2023-03-16_PERMIT FILE - M2023008 (4)

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Property lease This Farmland Property Lease(this "Lease") dated this '7 lk' day of February 2023. (thereinafter referred to as the "Lease"). by and between A&S Construction Co. ("Lesser`"). whose address is 839 Mackenzie Ave. Canon City. CO 81212. and Olis Lauppe',and Susan Lauppe, whose address is 21209 29 RD. Fowler, KS 67844. Recitals In consideration of the sum of Ten Dollars (S 10) paid by the Lessee to Lessor. the receipt and sufficiency of which is hereby acknowledged by lessor. and on and subject to the ternts and conditions provided in this Lease. Lessor herehy leases. lets and demises to the Lessee as defined herein. in. on and under the following described real property situate in Lincoln County. Colorado with a legal description as follows: SF. . ATTAC'I Ii;D MAP AND ASSESSOR Sl11.11T the exclusive right to place a portable asphalt plant (luring the 'term of this Lease. 1. Definitions. a. Lease Year shall mean a period of one year beginning on the date the m Ter of the Lease commences. as set forth in Subsection e. below. or on an. annual anniversary thereof. b. Tenn. The Terni of this lease shal l he far a period commencing on a (late to be determined by A&S Construction and will terminate at the end ol'the C'DOT Project with 30-day notice from A&S Construction to the landowner. 2. Lease Payment. a. Ail parties au'ree to a leu•C ha\iiiCnt (,I' per month. 3. Operations. a. The lessee shall conduct its operations on the Property in a prudent and workmanlike manner and in accordance with good and accepted mining and business practices and in compliance with all applicable federal, state. and local laws. rules and regulations and all applicable permits. The timing. nature. manner and extent ofall activities shall he within the sole discretion of the lessee. b. The lessee shall have the right to construct. maintain. use roads. fence. power lines. telephone lines. and any right of way it deems . 1 Lessor Initials 0 C 1, Lessee Initials _ _.^