Laserfiche WebLink
JOINT RESOLUTION BY UNANIMOUS WRITTEN CONSENT <br />OF THE DIRECTORS OF <br />FRED L. SPALLONE, INC., <br />AND TURNPIKE CONSTRUCTION COMPANY, <br />COLORADO CORPORATIONS, <br />IN LIEU OF MEETING <br />The undersigned, constituting all of the <br />corporations, and pursuant to the laws of the <br />and the Bylaws of said corporations, do hereby <br />meeting by our unanimous written consent: <br />Directors of said <br />State of Colorado <br />resolve without a <br />WHEREAS, the corporation(s) is/are the General Partner of Cinque <br />Land Company, a Colorado Limited Partnership, which is the owner <br />of certain real property and water rights located in Weld County <br />in the vicinity of County Road 1 and Colorado Highway 52, known as <br />the "Turnpike Property," and which real property has been <br />previously mined for aggregate and continuously used by the <br />corporation(s) and the Limited Partnership as a base for <br />construction activities, and; <br />WHEREAS, the corporations believe it to be in the best interests <br />of the corporations to grant all rights and entitlements to apply <br />for permitting of the property for certain mining purposes to <br />Asphalt Specialties Co., Inc., a Colorado corporation, and a <br />proposed Lessee/Assignee of the property. <br />RESOLVED, the corporations direct LOUIS R. SPALLONE, the president <br />of each respective corporation, to enter into such agreements and <br />to execute such documents and instruments on behalf of the <br />corporations as necessary and advisable to enable and authorize <br />ASPHALT SPECIALTIES COMPANY, INC., a Colorado Corporation, to <br />apply for and obtain in its own name and on its own behalf all of <br />such permit applications, approvals, and changes as determined by <br />ASPHALT SPECIALTIES COMPANY, INC., in its sole and complete <br />discretion, with respect to the Turnpike property located in Weld <br />County, Colorado. <br />IN WITNESS HEREOF, the undersigned, being all of the <br />directors of the corporations, have executed these actions and <br />adopted these resolutions by their unanimous written consent upon <br />their signatures below, or on one or more counterparts all of <br />which taken together shall constitute the same document. These <br />actions and resolutions shall be effective as of and on the date <br />set forth below. <br />