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_. • iii iiiiiiiiiiiiiiii <br />~RECE[VED <br />MAY 2 0 1977 <br />GRAVEL LEASE <br />RECLAMATION SECTION <br />Colo. Dept, of Natural Resources <br />THIS LEASE, made and entered into this i~ J ~/ _ day of <br />~~~~j ! 1975, by and between LOWRY S. SEELY and GWEN N. <br />- r <br />SEELY, husband and cvife, of the County of Moffat, State of Colo- <br />rado, hereinafter referred to as "Lessors," and NIELSONS, INCOR- <br />PORATED, a Colorado corporation, of Dolores, Colorado, herein- <br />after referred to as "Nielsons." <br />WITNESSETH: <br />WHEREAS, Lessors are the owners of that certain real <br />property situated in the County of Moffat, State of Colorado, <br />described as follows, to wit: <br />EZNE;, Section 12, Townsh <br />of the 6th P.M., less 0.5 <br />and R.O.W, as recorded in <br />records of Moffat County, <br />er. This parcel of 79.35 <br />to as Parcel "A"; <br />ip 6 North, Range 91 West <br />acres deeded to Morton <br />Book 220, Page 345, <br />Colorado Clerk and Record- <br />acres hereinafter referred <br />~ SASE;, Section 1, Township 6 North, Range 91 West <br />of the 6th P.M., less old Highway 13 right of way <br />of 3.03 acres and less 22.82 acres deeded to the <br />City of Craig, Colorado. This parcel of 54.15 <br />acres hereinafter referred to as Parcel "B"; <br />Lot 7, Section 6, Township 6 North, Range 90 West <br />of the 6th P.M. This parcel of 39.26 acres herein- <br />after referred to as Parcel "C"; <br />and <br />iVHEREAS, Parcels "A," "B" and "C" are unimproved real <br />property, partly used for agricultural purposes (except a cer- <br />tain portion of Parcel "B" which is used for residential pur- <br />poses); and <br />WHEREAS, Nielsons are in the gravel, sand, aggregate and <br />concrete business and presently have a contract with Colorado-Ute <br />Electric Association for certain portions of the Yampa Project <br />located south of Craig, Colorado, and have determined that satis- <br />factory aggregate is available in previously described Parcels <br />"A," "B" and "C," and Lessors have informed Nielsons that aggre- <br />gate would be available to Nielsons at the agreed royalty of <br />thirty (30) cents per cubic yard; and <br />