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<br />-_ -~.~-, <br />1. Term of Agreement. T; e to=:,. of this agreeTent shall be <br />from the date of exacLtior. to arc until 5 years <br />r <br />later. <br />2. Property Description. The Owner hereby agrees to grant <br />-- to the County the right to enter the following described <br />property situated in ~•7eld County, Colora;lo: <br />Peters Pit 10.0 acres within Section 27 T12N, R6341,(Weld County Rd 71 <br />and 1362 ) <br /> <br />3. Royalty or. Sand ar.d Grz:=el. :'_„~ County agrees to pzy the <br />Owner a royalty of 0.45 per cubic vare+ <br />for all material remcv~d cu=i~e tie terr.:of this lease. <br />Such royalty is to be ozid on a r..onrhly basis for material <br />removed_ <br /> <br />S. Access. The Cwnar agrees to provia~ lard for haul road <br />and direct access to the ~,ork area. The County agrees to <br />construct and maintain said haul road in good condition <br />and to obliterate haul road at termination of this agree- <br />ment. <br />5. Books and Recorfls. The County ~Srees to keep accurate <br />records of all material removes =rcm said described lanfis <br />.and will, at all reasonable tir.~es, make said records availa- <br />ble to Owner, for their .nspe~;tion. <br /> <br />6. Notices. Any notice of t=~T,inct_on or other demand by the <br />Owner or the County shall t~ in r:ritina and foY:varded by <br />certified mail t':e follo.~ing ~~d-et,~: {{-- <br />,~ 'Owner: ~ John Pe ter~~~~...J~,,.••~ <br />Peters 313 Ranch - J~.,r,-~ <br />P. 0: Box M <br />Carpenter, ti'YO <br />Courty:l'.eld Cc:.:nty ;:.:,:,ineering Department <br />' 933 *~o; th llt:: Lven~e <br />. :~ .~. Pow ' ~ 3 .~ <br />Gr,eeley° CO 80632-G75E ° <br />- <br />J"1' ~ <br />