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PERMFILE112003
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PERMFILE112003
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Entry Properties
Last modified
8/24/2016 10:08:26 PM
Creation date
11/24/2007 9:04:28 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1978225L
IBM Index Class Name
Permit File
Section_Exhibit Name
EXHIBIT G SOURCE OF LEGAL RIGHT TO ENTER
Media Type
D
Archive
No
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" STATE OF COLORADO <br />.DEPARTMENT OF HIGHWAYS <br />°DIVISION OF HIGHWAYS <br />DOH Form No. 788 <br />~vised: February, 1979 <br />PIT IDENTIFICATION <br />McVev P`t <br />OPTION TO BUY MATERIAL <br />THIS AGREEh1ENT is made and entered into this T.O day of August , 1919 , by and <br />between the Owner(s): Nyl.e W. & Fern McVev <br />whose mailing address is: pr;trhort',_f'nlnrarln 41 l1FiU <br />the Mortgagee: , <br />and the STATE DEPARTMENT OF HIGHWAYS - DIVISION OF HIGHWAYS - STATE OF COLORADO, <br />hereinafter referred to as the Department. <br />WITNESS THAT: The owner(s) for the consideration of one dollar, receipt of which is <br />hereby acknowledged, does hereby grant to the Department an exclusive right and option <br />from the date of this agreement until the ]O day of August , 1980 at 12:00 <br />noon, to purchase, process, produce, and remove such materials located on land described <br />as follows: NW1/4 of SW1/~r of Section 9 Townsh~n 31 South Range 50 West of the <br />S~xth Pr~nc~nal hter'd~an <br />f a contract has been awarded and the subject material is being used or is to be used, <br />~ <br />~e expiration date of this Option will automatically extend until the work is completed <br />for that particular project. <br />In the event the Department desire s to purchase any material located on the above <br />des cribed land, the Owner will be paid a royalty fee at the following rate: <br />(a) Borrow at .Srr~r.,,+~r_=r:.rf Gc.n;t5 (/~¢) Per Cu. Yd. <br />(b) Gravel (~C¢) per <br />at j,,.r..~~~./ Cr-~.'~S Ton <br /> _ <br />i <br />(c) <br />at <br />( ¢) per <br />The Department shall have the right of ingress and egress to and from the subject <br />premises and to erect any temporary structures, such as screening, crushing, and/or <br />asphalt plants; to stockpile materials in an area of sufficient size; and to employ any <br />reasonable methods for the removal of said material. Colorado Mind Land Reclamation Rules <br />and Regulations will apply. This agreement and any State, County, or Municipal Permits <br />obtained by the Department are for the removal of material for use on Department projects <br />and maintenance only. <br />It is understood and agreed that, upon the award of a contract by the Department to a <br />contractor for the construction, improvement, and/or maintenance of highways, the <br />Department maY assign to the contractor all its right, title, and interest under this <br />instrument, insofar as the same shall be applicable to Department projects let to the <br />Contractor, who may reassign such option to. subcontractors working on said projects. If <br />the option is exercised by the contractor or any subcontractors, said contractor or <br />subcontractor shall have a right to extract all material needed for the projects <br />~overed by the contract awarded by the Department, subject to all terms of the Option. <br />Page 1 of 3 <br />
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