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HomeMy WebLinkAbout20073496.tiff RESOLUTION RE: APPROVE AGREEMENT FOR THE SALE AND PURCHASE OF COLORADO BIG THOMPSON WATER AND AUTHORIZE CHAIR TO SIGN - TRAVIS BELL WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with an Agreement for the Sale and Purchase of Colorado Big Thompson Water between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Finance and Administration,and Travis Bell, commencing upon full execution,with further terms and conditions being as stated in said agreement, and WHEREAS, after review, the Board deems it advisable to approve said agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado,that the Agreement for the Sale and Purchase of Colorado Big Thompson Water between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Finance and Administration, and Travis Bell be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said agreement. The above and foregoing Resolution was,on motion duly made and seconded, adopted by the following vote on the 14th day of November, A.D., 2007. -?' BOARD OF COUNTY COMMISSIONERS ? COUNTY, COLORADO ATTEST: rD is6s f ` ,i- id E. Long, Chair Weld County Clerk to the Bo d in BY: ," illiam H. Jer p-TemT!oi& De y Cie Nd to the Boyd (77/1/ William F. Garcia APP D AS T • EXCUSED Robert D. Masden unty Attorney �., /U7 Douglas R demacher Date of signature: °I 2007-3496 �� Fz B i o ) FI0045 * '1/ AGREEMENT FOR SALE AND PURCHASE OF COLORADO BIG THOMPSON WATER THIS AGREEMENT, made and entered into this /`' day of November, 2007, by and between Travis C. Bell, whose mailing address, for the purpose of this Agreement is 1791 County Road 36, Berthoud, CO 80513 hereinafter referred to as the "Seller", and Board of County Commissioners for Weld County, whose mailing address, for the purpose of this Agreement is 915 10th Street, P.O. Box 758, Greeley, CO 80632, hereinafter referred to as the " Purchaser." WITNESSETH: For and in consideration of the promise of the Purchaser to purchase and of the Seller to sell the water shares described in paragraph 1, and other good and valuable consideration, the receipt and adequacy of which are hereby confessed and acknowledged, the parties agree to be legally bound whereby the Seller agrees to sell and the Purchaser agrees to purchase the water units described in paragraph 1, on the terms and conditions hereinafter set forth. 1. Units to be Transferred: The water units to be transferred to the Purchaser by the Seller shall be Sixteen (16) units of the Northern Colorado Water Conservancy District, herein after referred to as "Water Units." The Water Units shall be transferred to the Purchaser by the Seller free and clear of all liens and encumbrances. 2. The Purchase Price: The purchase price of the Water Units shall be Nine Thousand Seven Hundred Fifty Dollars ($9,750) per unit for a total purchase price of One Hundred Fifty-Six Thousand Dollars ($156,000) payable by the Purchaser as follows: A deposit in the amount of Five Thousand Dollars ($5,000) shall be paid to MEM ;, P_ the Security Title of Greeley, hereinafter referred to as "Closing Agent", on = behalf of the Seller at the execution of this Agreement. The remaining cam _"°e balance of One Hundred Fifty-One Thousand Dollars ($151,000) for Sixteen d (16) Water Units shall be payable via wire transfer to the Closing Agent, on behalf of the Seller on or before December 5, 2007. All funds will be held in '0 trust until closing. -3� -N > 133 3. Closing: Closing of this transaction shall be within five (5) MINIM"1:N business days following the Closing Agent's receipt of written confirmation of transfer o from the Northern Colorado Water Conservancy District. Closing shall be held at hoc Security Title of Greeley (Fox Run), Greeley, Colorado, or at such other reasonable =coo —moo T o cc �N- -r C N o Page 1 of 3 _-OJr ;loo?-3yle • • time, date or location the Parties mutually agree upon. Purchaser shall be responsible for any closing costs. 4. Transfer Fee and Annual Assessment: The Purchaser shall pay transfer fees of $70.00 charged by the Northern Colorado Water Conservancy District to transfer the Water Units. 5. Proof of Ownership: Seller to provide Purchaser with an Ownership Report on the property from which the water is to be transferred at Seller's expense. 6. Class D Allotment Contract: A Class D Allotment Contract shall be signed by the necessary parties as required under the ownership report. Seller will deliver the contract to Northern Colorado Water Conservancy District on or before December 4, 2007. Seller will provide Purchaser with a copy of the signed Class D Allotment Contract. 7. Transfer Documents: Purchaser and Seller shall sign and/or provide all documents required or requested by the Northern Colorado Water Conservancy District to facilitate the transfer of Water Units. Purchaser will provide the district with the required documents from the municipality to which the water is to be transferred before December 4, 2007. 8. Attorney's Fees and Costs: In the event either of the respective parties hereto shall default in any of their covenants of obligation herein equitable action against the defaulting party, expressly agrees to pay all reasonable expenses of said litigation, including, but not limited to, a reasonable sum for Attorney's Fees. 9. Default: In the event of non-performance by Purchaser, Purchaser shall forfeit Five Thousand Dollars ($5,000) to Seller upon the termination of this mm. d Agreement. ac 10. Governing Law: It is expressly understood and agreed by and —oats between the parties hereto that this Agreement shall be governed by and its terms construed under the laws of the State of Colorado. o v E E 11. Headings: Paragraph headings used herein are for convenience of _ reference and shall in no way define, limit, or prescribe the scope of intent of any —�° provisions under this Agreement.mim cal 12. Binding Effect: This Agreement shall be binding upon and insure arm r— �No to the benefit of the parties hereto and their respective heirs, administrators, =ma, successors and assigns. o on= cc Src� o Page 2 of 3 -f7 N 13. Notice of Acceptance: This agreement shall expire unless accepted in writing by Purchaser, as evidenced by the signature below, and the offering party receives notice before 10:00 am, November 15, 2007. 14. Commissions: Seller shall be responsible for a commission equal to Three Hundred Dollars ($300) per unit for a total commission of Four Thousand Eight Hundred Dollars ($4,800)to be paid at closing. IN WITNESS WHEREOF, the Parties hereto have executed this Agreement the day and year first above written. APPROVED AND ACCEPTED: PURCHASER SELLER B oriti4ep of C mmissisners for Weld Co my Travis C. B II c[C NOV 1 4 2007 ice BY: David E. Long, hair Date Date 915 10th Street, P.O. ox 758 1791 County Road 36 Greeley, CO 80632 Berthoud, CO 80513 111111111111111111 1111111111111 111111 111111111111 1111 3524717 12/19/2007 02:42P Weld County, CO 3 of 3 R 0.00 D 0.00 Steve Moreno Clerk& Recorder Page 3 of 3 ,9e) .3515 • Water and Sewer Department 1100 10th Street,3m Floor.Greeley,CO 80631 ■(970)350-9810 City of Greeley November 30, 2007 Ms. Marilyn L Conley, Head Allotment Contracts Department Northern Colorado Water Conservancy District 220 Water Avenue Berthoud, CO 80513 Dear Marilyn: The letter accompanies an application to the Northern Colorado Water Conservancy District for the transfer of 16 units of C-BT water to the City of Greeley. This water will be used to meet the . raw water requirement for the Weld County Alternatives Building that is being constructed at 1390 N. 17th Avenue, located in Lot 1 of the Weld County Business Park Amended Tract B Minor Subdivision. The City of Greeley is not buying these C-BT units from the developer. The City requires 12 acre feet of water (16 units of C-BT) for the new 3-inch water tap being requested for Weld County Government's new building. Please call me at 970-350-9810 if you have any questions. Sincerely, Doris Biehl Water& Sewer Services Coordinator Attachments SERVING OUR COMMUNITY • I T ' S A TRADITION be promise/0 preserve and iaxprooe/Le yuali y aMCfor 9reeley l/irouylhithe y, courteous and cos!e/f eclioe service. tire 7'8 95 November 2003 NORTHERN COLORADO WATER CONSERVANCY DISTRICT TEMPORARY USE PERMIT WHEREAS, the City of Greeley , hereinafter referred to as"Permittee," has by Resolution adopted on February 18 , 1992 authorized the undersigned to apply for the temporary use of 16 acre-feet of water which were originally contracted to certain other allottees and were subsequently removed therefrom by appropriate action of the Board of Directors of Northern Colorado Water Conservancy District; and WHEREAS,the Board of Directors of said District is empowered to allocate,reallocate,transfer, sell, lease or otherwise dispose of the use of water by term contracts; NOW,THEREFORE,in consideration of the mutual covenants herein contained,it is hereby mutually agreed by and between the parties as follows: (1) The District hereby approves the use by the Permittee of such portion of the above amount of water as may be declared by the Board of Directors of said District to be available for delivery. (21)&t0idtCCOMMIRDI x sraidsrxxxxxxxxxxxxxzactetflgex melt x ottex9tl{t6} SLiiC s[6 iixbRc01.Sxxxxxxx�{XXxxx (3) Permittee agrees that this contract shall terminate on March 1, 2008 , (4)At any time during the term of this contract, the Permittee may elect to apply to the Board of Directors for the perpetual use of the water covered herein by the execution of a permanent contract as provided under Class B or Section 131 contract of the Water Conservancy Act. If a Class B or Section 131 contract is approved by the Board of Directors of the District and the transfer of water allotment is ordered thereon,the execution of such Class B or Section 131 contract by the District shall automatically terminate the Temporary Use Contract. (5)In the event that no application is made by the Permittee for a Class B or Section 131 contract as provided in Art. (4)hereof or, if either of these applications are made and are denied by the Board of Directors of Northern Colorado Water Conservancy District,no further right or interest in the water covered by this Permit shall attach to said Permittee. (6)Permittee agrees to be bound by the Provisions of the Water Conservancy Act of Colorado,the rules and regulations,and policies of the Board of Directors of said District and the Repayment Contract between said District and the United States. (7)Permittee agrees that,without approval of the Board of Directors of the District,no permanent assignment may be made of the use of any of the water herein contracted. City ,of Greeley By ATTEST: Water & Sewer Director f I utility C1 rk (SEAL) ORDER ON APPLICATION Application having been made by or on behalf of all parties interested in the water allotment and after a Hearing by the Board, it is hereby ORDERED that the above application be granted and an allotment contract for 16 acre-feet of water is hereby made to the City of Greeley ,a Colorado municipal corporation for the beneficial uses set forth in said application upon the terms, conditions, and manner of payment as therein specified. NORTHERN COLORADO WATER CONSERVANCY DISTRICT By President I hereby certify that the above Order was entered by the Directors of Northern Colorado Water Conservancy District on the day of ,A.D., ATTEST: Secretary City of Greeley Great.From the Ground Up. Certificate of Authenticity STATE OF COLORADO ) COUNTY OF WELD ) SS. CITY OF GREELEY ) I, Betsy D. Holder, City Clerk of the City of Greeley do hereby certify that the attached is a true and correct copy of Resolution No. 4, 1992, as passed and adopted by the City Council of the City of Greeley on the 18th day of February, 1992. IN WITNESS WHEREOF I have hereunto set my hand and the seal of the City of Greeley this 3oth day of November, 2007. � . ) Betsy I olde , City Clerk CITY SEAL City of Greeley,Colorado • City Clerk's Office • 1000 10th Street • Greeley,CO 80631 • 970-350-9742 THE CITY OF GREELEY, COLORADO RESOLUTION NO. 4 , 1992 A RESOLUTION AUTHORIZING AND DIRECTING THE WATER AND SEWER DIRECTOR AND THE CITY CLERK TO MAKE APPLICATION TO THE NORTHERN COLORADO WATER CONSERVANCY DISTRICT FOR TEMPORARY USE PERMITS AND RENEWALS THEREOF FOR WATER ALLOTMENTS ORIGINALLY CONTRACTED TO CERTAIN OTHER ALLOTTEES-FOR THE USE AND BENEFIT OF THE CITY OF GREELEY WHEREAS, the City of Greeley acquires water allotments in the Northern Colorado Water Conservancy District; and WHEREAS, according to the rules and regulations of the District, it is necessary for the City to apply for temporary use permits for water allotments pending the final transfer of title and ownership in the name of the City of Greeley; and WHEREAS, the City Council hereby authorizes the Water and Sewer Director and the City Clerk to take appropriate measures relating to the transfer and issuance of temporary use permits, as required by the rules of the Northern Colorado Water Conservancy District. 'NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GREELEY, COLORADO: 1 . That the Water and Sewer Director and the City Clerk are hereby authorized and directed to make application to the Northern Colorado Water Conservancy District for the issuance of temporary use permits in the name of the City of Greeley. 2. That the Water and Sewer Director and the City Clerk are hereby authorized and directed to make application for the reissuance of temporary use permits upon expiration thereof in order to have the same permits reissued for periods of one year thereafter. 3. That the Water and Sewer Director and the City Clerk are hereby authorized and directed to apply for reissuance of temporary use permits on an annual basis until such time as the City applies for a permanent transfer of its water allotment contracts. SIGNED THIS 18th DAY OF February , 1992. ATTEST: THE CITY OF GREELEY, COLORADO ! f By W City ler) Mayor AFFIDAVIT REGARDING BASE WATER SUPPLY State of Colorado ss. County of We l d With respect to the application of City of Cram ny to change or modify an existing Colorado-Big Thompson (C-BT) Project water allotment contract, or for a new C-BT water allotment contract, the following statements are true and correct [check box next to each statement]: Statements I through 4 apply only if the water being transferred is to be used for irrigation purposes. O 1. The C-BT water is intended to be used for irrigation purposes and the lands on which the C-BT water will be used have an existing base water supply that is owned or permanently controlled by the applicant. O 2. The C-BT water is intended to be used for irrigation purposes and the lands on which the C-BT water will be used have a history of irrigation with a base water supply. ❑ 3. The C-BT water is intended to be used for irrigation purposes on lands that have historically been irrigated with a base water supply and none of the base water supply associated with those lands, that was not rented or leased, has been sold or permanently transferred for use outside the boundaries of the Northern Colorado Water Conservancy District (District) after February 14, 1997. ❑ 4. The C-BT water is intended to be used for irrigation purposes on lands that have historically been irrigated with a base water supply and not more than 50% of the base water supply that was owned or permanently controlled and beneficially used on those lands has been sold or permanently transferred for use on other lands or for other purposes after February 14, 1997. Statements 5 and 6 apply only if the water being transferred is to be used for purposes other than irrigation. ® 5. The C-BT water is intended to be used for non-irrigation purposes and none of the historic base water supply of the applicant, that was not rented or leased, has been sold or permanently transferred for use outside the boundaries of the District after February 14, 1997. 6. The C-BT water is intended to be used for non-irrigation purposes and not more than 50% of the base water supply that was owned or permanently controlled and beneficially used by the applicant has been sold or permanently transferred for other purposes after February 14, 1997. For purposes of the above statements, base water supply is defined as any permanent water supply other than water supplies yielded from the C-BT Project. [Sign- re] [Signature] [Signature] [Signature] [Signature] NOTE: Signatures must be acknowledged in space provided on the back of this form. LAND-ALL\C0NLEY\F0RMS\AFFIDAVF.FRM Subscribed and sworn to before me by C de, cire„.„ , on —/ (—D�'— .3D , �OO'7 My commission expires: 9-n_- c3 / Jo/ I . (Seal) No Public Subscribed and sworn to before me by on My commission expires: (Seal) Notary Public Subscribed and sworn to before me by on My commission expires: (Seal) Notary Public Subscribed and sworn to before me by on My commission expires: (Seal) Notary Public Subscribed and sworn to before me by on My commission expires: (Seal) Notary Public [AND-ALL\C0NLEY\F0RMS\AFFIDAVr.FRM -WaterColorado.com December 20, 2007 Don Wardin Board of Commissioners for Weld County 915 10th Street, P.O. Box 758 Greeley, CO 80632 Dear Don: Enclosed are copies of the transfer paperwork submitted to the Northern Colorado Water Conservancy District in association with the purchase of 16 units of Colorado- Big Thompson water. Also enclosed are copies of the closing documents. We sincerely appreciate your business. Should you have any questions, please don't hesitate to contact me. Sincere than , ns Water Colorado LLC 3384 East Mulberry • Ft. Collins, CO 80524 • (970) 493.0216 • www.watercolorado.com NORTHERN COLORADO WATER CONSERVANCY DISTRICT JANUARY,1993 APPLICATION FOR CHANGE OF CLASS D ALLOTMENT CONTRACT ARTICLE 1-FQR RELEASE OF EXISTING CONTRACT Section 1:The records of Weld _._-.. . County Clued aced snr.:w at Brisk.___ ... .Page _..._......4. or Film Reception* «_ .._.__.. .the description of lands to which a Orstnct allotment of50 __ acre-feet of water was ordered by the Board of Directors of Northern Colorado Water Conservancy District Said lands are nescnbed in Section 2 of tins Article Section 2:FIRST DESCRIBED LANDS Sce . Twp. Re.. _ ..___ ._.i4�.er_ta...E�4.h. .�..it.._'.'_An alt. .�.h�.d_hv�[.gts?-:_�___ ...3.I_.. Section 3:Tne undersic•,erg{.wertersof Ilreerhdni ' 'he abiiYit'First Descnrert 15105 hurtrty r,,n in applying to:the rerease of me alititnsent and accrirnlwnying tar two Wilt said 'First Desc nZsis, . de and the dis{ws+uon therer3)res .ated in Articles it and;or III of the;Application SIGNATURES OF A CORD OWNERS OF FIRST DESCRiBEO I Alil:TV t.. S natty ,..- `- f� adore . _� afIc ✓NPt�t µ,QM Rt). i Cvrre..t�A,S to ._. gc5 ($i,nt turee must tie actna'Nfedeed in space e: idest on Wee or trial forint NOTE:The signatures of any iienholders wilt be required)only it mat itenlu:lde(has given not.ce to the Distta:t that alien is held against the land and water or water only in accordance with the DitUicts poky dated Set'temhrr 14.19% ARTICLE Ii•FOFLALLOTMFJT OF WATER TO LANDS Section 1:The undersigned owners of the hereinbelow'SetConn Described bands"hereby loin W.tills ai plii:.ihun for the purpose Or assytrung the benefits el tree allot- ment contract and attaChin the accompanying tits lien to the"Second Dos.^.rtied Lands"in the amount and to the extent shown in Section 2 of this Article. Section 2:SECOND DESCRIED LANDS tlnckufe re•deernp.MJn of'First Described Lane,',1 a portion or vie ei:err,^eft i5 to rid reaslrtreit 11,arero etti: ii der,k.St:,44 chi of dry other tend to which water it In be tien,femit!I Carrier Acre Names of Owners Desch Land Description Sec. Twp. fige. Feet IsAvis_liell. Highland Ditch Refer to Exhibit "A'" attached _.._,._. _....-......_..___,._.. hereto. -- --__ .__ Z _ t$k�-- 26 Section 3:Applicants agree that the toiiowing semis and,•induions soar avrily,n.iris waist anntmwru C.ri.etrdc:t*MCA tes.dt$iroin en Order of the Fielded based open this appla;ati'A (1 t Applicants shall pay for the amount of water contracted and alk)tted hereunder by the Beard of Directors of Northern Colorado Water Conservancy District at a rate to be fixed annually by said Board for each acre-toot so contracted. (2)The allotment contract shalt be for beneficial use of water as a supplemental irngat.ctn supply ri tiro the r;ewinamove"Second Describc-d Lands.'and ttie annual charges tnerelor shad be a tax lien upon said sands.However,the use of the water shad not be limited setely to the described lands. (3)An acre-foot at water as referred to Herein is defined as tieing one•three hundrrid.U3n-thal.iltrictttl t I 310,000)of the quantity of water annually de:tiired by the Board of Directors of the District to be available for delivery horn the water supplies of the District. The water delivery obligation of the District shalt terminate al any delivery point Irrirtt which water is released from me works Of the District. Further,on Ndoenber I of each Year.arty water undelivered from the annual quantity made available to the Applicant shall revert to the water supplies of the Distnct. (41 Appticwits.soCCeS3„Q(s.and.essgtn--eniW.be bound by the Water Conservancy Act of Colctado: by the Rules and Regulate:tie of the Board of Directors of the Dtstnct;and byl$e repayment contract of.►tidy 3;1 hveen said District and the United Stales and ail amendinertts thereof and supplements thereto. (S)Appli • , si.cceesors and assigns expressly agree t 8 rights c4 the Board under the Water Conservancy Act and enforcement of the terms of said rape ent contract snail not be limited in any manner by article 2()ui the Colorado Constitution SIGNATURES OF ALL RECORD WNERS OF SECOND DESCRIBED LANDS _ - tl�hatures `� �... ddresses (Signatures must he ackrov.kids ed at space provided on back et this torm'i ARTICLE III •- FOR IDENTIFYING THE MUNICIPALITIES,DISTRICTS,CORPORATIONS,ENTITIES OR PERjQNa_WiTH WHOM OTHER TYPES OF CONTRACTS ARE TO DEj ApE FOR ALL OR PART OF THE ALLQTMENT_DEacHIDEO IN ARTICLE I. Section 1:Names of entities or persons intending to eppiy ter a cer,t,act coveting ally portion or the oil:an-. '• . •...-7... ...,f!r,h th t5 not a-sigma to lands in Article It Acre Names Addresses Feet City of Greeley 1100 10th--St.__Greeley, C __ 080631. 116 .City VIDBCQfP_.__ _ ____ ___—._. PO Box 18fi---Dacono1.CO 80514 ..._..i.._$— ORDER ON APPLICATION Alt parties interested in the District allotment descbed in Article I hereof having martyr application ter the release and reallocation or trantfet of 50 acre-feet of water and ter the appropriate alteration of the existing tax lien:and,after a Hearing by the Board of Directors.it is hereby Ofoered Mal: (1)The allotment of _ _— .r2Q._—_ acre-feet is hereby removed trrun the lands described in Article I hereof,and the accompanying tax lien is hereby released from said lands. (2)Disposition of the 50 . acre-feel involved in this application shall be as tc:gowe. a. An allotment contract for beneficial use of _—.....__2 __,_.. acre-feet is hereby made and a tax lien therefor shall heieatter attach to lands desribed to Alicia II in the amount.to the extent.and under the terns set forth in said Article b. As an integral part of this Order, the President and Secretary of the District are hereby atittion:tit and directed to execute the apprapriete atatmailf contracts with the entities or persons named in Article III for tree beneficial use of •-,.•--_-„_,24. acre-feel of water. NORTHERN COLORADO WATER CONSERVANCY DISTRICT By ---------------- �� President I hereby certify that the above Order was entered by the Directors of Northern Colorado Water Conservancy District on the _ day of — — _ --— A. D -— ATTEST- Secretary STATE OF COLORADO `���/ 1 ss County of The foregoing instrument was acknowledged before me this J�1h day of _ s2vet l (^ _ , :3-00 t h„ r ' vc . s, tVpttlry Pubic State ot Cdorado _ ' — • Notary Public STATE OF COLORADO )cs County of t ) The foregoing instrument was acknowledged before me this day of 4CQ.k`1c —_, A.U. -•1 " by (2)a- - U�p� cot f- • • (411: O1( �J()►If 21 M • ess my hand:rat 'eat My rnmmissiu ire 5: MY C0MMISSi',:!ts r xPIRES �k Nc ary Public halt.1a ,!(.t1 STATE OF COLORADO t ss County of The foregoing instrument was acknowledged before me this day of A.U . by Witness my hand and Seal My commission expires: Notary Public ----- --- STATE OF COLORADO ss County of The foregoing instrument was acknowledged before me this day of --, A.U. by Witness my hand and Seal. My commission expires: �_—_....—.......___ Notary Public ---.___..._._... Exhibit "A" Land 1)escription SE'V4; Esc. 6 Yz ac. res.: Exc. AV of Flume Lat. Ditch: Esc. I R ac. S. cC F. of Mead Lat. 5 >N 65\V AFFIDAVIT REGARDING BASE WATER SUPPLY State of Colorado ss. County of Weld With respect to the application of Travie iIAN ! to change or modify an existing Colorado-131g Thomp n (C-BT� r allotm it contract, or for a new C-BT water allotment conic t, the fo .o s 'ents are'true and correct )cheek box next to each statement): Statements 1 through 4 apply only (f the water being transferred is to be used for irrigation purposes. 1. The C-BT water is intended to be used for irrigation purposes and the lands on which the C-BT water will be used have an existing base water supply that is owned or permanently controlled by the applicant. 2. The C-BT water is intended to be used for irrigation purposes and the lands on which the C-BT water will be used have a history of irrigation with a base water supply. y( 3. The C-BT water is intended to be used for irrigation purposes on lands that have historically been irrigated with a base water supply and none of the base water supply associated with those lands, that was not rented or leased, has been sold or permanently transferred for use outside the boundaries of the Northern Colorado Water Conservancy District (District) after February 14, 1997. 4. The C-BT water is intended to be used for irrigation purposes on lands that have historically been irrigated with a base water supply and not more than 50% of the base water supply that was owned or permanently controlled and beneficially used on those lands has been sold or permanently transferred for use on other lands or for other purposes after February 14, 1997. Statements 5 and 6 apply only if the water being transferred is to be used for purposes other than irrigation. ❑ 5. The C-BT water is intended to be used for non-irrigation purposes and none of the historic base water supply of the applicant, that was not rented or leased, has been sold or permanently transferred for use outside the boundaries of the District after February 14, 1997. ❑ 6. The C-BT water is intended to be used for non-irrigation purposes and not more than 50% of the base water supply that was owned or permanently controlled and beneficially used by the applicant has been sold or permanently,transferred for other purposes after February 14, 1997. vstatements, ba water supply is defined as any perman For purposes of the above PAY water supply other than water supplies yielded fr the C-BT Project. -[Signati ire) (Signature) [Sujuarurel (Signature) !Signature' NOTE: Signatures must be acknowledged in space provided on the back of this form. ND•AL.\CONLEY\FORMS\AFFIDAVT FILM Subscribed and sworn to before me by —Fa! NI.Ollenri 2UC.. 261 . .20oe Wary Pubic State of C.010FOCIO (Seal) + Not Public Subscribed and sworn to before me by on I)/Iy commission expires: (Seal) Notary Public Subscribed and sworn to before me by on My commission expires: (Seal) Notary Public Subscribed and sworn to before rue by on _ My cotrtmnisslotr expires: (Seal) Notary Public • Subscribed and sworn to before me by on • My commission expires: (Seal) Notary Public SECURITY - October 1991 From: .,- TITLE ,. I OWNERSHIP REPORT FOR NORTHERN COLORADO WATER CONSERVANCY DISTRICT To be attached to all Applications for Change of Class "D" Allotment Contracts, It must be executed by a practicing attorney, bonded abstract company, or a bonded title company. The purpose of this Ownership Report is to determine all owners having an interest of record in said property and whether all or any portion of the tract of land to which the original allotment was made has been conveyed or divided in ownership. It is imperative, therefore, that the status of the title to ALL of the land described in Article I. Section 2 of the Application be shown in Paragraph 2 below. If the land has been divided in ownership, attach a separate sheet, if necessary, to reflect the descriptions and ownership of each respective parcel. Date: November 20, 2007 I. LAND DESCRIBED IN ARTICLE I OF "APPLICATION FOR CHANGE OF CLASS D WATER ALLOTMENT CONTRACT. " (1) Description of land to which allotment is presently attached is as set forth in Article I, Section 2, of the attached application and is located in Section(s) 5 , Township 3 North, Range 68 West of the 6th P.M. (Complete redescription not required herein) (2) As of the above date, record title to ALL of the land described in Article I, Paragraph (1) above is vested in the following: Travis Bell II . LAND DESCRIBED IN ARTICLE II OF "APPLICATION FOR CHANGE OF CLASS D WATER ALLOTMENT CONTRACT. " (Omit this Section II if no water is to be attached to lands on the accompanying application. ) (1) Description of property to which allotment is to be reallocated or transferred as shown in Article II, Section 2, of the application is hereby certified as correct. (If not correct, attach correct description on separate sheet. ) (2) As of the above date, record title to the land, or tracts of land, described in Article II, Paragraph (1) above is vested in the following: (Identify separate tracts) Travis Bell III. CERTIFICATE The undersigned (an Attorney licensed to practice law in the State of Colorado, a bonded abstract company, or a bonded title company) hereby represents that the foregoing statements are true and accurate to the best of (his) (its) knowledge and belief, and hereby acknowledges full and complete understanding that this opinion is an integral part of an application for transfer or reallocation of the herein-described allotment, and that the Northern Colorado Water Conservancy District will be acting in reliance thereon in the granting or denying of said Application. SIGNED this 3 day of December , 2007 . ���" Attorney-at-Law SECURITY ' Tall- - % F,,.. Abstract Company (SEAL) (if Abstract Company or Title Company) By Security Title Guaranty Co. Title Company ` �1 `Vi , By { '' � t '-- " Laura L. MOya a r Northern Colorado Water Conservancy District N_C-_N-C D 220 Water Avenue• Berthoud,CO 80513 • 970532-7700 • fax 970-532-0942 RECEIVED DEC 1 9 December 18, 2007 Ms. Jory Kate Hawkins Water Colorado LLC 3384 East Mulberry Fort Collins, CO 80524 Dear Jory: On December 14, 2007, the Board of Directors of the Northern Colorado Water Conservancy District approved the transfer of 24 acre-foot units of Colorado-Big Thompson Project water from lands owned by Travis Bell as follows: 16 acre-foot units to City of Greeley 8 acre-foot units to City of Dacono However,this approval has been given SUBJECT to receipt of Northern Water's Public Records check. If you have any questions, please feel free to give me a call at 970-622-2216. �Sin/c�erely, lld Marilyn L. Conley Allotment Contracts Manager nk 123886 SECURITY TITLE GUARANTY CO. 1711 61st Avenue,Suite 100,Greeley,CO 80634 (970)356-3200Fax: (970)356-4912 BUYERS/BORROWERS CLOSING STATEMENT FINAL Buyer/Borrower: Board of County Commissioners for Weld County Escrow No: S0251083-340 CWD Close Date: 12/18/2007 Proration Date: 12/18/2007 Property: 16 Units NCWCD Weld,CO 16 Units NCWCD Debit Credit .. '' Description TOTAL CONSIDERATION: $156,000.00 Total Consideration S,000.0q Deposit/Earnest Money ESCROW CHARGES 125.00 Closing Fee to Security Title Guaranty Co. 156,125.00 5,000.OC Sub Totals 151,125.00 Balance Due FromBuyerBorrower $156,125.00 $156,125.0C Totals III APPROVED AND ACCEPTED Sales or use taxes on personal property not included. SECURITY TITLE GUARANTY CO.assumes no responsibility for the adjustment of special taxes or assessments unless they are shown on the Treasurer's Certificate of Taxes Due. The condition of title to the property is to be determined by reference ti the title evidence provided by Seller or by personal investigation. The above statement of settlement is approved as of the settlement date shown above ar Escrow Holder is hereby authorized to disburse as Trustee funds as indicated. BoatFFgf County5.9 issioners for Weld County David E.Long,Chair d, Broker/Agent r Closing Agent 0, AAA bstlf 2/9/05 Security Title uaranty o. SECURITY TITLE GUARANTY CO. 1711 61st Avenue,Suite 100,Greeley,CO 80634 (970)356-3200Fax: (970)356-4912 BUYERS/BORROWERS CLOSING STATEMENT FINAL Buyer/Borrower: Board of County Commissioners for Weld County Escrow No: 50251083-340 CWD Close Date: 12/18/2007 Proration Date: 12/18/2007 Property: 16 Units NCWCD Weld,CO 16 Units NCWCD +- Description. .. Debit Credit TOTAL CONSIDERATION: Total Consideration $156,000.00 Deposit/Eamest Money 5,000.00 ESCROW CHARGES Closing Fee to Security Title Guaranty Co. 125.00 Sub Totals 156,125.00 5,000.00 Balance Due From Buyer/Borrower 151,125.00 'totals $156,125.00 $156,125.00 APPROVED AND ACCEPTED Sales or use taxes on personal property not included. SECURITY TITLE GUARANTY CO.assumes no responsibility for the adjustment of special taxes or assessments unless they are shown on the Treasurer's Certificate of Taxes Due. The condition of title to the property is to be determined by reference to the title evidence provided by Seller or by personal investigation. The above statement of settlement is approved as of the se e - date shown above ant. Escrow Holder is hereby authorized to disburse as Trustee funds as indicated. Board of County Commissioners for Weld County David E.Long, Chair Broker/Agent Closing Agentbstlf 2/9/05 sec ity Title Guaranty Co. The printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission(CL8-10-06)(Mandatory 1-07) THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING. CLOSING INSTRUCTIONS AND EARNEST MONEY RECEIPT Date:December 18,2007 I. PARTIES,PROPERTY. Travis C.Bell,Seller,and Board of County Commissioners for Weld County,Buyer,engage Security Title Guaranty Co., Closing Company,who agrees to provide closing and settlement services in connection with the Closing of the following described real estate in the County of Weld,Colorado,: 16 Units NCWCD known a No: 16 Units NCWCD,Weld,CO 2. INFORMATION,PREPARATION. Closing Company is authorized to obtain any information necessary for the Closing. Closing Company agrees to prepare,deliver,and record those documents(excluding legal documents)that are necessary to catty out the teens and conditions of the Contract to Buy and Sell Real Estate,dated November 11,2007,including any counterproposals and amendments(Contract). 3. CLOSING FEE. Closing Company will receive a fee not to exceed$125 for providing these closing and settlement services. 4. GOOD FUNDS. Closing Company is authorized to receive funds and to disburse when all funds received are either:(a)available for immediate withdrawal as a matter of right from the financial institution in which the funds have been deposited or(b)are available for immediate withdrawal as a consequence of an agreement of a financial institution in which the funds are to he deposited or a financial institution upon which the funds are to be drawn(Good Funds). 5. RELEASE,DISBURSEMENT. Closing Company is not authorized to release any signed documents,or things of value prior to receipt and disbursement of Good Funds,except as provided in sections 10 and II. 6. DISBURSER. Closing Company shall disburse all funds,including real estate commissions,except those funds as may be separately disclosed in writing to Buyer and Seller by Closing Company or Buyer's lender on or before Closing. All parties agree that no one other than the disburser can assure that payoff of loans and other disbursements will actually be made. 7. SELLER'S NET PROCEEDS. Seller will receive the net proceeds of Closing as indicated: CI Cashier's Check,at Seller's Expense O Funds Electronically transferred(wire transfer)to an account specified by Seller,at Seller's expense CI Closing Company's trust account check. 8. FURNISH INFORMATION AND DOCUMENTS. Buyer and Seller will furnish any additional information and documents required by Closing Company that will be necessary to complete this transaction. 9. CLOSING STATEMENT. Closing Company will prepare and deliver an accurate,complete and detailed closing statement to Buyer and Seller at time of Closing. 10. FAILURE OF CLOSING. If closing or disbursement does not occur on or before Closing Date set forth in the Contract,Closing Company,except as provided herein,is authorized and agrees to return all documents,monies,and things of value to the depositing party,upon which Closing Company will be relieved from any further duty,responsibility or liability in connection with these Closing Instructions. In addition,any promissory note,deed of trust or other evidence of indebtedness signed by Buyer,shall be voided by Closing Company,with the originals returned to Buyer and a copy to Buyer's lender. II. EARNEST MONEY DISPUTE. Except as otherwise provided herein, Closing Company shall release the Earnest Money as direct by written mutual instructions signed by both Buyer and Seller. In the event of any controversy regarding the Earnest Money and things of value held by Closing Company(notwithstanding any termination of the Contract),Closing Company shall not be required to take any action. Closing Company,at its option and sole discretion, may(a)await any proceeding,(b) interplead all parties and deposit Earnest Money and other money or things of value into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fee,or (c)deliver written notice to Buyer and Seller that unless Closing Company receives a copy of the Summons and Complaint or Claim(between Buyer and Seller),containing the case number of the lawsuit (Lawsuit)within 120 calendar days of Closing Company's written notice is delivered to the parties,Closing Company shall be authorized to return the Earnest Money to Buyer. In the event Closing Company does receive a copy of the Lawsuit,and has not interpled the monies at the time of any Order,Closing Company shall disburse the Earnest Money pursuant to the Order of the Court. 12. SUBSEQUENT AMENDMENTS. Any amendments to,or termination of,these Closing Instructions must be in writing and signed by Buyer,Seller and Closing Company. 13. WITHHOLDING. The Internal Revenue Service and the Colorado Department of Revenue may require Closing Company to withhold a substantial portion of the proceeds of this sale when Seller either(a)is a foreign person or(b)will not be a Colorado resident after closing. Seller should inquire of Seller's tax advisor to determine if withholding applies or if an exemption exists. 14. ADDITIONAL PROVISIONS (The following additional provisions have not been approved by the Colorado Real Estate Commission.) 15. COUNTERPARTS. This document may be executed by Buyer,Seller and Closing Company,separately,and when each party has executed a copy,such copies taken together shall be deemed to be a full and complete contract between the parties. 16. BROKER'S COPIES. Closing Company shall provide,to each broker in this transaction,copies of all signed documents that such brokers are required to maintain pursuant to the rules of the Colorado Real Estate Commission. 17. COMMON INTEREST COMMUNITY DOCUMENTS.Seller's obligation to provide the CIC Documents is set forth in the Contract. Seller authorizes the Association,if any,to provide the CIC Documents to Buyer. Seller's obligation to furnish the CIC Documents shall be fulfilled upon Buyer's receipt of the CIC Documents. 18. NOTICE,DELIVERY AND CHOICE OF LAW. a. Physical Delivery. Except as provided in§ 18b below,all notices must be in writing. Any notice to Buyer shall be effective when received by Buyer or Selling Brokerage Finn,any notice to Seller shall be effective when received by Seller or Listing Brokerage Finn,and any notice to Closing Company shall be effective when received by Closing Company. b. Electronic Delivery. As an alternative to physical delivery,any signed documents and written notice may be delivered in electronic fonn by the following indicated methods only: ®Facsimile ®E-mail ElNo Electronic Delivery. Documents with original signatures shall be provided upon request of any party. c. Choice of Law. This contract and all disputes arising hereunder shall be governed by and construed in accordance with the laws of the State of Colorado that would be applicable to Colorado residents who sign a contract in this state for property located in Colorado. December 18,2007 December 18,2007 SELLER: BUYER: BoarZount Commissioners for Weld County c Travis C.Bell David E.Long, hair Closing Company:Security Title Guaranty Co. December 18,2007 By: Carrie Walker CLSINSO6 File No.S0251083 CL8-10-06 CLOSING INSTRUCTIONS AND EARNEST MONEY RECEIPT The printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission(CL8-10-06)(Mandatory 1-07) THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND TIIE PARTIES SHOULD CONSULT LEGAL AND TAX OR OTIIER COUNSEL BEFORE SIGNING. CLOSING INSTRUCTIONS AND EARNEST MONEY RECEIPT Date:December 18,2007 I. PARTIES,PROPERTY. Travis C.Bell,Seller,and Board of County Commissioners for Weld County,Buyer,engage Security Title Guaranty Co., Closing Company,who agrees to provide closing and settlement services in connection with the Closing of the following described real estate in the County of Weld,Colorado,: 16 Units NCWCI) known allo: 16 Units NCWCD,Weld,CO 2. INFORNIA'I'ION,PREPARATION. Closing Company is authorized to obtain any information necessary for the Closing. Closing Company agrees to prepare,deliver,and record those documents(excluding legal documents)that are necessary to carry out d'e terms and conditions of the Contract to Buy and Sell Real Estate,dated November 11,2007,including any counterproposals and an:cudments(Contract). 3. CLOSING FEE. Closing Company will receive a fee not to exceed$125 for providing these closing and settlement services. 4. GOOD FUNDS. Closing Company is authorized to receive funds and to disburse when all funds received are either:(a)available for immediate withdrawal as a matter of right from the financial institution in which the funds have been deposited or(b)are available for immediate withdrawal as a consequence of an agreement of a financial institution in which the funds are to be deposited or a financial institution upon which the funds are to be drawn(Good Funds). 5. RELEASE,DISBURSEMENT. Closing Company is not authorized to release any signed documents,or things of value prior to receipt and disbursement of Good Funds,except as provided in sections 10 and I I. 6. DISBURSER. Closing Company shall disburse all funds,including real estate commissions,except those funds as may be separately disclosed in writing to Buyer and Seller by Closing Company or Buyer's lender on or before Closing. All parties agree that no one other than the disburser can assure that payoff of loans and other disbursements will actually be made. 7. SELLER'S NET PROCEEDS. Seller will receive the net proceeds of Closing as indicated: O Cashier's Check,at Seller's Expense I-1 Funds Electronically transferred(wire transfer)to an account specified by Seller,at Seller's expense O Closing Company's trust account check. 8. FURNISH INFORMATION AND DOCUMENTS. Buyer and Seller will furnish any additional information and documents required by Closing Company that will be necessary to complete this transaction. 9. CLOSING STATEMENT. Closing Company will prepare and deliver an accurate,complete and detailed closing statement to Buyer and Seller at time of Closing. 10. FAILURE OF CLOSING. If closing or disbursement does not occur on or before Closing Date set forth in the Contract,Closing Company,except as provided herein,is authorized and agrees to return all documents,monies,and things of value to the depositing party,upon which Closing Company will be relieved from any further duty,responsibility or liability in connection with these Closing Instructions. In addition,any promissory note,deed of trust or other evidence of indebtedness signed by Buyer,shall be voided by Closing Company,with the originals returned to Buyer and a copy to Buyer's lender. II. EARNEST MONEY DISPUTE. Except as otherwise provided herein, Closing Company shall release the Earnest Money as direct by written mutual instructions signed by both Buyer and Seller. In the event of any controversy regarding the Earnest Money and things of value held by Closing Company(notwithstanding any termination of the Contract),Closing Company shall not be required to take any action. Closing Company,at its option and sole discretion, may (a) await any proceeding, (b) interplead all parties and deposit Earnest Money and other money or things of value into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fee,or (c)deliver written notice to Buyer and Seller that unless Closing Company receives a copy of the Summons and Complaint or Claim(between Buyer and Seller),containing the case number of the lawsuit (Lawsuit)within 120 calendar days of Closing Company's written notice is delivered to the parties,Closing Company shall be authorized to return the Earnest Money to Buyer. In the event Closing Company does receive a copy of the Lawsuit,and has not interpled the monies at the time of any Order,Closing Company shall disburse the Earnest Money pursuant to the Order of the Court. 12. SUBSEQUENT AMENDMENTS. Any amendments to,or termination of,these Closing Instructions must be in writing and signed by Buyer,Seller and Closing Company. 13. WITHHOLDING. The Internal Revenue Service and the Colorado Department of Revenue may require Closing Company to withhold a substantial portion of the proceeds of this sale when Seller either(a)is a foreign person or(b)will not be a Colorado iesident after closing. Seller should inquire of Seller's tax advisor to determine if withholding applies or if an exemption exists. 14. ADDITIONAL PROVISIONS (The following additional provisions have not been approved by the Colorado Real Estate Commission.) 15. COUNTERPARTS. This document may be executed by Buyer,Seller and Closing Company,separately,and when each party has executed a copy,such copies taken together shall be deemed to be a full and complete contract between the parties. 16. BROKER'S COPIES. Closing Company shall provide,to each broker in this transaction,copies of all signed documents that such brokers are required to maintain pursuant to the rules of the Colorado Real Estate Commission. 17. COMMON INTEREST COMMUNITY DOCUMENTS.Seller's obligation to provide the CIC Documents is set forth in the Contract. Seller authorizes the Association,if any,to provide the CIC Documents to Buyer. Seller's obligation to furnish the CIC Documents shall be fulfilled upon Buyer's receipt of the CIC Documents. 18. NOTICE,DELIVERY AND CIIOICE OF LAW. a. Physical Delivery. Except as provided in§ I8b below,all notices must be in writing. Any notice to Buyer shall be effective when received by Buyer of Selling Brokerage Firm,any notice to Seller shall be effective when received by Seller or Listing Brokerage Firm,and any notice to Closing Company shall be effective when received by Closing Company. b. Electronic Delivery. As an alternative to physical delivery, any signed documents and written notice may be delivered in electronic form by the following indicated methods only: ®Facsimile ®E-mail ONo Electronic Delivery. Documents with original signatures shall be provided upon request of an) party. c. Choice of Law. This contract and all disputes arising hereunder shall be governed by and construed in accordance with the laws of the State of Coloradc that would be applicable to Colorado residents who sign a contract in this state for property located in Colorado. • December 18,2007 December 18,2007 SELLER: r� BUYER: / Board of County Commissioners for Weld County !Travis C.Bell David E.Long,Chair Closing Company:Security Title Guaranty Co. December 18,2007 BY Carrie Walker CLSINSO6 File No.50251083 CL8-10-06 CLOSING INSTRUCTIONS AND EARNEST MONEY RECEIPT (TO BE COMPLETED ONLY BY BROKER AND CLOSING COMPANY) Water Colorado LLC (Broker)engages Closing Company as Broker's scrivener to complete, for a fee not to exceed $ 5_00 at the sole expense of Broker,the following legal documents: ® Deed Bill of Sale ❑ Colorado Real Estate Commission Approved Promissory Note and ❑ Colorado Real Estate Commission Approved Deed of Trust. Closing Company agrees to prepare, on behalf of Broker, the indicated legal documents pursuant to the terms and conditions of the Contract. The documents stated above shall be subject to Broker's review and approval and Broker acknowledges that Broker is responsible for the accuracy of the above documents. Listing Brokerage Firm's Name: Water Colorado LLC Date: December 18,2007 By: Broker Jory Kate Hawkins Closing Company: Security Title Guaranty Co. Date December 18,2007 By: Carrie Walker Title EARNEST MONEY RECEIPT Closing Company acknowledges receipt,on the date set forth below, of the Earnest Money in the amount of$ in the form of Closing Company: Security Title Guaranty Co. Date December 18,2007 By: Carrie Walker Title CLSINSO6 File No.50251083 CL8-I0-06 CLOSING INSTRUCTIONS AND EARNEST MONEY RECEIPT Hello