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HomeMy WebLinkAbout911537.tiff .. RESOLUTION RE: APPROVAL OF FIRST AMENDED LEASE AGREEMENT - HERBST GRAVEL PIT 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, by Lease Agreement with Hall-Irwin Construction Company dated April 16, 1990, the Board did lease the sand, gravel and aggregate in a portion of property being further described as a part of Section 31, Township 6 North, Range 66 West of the 6th P.M. , Weld County, Colorado, and WHEREAS, the Board has been presented with an amended lease agreement for said property, and WHEREAS, the Board deems it advisable to approve said amended lease agreement. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the First Amended Lease Agreement for Sand, Gravel and Aggregate for the Herbst Gravel Pit with Hall-Irwin Construction Company be, and hereby is, approved. BE IT FURTHER RESOLVED that the Chairman is hereby authorized to sign said amended agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by he follow ing vpte on 'the 30th day of December, A.D. , 1991. �� / BOARD OF COUNTY COMMISSIONERS ATTEST: ?IK�J WELD COUN Y, LORADO Weld County Clerk to the Board Gord n acy, C rman BY: 47-4-1,,,A-1 �-„. cc lleputy Clerk to the Boar - George Kenn dy, Pro-Tem APPROVED AS TO ORM: EXCUSED Constance L. Harbert Count Attorney ��7� Y Y C. W. Kirby n W. H. Webster 911537 cc : flout-TRiviv CiON5ii km--G-- Lit - P1-1013 1ST AMENDED LEASE AGREEMENT FOR SAND, GRAVEL AND AGGREGATE (HERBST PIT) THIS 1ST AMENpED LEASE AGREEMENT, made and entered into this 1/46)( — day of hi , 1991, by and between HALL-IRWIN CONSTRUCTION COMPANY, a Colorado corporation, with offices located at 3026 Fourth Avenue, Greeley, Colorado 80631 , hereinafter known as "Lessor, " and WELD COUNTY, COLORADO, by and through the Board of County Commissioners of Weld County, located at 915 Tenth Street, Greeley, Colorado 80631, hereinafter known as "Lessee. " WITNESSETH: WHEREAS, Lessor owns a sand, gravel, and aggregate mine on its property located in Section 31, Township 6 North, Range 66 west of the 6th P .M. , Weld County, Colorado, hereinafter known as the "Herbst Pit, " and WHEREAS , said sand, gravel, and aggregate mine has been approved as a Use by Special Review Permit by Weld County and a Use by Special Review Permit Plan is on file with the Weld County, and WHEREAS , Lessee has need for sand, gravel , and aggregate in its road and bridge operations and desires to lease Lessor' s property for the purpose of extracting said minerals . NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, Lessor hereby leases to Lessee those portions of its sand, gravel, and aggregate mine located on Lessor ' s property ( the Herbst Pit) in Section 31 , Township 6 North, Range 66 West of the 6th P.M. , Weld County, Colorado, described below and under the terms and conditions set forth herein. 1 . Description of Location and Minerals to be Removed. Lessee shall have the right, but not the obligation to remove sand, gravel , and aggregate only from Phase IV and Phase VI as designated on the Herbst Use by Special Review Permit Plan, hereinafter referred to as "the property. " Said Use by Special Review Permit Plan is recorded at Book 1253 and Reception Number 02202413 in the Office of the Weld County Clerk and Recorder. Lessee shall remove the sand, gravel, and aggregate starting at the northernmost portion of Phase IV and moving in the southerly direction in a uniform manner, extracting all materials from Phase IV before removing any materials from Phase VI . 2 . Reservation of Other Minerals to Lessor. This Lease pertains only to the removal of sand, gravel , and aggregate. All Page 1 of ,15- Pages 9'1537 other minerals located on the property are reserved unto the Lessor. 3 . Term. This Amended Lease is effective as of the date of its execution and shall expire exactly fifteen ( 15) years from April 16 , 1990 . Any minerals not removed within the term of the Lease will be forfeited by the Lessee. Lessee must complete mining of all sand, gravel, and aggregate within ten ( 10) years of April 16 , 1990 , in order to provide for water storage. Lessee may store on the property during years eleven to fifteen of this Amended Lease Agreement all sand, gravel, and aggregate mined in years one to ten. This 1st Amended Lease shall supersede the Lease dated April 16 , 1990 to the extent the terms are inconsistent with the terms of the lease . 4 . Rent. The rent for this Amended Lease Agreement is $305 ,000 .00, payable entirely in advance at the time of execution of the Lease Agreement, which payment is hereby acknowledged. Lessee shall pay no royalties to the Lessor during the term of this Amended Lease Agreement. 5 . Costs . Lessee is required to pay, in addition to rent, the following costs : a. The cost to reclaim the area pursuant to the reclamation plan now on file with the State of Colorado Mined Land Reclamation Board and any changes required by any governmental authority, including said Mined Land Reclamation Board. b . Any costs required for and additional bonding to permit Lessee to remove materials while Lessor concurrently removes minerals from other phases of Lessor's property. c. The cost to amend the Special Use Permit Plan, if made necessary by the execution of this Lease Agreement. d. All costs to remove the materials . 6 . Taxes and Special Assessments . Lessor shall pay all ad valorem taxes on the property and Lessee shall pay all other taxes levied against the property during the term of this Lease Agreement, if any. Lessee shall pay all special assessments for Weld County 83rd Avenue Local Improvement District. Page 2 of 5 Pages 7 . Title. This Lease shall be taken subject to all easements , restrictions , and covenants of records . Prior to the execution of this Lease, the Lessee, at its costs, may examine title to ensure that it is adequately protected from adverse claims . 8 . Limitation on Warranties . No warranties shall extend by operation of his Lease from Lessor to Lessee, other than warranty of title. Lessor makes no warranties as to the quality or quantity of sand, gravel, and aggregate at the property. 9 . Access . Lessee shall have access through the Lessor ' s remaining property via presently existing roads , for purposes only of access to remove the sand, gravel , and aggregate contemplated by this Lease Agreement . 10 . Non-Exclusive. This Amended Lease is non-exclusive as to the remaining portion of the Herbst Pit (phases other than Phase IV and Phase VI ) . 11 . Reclamation. Lessee shall perform all reclamation required by the current or amended Reclamation Plan filed with the State of Colorado, Mined Land Reclamation Board. 12 . Indemnity. Lessee shall hold harmless and indemnify the Lessor for any and all negligent acts and/or omissions, or any intentional torts, committed by Lessee, its agents , and employees in the course of their work pursuant to, and within the scope of, this Lease, including, but not limited to, attorney' s fees . 13 . Contingency. This Amended Lease is contingent upon approval of the State of Colorado, Mined Land Reclamation Board, if necessary, and all other governmental approvals including, but not limited to, Weld County, Colorado . 14 . Removal of Personal Property at Termination of Lease . At the termination of this Amended Lease, either at the end of the term or by cancellation or surrender of prior thereto, Lessee shall have the right to remove all of the Lessee ' s buildings, structures , machinery, equipment, and other personal property from any part of the demised premises within thirty ( 30 ) days thereafter. Any property remaining after said thirty ( 30) days shall become the property of the Lessor. 15 . Non-Assignment . Lessee shall not assign this Amended Lease Agreement nor sublease the property to any person, firm, or corporation without the prior written consent of the Lessor. Page 3 of S Pages 16 . Compliance with Special Use Permit. Lessee shall be required to follow all requirements and standards of the Herbst Special Use Permit. 17 . Bond. At the Lessee' s option Lessor shall obtain a bond in the amount up to $305 , 000 . 00 to ensure that Lessee has perpetual right during the contract period to mine and remove sand, gravel, and aggregate from the property without third party restriction including, but not limited to, restrictions by the State of Colorado, Mined Land Reclamation Board. Lessee shall pay cost of bond. 18 . Government . Lessor shall provide for all requirements of governmental permitting including, but not limited to, all water augmentation and adjudication requirements , mining permits , and Special Use Permits . Lessor shall provide Lessee with copies of all such permits, water decrees, and water augmentation plans . 19 . Costs Paid by Lessor. All costs associated with water augmentation, adjudication, storage, etc. , shall be paid by Lessor. 20 . Utility Relocation Lessor shall relocate all pipes and utilities necessary to make the area available for mining at Lessor ' s cost. 21 . Road Improvements . Both Lessee and Lessor' s obligations with respect to the Weld County Use by Special Review and/or Mining Permit issued by the Mined Land Reclamation Board shall be deemed met by the Special Assessments imposed in Weld County 83rd Avenue Local Improvement District #1991-1 . WHEREFORE, the parties hereto have signed this Amended Lease Agreement this 3(4. day of LCP, n-1 be - , 1991 . LA / � / . WELD COUNTY, COLORADO, by and ATTEST: ' , ) g through the Board of County t/J /� � vw Commissi ne of Weld County Weld County i Clerk to the bard By: i Gor o y, Chairman By: Gib-tee/ c., 47,5,4---a 5eputy Clerk HALL-IRWIN CONSTRUCTION CO. , a ATTEST: Colorado Corporat ' n s v` 1vIL'Ce- ✓znsik,,r 71 5-Pageu4 of , Pages Vice President President (CORPORATE SEAL) /SUBSCRIBED AND SWORN to before me this „2/ u day of / . , 199,2,1 by ! <� . 1�4J President df Hall-Irwin Construction Company. WITNESS my hand and official seal . , Notary Publi� 0 My commission expires : Oe-72:-/“,:w= lshall .bap Page 5 of 5 Pages Hello