Laserfiche WebLink
,~ ,f~; ~ ~,~s ~~~ ~ III IIIIIIIIIIIIIIII <br />DO!i Form No. 788 Project No. C 22-0160-O1 <br />December 1972 ' <br />(Prey. O.F. No. 10) Location: S.H. 160, Las Animas Co, Line - East <br />EXIBIT - Source of Legal Right to Enter Page 6 <br />OPTION TO BUY MATERIAL <br />THIS AGREEi•fENT, ?fade and entered into this 18th day of May <br />19 78 , by and between Nyle W. E Fern McVey <br />Pritchett, Colorado 81064 <br />of Baca County' Colorado hereinafter re- <br />ferred to as the Owner, and the DEPARTMENT OF HIGHWAYS, STATE OF COLORADO, here- <br />inafter referred to as the DEPARTt•fENT. (The term "DEPARTt•fENT" shall be construed <br />to include Department employees, agents and contractors.) <br />WITNESSETH THAT: <br />WHEREAS, the Department desires to obtain construction materials of satis- <br />factory quality and quantity for use in construction, improvement and maintenance <br />of its highways, which material is available from land owned by the "Owner" and <br />described as follows, to-wit: <br />IJ11'y of S"vl'~ of Section 9, Township 31 South, Ranpe 50 F7est of the Sirth <br />Principal 19eridian <br />NOW, THEREFORE, IT IS AGREED BY THE PARTIES: <br />:The Owner, for the consideration of One Dollar, receipt of which is hereby <br />• acknowledged, hereby grants to the Department the exclusive right and option from . <br />the date of this Agreement until the ~i~r day o£ necenb~., , 19~_, <br />at 12:00 Noon, to purchase and remove from the subject premises. <br />(a) Sand at~phteen Cents (1gC) per (ton) (~a~1y~~ <br />(b) Soil (Borrow) at p;ft en Cents (15 C) per ~(;lf,+f,+~ (cu.yd.) <br />or for a lump sum of $ If the Department exercises this Option <br />within the time aforesaid, the Department•shall then have the right to purchase and <br />remove all material necessary for construction of Department projects in the area <br />and for adequate maintenance stockpile. If the Department exercises this Option, <br />the Owner shall be paid a minimum of $25.00. <br />The Department shall have the right of ingress and egress to and from the sub- <br />ject premises and to erect any temporary structures, such as: - screening and <br />crushing plants, and asphalt plants; and to employ any reasonable methods for remov- <br />al of material. After the Department has completed its removal operations, it will <br />leave the premises in a neat condition. <br />This Agreement is for removal of material for use on Department projects and <br />maintenance only, and removal by any other persons including the Department's <br />contractor or contractors for any purpose other than as herein provided, shall be <br />under a separate agreement with the Owner and only with written approval of the <br />Department. <br />R`i It is understood and agreed that, upon the letting of a contract by the Depart- <br />ment to a contractor for the construction, improvement and maintenance of highways, <br />the Department shall assign to the contractor all its right, title and interest <br />under this instrument, insofar as the same shall be applicable to the projects let <br />to the contractor, and the contractor may reassign such option to subcontractors <br />working on said projects. If the option is exercised by the contractor or any <br />subcontractor, said contractor or subcontractor shall have a right to extract all <br />material needed for the projects covered by the contract let by the Department, sub- <br />ject to all the terms of the Option. <br />I <br />~-~~n:w ~ <br />Page 1 , <br />Please sePaSevZrse side for l~ ~ ~,~l~,tZpe 1~ P~1,~~~~ <br />Cx G c <br />c <br />