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GRAVEL PURCHASE AGREEMENT Owner of Gravel Purchaser of Gravel and Permit Operator Haynes Hereford Ranch Phillips County Delbert Haynes District #2 22975 County Rd 53 221 S. Interocean Holyoke, CO 80734 Holyoke, CO 80734 Haynes Hereford Ranch/ Delbert Haynes, owner of the gravel in the Haynes Hereford Ranch gravel pit located in the SW 1/4 of Section 2, T7N, R45W of the 6th P.M., Phillips County, Colorado hereby agrees to sell gravel to Phillins County. Phillips County, as the purchaser, hereby agrees to obtain a mining permit from the State of Colorado and act as the operator of the pit. The plan for reclamation of the pit is hereby approved by the owner as this agreement is ratified. Gravel will only be taken from the areas described in the permit unless both the owner and Phillips County agree to extend the area to be mined. Research indicates that surface ownership of this land is held by Haynes Hereford Ranch and that the mineral rights are owned by Haynes Hereford Ranch. Haynes Hereford Ranch hereby certifies that payment should be made to them at the afore mentioned address. Claims for payment for gravel made by any other parties concerning this pit shall not be the responsibility of Phillips County. Phillips County agrees to pay .40 a yard for the gravel. Payment will be made to Haynes Hereford Ranch at the above address. This agreement is made for a period of 5 years and may be extended by mutual agreement or terminated with 60 days notice. The property owner, Haynes Hereford Ranch/Delbert Haynes, shall not be responsible for any of the gravel pit operations. Phillips County assumes full liability for those operations and is covered under their current liability policy for the gravel pit operation. The signatures below by the owner of the gravel and Phillips County signify acceptance of the conditions listed. Owner of G~vel ~ r Date ~ ~ _ _ \ _" ~ _, The f~going instrument was acknowledged before me this 1Q~ """" -day of ( , ~00%~s _ .` ~ ~`~ '., 'r My commission expires 2,/22 ~D 8 - c ~ ~~:. ~~^, '~ i r _'- Notary Publ'c ~ ;^ ,-~ a ~, 2 /t7.e~.r-~-Y- r2 ' ~ ~ ~ d Attest: Phillips Co. Clerk perator -Phillips County Date