Laserfiche WebLink
„•.,..,, oG , <br />This lease, made <br />between Ralph Wilson, <br />Crushing, Lessee. <br />• <br />this %,f day of • ~'e,•~~~~ ~_, 1981, <br />Lessor, and Ray P, Bingham, d~~a Bingham <br />In consideration of payment of royalties and the keeping and <br />the performance of the covenants and agreements by the said Lessee <br />hereafter set forth, the said Lessor hereby leases unto the Lessee, <br />a parcel of ground containing approximately twenty (20) acres, <br />more or less, at PEionia, Colorado, for the purpose of operating a <br />gravel pit, crushing gravel, storage of machinery and finished <br />Eravel products, and other purposes pertinent to the operation of <br />a gravel business. <br />Also, the Lessee is given the right to clean the river channel <br />consisting of approximately one-half (1/2) mile of river. <br />Lessee may, at his own expense, hook up to city water, <br />electricity, telephone, and may construct semi-permanent structures, <br />etc., as is necessary in the operation of his business. <br />The terms of this lease shall run for a three (3) year period, <br />expiring .' ~,~I`~~••,,:ri `_ 1984, at which time Lessee shall have <br />an option ofrenewing this lease und-er--talc-7m-~--~.~i~Yen~--a$ <br />e6RtE-i-7rbt1" -T32-~+~7C-3-eflSS-.~ GLIf,! /"C.»U UJ f~ ~- 7~+f ~c^I•%f~^i i.> ~~•- <br />It is also understood that if permits are required, it shall <br />be the responsibility of the Lessee to obtain such required Federal, <br />State or County permits. <br />In consideration of the above, the Lessee agrees to pay the <br />Lessor a royalty of txenty ($0.20) cents.per cubic yard of material <br />removed from the premises each month, and shall report to the Lessor <br />the first day of each month the amount of royalty due, and shall <br />make payment of such amount due no later than the first day of the <br />• following month. <br /> <br />`~------~----- - Lessor <br />~•_ °` _ <br />~_..:~'___` ~._l, ~ r>I- __Lessee <br />'J <br />