Laserfiche WebLink
- -1 <br /> <br /> <br />., <br />';ti:S CF':ZCr: ;:GR~cN=.,...i is r..zoe znd enterFd into this L(j ~'/ <br />_ , , 1. e. _ znd aetween the Gucom~+un us;ness <br />Trust ~:.`~cse aricress is c; o Cennis Ducor..mun, P. 0. b. r b;2, <br />I'r<:t~cr, Colorado 60;42 (ttie "Gptionor" or "Trus ") ana <br />rcC'__'iB t1Un F'.E LOUrCES, InC., w•h ose address is burde Ca. ir., 4E0 <br />t:orth Main S*_re~t, P. O. bor. 966, Alrra, Colorado E0420 (the <br />RECITALS <br />The Trust is the owner of certain mineral pr perties <br />located in Park County, Colorado described in Exhi it "A" <br />attached hereto and made a part hereof (the "Alma Placer'). <br />The Trust is the owner of certain water rights ommonly <br />known as the Columbia Ditch, 60 C.F.S., with an appro riation <br />date of 1668, the Columbia Reservoir with approximately 25-acre <br />feet cf water and the Stone Dam reservoir with appro imately <br />15-acre feet of water ("water Rights"). <br />Cptionee desires to lease the Alma Placer and to op~rate it <br />~s a working placer-mine operation. <br />The Trust desires to lease the Alma Placer to Optior~ee u?on <br />the terms and conditions set forth hereinafter. ~ <br />1`0+', TF.EREFOR:;, in consideration of <br />covenants herein, the Trust grants to <br />lease the Alma Placer upon the terms and <br />the premises nd the <br />Optionee an ep ion to <br />conditions as f liows: <br />1. Option Price and Payment. The Option <br />Fifty Thousand Dollars ~ in cash or <br />payable as follows: <br />a) <br />execution hereof; and. <br />b) <br />November 1, 1989.' ~. <br />The monies to be paid under this Paragraph <br />non-refundable in any event. <br />2 Guaranteed Ni'imum Rent. Optionee <br />Trust.as ~uaranteeo M2r:mum itenta under the <br />follows: <br />Price s~all be <br />certifie funds <br />upon <br />on or before <br />No. 1 s all be <br />shall pay ~to the <br />Lease Agree~~ent as <br />I <br /> <br />