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' ~o b Scl+ ~q~e~ o-~ Secu~:. <br />TEST WELL LICENSE AND LARD USE AGREEMENT' yea r <br />T <br />3-LG-y/ <br />THIS AGREEMENT' made as of thin let day of April, 1990, <br />between Schlage Lock Company, whose addreaa is 3099 Hancock <br />Expressway, Security, Colorado e0911, herein called •Licensae,• <br />and Security water and Sanitation Districts, whose addreaa 1a 131 <br />Security Elvd., p.O. !!oz S1S6, Security Colorado X0931, herein <br />called •Llcensor.•`~ <br />In consideration of the mutual promises and obligations <br />herein contained, together with other good and valuable <br />consideration as hereinafter provided, the parties agree as <br />Coilows: <br />SECTION 1 <br />Grant of License: Description of preoites <br />Licensor hereby grants to Licenaee.a license to occupy and <br />use, ^ubjact to all o! the lieitations, terms and conditions <br />hereof, approsimately 30i acres of the tollorinq descrlbed <br />premises, the appr'osimate boundaries of which are delineated on <br />the sketch attached as E:hlbit !l, with saasoaable access thereto <br />guaranteed by Licensor: <br />(1) SEE EJIHISIT •A• ATTACHED [or legal desctiptioej and <br />(2) SEE EX11It+2T •e• ATTACHED tot proposed site plan of <br />approximate location of wells. <br />Licensor warrants and represents that it is the sole owner <br />of saki lands and has Cull power and authority to grsot l~i~ <br />license to Licensee. <br />BECTIOM II <br />Lisitations to Use of Described Purposes <br />7'be prssises leer be occupied ind used by Licensee solely <br />Eor the purpose of installing and utilizing a series of <br />groundwater nanitorinq, production and injection wells and <br />related groundwater ramediation [acilities, equipment and <br />appurtenances Eor the purpose aE tasting, treating and sonitorinq <br />the groundwater in the area. This license shall permit the <br />construction, maintenance, repair and use o[ the said walla •nd <br />related equipment and appurtenances, and for incidental purposes <br />related thereto beginning the date of this agreement hereinabove, <br />and continuing until the agreement is terminated. <br />Licensor retains the absolute right and option, as owner, <br />to sell, lease and/or use the property described in Ezhibit A <br />