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~ c~r~~>~ <br />~:~ <br />~''t'~ COUNTS (~r <br />,t~~~ ~NU,,,t,li~,; E LB E R7 <br />' u~,~n,trn-,l~rv~,• r <br />an9vlrnvr. ~ ~ <br />slnlLn, cul.vllnuv aue.ts <br />' 1-719-541-2268 . <br />.1. <br />' GRAVEL PIT AGREEMENT <br />1 1ST R <br />THIS AGREEMENT is entered into this ~k`^ day of mar -e,cvJo~z.r , by <br />' and between Elbert County Government ("County ") and (-~ 1 l: sue, <br />("Property Owner " ), for the purpose of operating a gravel pit on property in Elbert <br />County, Colorado. <br />' WHEREAS, Property Owner is the owner of certain property in Elbert County. The <br />Property Owner wishes to all w the County too rate gravel pit on the following <br />described property : 1J Vin,' ~~4 Scc; 2 i ~U . ~ S~ <br />(legal description) and approximately I acres. <br />' WHEREAS, the County desires to open and operate a gravel pit on Property Owner's <br />property according to the terms of this Agreement. <br />NOW THEREFORE, in consideration of the promises made herein and other good <br />and valuable consideration, the parties agree as follows <br />' 1. The County agrees to do the following <br />' (a) Acquire and maintain the required permits for operation of a gravel piton the <br />above described property ; <br />' (b) Maintain the roads in the pit area used in the operation of the pit, and to <br />maintain the roads to the gate to the pit; <br />' (c) Be responsible for all reclamation of disturbed area as required by the State <br />of Colorado at the time of the closure of the pit, <br />(d) Pay Property owner on a monthly basis $ ~ per cubic yard for <br />gravel or fill extracted and hauled out of the pit. The parties agree to renegotiate the <br />per cubic yard fee every five (5) years throughout the duration of the Agreement. If the <br />' parties cannot mutually agree upon a reasonably acceptable fee at the time of renegotiation <br />then the fee shall increase by five cents (.OS) per cubic yard; <br />' (e) Maintain appropriate liability insurance for the equipment and operations of <br />the County at the gravel pit; <br />i <br />1 <br />