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HomeMy WebLinkAbout850994.tiff RESOLUTION RE: APPROVAL OF AMENDMENT TO RECORDED EXEMPTION NO. 506 - HIGH COUNTRY TURF AND JAMES WESTERVELT 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, on June 17 , 1981 , approved Recorded Exemption No. 506 for High Country Turf concerning property described as part of the SEa, Section 26 , Township 2 North, Range 68 West of the 6th P.M. , Weld County, Colorado, and WHEREAS , High Country Turf and James Westervelt are now requesting that Recorded Exemption No. 506 be amended, and WHEREAS , the Board has studied said request to amend Recorded Exemption No. 506 and deems it advisable to approve same. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the amendment to Recorded Exemption No. 506 , requested by High Country Turf and James Westervelt be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that this approval is conditional upon the following: 1) The applicant shall submit a revised mylar plat to the Department of Planning Services to be recorded in the office of the Weld County Clerk and Recorder. The plat shall be drawn in accordance with the requirements of Section 9-2C. (4) of the Weld County Subdivision Regulations. The plat shall be submitted within sixty days from the date of approval by the Board of County Commissioners; 2) The applicant shall comply with Section 27 of the Weld County Zoning Ordinance should any residential development be proposed within the Geologic Hazard area; and 3) The applicant shall comply with Section 26 of the Weld County Zoning Ordinance should any residential development be proposed within the 100-year flood plain. 850994 Page 2 RE: AMEND RE #506 - HIGH COUNTRY TURF AND JAMES WESTERVELT The above and foregoing Resolution was , on motion duly made and seconded, adopted by the following vote on the 24th day of April, A.D. , 1985 . .} BOARD OF COUNTY COMMISSIONERS ATTEST: QGt[ rimse, WELD COUNTY, COLORADO Weld County Clerk and Recorder and Clerk to the Board cqu ine J son, Chairman EXCUSED Or{t7vc-c_oJ Gene R. Brantner, Pro-Tem D puty County Cl k APPROVED AS TO FORM: C. . K ' r / . La8. 7)14 T County Attor e IfL�lsJ ,l� zL Fr.nk Ya.::guc ,. 850994 DEPARTMENT OF PLANNING SERVICES (itt11PHONE(303)356-4000 EXT.4400 V 915 10th STREET GREELEY,COLORADO 80631 WIIDe. COLORADO April 24, 1985 Board of County Commissioners Weld County Centennial Center 915 Tenth Street Greeley, Colorado 80631 RE: Amended RE-506 The attached application, plat and related items are in reference to a request from James Westervelt and High Country Turf for an amended recorded exemption. The parcel of land on which this request is being made is described as part of the SE' of Section 26, T2N, R68W of the 6th P.M. , Weld County, Colorado. This request is being done with Subdivision Exemption 234. Approval of this amended recorded exemption would allow Mr. Westervelt one residential building permit on his 62.2 acre parcel. Based upon the submitted information and policies of the County, the Department of Planning Services staff recommends the request be approved for the following reasons: 1. The impact on agricultural surrounding land-uses does not appear to be significantly different than the original request approved on June 17, 1981. 2. The request complies with Section 9-2 E. of the Subdivision Regulations. 850994 Board of County Commissioners March 24, 1985 Page 2 The Department of Planning Services staff recommendation for approval is conditional upon the following: 1. The applicant shall submit a revised mylar plat to the Department of Planning Services to be recorded in the office of the Weld County Clerk and Recorder. The plat shall be drawn in accordance with the requirements of Section 9-2 C. (4) of the Weld County Subdivision Regulations. The plat shall be submitted within sixty (60) days from the date of approval by the Board of County Commissioners. 2. The applicant shall comply with Section 27 of the Weld County Zoning Ordinance should any residential development be proposed within the Geologic Hazard area. 3. The applicant shall comply with Section 26 of the Weld County Zoning Ordinance should any residential development be proposed within the 100 year flood plain. Respectfully, (( tC ((ie41- 1r 1V"*.Cg . Michael S. Mullen Current Planner MSM:js 850994 FIELD CHECK FILING NUMBER: SE-234 & Amend RE-5O6 DATE OF INSPECTION: April 19, 1985 NAME: James Westervelt and High Country Turf REQUEST: Subdivision Exemption and Amended Recorded Exemption LEGAL DESCRIPTION: Pt. S1 of Section 26, T2N, R68W of the 6th P.M. , Weld County, Colorado. LOCATION: One mile west of Frederick; west of Weld County Road 11 and north of Weld County Road 16. LAND USE: N Cropland, farm residence, tank battery and heater-treater-separator. E Weld County Road 11, Sullivan Ditch, 3 residences, 1 mobile home, Frederick-Firestone Airport. S Weld County Road 16, gas processing plant, irrigated cropland, old farm residence. W I-25 Frontage Road, I-25. ZONING: N Agricultural E Agricultural S Agricultural W Agricultural COMMENTS: The subject site is irrigated cropland. Several oil wells, tank batteries, and heater—treater—separators are located on the subject site. The High Country Turf property slopes to the northeast, has access to the I-25 Frontage Road, and contains two residences and a mobile home. The Westervelt property slopes to the west, has access to Weld County Road 11 and has a single-family residence situated on Lot A of RE-506. By: <<11.J,. ` . -� Michael S. Mullen Current Planner 850994 jgash— Ja.C.,.-.— L. r, \, ‘...... 1 :. _ Al TO us s< , 30" °04 R. 68 W (G0 1.V., s��000m E m X31 _ (o III 1 I • \- \ d 24 �',I 21(� 22 �Ftirestone ���� _La fie ; I� � J o r" i o v9 81 Y_ 8 i 49 • lCpp CCIi U 0� e --• I\L y D /2� in 4948 n-vu�� M - X19 I ./ 4,H \ , , 0 .- , 23,_ 27 26 5000 25 .40 Aikespohie, � f6000 I I 9 Ili • 43'9 0.914 •. - _ • — 4916 _ o wow ,,�I 6 z r� �) i 36 �� eau Mille 36 ......-\____.....,.._,TI 33 34 �,, �l , M Ie onrn1 // 1 5 CS000 / � __ 4,-�- L— �� •••-•—.1s— Y 4— "—y P F 4982 - I+F9]9. -157 7- i.op 4 I ,'"ii Puritan --. _ SoDp 1 • 4I 1 Etculactr V Ile Mine• ci t 2 �-�� yi o , , �V ..._. , __,_, . j. L.7. / 85994 / • 4920 ----1/ k CI\ I ,I IJ I y. 195° III� �� II III III, = i / , I � a � tai � 4 Fir 11 �•`/ 9 �� ‘\ID. 4iihr.„, �� �� DAV to ;,I� Aso_ I E V�N J( N E , L4 t____35 ti c , ,____„_ _. ip ( Ot Nij' lk w• '��;1 it 40. , ., (� per_ I�att� i;� �if "� �j I so y9 kik I, )I'' Irf te,,‘.. itz r '' i f L ✓AR k r6 - .�, - - - Tk: pp ROCS /) ; 1 ) 0f11..-�0 411 is :•eri -111 "likii N Sr 391 4 ) i 1 35 U U -,...._ _war . ik , I ._, ,, . -‘-- ocK T6 asia m -- -4,...._. ft.." fraiiiii*I% Ng - reuarPri s 0 *0_2_ yi tit BIUL.E• ipoir I° 9w�. �f ni as ,01441 _ 2 R*, / f , f aJ< dI ,, , REFERRAL LIST APPLICANT: Westervelt and High Country Turf CASE NUMBER: Amended RE-506 SENT REFERRALS OUT: March 29, 1985 TO BE RECEIVED BY: April 17, 1985 NO SR NR NO SR NR County Attorney Weld County Health Dept. Engineering Department County Extension Agent Office of Emergency Mngmt State Engineer Division of Water Resources 1313 Sherman St. , Room 818 Denver, CO 80203 State Highway Department 1420 2nd Street Greeley, CO 80631 Colorado Department of Health Water Quality Control Division 4210 East 11th Avenue Denver, CO 80220 X Tri Area Planning Commission P.O. Box 363 Frederick, CO 80530 NO=No Objection SR=Specific Recommendations NR=No Response 850994 TRI-AREA PLANNING COMMISSION P.O. BOX 363 FREDERICK, COLORADO 80530 April 10 , 1985 Mr. James R. Mayerl Current Planner Department of Planning Services 915 10th Street Greeley, CO 80631 Dear Mr. Mayerl : Received the two applications from James Westervelt and High Country Turf. One for an Amended Recorded Exemption and the other for a Subdivision Exemption for the parcel of land described as SE1/4 of Section 26 , T2N, R68W of the 6th P.M. , Weld County, Colorado. The location of the parcel of land for which these applications have been submitted is one mile west of Frederick; north of Weld County Road 16 and west of Weld County Road 11 . Due to lack of a quorum at our scheduled regular meeting on April 2 , 1985 , we could not vote on the two applications from James Westervelt and High Country Turf, but they were discussed and the following is our unofficial recommendation: Two points were brought up during our discussion. 1 . ) It appears to be a civil litigation issue and we do not work in this capacity. 2. ) There is question as to the stated amounts of acreage on these applications which seems to be confusing. There are too many unknowns and we will need further clarifica- tion in order to be able to give our official recommendation. Should you have any questions , please don ' t hesitate to call . Sincerely, Iva J . Renner Chair Tri-Area Planning Commission IJR: rm 850994 APPLICATION FOR RECORDED EXEMPTION PHONE: 356-4000, Ext. 4400 Department of Planning Services, 915 10th Street, Greeley, Colorado 80631 FOR PLANNING DEPARTMENT USE ONLY: � APPL. FEE '�C 7Cs° CASE NO. , 4 � RECORDING FEE ZONING DISTRICT A RECEIPT NO. 4406O DATE APPL. CHECKED BY f49m TO BE COMPLETED BY APPLICANT: (Print or type only except for required signatures) I (we) , the undersigned hereby request that the following described property be designated a recorded exemption by the Weld County Board of County Commissioners. LEGAL DESCRIPTION: RE 506 located in the South East corner of the South East 1/2 of section 26 T.2N, R.68W TOTAL ACREAGE: 78.845 Has this property been divided from or had divided from it any other property since August 30, 1972? Yes x No Is this parcel of land under consideration the total contiguous land owned by the applicant? Yes No x FEE OWNERS OF PROPERTY: Name: James T. Westervelt Jr. Address: 9536 I-25 Access Rd. East, Longmont, Co.80501 Phone: 772-4350 Name: High Country Turf Address: 7178 I-25 Frontage Rd. , Erie, Colo. 80516 Phone: 772-8171 Name: Address: Phone: WATER SOURCE: Larger Parcel CWWD Smaller Parcel C Wiciiar TYPE OF SEWER: Larger Parcel septic Smaller Parcel septic PROPOSED USE: Larger Parcel agriculture Smaller Parcel agriculture ACREAGE: Larger Parcel 62.2 ac. Smaller Parcel 16.645 ac. EXISTING DWELLINGS: (Yes or No) No (Yes or No) No I hereby depose and state under the penalties of perjury that all statements, proposals, and/or plans submitted with or contained within this application are true and correct to the best of my knowledge. COUNTY OF WELD STATE OF COLORADO ) See Attachment Signature: Owner or Authorized Agent Subscribed and sworn to before me this 3, .,J day of f..w.cs/ , 19Ss . by John W. Butcher, a partner of High Country Turf, a partner- (SEAL) ship and by James T. Westervelt, Jr. /� icx ,�J7ecPCoi Notary Public My Commission dxpires: 1‘7:141 28 1985 850994 Feld Ca. naught Coai February 25, 1985 APPLICATION FOR AMENDMENT TO RE 506 BY J.T. WESTERVELT & HIGH COUNTRY TURF 4. Purpose and reason for requesting amendment to RE 506. The purpose for the application is to correct an oversight on my part when I purchased 143 acres from High Country Turf in 1981. Prior to my purchasing the 143 acres RE 506 was issued to High Country Turf. I purchased a major portion of RE 506; however approximately 16 acres of RE 506 extends across my property boundary to the west and is therefore owned by High Country Turf thus rendering my portion of RE 506 (approx. 62.2 acres) uneligible for a domestic building permit. I therefore request that I and High Country Turf be permitted to amend RE 506 and obtain a subdivision exemption thus enabling me to acquire a building permit on RE 506. 5. A preliminary discussion with the Weld County Planning Dept. leads me to believe that this request for an amendment to RE 506 is possible. 6. The present and eventual use of RE 506 will be reflective of agricul- ture zoning rules. 7. With the exception of the Tri-Town Airport all surrounding land is zoned agricultural . 8. To my knowledge keeping my property as zoned agricultural complies with both Weld County and the Tri-Town's comprehensive plans. 9. At the present time and in the immediate vicinity there are a number of residences with an acreage size of 1-20 acres, thus building a home on 62 acres should not conflict with present usage. 10. Central Weld Water Lines are presently on the road easements on the east side of RE 506. RE 506 consists of sandy soil thus no forseeable problems with a perk test or obtaining a septic permit. 11. To my knowledge RE 506 is not in a Flood Plain, has no Geologic hazards; is not in the Weld County Airport overlay district and does comply with section 50 of the Weld County zoning ordinance. 3 -v Date J.mes T. Westervelt, Jr. a Li- SS l y ( T��yy{{��� Date High Country Turf, a partners id p r t/, By: John W. Butcher, partner WHO Z-„35 4rDniu5F }Raad JTW:1ks:ss cr(p Lit Boer 850994 1 R•ECoIZDED )cMPTIo1J NO. I3i3- z4-q - R;so. 1 LoT 8 AME1JD0D A TRACT or I-AFJI7 LocATSO N THE SE I/4 OF' SEC. 24. -rowN5NIp 2. NORTH ) RAki6E 60 WE5T or THt: 6TH PM. t Wa-D COUNTY) CoLolzAbo. 644 GoR.5Ec. Z6 CND. 5.L.M. I5RASS GAP N$9.21'i3oe m Z90.1D v uoo 15'4o'e 183.43' mega 21'3o E _ 2441..04' tw9.34' t5 No2%Iz'ab"w LOT O; so' R.o.w. L Goo 3 169.01' boil XL c`•\ EAST 614JK OF Goo'NJ 3 HOLLOW PITG Neri9'ss E N t 259.15' Imo'-- 5g. 26 E 25'Act65S 4• L. T'P; REG. Ex.4 i313.2G•4-Rr6 t EASEMENT � 6a 259 Ac. AMENDED -� W N sp 3) 8 0 2 ZS' a•.� 1661.56' • -156.64 - 5x9'43'14"W -- 1404.13 3• 5E Cot.564 Z(e sF4c 2/e 1, �� FND05PIN FOP B.L.M. 5011TH LINE 5EG. 24. BRASS GAP co. ROAD rc.o.w. 2.174 AG. LoT 'A' I .O29 AG. 1.-0T 'PO too. 25(lAG. TOTAL (03.402 AG• iOIIIIIIIii,. R(oBW iM• A.• 1 22 13 24 TofiKESTouE. ' .-0.FP.* le 1)11-Ei I" =50o' c ,ei /'• ; BASIS op SEAR11J65 THE EAST LIFJE or 51;GTIold 21 _____________ 24„ zs T2N 2(. A5 6EIN& Noe l5140"E AND MoNUM0NTW AS SHOW. N PRO.Ecr • ' LOCATION " PATE PIzEPARED • MARCH 14) 1965 ) Jos No. I -4451 .— • FIJD. # 4 flN TOFRemw4. • RSG. 1-5. IJo. 13444 coLO• — co. e,. 1 M Le s 39 \ 36 vluu 1Ty MAp AN 850994 2.000, MARCH 141196s I of Z ..... 4.6 No. I-9K1 REcogbb 5x5Mf'1ic J wo. 1313`2.4,'4 -IZ.ESot LOT $ AMENDED LEGAL DESCRIPTION / A parcel of land located in the South half of Section 26, Township 2 North, Range 68 West of the 6th P.M. Weld County, Colorado, being more particularly described as follows: Beginning at the Southeast corner of said Section 26, whence the East quarter corner of said Section 26 bears North 00°15'40" East; thence along the South line of said Section 26 South 89°43' 14" West 1904.73 feet; thence along the East bank of the Godding,Hollow Ditch North, 22°59'27" West 1370,79. feet; thence North 89°27'30" East 2446.04 feet to a point on the East line of said Section 26 whence the East quarter corner of said Section 36 bears North 00°15'40" East 1436.13 feet; thence along said East line South 00°15'40" West 1275.75 feet to the Southeast corner of said Section 26 and the Point of Beginning, except Lot "A" , of recorded Exemption No. 1313-26-4-RE506, containing 62.433 acres more or less . SURVEYOR'S CERTIFICATE I hereby certify that this plat was prepared under my supervision and is correct to the best of my knowledge and belief. 'VA Of' 11 ►.ams„ ' a ona . 1 c PROPERTY OWNER'S APPROVAL Wi'' I, James T. Westervelt, Jr. being the sole owner in fee of the above described property do hereby subdivide the same as shown on the attached ,map. mes . es eve t, Jr. NOTARY The foregoing certification was acknowledged before me tits 3O day of Q, A , A.D., 1985 Witness my hand and seal . My Commission Expires: � aty Commission Expires Feb. 13. 1929 to EYmay. S set,`` o COMMISSIONER'S CERTIFICATE \\ The accompanying plat is accepted and approved for filing. % t.).,\:.,, %\,,' rman, 1 Board of County Commissioners ATTEST: i<f County Clerk % Ry �( , �.,,,<P.� / .t.,_tG. . 1 Dated 4i'lr„ t -I leftz• 850994 loP2 .100 No• I-145I CENTRAL WELD COUNTY WATER DISTRICT March 6, 1985 James T. Westervelt 9536 1-25 Access Road East Longmont, CO 80501 RE : Water Service Dear Mr. Westervelt: This letter is in response to your request for water service to serve the following described property : 71181 62131326000058 Acreage 136.96 25233 That pt. SE4 Section 26, Township 2 North, Range 68 West of the 6th P.M. , Weld County, Colorado. Lying East of the Godding Hollow Ditch. Exc. Beg NO°15' E 1092.39' from SE Cor of Sec. Thence N 0°15' E 183.36' S 89°27' W 278. 70' S 02°42' E 184.07' N 89°15' E 269. 15' to beg. (2 D 3.88R) Water service can be made available to the above described property provided all requirements of the District are satisfied , including easements where required for District facilities . Central Weld County Water District requires that contracts be consumated within one ( 1 ) year from the date of this letter , or this letter shall become null and void unless extended in writing by the District . Very truly yours , CETRAL WELD COUNTY WATER DISTRICT Lorene G . irsch Office Manager LGH/wmg 850994 2235 2nd Avenue • Greeley,Colorado 80631 • (303)352-1284 • Dale D.Olhausen,Secretary-Manager WELD COUNTY CERTIFICATE OF CONVEYANCES DEPARTMENT OF PLANNING SERVICES STATE OF COLORADO ) COUNTY OF WELD ) The TRANSAMERICA TITLE INSURANCE or ABSTRACT COMPANY hereby certifies that it has made a careful search of its records, and finds the following conveyances affecting the real estate described herein since August 30, 1972. LEGAL DESCRIPTION: That part of the SEa of Section 26, Township 2 North, Range 68 West of the 6th P.M. lying East of the GODDING HOLLOW DITCH. WELD COUNTY, COLORADO, EXCEPTING therefrom that part more particularly described as follows : BEGINNING at the Southeast corner of said Section 26 and considering the East line of said Section as bearing NOO °15 ' 40 "E with all other bearings contained herein relative thereto; thence NOO °15 ' 40"E, 1092 . 39 feet to the TRUE POINT OF BEGINNING; thence NOO °15 ' 40"E 183. 36 feet; thence S89 °27 ' 30 "W 278. 70 feet thence S02 °42 ' 56"E 184 . 07 feet; thence N89 °15 ' 57"E 269 . 15 feet to the TRUE POINT OF BEGINNING CONVEYANCES (if none appear, so state) : Reception No. 1693182 _ , Book 771 Reception No. 1751861 , Book 830 Reception No. 1847905 , Book 926 Reception No. 1847906 , Book 926 Reception No. 1862571 Book 940 re-recorded Reception No. 1875538 , Book 954 see attached copies Reception No. , Book Reception No. — , Book This Certificate is made for the use and benefit of the Department of Planning Services of Weld County, Colorado. This Certificate is not to be construed as an Abstract of Title nor an opinion of Title, nor a guarantee Title, and the liability of TRANSAMERICA TITLE INSURANCE COMPANY is hereby limited to the fee paid for this Certificate. In Witness Whereof, TRANSAMERICA TITLE INSURANCE COMPANY has caused this certificate to he signed by its proper officer this 25th day of February , A.D. , 19 85. at 7 : 45 A.M. o'clock. TRANSAMERICA TITLE INSURANCE COMPANY COMPANY By: AUTH RIZ SIGNATURE 850994 c, IOOK Reeonle at.D;5_.__._.delak.L. M. ___. JUL. 8 ) o ,.�,.y Nl _ Q N / •1 A,erydw Ne. �1.(yq. �.._ L liy.ice- gassrdw. 0' rl '. MEREDITH O. JOHNSON, an unmarried woman, A whose addreasls 35 Dorian Court, Longmont, Slap Documentary Fee CN i. County of Boulder . ,8ta4 ef n I Al • • ca l Colorado for the consideration of .-1 i THREE HUNDRED FORTY THOUSAND AND N0/100 (8360,000.00) c• dollars,in hand paid,hereby sell(s) and convey(s) to • ,o `"l ' HARLAN GLANTZ and VERNA M. GLANTZ, • • III whose address is Route 1, Erie . County of 't G O .o ' Weld ,and State of Colorado the following real property In the I o County of Weld ,and State of Colorado,to wit: • a I O The South Half (Sir) of Section 26, Township 2 North, Range 68 Wet b F of the 6th P.N.; r m m l TOGETHER WITH all ditch and water rights appertaining to said I premises, including 9 shares of the preferred capital stock of The Consolidated Lower Boulder Reservoir and Ditch Company, 2 shares of the common stock of The Consolidated Lover Boulder Reservoir and Ditch Company, and the existing irrigation well; i I BUT RESERVING unto the grantor all of her right, title and interest in and to all oil, gas and mineral rights underlying said ) I premises for a period of 10 years from the date hereof; provided, how- I ever, that the grantees shall be reasonably compensated for any surface damage caused by the extraction and removal of maid mineral rights ' during said 10-year period; a with all its appurtenances,and warrant(s) the title to the same,subject to easements and rights of way of record; mineral reservations and oil and gas leases of record; and 1976 property taxes which, by reason of adjustment, the grantees assume. ;1 Signed this 2nd day of July 187 6 ,O ,f Meredith 0th 0. J�. atsnmarr1.18)..XQBMIu__.—_.__—____.. • STATE OF COLORADO, \) ea �if County of Boulder . ,, jj 2 L)."0 The foregoing instrument was acknowledged before me this 2nd 7 day of July ,1976 ,b4 Meredith 0. Johnson, an unmarried woman. My conunWion expires July 14th, 1979. Witness my hand and ofllcW seal. yy� t,•.tf c% rffS/Y sew,.,........•, i wre e+a. • t'NTARYO As": TA\., 8L1 . q Na t)At•., at0�...�ww Pin-a..r..,r.0 o..mm Ikea mr G.r r._ntar�w�aw Send future tax statements to: Harlan area Verna !1 use , 850994 Route 1, • Erie, Colorado 80516. `, 830 o 6 w APR 28 1978 r� R^oorded at "� o'clock NI. H Reception No. _ 1'7S1A61.. MARY ANN FEUERSTEW Recorder. �� t-i fG ' HARLAN CLANf2 and vfRNA M. GLANTZ ' as tenaq ,,,� ���on State Documentary Fee 0. whose address is x""^25 e, Colorado 8o i6 v 71,8 Z-25 Date APR a 8 1979 P COW-icy us W-'-d ,State of 7_.x'5!40 Colorado , co I SIX HUNDRED FORTY THOt[C..AND the consideration ($640,000.00)TM I • to I dollars, in hand paid, hereby sell(s) and convey(s) to er— ei I n_JLJ CATTLE CO. • 1 • i whose legal address is 7490 Club House Road, Boulder County of as , • •l Boulder . and State of Colorado o. the following real property in the .a o I County of Weld , and State of Colorado, to wit: o 0 The South Half (s 1/2) of Section 26, Townshin 2 North, Range FR West R? 1 of the 6th P.M.; •coIR ! TOG}n'Hkti WITH all ditch and water rights appertaining to said N N m premises, including ck 2z 9 shares of the preferred capital stock of The a ,,uon. lidnLed Lower Boulder Reservoir and :,itch Company, 2 snares of the an common stock of The ConsolidatedLover Boulder Reservoir and Ditch Company, and the existing irrigation well; case No. W-6249 I y 1 L " iS M .I i al.�u known as street and number ' Pt. 1, Erie, Cnlerade 80516 with ail its appurtenances, and warrant(s) the title to the same, subject to easements and II rights of way of record; mineral reservations rind oil and gas leases of IIrecord; and 1976 property taxes, which t`c ...Iaz-teen agrees 'c pay, also ^irat Deed of .;us I. fur Lite use of iirmEi'r_'. duytryrN recorded truly t1, 1976 II in Book 771 as Roception No. 1693183. 1 1 Signed this 27th day of April /78 .�CEc • - �II/FLr *A, ^ _ray 2- . 4 �Qi f V13'!IA !I. Cr.A.fro STATE OF COLORADO. I Cuuttt of Boulder ' I The 1'•reg',ing '.n.. _.:tent was acknowledged before me this 27th day of April .19 78 .by Harlan Glantz and Verna M. Glantz as tenants in common nnyl fission expires ,E;y C:.;r..:.::. . • _ II P` sY‘, '1^e hand and official seat. i 4." A k .G`.-.1:(1 Attie" -./, /Vitt ' ; sr,..........co . 850994 1 .....1 TE OF 26 Re a ded.t lif f 9n.m.b AN 231981 _. —= /-, CD I Reception No. i5 __Ramrden J inrCt 1 I Reterderes Stamp li TIM DEED, Made this 23rd dry of January I I 1 II 1931,between TULL CATTLE CO., A Colorado Corporation 1 11 a corporation duly organised and ear ling under and by virtue of the laws • �I P• State Docua mpuy Fee Ii , c I of the State of Colorado of the 1•st Dart, rt,and Date ?A M 7 ___ I I e II HIGH COUNTRY TURF, a Colorado Partnership s vial.rfe) I ', whose kind ammo,is 7178 I-25 Frontage Road, Erie aII II of the County of Weld and State of I I • Colorado of the second part: co j s WITNESSEI'H,That the said party of the first part,for and in consideration of the sum of -__- j ' THREE XVNOAED, TWENTY THOUSAND AND NO/100— DOLLARS, I, e` to the said party of the first part in hand pall by the said party of the second part,the receipt whereof Is here. I' e o by confessed and acknowledged,bath granted,bargained,sold and conveyed,and by these presets doth grant,bar- ' C N I! gala,sell,convey and confirm unto the said party of the second part.its successors and assigns for- I ti f° ever,all of the following described lot• or parcels of land,situate,lying and being in the c ', County of Weld and State of Colorado.to wit: n I' The South Half (51/2) of Section 26, Township 2 North, Range 68 west of the 6th II 0 I ,, P.M.; r ml II TOGETHER WITH all ditch and water rights appertaining to said premises including I .•.r • 1. Two (2) Shares of the common stock of the Consolidated Lower Boulder Reservoir III e and Ditch Company, and the existing irrigation well (adjudication Case No. W6299)II ry • and 1 I 'I TOGETHER with all lease rights in and to Nine (9) Shares of the preferred capitali. I' stock of the Consolidated Lower Boulder Reservoir and Ditch Company under terms II nd o alit s•of an Agtee°ie t between Tull Cattle Co s City of �Lafayettte dated I'' Serif 1, 11uus and TPOGuTHER WITH all growzra3 crops and crops hetetazore harvostedI d Iknown asstreet an num er � tl ,) II TOGETHER with all and singular the hervditaments and nppurtersances thereunto belonging, or in anywise 1 I appertaining.and the reversion or reversion., remainders• rents• isauca and profits thereop and all the estate• ii right,title,Interest,claim and demand whatsoever of the said party of the first l:,a't,either in law or equity,of,to I Aii and to the above bargained premises with the herediaments and appurtenances i i, !I TO HAVE AND TO HOLD the said premises above bargained and described,with the appurtenances unto the I { / I I ^ said party of the second part its successors and rosin,.forever.And the said II party of the first part,for itself, II and it.successors•doth covenant.grant,bargain,and agree to and with the said party of the second part, its eueceasors and assigns,that at the time of the ensesling end delivery of these prnanta it I.well T seised of the premises above conveyed. of a good,sure,perfect,absolute and indefeasible estate of Inheritance,in - I i a law,la fee simple,and bath good right,full power and lawful authority to grant,bargain,sell and convey the Same I IIle manner and farm aforesaid,and that the same are free and clear from all former and other grants,bargains I I Wes,liens,taxes nul anments and ineumbrnnres of whatever kinder nature sorter; subject to easements andl ' rights-of-way of records mineral reservations and oil and gas leases of record; I, I I '980 and previous years' property taxes, which Grantor agrees to pay ' ll • and the above bargained premises in the quiet and peaceable possession of the said party of the second part its successors and assigns,against all and every person or persona lawfully claiming or to claim the whole or any iya -roof,the said party of the first part shall and will WARRANT AND FOREVER DEFEND. V '"3EREOF•The said party of the first part bath caused its corporate name to be hereunto ie .: •; •."'• ‘..t. President,and Iva corporate seal to be hereunto affixed,attested by its II-•-tl[7,: tar fiat above written. iT;. T 1 tattle a......t - ._._..._...._ secretary Eta nap..• :v's n, .Mien James H. Tull, •s..STATE OF COLORADO, --) . I .._._.._.__.—Copnty H_Boulder __1st The foregoing Instrument sou acknowledged before me Oils 23rd day of January , I it 81 it, ', .'es H.Tull a. President and g9�.•,:vpa, `layne J. Johnson as Secretary of I (• 0 k' '3• Tull Cattle Co. es Jul 1, 1981 arerpontlon. eI � TA ; y• V. •tr :' My notadd<omrnluion ndoffi Y 1 Oil.'' f• ` ; _ Witness my band and official seal.- moor now. I II r (�C�.� ip I _v�� cl'io........ OT'se= ._.�..-:l ci-.�Cl . ,2'rwG4/�'1/�___.__ 1 Ns eon. waeaawrr or ..�e..e.,-eton snares nw.a.ec._ea s,.w a,. ,ann,.oa.na.araaersHara , 850994 • • SC0( Rewarded at_.__ ,•d_, •• el....11 2 12C1 �,,/926 iCii7SII "- w/� .._....!/� • H+mpun No____ _ I� -� cite Gin :. Cciara?o I ' THIS DEED, Hat this 23rd Mir of January ,1281 t i between JOHN W. B[yff7iFl. 1 C. of the County of Weld and state of j • Cetorads,of the first pert,and HIG:. COUNTRY TURF, A Partnership, 7/ 79 1- - - � (tot �t c�. gas0, e of the County of Weld and star of Colorado,of the sewed part, W ITNESSETH,That the said party of the flirt part,for and in consideration of the rim of------- j o TEN AND NO/100 DOLLARS, to the said party of the frt part la hand paid by the said party of the second part,the receipt whereof N is hereby confessed and eelmowledged,has read-gal,reamed, sold, conveyed and QUIT CLAMED. and by 1 these presents does remise,release,sell,many and QUIT CLAIM onto the said party of the wand part, o its tat.successors and amigos,forever,all the right, tide, interest claim and demand which the said .� party of who first part has to sad to the following described lot or parcel of land aitoate, lying and Ming In the said County of Weld and State of Colorado,to wit: The South Half (51/2) of Section 16, Township 2 North, Range 68 West of the 6th Ve P.M.: ea Ti]Obant.R WITH all ditch and water rights appertaining to said premises including :-1 Two (2) Shares of the common stock of the Consolidated Lower Boulder Reservoir and Ditch Company, and the existing irrigation :ell (adjudication Case NO. W6249) 1 �4r 1 1 TO HAVE AND TO HOLD the same,together with all and singular the appurtenances and priAev then®to ..aging or In anywise tbsn e,appertaining and all the estate,right,Vex interest and claim whatsoever,of the said part y of the first part,either In law or equity,to the only proper use,benefit and behoof of the said part y of the second part, its heirs and sac!Tna forever. IN WITNESS WHEREOF,The said party of the first part has hereunto set his hand and seal on the day and year first above written. t,..1 I:).,._L_._LSAar [3SAL] Signed.Sealed and Defvend In the Presets:lief ;John W. Butcher [SEAL] __—__._._..—_____.___ iSUAL] STATE OF COLORADO, } LL County of BOULDER The foregoing Instrument was aelmewledged before me this 23rd day ef January It 81,bye JOHN W. BUTCHER. Hy commlseion eapiro Aug. 4 .1091 .Witness my hand end&M d.%net •n..,, /...„00 t, 1 ..• -.)jt.0 )err „„me,n,n^nJ, ati by natural pawn ee seine men woe a,-.or ears,.:V by pence anhtt G enrc!—••'-1 rr a" "1 Y' J es ea allwnee-:n-ract the In,,n as..or ➢-(erl or u:' z.,Y . '1: < .. •..: Wnll,M1 o,a Inert,a,- N, le:^.. rc�a. Y'•at: .uot or"' e...an M._ea C..... "ia+" •4��._�<f e.a.o� t-I C rs4 s,e...a..atuta r..rn Ne.211 quit cu:W ono.—s.Yr.M Mealy A MIAS Cunt Isn't,D.a, .0.lsaoe—,.-n 850994 re099 4 olor BOOK`9`54 RCCCPTION.l ` •, DA t d �t TIME.. 3 .��) AAAitY MAIN FEUE(.STEIN, Clerk and Rcco dcr, Vicid County, Co:orodoo. g°° JUL $ , Colorado 0 Recorded at o'clock M. Wald County aj' '° I�Y� ° Recorder. y 94 Reception No. .. _1%2471 ,,, HIGH COUNTRY TURF, a Partnership, Slate Documre d(IIY :ee wh-e addre'.i, 7178 1-25 Frontage Road, Erie, JJJJJLL 6198811 Dcte. County ----�- of Weld .State of Colorado . for the t1•nci derat ion of One Hundred Ninety Thousand and no/100 ($190,000.00) r d ,liar,. .n hand paid, hereby selllsl and c..n.eyt.i to .LAMES T. WESTERVELT, Jr. A who.e legal addres.ix Longmont, ' Weld . and State of Colorado, the following red, propert) in the County of Weld . and State of Colorado. to wit That part of the SEX of Section 26, Township 2 North, Range 68 West of the 6th P.M., lying East of the Godding Hollow Ditch together with one share of the common stock of the Lower Boulder Reservoir and Ditch Company, except therefrom Lot A of Recorded Exemption RE-506, said Lot A also being described as follows: BEGINNING at the Southeast corner of said Section 26 and considering the East line of said Section as bearing NOO°15'40"E with all other bearings contained herein relative thereto; thence NOO°15'40"E, 1092.39 feet to the True Point of Beginning; thence NOO°15'40"E, 183.36 feet; th. Ice 589°27'30"W, 278.70 feet; thence 502°42'56"E, 184.07 feet; thence N89°15'57"E, 269.15 feet to the True Point of Beginning; jioL tly with Grants But reserving to Grantor an easement to/design, construct, ddevelop, and operate a water storage reservoir in accordance with terms and conditions of Amended Application for Water Storage Right, Case No. 80 CW 348 and of Amended Application for Approval of Plan for Augmentation, Case No. 80 CW 349 and decrees resulting therefrom. Rimcomnomancstmencaomiamnic Taxes Cut 1981 to be paid by Grantee. No mineral rights are conveyed by this instrument. with al; its appurtenances, and warrantlsl the title to the same, subject to an existing Federal Land Bank Loan No. 0791171-7-0, rights of way, easements, mineral grants and reservations, and water covenants of racnrd and all Weld County Zoning • and Building provisions; said Land Bank loan not being assumed by Buyer but being payable as set forth in Attachment A attached hereto and hereby by reference made a part hereof. Signed this / / / day of cj L . ' -e— , 19k HIGH COUNTRY TURF John W. Butcher, Partner STATE.OF COLORADO. County of Boulder r Thr forego:my instrument was acknowledged Letore me this day of dupe-- .1981 .by JOHN W. BUTCHER, a Partner..terthe•„ Partnership doing business as HIGH COUNTRY TURF. = Jsrc '• ?ly commis+ion exptrtn August 13, 1983. � � �>•�� . Witne"my hand and official seal. (- l 2 ) This dncieent to be rerecorded to .� / .....a•. m,n,t. t't,n. Include the specific perforance cnntrget �•'.,, ti' ,.•+- _ dated May 12, 1981 and a 7 page adrf(ndum. '�� ttaar. *YMtr aM-AV.t Fe.- -Y.MM1,e P,bi.,,.ae l's ,'i..,Y..,..,,\.,n.•, (..JYn t.i...y.10.1 lol I r,M,..IU. 850994 • +v J iJb<411 8.00P1°--. RECEPTION _ _- y S`t r3O0K.�..R4. FECLFLON-_ __ .1-A L " � ATTACHMENT "A" Payment Schedule It is agreed and understood that `.eller and PUrc`.aser will share proportionately the five (5%) per cent Federal Land bank `;to':k Fee and the one-half (': ) per ceit loan fee inc.:rred in tine Federal Lind Canl Loan or Three Kindred, Twenty-Five Thousand (SJ25,000.'JO) Dollars i. rrently existing ce t"e South half of Section 26. The net loan p'nreed, et the above loan „ere Three '1undred, Seven Thousand, One eundred, T..onty-Five (5307,125.00) Dollars. '.' es, the payment Proration of the J'CP:.ID P:, .'•r: cr Om! ' ndred, Sixty-Five Thousand (5165,000.00) Dollars shall be One Hundred. Sixty-Five Thousand/ Three Hundred, Seven Thousand, One Hundred, Twenty-live (165,000;307,125), times the r.ayment due. It is agreed the UNPAID BALANCE will be secured by a hestervelt note haviny a variable interest rite the same as the Federal Land Bank Loan, ;o. 0191171-7-0. It is also agreed and understood that the"Westervelt note will have semi-annual installments due each May 15 and 6ivember 15; thus, the first such payment will be due November 15, 1381 and interest will start to accrue on the date of closing. It is agreed the DOWN PAYMENT uncer this Agreement is Twenty-Five Thousand ($25,000.00) Dollars and it is to be paid as follows: Five Thousand (55,000.00) Dollars hereby receipted for; Five Thousand ($5,000.00) Dollars on May 15, 1981; Two Thousand, Five Hundred (52.500.00) Dollars on August 1, 1981; Two Thousand, Five Hundred ($2,500.00) Dollars on Septerber 1, 1981; Two Thous- and, Five Hundred (52,500.00) Dollars on October 1, 1981; Two Thousand, Five Hundred ($2,500.00) Dollars on favember 1, 1981; Two Thousand, Five Hundred ( 2,500.00) Dollars on December 1, 1981; and Two Thousand, Five Hundred ($2,500,00) Dollars on January 1, 1982. It is agreed the growing crops are to be used as security for pay- . ments recited hereinabove. All payments shall be made jointly to Seller and Federal Land Bank. Purchaser shall have 3 right to prepay any amount at any time without prepay- ment penalty. Seller agrees to obtain and furnish to Purchaser a partial re- lease upon payment in full. This document to be rerecorded to include the specifice perforance contract dated May 12, 1981 and a 2 page addendum. 850994 ✓54 BIJUtC__ RECEPTION. 1A75538 -- • - • LM MMH peellea AI\M sea YM'ee.'t V rolonde Mesa CM Y,Cwlxlw(SC if.It IT) SPECIFIC PERFORMANCE CONTRACT (FARM AND RANCH) • Longmont May 12, ip 81 Colorado -I RECEIVED FROM JAMES T NESTFRV a ersonal check 'I ' Purchaser(asjoint tenants),the sum of 3_ 5 000.OO ,in the loan of to be held by HIGH COUNTRY TURF axatwx OOO,0Odlleau*14 geuYtaaxax as earnest money and part payment for the following described real estate situate in the ainty Weld cost dp,to it That part of the South Half of rSec. °16;T2N;—R6SW of the 6thi.FT:, We9d Bounty, lying east of the existing drainage ditch excepting therefrom a set of farm improvements consisting of a 3 bedroom house and outbuildings having an address of 7201 Weld ldiCounty R1 acre: oad 11. Longmont, Colorado 80501, together with a yard area of approximately wab.0 e.een,eaite said rights of way appurti rent thereto.all improvements thereon and all fixtures of a permanent - nature currently on the premises,except as hereinafter provided,in their present condition,ordinary wear and tear '- excepted,known as which property purchaser agrees to buy upon the following terms and conditions, for the purchase price of s_19 8_,Q00.00 u0 payable as follows 35.000.00 hereby receipted for, $ and the balance of the down payment and remaining unpaid balance to be paid in accordance with the schedule of Attachment "A". I I I Cost of any appraisal for loan purposes to be obtained after this date shall be paid by 1. If a note and trust deed or mortgage is to be assumed,the purchaser agrees to apply for a loan assumption if I required and purchaser agrees to pay(1)a loan transfer fee not to exceed 3_ and(2)an interest rate not to exceed _rt per annum. If the lender's consent to a loan assumption is required,this contract Is expressly conditioned upon obtaining such consent without change in the terms and conditions of such loan except as , above stated. If a secured or unsecured loan is to be earned by the seller,seller shall not be obligated to carry said loan for any person or entity in lieu of the purchaser named herein. I 2. Price to include the following personal property: •I • to be conveyed by bill of sale at time of closing in their present condition,free and clear of all personal property taxes, (lens and encumbrances,except: II I I I I and except any personal property liens in any encumbrance specified in paragraph 3. I ; The following fixtures excluded from of permanent nature are rom this sale: Portable corrals. • 3. Peke to include the following water rights: One (1) cohesion share of the Consolidated i, Lower Boulder Reservoir and Ditch Company. I; . WiLlitsatinitat3 slain ltratappptttelal 1(xr Attar rent commitment for title insurance policy in an l i grunt equal to the parectme price,at seller's option and expense,shall be furnished the purchaser on or before d May .13 mill If seller elects to furnish said title insurance commitment,seller wlU deaeee the title issuraaee policy to purchaser after closing and pay the premium thereon. . L title sAJ be merchantable to the seller,except as stated in this paragraph and in paragraph 1L Subject to Iove and compliance with the other terms and conditions hereunder by porches'''. pyme a tender r i ad erd ld II the seller alma ennui gad deliver a good and au(fieleat general w deed to said purchaser oh _ _Jwie_15 If 81,or,by mutual agreement,at an earlier date,conveying se deproperty free and Fld r der l tame.sateen 0221171-2-0 4 moserni 171-2last for ld. am payable January lacticandirls except o �1f loan. lb. 0791171-]-0 in the amount of 5195 000 OD whirls than h• payahle ill provided in Atterlowtt "A"• ' free awl deer of J Peas M opeedal improvements now installed,whether assessed or not;free end clear of all liens ad earsaMaae 'inept: II w se gletilt eeamy n.aew••e rawer,iris sod sear s ateewd rstammice-tea Sint Pena De..,ey.t1a.tats.le,Ii-4rr 850994 8001.___ RECEPTION._ 1ti'7��Jti and :leen the following easements: those of record; 4-9 and subject to building and zoning regulations and the following 'dive covenants; those of record: Any encumbrance required to be paid may he paid at the time of settlement from the proceeds of this irannactian or from any other source. 6. General taxes for the Year of closing shall be/'M'k'gM'g917r111 38 u 5tIlli l9flt1p21111MlAftlgalgrMldlnp e*WP twit lfX*fl*ktx'If'(!(188 PergeRXkt.Repaid rents,water rents,sewer rents,and interest en encumbrances,if any, mint said Was Pr rpn s amnuntinasa_SZZO,Q9_shatll be P.J4 by-purchaser,_---- iwbnti64♦14WIM,lb6a rdM$6sitais i17erayal -- - 7. With respect to the growing crops the seller and purchaser agree as follows: Purchaser shall be en- titled to all the landlord's share of the 1981 crop. 8, The hour and plan of closing shall be asdesignated by —._..__. . —__ ___ _ O. Possession of premises shall be delivered to purchaser on_Maly 15,_ 1981 subject to the following leases or tenancies a one-year farm lease with Alfred Sater. Seller has afterfeed rights with the farm lease which transfer to Purchaser. 10 The risk of toes from any damage to the Improvements by fire or other casualty prior to dateefclosing shall be on the seller,provided,however,that If the seller shall maintain insurance on said improvements which will nmpen- sate for the full replacement value thereof,the seller may at his option assign the proceeds of said insurance to purchaser,in which can the purchaser shall complete the transaction as herein provided.The risk of less for any damage to growing crops,by fire or other casualty shall be born by the party entitled to said crepe as provided in paragraph 7 and such party shall be entitled to the insurance proceeds, II. Time is of the essence hereof,and if any payment or eny other condition hereof is net made.tendered or performed by either the seller or purchaser as herein provided,then this contract,at the option of the party whe is not in default,may be terminated by such party,in which case the non-defaulting party may recent such damages as may be proper.In the of such default by the seller,and the purchaser elect,to treat the contract as terminated, then all payments made hereon shall be returned to the purchaser.In the event of such default by the purchaser,and the seller elects to treat the contract as terminated, then all payments made hereunder shall be forfeited and retained on behalf of the seller.In the event,however,the non-defaulting party elects to treat this contract as being in full force end effect,the non-defaulting party shall have the right to an action for specific performance and damages. 12. Except as stated in paragraph 5.if title is not merchantable and written notice of defeetlsl is riven by the purchaser or purchaser's agent to the seller or seller's agent within the time herein provided for delivery of deed and shall not be rendered merchantable within 30days after such written notice,then this c ntran,at purchaser'soption, shall be void and of no effect and each party hereto shall be released from all obligations hereunder and the payments made hereunder shall be returned forthwith to purchaser upon return of the abstract,if any,to seller; provided however,that in lieu of correcting such detente),seller may.within said 30 days.obtain a commitment for owner's title insurance policy in the amount of the purchase price reflecting title insurance protection in regard to such defetin, and the purchaser shall have the option of accepting the then existing insured title in lieu of such merchantable title. The seller shall pay the full premium for such owner's title insurance polity,and the abstract.if any,shall be returned by the purchaser. 13. Additional provisions: See attached addendum forming a part hereof. 14. If this proposal is accepted by the seller in writing on or before __ _._____._ II_, this instrument shall become a contract between seller and purchaser end shall inure to the benefit of the heirs, successors and assigns°r( b_•a.�z,esl. ,� ) Agent ( it„see»r t, Date writ.». Date By:--- Seller accepts the above proposal this day of__. II.--and Wm to pay►commission of_%of the gross sales price for services in this transaction,Sr ,agrees that,la the event of forfeiture of payments made by purchaser,such payments shall be divided between the Whet broker and the milled one-half thereof to said broker,but nor to esceed the commission,and the balance to the miller. i H. , , r ��. . , , f. err . I S 1 Purchaser's Address — — Seller's Address 850994 q"YO 8OOK 95i RECEPTI0N.._.. 'J=.-3K.. '- S ADDENDUM I It is understood that nine (9) shares of the preferred stock of the Consolidated Lower Boulder Reservoir and Ditch Company were sold to the City of Lafayette and a covenant filed of record on September 9, 1980 (see Attachment "8"). It is understood Seller has filed an application for approval of plan of augmentation in the District Court in and for Water Division No. 1. State of Colorado, Case No. BO-CW-349 which provides int.or aid for a Four Hundred (400) acre-foot storage reservoir and an unnamed 2.08 c.f.s. irriga- tion well to be completed. It is understood a well permit will be issued and available to drill said irrigation well during the calendar year 1981. in the event said permit is not available to Purchaser in sufficient time to drill and complete said well prior to the 1982 irrigation season, Seller will deliver to Purchaser sufficient water either through the existing ditch system or through the existing pipeline system from the Johnson Well No. 1 to irrigate the subject acreage. In the event ditch water is supplied. Purchaser will pay the water assessments and in the event well water is supplied, Purchaser will pay the actual cost of energy necessary to pump the water to the acreage. This arrangement to supply water shall continue until an alternate water sys- tem becomes available to Purchaser. In the event tests indicate a well is not practical on Purchaser's land, Seller will make available sufficient land and appropriate easements thirty (30' ) feet in width without additional cost to Purchaser to locate a well on Seller's land. In the event a well cannot be completed on either Purchaser's land or Seller's land, Purchaser shall hereby become a one-half (k) undivided owner in and to the existing Johnson Well No. 1, together with appropriate thirty (30') foot wide easements to operate Purchaser's interest therein, said easements and undivided interest in the Johnson Well No. 1 to be conveyed to Purchaser without additional cost. it is agreed and understood that the unnamed irrigation well set forth hereinabove is to be the sole property of Purchaser, 850994 .1 54 BOOK— RECEPTI0N..._1hZ2•` S, 4 - ADDENDUM I (Continued) • It is agreed and understood the four Hundred (400) acre-foot storage reservoir will be constructed on land jointly owned by Purchaser and Seller and will be jointly owned and operated by the owners of land in the South Half of Section 26 and Purchaser will share with Seller irricatio and r augmentation rights in and to said storage reservoir. Nei party hereto an shall be obligated to spend more than Ten Thousand ($10,000.00) art in parties the the construction of said reservoir without the mutual consent of rtidp hereto. Appropriate easement rights to construct, develop and operate structure are hereby reserved. 850994 Hello