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<br />i • <br />11. The mining for grave by the COMPANY shall be con- <br />ducted on such portion of the tract as the COUiITY may desig-.ite <br />from time to time; provided, however, that after the initial <br />designation of the area is mined, all future designations <br />shall be on parcels of land adjoining those already mined. <br />Prior to making such designations o_ areas to be mined, the <br />COUNTY shall consult with the COt4PAtIY with respect to such <br />designations. After mining operations are completed on the <br />first site designated, the COMPAtdY shall proceed to mine the <br />second site designated. 24ining operations shall not con~-nence <br />on the third site until the first site is fully reclaimed. <br />This procedure shall continue as long as this agreement is <br />in effect. <br />12. This Agreen nt shall continue until December 31, <br />1979, and shall thereafter continue from year to year as long <br />the COI"3ANY mines and extracts a t«~.iimum of 7 acres and <br />sells not less than 250,000 tons of material, in each calendar <br />year, and otherwise cotaplies with the terms of this Agreement. <br />13. Upon execution of this Agreement, the COMPANY shall <br />post a bond, with sureties satisfaction to the COUNTY in the <br />amount of $50,000 conditioned upon the faithful performance <br />of the COrIPAtdY'S obligations under this Agreement. <br />~ , <br />'~ <br />i ~R'PT%ST~ <br />~., <br />',' 6ii.lliam Sokol <br />`,Clerk of \~te Board <br />~', <br />.~/~ <br />Deputy <br />ATTE:; ~ : <br />Secretary and Vice-President <br />BOARD OF COUid^1Y COMMISSIONERS <br />ADAMS COUNTY, COLORADO <br />//;• ~~, .; <br />John G. Campbell, Chas <br />TP CONSTRUCTION COMPANY <br />By: l/ ~ ~'-'~/ <br />L~<y'~z~ <br />Pr~dent <br />i <br />-3- <br />