PERMFILE133588 - Laserfiche WebLink

Home Browse Search

~ ~ , • `OIf~20-arE 165 25 7730 EXHIBIT G GRAVEL MINING LEASE Agreement made and entered into this ~/ sEday of Marcb, 2000, by and between CARL V SCHMIDT and FREDA SCHMIDT, Trustees of the Carl V. Schmidt Living Trust dated May 13, 1996 and FREDA SCHMIDT and CARL V. SCHMIDT, Trustees of the Freda Schmidt Living Trust dated May 13, 1996 of 20120 County Road 78, Towner, CO 81071, pazties of the fvst part, hereinafter called "Lessor" (whether one or more) and the BOARD OF COUNTY COMMISSIONERS of ICiowa County, Colorado, party of the second part, hereinafter called "Lessee". WITNESSETH: That the said Lessor for and in consideration of ten dollars and other good and valuable consideration in hand paid, receipt of which is hereby aclmowledged and of the covenants and agreements hereinafter contained on the part of the Lessee to be paid, kept and performed, has granted, demised, leased, and le! and by these presents does grant, demise, lease and unto the said Lessee, its successors and assigns, for the sole and only purposes of mining gravel and other related substances and for conducting all operations as may be convenient or necessary for the mining and removal of gavel and related substances, including but not limited to the construction of roads, excavation of gavel pits, reclaiming the same and doing all things as may now be or hereafter become necessary to comply with the rotes and regulations of the State of Colorado and the United States of America all that certain tract of land together with any reversionary rights therein, situated in the County of Kiowa, State of Colorado, described as follows, to wit: 9.5 acres within: The Southwest Quarter of the Southwest Quarter of the Northeast Quarter (SW 1/4SW I/4NE1/4} of Section Twenty-six (26), Township Seventeen (17) South, Range Foriy-two (42) West of the 6m P.M., Kiowa County, Colorado. Il is agreed that this lease shall remain in force so long as Lessee conducts mining operations thereon or a lease for five(5) years, renewable as long as able to conduct mining operations thereon and until Lessor reclaims said property as may be requved bylaw. In consideration of the premises the said Lessee covenants and agrees that the Lessee shall pay to Lessor as royalty twenty cents ($.20) per yard for all gravel and similar substances removed from the premises. It is understood and agreed that the Lessee shall have possession of the surface of said premises during the term of this agreement, IN WITNESS WHEREOF, the pazties have hereunto set their hands and seal the day and year fvst set forth above.