PERMFILE64087 - Laserfiche WebLink

Home Browse Search

~~ SFB SETTLEMEN't.~ (6/80) • • (Check oife EXHIBIT F Paragraph 5-A ~~ Faragraph 5-B -~ STATE OF COLORADO State Board of Land Commissioners Department of Natural Resources. Denver, Colorado 80203 PERMIT FOR REMOVAL OF ROAD OR CONSTRUCTION MATERIAL FROM STATE LAND Permit No. 255-I THIS AGREEMENT, Made this 19th day of May 19 B6 by and between the STATE OF COLORADO, acting through its State Board of Land Commissioners (hereinafter - referred to as "Owner"), and Board of County Conw~issioners, Rio Grande County ter referred to as W I T N E S S E T H That the Owner, for and in consideration of the sum of Fifty only - - - - - - - - - Dollars ($ 50.00 ) and the covenants and agreements hereinafter mentioned, to be kept and performed by the Purchaser, hereby grants to the Purchaser the right from the date of this Agreement and until the 19th daq of Mav 1991 , to purchase and remove sand and grav l from the following described premises situated in R;n (:rands County, Colorado: SUBDIVISION SECTION TOWNSHIP RANGE 80.00 acres, SJ2NW/4 27 40 North 4 East It is mutually agreed as follows: 1) At the expiration of the aforesaid limited time, this Permit will become null and void, unless extended by the mutual agreement of both Owner and Purchaser. If extended, the new expiration date is to be entered on the back of this Permit. 2) Purchaser will have the right to enter the subject premises and erect any temporary structures and employ any reasonable methods for removal of the material. 3) Material to be removed at the rate set out below: Sand & Gravel at a price of $ 0.30 peL ton OR Sand & Gravel at a price of $ 0.405 peL cubic yard - 4) The Owner reserves the right to lease or sell the land, to issue other permits upon it, and to grant rights-of-way upon all or any part of said premises at any time for any purpose, and Owner may cancel this Permit at any time for any reason by giving Purchaser 30 days' written notice. 5) Settlement Option -- Purchaser agrees to report production on forms furnished by Owner, accompanying such forms with full payment for all material removed. Settlement is to be made by one of the following methods which Se to be binding during the entire term of this Permit: A. Quarterly Settlement ~~, . , The quantity of material removed from the aforementioned premises is to be ' reported by calendar quarter. A report, accompanied by remittance, is to be furnished to the State Board of Land Commissioners within one month after the end of each settlement period (by January 31, April 30, July 31, and October 31); or -1-