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<br />F.XHTRTT (: <br />Mining Lease <br /> <br />Lease made this _ day of 1986, between Oren C <br />Nicholson Jr. of the County of Morgan, State of Colorado, <br />herein referred to as Lessor, and THE BOARD OF COUNTY COMMISSIONERS OF <br />WASHINGTON COUNTY, COLORADO, a body politic organized under the laws of <br />the State of Colorado, of the County of Washington, State of Colorado, <br />herein referred to as Lessee. <br />Lessor, in consideration of the agreements set forth herein to be kept <br />and performed by Lessee, and of the payment of royalties by Lessee as <br />provided herein, and subject to the terms, conditions, and provisions <br />contained herein, leases to Lessee a tract of land situated in the East <br />Half of the Southeast Quarter of Section 24, Township 6 North, Range 55 <br />West of the 6th P.M., for the purpose of mining, removing, and marketing <br />therefrom all sand, gravel and rock located within the confines of the <br />gravel pit permit which will be issued by the Board of Mined Land <br />Reclamation of the State of Colorado, all of which are herein referred to <br />as materials. <br />This lease shall be in effect for a period of 1 year from <br />" -, ii ~ ' 1986 to _' . , . , ~ 1987. Lessee shall <br />have Che right 'and option to renew this lease for successive periods of one <br />year each extending from the termination date of each succeeding year for a <br />total of ~ years. <br />Lessee shall pay to Lessor, as royalty, $ <br />cubic yard of materials removed from the premises.. Less <br />Lessor monthly reports showing the quantity of materials <br />preceding month, according to truck loads, with dates of <br />report shall be accompanied with a check from the Lessor <br />payment of the preceding month's material. <br />_ fot each <br />ze shall forward to <br />removed during the <br />loading. Each <br />to the Lessee for <br />Lessee may clear brush and undergrowth from such portions of the <br />leased premises as may be reasonably necessary to explore for materials or <br />to locate pits, quarries, and stockpile areas. Lessee shall have the right <br />to make use of all roadways presently existing on the leased premises, and <br />shall have the further right to build such additional roads as may be <br />necessary for the production and removal of materials hereunder. <br />In digging pits for the purpose of producing and removing materials <br />hereunder, Lessee agrees to make separate stockpiles of topsoil and of <br />waste substances. Lessee agrees that on the completion of the removal of <br />materials from the pits that have been dug on a leased premises, Lessee <br />will place any unused waste substances and materials used for roadways back <br />into the pits from which such substances and materials were removed, with <br />topsoil placed on top, and Lessee will back-slope such pits, using such <br />substances and materials as have been removed from such pits. The <br />restoration of the surface shall be in accordance with the rules and <br />regulations promulgated by the Mined Land Reclamation Board of the State of <br />Colorado. <br />