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~~ 1 <br />III IIIIIIIIIIIII III <br />GRAVEL PURCHASE AGREEMENT <br />THIS AGREEMENT made and entered into this 1st day of July, <br />1983, by and between M. J. Cadgene of Montrose County, Colorado, Party <br />of the First Part, and the County of Montrose, State of Colorado, by the <br />Board of County Comuissioners of Montrose County, Colorado, Farly of the <br />Second Part. <br />WITNESSETH <br />1. That for and in consideration of the agreements, covenants, <br />and promises herein contained, the First Party agrees to sell to the Second <br />Party pit-run gravel at the total sum of THIRTY-FIVE CENTS ($0.35) per <br />cubic yard. <br />A. Three-quarter inch minus (3/4"-) gravel shall be <br />measured by the ton and converted to yards. <br />B. Four inch and pit run gravel shall be measured by the <br />truck load. <br />C. Gravel measured by tl~e truck load will be converted to <br />yards at 2,800 pounds per cubic yard. <br />2. The term of this contract shall be fora period of three (3) <br />years, from the 1st day of May, 1983, to and including the 1st day of <br />May, 1986. <br />3. Payment shall be made by the Second Party on a quarterly basis <br />of each contract year. <br />4. It .is agreed that First Party may sell gravel to other parties. <br />5. It is agreed that Second Party will keep gates closed when <br />cattle are on the gravel site property, November 15 through June 1 of each <br />year; or, install cattle guards with concrete bases at the gravel site <br />entrance(s), and remove cattle guards when contract terminates. <br />6. It is agreed that Second Party will not crush or haul gravel <br />from the site during the regular deer hunting season and that portion of <br />the combination season that is designated as deer hunting. <br />7. It is agreed that Second Party has the right to remove County <br />processed gravel from the property after the agreement is terminated. <br /> <br />