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CONTRACT
TI I CONTRACT AND AGREEMENT, made and entered into on this
day of SEP ; 1951 , 1951, by and between Town of`
lindsor, Colorado, a municipal corporation, party of the first
part, and "field County, Colorado, a quasi municipal corporation,
party of the second part , Witnesseth :
or and in consideration cf the sum of One Dollar in hand paid
by second party to first party, receipt whereof is hereby acknow-
ledged and confessed, and other good and valuable considerations,
the said Town of iindsor, Colorado does hereby lease and rest unto
said +eld County , Colorado, the following described parcel or tract
of real estate, described as follows :
Commencing at a point 30. 7 ' east and 525 ' North of the
center of the intersection of :lain Street and 'dent 6t_^set ,
or the Town of ydindsor, Colorado, thence, east and parallel
with the worth property line of Block 7 in said Town, the
distance of 146 ' more or less to the southwest corner of
tract now owned by the " orbes ci ay Post 109, American Legion
Club, Inc. , thence North a distance of .143..2' more or less
to the southern boundary line of the Colorado x bout ern RR.
right of way, thence in a general northwesterly direction along
and upon said southern boundary line of said right of ,gay to
the point constituting the intersection of said right of way
line with the east boundary line of the present county sigh-
way; thence south along and upon said east line of said public
county highway, a distance of 203.2 ' more or less to point
.of beginning ; but excepting from said parcel so much of the
south portion their of as may be necessary for use by first
party for existing waterworks purposes ;
for the term cf Twenty Five (25) years from the date of this con-
tract . : s a portion of the consideration for this contract , second
party promises and agrees within a reasonable time from the execut-
ion hereof, to construct at its expense a steel fence entirely
surrounding said entire tract, save and except for a small portion
in the southwest corner thereof to be designated by first torty, and
to be excluded for use for the purpose of loading water tank trucks,
and said fence to have at least one gate with suitable lochs thereon,
with both parties having keys to same, and said gate to be used by
h:hoth parties hereto. Said fence and gate are to be maintained in
good repair by second party at its expense during the period this
contract is in effect , and second party during said period shall
keep the grounds in good condition and weeds cut .
It is agreed and understood that all buildings and structures here-
tofore., erected by Second nrty on said tract shall be and remain
the property of second party and upon the termination of this con-
tract , second party shall have privilege of removing same , ,:rovid-
ing however that the steel fence with gates and appurtenances to be
erected hereunder by second party, shall at all times be arid remain
the property of first party and shall not be removed by second party
upon termination hereof, or at all. The buildings and structures
on the south portion of said tract owned by first party shall be
and retain the property of first party which shall reserve riF:ht to
use and possession of same for town purposes, and to land :n which
same are located with full rlrhts of ingress and egress for such
purposes.
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rrrr ;le t.c+t t: . C' 1,„. 510003
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it __i ; r'i't +li r agreed- d understood that in the event the whole
trig ehoUl. 4t sdlne'future time during the term this contract is
in 'f0.1 -fgr.ce, and effect , be required for use by first party for
so -mur4Q ,vat purpose, then in such event first party may terminate
* . this coiiira.at by giving second party a three months written notice
of sash .i4 ntion to terminate same, and by paying to second party
an amount equal to the cost of constructing said steel fence, gates,
and appurtenances prior to the expiration of the three months period.
And. upon such termination, second party shall remove its other
buil.i'inus an str'tctures prior tc the expiration of said three months
period.
S.his Contract small, b: binding upon the successors and assigns of
first ,arty according to the terms hereof, but shall be binding upon
second -arty tend its successors. This Contract shall not be assigned
by second tarty but shall be considered as conveying rights of poss-
ession xhich are personal to seonnd party.
IN ;ITN .:S ., :.;;.:: F, the respective corporate parties have hereunto
caused their corporate names to be subscribed and their corporate
seals hereunto affixed, and that the proper officers of each corpor-
ate party her .to have subscribed their names hereto as the free and
voluntary act and deed of said corporations, being first duly author-
ized so to do, for t e uses and purposes herein set forth.
Town of : indsor, Colorado,
' a ,unicipal Corporation,
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Mayor L 4 Attest : / J ,.v, ...uA<- )
own Clerk
Party of the :First Part
County of :held, ..state of Colorado,
a :4uasi Diunicipal Corporation,
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fittest : l
c:L ask Y C u . Koi :
i r';` /' / ' i . ( ' Party of the Second Tart
... , •4(. tu.. y \sL.k. .d.
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