Laserfiche WebLink
LEASE AGREEMENT <br /> THIS LEASE AGREEMENT (the "Lease") is made and entered into by and <br /> between CASTLE ROCK CONSTRUCTION COMPANY OF COLORADO <br /> LLC, 6374 S. Racine, Centennial, Colorado, 80111 ("Lessee") and Lucas <br /> & Tonya Strode, 5700 CO RD R, Flagler, CO 80815 (719) 349-0016 <br /> (Lessor"). <br /> Lessor owns property located in Section 30 of Range 50W and Township 9S <br /> of which the Lessee would operate in 40 acres in that section to be determined <br /> later. This property is favorable for an Aggregate Borrow Site for use by the <br /> Lessee in construction of a CDOT concrete paving project. <br /> NOW, THEREFORE, it is mutually agreed that <br /> 1. Aaareaa#e Borrow and Processing Operations. For consideration <br /> described in paragraph two, the Lessors will permit Lessee and the Related <br /> Parties (defined below) to enter upon this property for the purposes of <br /> operating aggregate borrow and processing operations thereon, together with <br /> transporting materials to and from the property in connection with said <br /> operations. All costs of such Operations shall be borne solely by Lessee. <br /> Upon termination of this Lease for any reason, Lessee at its sole cost and <br /> expense shall cause the Property to be restored to substantially the condition it <br /> was in prior to the Operations other than a depression created by the removal of <br /> the borrow materials. In addition, Lessee shall be responsible for and shall <br /> indemnify Lessor from and against any claims, demands or other liability <br /> related to the Borrow Operations or Lessee's or the Related Parties' actions or <br /> inactions with respect to real property which is adjacent or nearby the <br /> Property (the "Adjacent Property"). This includes without limitation damage <br /> to roadways, utilities, infrastructure or other improvements as a result of or <br /> related to these Operations. <br /> Lessee understands that: <br /> (a) Top soil is to be stripped (approximately 4-6 inches depth), <br /> salvaged and re-spread over the disturbed area; to the extent <br /> this disturbs existing grassland, the Property shall be <br /> reseeded with the same grasses by Lessee. <br /> (b) All equipment will be operated by Lessee and the Related <br /> Parties and only in areas on the Property acceptable to the <br /> Lessor. <br /> (c) Lessee and Lessor will work together to determine the <br /> necessity of fencing to protect livestock from the <br /> Operations. Should fencing become necessary Lessee <br /> will be responsible for the erection, maintenance and <br /> cost of electric fencing. <br /> (d) Lessor is to be contacted to inspect the Property to ensure <br /> that it has been restored to an acceptable condition prior to <br /> removal of Lessee's equipment at the termination of this <br /> Lease. <br /> (e) The Lessee is aware of, and will abide by, the articles of <br /> this Lease Agreement. <br /> 1 <br />