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PURCHASE AGREEMENT NORTH DAHLIA PROPERTY . ~ THIS PURCHASE AGREEMENT ("Agreement") is made this 14"' day of December, 2000 between the C1TY OF THORNTON, a Colorado municipal corporation whose address is 9500 Gvic Center Drive, Thornton, Colorado 80229 ('Thomton") and AGGREGATE INDUSTRIES -WEST CENTRAL REGION, INC., an Indiana corporation, whose address is 3605 South Teller Street, Lakewood, Colorado 80235 ("Aggregate'. Aggregate was formerly known as CAMAS Coloredo, Inc., an Indiana corporation, and Cooley Gravel Company, an Indiana corporation. RECITALS WHEREAS, the City of Thomton has commenced an eminent domain action to acquire property in the following action, City of Thomton v. Cooley Gravel Company, et al., Case No. 98 CV 0777, District Court, Adams County, State of Colorado; WHEREAS, Aggregate is currently the owner of the Property; WHEREAS, mining has been completed on the Property and the Property in its current conditlon has the potential for use as a reservoir; and WHEREAS, Thomton and Aggregate have reached an agreement regarding the purchase of the Property as a finished and approved reservoir from Aggregate by Thomton. AGREEMENT NOW, THEREFORE, and In consideration of the mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Thomton and Aggregate agree as follows: Definitions As used in this Agreement the following terms are defined as set forth below: "Closing" shall mean the execution and delivery of the documents Identified in Paragraph 19 of this Agreement and the payment of the Purchase Price. "Condemnation Action" shall mean the eminent domain action commenced by Thomton to acquire the Property, in the District Court, County of Adams, State of Colorado, In Case No. 98CV0777, City of Thomton v. Coolev Gravel Comoany, et al. North Dahlia Purchase Agreement December 11, 2000 Page 1 of 22