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HomeMy WebLinkAbout760340.tiff CASH RENTAL LEASE THIS LEASE made this 15th day of March , 1976, by and between WELD COUNTY, A POLITICAL SUBDIVISION OF THE STATE OF COLORADO, BY THE BOARD OF COUNTY COMMISSIONERS FOR ITS RESPEC- TIVE INTERESTS, hereinafter called Lessor, and HAROLD W. LAW, here- inafter called Lessee, WITNESSETH: The Lessor hereby leases to the Lessee to occupy and use for agricultural and related purposes , the following described property in the County of Weld, and State of Colorado, to-wit: Parcels located in Section 1, 2 , 11 and 12 , Township 5 North, Range 65 West of the 6th Principle Meridian, said area being more particularly described in Exhibit A, attached hereto and made a part hereof by reference. 1. TERM - The term of this lease shall be from January 1, 1976 , to January 1, 1977 , and this lease shall continue in effect from year to year for a period not to exceed three consecutive years , unless either party shall give written notice to the other of termination not less than 60 days prior to expiration of this lease or renewal thereof. A. CONTINUOUS OCCUPANCY - The Lessee agrees that he or his agent will possess and occupy the property continuously during the term of the lease, and shall not have the right of assignment of this agreement. B. SURRENDER OF POSSESSION - The Lessee agrees to surrender possession and occupancy of the premises peaceably at the termination of the lease. C. REVIEW OF LEASE - A request for general review of the lease may be made at least 60 days prior to the final date for giving notice to terminate this lease. Amendments and alter- ations to this lease shall be made in writing. 2 . RENT - The rent to be reserved by, and paid to, Lessor shall be the sum of cash rental of Twenty Two Thousand Six Hundred Dollars ($22 , 600. 00) per year. A. The sum of One Thousand Dollars ($1, 000 . 00) in cash was paid upon submission of bid; and B. The sum of Twenty One Thousand Six Hundred Dollars ($21, 600 . 00) payable with signing of said lease. C. Annual rent shall be payable on January 1, of each subsequent year. 3. RIGHT OF ENTRY - The Lessor reserves the right of the County, its agents , its employees, or its assigns to enter the property at any reasonable time for purposes (a) of consultation with the Lessee; (b) of making inspections; (c) of developing mineral resources including the extraction of sand and gravel; and (d) after notice of termination of the lease is given, of plowing, seeding, fertilizing, and such customary seasonal work, none of which is to interfere with the Lessee in carrying out regular farm and ranch operations. RIGHT TO LEASE - The Lessor warrants that he has the right to lease the property, and will defend the Lessee ' s possession against any and all persons whomsoever. 5 . GENERAL MAINTENANCE - The Lessee will operate the pro- perty during his tenancy in as good condition as at the beginning, normal wear and depreciation and damage from causes beyond the Les- see' s control excepted. Lessee will perform maintenance and repairs as needed on all fences and buildings. ileoce 760340 6. GOOD HUSBANDRY - The Lessee will operate the pro- perty in an efficient and husbandlike way, will do the pasturing, plowing, seeding, cultivating and harvesting in a manner that will conserve the Lessor' s property. A. The Lessee will not commit waste on, or damage to, the property and will use due care to prevent others from so doing. B. The Lessee will not, without written consent of the Lessor, (a) plow permanent pasture or meadowland, irrigated pasture excepted, (b) cut live trees for sale or personal uses , (c) allow livestock other than his own on stalkfields or stubble- fields, and (d) burn or remove cornstalks , corncobs , straw or other crop residues grown on the property. C. The Lessee will use diligence to prevent noxious weeds from going to seed on the property and will destroy the same, and will keep the weeds and grass cut or destroyed on the fields , farmstead, roadside and fence rows . 7 . ADD IMPROVEMENTS - The Lessee will not, without written consent of the Lessor, (a) erect or permit to be erected on the property any nonremovable structures or buildings , or (b) incur any expense to the Lessor for such purpose, or (c) add elec- trical wiring, plumbing or heating to any buildings, and if consent is given, he will make such additions meet standards and requirements of power and insurance companies . 8 . WATER - Lessor agrees that Lessee shall have all water for domestic and/or irrigation which Lessor owns with said property. Lessor shall pay all water assessments. 9. The obligations , benefits, terms and conditions of this lease shall inure to and be binding upon the heirs, and personal representatives of the leasee. IN WITNESS WHEREOF, the said parties have hereunto sub- scribed their names and signed the same this 15th day of March , A. D. , 1976. WELD COUNTY, A POLITICAL SUBDIVISION OF THE STATE OF COLORADO, BY THE BOARD OF COUNTY COMMISSIONERS FOR ITS RESPEC- TIV INTERESTS (LESSOR) Y/�tZL✓ IL 17 /�� 7/ c , < ATTEST : .. COUNTY CLERK AND RECORDED AND CLERK TO THE T/ BOAR (BY: (tv'L.A ,u.G 6(.1 Ly'4� (1- LL-i`f,t-"� /Deputy County Clerk APPROVED AS TO FORM: 44:teeAge-?: Special Legal Counsel HAROLD W. LAW (LESSEE) -2- EXHIBIT A In Township 5 North, Range 65 West of the 6th P. M. : Weld County, Colorado Section 1 : S?Sh All that part of the NEQ of the NQ of the SEQ lying south of Colorado Highway #263 except parcel containing 8 . 6 acres more or less described in deed recorded in Book 1513 , page 141, Weld County Records . However, it is specifically understood and agreed that the part thereof lying North and West of the Ogilvy Ditch, which comprises approximately 16 acres, together with the improvements thereon, and more particularly described as follows , is excluded from this agreement. Beginning at the North Quarter Corner (NQ Cor. ) of said Section 1, and considering the North-South centerline of Section 1, as bearing South 00° 33 ' 14" West, with all other bearings contained herein being relative thereto; thence South 00° 33 ' 14" West, along the North-South centerline of said Section 1, 3175. 57 feet to a point on the Southerly R-O-W line of Colorado State Highway No. 263 , said point being the True Point of Beginning; thence North 78 ° 10 ' 11" East, along the Southerly R-O-W line of said Colorado State Highway No. 263 , 1413 . 92 feet to a point on the approximate Northwesterly R-O-W line of the Ogilvy Ditch as the same is now constructed; thence along the approximate Northwesterly R-O-W line of said Ogilvy Ditch by the following courses and distances : South 16° 52 ' 20" East, 144 . 00 feet; South 21° 42 ' 45" East, 210. 97 feet; South 09° 28 ' 09" West, 84 . 09 feet; South 50° 06 ' 41" West, 103 . 06 feet; South 77° 33 ' 22" West, 135 . 50 feet; South 79° 23 ' 31" West, 402 . 37 feet; South 77° 44 ' 05" West, 188 . 75 feet; South 34° 47 ' 38" West, 382 . 62 feet; South 63° 47 ' 35" West, 127 . 25 feet; North 82° 05 ' 07" West, 63. 15 feet; North 43° 15 ' 05" West, 152 . 37 feet; North 60° 38 ' 55" West, 214 . 30 feet; North 76° 02 ' 33" West, 67 . 72 feet; North 02° 58 ' 31" West, 394 . 35 feet to the Southerly R-O-W line of Colorado State Highway No. 263 , thence North 78° 10 ' 11" East 92 . 30 feet to the True Point of Beginning where the North-South centerline of said Section 1 intersects the Southerly R-O-W line of Colorado State Highway No. 263 . Section 2 : All that part of the E= of the SEQ lying south of State Highway #263 as presently construed, being more particu- larly described as follows : Beginning at the southeast corner of said Section 2 , and considering the East line of the SEQ of said Section 2 as bearing North 01° 05 ' 46" East, with all other bearings contained herein relative thereto; thence North 01° 05 ' 46" East, along the East line of the SEQ of said Section 2 , 1429. 39 feet to a point on the South right of way line of Colorado State Highway #263; thence South 60° 39 ' 19" West, along said South right of way line, 1535. 88 feet; thence South 01° 02' 52" West, 672 . 04 feet to the south line of the SEQ of said Section 2; thence South 89° 48 ' 16" East, along the south line of the SEQ of said Section 2 , 1323 . 77 feet to the southeast corner of said Section 2 , said point being the point of beginning, said described parcel of land contains 31. 936 acres, more or less. Section 11 : That part of the NE4 of the NW4 lying and being South of the Cache la Poudre River; the Sz of the NW4 , the NE4, the West 20 rods of the N4 of the SE4, 17 . 83 acres in the NW4 of the SEa as described in deed recorded in Book 241, page 233 , Weld County Records. That part of the NE4 of the NW4 lying north of the Cache la Poudre River and East of Sand Creek. EXCEPTING AND RESERVING unto the Estate of Robert S . Davis, deceased, approximately 6 . 5 acres located near the South line of the NE4 of said Section 11 together with the improvements thereon. (This exception to be described by metes and bounds from a survey to be paid by Seller. ) Section 12 : The N1 of the NW4 , the SEa of the NW4, the SW4 of the NW4, the NE4 excepting therefrom that parcel of land described as beginning at the southwest corner of the NE4 of said Section 12 , thence East along the South line thereof to the Southeast corner of said quarter section, thence North along the East line of said Section 1000 feet thence southwesterly to the point of beginning. Also excepting a right of way and a parcel of land in the NE4 of the NE4 of said Section 12 lying East of the Platte River as conveyed by deed recorded in Book 985 , page 317 , Weld County Records. Together with 17 shares of the capital stock of the Delta Irrigation Company and 3 shares of the capital stock of the Ogilvy Irrigating and Land Company. Also together with all other water, water rights and rights to the use of water for irrigation and domestic purposes owned by Lessor and used on said lands above described and all rights of way and easements for ditches, pipelines or other conduits for the purpose of delivery of irrigation and domestic water to said lands , including domestic and irrigation wells and pumping plants, if any. Said lands comprises 800 acres , more or less . -2- LAND FOR LEASE: Weld County is desirous of obtaining sealed bids for leasing the former Davis Ranch, East of Greeley, Colorado. Approximately 220 acres is farmable with the balance, which is approximately 550 acres, grassland. Weld County would be most receptive to receiving a cash rent bid on the total operation, however, bids will be considered for a split operation, possibly a share crop arrangement and a bid on the grassland area. Sealed bids must be submitted by Friday, February 20, 1976 at 10:00 a.m. to Barton Buss, Director of Management and Budget, P. 0. Box 758, Greeley, Colorado 80631 . If additional information is needed before submitting bid, please contact Mr. Buss at 1516 Hospital Road, Greeley, Colorado or Telephone No. 353-2212, Extension 238. The Board of Weld County Commissioners reserves the right to reject any or all bids, to waive any informalities in bids, and to accept the bid, that in the opinion of the Board, is to the best interests of the Board and of the County of Weld, State of Colorado. WELD COUNTY, COLORADO Barton Buss Director of Management and Budget Greeley Journal January 30, 1976 Greeley Tribune January 30, February 2, & February 4, 1976 Hello