Laserfiche WebLink
MINERAL LEASE & RIGHT TO ENTER <br />THIS LEASE AGREEMENT, made this day of , <br />By and between Rat.r.y ~t ark ~ Clinton A. Clark <br />Hereinafter called the Lessor, and LINCOLN COUNTY. Hereinafter called the Lessee. <br />The said Lessor is the owner of the foltowing described real property located in the County of <br />Lincoln State of Colorado. <br />1. In consideration of the mutual covenants herein contained, the said Lessor does, by these <br />presetns lease and let for the purpose hereafter memioned, under all lawfiil warranties <br />unto said Lessee the mineral interest described in paragraph 2 hereof. <br />2. The Lessee shall have the right to mine, extract, remove and take from the above <br />described real property all the SAND AND GRAVEL, (hereinafter called minerals), in <br />and under said real property , with the right to remove the topsoil or overburden above <br />said minerals attd also Lessee shall have the right to use necessary space for the <br />construction and maintenance of anything required for the extraction and/or handling of <br />minerals and space for stockpiling such minerals on the premises all without any payment <br />in addition to the royalties and other payments herein specifically provided for. <br />3. The Lessee shall have, during the term of this Lease, the unlimited right of ingress and <br />egress for the removal of said minerals mined, extracted, removed and taken from the <br />premises. <br />d. This lease shall continue in effect from Nov . 1 , 200"toldov . 1 , 2022 ,and <br />may be extended by the Lessee for an additional period of five (5) veers, upon written <br />notice of such extension given to the Lessor ten day before the expiration of said lease <br />agreement. <br />5. The Lessee shall pay the Lessor for all minerals mined and taken form the said premises <br />herein leased, a royahy of Sl•80 per single axle dump truck load or 54.20 per tandem axle <br />dump truck load, or ~ per semi load. <br />6. The Lessee shall pay all taxes assessed or that may be assessed against the premises <br />herein leased during the continuances of this Lease. <br />7. Lessee shall have over the aforesaid property only these rights intimately concerned with <br />the mining and removal of said minerals including, without limitation, the right to <br />stockpile said minerals on the above-described real property or other lands adjacem <br />thereto and owned by the Lessor but within the boundary of the leased area. <br />8. Lessee will revegetate all damaged to the leased area due to the mining operations and <br />upon completion of the operation all affected azeas will be reseeded with a native grass <br />seed mixture recommended by the Natural Resources Conservation Service and will gave <br />the right to fence the affected azea in after revegetation to allow undisturbed growth if <br />needed <br />9. The Lessor agrees, upon termination of the Lease Agreement by the Lessee of the <br />property herein above described, to assume frill responsibility for the condition of such <br />property, and further agrees to hold harmless from any and all claims by, or liability to, <br />third parties azising after the termination of the Lease Agreement. <br />10. The Lessee is to provide compensation to the Lessor for any damages to permanent man- <br />made structures, which where the result of [Wining the affected land. <br />