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_6 <br />I Transfer and Leaseback of Boyd and Freeman Ditch Water,Rights t ^ <br />As `'.. <br />full consideration and rent for the permanent lease of the Augmentation Wafer described <br />in Section 1 (subject to an assignee's possible obligation to pay the storage and pumping <br />fee upon assignment described in Section 2), Lafarge agrees to transfer, convey and <br />assign by bargain and sale deed, stock assignment and irrevocable stock power to Crreeley <br />all of its right, title and interest in water rights decreed to the Boyd and Freeman Ditch: <br />and associated with its 550 shares.of stook in the Boyd Irrigation Company (the "Boyd,,, t <br />and Ffeeman Ditch Water Rights") within 15 days of the effective date of this <br />Agreement Lafarge shall also execute covenants prohibiting irrigation of its 3 5th Avenue <br />Pit Site with any water available under shares of stock in the Boyd Irrigation Company __ <br />except as may temporarily be required to allow Lafarge to meet its reclamation ` r <br />obligations under the mining permit for the 35th Avenue Pit Site, -In partig satisfaction <br />of Greeley's Augmentation Water lease obligation in Section l hereof, Greeley may elect <br />to make Augmentation Water available to Lafarge under the Boyd and Freeman Ditch„, <br />Water Rights for use in Lafarge's Substitute Water Supply Alamo replace evaporative zz <br />water losses or other water depletions occurring, at Lafarge's 35th Avenue Gravel Pit <br />Site, or other sand and gravel mining sites located between the head.gates of Greeley <br />Canal No. 3 and the Ogilvy Ditch (the "Adjacent Sites'.) during the April-October ' <br />period., .Lafarge agrees to use best efforts to continue. to obtain any necessary approvals <br />related to the use of water available under the Boyd and Freenian Ditch Water Rights iii,; <br />any renewals of such Substitute Water Supply Plan; provided, however, that nothing. <br />herein shall affect Greeley's obligation to deliver Augmentatioi Water from other - <br />sources in the event that a Substitute Water Supply Plan using the•Boyd and Fteentan <br />Ditch Water Rights is not approved by the State Engineer's Office. Unless otherwise <br />requued'by law, absent Greeley's written approval, Lafarge agrees not to seek court -` <br />adjudication of any plan for sugnrientation kvolying Augmentation Water to be released` <br />from Greeley during the April-October period until the later of a) ten full Lease Years. ' <br />after the effective date of this agreement. or b) completion of all required mine . <br />reclamation activities on the 35th Avenue Pit Site and the ;A.djacent Sites. Lafarge shall <br />give Greeley prompt written notice of any such legal requirement for Lafarge to seek <br />such court adjudication prior to file times specified above, and shall not file an <br />application seeking such court adjudication for a minimum of 90 days following the <br />sending of such notice unless such ninety (90) dayperiod is waived by Greeley in its sole <br />discretion. Upon receipt of such notice, Greeley and Lafarge shall confer with respect tp <br />what specific Greeley water supplies, consistent with Greeley's other obligations.under; L. . _- <br />this Agreement including without obligation its obligation to provide Augmentation <br />Water, Greeley shall allow to be included as supplies from which Gmeley will make <br />water available to Laf*ge in suoh application. 14 prior to the time specified in <br />subsections a) and b) of this Section, the State Engineer's Office derdes a Substitute <br />Water Supply Plan submitted by Lafarge that relies in whole or n part <br />upon the Boyd ai <br />Freeman Ditch Water Rights, Greeley may request that Lafarge file and prosecute-an <br />administrative or judicial appeal of such denial; proceedings at the initial level of any <br />such appeal shall be at Lafarge's expense, while proceedings at any further level of <br />appeal, if aray, shall be at Greeley's expense. <br />....,_.. _.- ...... .._.?.. ......__.......__............,....._............. -................ _..____........_ ...._........-_.. ._._?.__?_.?....«?........... ::F. .... .. <br />r. .