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<br />STATE OF COLORADO
<br />BOARD OF LAND COMMISSIONERS
<br />1313 Sherman Street, Room 621
<br />Denver, Colorado 80203
<br />Phone: (303) 866-3454
<br />Fax: (303) 866-3152
<br />Department of Natural Resources
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<br />Managing
<br />State Trust Lands
<br />Since 1876
<br />September 11, 2007
<br />Hayden Gulch Terminal, Inc.
<br />1300 South Yale
<br />Bill Ritter, Jr.
<br />Governor
<br />Harris D. Sherman
<br />Department of Natural Resources
<br />Executive Director
<br />Flagstaff, AZ 76004 Britt t. weygandt
<br />State Board of Land Commissioners
<br />RE: State Right-Of--Way Lease No: 2278, Book 22, Routt County Division Director
<br />This letter is to notify you that the District Manager of the State Board of Land Commissioners
<br />has approved a le se extension for Right-Of--Way Lease No. 2278, Book 22. The name(s)
<br />appearing on the extension will be Hayden Gulch Terminal, Inc. as a corporation.
<br />The lease includes the following lease terms:
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<br />~ ~ ~ ~ ROW No: 2278, Book 22 ~ ..... -...., _ ~'r ,. ...
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<br />" ration•::arriou~it;
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<br />'Consid
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<br />$~4 ei~ed'9f'10%2007) ; -~
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<br />'~: .. TerrriExYerisi~iri.
<br />.~:•I/ease~ 1~~~-years::. tai . 1,,. r• r:~::i --.::;;~~..:,.~a;.
<br />%I~ll.! '.CC, j.t:P.i,V, :ii i'~"^ Tv!
<br />Effecti've~ ~7 ate:
<br />12109/2007 '~',Qfiji ,_:Jt'!-s$:+US.
<br />End;:Date;;;.; ;;'•:12(,09.,1202-2,~•
<br />The consideration may be subject to change based on the December 2007 Consumer Price Index.
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<br />---------This-is-a-notification ofa=decision-of the-staff.-Ai~lyparty-_who believes=they-have-been-adversely---- --- -- - - - - --
<br />affected by the decision lnay request a review of the decision by the State Board of Land
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<br />Comniissioiiers. To request a review affected,paitie's must follow the procedures of the Boar 's
<br />Policy Concerning Review of Staff Decision; policy #2002-01, which can be found ori:tlie State
<br />Land Board website athttp~//www trustTaiids:state:cous. The standard for review of the decision
<br />shall be whether the decision is supported'by substantial evidence and has a reasonable basis, or,
<br />• conversely, whether the decision`was arbitrary, capricious, an abuse of discretion, or is adverse
<br />to the long=term best interest of the trust beneficiaries.
<br />If you have any questions, please contact your District Office listed-below: ~ '
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<br /> t-State Land Board•D.istrict Offices
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<br />Northwest .,~..~,...~•.;~f f:.~1 t'~'"-''
<br />North Central `'' `''` Northeast ' ~~ 1'''11..=y\'I ,tV~
<br />"South ' ' ' ="
<br />Southeast
<br />Front Range
<br /> P.O. Box 1094 1220' l•ltli•~Ave #302 .';:;3011'=Poplar#3 1?.0:'$oz:88 4718 N. Elizabeth St. 1313 Sherman St.
<br /> Craig, CO 81626 Greeley CO; 8.0.,63;1-. ~ .Steding;C,O 80751 ,; Alamosas,Cp:81•101,,,.
<br />~ .Ste~ G .. ~ , t,..,,,; ,,; ., .. Rm. 621
<br /> 970-824-2850 970=352-3038 970-522-0975 `~ 719 584-2360• '''~'
<br />" 'Puelilo;~C08j'008'~•'~ ~ Denver, CO 80203
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<br />cc: Field Operations 719-543-7403 303-866-3454
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<br />COMMISSIONERS: Dennis V. Brinker, Steve Holdren, Holly Propst, Peter H. Walsh, Shirley W. Watson
<br />RN-03 Page 3-4.30a Revised 06/08
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