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3. County agrees to remit $15.00 per belly dump truck load (approximately 20>yardg.of <br /> any and all material extracted from Owner's property and shall provide records to the Owner of <br /> the loads retrieved. Payments shall be made monthly by the County on the first Wednesday of <br /> the month. It is understood that extraction may not occur each month and on months with no <br /> extraction, no payments will be made. The amount remitted per truck load is subject to change <br /> based upon resolution approved by the Board of County Commissioners. Dump truck loads will <br /> be paid at the new rate as of the date of resolution. <br /> 4. The County will maintain liability insurance coverage for the operation of the pit and <br /> shall have the Owner listed as an additional insured. <br /> 5. This Agreement is the entire Agreement between the parties with respect to the subject <br /> matter contained herein and supersedes any verbal understandings and prior agreements between <br /> the parties hereto. No alterations, modifications, or revisions to this agreement shall be binding <br /> on either party unless in writing and signed by both parties. <br /> 6. This Agreement shall be interpreted and construed in accordance with the laws of the <br /> State of Colorado. <br /> IN WITNESS WHEREOF, the parties have executed this Agreement the day and year <br /> first above written. <br /> OWNER: OWNER: <br /> BOARD OF COUNTY COMMISSIONERS <br /> Lea Ann Laybourn, Chairman <br /> ATTI✓STr ,CL <br /> Annie Kuntz, Clerk to the Board <br /> Authorized by Resolution Number 0(�( <br /> 2 <br />