Loading...
HomeMy WebLinkAbout20251805.tiffResolution Approve Renewal Application for Fermented Malt Beverage and Wine Off-Premises (County) Liquor License from 7-Eleven, Inc., dba 7-Eleven Store 39510H, and Authorize Chair to Sign — Expires July 14, 2026 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, 7-Eleven, Inc., dba 7-Eleven Store 39510H, presented to the Board of County Commissioners of Weld County, Colorado, an application for the renewal of a Fermented Malt Beverage and Wine Off-Premises (County) License for the sale of malt beverages and vinous liquors in sealed containers not for consumption at place where sold, subject to the rules and regulations found in Articles 3 and 4, Title 44, C.R.S., at an establishment outside the corporate limits of any town or city in the County of Weld at the location described as follows: 3914 State Highway 119 Longmont, Colorado 80504 Whereas, pursuant to Exhibit 5-H of the Weld County Code, said applicant has paid the sum of $107.50 to the County of Weld for renewal of the existing license, and Whereas, said applicant has paid the sum of $367.50 to the Colorado Department of Revenue for renewal of the existing license, and Whereas, the Licensee shall require "responsible vendor" training of each employee, as agreeable to the Colorado Department of Revenue, Liquor Enforcement Division, and the Licensee shall provide documentary evidence that each employee has been "responsible vendor" trained upon request by the Weld County Sheriff's Office or the Colorado Liquor Enforcement Division. Now, therefore, be it resolved that the Board of County Commissioners of Weld County, Colorado, having examined said application and the other qualifications of the applicant, does hereby grant License Number 2025-12 to said applicant to sell malt beverages and vinous liquors in sealed containers not for consumption at place where sold; and the Board does hereby authorize and direct the issuance of said license by the Chair of the Board of County Commissioners, attested to by the Clerk to the Board of Weld County, Colorado, which license shall be in effect until July 14, 2026, providing that said licensee operates in strict conformity to all of the laws of the State of Colorado and the rules and regulations relating thereto, per Articles 3 and 4, Title 44, C.R.S., heretofore passed by the Board of County Commissioners of Weld County, Colorado, and any violations thereof shall be cause for revocation of the license. Be it further resolved by the Board that the Chair be, and hereby is, authorized to sign said application and license. 2025-1805 LC0052 Renewal Application for Fermented Malt Beverage and Wine Off-Premises (County) Liquor License — 7-Eleven, Inc., dba 7-Eleven Store 39510H Page 2 The Board of County Commissioners of Weld County, Colorado, adopted the above and foregoing Resolution, on motion duly made and seconded, by the following vote on the 25th day of June, A.D., 2025: [Insert Resolution Attestation Block Post Meeting] 2025-1805 LC0052 �1��n.��1/ �-- _ .,� �: � ����n % ! Fermented Malt Beverage and Wine Off-Premises (County) License By Authority of the Board of County Commissioners of Weld County, Colorado This License Expires July 14, 2026 License Number 2025-12 This is to Certify, that 7-Eleven, Inc., dba 7-Eleven Store 39510H, of the State of Colorado, applied for a License to sell malt beverages and vinous liquors in sealed containers not for consumption at place where sold, and paid the sum of One Hundred Seven and [50/100] ($107.50) Dollars to the Weld County Treasurer; therefore, the above applicant is hereby licensed to sell malt beverages and vinous liquors, as a Fermented Malt Beverage and Wine Off-Premises (County), at the address of 3914 State Highway 119, Longmont, Colorado 80504, in the County of Weld, State of Colorado, for a period beginning on the 15th day of July, 2025, and ending �n the 14th day of July, 2026, unless this License is revoked sooner as provided by law. This license is issued subject to the Laws of the State of Colorado and especially under the provisions of Article 3, and 4, of Title 44, Colorado Revised Statutes, as amended. In testimony whereof, the Board of County Commissioners of Weld County, Colorado, has hereunto subscribed its' name by its' officers, duly authorized this 25th day of June, 2025: Perry L. Buck, Chair Approved as to Form: Bruce Barker, County Attorney Attest: Esther E. Gesick, Clerk to the Board This license shall be posted in a conspicuous place. Non-transferable. DR 8400 (08/23/24) COLORADO DEPARTNENT OF REVENUE Liquw Enforoement DNiabn POBOX17087 Retail Liquor License Renewal Application oa��a� co eoz»-0oeT ��os> sos-z�oo Instructions 1. Complete entire application and attach details, if necessary. 2. Submit application 45 days prior to expiration to your local city or county licensing. Do not submit to the State. 3. Submit the appropriate renewal license fee by license type. 4. As of July 1, 2024, a$250 annual renewal application fee will be applied to all renewals. License Type Fee License Type Fee Arts License (city) $308.75 Arts License (county) $308.75 Beer & Wine (city) $351.25 Beer & Wine (county) $436.25 Brew Pub (ciy) $750.00 Brew Pub (county) $750.00 Campus Liquor Complex (city) $500.00 Campus Liquor Complex (county) $500.00 Campus Liquor Complex (state) $500.00 Club License (city) $308.75 Club License (county) $308.75 Distillery Pub (city) $750.00 Distillery Pub (county) $750.00 Entertainment Facility License (city) $500.00 Entertainment Facility License (county) $500.00 Fermented Malt Beverage $g6.25 and Wine (c�y) Fermented Malt Beverage $117.50 and Wine (county) Fermented Malt Beverage On $g6.25 Premises (city) Fermented Malt Beverage On $117.50 Premises (county) Fer►nented Malt Beverage On/Off $g6.25 Premises (city) Fermerrted �halt Beverage On/Off $117.50 Premises (county) Hotel & Restaurant (ciry) $500.00 Hotel & Restaurant (county) $500.00 License Type Fee License Type Fee Hatel 8� Restaurant / Optional $600.00' Premises (city) Hortel & Restaurant / Optional $600.00" Premises (county) Liquor Licensed Drug Store (city) $227.50 Liquor Licensed Drug Store (county) $312.50 Liquor Store (city) $227.50 Liquor Store (county) $312.50 Lodging Facility License (city) $500.00 Lodging Facility License (county) $500.00 Optional Premises (city) $500.00 Optional Premises (county) $500.00 Racetrack License (city) $500.00 Racetrack License (county) $500.00 Resort Complex (city) $500.00 Resort Complex (county) $500.00 Related Facility - Campus $160.00 Liquor Complex (city) Related Facility - Campus Liquor $160.00 Complex (county) Related Faciliry - Campus Liquor $160.00 Complex (state) Retail Gaming Tavern (city) $500.00 Retail Gaming Tavern (county) $500.00 Tave�n (city) $500.00 Tavern (county) $500.00 Vintner's Restaurant (city) $750.00 Vintner's Restaurant (county) $750.00 • P1us $100.00 for each additional optional pr�mises �� D R 8400(08123124) COLORADO DEPARTNEIIT OF REVENUE Liquor Enforcement Di�sion PO BOX 17087 DenverCO 80217-0087 (303)205-2300 Submit to Local Licensing Authority RECEIVED Fees Due Annual Renewal Application Fee $ 250 Renewal Fee Storage Permit $100 X $ Sidewalk Service Area $75.00 $ Additional Optional Premises Hotel & $ Restaurant $100 X Related Facility - Campus Liquor $ Complex $160.00 per facility Amount Due/Paid $ 367.50 Make check payable to: Colorado Department of J11►1 O 2 2�25 Revenue. The State may convert your check to a one- N�. time electronic banking transaction. Your bank account may be debited as early as the same day received by W ELD COU NTY the State. If converted, your check will not be returned. if COMMISSIONERS your check is rejected due to insufficient or uncollected funds, the Department may coilect the payment amount directly from your banking account electronically. Retail Liquor License Renewal Application Please verify & update all information below. Return to city or county licensing authority by due date. Note that the Division will not accept cash. ❑ Paid by check Uploaded to Movelt on Date ❑ Paid online Licensee Name 7-Eleven, Inc. Doin Business As Name DBA) 7-Eleven Store 39510H Li uor License Number License T e 04-01356 Fermented Malt Beverage and Wine Sales Tax License Number Ex iration Date Due Date 24111111-0488 07/14/25 05/30/25 Business Address Street Address Phone Number 3914 State Highway 119 (303) 774-7668 Cit State ZIP Code Longmont CO 80504 Mailina Address Street Address P,O. Box 139O44 Cit State ZIP Code Dallas TX 75313 Email electronicrenewels@7-li.com Page 2 of 7 O eratin Mana er Date of Bi�th RACHAEL SH�INBARGER Home Address StreetAddress Phone Number 52868 YATZE RD 719-470-8397 Ci State ZIP Code BOONE CO 81025 1. Do you have legal possession of the premises at the street address? .............._ • Yes No Are the premises owned or rented? � owned •If rented, ex iration date of lease • Rented' ��31/2027 2. Are you renewing a storage permit, additional optional premises, sidewalk service area, or related facility? ................................. ......... Yes � tvo ..................................... _ If yes, pbe,ase see the tabie in the upper right hand comer and include all fees due. 3. Are you renewing a takeout and/or delivery permit? ............................................. Yes i No (Note: must hold a qual'ifying license type and be authorized for takeout and/or delivery license privileges) If selecting 'Yes', an additional $11.00 is required to renew the permit. If so, which are you renewing?....... _ Delivery _� Takeout Both Takeout and Delivery 4. Since the date of filing of the last application, has the applicant, including its manager, partners, officer, directors, stockholders, members (LLC), managing members (LLC), or any other person with a 10% or greater financial interest in the appicant, been found in final order of a tax agenay to be delinquent in the paymerrt of any state or local taxes, penalties, or interest related to a business?.... Yes �►vo Since the date of filing of the last application, has the applicant, including its manager, partners, officer, directors, stockholders, members (LLC), managing members (LLC), or any other person with a 10% or greater financial interest in the applicant failed to pay any fees or surcharges imposed pursuant to section 44-3-503ti, C.R.S.? ........................................................................................................ Yes � No 5. Sinoe the date of filing of the last application, has there been any change in financial interest (new notes, loans, owners, etc.) or organizational structure (addition or deletion of officers, directors, managing members or general partners)? ................... • Yes rvo If yes, e�lain in detail and attach a listing of all liquor businesses in which these new lenders, owners (other than licensed financial institutions), officers, directors, managing members, or general partners are materially interested. oR e000 �oeix�2a� Page 3 of 7 6. Since the date of filing of the last application, has the applicant or any of its agents, awners, managers, partners or lenders (other than licensed financial institutions) been convicted of a crime? .................................................................. Yes • No If yes, attach a detailed explanation. 7. Since the date of filing of the last application, has the applicant or any of its agents, owners, managers, partners or lenders (other than licensed financial institutions) been denied an alcohol beverage license, had an alcohol beverage license suspended or revoked, or had interest in any entity that had an alcohol beverage license denied, suspended or revoked? .............................. • Yes No If yes, attach a detailed explanation. 8. Does the applicant or any of its agents, owners, managers, partners or lenders (other than licensed financial institutions) have a direct or indirect interest in any other Colorado liquor license, including loans to or from any licensee or interest in a loan to any licensee? ........................................................................... • Yes rvo If yes, atbch a detailed explanation. 9. I would like to apply for a Two-Year Renewal ......................................................... Yes • No Affirmation & Consent I declare under penalty of perjury in the second degree that this application and all attachments are true, correct and complete to the best of my knowledge. T pe or Print Name of ApplicanUAuthorized A ent of Business DAYNA EPLEY Title LICENSING MANAGER Si nature Date MM/DDJYY 0!�/03/�- DR Bd00 (0BR3/24) Page 4 of 7 Report & Approval of City or County Licensing Authority The foregoing application has been examined and the premises, business conducted and character of the applicant are satisfactory, and we do hereby report that such license, if granted, will comply with the provisions of Title 44, Articles 4 and 3, C.R.S., and Liquor Rules. Therefore this application is approved. Local Llcensin Authorit For Weld County, Colorado ��� Title Attest Esther E. Gesick Perry L. Buck - Chair, Weld County Board of Commissione � Si na Date Clerk to the Board 06/25/25 Local Lsc s�g Authority Approves this license for a two-year renewal ....................... Yes X No If "No", please cite the law, regulation, local ordinance or resolution that gives the local licensing authority the ability to deny the applicant and grounds for denial. Also, please provide any and all investigative reports, and administrative or criminal action that relate or justify this denial. Praof of Violation DR 9400 (08123/24) Page 5 at 7 DR 8495 (02/1�24) COLORADO DEPAR7IAEHT OF REVENUE Liauor EnforeerRent Divabn PO BOX 17087 Denver CO 80217-0087 (303) 20S2300 Tax Check Authorization, Waiver, and Request to Release Information �� DAYNA EPLEIf am signing tfiis Tax Check Authorization, Waiver and Request to Release Information (hereinafter "Waiver") on behalf of the "A Ucant/Licensee" 7-ELEVEN, INC. to permit the Colorado Department of Revenue and any other state or local taxing authority to release information and documentation that may otherwise be confidential, as provided below. If I am signing this Waiver for someone other than myself, including on behalf of a business entity, I certify that I have the authority to execute this Waiver on behalf of the AppiicanULicensee. The Executive Director of the Colorado Department of Revenue is the State Licensing Authority, and oversees the Colorado Liquor Enforcement Division as his or her agents, clerks, and employees. The information and documentation obtained pursuant to this Waiver may be used in connection with the Applicant/Licensee's liquor license application and ongoing licensure by the state and local licensing authorities. The Colorado Liquor Code, section 44-3-101. et seq. (°Liquor Code"), and the Colorado Liquor Rules, 1 CCR 203-2 ("Liquor Rules"), require compliance with certain tax obligations, and set forth the investigative, disciplinary and licensure actions the state and local licensing authorities may take for violations of the Liquor Code and Liquor Rules, including failure to meet tax reporting and payment obligations. The Waiver is made pursuant to section 39-21-113(4), C.R.S., and any other law, regulation, resolution or ordinance concerning the confidentialiry of tax information, or any document, report or return filed in connection with state or local taxes. This Waiver shall be valid until the expiration or revocation of a license, or until both the state and local licensing authorities take final action to approve or deny any application(s) for the renewal of the license, whichever is later. ApplicanULicensee agrees to execute a new waiver for each subsequent licensing period in connection with the renewal of any license, if requested. By signing below, Applicant/Licensee requests that the Colorado Depa�tment of Revenue and any other state or local taxing authority or agency in the possession of tax documents or information, release information and documentation to the Colorado Liquor Enforcement Division, and is duly authorized employees, to act as the ApplicanYs/Licensee's duly authorized representative under section 39-21-113(4), C.R.S., solely to allow the state and local licensing authorities, and their duly authorized employees, to investigate compliance with the Liquor Code and Liquor Rules. Applicant/ Licensee authorizes the state and local licensing authorities, their duly authorized employees, and their legal representatives, to use the information and documentation obtained using this Waiver in any administrati�e or judicial action regarding the applicatim or license. Page 6 of 7 Name IndividuaVBusiness 7-ELEVEN, INC. Social Securily NumberlTax Identification Number Home Phone Number Business/Work Phone Number 75-1085131 N/A 303-774-7668 Street Address 3914 STATE HWY 119 Cit State ZIP Code LONGMONT CO 0504 Printed name of person si ning on behalf of the Applicant/Licensee DAYNA EPLEY A IicantlLicensee's Si nature Si nature authorizin the disclosure of confidential tax information) Date Si ned 0(0%3/ Privacy Act Statement Providing your Social Security Number is voluntary and no right, benefit or privilege provided by law wiil be denied as a result of refusal to disclose it. § 7 of Privacy Act, 5 USCS § 552a (note). DR 8495 (02116/24) Page 7 of 7 Store Directory Run Date : 0211312025 02:46 LaC8d011 ��� FrJCorp Addreaa City County 6tete or Provinoa Po�l�I Coda 13058 A F 312 MOUNT VIEW LN Colorado Springs EL PASO 80907 13071 B F 5 WIDEFIELD BLVD Colorado Spnngs EL PASO CO 80911 13079 B F 1011 SOUTH 21 ST ST Colorado Springs EL PASO CO 809043705 13082 8 F 310 WEST UINTAH ST Colorado Springs EL PASO CO 809051045 13093 A F 1760 SHASTA DR Colorado Springs EL PASO CO 809101912 13111 S C 2727 S PRAIRIE AVE Pueblo PUEBLO CO 81005 13128 B F 9101 W JEWELL AVE Lakewood JEFFERSON CO 802326447 13140 B F 5405 MARSHALL STREET Arvada JEFFERSON CO 800023801 13157 A F 7270 BROADWAY Denver ADAMS CO 802213608 13164 B F 2605 VALMONT RD Boulder BOULDER CO 803042903 13167 A F 7540 N PECOS ST Denver ADAMS CO 802213437 13169 A F 1012 E BRIDGE ST Brighton ADAMS CO 806012231 13171 A F 505 S SHIELDS ST Fort Collins LARIMER CO 805213557 13184 C F B41 KEN PRATT BLVD Longmont 8OULDER CO 805016432 13185 A F 83016TH ST Greeley WELD CO 806315618 13188 B F 11421 WASHINGTON ST Northglenn ADAMS CO 802331912 13194 A F 1107 SANTA FE DR Denver DENVER CO 802043544 13195 A F 4040 EAST 8TH AVE Denver DENVER CO 802203701 13196 B F 1277 E HAMPDEN AVE Englewood ARAPAHOE CO 80113 13198 B F 607 E ALAMEDA AVE Denver DENVER CO 802092005 13203 C F 7675 EAST COLFAX AVE Denver DENVER CO 802201950 13204 C F 10201 E MONTVIEW BLVD Aurora ADAMS CO 800102303 13206 B F 3900 S BROADWAY Englewood ARAPAHOE CO 80113 13209 D F 1090 OGDEN ST Denver DENVER CO 802182808 15041 A F 311 WEST MAIN ST Sterling LOGAN CO 807513144 15068 A F 331 SOUTH HANCOCK AVE Colorado Springs EL PASO CO 809033740 15203 A F 703 EAST PLATTE AVE Fort Morgan MORGAN CO 807013618 15403 B F 1605 W 92ND AVE Federal Heights ADAMS CO 80260 15431 A F 603 WEST PLATTE AVE Fort Morgan MORGAN CO 807012655 15754 A F 4770 WEST COLFAX AVE Denver DENVER CO 802041123 15955 A F 620 EDISON ST Brush MORGAN CO 807232012 16068 A F 2641 S. ESTES ST Lakewood JEFFERSON CO 802273117 1D0�4 A F 1120 9 PARHER RD Denver ARAPAHOE OO 80P01P1P6 16147 C F 2609 FEDERAL BVD Denver DENVER CO 802114716 16593 C F 2500 WEST 38TH AVE Denver DENVER CO 802112102 17127 S C 905 WEST NORTHERN AVE Pueblo PUEBLO CO 810043123 17134 B F 9200 W ALAMEDA AVE Lakewood JEFFERSON CO 802262829 17142 A F 2081 W EISENHOWER BLVD Loveland LARIMER CO 805373100 17211 A F 51315 HWY 8 Glenwood Springs GARFIELD CO 816012544 17284 L C 741 N SUMMIT BLVD Frisco SUMMIT CO 80443 17299 J C 8390 W 14TH AVE Lakewood JEFFERSON CO 80214 17596 D F 10722 E ALAMEDA AVE Aurora ARAPAHOE CO 800121017 18324 C f 3 EAST BTH AVE Yuma YUMA CO 807592827 18397 A F 10010 E GIRARD AVE Denver DENVER CO 802315067 18409 B F 16080 EAST COLFAX AVE Aurora ARAPAHOE CO 800115811 18418 B f 7355 RALSTON ROAD UNIT R1 Arvada JEFFERSON CO 800022500 A44 B F 2790 S WADSWORTH BLVD Denver DENVER CO 802273408 18497 A F 5010 KIPLING STREET Wheat Ridge JEFFERSON CO 800332250 18556 A F 8801 HURON ST Thomton ADAMS CO 802606804 18576 C F 3901 EAST 112TH AVE Thomton ADAMS CO 802332546 18589 B F 511 E AGATE AVE Granby GRAND CO 80446 18594 A F 8002 CHASE DRIVE Arvada JEFFERSON CO 800031806 18630 J C 7295 EAST 7TH AVE Denver DENVER CO 802205565 18724 A F 104 EAST 18TH ST Greeley WELD CO 806316019 18730 A F 3177 EAST COLFAX AVE Denver DENVER CO 802061709 19015 B F 4096 S FEDERAL BLVD Sheridan ARAPAHOE CO 801104331 19169 S C 926 LAKE AVE PueWo PUEBLO CO 810042455 19570 A F 402 WEST 3RD ST Wray YUMA CO 807581005 19585 J C 235 WEST TTH ST Walsenburg HUERFANO CO 810892211 20104 A F 430 REMINGTON ST Fort Collins LARIMER CO 805242911 20182 A F 1499 W. LITTLETON BLVD Littleton ARAPAHOE CO 801202101 20308 B F 283 W HWY 105 Monument EL PASO CO 80132 20343 B F 2407 N. UNION BLVD. Colorado Spnngs EL PASO CO 809091107 20638 K C 804 E 4TH ST Pueblo PUEBLO CO 810013929 21242 B F 6515 S DAYTON ST Greenwood Village ARAPAHOE CO 801116121 21493 J C 15553 E MI991991PPI AVE Aurore ARAGAHOE CQ $00173A42 21494 B F 3005 S PEORIA STREET Aurora ARAPAHOE CO 800143129 21562 B F 1651 S BUCKLEY RD Aurore ARAPAHOE CO 80017 21899 A F 5195 W BYRON PL Denver DENVER CO 802121322 21938 A F 4085 E MISSISSIPPI AVE Denver DENVER CO 80246 21967 K C 1475 B STREET Colorado Springs EL PASO CO 809065364 22021 A F 23250 TWO RIVER3 RD Beselt PITKIN CO 816219227 22059 C F 525 N UNION BLVD Cdorado Springs EL PASO CO 80909 22063 A F 11599 W COLFAX AVE Lakewood JEFFERSON CO 802153707 22088 B F 1329 MAIN ST Carbondale GARFIELD CO 816231849 22194 J C 14490 E. COLFAX AVE Aurora ARAPAHOE CO 800116823 22233 B F 1240 E FILLMORE ST Colorado Springs EL PASO CO 809076451 22358 A f 1438 ARAPAHOE ST Denver DENVER CO 802022204 22533 D F 4601 S BROADWAY Englewood ARAPAHOE CO 80113 22537 B F 1690 PEARL ST Denver DENVER CO 8010314Z0 22562 A F 1801 S NEVADA AVE Colorado Springs EL PASO CO 80905 22596 C F 840 LASHLEY ST Longmont BOULDER CO 80504 22613 6 F 3004 W. COLORADO AVE Colorado Springs EL PASO CO 809042147 22684 B F 1428 W. COLORADO AVE. Colorado Springs EL PASO CO 809044025 22706 A F 601 S. SANTA FE AVENUE Fountain EL PASO CO 808172042 23154 B F 13790 E �UINCY AVENUE Aurora ARAPAHOE CO 800151129 23172 F F 303 N BROADWAY Denver DENVER CO 802033920 23206 B F 7211 N PECOS ST Denver ADAMS CO 802212761 23293 A F 1800 DOWNING ST Denver DENVER CO 802181010 23418 B F 10500 E. COLFAX AVE Aurora ARAPAHOE CO 800105020 23546 C F 1402 HARRISON RD Cdorado Springs EL PASO CO 80905 23603 B F 105 KNOX COURT Denver DENVER CO 802191437 23664 B F 2396 S. FEDERAL BLVD Denver DENVER CO 802195405 23727 A F 750 S MONACO ST PARKWAY Denver DENVER CO 802241527 23731 A F 328 E. PLATTE AVE. Colorado Springs EL PASO CO 809031237 23811 J C 327 W. 8TH ST. Pueblo PUEBLO CO 810033004 23829 C F 6302 E. 72ND AVE. Commerce Ciry ADAMS CO 800222000 23867 A F 1499 S. FEDERAL BLVD Denver DENVER CO 802194720 23888 B F 1702 S 8TN 3T Colorado �prings CL �A�O CO 80905 23899 A F 85 W. ALAMEDA AVE Denver DENVER CO 802232104 23905 J C 1000 E COLFAX AVE Denver DENVER CO 802181945 23935 B F 3805 E. PIKES PEAK AVE Colorado Springs EL PASO CO 809096716 23963 A F 201 BLUE RIVER PKWY Silverthorne SUMMIT CO 80498 23990 A F 1795 PEORIA ST Aurora ADAMS CO 800102906 24079 B F 8250 W COAL MINE AVE tA Llttleton DOUGLAS CO 80123 24116 B F 1585 S. BROADWAY Denver DENVER CO 802102607 24359 A F 2410 S UNIVERSITY BLVD Denver DENVER CO 802105408 24398 A f 3306 E FOUNTAIN BLVD. Colorado Springs EL PASO CO 809101732 24438 A F 995 N CIRCLE DR Colorado Springs EL PASO CO 80909 24460 C F 510 S. SECURITY BLVD Colorado Springs EL PASO CO 809111730 24627 A F 580 JOSEPHINE ST Denver DENVER CO 802064211 24856 A f 1066 EAST 88TH AVE. Thomton ADAMS CO 802294926 25028 A d90 PERRY ST Denver DENVER CO 802041439 25052 B F 890 S. FEDERAL BLVD Denver DENVER CO 802193413 25069 A F 4708 WASHINGTON ST Denver DENVER CO 802162746 25187 B F 595 HAVANA ST Aurora ARAPAHOE CO 800104343 25265 B F 201 WEST FILLMORE ST Colorado Springs EL PASO CO 809076156 25290 D F 4543 BOARDWALK DR Fort Collins LAR�MER CO 805253227 25325 B F 12057 N PECOS ST Westminster ADAMS CO 802342073 25476 A F 1650 MAIN ST Longmont BOULDER CO 805012615 25550 B F 12880 E ALBROOK DR Denver DENVER CO 80239 25581 B F 16400 SOUTH GOLDEN ROAD Golden JEFFERSON CO 804012855 25582 B F 1103 YOSEMITE ST Denver DENVER CO 802203557 25684 B F 2540 W 10TH ST Greeley WELD CO 80634 25718 B F 2220 S PEORIA ST Aurora ARAPAHOE CO 800141147 25740 C F 18883 EAST HAMPDEN AVE Aurora ARAPAHOE CO 800133559 25794 B F 1685 JET WING DR Colorado Springs EL PASO CO 809162258 25823 C F 7201 LOWELL BOULEVARD Westminster ADAMS CO 800305301 25902 A F 1904 WEST UINTAH ST Cdorado Springs EL PASO CO 809042740 25907 B F 3200 EAST 45TH AVE Denver DENVER CO 802164133 26137 B F 95 SHERIDAN BLVD Lakewood JEFFERSON CO 80226 26289 A F 2300 � 88TM AV�NUC Thomton ADAM9 CO 804295109 26292 A F 825 NORTH NEVADA AVE Colorado Springs EL PASO CO 809034705 26295 C F 1426 N. ACADEMY BLVD. Colorado Springs EL PASO CO 809093315 26574 A F 13190 E MISSISSIPPI AVENU Aurora ARAPAHOE CO 800123427 26682 A F 14593 E MISSISSIPPI AVE Aurora ARAPAHOE CO 800124682 26683 B F 2025 B ST Colorado Springs EL PASO CO 809064729 26692 A F 5805 PALMER PARK BLVD Colorado Springs EL PASO CO 809151611 26693 C F 3740 RANDALL DR Colorado Springs EL PASO CO 809204162 26788 D F 503 S. NEVADA AVE Colorado Springs EL PASO CO 809033922 26803 D F 2800 S. COLLEGE AVE Fort Collins LARIMER CO 805252532 26927 C F 1600 SOUTH LEMAY AVE Fort Cdlins LARIMER CO 805251122 26933 A F 970 W. HORSETOOTH RD Fort Collins LARIMER CO 805262799 27022 B F 6331 WASHINGTON ST Denver DENVER CO 802297008 27033 C F 5595 S. BROADWAY Littleton ARAPAHOE CO 801218004 27043 B S, STE B Lakewood JEfFER5ON CO 80401 27067 B F 3990 E. 35TH AVE Denver DENVER CO 802053856 27082 8 F 450 NORTH MURRAY BLVD Cdorado Springs EL PASO CO 809161003 27211 J C 15511 E. 6TH AVE. Aurora ARAPAHOE CO 800119003 27213 B F 16601 E SMOKY HILL RD Aurora ARAPAHOE CO 800151764 27238 B F 8378 SHERIDAN BOULEVARD Westminster ADAMS CO 800036001 27429 C F 1850 S SHERIDAN UNIT A Denver DENVER CO 802328029 27620 A F 303 SANTA FE DR Denver DENVER CO 802231131 29024 B f 880 S BUCKLEY RD Aurora ARAPAHOE CO 800173174 29108 A F 4701 PEORIA ST Denver DENVER CO 802392850 29151 A F 2299 WEST ALAMEDA AVE Denver DENVER CO 802231926 29203 B F 1000 FEDERAL BLVD Denver DENVER CO 802043217 29314 B F 10410 MELODY DRIVE Northglenn ADAMS CO 802344110 29420 A F 1301 WEST 38TH AVE Denver DENVER CO 802112614 29508 C F 3131 S BROADWAY Englewood ARAPAHOE CO 80113 32159 C F 623 GARDEN OF THE GODS RD Colorado Springs EL PASO CO 80907 32267 B F 10998 STATE HWY 9 Breckenridge SUMMIT CO 80424 32276 B F 6600 S. COLLEGE AVENUE FoR Collins LARIMER CO 805254143 32386 B F 4710 CENTENNIAL BLVD. Colorado Springs EL PASO CO 80919 32673 J C 1448 N 95TM STR�ET Lafayette DOULDER CO B00P6931� 32747 C F 6025 CONSTITUTION AVE Colorado Springs EL PASO CO 809154396 32809 C F 10128 N WADSWORTH PKWY Westminster JEFFERSON CO 80021 32810 B F 4500 PEORIA STREET Denver DENVER CO 80239 32923 B F 16981 LINCOLN AVENUE Parker DOUGLAS CO 80134 32990 J C 3522 N ELIZABETH ST Pueblo PUEBLO CO 81008 33038 C F 18451 E ALAMEDA PKWY Aurora ARAPAHOE CO 80017 33040 C F 8380 S COLORADO BLVD Highlands Ranch DOUGLAS CO 80126 33042 B F 8750 S YOSEMITE ST Lone Tree DOUGLAS CO 80124 33043 C F 7725 FOUNTAIN MESA RD Fountain EL PASO CO 80817 33044 C F 14250 E ILIFF AVE Aurora ARAPAHOE CO 800141460 33052 C F 1595 W. 47TH AVE Denver DENVER CO 802112339 33322 B F 5590 POWERS CENTER POINT Colorado Springs EL PASO CO 809207100 33481 C F 399 WASHINGTON AVENUE Gdden JEFFERSON CO 804031427 33630 B F MALL, STE 100 Denver DENVER CO 80202 33710 B F 6040 BARNES RD Coloredo Springs EL PASO CO 80922 34012 8 F 5241 W 72ND AVENUE Westminster JEFFERSON CO 80003 34035 A F 19832 E HILLTOP RD Parker DOUGLAS CO 80134 34036 A F 6990 CHURCH RANCH BLVD Westminster JEFFERSON CO 80021 34057 A F 11802 OSWEGO ST Englewood ARAPAHOE CO 80112 34058 B F 2434 BRIARGATE PKWY Cdorado Springs EL PASO CO 80920 34087 A F 15610 E. 104TH AVE. Commerce City ADAMS CO 80022 34131 C F 19390 E QUINCY AVE Aurora ARAPAHOE CO 80015 34159 A F 12285 S PARKER RD Parker DOUGLAS CO 80134 34168 B F 3240 VILLAGE VISTA DR Erie WELD CO 80516 34179 D F 4709 7OWER RD Denver DENVER CO 80249 34181 B F 21405 E QUINCY AVE Aurora ARAPAHOE CO 80013 34209 B F 8 NOTTINGHAM RD Avon EAGLE CO 81620 34210 L C 11099 E I-25 FRONTAGE RD Firestone WELD CO 80504 34238 A f 50 TELEP AVE Johnstown WELD CO 80534 34316 A F 6150 E HWY 34 Johnstown LARIMER CO 80534 34333 J C 3995 N LEWISTON ST Aurora ADAMS CO 80011 34342 B F 1975 E COLFAX AVE Denver DENVER CO 80206 34442 K C 172a CMAM�A 3TR«T Denver DENVER 00 80202 34486 B F 3099 W MINERAL AVE Littleton ARAPAHOE CO 80120 34504 B F 7451 S GARTRELL RD Aurora ARAPAHOE CO 80016 34505 B F 1107 S SHERIDAN BLVD Lakewood JEFFERSON CO 80232 34526 A F 1800 LAWRENCE ST Denver DENVER CO 80202 34534 A F 6201 E 14TH AVE Denver DENVER CO 80220 34570 B F 1775 BLAKE ST Denver DENVER CO 90202 34675 J C 1910 S HAVANA ST Aurora ARAPAHOE CO 80014 34683 B F 2201 S SHERIDAN BLVD Denver DENVER CO 802273910 34705 J C 2100 SOUTH HOLLY ST Denver DENVER CO 80222 34741 A F 7080 TOWER RD Denver DENVER CO 80249 34921 A F 2350 HANCOCK EXPY Colorado Springs EL PASO CO 80910 34924 A F 2803 W 10TH ST Greeley WELD CO 80634 35001 B F 2802 E FOUNTAIN BLVD Colorado Springs EL PASO CO 80910 5 5 F 3992 HAVANA ST Denver DENVER CO 80239 35069 J C 1091 13TH ST Boulder BOULDER CO 80302 35269 B F 6008 FREDERICK WAY Frederick WELD CO 80530 35336 D F 12802 LOWELL BLV Broomfield BROOMFIELD CO 800205432 35337 A F 2825 BRIARGATE BLVD Colorado Springs EL PASO CO 80920 35338 B F 330 S ACADEMY BLVD Colorado Springs EL PASO CO 809102715 35345 C F 2250 MOUNTAIN VIEW AVE Longmont BOULDER CO 805013114 35357 J C 5190 W 113TH AVE Westminster ADAMS CO 800317813 35365 B F 380 E 17TH AVE Denver DENVER CO 80203 35506 B F 3045 W PROSPECT RD Fort Collins LARIMER CO 80526 35511 A F 4990 EAST HAMPDEN AVE Denver DENVER CO 80222 35519 B F 4406 N SHERIDAN BOULEVARD Denver DENVER CO 80212 35534 A F 5280 ASTROZON BLVD Colorado Springs EL PASO CO 80916 35536 B F 450 FEDERAL BLV Denver DENVER CO 80204 35598 A F 3495 S FEDERAL BLVD Sheridan ARAPAHOE CO 80110 35600 B F 7718 E WOODMEN ROAD Colorado Springs EL PASO CO 80908 35604 B F 3391 W HAMPDEN AVE Sheridan ARAPAHOE CO 80110 35610 A F 7692-7696 BARNES RD Colorado Springs EL PASO CO 80922 35617 A F 3400 YORK ST Denver DENVER CO 80205 JJA22 H C 6a�0 S YO��MIT� �T Oreenwood Vlllage ARAPAHOE CO 60111 35668 A F 3445 W COLFAX AVE Denver DENVER CO 80204 35708 A F 4277 N TAFT AVE Loveland LARIMER CO 80538 35715 B F 3876 E BROMLEY LN Brighton ADAMS CO 80601 35717 B F 6400 CROSSROADS BLVD Windsor LARIMER CO 80550 35822 A F 3502 N ACADEMY BLVD Colorado Springs EL PASO CO 80917 35828 A F 6966 DAHLIA ST Commerce Ciry ADAM3 CO 80022 35864 A F 8991 E 104TH AVE Henderson ADAMS CO 80640 35880 B f 1401 W ELIZABETH ST Fort Collins LARIMER CO 80521 35976 B F 8755 MONNIEW BLVD Denver DENVER CO 80238 35979 A F 2950 W EVANS AVE Derner DENVER CO 80219 35995 B F 1600 E EVANS AVE Denver DENVER CO 80210 36013 B F 12060 E 120TH AVE Henderson ADAMS CO 80640 36017 A F 4900 E BRIDGE ST Bnghton ADAMS CO 80601 36464 B F 8111 TOWER RD Commerce City ADAMS CO 80022 36492 B F 5995 W 38TH AVENUE Wheat Ridge JEFFERSON CO 80212 36714 B F 2650 NORTH GATE BLVD Cdorado Springs EL PASO CO 80921 36764 A F 8090 MERIDIAN RD Peyton EL PASO CO 80831 36769 H C 1510 S HOLLY ST Denver DENVER CO 80222 36775 A F 5797 QUEBEC ST Commerce City ADAMS CO 80022 36956 B F 18351 E COLFAX AVE Aurora ADAMS CO 80011 37016 B F 4922 WILLOW ST Denver DENVER CO 80238 37120 A F 3200 CHAMBERS RD Aurora ADAMS CO 80011 37135 A F 6495 ISSAQUAH DR Colorado Springs EL PASO CO 80923 37141 D F 4855 N PECOS STREET Denver DENVER CO 802211512 37198 A F 2093 S CATHAY WAY Aurora ARAPAHOE CO 80013 31220 B F 5601 E 136TH AVE Thomton ADAMS CO 80602 37221 B F 23830 E SMOKY HILL RD Aurora ARAPAHOE CO 80016 37278 H C 990 WEST BAPTIST ROAD Monument EL PASO CO 80132 37291 A F 12241 E 104TH AVE Commerce City ADAMS CO 80022 37320 A F 6020 DUBLIN BLVD Colorado Springs EL PASO CO 80923 37554 A F 4415 MCINTYRE STREET Golden JEFFERSON CO 80403 37560 C F 5898 S BROADWAY Littleton ARAPAHOE CO 80121 37562 B f 8900 M�TRO AIR�ORT AVE Broomfield JEFFER60N CO a0021 37570 A F 8836 E 96TH AVE Commerce City ADAMS CO 80640 37731 A F 6400 FEDERAL BLVD Denver ADAMS CO 80221 37763 A F 17050 SMITH RD Aurora ARAPAHOE CO 80011 38083 H C 7382 FEDERAL BLVD Westminster ADAMS CO 80030 38084 A F 3790 WADSWORTH BLVD Wheat Ridge JEFFERSON CO 80033 38093 A F 1175 ALOHA ST Casde Rock DOUGLAS CO 80108 38107 H C 229 GLENEAGLE GATE VIEW Colorado Springs EL PASO CO 80921 38119 A F 725 KALAMATH STREET Denver DENVER CO 80204 38130 A F 2880 S CIRCLE DR CGorado Springs EL PASO CO 80906 38135 A F 11275 MAIN ST Broomfield BROOMFIELD CO 80020 38170 A F 5605 EAST 56TH AVE Commerce Ciry ADAMS CO 80022 38180 A F 1200 W ALAMEDA AVE Denver DENVER CO 90223 38226 A F 8790 INDIANA ST Arvada JEFFERSON CO 80005 38234 A 6385 PROMENADE PKWY Castle Rock DOUGLAS CO 60108 38330 A F 7285 W 119TH PLACE Broomfield BROOMFIELD CO 80020 38351 8 F 15200 E 120TH AVE Commerce City ADAMS CO 80022 38357 A F 4908 N HAVANA ST Denver DENVER CO 80239 38361 A F 18449 E 65TH AVE Denver DENVER CO 80249 38364 A F 3800 TOWER RD Aurora ADAMS CO 80011 38372 A F 7939 SILICON HEIGHTS Colorado Springs EL PASO CO 80922 38390 A F 599 S AIRPORT BLVD Aurora ARAPAHOE CO 80017 38485 A F 22500 E 168TH AVE Lochbuie ADAMS CO 80603 38633 A f 1120 NEWPORT ROAD Colorado Springs EL PASO CO 80916 38638 A F 3500 HWY 52 Frederick WELD CO 80516 38643 6 F 3572 BLUE HORIZON VIEW DR Colorado Springs EL PASO CO 80924 38651 A F 100 E 9TH AVE Denver DENVER CO 80203 38667 B F 7500 S PIERCE ST Liltleton JEFFERSON CO 80128 38668 A F 5670 BARNES RD Colorado Springs EL PASO CO 80917 38725 A F 11250 HURON ST Northglenn ADAMS CO 80234 38758 A F 905 E 144TH AVE Thomton ADAMS CO 80241 38159 A F 6482 N ACADEMY BLVD Colorado Springs EL PASO CO 80918 38785 A F 9995 W COLFAX AVE Lakewood JEFFERSON CO 80215 3bb�1 A f 1111 MOUNTAIN AV� Derthoud LARIM�R CO 90913 38981 A F 5586 N GARFIELD AVE Loveland LARIMER CO 80538 39033 A F 120 BLUE RIVER PKWY Silverthome SUMMIT CO 80498 39034 A F 4601 S SANTA FE DR Englewood ARAPAHOE CO 80110 39062 B F 3190 WEST 38TH AVE. Denver DENVER CO 80211 39067 A F 12358 S PARKER RD Parker DOUGLAS CO 80134 39075 B F 4695 W 20TH ST Greeley WELD CO 80834 39077 J C 1401 9TH ST Greeley WELD CO 80631 39078 C F 1100 BROAD ST Milliken WELD CO 80543 39079 B F 200 N TAFT HILL RD Fort Collins LARIMER CO 80521 39081 C F 629 MAIN ST Windsor WELD CO 80550 39082 J C 1509 E EISENHOWER BLVD Loveland LARIMER CO 80537 39096 A F 1255 INTERQUEST PKWY Colorado Springs EL PASO CO 80921 39160 A F 1540 LAKE GULCH RD Castle Rock DOUGLAS CO 80104 3 1 A f 221 S 8TH STREET Colorado Springs EL PASO CO 809051630 39211 A F 810 WILCOX ST Castle Rock DOUGLAS CO 80104 39215 A F 1504 COLORADO BOULEVARD Denver DENVER CO 80220 39261 B F 5490 WADSWORTH BYPASS Arvada JEFFERSON CO 800023734 39274 B F 495 SHERIDAN BLVD Lakewood JEFFERSON CO 80226 39296 D F 8820 N COLORADO BLVD Thomton ADAMS CO 80229 39317 A f 3520 TOWN CENTER DR Highlands Ranch DOUGLAS CO 80129 39421 A F 9301 S PARKER ROAD Parker DOUGLAS CO 80134 39451 A F 4301 STATE HWY 66 Mead WELD CO 80542 39501 B F 10815 W JEWEL AVE Lakewood JEFFERSON CO 802324851 39504 B F 4351 S TAMARAC PKWY Denver DENVER CO 80237 39510 J C 3914 STATE HWY 119 Longmont WELD CO 80504 39519 B F 7486 WESTGATE DR Windsw LARIMER CO 80528 39528 B F 16310 E �UINCY AVENUE Aurora ARAPAHOE CO 80015 39532 A F 15550 E BRONCOS PKWY Englewood ARAPAHOE CO 80112 39543 A F 1901 N ACADEMY BLVD Colorado Springs EL PASO CO 80909 39591 J C 9355 E DRY CREEK RD Centennial ARAPAHOE CO 80112 39622 B F 15296 E HAMPDEN AVE Aurora ARAPAHOE CO 80014 39641 A F 4700 BASELINE RD Boulder BOULDER CO 80303 39729 A � 2299 3OUTM MAVANA ST Aurora ADAMS CO 00014 39730 A F 1110 S PIERCE ST Lakewood JEFFERSON CO 80232 39731 A F 9100 W KEN CARYL AVE Littleton JEFFERSON CO 80128 39732 A F 13690 E ALAMEDA AVE Aurora ARAPAHOE CO 80012 39733 A F 9010 PARK MEADOWS DR Littleton DOUGLAS CO 80124 39738 A F 1285 W BASELINE RD Lafayette BOULDER CO 80026 39739 A F 80 PLUM CREEK PKWY Castle Rock DOUGLAS CO 80104 39741 A F 7610 N DEBBIE LN Castle Rock DOUGLAS CO 80108 39742 A F 4175 W 120TH AVE Broomfeld BROOMFIELD CO 80020 39743 A F 3650 HIGHLANDS RANCH PKWY Littleton DOUGLAS CO 80126 39746 A F 8076 BLAKELAND DR Liltletan DOUGLAS CO 80125 39752 A F 2271 W 128TH AVE Westminster ADAMS CO 802341307 39753 A F 7190 SIMMS ST Arvada JEFFERSON CO 80004 39767 B F 290 S PIERCE ST Lakewood JEFFERSON CO 80226 F 12085 E COLFAX AVE Aurora ARAPAHOE CO 80010 39773 J C 3083 BRIGHTON BLVD Denver DENVER CO 80216 39774 J C 9590 FEDERAL BLVD Federal HeigMs ADAMS CO 80260 39834 A F 7505 E PARKWAY DR Lone Tree DOUGLAS CO 80124 39847 A F 9171 E ARAPAHOE RD Greenwood Village ARAPAHOE CO 80112 39848 A F 3550 DOWNING ST Denver DENVER CO 80205 39849 A F 3490 PARK AVE WEST Denver DENVER CO 80216 39853 A F 180 STEPHENS WAY S�verthome SUMMIT CO 80498 39859 J C 7260 EAST 36TH AVE Denver DENVER CO 80238 41130 H C 2501 11THAVE Greeley WELD CO 80631 41224 A F 706 E EISENHOWER BLVD Loveland LARIMER CO 80537 41243 A F 1400 2ND ST Fort Lupton WELD CO 80621 41257 H C 402 VASQUEZ BLVD Platteville WELD CO 80651 41334 A F 3529 W 4TH ST Greeley WELD CO 80634 41337 A F 501 S FEDERAL BLVD Denver DENVER CO 80219 41348 A F 1360 S 96TH ST Louisville BOULDER CO 80027 41543 A F 16550 KEYSTONE BLVD Parker DOU�LAS CO 80134 41581 A F 2205 E 104TH AVE Northglenn ADAMS CO 80233 41743 H C 641 14TH ST Fort Lupton WELD CO 80621 41861 A F 7530 VILLAGE SQUARE DR Castle Pines DOUGLAS CO a010E 41865 H C 1110 S WADSWORTH BLVD Lakewood JEFFERSON CO 80232 41867 A F 3334 ARAPAHOE RD Erie BOULDER CO 80516 41877 A F 105 S 2ND ST La Salle WELD CO 80645 41990 H C 125 E 29TH ST Loveland LARIMER CO 80538 41996 H C 52 W 84TH AVE Thomtan ADAMS CO 80260 42018 A F 200 N GUN CLUB RD Aurora ARAPAHOE CO 80018 42055 A F 22996 E SMOKY HILL RD Aurora ARAPAHOE CO 80016 42149 H C 11601 W 64TH AVE Arvada JEFFERSON CO 80004 42178 A F 12180 SUCER00 DR Parker DOUGLAS CO 80134 42210 H C 5995 W 44TH AVE Lakeside JEFFERSON CO 80212 42279 H C 245 MARKET ST. Keenesburg WELD CO 80643 42319 A F 4880 FEDERAL BLVD Denver ADAMS CO 80221 42599 A F 6445 SOURCE CENTER POINT Colorado Springs EL PASO CO 80923 r �,� ^ � cpo� June 2, 2025 7-ELEVEN INC COL4RAD� Department of l�ev+enue Specialized Business Group— Liquor �r Tabacco Physical Address: Mailing Address: 1707 Cole Boulevard, Suite 300 P.O. Box 17087 Lakewood, CO 80401 Denver, CO 80217-0087 DBA 7-ELEVEN INC 7-ELEVEN LICENSING PO BOX 139044 Dallas, TX 75313 Re: State Master File for 7-ELEVEN INC Account # 24-1 1 1 1 1-0000 Dear Sir or Madam: This is to advise you that the Colorado Liquor Enforcement Division ("Division") has, at your request, revised the "master file" for the above-listed Licensee. As of the date of this letter, our master file includes the following items which you have submitted: 1 �a Individual History Records (Form DR 8404-I) for the following persons: DEPINTO, JOSEPH M REYNOLDS,STANLEY KIRSTEIN, LILLIAN Fingerprint cards bearing the names and birth dates of the persons listed in paragraph 1, above. All the fingerprint cards have been submitted by us to the Colorado Bureau of Investigation. The CBI and FBI have checked the prints and reportedly found no record of any criminal history for those listed above. 3. Certificate of Authority or a Certificate of Good Corporate standing from the Colorado Secretary of State, which indicates that 7-ELEVEN INC, is a corporation authorized to do business in Colorado. When filing a new application for additional licensed locations, you must check with the local licensing authority to determine what documents they may require to process your application. Please feel free to provide them with this letter, as local authorities will not require you to submit fingerprint cards to them if you have already submitted such documents to the Division. This letter will serve to inform the local authorities exactly which documents you have already submitted to the State Liquor Enforcement Division. Finally, once the local authority has approved your new license or transfer of ownership application, it must be sent to the Division. The local authority need not send change of corporate structure information previously reported to the Division, as listed in and approved by this letter. The only documents which are needed for a new or transfer of ownership application by the Division are: 1. The approved application signed by the local authority; 2. The appropriate fees; 3. A copy of this letter; 4. Proof of possession of the premises; 5. A diagram of the licensed premises; 6. Completed form DR 8442, and an Individual History Record (DR-8404-I) if manager's registration is required. Sincerely, ;�`�'��G� ��n.�e i �.,�.� � �� � �� Michelle Stone-Principato Division Director 2 DR 4041B (06/14/17) Leah Flesner From: LIQLICENSING -, DOR_ <dor_liqlicensing@state.co.us> Sent: Tuesday, June 24, 2025 3:51 PM To: Chloe White Cc: Leah Flesner Subject: Re: 7-Eleven, Inc., dba 7-Eleven Store 39510H ����. ��> �.NA This Message Is From an External Sender This email was sent by someone outside Weld County Govemment. Do not click links or open attachments unless you recbgnize . the sender and know the content is safe. Good afternoon, As I mentioned, we received DR8177 on 11/20/2024 only for 7-ELEVEN INC, Master File (Business, ***STATE only license) #24-11111-0000, not for the individual 7-Eleven accounts. If you need to update these changes to your local retail license, the licensee needs to submit another DR8177 with the sqecific retail license number for �our a�proval, not for the master file account If you still need some follow-up for this, please let me know. Thank you, The Licensing Team Liquor and Tobacco Licensing Department Colorado Liquor £t Tobacco Enforcement Division P 303.205.2300 � F 303.866.2428 1707 Cole Boulevard Suite 300, Lak�ewood, CO 80401 DOR_LiqLicensin�C�state.co.us � Liquor/Tobacco Website ONLINE PAYMENT PORTAL for L1qUOC' �t TObdCCO Enforcement Emai l: DOR_LEDC state. co. us Po�;cy un;t: LED_ADMI NACTIONSC state. co. us x ❑ � a-: On Tue, Jun 24, 2025 at 11:50 AM Chloe White <cwhite weld.gov> wrote: 7-Eleven, Inc Suspensions (Last 3 years - Colorado Only) ST�ORE CI1Y � TYPE DA7E 7 days suspension, 4 days held in abeyance for one i year, 3 days served with fine in lieu of active 23888B Colorado Springs Sale to Minor 03/01/21 suspension ($500) 7 days suspension, 4 days held in abeyance for one year, 3 days served with fine in lieu of active 22846B Colorado Springs Sale to Minor 03/01/21 suspension ($500) 7 days suspension, 4 days held in abeyance for one year, 3 days served with fine in lieu of active 24398A Colorado Springs Sale to Minor 03/01/21 suspension ($500) 14 days suspension, 10 days held in abeyance for one year, 4 days served with fine in lieu of active 23664B Denver Sale to Minor 03/0l/21 suspension ($200) 7 days suspension, 4 days held in abeyance for one year, 3 ciays served with fine in lieu of active 13111 Pueblo Sale to Minor 03/18/21 suspension ($500) I 14 days suspension, 10 days held in abeyance for one year, 4 days served wth fne in lieu of active 34705C Denver Sale to Minor 03/2b/21 suspension ($200) 7 days suspcnsion, 4 days hcld in abcyancc for onc 39339A Coloralo Springs Sale to Minor 0S/0U2l ycar, 3 days scrved . 20 days suspenson, 8 days held in abeyance for one ear, 12 days served 15 days suspension, 8 days held in abeyance for one year, 7 days + 5 days previous abeyance days (12 22562A Colordao Springs ISale to Minor 06/01/21 days total) served. ; 7 days supension, 4 days held in abeyance for one � year, 3 days served with fine in lieu of active 3921 lA Castle Rock Sale to Minor 07/01/21 suspension ($500). 14 days suspension, 7 days held in abeyance for one 39339A Colorado Springs Sale to Minor 07/01/21 year, 7 days served. i 15 days suspension, 10 days held in abeyance for one year, 5 days served with fine in lieu of active 25290C Fort Collins Sale to Minor 08/01/21 suspension ($500). 14 days suspension, 10 days held in abeyance for one year, 4 days served with fine in lieu of active 27067B Denver Sale to Minor 08/27/21 suspension. 15 days suspension, 10 days held in abeyance for Conduct of Establishment one year, 5 days served with fine in lieu of active 35506B Fort Gllins (A) Orderliness 08/28/21 suspension ($500). 30 days suspension„ 20 days held in abeyance for one year, 10 days served with fine in lieu of active 25290C Fort Gllins Salc to Minor 09/01/21 suspension ($500). 7 days suspension, 4 days held in abeyance for one year, 3 days served with fine in lieu of active 26788D Colorado Springs Sale to Minor 09/01/21 suspension ($500) 7 days suspension, 4 days held in abeyance for one year, 3 days served with fine in lieu of active 34238A Johnst�wn Sale to Minor 09/01/21 suspension ($500) 5 days suspension, 5 days held in abeyance for one 13082B Colorado S rin s Sale to Minor 09/16/2l year, 0 days served. Excel #167539 1 2/13/2025 7-Eleven, Inc. Suspensions (Last 3 years - Colorado O�ly) STORE QTY NTY TYPE DA'TE D Pli 7 days suspension, 4 days held in abeyance for one I year, 3 days served by fine in lieu of active 17211 A Glenwood Springs � Sale to Minor 09/17/21 suspension. 08!27121 30 days suspension, 20 days held in abeyance for 23867A Denver I! Sale to Minor 09'24/2l one year, l0 days served. '� 14 days suspension, 10 days held in abeyance for one year, 4 days served by fine in lieu of active 35976B Denver I!Sale to Minor 09/24/21 suspension . —�— -- '� 7 days suspension, 4 days held in abeyance for one ' year, 3 days served by fine in lieu of active 20343B Colorado Springs Sale to Minor 10/01/21 suspension. I 7 days suspension, 4 days held in abeyance for one ' year, 3 days served by fine in lieu of active 32159C Coloralo Springs S, ale to Minor 10/O1/2l suspension. -� 15 days of suspension, 10 days held in abeyance for , onc ycar, 5 days scrvcd by finc in licu of activc 13171 A Fort ColFins Sale to Minor 10/Ol/21 suspension. 7 days suspension, 4 days held in abeyance for one year, 3 days served by fine in lieu of active 34035A Parker Sale to Minor 11/OU21 suspension. 5 days suspension, 5 days held in abeyance for a 13082B Colora�o Springs ��Sale to Minor I 1/01�21 year, 0 days served. 15 days of suspension, 10 days held in abeyance for one year, 5 days served by fine in lieu of active 35506B Fort Collins Conduct of Establishment I 1/Ol/21 suspension. Failure to renew liquor 15 days of suspension, 10 days held in abeyance for ; license within 45 days pnor one year, 5 days served by fine in lieu of active 26927B Fort Collins �t, o cxpiration datc _ 02/18/22 suspcnsion. � 7 days suspension, 4 days held in abeyance for one ' year, 3 days served by fine in lieu of active 34209B Avon � Sale to a Minor 02/27/22 suspension. Failure to renew liquor 15 days of suspension, 10 days held in abeyance for license within 45 days prior one year, 5 days served by fine in lieu of active 20104A Fort C�llins to expiration date 03/16/22 suspension. Failure to renew liquor 15 days of suspension, 10 days held in abeyance for �' license within 45 days prior one year, 5 days served by fine in lieu of active 26933 Fort C�llins to expiration date 04/21/22 suspension. 65 days suspension, 20 days closure, 45 days of 23867A Denver Sale to a Minor 0�4/22/22 closure held in abeyance for a year. 7 days suspension, 4 days held in abeyance for one year, 3 days served by fine in lieu of active 38361A Denver Sale to a Minor 06/01/22 suspension. 65 days suspension, 20 days closure, 45 days of 27067B Denver i Sale to a Minor 07/06/22 closure held in abeyance for a year. 7 days suspension, 4 days held in abeyance for one year, 3 days served by fine in lieu of active 37278A Monument Sale to a Minor 08/01/22 suspension. 7 days suspension, 4 days held in abeyance for one year, 3 days served by fine in lieu of active 34675B Aurora Salc to a Minor 09/01/22 suspension. Excel #167539 2 2/13/2025 7-Eleven, Inc. Suspensions (Last 3 years - Colorado Only) S'T'ORE ', QTY ' TYPE DATE D 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 37141C Denv�er Sale to a Minor 10/04/22 suspension ($500). 7 days suspension, 4 days held in abeyance for one 35600A Colorado Springs Sale to a Minor 12/01/22 year, 3 days served. 7 days suspension, 4 days held in abeyance for one year, 3 days served by fine in lieu of active 36714B Colorado Springs Sale to a Minor 12/01/22 suspension. j 7 days suspension, 4 days held in abeyance for one � year, 3 days served by fine in lieu of active 39731A Littletm Sale to a Minor 12/01/22 suspension. 7 days suspension, 4 days held in abeyance for one year, 3 days served by fine in lieu of active 15403B Federal Heights Sale to a Minor 01/01/23 suspension. i 7 days suspension, 4 days held in abeyance for one ycar, 3 days scrvcd by finc in licu of activc 23R11J Pueblo Sale to a Minor 0l/01/23 suspension. 7 days suspension, 4 days held in abeyance for one ' year, 3 days served by fine in lieu of active 3571B Brighton Sale to a Minor 01/01/23 suspension. � 7 days suspension, 4 days held in abeyance for one year, 3 ciays served by fine in lieu of active 39421A Parker ISale to a Minor 0l/01/23 suspension. � 7 days suspension, 4 days held in abeyance for one �, year, 3 days served by fine in lieu of active 13171 A Fort Cellins �, Sale to Minor 03/01/23 suspension. 7 days suspcnsion, 4 days held in abcyancc for onc year, 3 days served by fine in lieu of active 37220B Thorntnn Sale to Minor 04/0l/23 suspension. 7 day suspension; 4 days held in abeyance for one Failed to operate an orderly year, 3 days served by fine in lieu of active 38364A Aurora I',establishment. 01/06/23 suspension ($500). 4 day suspension, 10 days held in abeyance for once 32810B Denver Sale to Minor 02/10/23 year. 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 25902 Colorado Springs Sale to Minor 0S/01/23 suspension. 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 23546B Colorado Springs Sale to Minor 07/01/23 suspcnsion ($500). 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 24460B Securiry Sale to Minor 07/01/23 suspension ($500). 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 26683 Colorado Springs Sale to Minor 08/01/23 suspension ($500). ! 14 day suspension, 7 days held in abeyance for one I yeaz, 7 days served by fine in lieu of active suspension ($500), 4 days held in abeyance from 36714B Colorado S rin s Sale to Minor, Second 08/01/23 crvious violation im osed. Excel #167539 3 2/13/2025 7-Eleven, Inc. 9uspensions (Last 3 years - Colorado Only) STORE OUNTY TYPE DAtE D NARY ' 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 37141C Denv�er jSale to Minor 08/01/23 suspension ($500). 7 day suspension; 3 days held in abeyance for one � year, 4 days served by fine in lieu of active 23418B Aurora �Sale to Minor 09/08/23 suspension ($500). 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 38226A Arvada Sale to Minor 10/01/23 suspension ($500). 7 day suspension; 4 days held in abeyance for one ' year, 3 days served by fine in lieu of active 39853 Silverthorne Sale to Minor 10/01/23 suspension ($500). , 7 day suspension; 4 days held in abeyance for one ' year, 3 days served by fine in lieu of active 39067A Parker Salc to Minor ]0/01/23 suspension ($500). 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 38226A Arvada ISale to Minor 11/01/23 suspension ($500). 7 day suspension; 4 days held in abeyance for one ! year, 3 days served by fine in lieu of active 39583 Silvc�-thorne � Sale to Minor 11 /0 1/23 suspension ($500). 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 35622H Greenwoo Village Sale to Minor 01/0l/24 suspension ($500). 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 17299J Laketiwod I Sale to Minor 02/01/2�l suspension ($500) 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 34442K Denver Sale to Minor 0S/10/24 suspension ($500) 7 day suspension; 4 days held in abeyance for one year, 3 days sen�ed by fine in lieu of active 22358A Denver Sale to Minor 0S/10/24 suspension ($500). 7 day suspension; 4 days held in abeyance for one year, 3 days served by fine in lieu of active 38130A ColoradD Springs Sale to Minor 0S/07/24 suspension ($500). 7 day suspension; 4 days held in abeyance for one year, 3 days ser��ed by fine in lieu of active 21938A Denver Sale to Minor 03/27/24 suspension ($500). 7 day suspension; 4 days held in abeyance for one i year, 3 days served by fine in lieu of active 32747C Coloradro Springs � Sale to Minor 02/28/24 suspension ($500). � 7 day suspension; 4 days held in abeyance for one ' year, 3 days served by fine in lieu of active 35668A Denva � Sale to Minor 07/19/24 suspension ($500). 08'27/2l 30 days suspension, 20 days held in abeyance for 23867A Denva Sale to Minor 09�24!2l one year, 10 days served. 41743H Fort Lu ton Sale to Minor 10/18/24 Pending Excel #167539 4 2/13/2025 OFFICE OF THE SECRETARY OF STATE OF THE STATE OF COLORADO CERTIFICATE OF FACT OF GOOD STANDING I, Jena Griswold, as the Secretary of State of the State of Colorado, hereby certify that, according to the records of this office, 7-ELEVEN, INC. is an entity formed or registered under the law of T�Xa� has complied with all applicable requirements of this office, and is in good standing with this office. This entity has been assigned entity identification number 19871057047 . T'his certificate reflects facts established or disclosed �y documents delivered to this office on paper through 05/30/2025 that have been posted, and by documents delivered to this office electronically through 06/03/2025 @ 08:40:41 . I have affixed hereto the Great Seal of the State of Colorado and duly generated, executed, and issued this official certificate at Denver, Colorado on 06/03/2025 �u 08:40:41 in accordance with applicable law. This certificate is assigned Confirmation Number 17361868 . Secre:ary ot� titate ol the State uf Colorudo *�*:asse:ssa***s*s***sssss**:s*****ssr*►**:s*End ofCertificate+**sa*as��*s�*******s::*�*ss**+**s�s*�s3�*s* Nntice: A cartifcate issued electronica!/y /rom the Coloradn Secretan' c( State's �rehsire is (uRl' and immediately valid and e/j'ective. Hnwever, a.� an option, the issuance and va(idiry of a ceni�cate ohtained electronica!!y may be established by visiling the Validate a Cerli�cate page of the Secretary nj Srate's websire. ht�p.e '„ n ir rnl�,r�relns,,c.,tnr hi= ('rrnlrairr.Sewrh( rirrria dn entering the certi�cate's corfrmation number disp(aved on the certiJicate, and jo!lowing the iiutructions displayed. Co��frminA the issuance o�a certi�cate is merefy optiona! and u not necessary �o the va[id and e�ective issuunce oj a certi/icate. For more injormation, visit our website, lu�ps:, �nnr.colarudusuc.�or click "'Businesses, lrademarks. lrade numes"rmd select "'Freyuent/v Asked Questions. " PREPARED BY AND WHEN RECORDED MAIL TO: ?-Eleven, Inc. Atm: Legal DepaR. 3200 Hackberry Road Irving, Texas 75063 [ OO2 — 2`i �l U`-13C�2 —Z t SPACE ABOVE THIS LINE FOR RECORDER'S USE ONLY New Stare No. 39510 Original Store No. 714 3914 State Highway 119 Longmont, Co�orado 80504 ASSIGNMENT AND ASSUMPTION OF LEASE AGREEMENT AND MEMORANDUM OF LEASE This Assignmenl and Assumption oj Lease Agreement and Mernorandum oj Lease ("Assi¢nmeut") is made and entered into this 23 day of March , 2020 (the "Effective Da e"), by and among CARPCO, LLC, an Iowa lunited liability company ("AssiQnor'°), snd 7-ELEVEN, INC., a Texas corporation ("Assienee"). WFiEREAS, Assignor, as seller, and Assignee, as buyer, are parties to that certain Asset Purchase Agreemeat, dated January 31, 2020 (as the same may be modified from time to time, the "Goatract"), providing, among other things, for the sale by Assi�or and the purchase by Assignee of Assignor's leasehold interest in that certain propeny ]eased by Assignor and owned in fee by Burger Avenue Investments, LLP, a Cotorado registered limitad liabilit}+ partnership ("Lsndiord"), at 3914 State Highway 119, Longmont, Colorado 80504, as deseribed oa Exhiblt A attached hereto and made a part hereof (the " r e"), pursuant to (i) that certain Ground Lease dated February 1 S, 2011 by and betweea Landlord, as landlord, and J.D. Carpenter Companies, Inc., an Iowa corporation ("OriQlnal TenanY'), as tenant; (ii) as modified by that certain Notice of First Extension oj Enritle»�nts Period and Amendment to Lease dated A�gust l 1, 2011 by and betwcen Landlord and Teaant; (iii) as m�ed by that cectain Notice oJSecond Extension ojEntitlements Period and Second Amendment to Lease dated September 1 S, 2011 by and between Landlord and Tenant; (iv) as modified by ihat certain Notiee of Third Extension of Entitlements Period dated October 13, 2011 by and between Landlord and Tenent; (v) as amended by that certain Fourth Aniendment to Lease datod December 16, 2011 by and between Landlord and Tenant; and (vi) as assigned by that certain Assignraent of Ground Lecrse dated February 24, 2012 fmm Original Tenant, as assignor, to Landlord, as assignee (collectively, the "Lesse"). The Lease is evidenced by the recording of that certain Mesnorandum of Lease dated January 24, 2012, recorded December 27, 2012 as Document Number 3898902 with the Clerk and Recorder of Weld County, Colorado (the "Memorandum of Lease"); and 624Q5345v.2 WHEREAS, the Contract provides for Assignor to assign to Assignee, and for Assignee to accept assignment from Assignor, of all of Assignor's right, tide and interest in and to the Lease and the Memorandum of Lease; and WHEREAS, pursuant to the Contract, Assignor is required to execute and deliver to Assignee this Assignment; and WHEREAS, Assignor represents and warrants that it has the full power and authority to enter itto this Assignment. NOW, TTiEREFORE, in consideration of these promises, the mutual covenants and conditions contained herein, and in the Contract, and other good and valuable consideration, t6e receipt and sufficiency of which are hereby aclmowledged, the parties agree as follows: 1. Recitals. The foregoing recitals aze true and correct in all material respects and are incorporated herein by reference. 2. Cakitali2ed Terms. Any capitalized terms used but not defined in this Assignment shall have d�e meanings ascribed to such terms in the Contract. 3. Assi¢nment of Lease. Assignor hereby grants, conveys, sells, assigns, transfers, bargains and delivers imto Assignee, and its successors and assigns, all right, title aeid interest of Assignor as tenant under the Lease TO HAVE AND TO HOLD all right, title and interest of Assignor under the Lease unto Assignee and its successors and assigns forever. 4. Assumotion of I.ease. Assignee hereby accepts delivery of Assignor's interest in the Lease, and expressly agrees that from and aRer the Effe+ctive Date, Assignee will assume and faithfulEy perform all obtigations and covenants to be performed by tenant under the I,ease. Assignor expressly agrees to remain liable for any and all obligations and covenants to be performed by tenant under the Lease prior to the Ef%ctive Date. 5. Assienment of Memorandum of Lease. Assignor hereby assigns to Assignee all of its rights and obligat�ons as tenant under the Memorandum of Lease. 6. Effective Date. This Assignment shall be effective on the Effective Date. 7. Goveming Law. This Assignment stsall be construed, performed and enforced in aocordance with the Iaws of the State of Colorado. 8• Conflict and Inconsistencv. To the extait any conflict or inconsistency aasts between the provisioas of tlus Assignment and the Contract, the terms of the Coniract shall prevail. 9. Counter�arts. This Assignment may be executed in one or more counterparts which shell collectively be deemed an original, but all of which shal! constitute one and the same instrument. IN WITNESS WHEREOF, the parties hereto kave executed this Assignment d%ctive as of the Effective Date. [THE REM,4I]VDER OF THIS PAGE INTENTIONALLYLEFT BLANK SIGNATURE PRGES TO FOLLOWJ 62ms�as�.2 [SIGNATURE AND ACKNOWLEDGMENT PAGE OF ASSIGNOR TO ASSIGNMENTJ WITNESS the following signatures. CARP+CO, LLC, an Iowa limited liability company � � J. David Ca ter Iil, Sole Man r ACKNOWLEDGbIENT STATE OF T ��, co�urrrY oF Q� lk This instrument was acknowledged before me on �p,,� G� �, 2020, by J. David Carpenter III, as Sole Msnager of CARPCO, LLC, an Iowa limited liabiliry company. �. � s RIaIAR� A. MALM 1—�--""_' :. ��: � O�°r"y"'�'"N""�"� N TARY PUBL • No,�.e.r� � ' MyCommissionexpires: 1•>a J.Zb u�� ���� ---, 62405345v.2 62657319v.2 (5IGNATURE AND ACKNOWLEDGMENT PAGE OF ASSIGNEE TO ASSIGNMENTJ WITNESS the following signatures. 7-ELEVEN, INC., a Texas corporation Attest: 1 , � -- ,� • ; � By� r'•�i � .«..� �i � � � ! �. �t �1 Robin D. Bryant, , �� "'-- � Name: Name: �8f1 C.1NIIi���il'h�� . �� � Title: Aasistant secratary Vice President ••� • � Tide: • .� •�it�' ACKNOWLEDGMENT STATE OF TEXAS § § COUNTY OF DALLAS § BEFORE ME, the undersigned, a Notary Public in and for the aforesaid County and State, on th'ss day personally appeared 18n C. Willi{8�1S and Robin D. Bryant a(an) Yce President and a(an)AScictant Sectet� , respecdvety, of 7-ELEVEN, 1NC.,�a Texas corporation, known to me to be the persons whose names are subscribed to the foregoing instrument, aad aclmowledged to me that the same was the act of the corporation and that they each executed the same as the act of such corporation for the pwposes therein expressed and in the capacities therein stated. �GIVEN LJIYDER MY HAND AND SEAL OF OFFICE this i�� day of L/�l 2020. / Signature: (seal) ' �'� �� •.` :.. '�• :! Typed or printed name: Vctona Baa� ? , 1 , .� ' _. ,� ' � My commission expires: !C�" /�� �/ t � . �. - , .. . _ ,. 62405345v.2 Exhibit A Dcscription of Property 'Iiie real property referred to herein is situated in the Counry of Weld, State of Colorado, and is described as follows: Parccl I: A Vxt of land siluate in the NE 1/4 of the NE 1/4 of Section 10, Township 2 North, Range 68 West of the 6th P.M., Weld County, Colorado, described as follows: Beginning at the NE corner of said Section 10, thence South 89°31' West 450 feet aloag the North line of the NEI/4 of said Section 10, thence South 30 feet to the South right-of-way line of Highway No. l 19 (formerly Imown as Highway No. 25), the True Point of Beginning; thence South 89°31' West 65 feet along said South right-ad=way line of said Highway; thence South 45°0S' West 234.1 feet along ihe easterly side of an imgation ditch; thence South 49°35' East 303.0 feet; thence NoRh 362.7 feet more or less to the True Point of Beginning; EXCEPT that parcel in Rule and Order recorded January 19, L 995 at Reception No. 2423540, County of Weld, State of Colorado; and further EXCEPT that portion conveyed by deed re�orded January 15, 1971 at Reception No. 1560570. Parcel II: That �act of land located in the NE U4 of Section 10, Township 2 North, Range 68 West of the 6th P.M., Weld County, Colorado, being more particalarly described as follows: Commencing at the NE comer of said Section 10; thence along the North line of said NE1/4 South 89°31'00" West 450.00 feet whence the North 1/4 corner thereof bears S89°31'00" West 2191.17 feet; thence S00°00'00" East 392.20 feet to the Northeast corner of that tract of land knovm as Parcel 1 as described by Deed recocded at Reception #01932647 of Weld County Records and the Point of Beginning; theace South 90°00'00" West 195.00 feet; thence North 00°00'00" West 166.02 f'eet to a point on the northeasterly line of that tract of land known as Pancel 2 as described by Deed recorded at Reception #01932647 of Weld County Recads; thence along said northeasterly line South 49°35'20" East 256.10 feet to the Point of Beginning, County of Weld, State of Colorado. 6xaos3as�.i Property #714 7-Eleven Store #39510 39t4 State Highway ll9 Longmont, CO GENERAL ASSIGNMENT AND BILL OF SALE THIS GENERAL ASSiGNMENT AND BILL OF SALE ("Assi nmenP'), by and between JKDE, INC., a lowa corporation (the "Assisnor"), and 7-ELEVEN, ING, a 1"exas corporation ("Assi nee"), is made and entered into effective as of 23�d day of March , 2020. Recitals Assignor and Assignee have heretofore entered into an Asset Purchase Agreement dated as of Jan�ary 3l, 2020 (the " reement"), providing, among other things, for the sale by Assignor and the purohase by Assignee of certain asseu owned and held by Assignor in connection with Assignor's ownership and operation of a convenience store and motor fuels dispensing facility located at 3914 State Highway I 19, Longmont, Colorado (the "Premises"). Pursuant to the Agreement, Assignor and Assignee are required to execute and deliver ihis Assignment in connection with the consummation of the transaction contemplated by the Agreement. Any capitalized term used but not defined in this Assignment shall have the meaning ascribed to such term in the Agreement. NOW, THEREFORE, in consideration of these premises, the mutual covenants and agreements contained herein and in the Agreement, and other good and valuable consideration, the receipt and sufficiency of all of which are hereby acknowledged, Assignor makes the conveyances and assignments, and Assignee makes the assumptions, and Assignor and Assignee covenant and agree as set forth in the following provisions of this Assignment, to-wit: 1. Convevance and Assi¢nment of Assets. By this Assignment, Assignor has granted, conveyed, sold, assigned, transferred, bargained and delivered, and hereby grants, conveys, sells, assigns, transfers, bargains and delivers, unto Assignee and its successors and assigns, all right, title and interest in and to the Assets, consisting of, without limitation, (i) Store Equipment, (ii) Merchandise Inventory, (iii) Motor Fuels Inventory, (iv) Supplies, (v) Fixtures, (vi) Goodwill, (vii) Existing Permits, (viii) Motor Fuels Equipment (as described on Exhibit A attached hereto), and (ix) other personal property relating to the operation of the Store Business located on the Premises, excluding the Excluded Assets (such assets being transferred, collectively, the "Subject Assets"). TO HAVE AND TO HOLD the Subject Assets granted, conveyed, sold, assigned, transferred, bargained and delivered pursuant to the preceding provisions of this paragraph 1 to Assignee and its successors and assigns forever free and clear of all liens, interests and encumbrances. 2. Governin� THfS ASSIGNMENT SHALL BE CONSTRUED, PERFORMED AND ENFORCED lN ACCORDANCE WITH THE LAWS OF THE STATE WHERE THE PROPERTY IS LOCATED WITHOUT REGARD TO PRINCIPLES OF UONFLICTS OF LAWS. 3. Conflict and Inconsistencv. To the extent any conflict or inconsistency exisis between the provisiom of this Assignment and the Agreement, the provisions of the Agreement shall cortitrol. This Assignment shall not alter or diminish either party's obligations under the Agreement, including but not timiled to, indemnification obligations. �zbe%o�� i 4. Counteroans. This Assignment may be executed in one or more counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument. EXECUTED as of the day and year first above written. ASSIGNOR: JKDE, INC., an Iowa corporation By. �A�4� �,AYrl,In,{t.Y' Name: J. David Carpenter 1[[ Its: President ASSIGNEE: Attest: 7-ELEVEN, INC., a Texas corporation gY � I'✓j^ g�,: �-� Keneisha M. Miller T�iame: Ian Williams Assistant Secretary Its: Vice President 712/3�528 62 6 9 915 0 7v. I Property #714 7-Eleven Store #39510 3914 State Highway 1(9 Longmont, CO EXHIBIT A Motor Fuels Ec�uipment Tank Number 1 2 20,000 Capacity 20.000 (8.000/12,000 s lit Substance Stared Gac G�` Diesel Instailatian Dete 4/1�2012 4/1/2012 Construction Fiberglass Fiberglass Singk a Double Wall p�bie Double Tank Cathodic Protection Na No Elecva»ic Tank Gauge TLS 350 TLS 350 M�ufaaurer Yeeder Rnot Veeder Roa lnterstitial Monitor Yes Yes Containnxnt Sump Yes Yes Sump Sensor Yes Yes Alarm or $6ut ofl' Ya Yes Overfill Type Auto shutoff Auto shuroff Stage I Vapor Recovery Yes Yes Stage 2 Vapar Recovery n/a Na Stage 2 System Type n/a n/a Subnxnibk Pur►� unknown unlmown Leak Detector Electronic Elxvonic Product Pipe Flex Flex Double wall Yes Yes r��1�z1�� ASSIGNMLNT Ol�' GROUND LLASE TfDS A33ItiNA�1T OF GROUND LEA� (this "Assi�t"j, dabed aa of the ��iy„ day of Febna�y. 2012, is msde by aad b�ween J.D. C.ARPENTER OOMPAMES, INC., an Iowa oorpo�ation ("Assigno�'), and CARPCO, L.L.C.. aa Iowa l�it�ed lia�ity comPmY ("Aasigoce'�• �% A. Su�ger AveaUe Inv�►eat�, LLP, a Coloiado regisberad limited liability P�'��P+ es tHe "I,andloid," aad Assigaar, as the "Tenant," ue partiea io a certain C�und I.ease datod as of FebQuety I5, 2011, sa sabaeque�tly ameuded, demising cerlam cea! propaty Iocatod in uninoaporated We1d Couuty, Colorado, havi� sn addcess of Z914 Colotado Highway 119. Long�o�ont� Colorado (the "Lease"). B. Assignor end Assignee are affiliates of one a�d�er, in that they ei+� cam�olled by common majorily owneiehip intecests. Aseignor bas � to assigu the Lease to Assignee, ead Aaaignee hes d�roetmined to accept such a�sigament. NOW, 'IT�REFORE, ia conslderation of the above p�mi�es, and the mutual cov�nts and agreem�ts sd foith haein, tbe gartias egrae aa folows: 1. Assignor heieb3' �Bns the T.ea9e and all of tl� Assigaor's right, titk and in�sst then�der to the Aastgeee, cfliective as af the coman��mt da6e of tbe oerm of the Leaae, which is Janasry 24, 2012 Assigaea heraby ecapfs t�e assigoment of the I.eaae �d Asaig�ma's right, title snd iaoete�t thazvnder� ag�ees with ead fnr Assignor and I.endla�d �o be bound by sll tha taams aad provisioa4 of tho Lease, a� 6ec+eby assumes for the bemefit of Assi�gnac ead Laadlaed all obli�ia�ss and daries of tbe Tcnant � the I.ease ��vm aad aRer �e date of this Aaaignmmt Assigaoc acl�wledges for the benefit of Lmdlor�d that Aas�nor will remasa liable fa the obligatiams of the Tenaat uoder tu I.ease unless and �m�il tl�re is a besis for Assignor's idea� ft+om liability under ffie te�s of Sedion 16(a) of tl�e Leasa. 2. This Assigcment ahall be bindiag apon aad imare to the benafit of Assignor and Assigoee aad �ir ra�pectiva �cceuars and assigns. 'Ibis Assigm�ent she11 be goveened by sad consh�od in axardancx with tlu laws of the State of mlorado� withart referonc,e to ita ohoice of laws pdnciples. I�p�olPeB� ���� ���1 � IN W1INESS �VHERF.OF, Aasignor and Assigaee have mada thia A�i�ommt of (tiround I.easc effective as of dx dty, month and year fust above wdtten. A33IGNOR J.D. CAI�'EIV'fE[t COMPANIFS, INC., ea Iowe aorporation By, � .--'i G'' Dave Cat�n , Presldent A33YGNEE: CARP(.`O� L.L.C., an Iowa 1"mutied liabilit�' c�mpan7 r-, By nm c� , r�ia�nc � �g09eZ Pay�s: 1 of S 1 t2i�/no'ir:.leiKpk w�na n•�edpi:,�3�:'e �cs�}r+�tv��� Co ���i����i��n������1� nl���l��r�n����1� ���� MEMORANDUM LEASE THIS MEMORANDUM LEASE (this "Memorandum") is made as of the 24th day of January, 2012, by and between BURGER AVENUE INVESTMENTS, LLP, a Colorado rcgi�eied limited liability partnership ("Landlord"), and CARPCO, L.L.C., an Iowa limited liability companY ("TenanP'). RECITALS: A. Pursuant to that certain Ground Lease dated as of February 15, 2011, and made between Landlord and Tenant's predecessor in interest and assignor, J.D. Caipenter Companies, Inc., an lowa corporation (ihe "Original Tenant'7, as subsequently amendcd between Landlord and Ori�nal Tenant (the "Lease"), Landlord has leased to Tenant ar►d Tenant has leased from Landlord certain real property in the County of Weld, State of Colorado, that is Icgally described on Exhibit A attached hereto and inoorporated heran by this reference (the "Demised Premises"). B. Landlord and Tenant have mutually de�ermined to enter into and record this Memoranducn in order to establish recond evidence and provido reoord notice of the Tenant's leasehold interests in the Demised Premises and other ri�ts and interests under the Lease. NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth in the Lease and in this Metnorandum, the receipt and sufticiency of which are hereby acknowledged, the parties hereto agree as follows: l. Demise. Landlord has demised and leased and hereby demises and leases the Deaused Pnemises to the Tenant, and the Tenant has accepted and dces hereby accept such demise and lease, to have and to hold for the Term (as defined below) upon all the terms and conditions set forth in the Lease, which urms and conditions ere incorporated hercin by this reference and made a part hereof. 2. Term. The term of the Lease and of ihis Memorandum (the "Term") shall initially be for a period of approximately 15 years, commencing on January 24, 2012 (the "Commencement Date") and expiring on the last day of the ] 80'" fuil calendar month following the Commencement Date, which is January 31, 2027. 3. Extension Ogtions. Landlord has granted and hereby grants to Tenant options to extend the Term for four (4) successive, consecutive periods of five (5) years eac6, all in aceordance with and subject to the applicabte krms of the Lease. Landlord and Tenant shall oxecuce and record in the real propetiy records of Weld County, Colorado, a mutually agreeable form of supplement to this Memorandum with respecx to any such extension(s) of the Term: provided, however, any failure to so execute and record any supplement(s) shali not affect the vaiidiry of any extension(s) of the Term, and such extension(s) shall be of fult force and effect If Tenant docs not exercise an option to extend the Term, Tenant shall execute and deliver to Landlord a statutory form of quit claim dced with respect to the Demised Premises, the Lease and arry rights granted or referenced in this Memora�dum; provided, however, arry failure of Ncs. s��?��S(� � 389890� Pa9ea: 2 ef B � 12/Z7/�12 11:47 AM R Fu:=31.00 Stw� Mxaie, Cl�rk antl R�vorder. Wld County. CO �n��i���i�i��i��'���+��� ���i�i���ll����'��"1 ����� Landlord to record in the real property records of Weld Counry, Colorado, such quit claim deed shall not affect the validity of any termination of the Lease. 4. Rivht of First Offer. Landlord has granted and hereby grants to Tenant a right of first offer to purchase the Demised Premises in accordance with and subject to the applicable terms and conditions of the Lease. 5. Other Provisions. In addition to the terms of the Lease referenced herein, the l.ease wntains numerous other terms, covenants, con�'itions and provisions which af£ect the Demised Premises, and notice is hereby given that reference should be made to the Lease direcdy with respect to ihe details of such other terms, cavenants, conditions and provisions (all af which shall constitute a part of this Memorandum). This Memorandum does not alter, amend, modify or change the trnns of the Lease in any respect, and is executed by the parties hereto for the purpose of recordation in the real property records of Weld County, Colorado, in order to Sive nouce of and to confirm the Lease and all of its provisions to the same extent as if all of the provisions of the Lease were fully set forth herein. This Memorandum shall generally be corsstrued as su�lemental to and cumulative with the Lease, but in the event of a�+ conflict between the provisions of this Memorandum end those of the Lease, the provisions of the Lease shall control. 6. Successors and Assigns. The terms and provisions of this Memorandum shall be binding upon and inure to the benefit of Landlord and Tenant and their respective successors and accigns. 7. Countereerts. 'I'his Memorandum may be executed in any nurdber af counterparts, each of which shali constimte an original, and which together shall constitute one and the same insmm�ent. [SignAture blocka tolb�v on next page] 3888S02 Pa�ss: 3 ef S 12/2Y/Zl12 11:47 pN R Fn :=31.N Slw� +brnw Cl�rk �nd R�oard�r, Wld CountY� CO ��� �i�i��l����'�Ki��i�'�I� � � i����� �'� �� ��� IN WITNESS WHEREOF, Landlord and Ten�t have executed this Memorandum effedive as of the date first set forth above. LANDLORD: t BURGER AVENUE iNVESTMENTS, LLP, a ! Colorado registered limited liability parmership , f B. t L rn, Managing Partner STATE OF COLORADO ) ) ss. COUNTY OF �`�'�f �� ) The foregoing instrument was ackaowledged before me this � day of 20I2, by David L. Osbom, Managing Partner of Burget Avrnue Inveshnents, LLP, a Colorado regiStered lunited liability partnership. Witness my hand and official seal. My commission expires: ��'[ � �� / � JEANNE T. SANFORD � Notary Pubiic No Pubtic State of Colorado ''M C°�""� �N ��nsut s signature block follows on next page] IiETURM 70: Frft Mleric�n iltle Yul�lO� 00. fbwond Con�nMidd B�rNo�s a01 DlooMt FMM.Bu� 1i00 Mn�pol�, MN 56102 4T� 6S.� 389i992 P�y�s: 4 of S tzinizet2 is:�� a+ R F��;f31.!! St�w fbr�rq. Cl��k �rd R�eorWr; Meld Cevity, CO ��n�i��i����'����,1� ������'`���"� ����� TENANT: CARPCO, L.L.C., an [owa limited liability company '7 �� By: ��G�-�.� . Da�ve Carpenter, President `s v T,��k STATE OF �B6- ) ) ss. cotnvz-v oF P� ��� � The foregoing instrument was acknowledged befnre me this �� day of Furn �.-, 2012, by Dave Carpenter, President of Carpco, L.L.C., aa Iowa limited Gability company. Witness my hand and official seal. My commission expires: /d f 7�a ��3 No--�.�L ��__ � ���� uy Public i��ryli � 3899802 Pa9�s: S of S s?::7noe:rw.3ci:�i �a � oFo�d:�w:l�d cou+tv: co ����i����i�������i���������"� ���i EXHIBTT A Demiaed Premises PARCEL I: A TRACT OF LAND SITUATE IN THE NE l/4 OF THE NE 1/4 OF SECTION 10, TOWNSHIP 2 NORTH, RANGE 68 WEST OF THE 6TH P.M., WELD COUNTY, COIARADO, DESCRBED AS FOLLOWS: BEGINNINO AT THE NE CORNER OF SAID SECTlON 10, THENCE SOUTH 89 DEGREES 31' WEST 450 FEET ALONG THE NORTH LINE OF THE NE 1/4 OF SAID 5ECTION 10, THENCE SOUTH 30 FEET TO THE SOUTH RIGHT-OF-WAY LINE OF HIGHVJAY NO. 119 (FORMERLY KNOWN AS MGHWAY NO. 25), T'HE TRUE POIN'T OF BEGINNING; THENCE SOUTH 89 DEGREES 31' WEST 65 FEET ALONG SAID SOUTH RIGHT-OF-VJAY LINE OF SAID HIGHWAY; THENCE SOUTH 45 DEGREES 0S' WEST 234.1 FEET ALONd THE EASTERLY SIDE OF AN IRRIGATTON DI'TCH; THENCE SOUTH 49 DEGREES 35' EAST 303.0 FEET; THENCE NORTH 362.7 FEET MORE OR LESS TO THE TRUE POINT OF BEGWNING EXCEPT THAT PARCEL IN RULE AND ORD�R RECORDED 3ANUARY 19, 1995 AT RECEPTION NO_ 2423540, COUNTY OF WELD. STATE OF COLORAD�. ALSO EXCEPT THAT PORTTON CONVEYED BY DEED RECORDED JANUARY 15, 1971 AT RECEPTION NO. 1564570; iogether with all improvemenu thereon and appurtenances thereto. PARCEL II: THAT TRACT OF LAND LOCATED IN THE NE 1/4 OF SECTION 10, TOWNSHIP 2 NOdtTH, RANGE 68 WEST OF'TI� 6TH P.M., WELD COUNTY, COLORADO, BE1NG MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NE CORNER OF SAID SECTION 10; THENCE ALONG THE NORTH LINE OF SAID NE 1/4 S 89 DEGREES 31' 00" WEST 450.00 FEET WHENCE THE NOR7H 1/4 CORNER THEREOF BEARS S 89 DEGREES 31'00" WEST 2191.17 FEET; THENCE S 00 DEGREES 00' 00" EAST 39220 FEET TO THE NORTI�AST CORNER OF THAT TRACT OF LAND KNOWN AS PARCEL 1 AS DESCRIBED BY DEED �ECORUED AT RECEPTION #01932647 OF WELD C'OUNTY RECORDS AND TNE POINT OF BEGINNING; 7HENCE S 90 DEGREES 00' 00" WEST 195.00 FEET; THENCE N 00 DEGREES 00' 00" WEST 166.02 FEET TO A POINT ON THE NORTHEASTERLY LINE OF THAT TRACT OF LAND KNOWN AS PARCEL 2 AS DESCRJBED BY DEED RECORDED AT RECEPTION #O(932647 OF WELD COUNi'Y RECORDS; THENCE ALONG SAID NORTHEASTERLY LINE S 49 DEGREES 3S 20" EAST 256.10 FEET TO THE POINT OF BEGINNING, COUNTY OF WELD, STATE OF COLORADO; to6ether with all improvements thereon and appurtenances thereto. FOURTA AMENDMBNT TO L1CA3� THIS POURTH AMBNDMBNT TO L&1SE (thie "AmeadmenY') is made as of Deocmber l6, 201 i, betv�ecn BUROFR AVENUE INVESTMENTS, LLP, s Colorado regiscered li�nixd liebitity pedneBhiP ("Landlvtd"}, end J.D. CARPF.�rI'ER COMPANI$5, INC., aa Iowa corporation ("Taoent"). RBG7TAIS: A. Lsndlord and Teaent are pmties to that certein (3round Lease dated Fobruary 15, 3011, for tho daniso of 39t4 Colorado Hwy 119, Loagmon; Colorado (the "Ori� Lease'�, es ama�ndad by (i) a Nodce of, ��st Bxtension of EntiUements Period and Ameadmeat tio Lea.0 made betvreen Landlord and Tau�nt and dated es of Aug�st 11, 20I1, ('ii) e Notice of Seoond bkDeasion of Eatitlemmb Poriod and Second Amendment b Leese made between LandlorA end Taient and dated es of 3eptember 15� 2011, and (iii) a'Ihird Amw�nent to Lease mede lutwcen Landlord and Tenant and daoed Novomber 16, 2011 (eollectively the "Lease'�. lnitiall� eapitatized terme uaed but aot de8ned in this Amendmmt shall have ihe meanings given the� nnder the Original laaaa g, Pursuant to tha terau of the I.eese, ttre lai day of fhe Entitlements Period hes baa extwded to tbc data of this Ameodma�t, or December 16, 2011. L,andlord end Tenarrt have mutually determined to fiuther extend the Eatitlementa Period pursuant ro the terms of this Amandmmit NOW, TI�3REFORE, in conaideration of. the abwe premises, and for other good a�d vsluable consideratioq the raxipt and sufficiency of wbic3� are lxreby acknowledgcd, Landlord and Tenant covenant sed egnee as follows: l. FL�1+�* Bxtcn+�on of Eatiderasst►ts Period. Thc fintiflements Period, as pre�ady expiring on the date of lhis Amendm�nt� or poeamba 16, i011, ie hetaby fLrtha exteaded tbr an eddidone130-day pa'tod (tlie "SAcoad Addidonal Entide�enta Bxtension Period"), �vnning from the da0s Laeof to and iaclnding January 17, 2U12 (Jaauery 13, 2012 being a Sunday, and January l6� Z012 boiag a nationai holiday). In considejation of thia ftuther axta�ion, on or befa�e ttie date of this Amendment Tes�ant shell psy Lsndlord the fluther aum of 57.500 (the "Second Additional Batension PaymeaY�. which payment will ba governed by the provisions of Seotion 2(� of the Original Lease that ap�ied to the E7,500 papme�s for the �rst three (3) 30-day ext�ensioas of t�e Bntitlementa Pcriod. Notwithslanding the foregoing, hov�ver, in the cveat the Tenaot, at eny titae during the Second Additioml Entide�ents Extension Pariod, gives the Landbrd mtica that the Entidernents Condition bas been satis5ed or waived; than Tenant will receive credit against Rent for ihe proportianate shae of the Second Additional Bxtenaion Payment, allooable ot► a per dian basis, W the ranaiang portion of tho Second Addidonal Entitlements Extension Pcriod falling after the date such notico ia givea 2. �. This Atn�a�dtnwtt coaNi4utes a modificadoa to the terms of the L.ease, Exxpt as expn�s�ly modified hareby� the Lense sha! remain in full force and affeet in a�cco:dance with itr smted pibvisioas: Lendlond aad Tennnt hereby ratify and leConfiTm the tarms of the Leas�, suFg"ect fo the terms of this Amendment. iww.i 3. �. This Amendment shall be binding upon aad irnu�e to the baieSt of Lendlord and Tenant and thcir respoctive suaxssore and permitbed assigtx.ss, and shell (x govemed by and con:trued ia acootclenco with tbe lawe of the Stete bf Coloredo. This Amendment may be execated in couaterpa�ta, each of which shall constitute an orlginal, and which mgot6er shall consdtute ona snd the same instmmant FiFher party may make leQal delivocy of ita algned counter�nrt by �ail or fscsimile tranemiesion of a copy theteof. fBalance of page lntuieio�sllj� 1�,/i 61ankJ IN WI1N653 WHERE� Landlord end TcasTrt 6ave made this Fourth Amendment to L,cAse efPecEive as af tM dau tirst �et farth abova. LAI�IDIARD: BUROEIt AVENUS INV�3'1MSTTtS, LLP, a Colorado registered.limioed �iability partnaship �Y, �•�,�,_. _.,. _. vid L Us eging Partner (Tenant's rignatura bfockjollows on nezl�ge] �a TENAiVT: J:D. CARPEIVTER COMPANIB�, INC., en Iows corporation �y. Dava Carpenter, resident ,ono,.i NO'FICE OF THIRD EXTENS[ON OF ENTITLEMENTS PLRIOD Landlord, Burger Avenue [nveshne�its, LLP. a Color�o registered limited liability pardxrship, and TenacN� J.D. Carpentea Companies, lnc., ente�ed into a Ground Lease for 3914 Coloredo Nwy 119, Longmont, Colorado, deted F�brvary I5, 201 �(the "Leasa'�. Section 2(d) of U�e Lcase provides that iftha Development Approvals a� Permits are not obtaiaed by 180 days after tbe exa�tion of the Lease (August 15. 2011. since Augast 14, ZUl l, is a Sunday), Tenaut shall have the right to extend d�e Eadtlements Period for throe (3) successive thiny (30) day periods. Tl�e parties executed a Notice of Firat Pactension of Entitlements Period end Amendment to Lease dated as of Aagust i l, 2011 (t6e "rirst AmendmenY�, wl�ich implementod the first 30- day extension af the Entitlements Pedod, extending it until 3epoember 15, 20l l. 71►e parties sigaed a Second Notice of Extension and Amardment to Lease dated Septembea 15, 2011 (ths "5xond Amendment") extcnding the Entidement Periads to October l7, 2011, Tenant hereby gives Landtocd notice that it is extending the En6demcnts Period for iti third additional thidy (30) days to and 'uicluding November t 6. 2011. Landtad hereby accepts this insaument as such notico. Tenant will pey the third extensiou fee of S7,S0Q.U0 on or before October 17, 201 I. Bxcept as modi&ed by the First and Secoad AtYendments, the Lesse shalt remain in full foi�ce and effect in accordence with its provisions. laitially capitaliud terms uaed but not defined herein shall have the meanings given them u�der the L.ease. This insuument may be exccuted in counterparts, which together shall coastitste oae and the sama instnmiau. Either pa�ty may meko legal delivery of its signed caRwterpa�i by e-mail or facsimile transmissiou of a copy thercof. Dated this � 3 day of October, 241 l. LANDLORU; IIURGER AVfiNUS INVESTMENTS, LLP y .� L, . -�-�� 13�1 .��. By: - Davi L. bsborn, Date Managing Pa+Rner �� TbTiANT: 1.D. CARPEtJTER COMPAN , C. B,. , /0 / �/I r, Dau �'la�jc�� �f�cr :Tr l�'��r/ �o�,n1 �� / ri;r�i ��lf �l � y l 2E2"� %`��h (� NOTICE OF SLCOND EXTEN3ION OF PERIOD AND SECOND AMEI�IDMENT TO LEASE Laadlord, Barga Aveauo Investrnents, LLP, a Colorado registerod limited liability partriaship, and Tenant. J.D. Carpenter Compenies, Iac., anured i�o a Qround Lease for 3914 Colorado Fiwy 119, Longmont, Colorado, dated Fettuary I5. 2011 (the "I.ease'�. Section 2(� of the Lcase provides diat if the Development Approvals and Pelmits are not obtained by I 80 days efter the execution of ihe Leax (August i S, 2011, since August 14, 2011, is e Sunday), Teneut a6a1) have tho right to exund the Entidementa Period far t6ree (3) suocessive tlurty (30) day pertods. The parties cxec�ted a Notice of First Exbension of Entitlemeots Period and Amendmcnt m Lease dated as of August I1, 2011 (tho "F'�rst Ameadm�t'�, which implemeirted the fast 30-day exteasion of the F.nttdemenb Period, extending it w�tit September 15, 2011. Teaant iereby gives Leadlord aotice that it is extending the Entitkmeats Period for its sccond additional birty (30) days to ud including Odober 17, 2011 (October 1 S, 201 l is a Satiuday). Lendlord ►ereby accepts d�ls ins�►unent es euch nodoe. Tenent reserves the dght to further extet�d the EntitbemerNs Perlod av providod in S�ction 2(� of the Leese. Tenant pmeviously depositsd with Landlord the sim of $15,000 pursueat to Section 3(i) of !he Leasc as pro-paid aeut. Landlord aad Tenant aclrn�wlodge that under Section 2(� of the I.easa, the axtenaion fae for this ea;ond exteneion of the Entitleme�nts Period is 57500.00 es►d is non-refundabb aubject to the tams of Socdon 9(e) of the Lease. I.andlord and Tenant now flntha agroe that Lanilotd shall apply 57500.00 of the eforesaid 515,000 payment for this �econd euteo�ion petiod in eatisfaction of the required extension fee, and shall deduct that sum from pn-paid t+ar�t� leaving the aum of S0 es prapaid rea� 3hould both the F�tidema�ts Co�ltcion snd Permits Condition be setisfied, within 5ve (S) businaas days thereafter Teneat wil! ro-deQosit the a 15,000 prepaid rent, which will be applied to Basic Rent paya►ent� next owIng. Exceprt as�modified henby end by the First Amwdment, the Leaee shall remein i� full Eurce and effect in axordanee with iLv proviaiona initisUy c�pitalizat terms used bat not defined heietn sball have the meeainga given them uoder the Leasa This sgrament may be executed in co�mtap�s� which togeltr.�' shal] coastitu� one snd the seme inshvment• Either periy may mako lepl delivery of its signed co�mterpert by e-mail or facsimile transcrrission of a copy theroof. •Datod this 15th day of September, 2011. LANDLORD: '��T� BUR(3ER AVENUB IIWESTMENTS, LLP J.D. CARPEIVTER COMPAN C. gY; B %�'� S �/ David L. Osbom, Datc ave Carp , Da ��g p�� Preside.c►t � NOTICE OF SL�COND EXTENSION OF I�iVT1TLEMENTS P�RTOD AND SECOND AMENDMENT TO LEASE Landlord, Burger Ava►ue Inves�ents, LLP, a Colorndo registerod limited liability partnership, and Tenaat, J.D. Carpenter Compenies, Inc., antaed into a Ground Lease for 3914 Colorado Hwy 1 l9, Longmont, Colorado, dated Febn�ary 15, 2011 (the "Loase"). Section 2(d} of the Lease provides that if the Development Approvals end Pumits aro not obtained by 180 days after the exxu6on of the Lease (August 15. 2011, sinca August 14, 2011, B a Sunday}, Tenant shaq heve the right to extend the Entitlements Period for three (3) successive thirty (30} day periods. The parties executed n Notice of First Extension of Entitlements Perlod and Amendment b Leax dated as of August 11, 2011 (the "First Amendment'�, which implcmented the first 30-day extension of tbe Bntidements Period, extending it until September 15, 2011. Tenant hereby gives Landlord nodce that it is extending the Enddaments Period for its aecond addidonal thuty (34) days to. and including October 17, 2011 (Octobar 1 S, 2011 is a Saturday). Landlord hereby accepts this instrument as such notice. Tenant reae�ves the right to further exlend the Entitlements Period es provided in Section 2(d) of the Leese. Tenent praviously deposited with Landlord the sun of $15,000 pursuant to Section 3(i) of the Lease as pre-paid rent. Landlord and Tenent acknowl�dge that under Section 2(d) of the Lease, the extension fee for this sacond extension of the Entitleu�ents Prxiod is $7500.00 and is non-refundable subjcct to the tams af Section 9(a) of the Lease, Landlord and Tenant now further agra that Laudlord slull epply �7500.00 of the aforesaid 515,000 paytnar�t for this second extension pariod in satisfaction of the required extensiou fee, and shall deduct that sum from pre-paid rent, leaving the sum of S0 as pre-paid rent� Should both the Entitlementa Conditian and Permits Condition bo sa6afied, whhin five (5) business daya thereeRer Tenant will ro-deposit the 515,000 pcepaid rent, whieh will be applied to Basic Reirt payments next owing. Except ss modified hereby and by the First Anxndment, the Lease shall remain in full force and effect ii� accordance with ita pmvlsions. Initialiy capitalized terms used but not defined herein shall heve the meanings given them under the Lesse. This agrxment ttny be executed in counterparts, which together shall constitute one and the sama instnunwt. Either perty may make legal deIivery of its signed counterpert by e-mail or facsimilo transmission of a copy thereof. . Dated this 15th day of September, 2011. LANDLOI2D: TENANT: BURGER AVENUE INVESTMENTS, LLP J.D. CARPENTER COMPAIIIES, INC. By: � � . �'( I �� � BY: avid L. Osborn, Data Dave Carpeater, Date Managing Partner President om�u GROUND LEASE FOR 3914 COLORADO HWY 119, LOIYGMONT. COLORADO THIS GROiJND LEASE (this "Lease") is entered into effective as of the 1_�day of February, 2011 (the "Effective Date"), by and between BURGER AVFNUE INVESTMENTS, LI1', a Cotorado regisbered limited liability partnership, having an office for the transaction of busness at 217 Wcst Olive St., Fort CoUins, Colnrado 80521 ("Landlord'�, and J.D. CARPENTER COMPANIES, INC., an Iowa corporation, having an office for the transaction of business at 4060 NW Urbandale Drive, Urbandale, Ioura SU322 ("Tenant'�. WITNESSETH: Ia consideration of Ten Dollars ($10.00), and other good and valuable consideration, the receipt, adequacy and su�ciency of wlrich are hereby acknowladged by Landlord and Tenant, and the mutual covenants contained herein, end intending to be legally bound hereby, Landlord and Tenant hereby agree with each other as follows: Section 1. Demised Premises: Agreement to Lease. Landlord is the owner of certain real prvQerty located in unincorporated Weld County, Colorado, having an address of 3914 Colorado Highway 119, Longmont, Colorado, being more aad legally described on E�chibit "A" attached he�to and by this reference made a part hereof (the `�emiscd Premises'�. Landlord hereby agttes tio lease and demise the Demised Ptemises to Teaant, and Tenant hereby agrees to lease the Demised Premises from Landlord, in accordance with and subject to the terms and provisions of this Lease. Section 2. Term: Conditions to Commencement. (a) For the period of 60 days after tbe Effective Date (the "Due Diligence Period'�, Tenaat will have the right to conduct investigations, festing, inspections and evaluations of any and ail matters that may affect the Demised Premises and its development, possession, use and enjayment, including, without limitation, the environmental condition and othet aspects of piysical condition In the event Tenant, in its discretion and at its election, and with or without causc, deternunes that Tenant is dissatisfied with the Demised Pcemises or otherwise does not tuent to proceed with the tiansacdtiri undei� this Lease, tlieri Tenant inay terruminate th'is Lease on or before the end of the Due Diligence Period (the "Due Diligence Condition'� by giving Landlord notice thereof. If such notice is timely given, the parties shall be relieved of all further obligations under this Lease, except for accrued obligations that by their terms survive tamination. (i) Upon the exp'uation or teimination of this Lease, Tenant shall prompdy de�ver to Landlord (A) all documents and materials relating to the Demised Premises previously defivered to Tenant by Landlord (provided that Tenant at its election may retain �ts ow+n copies for its files), and (B) copies of all reports and studies originated ar received by Tenant dia�ing the Due Diligence Period or Entitlements Period (hereinafter defined) concertung the Demised Premises. However, in the event Tenant raises any concems with Landlord regarding any ostensible environmental conditions affecting the Demised Premises, in connection therewith Tenait shall give Landlord copies of any environmental audits or reports produced on behalf of Tenant that reflect such conditions (and Landlord shall maintain such condirions as confidential without disclosure to other parties, to the fullest extent pe:mitted by law, so long as this Lease �sins in et%ct). (ii) Witl�an five (5) business days after the Effective Date, Landlord shall furnish to Tenant copies of any and all material studies, evaluations, and reports and other materials concerning soils, environmental status, physicai condition or other charaeteristics or matters pertaining to the Demised Premises, and appmisals, plaas, specifications or other materials pertaining to the value, development, use and enjoyment of the Demised Premises, to ihe extent in Landlord's possossion. (iii) Tenant shall bear the cost of all of Tenant's inspections, tests, and evaluations of the Demised Premises. Tenant, and Tenani's agents, contractors, and �nployees, (A) shall not injure or otherwise cause bodily harm to Landlord or Landlord's agents, contractors, or employees, (B) shall promptly pay, when due, the cost of all inspections, tests, and evaluations done with respect to the Demised Premises, (C) in accordance with Sectinn 12 hereof, shall secure the dischargo of any liens that attach to the Demised Premises by reason of the exercise of TenanYs rights hereunder, and (D) shall restoro the Demised Premises to the wnetition in which the Demised Premises existed be�ore any such inspections, tests, or evaluations (subject to the effect of the Facilities and �nprovements if this Lease proceeds). Tenant shall indemnify and hold Landlord harmless from and against any and all liability, loss, damage, costs, and expenses (including reasonable attomeys' fces, and including payments made by Landlord to release mechanic's ]iens filed against du Demised Premises) which Landlord may suffer as the result of claims, demaads, costs, and/or jndgments against Laadlord arising out of or in any way in connection with Tenant's inspection activities, unless resulting from Landlord's afiumative aciions constituting negligence Qr other breach of any legal duty, and provided that Tenant will have a first rig6t to defend and satisfy any such claims or demands. Tenant will not, however, be liable for any disturbance of any hazardous materials that may be 1,ocated on the Detnised Premises so long as Tenant ezercises reasonable care to avoid such distnrbances. Notwithstanding any provision of this Lease to the contrary, no termination of this Lease slsall terminate Tenant's obligations pursuant to this Section. The parties hereto expressly acknowledge and agree that while Tenaat may elect to termivate this Lease pursuant to this Section 2(a) based on the status of Landlord's title to the Demised Premises (without otherwise fimitiag the scope of TenanYs termination rights under t�is Section 2(a)), Landlord's duties end responsibilities with respect to satisfying or cttting title defects or Tenant's objections to tifle are set forth in, and controlled by, Section 26 hereinafter. (b) In addition to the Due Diligence Con�ition, Tenant shall have the right and condition in its favor during the Entiflements Period (defined below) to obtain all requisite final za�ing, subdivision, land use, development, building pemut and other approvals firom Weld County and any other applicable govemmental or qnasi-govemmental authoriry (induding, without limitarion, utility suppliers) for the construction, occupancy, operation, use and enjoyment of the Facilities on the Demised Premises, such approvals to be satisfactory to Tenant (the "Entitlements Condition"). Those requisite approvals ("Development Approvals") will not be regarded as fmal and having been obtained unless and until any related appeal or referendum rights hav�e expired without any such appeal or referendum having been � commeaced. The Entitlements Period will commence on the Effective Date and expire one hundred eighty (l 80) days after the Effective Date (unless extended as hereinafter set forth), or any earlier date that all requisite Development Appravals and Permits (hereinafter defined) have been obtained. Tenant, at its election, may terminate this Lease for a failure of the Eirtidements Condirion by giving Landlord written notice thereof at any time within two (2) business days after the last day of the F.ntitlements Period. If such notice is timely given, the parties shall be relieved of all further obligations and duties under this Lease arising thereafter, except those accrued obligations and duties that by their terms siuvive termination. If Tenant in its business judgment determines during the Entidements Period that the requisite Development Approvals or any Pernuts will not be obtained, Tenaat may give the foregoing termination natice at that time. Provided Landlord does not incur �y out-of-pocket expense or liability in coanection therewith, Landlord shall be obligated to join in and execute any applications or related documents as required by any applicable author�y or as reasonably requested by Tenant in the process of pursuing Development Approvals, provided that in the event such applications ir�vceably restrict the Property to Convenience Store Uses, and Tenant then terminates this Lease pursuant to this Section 2(a) or Secdon 8 below, then Tenant will be obligated at its e�ense to obtain the vacation or rescission of that restrietion. (c) If this Lease is terminated by Tenant for failure of t6e Endtlements Condition, upon such termination Tenant shall pay Landbrd the sum of $3,750.00 for each successive 30-day period within the Entitlements Period (exclu3'ing any extension periods as set forth below} which has passed, in whole or in part, followi�g the end of the Due DiGgence Period and prior to the date of the Lease termination. Payments pursuant to this Section 2(c) shall be non-refimdable and the property of Landlord (subject, however, W Section 9(a) below). (d} Tenant st�all have options to extend the Entidements Period for three (3) successive 30-day periods, each of which may be exe�ised by Tenant giving I,andlord notice thereof at eny time on or before the last day of the then outstanding Entitlements Period (references herein to the Entitlements Period �all mean the same as it may be so extended). Upon any exercise of the option for each extension, Tcnant shall pay Landlord the sum of $7,500.00, wluch payauent will be non-iefundable and the property of Landlord regardless of whether the Entitlements Condition is satisfied (subject, however, to Section 9(a) below). Any such Entitlements Period extension payments shall not be credited against Basic Ren� (e) The term of this L.ease sha(1 conmence on the fifth business day follov�ing the salisfaction of the Endtlements Condition (the "Rent Commencement Datc"}. (� 'Ii►e initial icrm of ttus Lease shall be for the period that is substantially fifteen (15}�ears, beginning on the Rent Commencement Date and terminating on the last day of the 180 full calendar month following the Retrt Commencement Date, unless sooner termu�ated or extend�d as herein provided. So long as Tenant is not in default of sny of its obligations under this Lease, Tenant shall have the right, at its option, to extend the term of this Lease for four (4) ad�itional, consecutive periods o#' five (5) years each, at the Rent (as hereinafter defined) and upon all of the other terms, conditions, covenants and provisions set forth herein; provided, however, that Tenant may only extend the term of this Lease by giving Landlord written notice of each such extension on or prior to a date which is six (6) months before the expiration of the initial term of this Lease or the then outstanding extension period, as d�e case may be. The expression "term of this Lea.�" or similar references as hereinafter used shail mean and refer w the initial term of this Lease and aay extensions thereof tt►at have beai exercised by Tenant, as the context may permit or require. The tercn "lease year" shall mean calendar years within the tcrm of this Lease, with the first lease year to memi the fractional calendar year ninning &om the Rent Commencement Date through December 31 of that yea�, and the last lease yeaz to meaa the fractional calendaz year running &om January 1 through the last day of thc term of this Lease. (g) The Due Diligence Condition and Entitkments Condition shall be cumulative with and not limit the "Permits Condition" established tuder Section 8 below. Seetion 3. Rent (a) Tenant covenants end agrees to pay Landord for the Demised Premises, without ofiget or deduction (except es set forth in Section 27(d) below), and without previous demand therefor, Basio Rent at the rates hereinafter set forth from the Rent Commencement Date and thereafter throughout the term of this Lease ("Basic RenY'). All Basic Rent shall be payable by Tenant in equal monthly installments on the first day of each and every calendar month. 'The Basic Rent payable each month during the term of this Lease (with the initial fractional calendar month to be allocated to Year 1) shall be as follows: Initial Term Monthly Basic Rent Ycars 1-5 $7,500.00 Years 6-10 $8,250.00 Years 11-15 $9,075.00 Extended Tertn Monthly Basic Rent (as applicable) Years 16-20 $9,982.00 Years 21-25 $10,980.00 Years 26-30 $12,078.00 Y�ars 31-35 $13,286.00 For purposes of applying the Basic Rent to the "Years" referenced above, the first such Year will commence on the Rent Commencement Date and e�ue one yoar after the last day of the caiendar month in which the Rent Commencement Date falls, and each succeeding Year will expire one yeat after the last day of the preceding Year. (b) As used herein, the term "Additional Rent" shall mean amounts req�rired to be paid by Tenaat under the terms of tkris Lease other than Basic Rent or Perc�ntage Rent (hereinafter defined). The term "Rent" shall be deemed to include the Basic Rent, Percentage Rent and all Additional Rent payable by Tenant to Landlord hereunder. (c) "Retail merchandise sales" is defined as the receipts received by Tenant from sales of TenanYs inventory (physical goods or products held for resale) in the ordinary course 96�t/6.7 of TenanYs business conducted on the Demised Pranises, whether for cash or credit, but specifically excluding and net of (i) gasoline sales, (ii� revenues from car wash, lottery sales, sales of gift certificates, issuances of money orders, or other services or functions not entailing sales of Tenant's inventory, (iii) revenues of any subtenants, licensees or concessionaires of Tenant, each occupying only a portion of the Demised Premises (provided that any subrents or license or concession charges collected by Tenant fron such parties will be included in retail merchandise sales), (iv) merchandise or inveatory returned to suppliers or manufacturers, (v) sales or similar taxes that Tenant collects from retail sales for remittance to or for the benefit of any governmental authority, (vi) aay refunds on �turned merchandise or inventocy, and (viii) eny sales of fixtures, equipment, supplies or goads in the Demised Premises that do not constitute part of Tenant's inventory. (d) In addidon to the Basic Rent, Tenant will pay Landlord "Percentage Rent" equal to 3.5% of the excess, if any, during aaiy lease year of (i) TenanYs retail merchandise sales in the Demised Premiscs over (ii) the amount of S1,650,000.0U, which amount will be subject to 10°/s oompounded increases at the eud of every five-year period witi�ii► the term of this Lease (the "BreakpoinY'). For any fractional lease yeaz within the tean of tlris Lease, the applicable Breakpoint atnount will be prorated on a per diem basis (e) Tenant shall kecp and maintain fWl, complete and accurate records of all retail merchandise sales, as defined in this Lease, together with suppo�rting records that are generated by Tenant in the ordinary cowse of business and es required by law, which may include excise taoc reports, state sal�s tax reports, gross income tax reports, and cash register tapes. The recotds shall be kept in accordance witli Tenant's accounting practices employed in the ordinary course of Tenant's business, and the records for a given lease year shall be pTeserved by Tenant for a period of three (3) yeais after the close of the lease year. These records shall be made availablc to Landlord, or a representative of La�lord, on reasonable notice at the office of Tenant in the State of Colorado, or if Tenant has no office in the State of Colorado, at the Diemised Premises. (i) On or beforo the 20�' day after written request from Landlord, Tenant shall de$ver to Landlord, at the placc then fixed for the payment of Rent, a writtcn statemcnt, signed and certified by Tenant to be accurate, of retail merciandise sales made during the calendar monti� preceding the giving of the notice and a true copy of any corresponding sales tax report covering that .same ealendar month and Sled by Tenmit with any. governcnental agencies, as required by law, prior to Tenant's delivery. (Landlord specifically acknowledges that sales tax reports may vary from tbe statements and accountings of retail merchandise sales, because of the disparate inclusions in each.) In addition thereto, within ninety (90) days of the close of each lease year during the term of this Lease, Tenant shall deHver to Landlord a stalement certified by Tenant, showing retait merchendise sales made during ttie preceding lease year and a calculation of the amount of Percentage Rent due Landlord (the "Amaal Statement"). (ii) Tenant shall pay to Landlord, simultsneously with the delivery of the annual statement, any amount that may be due and payable as Percentage Rent for the prior lease year. Landlord, through a certified public accountant e�gaged by Landlord, shall have the right on reasonable notice to Tenant W examine a11 pertinent books and records of Tenant for the purpose of verifying the actual amount of retail merchandise sales as defined in this Lease for the �., pertinent lease year. The results of the examination and audit shall be ccrtified as accurate to Landlord and Tenant by Landlord's certified public accauntant. All expenses of examination shal] be paid for by I.andlord, unless the examination shall disclose an additional unpaid Percentage Rent liability for the pertinent lease year of greater than $1,000.00, in which case lanclord's out-of-pocket costs of the examination shaU be paid by Tenant (such additional liabiHty will be subject, however, to vcrification and confirmation between Landlord and Tenant). (iii) Landlord shall have t6e right to accept and apply on account any amount tendered by Tenant as payment in full of all or any portion of the Pcrcentage Rent without pcejudicing Landlord's right to recover the full correct amount, after reduction by the amount so accepted and applied on account. Tenant waives the right to insist on any condition of any such tender t!►at it be accepted in full, if at all. (iv) If I,andlord's audit or examination of the records of Tenant reveals Tenant has not paid the proper amount of Percentage Rent, any increase of Percentage Rent resulting &om the audit shall be padd by Tenant within 30 days atier Tenant has received a copy of the aeudit or examination (such iacrease will be subject, however, to verification and confirmarion between Landlord and Tenant). (v) If Tenant fails to prepare and deliver eny moirthly statement or Annual Statement required by this Section 3(e) within the time specified, Landlord may elect to treat Tenant's faihae as a substantial breach of this Lease, and Landlord shall be entitled to exercise its remedies hcreunder after Landlord hes given to Tenant 30 days' written notice to submit such statemeat. If Tenant fails to prepare and deliver the statement after receiving the notice from Landlord, Landlord may elect to make an audit of all the books and records of Tenant, including TenanYs bank account, which in any way pertain to or show tetail merchandise sales as defined by this Lease, and to prepare the statement or statement� that Tenant has failed to prep�e and deliver. (vi) Any such sudit shall be made and any such statement and statements shall be prepared by a certified public accountant selected by Landlord. The statement or stabements so prepared shall be conclusive on Tenant, provided they aze prepared in good faith and certified to Tenant by Landlord's certified public accountant, and Tenant shall be required to pay all expenses of any such suciit. Neve�theless, if Tenant's. failure to deliyer. any mont]ily o; annual statemeat is due to the partial or total destruction of the books or records of Tenant by fire or other cause beyond the control of Tenant, Tenant shall have a reasonable tune after destruction to assemble the informarion necessary to prepare any statanent or statements and deliver them to Landlord. (� In the event that Rent commences hereunder on other than the first day of a calender month, or if the last day of the term of this Lca4e is other than the last dny of a calendar month, the Rent due hereunder for the first and/or last partial month, as the case may be, shall be prorated on a daily ba5is. (g) No security deposit shall be required to be paid by Tenant in connecbion with ttns Lease. (i) On the mutual execution of this L.ease, Tenant shall deposit with Landlord $15,U00.00 as prepaid rent. If Tenant terminates this �,ease pursuant W the Due Diligence Condition, the Entidements Condition ar the Permits C�dition, then the $15,000.00, less any oblisations due from Tena¢�t to Landlord pursuant to Section 2(c), shall be promptly retumed to i'enant If this Lease is not so terminated, and the term of this Lease commences, the $I5,000.00 shall be fully applied to Tenant's Basic Rent obligations hereunder. By his cxxution of tivs Lease on behalf of Landlord, David L. Osbom, a practicing attomey and in his individual capacity, agrees that he will be responsible to hold and account for the $15,000 deposit or portions thereof that remain subject to return to Tenant undcr th� foregoing provisions from time b time. Section 4. Place of Pavment. All amounta payabie under Section 3 of this Lease, as well as all other amounts payable by Tenant to Landlord under the terms of this Lease, shall be paid at the office of Landlord set forth above, or at such other piace as Landlord may from time bu time dcsignate by at least ten (10) business days' pri� written notice to Tenant, in lawful money of the United States which �all be legal tender for the payment of all debts and dues, public and private, at the time of payment. Section 5. Rsnt to be Net to Landlord. It is the intent of the parties that the Rent provided in this Lease wifl be a net payment to Landlord and that, except as expressly provided in this Lease, Landlord will not be required to Fay any costs or expenses accruing during the term of this Lease or provide any services in connection with the Demised Premises during the term of this Lease, and Tenant will bear all costs and ex�enses relating to the Demised Premiscs aceruing during the term of this Lease. Accordingly, e�acept for those expenses and obligations which Landlord has expressly agreed to bear pursuant to this L.ease, Tenant covenants and agrees to pay, in addition to Basic Rent and the Percentage Rent, as Additional Rent all costs and expenses relating to the Demised Premises which accnz during or are allceable to the term of this Leasc, including, without limitation: (a) real and personal property taxes and assessments as hereinafter provided; (b) insurance prcmiums for coverage required of Tenant hereunder; (c) utility chazges; and (d) the costs and expenses of maiataining and repairing the Improvements (as defined in Section 9(e) herein) and ground (landscaping, paving, etc.). In conne�tion with any Additional Rent items accrued from time to time for w6ich a specific due date is not established under the other provisions hereof, �ch itens shall be due and payable by Tenant within ten (10) days after notice of demand from Landlord. All costs, expenses and liabilities associated with the D�miscd Premises that arise or accr�e prior to the comtnencement of the term of this Lease shall be bome solely by the Landbrd, and the Tenant will not have any obligation therefor (the fvregoing being subject to and writhout limitation, however, on Tenant's obligatioas under Section 2(a)(iii) above). Section 6. Use of Demised Premises. (a) Tenant shall initially develop the Demised Premises as a multi-purpose retail convenience stort facility incorporating a retail gasoline sales center and car wash (the "Convenience SWre Uses"). The Convenience Store Uses may at TenanYs election further iaclude a"fast food" or other form of restautaat opaation and/or other uses associated with convenience store opecations from tane to time, as determined by Tenant in its ordinary business judgment, and if zoning so allows. 'Ihe Demised Premises may otherwise be used for �., any other lawful uses or purposes, provided that altenative uses will be subject to the prior approval of Landlord, not to be unrea.sonably withheld. Tenant covenants and agrees that within thirty (30) days after the issuance of a certificate of occttpancy and all requisite Permits (as heaeinafter set forth), Tenant will commence its business operations upon the Demised Premises and continuc such operations thoreafter at aIl times (subject to the other provisions hereo� p�rsuant to operating standards that aze materially consistent with "best of class" for convenience store retail operators in the Front Range area of Northem Colorado (the "Coavenience Store Standazd'�. If uses other than Com�enience Store Uses are pernutted under this Section 6(a), such uses shall not be subject to the (bnvenience Store Standard. (b) Tenant shall, &om and aftet commencement of operatioas, conduct and carry on Tenant's business in the Demised Premises during the usual business hours of each and every business day as is customary for businesses of like character in the erea in which the Demised Premises are located, as determined by Tenant in its ordinary business judgment applied consistently with the Convenience Store Standard (as applicable); provided, 6owever, that this provision shall not apply if the Demised Premises shonld be closed and the business of Tenant tempoa�arily discontinued therein on account �' strikes, lockouts or similaz causes bey�nd the control of Tenant, any casualty or condemnati�on, alterarions of the Impmvements parsuant to Section 10 below, Force Majeure (as set forth in Section 45 below), or other causes as otherwise provided herein (`Bxcus�d Closures'�. Tenant shall kcep the Demised Prcmises adequately stocked with products and/or mercLandise, and with sufficient personnel to care for the pah�onage, and to conduct said business in accordance with sound business practices, as detecmined by Tenam in its ordinary business judginent applied consistently with the Convenience Store Standard (as applicablo). (c) In the event of default by Tenant of azry of the conditions contained in Section 6(b), Landlord shall have, in addition to any and all �eanedies herein provided, the right at its option to collect not only the Rent herein ptovided, but supplemental rent at the rate of One Percent (1%) of the monthly Basic Retrt herein provided for e�h and every day that Tenant shall fail to oonduct its business in accordance witli the provisions hereof; such supplemental rent shall be deemed to be liquidated damages for Tenant's failure to conduct its business as herein provided. Tenant agrees that such liquidaied datnages are a reasonable estimate of damages, enforceable in accordance with the terms of this Section 6(c), aad that such do not constitute a pcnalty. If Tenant ceases busmess operarions for more than thirty (30) consecativs days (other than as a resuh of Excused Closures), I,andlord shall have the right (by pcoviding Tenant with thiriy (30) days written notice thereof (the "Recapture Notice'�) to "recapture" the Demised Premises. In the event Tenant does not resume its business operations within the 30-day period after the giving of the Recaptue Notice, then this Lease will terminate upon ihe expiration of that 30-day period, and thereupon the parties shall be relieved from all further obligations and duties hereunder, with the exception of those that have accnied prior to such termination, (d) Tenant accepts the Demised Premises iz their "As Is Where Is" condition. 4N3t6.7 Section 7. Tax Expenses. (a) Tenant shall, during the term of this Lease, as Additional Rent, pay and discharge punctually, as and when the same shell become due and payable, all taxes and other goveruanental imposifions and charges of every kind and nature whatsoever, extraordinary as well as ordinary, which accrue from and after the Rent Commencement Date during the term of this Leese and which shall or may be charged, levied, laid, assessed, imposed, bccome due and payable, or liens upon or for or with respect to the Demised Premises or any part thereof, or any buildings, appuitenances or equipment owned by Teaant tl�ereon or therein or any part thereof, together with all interest and penalties thereon incurred as a result of Tenant's failure to timely pay any bill received by Tenant prior to its due date (if Tenant is responsible therefor), u►der or by virtue of all present or fuWre laws, ordinances, requirements, orders, directives, rules or regulations of the federal, state and county govermnents and of all other govemmental authorities whatsoever with jurisdiction for the taxarion of real property (all of the foregoing being hereinafter referred to as "Taxes'�. The annual Colorado ad valorem property taxes allocable to the term shall be those foz each lease year, payable the following year. Landlord specifcally aclmowledges and agi�ees that the Taxes shall not include, and Tenant shall not be obligated to pay, as Additional Rent or otherwise, any local, staie or federal income, fiauchise, ir�erifance or e�staate tax of Landlord or any af its pancipals, or any tax imposed, levied or assessed with respect to or because of the income, �preciation or other benefit derived by Landlord or any of itg principals from or by virtue of the Rent or this Lease or the estate of Landlord under this Lease, whether arising under present or future applicable laws and regulations, However, and notwithstanding anything to the contrary contained herein, in the event any future laws ever impose any "rent" tax on Ronts as a gross income or revenue source that is specifically allocated to and binding upon tenants or lessees (a "Tenant Rent Ta�'), then such Tenant Rent Tax applicable to thc Rent hereunder will be paid by the Tenant Landlord fiuther aclaiowledges and agrees that any Taxes, assessments and other governmental impositions or levies of any nature accruing during ar attribu�ble to any period prioc to the Rent Commencement Date shall be the sole obligation of and paid in full by Landlord. In addition to TenanYs obligation to pay the Taxes, Tenant shall be liable for and shall pay (i) all t�ces levied against Tenant's personal property, f�mishings, equipment, trade fixtures and aIl other personal property in the Demised Premises durina the term of this Lease, and (u) �1 taxes, inclu�ing, without Gmitation, sales taxes, worker's comperisation, general license, or franchise taxes and Tenant Rent Taxes, if any, wluch may be required for, or applicable to, the conduct of TenanYs business (provided that Tenant may contest any such taxes in good faithj. (b) Tenant shall be deemed to have complied with the covenants of this Section 7 if paytnent of such Taxes shall have been made within ary period allowed either by law ar by the gvvemmental authority imposing the same during which payment is permitted without penalty ot interest, and Tenant sha11 produce and exhibit to Landlord satisfactory evidence of such payment, if Landlord shall demand the satne in writing (c} All such Taxes which shall become payable for each of the calendar years in which the term of this Lease commences and terminates shall be apportioned pro-rata between Landlnrd and Tenant in accordaace with t3�c respective portions of such years during which such term shall be in effect Landlord shall immediately remit to Tenant any bills for Taxes that Landlord receives. In the event any of said Taxes are payable in installments, Tenant may pay �, the same as such installments bocome due and payable. Any special assessments for public ittiprovements shall be actually paid or deemed, for purposes of this Lease, to be payable in installments over the longest period and otherwise based on the most favorable terms permitted by law, with the Taxes to include the portions thereof accnung during the term; if any special assessments actually become payable on less favorable tem�s, Landlord shall pay the special asussments directly, and Tenant will then reimb�ase the special assessments to Landlord based on the deemed payment terms. (d) Tcnant or its dcsignces shall have the riglt to contest or review all such Taxes by legal proceedings, or in such other manner as it may decro suitable (which, if instituted, Tenant or its designees shall conduct promptly ai its own cost and expense and free of any out-of- pocket expense to Landlord, and, if necessary, in the name of and with the cooperation of Landlaad and Landlord shall execute all documenis necessary to accomplish the foregoing). Notwithstanding ihe foregoing, Tenant shall promptly pay all such Taxes if at any time the Demised Premises or any part thereof shall then be immediately subject to forfeiture, or if Landlord shall be subject to any criminal liability arising out of the non-payment thereof. Tenant will indemnify and hold Landlord harniless fran and against any clairns, costs, losses and the like arising out of or in connection with any tax contest by Tenant. If Tenant fails to initiate or prosecute such proceedings, Landlord may take such action at Landlord's cost, and subject to the same obligations and requirements as are applicable w Tenant under the faregoing provisions for any such proceedings undertaken by Tenant. Section 8. Conditions to TenanYs Obli€�ations. The obligations of Tenant under this Lease shall also be exp�essly subject to and conditioned upon the rxcipt by Tenant of all necessary business lieenses and permits or other governmental authorizations (collectively, thc "PermiCs") necessary for the operation of the Convenience Store Uses (the "Perinits Condition'�. The requisite Pcrnoits will inelude, without limitation, all signage, health, sales tax, alcoholic beverage sales and other licenses, permits and approvals deemed necessary by Tenant in cosnection with Tenant's intended operation of the Dearised Premises for the Convenience Store Uses. Tenant agre.es to complete and submit applications for all such Permits within thirty (30) days after receipt of all Development Approvals requaite to commencing construcrion of ihe Improvements, or at any later time mandated by Weld County or commonly applicable under business practices prevailing in Weld County, and to thereafter use diligent efforts, by TenanYs exercise of its ordinary business judgment, to obtain such Permits in an expedidous manner. Notwithstanding the foregoing, Tenant at its election may terminate this I.ease upon.written noiice to Landlord in the event Tenant has not received all of its Permits within the Entitlements Period, as it may be extended under Section 2(d) above; pmvided, however, Tenant miat do so by written norice to Lazdlord within two (2) business days after the last day of the Entidements Period or any extension ihereof, Upon any such termination of this Lease, any applicable Rents w�11 be apportioned to the date such teimmation nodce is given, and the parties will be released from all further obligations and duries under this Lease Qiereafter arising. Section 9. Constnxction of Imvrovements. (a) Tenant, at its sole expense, shall construct the Facilities and any other Improvcmcnts. All Facilities and lmprovements shall be constructcd by Tenant in compliance �., with all then applicable building codes and ordinances and in material conformity with the final Concept Plans approved pursuant to the following provisims. (i) A schematic site plan and conceptaal elevations for the Facilities (the "Concept Plans'� shall be subject to Landlord's approval, which approval shall not be tureasonably wittil�eld or conditioned. Landlord's approval will be deemed given ualess Landlord gives Tenant written notice disapproving the Concept Plans within the Plan Review Paiod (defined below). If Landlord disappmves of the (bncept Plans, Landlord shall prwide Tenazrt in writing the specific reasons for snch disapproval. The parties shall then work together to thereafter agree in writing on the Concept Plans. Acry material change to Concept Plans agproved by Landlord shall require Landlord's prior written approval, which approval shall not be unreasonably withheld or conditioned. Landtord agrees to respond to any request for agpraval of material changes in the Concept Pimms (with reasons for any disapproval to be specified in writing) within the Plan Review Period, and if Laadlord fails to respond to any request by Tenant for such approval within the Plan Review Period, such changes shall be deemed to be approved by Landlord; further provided, however, if such material changes are required by the applicable governmental authority in order for Tenant to receive its Development Approvals or Permits, Landiord's approval of such material changes shall not be required. (ii) In azry case where Landlord has validly objected to the Concept Plans, as irritially presented or modified, then Tenent mary give notice under Secdon 2(a)(u) above taminating this I.ease for a failure of the Entitlements Condition if Tenant determines that the puties will not be able to reach agreement resolving Landlard's objections. If the Lease is so tamiaated for a failure of I,andlord's required approval of the Concept Plans, then the tamioation payments under Section 2(c) will not be owing, and any extension payments theretofots made �mder Section 2(d) will be refunded to Tenan� Prior to th� commencement of construction of the initial Facilities, Tenant shall demonstrate to Landlord, by presenting bank seatement(s) or other evidence, that Tenant then has cash resources available at Least eqnal to 1l0°i6 of Tenant's budgcted construction costs for the initiel Faeilities. The "Plan Review Period" shall mean the period of five (� business days ater Laadlord's receipt of the proposed Concept Plans or material changes thereto, as the case may be, provided that if upon roceipt, David Osbom (s principal of Landlord) is traveling and temporarily away from his offices for busiYess or personal reasons, then the Plan Review Period shall be ten (10) business days after such receipt by Landlord. _ (b) Tenant shall diligently work to complete the Facilities within six (6) months after the Rent Commencement Date, subject to delays caused by Force Majeure events. In coffiection wit6 constraction, Force Majeure events will specifically include, without limitatioq any failure of govemmental authorities to issue any remaining Development Approvals or Permits requisite to construction or completion; the discovery of conditions on or in the Demised Premis�s that obstruct ar impede cons�uction (e.g., adverse soils conditions, environmental contamination, or legally protected species habitat or burial sites); or any failure of p�rformance by any architects, engineers, genecal contractors, or other contractors, subconhactors, suppliers or materialmen engaged by, through or under Tenant. (c) Tenant shall conshuct the initial Facilities from its own equity resourc�s. Tenant repmesents to Landlord ihat TenanYs 5nancial statements and informarion heretofore pmvided ��� by ?enant to Landlord are accurate and complete in all matcrial respects and fairly present the financial condition of Tenant as of the dates thereof and for the periods covered thereby, as appkcable. (d} Not later than ten (10) days prior to the commencement af construction of the Fac�lities, Tenant shall pravide Landlord with the name of Tenant's general contracWr, and allow Landlord to post the Demised Premises for non-liability for mechanic's liens in compliance with Colorado law. During construction, Tenant shall allow Landlord to keep such non-liability notice conspicuously posted. Tenant shall mt seek any mortgage financing for its Improvements until the initial Facilities aze completed or a Certificate of Occupancy has been issued by Weld County. If Landlord ever intends, in good faith, to either sell or mortgage the Demised Premises to or with a third-pady purchaser or mortgagee, Tenant agrees, within ten (10) business days after a demand notice from Landord, to fiunish Landlord with such financial statements of Tenant that Landlord may specify in masonable detail and that have been preparcd by or on behalf of Tenant for the iwo (2) yeazs preceding (provided that Tenant shall not be required to fi�rnish financial statements in ffiy case where the proposed pwchaser or mortgagee is a business competitor of Tenant, as reasonably determined by Tenant). Laadlord agrees to keep such information confidential, and share it only in relation to the proposai transaction witi� its accountants, attomeys, b�nks, and the prospective third party pucohaser or mortgagee, as applicable, of the Demised Premises, whom Landlord shall also bird to confidentiality and not suffer them to makc fiuther disclosur�s of such information to any other party. Following completion of the constructinn of the initial Facilities, Tenant shall fumish Landlord with copies of final mxhanics' lien releases that Tenant's general contractor submits to Tenant. (e) The nnprovements to be initially constructed by Tenant on thc Demised Premises will be constituted by a building containing approximately 4,500 square feet, together with gasoline tanks, lines, aad dispensers comprising the gasoline retail sales center (the "Gasoline Facllities'�, identity and othcr signage, and site improvements and other facilities serving or associated with the permitted uses for the Demised Premises (the initial im�x�ovements and facilities developed by Tenant being somctimes refeired to herein as the "Facilities'�. The parties specifically aclmowledge that there are existing building and site improv�ements on the Demised Premises, and that in connection with the development of the initial Facilities, Tenant at its election may either (i) preserve, in whole or in part, and alter and remode� thuse existing improvements, or (ii) demolish thosc ac�sting improvements (only after fust obtaining all Development Approvals) and proceed with the Facilities as a whole new devolopment; Tenant may pursue Development Approvals accordingly depending on the elecrion that Tenant makes. The Faciliries and other improvements located from time to dme on the Demised Premises are sometimes referred to herein as ihe "Improvements." Section 10. Rgpairs and Alterations to Impmvements. (a) Tenant shall, at all times during the term of this Lease, and at its own cost and expense> keep and maintain or cause to be kept or maintained all buildings and improvements at any time erected on the Detnised Premises in a good condition and repair, ordinary wear and tear excepted, that is msterially consistent with the Cmvenience Store Standard as app�licable. ihiless expressly provided htrein, Landlord shall not be required to furnish any services or �., facilities or to make any improvements, repairs or alteratians in or to the Demised Premises dw�ing the term of this Lease. (b) Tenant may, at its own cost and expecse, at any time and from time bo time, alter, add tq change, demolish, remove and replace any of the buildings and improvements on the Demised Premises as Tenant may deem desirable, provided that (i} any such demolition, alterations, changes, additions or replacements shall be in compGance with all applicable building codes and ordinances, (ii) any such alterations, changes or additions that do not require Landlord's approval hereunder shall not materially and substantially reduce the value of the exterior Improvements conshvcted by Tenant, and (ui) in the event of any such demolition or removal of all or substantially ell of the Improvements on the Demised Premises (and not due to a casuelty or condemnation), Tenant shall provide Lanllord with adequate security (reasonably covering projected replacement costs) for the subsequent replacement prior to demolition of the existiqg Improvements. The same shall be replaced with improvements of at least equal value to the Improveme.nts so demolished or removed. Any alteretions or improvements after Tenant's initial construction of the Demised Premises shall require Landlord's prior written appnuval (which approval shall not be unreasonably withheld, condifioned or delayed) if such alterations or improvements (x) aze to the exterior of Tenant's building and in any one instance entail a cost exceoding $100,000.00, or (y) w�ould affect tfie structural integrity of Tenant's building (except fot structural changes involved in an expansion), or entail the demolition of the building. Any alterations or improvements that do not satisfy the criteria set forth above shall not be subject to Landlord's prior approval. The fongoing threshold amount of 5100,000.00 shall be inereased as and when the Basic Rent increas� hereunder, and on the same basis (i.e., 10% compounded increases every five (5) years). The foregoing provisioas of this Section 10(b) shall not, however, apply to or limit any mainicnance, reQairs, replacements or work in the ordinary course of Tenant's business for purposes of keeping or bringing the Improvements i�to good condition and repair, or of complying with applicable laws and regularions. Section 11. Ownershiv of Improvement�. (a) Urnil the cxpiration or sooner termination of this Lease, title to any buildi.ng or baildings or improvements situate or erocted on or under the Demised Premises, the building equipment, the Gasoline Facilities and equipment and other items installed therein and thereon, and any alteration, change or addition thereto shall renain solely in Tenant; and Tenant alone shall be.entitled to deduct all depreciadon on Tenant's.income tax retums for any such building or buildings, building equipment, Gasoline Faciliries and aquipment and/or othec items, improvements, additions, changes or alterations (and such depreciation and other nnn-cash expenses shall not constitutc any foan of Additionai Rent payable by Tenant). Upon the eapiration or sooner termination of thc term of this Lease, title to the Facilities and Impmvements, includiAg all buildings, improvements, Gasoliae Facilities (except as heeeinafter provided), equipment and fixtures (except for Twant's personal property and trade fixtures as more fully discussed below) situate or erected on or uider the Demised Premises shall vest in and become the fiill and absolute property of Landlord Tenant free and clear of all liens of any leasehold intecests and without any compensarion to Tenan� (b) Upon the cxpiration or sooner termination of the term of this I,ease, Tenant shall quit and surrender to Landlord the Demised Prcmises, including the Improvements, Gasoline Facilities, and all other buildings, improvements and fi:tures then located thereon; provided, however, Tenant shall be permitted to remove TenanYs personal property and trade fixtures (wtdch shall be and remain Tenant's property) within three (3) busin�ss days after surrender, and shall repair any damage W the Demised Premises and the Improvements caused by such removal. It is expressly agreed that the gas dispensers incarporated within the Gasoline Faalities constitute part of Tenant's trade fixtures and may ai Tenant's election be removed and retained as TenanYs property. Upon Tcnant's surrender of the Demised Premises, Tenant shall deliver possession of the Demised Premises in broom clean and safe condition, ordinary w�ear and tear, and damage caused by Landlord excepted. Tenant shall deliver to Landlord all keys to the Demised Premises within ttuee (3) business days ater Tenant's surrender of the Demised Premises. Notwithstand'mg anything to the contrary coitained horein, Landlord shall have the right, in I,andlord's sole discretion, to require that Tenant remove all Gasoline Facilities, so long as written nodce of such election is given to Tenant not later thaa sixty (60) days after the expiration or sooner terrnination of the term of this Lease; provided, however, that if Landlord gives such notice after the expiration or termination of this Lease, Tenant shall not have the removal obligation if the (iasoline Faciliries httve been operated to any extent by Landbrd or any party. This condition prohibiting such operations by Landlord or another party shall not apply, however, to minor testing of the Gasoline Facilities by Laadlord to ascertain whether th�y are operable and in a condition that conforms with applicabl� laws, so long as (i) Landlord gives Tenant at least five (5) business days' prior nodce of tho testing so Tenant or its representative(s) may be present, and (ii) Landlord confers reasonably with Tenant on the scope and nature of the testing and implements the testing accordingly. Minor testing conducted in acrordance with the foregoing will not impair Landl�d's election to reqnire removal of the Gasoline Facilities. If Landlord so elects, Tenant shall remove all Gasoline Facilities in strict compliance with applicable laws upon the expiration or termination of this Lease and pravide Landlord with all appropriate documenta2ion in accordffice with existing laws and regulations. (c) Tenant shall also, upon expiration or earlier termination of this Lease, end at Tenant's sole expense, comply with all requirements of the appropriate governmental aothorities regarding any conditions resulting from TenanYs operation of the Gasoline Facilities, except to the extent such requirements are for removal of the Gasoline Facilities and removal is not requi�d under the foregoing provisions ("Tenant Remedial Measures"). Landlord agrees to permit Tenant, its employees, agents, consultants, and contractors, to enter onto the Demised Premises after expiration or termination of this Lease to the eyctent necessary to satisfy Tenant's obligations under this Section 11(c) or Section 11(b) abova Upon conclusion of the Tenant Remedial Meas�ues, to the extent affected by the performance of the Tenant Remedial Measures, Tenant shall reswre the Demised Premises W the condition substantially similar to that condition existing prior to the perforiaance of the Tenant Remedial Measures, including, but not limited to, the refilling of any excavation performed in the course of the Tenant Remedial Measures. Section 1. Mechanic's and Materialmen's Lieas. Tenant shall have no right, suthority or power to bind Landlord or eny interest of Landlord in the Demised Premises for any claim for labor or for material or for any other charge or expcnse incurred in constructing any Iffiprovements or pafonning any alteration, renovation, repair, refurbishment or other work with regard thereto, nor to render Landlord's interest in the Demisod Premises liable for any lien or right of lien for any labor, materials or other charge or expense incurred in connection therewith. Tensnt shall not be considered the agent of Landlord in the constcuction, erecti�n or operabion of �y Improvements. If any liens or claims for labor or matierials supplied or claimed ta have been supplied to the Demised Premises by, through or under Tenant are filed, Tenant shall diligendy pursie the release or discharge thereof. Landlord may roquest that Tenant cause such lien(s) to be roleased or properly bonded within sixty (60) days aRer Tenant's receipt of written request lherefor. In the event thai Tenant has not secured a releasc of such lien(s) or has not posted an appropriate bond to release such lien(s) within such sixty (60)-day period, thcn Landlord sha11 be entided to post a bond W release such lien(s) at�d the actual out-of-pocket costs incurred by Landlord in connection therewith shall be deemed as Additional Rent and payable to Landlord npon thirty (30) days' prior written notice. Section 13. Reauirements of Public Authoritv. (a) During the term of this Lease, Tenant shall, at its own cost and expense, prompfly observe and comply with all present and future laws, ordinances, requirements, orde�s, direcflves, mles and regulations of the federal, siate, and county governments and of all other gnvernmental authorities affecting Tenant's use and occupation of the Demised Pnemises or appurtenances thereto or any part thereof, whether the same are in force at tbe Rent Commencement Date or may in the future be passed, enacted or directed, and Tenant shall pay all costs, expenses, liabilities, losses, damages, fines, pa�alties, claims and demends that may in arry manner arise out of or be imposed because of the failwe of Tenent to comply with the covenants of this Section 13. (b) Tenant shall have the right to contest by appropriate legal proceedings diligently conductcd in good faith, in the name of Tenant or Landlord (as legally require�), or both (if legally required), withont out-of-pocket cost or expense to Lan�ord, the validity or application of any law, ordinance, n�le, regulation or requirement of the nahu�e referred to in Sectim 13(a) above, and if complianoe therewith may legally be delayed pending the prosecution of any such procceding, Tenant may delay such compliance therewith until the Pmal determination of such Proceeding. (c) In Landlord's reasonable discretion and after Tenant's prior written request, Landlord may agree to execute and deliver any appropriate papers or other instruments which may be necessary or proper to permit Tenant so to contest the validity or application of any snch law,. ordinance, order, dir.octive, rule, regulatlon or requir�ment and to fully cooperate with Tenant in such contest It is agreed to by the parties hereto ti�at it shall be reasonable for Landlord to refuse w execute and deliver any papers or other instruments necessary to assist Tenant in accordance with this Section 13 if Landlord determines, in its reasonable discretion, that doing so would not be in the best interests of Lanciord's rights and interests in the Demised Premises. Section 14. Hazardous Matcrials. In connect�n with the Gasoline Facilities, Tenant shall take all measures available to Tenarn during the term of this I.ease for purposes of bcing eligible for compensation from the Colondo petroleum storage tank fund established pursuant bo C.RS. § 8-20.5-101, et s�. (the "Tank Fund Statute'� in the event of any release of gasoline from the Gasoline Facilities prior to the expirarion or termination of this Lease. (A "release" is d�ned by the Tank Fund Statute to include any spilling, leaking, emitting, discharging, csca�ing, leaching or disposing of a regulated substance from an underground storage tank, and iegulatcd substances are defined to include petroleum.) With respect to any such release, Tenant agrees, at its cxpense, to comply with all requirements of the appropriate governII►ental autborities. Tenant shall indemnify Landlord against any claims, causes of action, liabilities, or damages incwred or suffered by Landlord in connection with any such release from the Gasoline Facilities occuaing prior to the expiration or termination of this Lcase, or any removal and lisposal by Tenant of the Gasoline Facilides in connection with such expiration or termination, bgether with all costs and e�cpenses, including reasonable attomeys' fecs, incurred by Landlord m connection therewith. Notwithstanding any provision of this Lease to the contrary, no termination of this Lease shall terminate Tenant's obligations and responsibilities pursuant to this Section 14 accruing prior to the termination. Conversely, to the extent any Gasoline Facilities are Left in place following the expiration or termination of this Lease pursuant to Section 11, then Landlord shall be responsible for any release oceurring thereafter with respect to those remaining Gasoliru Facilities, and shall defend and indemnify Tenant and save Tenant hazmless from and against any claims, causes of action, liabilities or damages, together with related costs and expenses, including reasonable attorneys' fees, that Tenant may suffer or incur in connection with any such releasc for which L,andlord is responsibl� In that regard, upon the expiration or termination of this Lease, Landlord shall make such applications and submissions to the State of Colorado as may be necessary or appropriato to have Landlord replace Tenant in all respects as the registered party under Colorado law with respect to the Gasoline Faciliries that remain on the Demised Premises, and specifically, without limitation, any underground storage tanks constituting part of the Gesoline Facilities. Tenant may conduct environmental audits during the Due Diligence Period and proximate to the end of the term of this I,e,ase in order to establish a baselino record of existing conditions at each junchue. Tenant shall promptly provide copies of any suci� environmental audits to Landlord in accordance with Section 2(a)(i) above. Secti 5. Acc�ss to Demised Premises. (a) Landlord or Landlord's agents and designees shall have the right, but not the obligation, to enter upon the Demised Premises at all reasonable times after reasonable notice to Tenant to examine same and to exhibit the Demised Premises to prospective purchasers and prospective tenants, but in the latter case only during the last three (3) months of the term of this Lease or any extension thereof. Notwithstanding anything contained in the foregoing sentence to the contrary, Landlord shall have the right to market the Demised Premises to grospeetive purchasers and prospecdve tenants during any time Tenant is in default under this Lease (subject to TenanYs interests under this L.ease so long as they remain in effect). In connection with any such eatry, Landlord will not cause or suffer any interference with the condnct of Tenant's business on or use or enjoyment a�the Demised Premises. (b) Landlord, Landlord's agents, employees, contractors and desigiiated representatives, and the holders of any mortgages or deeds of trust on the Demised Premises shall have the right to entcr the Demised Premises at �y time in the case of an emergency. (c) Prior to the Rent Commencement Date, Tenant and its agents, representatives and contractors, and others acting by or through therr; shall have the right to enter the Demised Premises to conduct activities associated with the Due Diligence Condition, Entidements Condition and Pemuts Condition. l912K.7 Section Assie6nment �ubletting and Subordination. (a) Tenant shall not assign this Lease or sublet more than seventy-five percent {75%) of the interior portion of Improvements located on the Demiscd Premises to any unaffiliated third party w�ithout the prior writt�a consent of Landlord. Landlord may not withhold its consent to such an assigcuc�ent if (i) Tenant �otifies Landlord of any sueh proposed assignment, (ii) the assignment document is executed by the assi�ee and provides for the assumprion by the assignee of all of Tenant's duties and obligations hereunder accruing after the assignment, including responsibility for payment of such acctuing Rent, (iii) a copy of the executed assigntnent document with the signatures of the assignor and the assignee is furnished to Landlord as a condition subsequent to the consent, and (iv) the assignee or a continuing gusrantnr of assignee's dudes and obligations under tfie Lease has a net worth of at least $5,000,000.00 (determined either in accordance with generally accepted accounting priaciples or by reference to then cim�ent asset values, as reasonably determined by Landlord's thcn acting certified public accountant) and at least five (5) years' operating experience in the type of b�ainess to be conducted by the assignee. The foregoi� $5,000,000.00 net worth requirement shall be increased at the same times and in the same proportions that Basic Rent increases haeunder. In the case of a sublease exceeding the aforesaid 75% threshold, Landlord's consent may be withheld only if the proposed subtenant, or its owners, principals or maoagerial personnel, do not have sufficient net worth or operating experience to conduct the subtenant's day-to-day business in the Demised Premises, as reasonably determined by Landlord (acknawledging that standerds for a permitted sublease will be substantially less rigorous than tbse for a permitted assigr►ment, in light of Tenant's continuing liability under this Lease in the case of a sublease). Landlord agrees to give reasonable deference to Tenant's evaluation of the wherewithal of any proposed subtenant, provided Tenant fumiShes to Landlord copies of all information and documentation on which Tecrant bas�d its docision to sublease the Demised Premises to such subbenant Upon any permitted assigpment under the foregoing provisions of this Sxtion (a), Tenant will bc released from all furtha obligations and duties under this Lease arising after thc date of the assignment. Without Landlord's written consent, Tenant may also assign the Lease or sublet the entirety of the Demised Premises to any affiliate of Tenant Upon such an assignment, Tenant shall be released from liatzility for all further obligations and duties iuder this Lease arisusg after the date of the assignment, but only if the affiliate assignee has financial capacity (A) materially commensurate wif► that of Tenant at the time, or (B) otherwise adequate for the business operations oa the Demised Premises, whichever is greater. Landlord shal� promptly provide written wnfumat�n of such release upon request: For purposes of tlris Lease, affiliates of Tenant wi11 include any firm, person, corporation, parinership, limited liability company ar other enrity which by virtue of direct or indirect ownership interesis or operating or managerial authority is wntrolled by, controls or is under common control with Tenant. (b} No Subordination. Landlord shall not be required to subordinaie its ownership and Laadlord's i�erests in the Demised Premises W any mortgage/deed of trust financing subsequently obtained by Tenant, and any such financing will encumber only Tenant's leasehold interests in the Demised Premises and TenanYs ownership interest in the Improvements and shall be expressly made subject to the terms of this Lease. �, (c) The provisions of this Section 16 shall not apply to, and Landlord's approval shall not be required for, the transfer of stock in connection with a merger or consolidation of Tenant and another corporatioa or entity, or an assignment of this Lease in connection with a sale of all or substantially all of Tonant's assets, provided that Tenant's successor or assi�ee shall, as a result of such reorganization or by assumptioa, be legally bound to pay rental and all of the charges due hereunder and to perform sIl of the terms, covenants and provisions to be performed by Tenant arising after such roorganization ot assignmenx This Section 16 shall also not apply and Landlord's consent shall not be required in the event Tenant ot%rs its shares to the public pursuant to a registered securities offering or private placement or any other transfer of stock which otherwise does not significantly alter the cnanagement of Tenant. (d) Notwithseanding any other provision to the contrary set forth in tlus Lease, a transfer of stock among the current stockholders of Tenant and their immediate families (i.e., sp�uses, parents, brothers, sisters, nieces, nephews, children, grandchildren or any spouse of any such parent, brother, sister, child or grandchild), any transfer of stock or assignment of this Lease to a family tnst or family partnership or otherwise for estate planning purposes (and the related family beneficiaries may be of broader scope than the immediate family members described above), a transfer of stock by w+ill or devise, or a transfer of stock to any employee, ofiicer or director of Teaant, shall not constitute an assigiunent for the purposes of this Lease and shall not requite Landlord's consent so long as at the time David Carpcnter owns a majority of the voting ownership interests in Tenant or remains in managerial control of Tenant, or in the case of the death of David Carpenter, provision is made for other adequate management of Tenant. (e) Landlord's consent shall not be required for any subletting at any time of lcss than twenty-five percent (25%) of the interior portion o�f Improvements located on the Demised Premises. For sublettings of more than twenty-five percent (25%), Landlord's consent may bc withheld only if the proposed subtenant, or its owners, principals or managerial persoimel, do not have sufficient net worth or operating experience to conduct th'e subtenant's day�to-day business in the subjcet portion of the Demised Premises, as reasonably determined by Landlord (acknowledging that given the partial nature of the �btenant's occupancy, the requisite net worth and operating experience will be significantly less than those requisite to a permitted subletting under Section 16(a) above). Landlord �rees to �ve reasonable defennce to Tenant's evaluation of the wherewithal of any proposed subtenant, ptovided Tenant fumishes to Landlord eopies of all information and documentation on which T�nant based its decision to sublease the Demised Ptemises to such subtenant. Section 17. Assignment bv Landlord. In the event of a sale and conveyance of Landlord's ownership interests in the Demised Premises, and a coaesponding assignment by Landlord of its interest in this Lease, to a person or other entity that is solvent at the rime of such saie or assignment and �xxpressly assumes Landlord's dnties aad obligations under this Lease for ihe express benefit of Tenant, Landlord shall thereby be released from any liability hereunder which thereafter accrues, and Tenant agrees to look solely to and shall have recourse against such successor in interest of Landlord for perfotmanee of such subsequenfly accruing obiigations. � Section 18. Si�s• Tenant shall have the right to install, maintain and replace in, on, or aver its building, canopies and windows, or in any part thereof, or elsewhere in or on the Demised Premises, such signs and advertising matter as Tenant may determine are necessary for conducting the business of Tenant on the Demised Premises; provided, however, all Tenant's signage a�►d advertising sttall strictly comply with the requirements aad approvals of the Weld County Building and Sign Codes. In addidon, Tenant shall comply with any applicable rec�uirements of govemmental authorities having jurisdiction and shall obtain any necessary peanits for such purposes. Tenant shall pay all costs o�' causing its signs to be erected and mantained. Upon expiration or earlier tecmination of tfiis Lease, Tenant shall remove such sig�age and repair any damage to the Improvements resulting from the installadon or removal of TenanYs signage. Secti 9. Indemni . (a) Tenant shall indemnify and save Landlord harmless from and against any and all clauns, suits, actions, proceedings, liability, damages, penalties or judgments arising &om injary to person or property, including death, sustained by anyone in and about the Demised Premises resulting from any act or omission of Tenant or TenanYs agents, servants, employees or eonhactors that constitutes any negligence, willful misconduct or breach of this Lease or other legal duty by Tenant. Tenant shall, at its own cost and expense, defend any and all suits a actians (just or unjust) which may be brought against Landlord or in which Landlord may be inpleaded with others upon any such above mentioned matter or claim, except as may result Erocn the acts set forth in Section 19(b) below. (b) Landlord shall indemnify and save Tenant harmless from and against any and all daims, suits, actions, tuoceedings, liability, damages, penalties or judgments arising from injury to person or property, including death, sustained by anyone in and about the Demised Premises resulting &om any gross negligence or breach of this Lease or other legal duty of Landlord or Landlord's agents, servants, employees or contractors. Landlord shatl, at its own oost and expense, deferd any and all suits or actions (just or unjust) which may be 6rought against Tenant or in which Tenant may be impleaded with others upon any such above- mentioned matter or claim, except as may result from the acts set forth in Section 19(a) above. Section 20. Insurance• _ _. (a) Tenant shall provide at its expense, and keep in force during the temz of this Lease, comprehensive commercial general liability insurance, including contractual liability, in a good and solvent insnrance company or companies with an A.M. Best rating of at least A-MI sr better (or a comparable standazd prevailing from fine to time in the insurance markets), �censed to do business n the State of Colorado, selected by Tenant, and reasonably sati�actory t� the holder of any Leasehold Mortgage (as hereinafter defined) placed by Tenant on the Demised Premises, in the ag�egate amount of at least Five Million and 00/100 Dollars ($5,000,0Q0.00) with respect to bodily injury or death to any one person per occurrence end One Million Dollars airl 00/100 Dollars ($1,000,000.64) with respect to damage to property, subject to such deductibles and risk retention as Tenant may establish in the ordinary couise of bvsiness. Landlord shall be named as an additional imured. The aforesaid 1'units may be met tlaough a combination of Tenant's primary coverage aad umbrella and/or excess coverage, or a %,�, 19 • captive insurance program, and Tenant shall provide at its expense, and keep in force during the tetm of this Lease, workers compensation insurance as to Tenant's employees in such atnounts as is roquired by law. (b) Daring the term of this Lease, Tenant sl�ll keep all buildings and improvements enected by Tenant on the Demised Premises at any time insured for the benefit of L,andlord, 3'enant and any Leasehold Mortgagee, as their respective interests may appear, against loss or daznage by fire and customary excended coverage in a minimum amount equal to one hundred percent (100%) of the nplacccment value of such buil�ngs and improvements. subject to such deductibles as Tenant may establish in the ordinary cottse of business. All proceeds payable at any time and from time to time by any insurance company under such policies shall be payable to the Leasehold Mortgagee, if any, or to Tenant, and Landlord shall not be entitled to, and shall have no interest in, such proceeds or any part thereof. Any pmceeds paid directly to Tenant shall be held by Tenant for the puipose of paying the expenses of complying with its obligations undex this I.ease. Landlord shall, at Ten�Ys cost and expense (with no out-of- pocket cost to Landlord), cooperate in good faith wib Tenant in order to obtain the largest possible recovery and eacecute any and all consents and other instruments and take all other actions necessary or desirable in order to effectuate the same and to cause such proceeds to be paid as provided herein. (c) All insurance policies shall ptovide that they may not cancel Tenant without tlrirty (30) days' prior written notice to Lsndlord, to the eutent such provision is available from i'enant's insurance carrier (provided that such provision specifically will not apply to workers compensation insurance). Tenant shall promptty furnis� Landlord with copies of the applicable insurance policies in cannection with the Rent Commencement Date and the renewal date for each policy, and will not permit any lapses in coverage. Section 21. Waiver of Subr�,aUon• All insurance policies carried by either party co�ering the Demised Premises, including, but not limited to, contents, fire and casualty instirance, shall expressly waiv� any right on the part of the iasurer against the other party. As to an� loss or damagc which may occur upon the property of a party hereto and be covered (or required by the terms of this Lease to be covered) undsr any insurance policy(ies), such party hereby releases the other from any amount of liability for such loss or damage. Such release shall iiclude a release of liabitity for the fnll amount of any deductible maintained by a party under its iasurance policy. Section 22. Destruction. In the event that, at any time during the term of this Lease, the buildings and improvements on the Demiscd Premises shall be destroyed or damaged in whole or u part by fire or other cause within the extended coveragc of the fire insurance policies carried by Tenant in accordance with this Lease, there shall be no abatement of Rent hereunder (except as provided below), unless the damage is cauged by Landlord's gross negligence or willful misconduct (in which case Rent shall be abated until Tenant completes restoration and resumes business operations in the Demised Premises). To the extent of the net pmceeds received by Tenant plus any daductible maintained by Tenant, Tenant shall caase the same to be repaired, replaced or rebuilt (with such changes in the design, type or character of the building and inprovements as Tenant may deem desirable) within nine (9) months after receipt by Tenant of snch insurance proceeds, subject to Force Majeure dela7s. All such repairs and restoration shall �., be perfoRned in a commercially reasonable manner and 'n accordance with all applicable laws. Natwithstanding the foregoing provisions to the contrary, in the event the buildings and improvements on the Demised Premises are destroyed oc damaged at any time during the last two (2) years of the initial term of this Lease or any extension period, then at Tenant's election, �) this Lcase shall terminate as of the occnrrence of the casualty upon Tenant �ving Landlord notice thereof (such notice to be given no later than thirty (30) days after the occurrence of the casualty� in which event Tcnant shall pay to Landlord the insuraace proceeds collected in connection with such damage and d�ction and which are attributable to the buildings and other improvements on the Demised Premises, less any reasonable amounts expended by Tenant w collect such insurance pzoceeds and less any reasonable amounts expended by Tenant to place t�e Demised Premises in a safe condition followiag such damage (which may include demolition of tie Improvemcnts), or (ii) Tenant shall cause the sazne to be repaired, replaced and rebuilt in accordanec with the terms and conditions contained in this Section 22. All Rent obligarions of T�ant shall also be apportioned to the date of ternunatios, and upon termination the parties shall be released from all further obligations and duties hereiuder arising after termination, except for ihose accrued obligations and duties which by their terms survive termination. Section 23. Eminent Domain. (a) As used herein, the term "Taking" shall mean and refer to the event of vesting of title in a competent authority vested with the power of eminent domain or condemnation pursuant to any action or proceeding brought by suc� authority in exercise of such powet, including a voluntary sale to such authority (which map occur only with the written consent of T�ant, wfiich shall not be unreasonably delayed or wiliheld), either under threat of, or in lieu of, condemnation or while a condemnation action or proceeding is pending. if, at any time dtaing the berm of this Lease, there shall be a Taking of all of the Demised Premises, or a substantial part of the Demised Premises (including access thereto) such that ihe porlion of the Demised Premises iemaining ai%r such Taking would, in TenanYs reasonable business pdgment, be impractical for use by Tenant, t6en Tenant at its election may terminate this Lease ly giving Landlord written notice thereof within thirty (30) days after the occurrence of the Taking. Upon such a termination, Tenant shall be relieved of its obligations to pay Rent and to jerform its other covenants hereunder from and after the date of such Taking, and Tenazit shall surender the remaining portion of the Demised Premises, if any, to Landlord; provided that such release and surrender shall in no way prejudice or interfere with Tenant's right to an award foc �ts loss or da�nage as hereiaafter provided. The Rent for the last month of Te�nt's possession of the Demised Premises shall be prorated to the date of the surrender, and any Rent paid in advance shall be refunded to Tenant. (b) In the event of a Taking which dces not result in a termination of this Lease pnrsuant to this Section 23, the term of this Lease shall not be reduced or affected in any way, bit the Basic Rent payable hereunder shall be reduced by an amount which bears the same ratio to the Basic Rent payable 'vnmediately prior to such Taking es the fair market value o� We D�emised Premises (excluding improvements} after Taking bears to the fair mazket value of the pemised Premises (excluding improvements) immediately prior to the Taldng (such fair m�rket values to be determined pursuant to Section 41 hereot} The award for any partial Taking shall be allocated between Landlord and Tenant as described in Section 23(c) below; provided, however, if Tenant elects to restore, replace or recoasUruct any improvemcnts which a� the �.� subject of or damaged or affected because of any 'I'aking, Landlord shall deliver to Tenaat its share of the award attributable to such improvements to t6e extent Tenant's award attributable b such improvements is not sufficient to pay for the cost of restoration, replacement and rcconstruction. (c) In the event of aay Taking of all or any portion of the Demised Premises, Landlord shall be entitled to an award based on the Tating of or injury to the fee simple estate in the Demised Premises as encumbered by this Lease and subject to TenanYs interests in the Demised Premises and Improvemenis, and Tenant shall be entitled to sn award based on any luss or reduction of or damage to its leasehold estate, lass of or damage to any building or other ir�aprovements constructed or placed on the Demised Ptemises, loss or interruption of business and the cost of any alkrations or re5Koration resulting from any such Taking. Any single award or settlement shall be allocated between the parties in a�cordance with the foregoing. Landlord and Tenant shall together make one claim for an av�ard for their combined interests in the Demised Premises; and, to the extent possible, the parties shall cooperate to maximize that arvard. . (d) Landlord and Tenant shall each have the right to make individual claims in the applicable condemnatiom action (including by supplemental proceedings) in furtherance of their respective interests in any combined award when it 's made. However, if the court fails or refi�es to grant separate awards to Landlord and Tenant upon a Taking of all or any poation of the Demised Pcemiscs, Landlord and Tenant agree that the detern►ination of such allocation siall be made in accordance with the appraisal procedures in Section 41 below, applied to deternune tbe mazket values of Landlord's and Tenant's respective interests under Section 23(c) above, and with the actual award to be apportioned based on those relative values. Section 24. Utility Easements. Tenant shall �ave the right to enter into reasoaable agreements with utility suppliets creating easements in favor of such suppliers, i�luding, without lunitation, suppiiers of gas, electricity, telephone, telecommunicaHons, internet and fiber �ptic services, water and sewer, as aze required n order to service the buildings and imQrovements on the Dtmised Premises, and any other easements reasonably necessary for the development of the Facilities. To the extent set farth in die standard easement forms of the �plicable utility suppliers, any sach easements shall require the utility supplier to restore the easement area following any construction or repair wark and such easements shall reserve the rights of the owner.of the Demised Premises to relocate such utility lines fxom. time to time at such owner's expense (provided, however, the foregoiLg shall not operate to permit Landlord to so relocate any such utility lines during the term of this Lease). Landlord covenants and agrees tn consent to such easements and to execute any and all documents, agreements and instruments, ac�[i to take all other actions reasoc�ably required in order to effectuate the same, all at Tenant's cost aad expense. Section 25. Leasehold Mort¢aaes. (a) Notwithstanding any other provision hereof to the contrary, Tenant shall havc thc right, following the Rent Commencemcnt Date and after issuance of a final certificate of occupancy from Weld County for the Facilitics, to canvey or encwnber, by mortgage, deed of trust or similaz financing instrument, Tenant's leasel�old estate in the Demised Premises and on�mership interests in the Improvement�, or any part thereof (each such leasehold mortgage, decd of trust or other financing instrument being herein refernd to as a"Leasehold Mortgagee" and the holder thereof as a"Leasehold Mortgagee'�. The execution and delivery of a Leasehold Mortgage shall not, ia and of itself, be deemed to constitute an assignment or transfer of this Lease, nor shall the Leasehold Mortgagee, as such, be dcemed an assigaee or tcansferee of this Lease so as to require such Leasehold Mortgagee to assume the perfocmance af any of the covenants or agreements on the part of Tenent to be performed hereunder. If Tmant shall enter into any such financing arrangement, it shall deliver to Landlord true and oomplete copies of the instruments effecting such transaction. Simultaneously with the delivery t� Landlord of the aforesaid instruments effecting such transaction, Tenairt shall also give Laadlord notice of the name and address of the party providing such financing. (b) Tenant agrces that Tenant st�all not encumber its leasehold estate with mae than one (1) Leasehold Mortgage at one time without the prior written consent of Landlord. With nespect to any Leasehold Mortgagee or other persoo providing financing es to which Landlord shall have been given notice, the following shall apply notwithstanding any other provision of this L,ease to the contrary: (i) No voluntary termination by Tenant of this Lease shall be effective unless cotsentcd to in writing by such Leasehold Mortgagee; �d any material amendment or material modification of this Lease or the exercise by Tenant of any op6on to terminate this Lease without the written consent of such Leasehold Mortgagee shall be voidable as against such Leasehold Mortgagee at its option. If any Leasehold Mortgaga shall fail to respond to any vKitten consent under this Section 25 within thirty (30) days after ihe receipt by such Lessehold Marttgagee of such written request (which written request shall make specific reference to this Scction 25), the Leasehold Mortgagee shall be deemed to have granted its consent to such raquest (unless otherwise provided in the Leasehold Mortgage). (ii) Landlord shall give any and all notices given to Tenant hereunder sinulteneously to any such Leasehold Mortgagee at the address of such Leasehold Mortgagee prwided to Landlord, and no such norice shall be effective as to svch Leasehold Moatgagee unless and imtil a copy thereof has been given to such Leasehold Mortgagee. In the event Landlord sends Tenant a nodce of default, from and aRer the time that such norice has been delivered to such Leasel�ld Mortgagee, such Leasehold Mortgagee shall have a period equal to the period gianted to Tenant plus, wit6 respect..to mnnetary defaults, . an additional ten (1.0) business days in which to effect a cure, and with respect to non-monetary defaults only, an additional thirty (30) days in which to e�ect a cure of any default by Tenant under this Lease. Landlord shall �ccept performance of any and all of Tenant's obligations hereunder, including the obligations to pay Rent, from any such Leasehold blortgageo, and the performance of such obligation by such Leasehold Mortgagee shall be damad to have been a cure effected by Tenant (1ut without the Leasehold Mortgagee being thereby deemed to have assumed Tenant's obligations hereunder). Landlord shall not exercise �y remedies for terminating this Lease because of a Tenant default so long as any cure rights of tbe Leasehold Mortgagee hereunder remain outstanding. Landlord hereby consents to the entry into the Demised Premises by any snch L,easelwld Mortgagee for the purpose of effecting the cure of any default by Tenant In the event of a default by Tenant hereunder, any Leasehold Mortgagee may effect ttbe cure of such 9s2f6.7 default by foreclosing its Leasehold Mortgage, obtaining possession of the Demised Premises, and performing all of TenanYs obligaaons hereunder. (iii) If it shall be necessary for any svch Leaschold Mortgagee to obtain possession of the Demised Premises to effect any such cure of a default by Tenant under this Lease, then Landlord shall nat commence any ptoceeding or action to terminate the term of ttus Lease if (A) such Leaselwld Mortgagee shall have infarmed Laadlord within the Leasehold M�rtgagee's cure period that such I.easehold Mortgagce is proceeding to foreclose its I.easehold Msrtgage, (B) the Rent shall be paid and all other provisions and reqwrements of this Lease which aze capable of being observed and performed by the Leas�hold Mortgagee without obtaining possession of tbe Demised Premises are so ob�rved and timely performed within the Leasehold Mortgagee's cure periods while any such foreclosure, othet action or other remedy is being prosecuted by any such Leasehold Mortga�ee and Sor so long thereafter as such Leasehold Mortgagee shall have obtained possession of the Demised Premises, and (C) such Lcasehold Mortgagee shall be diligently prosecuting such fareclos�e and attempting to cffect a cure of the default. In addition, aay cessation of business operations in the Demised Premises shall not canstitute a def�ult or pamit Landlord to exercise termination rights hereunder as against the Leasehold Mortgagee (or its designee or foreclosure purchaser) if business operations are resumed within 90 days aRer the Leasehold Mortgagee (or its designee or foreclosure purchaser) sicceods to TenanYs interests under this Lease, or such cessation otherwise gives rise to a default by Tenant, whichever is later (the "Operations Grace Period"). Nothing herein contained shall be deemed to require the Leasehold Mortgagce to continue with any foreclosure or other pmceedings if the default in respect to which Landlotd shall have given the notice shall be remedied. (iv) Landlord agrces that in the event of the termination of this Lease by roson of any default by Tenant, or of the rejection of this Lease in any federal bankruptcy case urvolving Tenent as the debtor, and if Landlord has, prior to such termination or rejection, been givzn written norice of the name and address of such Leasehold Mortgagce, Landlord vv�11 enter urto a new lease of the Demised Premises with any Leasehold Mortgagee or its nominee for the remainder (or what would have been the remainder) of the term of this Lease, effective as of the date of such termination or rejection, at the Rent and upon the terms, options, provisions, co�enants and agreements as herein contained for sudi remainder (subject to the Opererions Grnce Period), provided: _ (A) Such Leasehold MortgaSee shall make written request upon Landlord for such new lease prior to or within tlurty (30) days after the date of notice from Landlord to the Leasehold Mortgagee of the tern►ination or rejection and of the right to make the new lease hereunder, and such written request is accompanied by payment to Landlord of all suns then due to Landlad hereunder, which shall be accounted for in Landlord's notice; (B) Such Leasehold Mortgagae or its nominee shall pay to Laadlord at the time of the execution and delivery of said new lease any and all sums which would at that tune be due hereunda but for such termination or rejection, together with any expenses, including reasonable attorneys' fees, inciured by LandlQrd as a result of such termination, as well as in the preparation, execution and delivery of such new lease; �, (C) Any new benant other ttian the Leasehold Mortgagee or its foroclosure purchaser shall have operational experience md financial strength that would qualify for a permitted assignmern of this Lease under Section 16(a) hereof; and (D) The Leasehold Mortgagee shall establish to the satisfaction of Landlord the Leasehold Mortgagee's interests under a Leasehold Mortgage permitted by this Sedion 25. (v) No Leasehold Mortpgee sball bemme liable under the agreements, terms, covenants or conditions of this Lease unless and unril it bacomes the owner of the leasehold estate, and then only to the extent of obligations accning thereafter. Any assignment of the entire interest in this Lease by any owner of the leasehdd estate whose interest shall have been acc�uired by, through or nnder any Leaselwld Mortgage or from any holder thereof (including, without limitatioq any noaunee of the Leasehoid Mortgagee) shall be subject to Section 16 of this Lease, and the assignor shall be relieved of �y further liability which may accnu hereuader from and after the date of such assignment, provided that the assignee meets the applicable qualifications set forth in Section 16, and shall execute and deliver W Landlord a reeordable instnanent of assumption wherein such assignee shall assume and agree to perfotm and observe the covenants and coaditions in this Lease contained on Tenant's part to be performed and observed, it being the intention of the parties that once be Leasehold Mortgagce or its nominee or foreclosure purchaser shall succeed to Tenant's interest hereunder, any and all subsequent assi�ments (whether by such Leasehold Mortgagee, its nominee, or any purchaser at a foreclosure sale or other transferee or assignee from Leasehold Mortgagee or its nominee) shall upon ihe aforesaid assumption and agreement by the assignae, effect a release of the assignor's liability hereundet. Nothing herein or in Section 16 hereof shall preclude any I,easehold Mortgagee or its nominee or foreclosure purchaser from succeeding to Tenant's interests heneunder by foreclosure or assignment in lieu thereof, or restrict such succession, and notwithstanding any of the pmvisions hereof indicatiig to the contrary, any of them as a successor to Tenant will be subject only W termination of this i,ease or eviction, and not have an7 personal liability, in the case of a default. (vi) Nothing herein contained shall require any Leasehold Mortgagee or its nominee or foreclosure purchaser to cuce any default by Tenant hereunder. All references in this Seetion 25 to any termination of this Lease by Landlord shall be deemed to include any dispossession of Tcnant for a default. (vii) In consideration of Landlord's foregoing agreement with respect to the rights of the Leasehold Mortgagees, all Leasehold Mortgagees shall be deemed to have acknowledged that upon the termination or expiratioi of this Lease, I-andlord becomes the absolute owner of the Improvements installed a constructed on or under the Demised Premises &ee and clear of the liens or claims of the Leasehold Matgagee. (vui) If requested by any Leasehold Mortgagee from time to time, Landlord agrees to execute and deliver fiuther confirmarions of the Lcasehold Mortgagee's rights hereunder, and also supplements or modifications to such rights, provided that any supplemonts or modifications requested by the Leasehold Mortgagee shall.not have a material adverse effect � oa the Landlotd's interests under this Lease or in the Demised Premises, as reasonably determined by the Landlad. (ix) Leaschold Mortgagees shall be third-party beneficiaries of the provisions of tus Section 25. Section 26. Quiet Eniovmen� Status of Landlord's Tifle. (a) Landlord covenants and warrants that Taiant, upon paying the Rent and all other sums and charges to be paid by it as herem provided, and observing and keeping all covenants, wairanties, agreements and conditions of this Lease on its part to be kept, all within We cure periods provided hereia, shall quiethy have and enjoy tle Demised Premises during the term of tlris Lease, without hindrance or molestation by anyone. (b) Landlord represents and warrants to Tenant that Landlord owns fee simple title to the Demised Premises &ee and clear of aay liens, encumbrances and restrictions, except only those matters set forth on Exhibit "B" (the "Title Exceprions'� attached hereto and by teference made a part hereo� and that Landlord has the power and suthority to execute and deliver this L.ease and to cazry out mmd perform all covenants to be performod by Landlord haeunder. (c) Landlord warrants and covenants that the Demised Ptemises and any inttrests of [andlord therein are not ptesently subject W or encumbered by any deed of hvst, mortgage or similar lien. In the event Landlord hereafter grants any deed of trust or mortgage encumbering Iandlord's interests in the Demiscd Premises, such deed of trust wil! be subject to all the rights and interests of Tenant under this Lease, which will have and retain priority over any such mortgage or deed of mist, and Tenant will have no obligation to subordinate its rights and iaterests hereunder to any such deed of irust or mortgage. In the eve� of any foreclosure or deed in lieu of foreelosure under any such deed of tn�st or mortgage hereafter arising, Tenant agrees that Tenant will recognize and attorn to Landlocti's successor in interest by virtue thereof as the new "Landlord" under this L.ease, subject to such successor's performance and observance of Landlord's obligations hereunder. (d) Landlord acknowledges that, upon the establishment of the Rent Commencement Date of this Lease and the recordation of the Short Form Lease, Tenant i�ends to obtain a leasehold title insurance policy insuring Tenant's leasehold estate in the Demised Premises. buring the 20-day period after the Effective Date (the "Title Review Period'�, Tenant may examine title to the Demised Premises (which may entail, at TenaaYs election, Tenant's obtainment of a title insurance commitment and/or current survey) and advise Landlord in writing of any defects or objections affecting the title to the Demised Ptemises or the use thereof by Tenant disclosed by such title exa�nation, such defects and objections to be deterniined by Tenant in its discretion. From time to time prior to the Rent Commencemcnt Date, Tenant may update the effective date of such title examination and give notice to Landlord of all defects or objections (again as detamined by Tenant in its discretion) and appearing of record or added to the 6tle insurance commitment subsequent to the effective date of its previous title exauuination and (if applicable) survey, as the case may be (provided Tenant may not object to any matters cause� by Tenant}. Landlord shall have ten (10) days after neceipt of such notice of title defects or objections from Tenant to advise Tenant in writing � wirich of such title defects or objections Landlord does not intend to satisfy or cure to Tenant's satisfaction (and Landlord will otherwise be obligated for such satisfaction and cure); provided, horwever, Landlord hereby agrees that Landlord shall sarisfy and secure the release and dischazge of any Taxes, mortgagcs, deeds of mut, mechanic's or materialmen's liens ar other such monetary enciunbrances ("Monetary Liens'�. In addition, from and after the Effective Date, Landlord shall not make any grants or cause or suffer any further liens, covenants, easements, or ather encumbrances against or matters affecting title to ti�e Demised Premises e�ocept as otherwise provided in Section 26(c). Subject to the qualification hereinaRer provided, Landlard further agrees that Landlord shall, for ihe issuance of Tenant's leasehold title nsurance policy, deliver to the title insurer a customary owner's affidavit (the "Owner's Affidavit'� in a form sufficient to delete the so-called "standard excepdons" in an ALTA dtle uisurance policy. If Landlord shall advise Tenant in writing that Landlord does not ic�tend to satisfy or cure any specific non-monetary encumbrances, or otherwise fails to satisfy its obligations under the foregoing provisions, Tenant may elect to (a) terminate this Lease by written notice to Landlard, (b) accept its leasehold estale subject to such specific non-monetary �ncumbrances or the pertinent failure of Landlord's obhgations, or (c) in the case of any failure of Landlord to pay any Landlord Liens or satisfy any other cure obliga6ons undertaken by the Landlord under the foregoing provisions, exeroise Tenant's remedies under Sectioa 27(d) hereaf. Unless otherwise agreed by Landlord and Ten�t, Landlord shall have until the satisfaction of the Entitlements Condition to satisfy or cure all such defects and objecxions which Landlord agreed (or is deemed to have agceed) to satisfy or cure as provided above. The foreganng shall not be construed, however, to limit Tenant's rights to ternunate this I.esse pnrs�ant to the Due Diligence Condidon for any dissatisfaction with tide that Tenant may have. In fiuther clarificarion, and notwithstanding anything to the contrary contained herein, if, as provided herein, Landlord does not agree to cure all of Tenant's objections to tide and Tenant does not terminate this Lease as provided above, then Tenant will be deemed to have waived its objections to any title matters that Landlord did not a�ee to cure (subject, however, to Tenant's election under clause (c) above). The Owner's Affidavit shall be subject to any title matters that Landlord dces not agree to cure to the extent they are relevant to the terms of the Owner's Affidavit. (e) Landlord hereby assigns to Tenant all of Landlord's rights and interests in and to suveys of the Demised Premises held by Landlord, including, without limitation, the land survey glat prepared by TST Inc., Job No. 0039.0004.01, and any improvement survey plats or ALTA surveys- ("Landlord's Snrveys'�;--provided, however, fiat I;andlord shall retain non-exclustve rights to use and enjoy Landlord's Surveys for its own purposes in relation to the Demised Premises. This assignuient is subject to the condition subsequent that Tenant not terminate this Lease pursuant to the Due Diligence Condition, Entitlemerns Condition or Permits Condition. Oa the date of the mutual executioa and delivery af this Lease, Landlord will inform the suveyor(s) for the Landlord's Surveys of this assignment and instruct and authorize the 9urveyor(s) to make adjustments and supplements for the Landlord's Surveys as requested by Tenant Secrion 27. Defaults. (a) The following events shall ca�stitute events of default under this L.ease (all references in this Lease to any defauh by Tenant, or similar references, shall mean events of �., default as defined below, aftcr expiration of epplicaHe cure periods without a cure being effected): (i) Tennt's failure to pay any installment of Basic Rent, Percentage Rent or Additional Rent when t6e same shall be due and payable and the continuance of such failure for a period of five (S) business days after receipt by Ten�t af no6ce in writing from Landlord specifying the nature of such failure; provided, however, Tenant shall be entitled to only two (2) :uch notices for monetary defaults d�uing any twelve (12) month consecutivc period, and if thc�after any Rent is not paid when due within that 12-month petiod, then the foregoing cure perHod will run with respect thereto from such Rents' due date, without any notice from Landlord; (ii) Tenant's failure to perform any of the other covenants, wnditions and agreements herein contained on Tenant's part to be kept or performad aad the continuamce of such failure without the curing of same for a period of thirty (30) days after receipt by Tenant of notice in writing &om Landlord specifying the nature of such failure, and provided Tenant shall not cure said failure (and further subject to exunsion of this cure period under Section 27(b) below); (iii) If Tenant shall (A) file a petition oommencing a voluntary case under any applicable federal or staite bankruptcy, insolvency or other similar law; (B) make a general assignment for the benefit of its cteditors; (C) file an application for, or consent to, the appoinhnent of any receiver or a petmanent or iaterun trustee of Tenant or of all or a substantial portion of its property; (D) file a petition seeking a reaganization of its financial aflairs or to take advantage of any banla'uptcy> insolvency or similaz law, or an answer admitting the material allegations of a petition filed against it in any procecding under any such law; (E) take any action for the purpose of effecting any of the foregoing; or (F) be the subject of a decree or order for relief by a court having jurisdiction in respect of Tenant in any involuntary case under any applicable federal or state baniQuptcy, insolvency or similar law; or (iv) If any proceedings brought against Teoant seeking any of the relief maitioned in Section 27(a)(iii) above shall not have been dismissed within ninety (90) days. (b) In the event that Landlord gives notice of a default referred to in Section 27(a)(ii) and said defautt is of such a natwe that it cannot reasonably be cured within such thirty (30) day period, then such default shall not bo deemed to occur so long as T'enant, afier receiving such notice, promptly ptocceds to cure the default and continues to take all steps necessary to complete tfie same promptly. Notwithstanding anythiug to the contrary contained in the foregoing sentence, thue shall be a default herennder if Tenant fails to cure such default on or before two (2) months after notice thcreof; provided, however, if Tenant's failure to cure in such time period is a result of Force Majeure (as defined in Section 45 below), then such cure period shall be automatically extended for each day of delay due to Force Majeure. (c) In the event of default of Tenant, Landiord, at its option shall have, in addition to, and not to the exclusion of, any and all other rights and remedies hereunder or at law or in equity, but subject to applicable law, (i) the right tn declare the term of this Lease ended, re-enter the Demised Premises and take possession thereof, terminating ail of the rights of Teaant under this Lease and in and to the Demised Premises and to collect from Tenant all aosts and damages to which Landlord is entitled as a result of such default; or (ii) the rights, without declaring the term of this Lease ended, to re-enter the Demised Premises and to occupy the same, or any portion thereof, or to lease the whole or any portion thcreof, for and on account of Tenant as hereinafter provided, appiying any monies received first to payment of 9uch expenses, including attomey's fees and real estate commissions paid, assumed or incurred by Landlord in or in connection with the recovery, cleaning, repairing, altering, restoring and �letting of the Demised Pramises and then to the fulfillment of the obligations of Tenant hereunder, with any such reletting to be for such a term, at such rent, and on such other conditions as Landlord in its sole discretion deems advisable, and retaining the right to bring aciion against Tenant for the recovery of dama�es sustained by Landlord as a result of Tenant's default; or (iii) the right, even though it may relet all or any portion of the Demised Premises as above pmvided, to there.after, at any time, terminate this Lease for such previous default on the tat of Tenant, retaining the right to bring legal action against Tenant for recovery of dacnages s�atained by Landlord as a result of Tenant's default. (d) If Landlord defaults in any of its obligations under this Lease, and does not cure suct� default (i) within ten (10) days after notice from Ta�ant in any case where such default can be cured by the payment of a sum, or (n) within thirty (30) days after notice from Tenant in the case of any other default, then Tenant shall have the right to perform or discherge the defaulted obligation. Tenant may offset against the TenanYs Rent obligations hereunder any costs and ezpenses incumd by Tenant in curing or dischazging the Landlord's defaulted obligations as afacesaid, including, without limitatioq attomeys' fees and settlement or payment anounts incurred to third parties; provided, however, that if the pertinent obligation owing to any third pazty is not liquidated in atnount, any settlement payment to that party may be offset against the Fbent only so long as the amount thereof is reasonable (and Tenant aad Landlord mutually agree to confer reasonably in this regard). Actions taken by the Tenant may include paying, purchasing, contesting oa� compromising any valid encumbrance, charge or li� affecting the Demised Premises, or any other title matter affecting the Demised Premises tl�at gives rise to a dtfault of Landlord's obligations under this Lease, This Section 27(d) shall be cumulative with and without limitation on Tenant's rights and remedies available at law or equity for any default by Landlord hereunder. Section 28. Intcrest and Late C es. All Rent owed by Tenant to I,andlord under this Ixase shall bear interest from the fifth (Sth) business day after the date due until received by Landlord at eighteen percent (18%) per annum. In addition, if any installment of Basic Rent inder this Lease is not received by Landlord on or bef�re the fifth (Sth) business day aftcr the �ue daie, a"late charge" of 5375.00 may be charged f�y Landlord, as Addidonal Rent, for the purpose of defraying Landlord's administrative expaises incident to the handling of such werdue payment Section 29. Waivers. Failure of Landlord or Tenant to oomplain of any act or omission an the part of the othor party no matter how long the same may continue, shall not be doemed to be a waiver by said party of any of its rights hereunder. No waiver by I.andlord or Tensnt at any time, express or implied, of any lneach of any provision of this Lease shall be decmed a waiver of a breach of any other provision of this Lease or a consent to any subsequent breach of the same or any other provision. �., Section 30. Brokera¢e Commissions. Each party represents to the other that there are no b�okers engaged by, through or under the representing party in connection with this transaction, aid that there ate no obligations inctured by, through or under the represeating party for the pa}rment to any broker of any commission or other compensation in connection with this transaction. Each party agiees to indemnify thc other against any claim for any brokerage c�mmission or other compensation wtrich azises out of a breach by the indemnifying party of its teptesentation under the foregoing provisions, mmd aay applicable lien claim arising therefrom, to�ether with any cost or expense, including reasonable attomeys' fees, that the indemnified pady may incur in connection with any such claim. Section 31. ReQrese�tations and Warranties. To induce Tenant to enter into this Lease; Landlord dces hereby expressly warrant and represent to Tenant the following: (a) There are no actions, suits or proceed'a�gs of any kind or nature whatscever, legal or equitable, pending or, to the best of Landlard's lrnowledge, threatened against the Demised Premises or Landlord in any court or before or by any federal, state, county or municzpal department, commission, board, buresu or agency or other govemmental instrumentality, including, without limitation, anY condemnation or eminent domain procadings. (b) No person, fum, corpoiation or other leaal entity whatsoever (other than Tenant) has any right or option whatsoever to acquire or lease the Demised Premises or aay portion or portions thereof or any interest or iateiests therein. (c) To the best of Landlord's knowledge, the Demised Premises are not and will not be subject to or affected by any special assessments, whether or not presenUy a lien thercon. (d) To the best of Landlord's knowledge, without independent inquiry, there is no existing violation or breach of any ordinancc, code, law, nile, requirement or regulation applicable to the Demised Premises. Section 32. Rip�t►t of First Offer. (a) If during the term of this Lease Landlord determines that Landlord desires to offer the Demised Premises for sale to a proposed unaffiliated purchaser, or if Landlord receives an offer to purchase the Demised Premises from an unaffiliated third party that Landlord wishes to accept, and Tenant is not in default hereunder, Landlord shall offer Tenant the right to purchase the Demised Premises by sending to Tenant a written notice of all material terms of the offer to sell or purchase necessary to complete the transaction, including the price, paytnent teans, conditions of title, costs of esctow and other relevant terms, and a complcte contcact if one has been tendered, such notice to also identify the third-party purchaser. Tenant shall have fifteen (IS) days after receipt of such ndice b� exercise its right to purchase by providing writt:en notice to Landlord. If Tenant exercises tfie right to purchase as herein provided, such purchase and sale shall be on the te�cns presented to Tenant, and Landlord will be bound to sell to Tenant on those terms. Tenant shall have the remedy of specific perfarmance to enforce Landlord's obligations to con�ey the Demised Premises pursuant to any exercise by Tenant of its rights hereunder (for wluch time shall be of the essence). If Tenant � dces not provide norice of exercise within said 15-day period, then Landlord may proceed to sell the Demised Premises to the applicabie third padty subject to the terms and condi6ons provided in Landlord's notice to Tenant, and otherwise oa terms that are not materially more iavorable to the third party than those presented to Tenant. If Landlord dces not compkte the sale of the Demised Premises to the subject third party, in accordance with the foregoing lrovisions, within six (6) months after the end of TenanY s exercise period, and if Landlord determines again that Landlord desires to offer the Demised Premises for sale, L.andlord must lhen again comply with the terms hereof and Tenant shall again have the right of first offer contained herein. However, in the event Tenant ever exercises its right of first offer but then lreaches Tenant's required closing performance therefor, then Tenant's right of first offer iaeunder will terminate and be of no further force or eff'ect. (b) This Section 32 shall not apply in the event (i) of a sale or transfer of I.an�dlord's iiterest in the Demised Premises pursuant to the forecbsure of any deed of trust, mortgage or �ther similar secwity insuument, whether by judicial or non judicial sale, or any deed in lieu of foreclosure, covering the Demised Premises or Landlord's fee interest therein; (ii) any transfer ef the Demised Pnnnises or any direct ar indirect intemst therein to any form of joint ventire of which Landlord is a party; (iii) any sale involving other properties of Landlord as well as the Demised Premises; (iv) any exchange of the Demised Premises for other property in a transaction where the applicable third pariy actually provides the exchange property (versus merely serving as an exchange accommodator); or (v) any comeyance to any party or entity sffiliated with Landlord or any of the principals of Landlord or any of their family members, or otherwise not on an arm's-length basis. Further, this Section 32 shall not apply to any transfer bp descent or devise following the death of any party holding an ownership interest in Landlord or to transacdons by and among Landlord or any faanily member of any party holding an ownership interest in Landlord or their affiliates, including, without limitation, tcusts, coiporations or other entities having a majority interest owned by or inuring to the benefit of I,andlord or any family member of any party holding an ownership interest in Landlord or their affiliates. However, the provisions of this Section 32 and TenanYs right of first offer under Section 32(a) shall be and remain binding upon any parchaser or transferee under this Se�tion 32(b) and such purchaser's or transferee's heirs, successors and assigas. Section 33. Notices: Business Days. (a) Every notice,. approval, consent, or other commtmication authorized or �quired by this Lease shall not be effecrive unless the same shail be in writing and delivered (i} by hand delivery; (ii) by reputable overnight courier guaranteeing next day delivery, delivery charges prepaid, and addressed to the applicable street address established hereunder; (iii) by e-mail or f�simile sent on a busness day during the business hours of 9:00 a.m. until 7:00 p.m., local time where the Demisad Premises are situated, pursuant to the applicable e-mail addresses or facsimile numbers set forth below, or such other e-nail addresses or facsimile numbers as either party may desi�►ate by notice given from time to time m accordance with this Section 33; or (iv) by United States registered or certified mail, return receipt requested, postage prepaid, directed to the other party at its address set forth below, or such other address as either party may designate by notice given from time to time in accordance with this Section 33. Such notices or other communications shall be effective (A) in the case of hand delivery, on the date �f delivery to the party to whom such notice is addressed at its street address estabiished for � mtice purposes, (B) if by ovemight courier, one (1) business day after the deposit thereof with ail delivery charges prepaid, (C) if by e-mail or facsimile, on the date of transmissioq provided that such transmission is sent on a business day, during the hours stated above, and provided that successful trazismissioa of any facsimile notice is confirmed on the facsimile facilities of the noticing party as a cegular function thereo� and (D) in the case of registered or ccrtified mail, the earlier of the date receipt is acknowledged on the retuin receipt for such notice or five (3) business days after the date of posting by the United States Post Office. The Rent payable by Tenant hereunder shall be paid to Landlord at the sane place where a notice to Landlord is herein required to be directed. Any notice may be given on behalf of a party by its legal counsel. Streedmailing addresses, e-mail addresses, and facsiaule numbers for notices shall initially be as follows: For Landlord: Burger Avenue Investments, LLP Attcntion: David L. Osboro 217 West Olive Street Fort Collins, CO 80521 Facsimile: 970-4842620 E-mail: dosbornlaw@comcast.net In the case of any notice to Landlord, a copy theieof shall be delivered contemporaneously to: The Osbom Law Firm, LLC Attention: David L. Osbom 217 West Olive Street Fort Collins, CO 80521 Facsimile: 970-484-2620 E-mail: dosbomlaw(a3comcast.nei For Tenant: J.D. Carpenter Companies, Inc. Attention: Dave Cacpenter 4060 NW Urbandale Drive Urbandale, IA 50322 Facsimile: 515-334-7390 �mail: dcarpenter@shortstopstaes.com In tbe case of any notice to Tenant, a copy thereof shall be delivered contemporaneously to: Robert C. Fisher, Jr., Esq. Otten, Johnson, Robinson, Neff & Rago�tti, P.C. 950 Seveeteenth S�eet, Suite 1600 Denver, Colorado 80202 Facsimil� (303) 825-6525 E-mail: bfisher@ottenjohnson.com � (b) All references herein to any dates or times shall be applied and determined by reference to local time where the Demised Premises are situated. As used herein, the term "business day" shall mean any day other than a Satu�day, Sunday or legal holiday for which U.S. mail service is not provided. Whenever any date or the expiration of any period specified under this Lease, whether for the satisfaction of any condition or the performance or observance of any obligation hereunder (including, without limitation, the payment of any Rent), falls on a day other than a business day, then such date or period shall be deemed extended to ti�e next sncceeding business day thereafter. Section 34. Fstopvel Ccrtificates. Either party shall, without charge, at any time and fr�n time to time hereafter, witlun ten (10) business days aRer written request of the other by notice hereunder, certify by written instrument duly executed and acknowledged to the requesting party, and any designated martgagee or purciaser or pmposed mortgagee or proposed gurchaser, or any other person, fim� or entity specified in such request, (i) as to whether this Lease has been supplemented or amended, and, if so, the substance and manner of such sipplement or amendment; (ii) as to the validity and force and effect of this Lease, in accordance with its tenor as then constituted; (iii) as to the existenae of any default under this I,ease, a any cancumstances which with the giving or norice or passage of time, or both, would become a default (in each case other tban a Tenant dcfault in paying Rent, based on the responding party's knowledge); (iv) as to tbe existence of any known outstanding offsets, counterclaims or defenses thereto on the part of such other party; (v) as to the commencement and expiration dates of the �un of this Lease; (vi) as to the amount of Basic Re�Y then payable hereunder, and (vii) as to �y other matters as may reasonably be so requested. Any such certificate may be relied upon by ti�e party requesting it and any other person, firm or corporation to whom the same may b� e�diibited or delivered, and the contents of such certificate shall be binding on the party executing same. In the event the responding party fails to fiunisl its response within the requisite 10-day bu�iness day petiod, it shall be conclusive upon the responding party that the matters requested br disclosure are in the status most favorable to the requesting pacty, as determined by the rquesting party. Section 35. Governin¢ Law. This Lease and the perforniance thereof shall be governed, nterpreted, construed and regulated by the laws of the State of Colorado. Seetion 36. Partial Invaliditv. If any term, covenant, condition oz provision of this Lease �r the applieation thereof to any peison or circumstance shall, at any time..oz to. auy extent, be nvalid or unenforceable, the remainder of this Lease, or the application of such term or rrovision to persons or circumstances other than ttiose as bo whieh it is held invalid or anenforceable, shall not he affected thereby, and each term, covenant, condition and provision of iiis Lease shall be valid and be enforced to the fullest extent permitted by law. Section 37. Short Form Lease. Landlord and Tenant shall execute and deliver a Memorandum of Lease in the form attached hereto as Exhibit "C' and made a part heaeof by this teference (the "Short Form Lease") upon the establisbment of the Rent Commencement Date, which will constitute a short form of ttus Lease. Any and all recording costs requ'ved in eonnection with the recording of such Short Fomi Lease shall be paid by Tenant �.� Section 38. Inte;pretation. Wherever herein the singular uumber is used, the same shall include the plural, and tbe masculine gender shdl include the feminine and neuter genders, and vice versa, as the context shall require. The section headings used herein are for reference and c�nvenience only, and sbal] not enter into the interpretatan hereof. This Lease may be exxuted in several counterparts, each of which shal] be an original, but all of which shall constitute one aad the same instrument. Section 39. Entire Agreement• Modification of Lease. This Lease and any other documents or instruments referred to herein constitute the entire agreement between Landlord and Tenant with respect to the subject matter hereo� and az�e intended to be a complete integradan of all understandings and agreements between I,andlord and Tenant with respact to szch subject matter, and any prior or extrinsic understaudings or agreements, whether written or vecbal, not embodied in this Lease or such other docwnents are specifically supeiseded hereby aad shall have no force or effect No provision of this Lease may be amended or modified or canceled in any respect except by writing executed by Lffi►dlord and Tenant Section 40. Parties. Except as herein otherwise expressly provided, the covenants, coiditions and agreements contained in this Lease shall bind and inure to the benefit of Landlord and Tenant and their respective heirs, successors, successors in title, administrators and assigns, and references herein to "Landlord" and "Tenant" shall include those parties. Section 41. Determinations of Value. (a) For any detemunation of the relevant fair market values under Section 23(b) or 5ection 23(d) above (in either case, the "Mazket Value Determinations'�, LandJord and Tenant sLall attempt to reach agreement on the applicable Maiicet Value Deternunations within one (1) month after the occurreuce of the Takaig (in the case of Section 23{b)), or one (1) month after the conclusion of the cQndemnation ptoceeding� (in the case of Section 23(d)), as applicable. If Landlord and Tenant are unable to agree in writing on the applicable Mazket Value Determinations prior to the applicable deadline, then the applicable Market Value Determinations sball be made by appraisal as hereinafter set forth. Such appraisal procedure s�all be commenced by one party delivering to the other a notice appointing its appraiser, Within fifteen (15) days after receipt of such notice, the other party shall appoint its appraiser and give norice of such appointment to the first party. Any appraiser appointed hereunder shall be a me.mber of the American Institute of Real Estate Appraisers (or successor organization) _. having at least five (5) years' experience in appraisal of real estate for commercial retail use in the Denver metropolitan azea and/or the Front Range area of Northesn Colorado. If the party receiving such first written notice shall fail to sppoint its appraiser within fifteen (I S) days after receipt of the first written notice, the Market Value Detemunatioa by the single appraiser appointed by the party giving such first written notice shall be final, binding and conclusive on Iandlord and Tenant Each appraiser as apQlicable shall prepare a written appraisal with respect to ihe Market Value Determinatiom at issue. If within thirty (30) days after appointrnent of the two appraisers, as described above, the two appraisers are unable to reconcile theu appraisals and agree in writing upon tke Mazket Value Detetminations, a third iadependent appraiser shall be chosen within fifteen (15) days thereafter with the mutual consent of such first two appraisers or, if snch first two appraisers fail to agi�ee ugon the appointment of a third appraiser within such fifteen (15) day period, such appointment shall be made by the Judicial Arbiter Group of Denver, or any arganization successor thereto. The third appraiser shall be subject to the same qualifications as are set forth above for the fust two appraisers, provided that the third appraiser shall also be independent of and unaf�liated with Landlord and Tanan� The third appraiser when appointed shall proceed to determine in writing which of the first two appraisals is the more accurate reflection of the applicable Market Value Deternrinations, ac►ci those Mazket Value Determinations shall be established on the basis of the appraisal chosen. The fees and expenses of the appraiser appointed by Tenant shall be paid by Tenant; the fees and expenses of the appraiser appointed by Landlord shall be paid by Landlord; and the fees and expenses of the ihird aQpraiser shall be divided equally between Tenant and Landlotd. Section 42. Counterpart Execution: Effective Date. This I.ease shall be executed in nultipk counte�arts, each of which shall be deemed an original, and all of which shall coLctitute one aad the same agreement. Tt�e "Effective Datc" of this Lease shall be the date upon which this Lease shall have boen fully executed and delivered by both Landlord and Tenant and each of Landlord and Tenant have received a fully executed counterpart hereof. The party last executing this Lease shall deliver a fully executed eounterpart (by both parties) to the other perty by ovemight courier for receipt on the next succeeding busmess day and shall insert as the Effective Date on all cowterparts of this I.ease such next succeeding business day. Sectio 4. Tenant Exclusive. During the term of this I.ease, Landlord shall not permit or suffer any uses which are competitive with those pemiitted for the Deaused Premises on any property that lies within a radius of one (1) mile fron the Demised Premises and is owned, wntrolled, or managed by Landlord or any affiliate of Landlord. For purposes of the foregoing, affiliates of Landlord shall include any entity which, by virhie of direct or indirect controlling m�mership interests, is controlled by, controls or is under common control with Laadlord, or any �cipals, owners, shareholders, partners, members, officers, dire�tors, managers, employces or �ents of Landlord or any such affiliate of Landlord, or any family members of any such parties. Section 44. Confidendalitv. Notwithstanding anything contained herein to the contrary, Landlord will hold all fmancial or other Tenant infoimstion coatained in this Lease or acquired from Tenant in confidence and will not disclose the same to any other party, except as set forth in Sec6on 9(c), and also except that Landlocd may reveal reported sales under Section 3(e) to any prospective mortgagee or purchaser of Landlord's interest in the Demised Premises or this Lease (and Landlord.shall cause those parties to preserre c.�nfidentiality).. _ Section 45. Force Majeure. If Landlord or Tenant shall be delayed, hindered or prevented from the performence of any act required hereunder by reason of strikes, lock-outs, labor �oubles, inability �o procure materials, failure of power, restrictive govemmental laws or re�ulations, riots, terrorist acts, public health concems not in the control of Tenant that materially interfzrc with Tenant's operations at the Demised Premises, insurrection, the act, failure to act or de�ult of the other party, war, or any reason beyond their conhol ("Force Majeure"), then pe�%rn�ance of such act shall be excused for the period of the delay and the period for the pe�ormance of any such act shall be extended for a poriod equivalent to the period of such delay; provided, however, the provisions of this Section 45 shall not operate to extend ti�e date Landlord is required to deliver possession of the De�sed Premises to Tenant or Landlord's observance of its covenants and representations hereunder concerning title and quiet enjoyment. Lack of funds shall not be a basis for avoidance or delay of any obligation under this Lease. Section �Igldovet• Tenant shall pay Landlad one hundred fifty percent (15(�i'o) of the monthly Basic Rent payable for the month immediately preceding the holding over period for each month or portion thereof that Tenant retains possession of the Demised Premises, or any portion thereof, after the expiration of tfie term of this I,ease (without reduction for any partial nanth that Tenant retains possession). The provisions of this Section 46 shall not constitute a waiver by Landlord of any re-entry rights of Landlord and TenanYs continued occupancy of the Deinised Premises shall be on a month-to-month basis. LANDLORD: BURGER AVENUE INVESTMENTS, LLP, a Colorado registered limited liability partnership sy: � ' L sborn, Managing Partner (TENANT'S SIGNATURE ON FaLLOW�NG Pt�GE] �., T'ENANT: J.D. CARPEN7'ER COMPANIES, INC., an Iowa Corporation i. � ave C , President ��, EXHIBIT A LEGAL DESCRIPTION PARCEL I: A 1RACT OF LAND STTUATE IN T'HE NE 1/4 OF THE NE 1/4 OF SECTION 10, TOWNSHIP 2 NORTH, RANGE 68 WEST OF THE 6TH P.M., WELD COUNTY, COLORADO, DESCRIBED AS FOLLOWS: BEGINNING AT THE NE CORNER OF SAID SECTION 10, THENCE SOUTH 89 DEGREES 31' WEST 450 FEET ALONG THE NORTH LINE OF THE NE 1/4 OF SAID SECTION 10, TI-�NCE SOUTH 30 FEET TO THE SOUTH RIGHT-OF-WAY LINE OF HIGHWAY NO. 119 (FORMERLY KNOWN AS HIGHWAY NO. 25), THE "IRUE POINT OF BEGINNING; THENCE SOUTH 89 DEGREES 31' WEST 65 FEET ALONG SAID SOUTH RIGHT-OF-WAY L1NE OF SAID HIGHWAY; TI�NCE SOLJTH 45 DEGREES 0S' WEST 234.1 FEET ALONG THE EASTERLY SiDE OF AN IRRIGATION DITCH; THENCE SOUTH 49 DEGREFS 35' EAST 303.0 FEET; THENCE NORTH 362.7 FEET MORE OR LESS TO TI� TRUE ?OINT OF BEGINNING EXCEPT THAT PARCEL IN RULE AND ORDER RECORDED JANUARY 19, 1995 AT RECEPTION NO. 2423540, COUNTY OF WELD, STATE OF COLORADO. ALSO EXCEPT THAT PORTION CONVEYED BY DEED RECORDED JANUARY 15, 1471 AT RECEPTION NO. I560570; together with all improvements thereon and appurtenances thereto. PARCEL II: THAT TRACT OF LAND LOCATED IN THE NE 1/4 OF SECTION 10, TOWNSHII' 2 NORTH, RANGE 68 WFST OF THE 6TH P.M., WELD COUNTY, COLORADO, BEING MORE PARTYCULARLY DESCRISED AS FOLLOWS; COIvIIuIENCIl�IG AT THE NE CORNER OF SAID SECTION 10; 7HENCE ALONG THE NORTH LINE OF SAID NE 1/4 S 89 DEGREES 31' (?0" WEST 450.00 FEET WHENCE THE NORTH 1/4 CORNER TE�REOF BEARS S 89 DEGREES 31'00" WEST 2191.17 FEET; TNENCE S 00 DEGREES 00' 00" EAST 3g2.20 FEET TO THE NOR'fHEAST CORNER OF THAT TRACT OF LAND KNOWN AS PARCEL 1 AS DESCRIBED BY DEED RECORDED AT RECEPTION i�01932647 OF WELD COUNTY RECORDS AND TF-iE POINT OF BEGINNING; TEIENCE S 90 DEGREES 00' 00" WEST 195.00 FEET; THENCE N 00 DEGREES 00' 00" WEST 166.02 FEET TO A POINT ON THE NORTHEASTERLY LINE OF THAT TRACT OF LAND KNOWN AS PARCEL 2 AS DESCRIBED BY DEED RECORDED AT RECEPTION �01932647 OF WELD COUNTY RECORDS; THENCE ALONG SAID NORTHEASTERLY LINE S 49 DEGREES 35' 20" EAST 256.10 FEET TO 'IHE POINT OF BEGINNING, COUNTY OF WELD, STATE OF COLORADO; together with all improvements thereon and appurtenanc�s thereto. EXHIBTT B TITLE EXCEPTIONS 1. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE FiIS ORE THEREFROM SHOULD THE SAME BE FUUND TO PENETRATE OR IIV'IERSECT THE PREMISES AS RESERVED IN UNITED STATES PATENT RECORDED JUNE 25,1890, IN BOOK 34 AT PAGE 332. 2. ACCESS RIGHTS CONVEYED BY INSTRUMENT RECORDED JANUARY I 5, 1971 AT RECEPTION NO. 1560571, 3. EASEMENT GRANTED TO UNION RURAL ELEGTRIC ASSOCIATION, WC., FOR ELECTRICAL FACILITIES, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED MAY O5, 1971, UNDER RECEP'i'ION NO. 1578186. 4. EASEMENT GRANTED TO UNION RURAL ELECTRIC ASSOCIATION, INC., FOR ELECTRICAL FACILTTIES, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED SEPTEMBER 06, 1972, UNDER RECEPTION NO. 1596958. 5. OIL AND GAS LEASE RECORDED JANUARY 21, 1976 UNDER RECEPTION NO. 1679348 AND ANY AND ALL ASSIGNMIIVTS THEREOF, OR INTERESTS THEREIN. 6. OIL AND GAS LEASE RECORDED MARCH 14, 1977 UNDER RECEPTION NO. 1713452 AND ANY AND ALL ASSIGNMII�]TS THEREOF, OR INTERESTS THEREIN. NOTE: EX'TENSION OF 'IT-� ABOVE LEASE AS CLAIMED BY AFFIDAVIT OF PRODUCTION WAS RECORDED JULY 18, 1977 UNDER RECEP'TION NO. 1724771 IN BOOK 803. 7. EASEI�NT GRANTED TO THE MOUNTAIN STATES TELEPHONE AND TELEGRAPH COMPANY, FOR COMMUNICATION FACILITIES, AND INCIDENTAL PURPOSES, BY INSTRiJMENT RECORDED MAY 06, 1981, UNDER RECEPTION NO. 1856984. 8. TERMS, CONDTTIONS AND PROVISIONS OF PERMANENT MAINTENANCE EASEMENT RECORDED SEPTEMBER 12, 1985 AT RECEPTION NO. 2024644. 9. EASEMENT GRANTED TO THE UNION RURAL ELECTRIC ASSOCIATION, INC., FOR ELECTRICAL FACILITIES, AND INCIDENTAL PURPOSES, BY INSTRUMENT RECORDED MARCH 26, 1987, UNDER RECEPTION NO. 20934d2. 10. EASEMENT GRANTED TO 'THE UNION RURAL ELECTRIC ASSOCIATION, INC., FOR ELECIRICAL FACILITIES, AND INCIDENTAL PURPOSES, BY INSTRUMEIVT RECORDED MAY 12, 1988, UI�IDER RECEPTION NO. 2140931. � 11. TERMS, CONDITIONS AND PROVISIONS OF TEMPORARY EASEMENT RECORDED SEPTEMBER 23,1993 AT RECEFTION NO. 2351682. 12. RIGHT OF WAY FOR IRRIGATION DITCH AS THE SAME EXISTS AND/OR IS USED. [If any of the foregoing Tide Exceptions prove to be inapplicable, Landlord and Teaant will enter into an amendment W this Exhibit B deleting any inapplicable Tide Exceptions.] � EXHIBIT C MEMORANDUM LEASE FORM [To be established by Landlord and Tenaat during the Due Diligence Period] NOTICE OF FIRST EXTENSION OF FNTiTLEIV�NTS PERIOD AND AMENDMENT TO LEASE Landlord, Burger Avenue Investments, LLP, a Colo�do registered limited liability partnership, and Tenant, J.D. Carpeater Companies, Inc., entered into a Ground Le.ase for 3914 Colorado Hwy 119, Longmont, Colorado, dated February I5, 2011(the "Leasc"). Sectioa 2(d) of the Lease provides that if tlu Dcvelopmcnt Approvals snd Permits (as defined in the I.ease) are ttot obtaiaed by 180 days afta the execution of the Lease (August 15, 201 I, sincx August 14, 2011, is a Sunday), Ten�t shall have the right to extend the Enddements Period (as defiaed in the Lease) for three (3} successive thirty (30) day periods. Tenant hereby gives Landlord notice that it is extending the Enritleatents Period for its Srst additional thirty (30) days to and including Septea�ber 15, 2011. Landlord hereby accepts this instrument as such notice. Tenant reserves the right to furtha extend the Entitiements Period as pmvided in Section 2(d) of the Lease. Landlard aclmowledges and agrees that Tenant has pc�esented and Landlord has approved the Concept Plang (as defined in end pucsuent to the reviaw under Section 9(a) of the Lcase). The approved Concept Plans are identified as ihe Building and Fuel Candpy Elevations dated June 16, 2011, and the Site Plan dated April, 2011, boti� being prepared by Galloway, Project No. SH0000001. Tenant has previously deposited with Landlord the sum of $15,000 pursuant to Section 3(i) of the Le,ase as pre-paid rrnt. I.aodlord and Tenant acknowledge that under Section 2(d) of the Lease, the extension fee for this first exteasion of the EntiUements Feriod is 57500.00 and is non-refundable subject to the terms of Section 9(a) af the I.ease. Landlord and Teueat now further agree that Landlord s�all apply S79D0.00 of the aforesaid 515,000 payment for this first extension period in satisfaetion of the requred extension fee, and shall dednct that sum from pre-paid rtnt, leaving the sum of $7500.00 as pre-paid rent Except as modified hereby, the Lease shatl remain in full force and effect in accordance with its provisions. This agreement may be executed in counterperts, which together shall constitute one and the same inshument. Either party may make legal delivery of its signed counterpart by �-mail or facsimile transmission of a copy thereof. Dated this � � day of August, 201 l. LANDLORD: TEhIATiT; BiAtGER AVENUE 1NVES'TMEIVTS, LLP J.D. CARPENTER COMPANIES, INC. /_ _l(-6l �' By. By, i/�t----- � $- i �- i � David L. Osbom, Date Dave Carpenter, te Managing Partner President �.�w, I(�ri� i���i ���i�t i�i�ii iii�i �i�u r�ii� i�i ��tr� �ii� �i�� 933 10/14/2011 04:48P Weld County, CO 3798 933 � af 3 R Zt •DO 0 O.fl� SPECIAL WA rkRRANTY DEED � [Statutory Form - C.R.S. § 38-30-115] BURGER AVENUE INVESTMENTS, LLP, a Colorado registered limited liability partnership, formerly known as Burger Avenue Investments, Ltd. ("Grantor"}, whose street address is Z 17 West Olive Street, Fort Collins, Colorado, Attention: David L. Osborn, for the consideration of Ten Dollars ($10.40) and other good and valuable consideration, in hand paid, hereby sells and conveys to BURGER AVEN(JE TNVESTMENTS, LLP, a Colorado registered limited liability partnership ("Grantee"), whose street address is 217 West Olive Street, Fort Collins, Colorado, Attention: David L. Osborn, the real property in the County of Weld and State of Colorado that is described on Exhibit A attached hereto and made a part hereof, with all its appurtenances, and warrants the title to the same against all persons claiming under Grantor, subject to the matters set forth on Fxhibit B attached hereto and made a part hereof. Signed this �lfi� day of ���� , 2011. BURGIIt AVENUE INVESTMENTS, LLP, a Colorado registered limited liability partnership (executing both as Grantor and Grantee, and, in its capacity as Grantor, formerly known as Burger Avenue Investments, Ltd. B• David . Osbom, Managing Partner S7'ATE OF COLORADO ) I �,t! ) ss. COiJNTY OF !�X I �Y�i� ) The foregoing instrument was acknowledged before me this � day of , 2011 by David L. Osbom, Managing Partner of Bur�er Avenue Investments, LLP, a Colorado registered limited liability partnership. Witness my hand and official seal. commission expires: � 1'� lY �� I� JEANNE T, SANFORD � ( r. Notary Publfc State of Colorodo Notary Pu c � �p��N�NH E*phea NevembAr 16. 2013 ------------------------------------------------------------------------------ Co�venience deed; consideration less than SSDO; no documentary fee required -------------------------------------------------------------------------------------- �� ��a.�kwu�.`h� _ THE OSBORN LAW FIRM, LLC 217 West Olive P.O. Box 2OO3 Fort Col�+ns: CO R0522 I��'Iri«i urni ������ ����i u��t i«ii �u ii��i ��i� i��� �� 10/1411011 04:48P Weld Couary, CO 3798433 2 0� 3 R 2�,00 D 0.00 Steva Moreno Clerk � Recorder Exhibit A LEGAL DESCRIPTION PARCEL I: A TRACT OF LAND SITUATE IN THE NE 1/4 OF THE NE 1/4 OF SECTION 10, 1'OWNSHIl' 2 NORTH, RANGE 68 WEST OF THE 6TH P.M., WELD COUNTY, COLORADO, DESCRIBED AS FOLLOWS: BEGINNING AT THE NE CORNER OF SAID SECTION 10, THENCE SOUTH 89 DEGREES 31' WEST 450 FEET ALONG THE NORTH LINE OF THE NE 1/4 OF SAID SECTION 10, THENCE SOUTH 30 FEET TO THE SOUTH RIGHT-OF-WAY LINE OF HIGHWAY NO. 119 (FORMERLY KNOWN AS HIGHWAY NO. 25), THE TRUE POINT OF BEGINNING; THENCE SOUTH 89 DEGREES 31' WEST 65 FEET ALONG SAID SOUTH RIGHT-OF-WAY LINE OF SAID HIGHWAY; THENCE SOUTH 45 DEGREES 0S' WEST 234.1 FEET ALONG THE EASTERLY SIDE OF AN IRRIGATION DITCH; THENCE SOUTH 49 DEGREES 35' EAST 303.0 FEET; THENCE NORTH 362.7 FEET MORE OR LESS TO THE TRUE POINT OF BEGINNING; F;XCEPT ZHAT PARCEL IN RULE AND ORDER RECORDED JANUARY 19, 1995 AT RECEPTION NO. 2423540, COUNTY OF WELD, STATE OF C�LORADO; AND FURTHER EXCEPT THAT PORTION CONVEYED BY DEED RECORDED JANUARY 15, 1971 AT RECEPTION NO. 1560570. F'ARCEL II: THAT TRACT OF LAND LOCATED IN THE NE 1/4 OF SECTION 10, TOWNSHIP 2 NORTH, RANGE 68 WEST OF THE 6TH P.M., WELD COUNTY, COLORADO, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NE CORNER OF SAID SECTION 10; THENCE ALONG THE NORTH LINE OF SAID NE 1/4 S 59 DEGREES 31' 00" WEST 450.00 FEET WHENCE THE NORTH 1/4 CORNER THEREOF �3EARS S 89 DEGREES 31'00" WEST 2191.17 FEET; THENCE S 00 DEGREES 00' 00" �:AST 392.20 FEET TO THE NORTHEAST CORNER OF THAT TRACT OF LAND I�NOWN AS PARCEL 1 AS DESCRIBED BY DEED RECORDED AT RECEP'FION �01932647 OF WELD COUNTY RECOR.DS AND THE POINT OF BEGINNING; THENCE S 90 DEGREES 00' 00" WEST 195.0Q FEET; THENCE N 00 DEGREES 00' 00" WEST 166.02 I�EET TO A POINT ON THE NORTHEAS'I'ERLY LINE UF T'HAT TRACT OF LAND ICNOWN AS PARCEL 2 AS DESCRIBED BY DEED RECORDED AT RECEPTION �`01932647 OF WELD COUNTY RECORDS; THENCE ALONG SAID NORTHEASTERLY LINE S 49 DEGREES 35' 20" EAST 256.10 FEET TO THE POINT OF BEGINNING, (:OUNTY OF WELD, STATE OF COLORADO. Parcels I and II described above constitute contiguous parcels, such contiguity being depicted in that survey recorded in the Weld County, Colorado (the "County") real property records on September 16, 2011, at Reception No. 3792832. Grantor and Grantee, for themselves and their successors in interest, and as a covenant and restriction running with the land for the benefit of the County, agree that Pazcels I and II described above (i) shall constitute one unified parcel for purposes of the County's subdivision ordinances and regulations, and (ii) may not be transferred separately from one another unless they are subsequentty resubdivided in accordance with the ('ounty's subdivision ordinances and regulations. A-1 9�8153.1 i�iiiii �t�ii «ii�� ii�iii iiiii i���� �ii� ui i�i�t i�iN ��ii 3798933 10/14/2011 04:48P Weld County, C0 3 ot 3 R 21.00 D 0.�0 Steve Mo�eno Clerk d� Recordes Exhibit B TITLE EXCEPTIONS 1. Taxes for ihe yeaz 20l 1 and subsequent years, a lien not yet due and payable. All easements, encumbrances and other matters of record. 958153. i U' 1 39510 LONGMONT, CO - EQUIPMENT LAYOUT 2 � aau caa+�oo �+rwr �» —. --- -- tem�a�neo�eaod na� �e� areus i saov�:Hcws� ao VMJLTOOORB tt LOWTEIi000R8 7OR ICE MHkJJ1AN019ER 1 OR IIONF�T' CJ18E 1 OR MI�RRY f:�9E 7 s�urwEe au��s e (iOfD01AUNIT5 27 ElDCMB 7 MG7MMLLS Q TOTAL 3� TOTK SO FT . 7.Y67 SAIESfIOORAREA =1.lEY fi"..."C?w«w..�T � � ' ELEYHI �� 7•ELEVEN, INC. March 31, 2020 Chloe Rempel, Deputy Clerk to the Board Weld County 1150 O Street Greeley, CO 80631 RE: Transfer of Ownership/FMB Off Premises Licenses 7-Eleven, Inc. dba 7-Eleven Store 3951DH 3914 Colorado Highway 119, Longmont, CO Dear Ms, Rempel: With respect to the control of alcohol beverage product at the above-referenced establishment, back stock for alcohol will be stored in the cooler which is inaccessible to guests, Alcohol doors have lodcs on the doors that remain locked during restricted hours. Only the manager or lead on duty is able to lock and unlock the doors. The store also verifies video and electronic transactions of receipts to verify that no alcohol sales are happening outside of saleable hours. Our register system also prevents scans of alcohol after 12pm and does not allow any sales before 8am. The store also requires ID for all restricted item sales during saleable hours. Should you have any questions, please do not hesitate to call me at 562-458- 8012. Thank you, Sincerely, Maria Figueroa Senior Flagship Area Manager- West Horizon Zone — 7-Eleven, Inc, (562) 458-8012 Maria.FigueroaCa�7-1 l.com One Arts Plaza / 1722 Routh Strret, Suite 1000 J Dallas, TX 75201 • Mailing Address: Dox 711 / Dallas, TX 75221-0711 � Y�:• Y �� 7-Eleven, Inc., dba 7-Eleven Store 39510H � r�., -� :�'� ��` � . � .� '.z �`:. � NCU-9 Y �;n �, . � FHDP-221 a ' � Z,,�� � W .r,(�Q Yaar a '� � �, rQ- � . � ' ��'�\ z � �� . � � 9�� _ �Q . ,T� � f� ; ; ��^ > �� � � � � ��� N NCU-37:�,6 ' W ' ' �3 N�U-3t9 ? � ,I ,� , ` '� �2 �� �rR-3E�4SPR-7NCl� 246 �r :• ; � ` ct-. , , � . SPR$9 SPF:-1 e9, 733 W,o�,�-� ' . Q�� c � HIGHVVAY�119� EB � HIGHWAY 119 WB _ _ - - �^ �+ � , , <� � �`VILU VHJ1,1\VVVl.1la.niN IHL.IL11 i � JfI�-IUO Q�{'N i/��-Sy � �, _�,�� 5PR 373 C.ORFttt: I ED A N � � C: iDP17-0043 FHDP-533 �SPR-291!iPR-401c,PR1�-Q00! SPR-??° Pr 5�R_58' 2�� �a ' t�� �.� FHDP-746 STAGEGOA H RD.N � �PR-98.17St'�t-19i',+_ � ',n ``�1 � k�,-P01UANi � �� �.�„ _,,. _ �: �r, � SI'R-4�}GSPIz :i� � �p LL, � ��� , <n �, CPR15.f1(111-�F,�_a., jp' 348 /ASH AVE, �SPR-59Q �Z 2+' � FHDP-533 \. r.� ti�R-:'�5 �PR-9 m � � �. S P R-417 u� � cn $ ,�Q USR-16G6 �' ..�rR_3��"yBIRCH AVE, � � � =nc oqnniirnnN cnrii ITSTAGECOACH RD S Q • �PR-6'.Z � v � _..� . ...... _ . .---. .. . �. . .'� � � ,, ' c~n CEDARAVE w � �� , ,ti1 �' AE •�� .._„ �,.' ,aa '.- ' � , ; '.°7�";� �.Pll 3C�SPR-,?3' �� 2 :'' �, -.'� J '"'� �•'DOGWOOD'AVF pa � , .� ; DURANGpO�PL ��..liq ..,1�..y,� �.�n� �0:�.8� l� �� �' �. •' � � _�I....': �� � 1��'�T^M�'I'�TiW�. •Jr i � ( . '� � . • � • Y 1 y 1 • �♦ • 1 Z � � � 1, . � ` �,w-� "� �� ELM AVE �" _ '�PR-03� ,.;,, , �, e `r + . yV � 'i� " .'s��•` ••' �1��` � . 1 �ti 1 � FHDP-48U ❑ � � -;,� �► p : � �'FIRAVE.- i � j � ;;�1 • — . , f . c�,� � �' ''2 _ � � : �'- •. , ; ; , �i _� ` � �, I � � � � � , Q . � � � . . n�.��,.�3;;� SPR-175 ' ' � �, , ,,,,, � , . ��, � �OVEAVE PR-284 � . � �= ^� �l� ...r`L.rY+Cry_ � �- .. r1 . ,��- � .L.�'_ 1 : - � - '�: , .•_ .y , I : � ", ,-.�.O. `-��: � � H�ICKORYsAVE , i M 'a ��:;:�. .� , =,.. _��b.�s.... . S , f' Y ♦ ♦ � , .,� I 3 ., .t • , µ';r�;,.r'+.i�t}rJ�:U UU313 � i � w.M , I . .. � ,� rt + i I ` t �' ' :�, :, �.�:: ,� . , ..�s ,, ' IV.Y, AV,E��iCU-31'SPR-17f� ' j '�.. ...:� � Scale: 1:7961 �, UNION ST 6/3/2025 8:44:03 AM FIRESTONE E - fBSi Xl@ CITY CENTRE RD T� '�-� � . ��� ' � � � . l . - ,- S �.: ��' _ - .�'� �ata layers that appear on this map may or may � NOt25: 7-Evelen, Inc., dba 7-Eleven Store 39510H 3914 not be accurate, current, or otherwise reliabie. State Highway 119, Longmont, CO 80504 DISCLAIMER: This product has been developed solely for internal use only by Weld County. The GIS database, applications, and data in the product is subject to constant change and the accuracy and completeness cannot be and is not guaranteed. The designation of lots or parcels or land uses in the database does not imply that the lots or parcels were legally created or that the land uses comply with applicable State or Local law. UNDER NO CIRCUMSTANCE SHALL ANY PART THE PRODUCT BE USED FOR FINAL DESIGN PURPOSES. WELD COUNTY MAKES NO WARRANTIES OR GUARANTEES, EITHER EXPRESSED OR IMPLIED AS TO THE COMPLETENESS, ACCURACY, OR CORRECTNESS OF SUCH PRODUCT, NOR ACCEPTS ANY LIABILITY, ARISING FROM ANY INCORRECT, INCOMPLETE OR MISLEADING INFORMATION CONTAINED THEREIN. �� 7-Eleven, Inc., dba 7-Eleven Store 39510H 6/3/2025 8 45 33AM �T� � � ��� r �.t�` rr�� � i_ - � .r. _-�- T ' .', ' �� . ,.• � � �, ,� ry' 3601 �� � -�« � . f ` :-��� - a,': �j�j1 � . ^ s. OACH F2D N 3G56 a._�_.. .. ; #303 360�, 3656 � 1 „ , 9 a� 1" + � "� �' �,. � �.#. t L.r� � , �: � .. �.e-- �— ��' a I I � � Q ' ��� s � •I , r � r� ' � � �� . . . � � ' � t � c. � . .." � . �� �' ` . . * 4 � .. � 1 � � • '��� � 1� �u ' �.S��� �� ���,W ; ' � `.f ., . '�r� i � . � , , +•�!�- . : ---a� i � �� { , : .. ~ . z ��_ �j.. � ; . � �a, , `'� . � �. � a' � / I—.. , �'�•`i��. ��� � ��� '� . ��_����, I� � �/ �� P � LL I ' � + ,ti � � .. � � �:. �� ; ' ��'.� � M ♦ 5 'I • ' r "r' �� � � �� � ! � i � 1 1 ' � � �` � - - .. � 1� �* ' n. ` I t �� .- :_� ; 3815 � . � �y 3851::�, �� • � 3979 i' ?�' �1 . . � .! �: `: .-. �r �vl� .'�T, . . � �� � � ' �, '' �,�,� , - ,� � 38�11 � � r�:� � � �._ �g'��` �:3907 j� � � � � �"� �r_ � � � � /.1�F ` I i _��Il � �� 1 . ���M i �.�. - �,�, i? �� . �1; . .>,,r . �.. . .— '- . � � : F�'�Z �Oeir �. -r .,..,......., _.,...:.; - - _ _ _ _ - llIUfIVVNi 1�17 YY6 HIGHWAY 119 EB . . . - �.r�.�..s ,r -.. �'^'1� � . �� � 7 `�� ",1y� �JU1�� •� . L�� +,� , . - ` . �' �� :�81 H �...• ___. ' 3641� ' . �, '' -': ' � ' . .. . ' ; . � F � � -"'! � .--�; ' 3 8 2 0 � � ..d. � � c �'� � �' � � r/ _. � _ , • .> a3690 . '��' � � - �391 � • ^� . � e �; � ._ • _ �, ." „„ . .k�.1>_ . . _ (t � , .;,r �.I`��:� ��.t� � � � � 'i . �, � �/ �F --3656. 3G5G �' '�,.._+ � '. � ' ��""' .. �� TURNER�A,V #201 #101; . o�..�e'�a. •' � � � � 3656 ` z � � ..<� . - , , � "' -`'�i 3656 #211 #11 ��� , iG86 #H . = .�� .•1 �9�MOjr#1 �,,,_ . . ��� o 3656 #3,19 Q : 3686 � , „- ;,, �: �.� . . I�' �sH avE .�.;. �� m - =365G #619—' 3656�.0 3686 #B� 10910'#3�'�'�`.1Uy10 N1U ; . .w�i`�+`"_,� . 3656 #61'5 #415:�iw � . -. � �,y,'�`��r, �_ �'* •'i� ' ;• 10809 �`" w„L, ,� p . � , ... v�' • .3` •. ;�;10,�10 . ' Z ` ' , ; 365G #51�2 3656�,`,�Q �,,,�-"!: � . � , �', �1 �_y tU # 1 � ;`�#,11 �-�- _..' � � �� 3G5G #G05 #409 � .r • . � � ;` BIRCH AVE �, -� ,�„� �3656 #501 �' �r, �, , � �- � .,�... . . �,c� . � . �'�_�l . ' �' ^ , ,� ,"� 1Q91��#10' �10910 #?6r � r` •+'1 i RD S ,. _ . �"{'..�. _� -� ��f .i`, ���;: ;1�1,i18U5� I�� � ,. � ,.- ,�, - �, . �109.1Q #36 10910 #30 �10699' � � `� r1Q7�111 ` ' : � • .,,, � •.� ' • �._ �-- - —,� CEUARAVE_ '�t_ ` ' ; 0 � � � • C f � "?il #. � � � � � ���.", 10910 #41 �10910'#46'���10 ' � � , - '� D R : ,.,.._ :�- 10698� 'J 10710 ; "" » ` ' �=� . #51 ; � 10811 ' I . � _jr '� " �:� �t�1091�0� �`� k•.� ., . c .y • �, _.�:.1 � 1`;:�l�. � . SJ�r�.I�+6. fl c+"_. '1(iO'1(i'i�Fi1� �.�n�n •rr� 'l 'x , � ��� o ,1 � 10963Y�" � � �" � � _z � . . Y � O , � ", CL r �r � �10869` � �' �'-�;7 N • .•�110�63 `� w r -� !- '• � I.IV � ��Q �; ,. ���.;:..;'•� �cn � � `*.,, . �``_ � ,;; . �;,:: z . ° � `� •.. . • • • ' 10850 � ��~l� .�.` I I I� 4ffK'� 1 '� � � . � �'�„ .� r '�•; •• �c � �' � � 1 .y . •� I f, �.'� µ 9 - - �: � � r^ � � ; . ��-. _ ' r � wi c , . _ N • {.1"� �� !�� � �J t " - � � . 'A � � I K l- � �YL � , �'. 11099 ,� .. L� ' jJ� ., �� , � - +� I � � ��� t� M � «. � 1 I� 1 ���. . � 4 1 � � � _ F .. ,.. { - ,i � F' ` r_a� � � � t; :1R �r� , _' w .�[ , �' �� � T L E 1 �' ,- � � • t .' t� 11055� � � : �4133 k- �' � : t ' ��!� ,; - 11053 � ;� � � � , - f . ; ,. . �t��� t- .., , �'+s14� A�2•~�__ . J�: -••••• i • v�;;.j � , ; C R 24 �s,4, = C n ; - � - 'Q - .�fi . W . �� ' ��J�' I Z ' I � u-� t.. - ''4 � � 1 n� N� t � ���. � '��. � �� _ , , :i.. � ' � + Q � ' �� � ,r .1� i . .� � a � r - . •_ • � (n � � ���� � ,�t�+� ' !� i � � W � . � `�.. ; � �� y � � , ; C � i�.� � '� . � 1 4.� ..��u. ����� " � � Z F- �n ; F — Z � . 1` � A � _ , ��''~ 10963 -�: � � ' f.� z�. 1 Q91b_ , � ;�, { ' - . Scale: 1:3769 Data layers that appear on this map may or may not be accurate, current, or otherwise reliable. i ; � ~� �� ♦• , » I- 4 -. -4 - � � a`�. � . ; ,• � ,, . , �p . . .. A Notes: �-Eleven, Inc, dba / Lleven Store 39510H 3914 State Highway 119, Longmont, CO 80504 DISCLAIMER: This product has been developed solely for internal use only by Weld County. The GIS database, applications, and data in the product is subject to constant change and the accuracy and completeness cannot be and is not guaranteed. The desiqnation of lots or parcels or land uses in the database does not imply that the lots or parcels were legally created or that the land uses comply with applicable State or Local law. UNDER NO CIRCUMSTANCE SHALL ANY PART THE PRODUCT BE USED FOR FINAL DESIGN PURPOSES. WELD COUNTY MAKES NO WARRANTIES OR GUARANTEES, EITHER EXPRESSED OR IMPLIED AS TO THE COMPLETENE55, ACCURACY, OR CORRECTNESS OF SUCH PRODUCT, NOR ACCEPTS ANY LIABILITY, ARISING FROM ANY INCORRECT, INCOMPLETE OR MISLEADING INFORMATION CONTAINED THEREIN. '"� 7-Eleven, Inc., dba 7-Eleven Store 39510H �� HIGHWAY 119 EB . ��� � � . a � ♦ t F� � + . -" -.r '��°e�� _ �T . F � � �.�t�_ . �►, _ .,: , ; . t- . , � . 4 • ��t � � � n `� � 6/3/2025 8:46:32 AM � � � � .�' � �l t � , / �S / 1. � � ♦ � i . . � � ' � �� � � ,, , �` � qM� � "�� � ^� � � � � : y � ,l � � - R . - ��,. r . . . V ' � ����. i �_��1► i i � y� •� � � . ,' r, /,_ . � �� � � 'w,�" , ; .� � ., �� :y � • / � � . ; v d : �� . - , . .� - � , i;. _:� I� , , }�� • • a'i� � �� � � - ' ' �, -�1�i�lli►li�► �r�.,� , , � . � ^ � 'Sl,�, � � .Va�, .i � �j. � � . � , �� � 'Y�.•� i . � � . � f � .» y4 � ,, . �'� ` 'r. .. i � � � r . � � �� � ... � � � � . . � i � � �� � � m �� � 1 � ` y / ;. . :k. �, � ; ,, ' w • i l� ,� � �s•.! • •ti : ��.+le � Z :.� ' s� �,. � � ,�z. ,. ' ♦ ._.....y � � ' 'r+ +'� 1'�•--' � - I � ,. .,. * _ - r C �� � � 4 ' � 1 d • � ` , 1 _ 'rp� � . - . . ` . ,; . 3914 —�' s '� ^ ; '-� ` � �� .�' ' , , _ • ; —.. _.�s . ��� - ._.-/f�j•. V. � . . . . �i« b. ' f � �' "��i,- . ,. p!r Lf ,� � '!`a Y3 `. t' i t • � � • �,'' �' � :� : �� ti. �'f� � � -�'° � �'1ip': t� �i � � � rA L � � ���Y �� � . �i� , , �' � � .� .. . - . ,' ' ( r • _ ,. _ , 4 r ,, ��_,. �:�. . �. _ . . _`� - � !' � y s . M� s - "�. .� .lIl�{ ' , ..i . —. � . . �' '�+��' � +�--- ,�1�r � IIRNER AVE R � . ',,r_ ,.� a�..., � _. . � . � � Data layers that appear on [his rnap may or may not be accurate, current, or otherwise reliable. r � � ,� _ t;�- . �� � � { I • � `• ' � � p � � � . � i .31 � 7 �': � } ' 10963! -� "' � � �arr ,� � � � �..+.� �� . .� • .. .. �/ � � < � � I � 1.. : ' � � �. ,�� ri f wi . �., y r ♦ . �� �,�► �. � ,� �- . � � `:f'� . � L;� ' '� i - s , �. �II! . . � - ♦ t �� � • • � � t ' � . �. � . , �! ' , 1 U869 ;'�'�, ._ � —� _�i�% �i•r.�� Note5: � Eleven, Inc., dba I Eleven Store 39510H 3914 State Highway 119, Longmont, CO 80504 DISCLAIMER: This product has been developed solely for internal use only by Weld County. The GIS database, applications, and data in the product is subject to constant change and the accuracy and completeness cannot be and is not guaranteed. The designation of lots or parcels or land uses in the database does not imply that the lots or parcels were legally created or that the land uses comply with applicable State or Local law. UNDER NO CIRCUMSTANCE SHALL ANY PART THE PRODUCT BE USED FOR FINAL DESIGN PURPOSE5. WELD COUNTY MAKES NO WARRANTIES OR GUARANTEES, EITHER EXPRESSED OR IMPLIED AS TO THE COMPLETENES5, ACCURACY, OR CORRECTNESS OF SUCH PRODUCT, NOR ACCEPTS ANY LIABILITY, ARISING FROM ANY INCORRECT, INCOMPLETE OR MISLEADING INFORMATION CONTAINED THEREIN. 6/3/25, 8 42 AM Property Report ����, „ Weld County Property Information (970) 400-3650 PROPERlY PORTAL Technical Support (970) 400-4357 Account:R55��5�6 June 3, 2025 Account Information Local School Account Tax Actual Govt Account Parcel Type Year Bwldmgs Value Assessed Assessed Value Value R5588586 131310100012 Commercial 2025 1 2,146,000 579,420 579,420 Legal 25107C PT NE4 10 2 68 BEG AT PT S89D31'W 450' & 30'S OF NE COR S89D31'W 65' S45D05'W 234 1' S49D35'E 303' N362 7' TO BEG EXC PARCELAWARDED TO HWY DEPT Subdrnsion Block Lot Land Economic Area FIRESTONE DEL CAMINO W OF I-25 Property Address Property City Section Township Range 3914 HIGHWAY 119 WELD 10 02 68 Owner(s) Account Owner Name Address R5588586 BURGERAVENUE INVESTMENTS 217 W OLIVE ST FORT COLLINS, CO LLP 805212714 Document History https //propertyreport weld govl�account=R5588586 1/6 6/3/25, S 42 AM Property Report _ � Rec�ption Rec Date Type Grantor Grantee Doc Fee Sale Date Sale Price 01966823 05-14-1984 WDN 0 00 01-01-1900 0 WELD CASE Z-106' 1706448 12-21-1976 COZ COUNTY ZONING C-3 0 00 NA 0 ZONING BURGER 20fi�157 08-29-1986 �1/D SCHRADER AVENUE 35 00 08-25-1986 350,000 OIL CO INVESTMENTS LTD BURGER BURGER 3798933 10-14-2011 SWDN AVENUE AVENUE 0 00 10-11-2011 0 INVESTMENTS INVESTMENTS LLP LLP 38�3848 06-20-2012 SPR SITE PLAN SPR-445 0 00 NA 0 REVIEW 4617668 0S-10-2020 SURV R68 T2 S10 R68 T2 S10 0 00 0S-03-2020 0 NE4 PT NE4 PT BURGER X0Q12915 05-14-1984 CON UNK AVENUE �7 00 05-141984 170,000 INVESTMENTS LTD *If the hyperlmk for the reception number does not work, try a manual search in the Clerk and Recorder records Use the Grantor or Grantee in your search Budding Information Building 1 AccountNo BuddinglD Occupancy R5588586 1 Mini-Mart Convenience Stores ID Type NBHD Occupancy Complete Bedrooms Baths 1 Commercial 3919 Mini-Mart Convenience 100 0 0 00 Stores ID Exterior Cover Interior HVAC Perimeter Units YPe Make 1 NA NA NA Package 2y6 0 NA NA Und Total Finished Square Condo Garage Carport Balcony Porch ID Ft SF Basement Basement SF SF SF SF SF SF 1 4,292 0 0 0 0 0 0 0 https //propertyreport weld gov/�account=R5588586 6/3/25, S 42 AM Property Report Budt As Detads for Bwldin 1 ID Budt As Square Ft Year Budt Stones Length Width 1 00 Mmi-Mart Convenience Stores 4,292 1986 1 0 0 Additional Detads for Buddm 1 ID Detail Type Descnption Unrts 1 AddOn AsphaltAverage 1710000 1 Add On Com Canopies Steel Average 3360 00 1 Add On Concrete Slab Average 4500 00 1 Add On Trash Enclosures Average 1 00 Valuation Information Type Code Descnption Actual Value Local GovtAssessed Value SchoolAssessed Value Acres Land SqF Improvement 22�2 MERCHANDISING- 1,678,631 _ 453,230 453,230 0 000 IMPROVEMENT Land 2130 SPECIAL 467 369 126 190 126 190 1 037 45,15 PURPOSE-LAND Totals - - 2,146,000 579,420 579,420 1037 45,15 Comparable sales for your Residential or Commercial property may be found us�ng our SALES SEARCH TOOL Values are updated annually on May 1 st for Real Property and June 15th for Personal Property and Oil and Gas , Tax Authorities https //propertyreport weld �v/�account=R5588586 6/3/25, 8:42 AM Tax Area 2341 2341 2341 2341 2341 2341 2341 2341 Total District District Name ID 1050 0311 1202 0512 0301 0213 0620 0100 Property Report Local School Govt Estimated Mill LeV�y Taxes Levy HIGH PLAINS LIBRARY LEFT HAND WATER LONGMONT CONSERVATION MOUNTAIN VIEW FIRE PROTECTION DISTRICT NORTHERN COLORAOO WATER (NCW) SCHOOL DIST RE1J-LONGMONT ST VRAIN SANITATION WELD COUNTY 3.179 0.000 $1,841.98 0.000 0.000 $0.00 0.000 0.000 $0.00 16.247 0.000 $9,413.84 1.000 0.000 $579.42 0.000 57.168 $33,124.28 0.316 0.000 $183.10 15.956 0.000 $9,245.23 36.698 57.168 E54,387.84 The estimate of tax is based on the prior year mill levy and the 2025 projected assessment rates. Mill levies and tax estimates will be updated yearly on December 22nd for the current year. Additional information can be found at https://assessor.weld.gov ` — Photo Building 1 = -- _ _� � https://propertyreport.weld.gov/?account=R5588586 4/6 6l3/25, 8 42 AM Property Report Sketch Budding 1 Page 1 _ . a.�_a_. Map Maxai, Microsoft � Weld County Government Powered by Esri https //propertyreport weld gov/�account=R5588586 �= 1 �. -`� u ,n�� U. ' : ' � 'i �. . {�.�_ r..`.1 '� . . .1 � . � . . ` � I' _ 1 '�. .� � '� y � � II� �r F- ��- � � �r '+-� ` ^�1 ' - -. Lic��+���r�. � f .'i?4��..y ��� _ �t �{1,r1:r. 5 T.��'` t _ - . . -_ .. � r - � � rr •. t _ � ��,.+� ' �. r f�`� �� ' Clerk to the Board's Office � � ��1�1 ,� � � Phone: (970) 400-4225 1150 O Street P.O. Box 758 ; '� � �� �; T� Greeley, Colorado 80632 '�`_ www.weld.gov June 16, 2025 ATTN DAYNA EPLEY 7 ELEVEN INC DBA 7 ELEVEN STORE 39510H PO BOX 139044 DALLAS TX 75313 Re: Application for Renewal of Fermented Malt Beverage and Wine Off-Premises (County) License — 7-Eleven, Inc., dba 7-Eleven Store 39510H Dear Licensee: This is to advise you that the Weld County Board of Commissioners will hear your request for renewal of a liquor license and to register a manager at the property described as: 3914 State Highway 119, Longmont, Colorado 80504. The meeting is scheduled for Wednesday, June 25, 2025, at 9:00 a.m., in the Chambers of the Board of County Commissioners of Weld County, Colorado, Weld County Administration Building, 1150 O Street, Assembly Room, Greeley, Colorado 80631. While this is a public meeting and you are welcome to attend, your attendance is not mandatory at this time. The meeting will be live-streamed at www.weld.gov. If you have questions or need additional information, please do not hesitate to contact me at (970) 400-4227 or Iflesner _weld.gov. Respectfully, ��C,�"1 ���Q��L��(. Leah Flesner Deputy Clerk to the Board Enclosures: Receipt cc: Weld County Attorney's Office Page 1 of 1 Leah Flesner From: Leah Flesner Sent: Monday, June 16, 2025 10:17 AM To: electronicrenewals@7-11.com Cc: Chloe White Subject: Notice of Hearing - 7-Eleven, Inc., dba 7-Eleven Store 39510H Attachments: Notice of Hearing - 7-Eleven Inc., dba 7-Eleven Store 39510H.pdf Good morning, This is to advise you that the Weld County Board of Commissioners will hear your request for renewal of a liquor ticense and to regester a manager at the property described as: 3914 State Highway 119, Longmont, Colorado 80504. The meeting is scheduled for Wednesday, June 25, 2025, at 9:00 a.m. While this is a public meeting and you are welcome to attend, your attendance is not mandatory at this time. Please see the attached letter for further iriformation (hard-copies to follow). Sincere regards, _�R,�,- � � ' t .. .. Leah Flesner Deputy Clerk to the Board Desk: 970-400-4227 P.O. Box 758. 1150 O St., Greeley, CO 80632 �� � �O Join Our Tecm IMPORTANT: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or ohhervvise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. Weld County Clerk to the Board's Office Certificate of Mailing Form _ __ First Name Last Name Company Address 1 City State Postal Email Code DAYNA EPLEY 7 ELEVEN PO BOX DALLAS TX 75313 electronicrenewals@7- INC DBA 7 139044 11.com ELEVEN I STORE I i 39510H _ _ __ _ . I hereby certify that I have sent a letter in accordance with the notification requirements of Weld County in the United States Mail, postage prepaid First Class Mail by letter as addressed on the attached list this 16th day of June, 2025. ����� Leah Flesner Deputy Clerk to the Board Page 1 of 1 '� :�. �. � � _. zr•. ;� �'a _ ��k � a. � � �'�r�: •:.,y�. vm;�e, a ��:+,,, ,. r � � �� r t � _ r� � .,� , s�', FX �' � ,�,• � "�SW'rYt;�'r p ( �' ��y'�'''l- ,.r.+s.nx --• � �f r� . �� . �'-�+a' .��� ��- :i � ; �°" " ` t� 'ry , ", ^ a z� �ff� � : k ' '� � RY.'?. � ���y7;5 �n. � ��� yk �,-.V' r� 4bF*' b;. .�-(4.Yy ��tt,�'A*aaF`" t,: -�-� +i'r.-a'4� i' , .,, ., ,.`_.. ��, i''' �...s' � `�� ` _�' F �'i' Recei pt� � 7-Eleven, Inc. 3200 Hackberry Rd EL�Irving, TX 75063 . 513547 LOC�QLIC711 Pay Ezacdy One Hundred Seven Dollars And 50 Cents To t6e Order of: WELD COUNTY CLERK TO THE BOARD 1150 O ST GREELY, CO 80631 � ' Check No. 0021167765 Date: 05-30-2025 � c� � O � O � U o T m c � � � ° o U ..J � L a� a> �U N � c � O0 C r C%� o v m v O °1 � C� RECE I PT DATE ��_l _(� �� No. 92908 RECEIVED FROM�� ��� �C1 ADDRESS �CX� �C�GI�:�r�C� CL[�� Z�\ �L�-� TX i.-�? (�C1P �1(�i'�`�'�G� �Q,1Ci� �' �'� l[iL� -- $ 1 i�� • fJ � FOR � HOW PAID CASH CHECK �� U MONEY ORDER • , , r. �V � / = ' /�� - / � �� �`r Payment Receipt Confirmation � � Your payment was successfully processed Receipt Contact Information ` � . ) Contact Name Liquor Enforcement Division Contact Url https //sbe colorado gov/contact- Contact Emad dor_liqhcensing@state co us the-hquor-and-tobacco- Contact Phone 303-205-2300 , enforcement-division Contact Address 1707 Cole Blvd , Surte 300 Lakewood, CO 80401 Transaction Summary - Rece�pt Confirmat�on_ Description ' � � Amount �----��. ,----- — ---------- --------_--_—__ --��� �I----.�._---_--I ; DOR Liquor Enforcement Division Payment $367 50 ; --t-- --- , Service Fee —� — -- -- ---- ----v— — ---- -- � -- ----- -----$9 04 � TOTAL -- -- ---- —^------ — -- -- - $376 54 I This onhne serwce is provided by a 3rd party working in partnership wrth the state Df Colorado The pnce of items purchased through this service includes revenue used to develop, maintain, and enhance the state's official web portal, Colorado gov �` Customer Informabon , Customer Name 7-ELEVEN, INC Receipt Date 5/30/2025 Company Name 7-ELEVEN, INC DBA 7-ELEVEN Receipt Time 01 07 29 PM MDT 39510H , Local ReferencelD 079763cd-82ed-46a7�adb2- � 7b899adaaa00 � Payment Information Payment Type Gedit Card Cred�t Card Number ******6440 Credit�ard Type VISA OrderlD 249807724 � Name on Cred�t Card KARLA APARICIO Bdling Information B�Iling Address 3200 HACKBERRY RD Phone Number 9728280711 ( Bdhng City, State ' DALLAS, TX, TX This receipt has been emailed to the address below Bdlmg Zip/Postal Code 75063 Emad Address ELECTRONICRENEWALS@7-11 COM Country US r' - I �; ,�. �" --.� �.�. � ��,����. � x4� � � r �.-� , a�- ' 5'. �, w F��. � � �'� �}� A ^ ��� � +��+€��� �{`r1' r� ,�� '. , �''# ,+y u'� �• ; �'`� � � �� F` '� ��,.� " � � y � ;,,,;� �r�*.,ti � � �� •,4. _ t � �f�yr,: A� ...:F- K �+, �3 � .. ' � •.;l4��� W'�[ � 4� 4�• � } 4 ��'J� e � S. Tnyn"..id� 1 t� �` .�ml..alJ,I .:. +:`�4t� :�iC'x.Ce%?�fR' � s.f "�� :'i� � ,�� - � •,� • ,��� f ��" `�;S Staff Referral Re�ponse� Leah Flesner From: Leah Flesner Sent: Tuesday, June 10, 2025 11:12 AM To: Adria Sthiel; Benjamin Endreson; Bruce Barker; Byron Howell; Chloe White; Christopher McDonald; Curtis Hall; David Eisenbraun; Diana Aungst; Duane Naibauer; Karin McDougal; Leah Flesner; Matthew Conroy; Maxwell Nader; Nick Trautner; 'rgodin@weld.gov'; Sam Kaneta III; Wendi Inloes; Will Grumet Cc: Chloe White Subject: Referral Response Requested - Renewal Liquor License - 7-Eleven, Inc., dba 7-Eleven Store 39510H Attachments: Renewal Liquor License - 7-Eleven, Inc..pdf; Staff Referral Memo - 7-Eleven, Inc.pdf Good morning, In accordance with the procedures for processing Renewal Liquor License Applications, please complete and return the attached "Staff Referral Memo — 7-Eleven, Inc.". Your report will be used by the Board of County Commissioners in considering the Applicant's Liquor License. Please Respond No Later Than: Please note: 1. Applicant: 7-Eleven, Inc., dba 7-Eleven Store 39510H Rachael Shelinbarger, Operating Manager Dayna Epley, Licensing Manager Address: 3914 State Highway 119, Longmont, CO 80504 File Location: LC0052 1. Fermenteri Malt Beverage and Wine Off-Premises (County) Licenses allow fermented malt beverages and vinous liquors to be sold for off-premises consumption only. 2. At least 20% of sales must come from packaged food products. 3. The property is permitted under SPR-445 Thank you, COUNTY. CO Leah Flesner Deputy Clerk to the Board Desk: 970-400-4227 P.O. Box 758, 1150 O St., Greeley, CO 80632 � � � � O Join Our Team IMPORTANT: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, ' Clerk to the Board's Office -`� i � ��°� ..,;;�.�'.Y`__ g��..t� Phone: (970) 400-4225 1150 O Street P.O. Box 758 � �,� �� Greeley, Colorado 80632 (�4�. ��� www.weld.qov f�:%,-�.: -- Referral Form Date: 6/10/2025 To: Wekf County Board of Commissioners From: Sam Kaneta III, Captain The Weld County Clerk to the Board's Office has received an application for the below listed itsm in Unincorporated Weld County: Action: Renewal License Type: Fermented Malt Beverage and Wine Off-Premies (County) License Applicant(s): 7-Eleven, Inc., dba 7-Eleven Store 39510H Rachael Shelinbarger, Operating Manager Dayna Epley, Licensing Manager Address: 3914 State Highway 119, Longmont, CO 80504 File Location: LC0052 Reply By: Monday, June 23, 2025 Page 1 of 2 The application is submitted to you for review and recommendation. Any comments or recommendation you consider relevant to this request would be appreciated. Please reply by the above listed date so that we may give full cansideration to your recommendation. If you have any further questions regarding the application, please do not hesitate to contact me at (970) 400-4227 or Iflesner(a�weld.qov BWe have reviewed the request and find no conflicts with our interests. ❑We have reviewed the request and find that we are not in support of the requested application. ❑We harve reviewed the request and recommend approval given that the below or attached conditions are met. ❑See attached letter or comments below. Multiple reports exist. Nearly all are due to the transient nature of the business, located off finro major highways, not as a result of the business itself. Page 2 of 2 Clerk to the Board's Office i-��1 - " -� � ---;� �in :� �`' _' ,-1 1,/� -1 / � � �`,. , � ,�, _ _ Referral Form Date: 6/10/2025 To: Weld County Board of Commissioners From: Chris McDonald, WCDPHE Phone: (970) 400-4225 1150 O Street P.O. Box 758 Greeley, Colorado 80632 www.weld.qov The Weld County Clerk to the Board's Office has received an application for the below listed item in Unincorporated Weld County: Action: Renewal License Type: Fermented Malt Beverage and Wine Off-Premies (County) License Applicant(s) Address 7-Eleven, Inc., dba 7-Eleven Store 39510H Rachael Shelinbarger, Operating Manager Dayna Epley, Licensing Manager 3914 State Highway 119, Longmont, CO 80504 File Location: LC0052 Reply By: Monday, June 23, 2025 Page 1 of 2 The application is submitted to you for review and recommendation. Any comments or recommendation you consider relevant to this request would be appreciated. Please reply by the above listed date so that we may give full consideration to your recommendation. If you have any further questions regarding the application, please do not hesitate to contact me at (970) 400-4227 or Iflesner(a�weld.gov BWe have reviewed the request and find no conflicts with our interests. ❑We have reviewed the request and find that we are not in support of the requested application. ❑We have reviewed the request and recommend approval given that the below or attached conditions are met. ❑See attached letter or comments below. Page 2 of 2 Clerk to the Board's Office �''^ 1 I % r � -,�,r ..=-__86�.�s<... - � — Phone: (970) 400-4225 1150 O Street P.O. Box 758 - �i; Greeley, Colorado 80632 �a�'�i �� www.weld.qov s ,� �._-._ _ _ Referral Form Date: 6/13/2025 To: Weld County Board of Commissioners From: Maxwell Nader The Weld County Clerk to the Board's Office has received an application for the below listed item in Unincorporated Weld County: Action: Renewal License Type: Fermented Malt Beverage and Wine Off-Premies (County) License Applicant(s): 7-Eleven, Inc., dba 7-Eleven Store 39510H Rachael Shelinbarger, Operating Manager Dayna Epley, Licensing Manager Address: 3914 State Highway 119, Longmont, CO 80504 File Location: LC0052 Reply By: Monday, June 23, 2025 Page 1 of 2 The application is submitted to you for review and recommendation. Any comments or recommendation you consider relevant to this request would be appreciated. Please reply by the above listed date so that we may give full consideration to your recommendation. If you have any further questions regarding the application, please do not hesitate to contact me at (970) 400-4227 or Iflesner(a�weld.qov BWe have reviewed the request and find no conflicts with our interests. �We have reviewed the request and find that we are not in support of the requested application. ❑We have reviewed the request and recommend approval given that the below or attached conditions are met. ❑See attached letter or comments below. Current site is in compliance with land use permits and building permits. Page 2 of 2 ,;: Clerk to the Board's Office � ``,�\ tg�i �'.. - - Phone: (970) 400-4225 1150 O Street P.O. Box 758 ,�1 �f � Greeley, Colorado 80632 +"�� � " www.weld.gov � ! -:? . � - - -'': I Referral Form Date: 6/13/'2025 To: Weld County Board of Commissioners From: Public Works, Curtis Hall The Weki County Clerk to the Board's Office has received an application for the below listed item in Unincorporated Weld County: Action: Renewal License Type: Fermented Malt Beverage and Wine Off-Premies (County) License Applicant(s): 7-Eleven, Inc., dba 7-Eleven Store 39510H Rachael Shelinbarger, Operating Manager Dayna Epley, Licensing Manager Address: 3914 State Highway 119, Longmont, CO 80504 File Location: LC0052 Reply �jr: Monday, June 23, 2025 Page 1 of 2 The appication is submitted to you for review and recommendation. Any comments or recommendation you consider relevant to this request would be appreciated. Please reply by the above listed date so that we may give full consideration to your recommendation. If you have any further questions regarding the application, please do not hesitate to contact me at (970) 400-4227 or Iflesner c(�.weld.qov BWe have reviewed the request and find no conflicts with our interests. ❑We have reviewed the request and find that we are not in support of the requested application. ❑We have reviewed the request and recommend approval given that the below or attached conditions are met. ❑See attached letter or comments below. Page 2 of 2 � � i ;�' �` : ^� �d ' �r� �-�;a;u�'.g';f"t.,. �� r ".�'�„`w' �'�Tf � #= � � � �� �`� :� Y w��j �� .�i.�• '= r �w � � .'€ s �, �;� ��.;�.�r f �. ' ` . ] f .YTYJAS �� A^ �fFi � " � � . cw � � � ��'.'� s� � v' � y�y ,r. �e�. ��` �.! � �p. �F ,�y,_�'.�,-i'�I�'�� y��,�� � � �t,� ���r���+�N}�u �p1.. �R'� `1� 'zu+�6'Ct'i'ii +w�'~S,+.r:.� y+�� ���� � S . ./• � •. �• eh � s'•`t � V '�''S k + s � ..'� ��5'P •'. fVliscellaneous Correspondence �=F:�=�i�"F:.'. } ,,. �; ' y,:: _'= ti' • ` .i � : 4 .�i:.�- _' _��� �!5 r ' L 18� y� �� - � ��_ � ��- �. ;'�' � ` � Clerk to the Board's Office , �i;.`° �i g 6 i � ,,'� �- r.�� Phone: (970) 400-4225 1150 O Street P.O. Box 758 '� O � ti T v Greeley, Colorado 80632 www.weld.qov June 26, 2025 COLORADO DEPARTMENT OF REVENUE LIQUOR ENFORCEMENT DIVISION PO BOX 17087 DENVER CO 80217-0087 Re: Permit Application and Report of Changes Form, and Renewal Application for a Fermented Malt Beverage and Wine Off-Premises (County) License — 7-Eleven, Inc., dba 7-Eleven Store 39510H To Whom It May Concern: Please see the attached renewal application and a copy of all supporting documentation. The associated fees were paid online and a copy of the receipt is in the packet. The Weld County Board of Commissioners approved the application on Wednesday, June 25, 2025. If you ha�re questions or need additional information, please do not hesitate to contact me at (970} 400-4227 or Ifiesner _weld.qov. R pectfukly, �� �.�2�'"` Leah Flesner Deputy Gerk to the Board Page 1 of 1 Transaction Record TRACKING NO.: SHIP DATE: ESTIMATED SHIPPING CHARGES: 882327527018 Jun 26, 2025 7.61 USD From address To address Leah Flesner LI�UOR ENFORCEMENT DIVISION WELD COUNTY COLO�RADO DEPARTMENT OF REVENUE 1150 O STREET RM 165 PO BOX 17087 80631 CO GREELEY 802170087 CO DENVER US US Phone:9704004225 Phone:3032052300 Iflesner@weld.gov Package irtormation Pieces Weight Dimensions (LxWxH) Carriage value Package options 1 x 0.401b n/a Packaging typ�: Servica: Your Packaging FedEx 2Day Billing information Biil transportation cost to: "'**`483 Bill duties, taxes and fees to: Your reference: WELD CLERK TO THE BOARD Pickup / drop-off type: I'll drop off my shipment at a FedEx location P.O. No.: LEAH FLESNER Invoice No.: CTB Department No.: 10400 Pleeee note: This lrarTsaction record is neither a sta{ement nor an invoice, and does not confirtn shipment tendered to FedEx or paymenL FedEx will nol be responsible for any claim in axcess of $100 per package, whether the result of loss, damage, delay, non-dAivery, misdelivery, or misinformation, unless you declare a higher value, pay an additional charga, document your actual loss and file a timely claim. Limilations found in ihe current FedEx Service Guide apply. Your right to recover from FedEx for any loss, induding intrinsic value of the package, loss of sales, income interest, profit, attorney's fees, costs, and other forms of damage whether direct, incidental, consequential, or s'ecial is limited to the greater of S100 or the authorized declared value. Recovery cannot exceed actual documented loss. Maximum for items of extraordinary value is $1000, e.g., jewelry, precious metals, negotiable instruments and other iYems listed in our Service Guide. Written claims must be fled within strict time limits; Consult the applicable FedEx Service Guide for details. The estimaled shipping ch�ge may be different than the actual charges for your shipment. Differences may occur based on aaual weight, dimensions, and other factors. Consult the applicable FedEx Service Guide or the FedEx Rate Sheets far details on how shipping charges are calcul�ed. � � o� N� v °° N �.�: rn � � Z �' N � r � G� � � z W n o O * � *�� N 0� d zN � o � *o � �ro AfIE' G��^lin5 t!1:5 �. '2.,'`B!. CONSIGNEE CO�1' • PLEASE PLACE IN FRONT OF POUCH 1 �oid tne pr�:nted pa7e a��ng tne horizo�ta: �.ine 2 P ace 'abel in sn�pp ng po::.!� and affix it to your shrpment — � _ � �c� ��� � o�o ?� cnm�^� y� - ��or�irn O O r o� ��TZ L�l��-�i��' � T m N Z W O C.��{ { ��� � -t+'�� = z orn � � m� ���� '_ r}�.r_4 � m i� �� v� o D � � � Y Crn 7J ► �rr- '��- o (") � p �7l cn � 3 -.r .-F, r.,.,.: = o 0 o Z � ��`;r, ''�-'- -- = c, °y° v p � �.--'�'•_-�::��� - � o rn � N � j � `�.�4 - _ � = ,� D m o _ ' � T � N _ /V .�� � '� m � m � ��_ �.� - _— T Z - y_ m cL_'���; o � � � p ≤ �� � � T Cn � F• ,,,� o� � O m c-� D�n = T Z � nc�x � o m C r O�� � �t*i� - y' °o m m p D � Z O ��++� � o C m ��m rn � �gN ��� Z� N � � � � � rnm �zsso:soaoeoi�. � � 58GJ1I0CF5159F2 Use of this system constitutes your agreement to the service conditions in the current FedEx Service Guide, available on fedex.com. FedEx will not be responsible for any claim in excess of $100 per package, whetherthe result of loss, damage, delay. non-delivery, misdelivery, or misinformation, unless you declare a higher value, pay an additional charge, document your actual loss and itle a timely claim. Limitationsfound in the current FedEx Service Guide apply. Your right to recoverfrom FedExfor any loss, including intrinsic value of the package, loss of sales, income interest, profit, attorney's fees, costs, and other forms of damage whether direct, incidental, consequential, or special is limited to the greater of $100 or the authorized deciared value. RPcovery cannot exceed actual documented loss. Maximum for items of extraordinary value is $1,000, e.g. jewelry, precious metals, negotiable instruments and other items listed in our Service Guide. Written claims must be filed within strict time limits, see current FedEx Service Guide. :i� ��� � �_ � ��- � �-� �� �, � ;� ��� s� � ,� �,. �� �, � � � y �yy � � ��`�t ��� t� *t �. ,ty`_'i"�.�4���.� '� i %��'-�. s � ��'� �'i"Y"x'a"`t",r " k ,�.�rv�r '�f ..,4,,� 1 � � a �` � ' h:,.,.. �"�g �Y � .x^^'a�- � . �,'`g'.r _ t � x , � j F� 1 F �1 y' # �; `` � �' '�r. �' v �,# `� ;�, �,..," � .Mw����4++ � � - .�' ; � 4 ��'_'R,=,.�.•�.�. �x��...�' �. �'a ` .r'' g � � ...�.. ,` ��. ,'' Site Pian Revievv S P R-445 PL STAFF REPORT RETAINED IN TYLER REMAINDER RETAINED IN PAPER ��/ � LIQUOR FILE � � ORIGINAL CASE FILE MAINTAINED BY � PLANNING ���D�. S/T� PL�}N 12E1ilEW COLORADO f}�l2LGl2GS�YGT�'Gl�e TZeI/G2W Planner Kim Ogle Case Number Site Plan Review SPR-445 Parce� Number 1313-10-1-00-012 and 1313-10-1-00-036 Appbcant David Carpenter J 0 Carpenter Company 4060 NW U�bandale Drive Urbandale lowa 50322 l.egal Descnption Part NEQ Section 10 T2N R68W o{ the G�" P M, Weld County CO Zoning C-3 (Busmess Commerciaq Situs 3914 Hwy 119 Longmont Colorado 80504 Proposed Use S�te Plan Review tor stores and shops furnishmg services and merchandise at retad lo the general public restaurants, including dnve-in restaurants and gasohne service stations car washes and vehicle servtcelrepair eslabtishments S�te Plan Revfew SWn�irds �Jeets Fhe Intent ci the � Cemmen6 N'eld CCunty Ccsde S�ta Plan Cerbhcation YES RetenUon FacdiUes Department of Pu61ic Works re(erral daled July 7 2011 YES ON streel Parbnc� Deparimenl ol Pianrnng Services calcu4�bon 24 spaces YES 47 spaces de6nealed on lans LoaJing preas YES Access Departmenl ol Pub6c Works referral dated July 7, 2011 'fES Setback Reywrem�its 25 Feet YES Oltset Requuements 10 Feel YE5 Landscaping YES i rash Col�ecli�n and Starege YES Potable ;:ater leh Hand 1"latsr Distncl, Tap No 90 0� 1 05 YES Sew�e O�sposal St Vrain SamiaUon O�slnct lhe appl�cant lo prowde ewdence thal NO service is avadable and a tap has been acquired Enviranment Standards Departmenl of Pub6c Heallh and EnviranmeM referral daled July 1, YES 2011 Property �dainle�anee YES Narrative Sil� Plan Review No 7G was previously reviewed and approved by staff in 1986 for Burger King Re�aurant This apphcation is for a convenience store gas stahon with pumps and a restaurant inclading a dnve-in restaurant Galloway and Company Inc who represents the J D Carpenker Company has no affdiation to the previous owners at this lacation Given the current owner, and the proposed use as herein deflned, to include, stores and shops fumishing serwces and merchandise at ret�l to the general pubhc restaurants, �ncluding dnve-in reslaurants and gasoline service stations car wa�es and vehicle service/repair establishments in the C-3 (Business Commercial) Zone Distnct Site Plan Review No 445 will take precedence for all specific site related improvement and activities thereby making SPR-76 obsolete The property owner should request � vacate Site Plan Review # 7G in wnting Th� property is to be redeveloped into a modem convenience store with a quick service restaurant and reta�i (uel sales component The existing 3990 square foot single story budding wdl be remodeled into an approximately 2790 square foot convenience store and an approximate 1200 square foot quick service restaurant The convenience store and retad fuel sales component wdl operate 24 hours a day and the facrtity �aill offer convenience onented retail merchandise as �ell as pre-packaged and self service food and beverage items Pubhc restrooms will be incorporated mto this remodel Th�property is descnbed as two separate parcels of land ad�acent to each other The existing structure currently straddles the property line, and therefore does not meet setbacks As the building was permitted and constructed to the srte, in error staff is requestirx� that the property owner, Burger Avenue Inv�tments Lfd of 215 W Magnoha Street Suite 200 Fort Collins, Colorado 80521 consider combing the two properbes by Deed Th�s s�te plan rev�ew rs appr�ved w�th the attached conditrnns 1 The Sife Plan Review Map shall be prepared m accordance with Section 23-2-160 V of the Weld County Code More than one sheet may be required to adequately address the components associated with this development site (Department ofPlanning Services) 2 Pnoi to recording the Site Plan Review plat, lhe apphcant shall address the following to the Department of Planning Services' saUsfaction - Ja The apphcant shall address the requirements of the Weld County Budding Department, as stated in lhe referral response dated July 1 2011 mcluding but not limited to any work requinng a Building Permit per Sechon 29-3-t0 of the Weld County Code (Depariment of Planning Services) B The apphcant shall attempt to address the genaral requirements from the Town of Firestone as stated in their referral dated June 21, 2011 Wntten evidence of such to be submitted to the Department of Planning Services (Town of Firestone) C The applicant shall attempt to address the requirements of the Mountain View Fire Protection Distnct as stated m their referral da�d June 6, 2011 Wntten evidence of such to be submitted to the,Deparhnent of Planning Services (Mountam View Fire Rrotechon Distnct) D 7he applicant shall address the reyuirements of the Ru�al Ditch Company as stated m the referrai response dated J�me 21 2011 including but not hmited to demonstration that the site grading does not allow for any runoff from this property into the Rural Ditch The Rural Ditch is an achve agnculturai ditch and aa�y runoff from this property wdl have a high potential to be contaminated with residua[waste od and gasoline We request that the applicant to provide a dramage map lhat has enough detad to demonstrate that sheet flow from their proposed development will not flow uito our ditch Also we request fhat the applicant install and maintain at leasl two monifor wells along their westem border with the Ruraf Ditch and provide access to the results of this site monilonng Wntten evidence of such to be submrtted to the Depar�ment of Piannmg Services (Rural Ditch) E The apphcant shall submit evidence of an Air Pollution Emission Notice (A P E N) and Emissions Permit application from the Air Pollution Control Division (APCD), Colorado Department of Health and Environment Altemately, the applicant can provide evidence from the APCD that they are not sub�ect to th�se reqwrements (Written evidence of such to be submitted to the Department of Plannmg Services Weld County Department of Public Health and Environment) F The applicant shall comply with Colorado Retail Food Estabhshment Rules and Regulations governing the regulation of food s�rvice estabhshments Evidence lhat the applicant has applied for a Retad Food Establishment License for the on-site commercial kitchen shall be provided to the Weld County Department of Public Health and Environment and to the Weld Cowity Planning Department Wntten evidence of such to be submitled to the Department of Planning Services (Weld County Department of f�ubhc Heaith and Environment) G The apphcant shall submit evidence of an UncFErground Storage Tank permit from the Colorado Department of Labor and Employment (CDL&E), Od Inspechon Section for any underground storage tanks located on the site Alternately, the apphcant can provide evidence from the (CDL&E), Oil Inspection Section that they are not sub�ect to these requirements Wrrtten evidence of such to be submitted to the Department of Plannmg Services (Weld County Department of Public Health and Environment) H 4The apphcant shall submrt a waste handhng plan for approval, to the Environmental Health Services Division of lhe Weld County Qepartment of Public Health & Environment The plan shall include at a minimum the follo�,ring 1) A hsl of wastes which are expected ro be generated on site (this should include expected volumes and types of waste generated) 2) A list of the type and volume of chemicals expected to be stored on site 3) The waste handler and facihty where th� waste wdl be disposed (including the facddy itame address and phone number) Wntten evidence of such to be submilted to the Department of Planninq Seivices (Weld County Department o( Public Health and Environment) I A waste handGng plan is required and should include clean up and disposal of fuel spills and disposal of trash and garbage, and grease The waste handling plan should also include the names and addresses of the waste handlers and disposal sites Wntten evidence of such to be submitted to the Department of Planning Services ((Department of Public Health and Environment) J A Retail Food Estabhshment License is required A plan review by Weld County Environmental Health Serwces wdl be required prior to issuance of the food hcense Written ev�dence of such to be submitted to the Department of Planning Services (Department of Public Health and Environment) K A Preliminary Dramage Report for J D Carpenter Company Fueling Facihty and Convenience Store dated May 18 2011 was submrtted The report was prepared by Galloway & Company Inc This report is acceplable Please suhmit the Final Drainage Report and ensure that it is signed and stamped by a Professional Engineer registered in the Stale of Colorado (Department of Pubhc Works) L The applicanl shall submit an updated letter from the St Vrain Sandation Distnct indicating lhat they have the abdity to serve the site Wntten evidence of such to be submdted to the Departmenl of Planning Secvices (Department of Planning Serwces) M One month prior to construcUon actwrties 1 A State stonrwater discharge pemiit mayl be required for a development / redevelopment / conslrucUon srte ovhere a conliguous or non-contiguous land disturbance is greater than or equal to one acre in area Contact the Water Ouality Control Division of the Colorado Department of Public Health and Env�ronment at www cdphe slate �o us/wq/PermitsUnrt for apphcation more information � ? Submit full size plan drawings to ti3e Mountain,View Fire Protechon Distnct for review These plans should shoav building location and size curb cut locations and width, width of dnves through the site, location of fuelmg islands and location of underground tanks Show on this same plan the location of any fire , hydrants (International Fire Code Section 501 3) (Mountain View Fire Protection Distnct) f Submrt budding construction plans io the Mountain View Fire Protechon Distnct for review and approval Include drawings showmg kitchen equipment and location (International Fire Code Section 501 3) (Mountain View Fire Protechon Disfncq I Submit shop drawmgs for the und2rground tank and associated pipmg to the dispensing units as well as, the process to be followed for the installation to the Mountain View Fire Protection Destnct for rewew (International Fire Code Section 105 4) (Mounlain View FireQrotection Distnct) The plal shall be amended ro delineafe lhe fnllowmg 1 All sheels of the plal shall be labeled Site Plan Review SPR-445 (Departmenl of Planning Services) 2 The Site Plan Review Map shall be prepared in accordance with Section 23-2- 16� V of the Weld County Code (Department of Planning Services) 3 Delineate the three existing accesses to this parcel One access is located within 100 feet of the intersection This access shall be restncted to be an entrance only access The other two accesses shall remam as full movement accesses All access points shall be clearly labeled on the plat (Department ot Pubhc Works) 4 Turner Boulevard is designated on the Weld County Road Classrfication Plan as a collector road, which reqwres 80 feet of nghl-of-way at full budd out There is presently 60 feet of right-of-way An additional 10 feet shali be delmeated on the plat as future Tumer Boulevard nghi-of-way No structures may be budt within the nght-of-way or future nght-of-way All setbacks shall be measured (rom the edge of future nght-of-way The apphcant shall venfy the exishng nght-of-way and the documenls creating the nght-of-way and this information shali be noted on the plat If the right-of-way cannot be venf�ed, il shall be dedicated This road is mainlained by Weld County (Deparh�enl of Pubhc Works) 6 Delineale all easements of record (Department of Planning Services) P The following notes shall be placed on lhe plat � �1 All proposed or existing structures wdl or do meet the muvmum setback and offset reyuirements for the zone distnct in which the property is located Pursuant to the definition of setbac� in the Weld Counry Code, the reqwred setback is measured from lhe future nght-of-way hne (Department of Plannmg Services} 2 In the event that a poition of the b�lding is proposed to be leased or sold to another party in the future, the apphcant shall submd a copy of lhe lease of sales agreement and inFormation regarding the proposed use of the leased porhon to the Weid County Buddmg Inspection Department Mountain View Fire Profechon Distnct, Weld County Department of Pubhc Health and Environment and the Department of Plannu�g Services for review Based upon lhe proposed use andlor impacls of the leased portion the Department of Planning Services may require a new Site Plan Review applicalion (Department of Planning Serv�ces) 3 In accordance with the Weld County Code no land, budding or structure shall be changed in use or type of occupancy, developed, erected, constructed, recons�ructed, moved or structurally altered or operated m Ihe Commercial and , Industnal Zone Distnct unUl a S�te Pian Review has been approved by the Department of Planning Services (DeparU�ient of Planning Services) 4 All hquid and solid wastes (as defined in the Solid Wastes Disposal Sites and Facdihes Act 30-20-1Q0 5 C R S, as amended) shall be stored and removed for hnal disposal in a manner that protects against surface and groundwater contamination (Department of Pubhc Health and Emironment) � 5 No permanen� disposal of wastes sha0 be permrtted at this site This is not meant to inckude those wastes specificaliy excluded (rom the definition o( a sol�d waste in the Sohd Wastes Disposal Sdes and Facihties Act 30-20-100 5 C R S as amended (Department of Pubhc Health and Environment) 6 Waste matenals shall be handled stored and disposed of in a manner that controls fugitive dust blowing debn� and other potential nuisance conditions (Departmenl of Public Health and Environment) 7 The applicant shall operate in accordance with the approved "waste handluig plan at all times (Department of Public Heallh and Environment) 8 Adequate dnnking hand washing and toilet facilities shall be provided for employees and patrons oi the facdity, at all times {Department of Pubhc Health and Environmenq 9 The applicant shall comply with ali provisions of the State Underground Storage 7ank Regulations (Department of Public Health and Environment) 10 This facdity shali adhere to the maxin�um permissible noise levels allowed ui lhe Commeraal Zone as delineated in Sechon 14-9-30 0( the Weld County Code (Department of Public Health and Environment} 11 Adequale drinkmg hand washmg �nd todet facdities shall be provided for employees and patrons of the facdity, at all times (Department of Public Health and Environmenq 12 The faciliry shall utdize the ewsting municipal sewage treatmenl system (St Vrain Sanitahon Distncq (Department of Pubhc Health and Environment) 13 The facility shall utilize lhe existing public water supply (Left Hand Water Distnct) (Department of Pubhc Health and Environment) 14 All potentially hazardous chemicals must be handled in a safe manner in accordance with product labehng and in a manner that minimizes the release of hazardous air poliutants (HAP's) and volatde organic compounds (VOCs) (Department of Pubhc Health and Endironment) 15 If apphcable, the apphcant shall obtain a stormwater discharge permit from the Colorado Department of Pubhc Health & Environment, Water Qualdy Control Division (Department of PuLlic Health and Environment) 1G The applicant shall comply with Colorado Retail Food [stabhsliment Rules and RegulaUons governing the regulaUon of food service estabhshments (Depar�ment of Pubhc Health and Enwironment) 17 The operation shall comply with all apphcable rules and regulations of 5tate and Federal agencies and the Weld Counry Code (Department of Pubhc Health and Environment) 18 If applicable, the applicant shall oblain a stormwater discharge permit (rom the Colorado Department of Pubhc Healih & Environment, Water Quahry Control Division (Department of Pubhc Heallh and Environment) 19 The operation shall coirply with all applicable rules and regulations of State and Federal agencies and the Weld Counry Code (Department of Pubhc Health and Environment) 20 A budding permit wiil be required for tl�e canopy over the fueling station (Department of Budding Inspe�tion) 21 A Change of Use permit will be requued for the interior reit�odel of the existing building (Department of Bwlding Inspection) 22 A Demo pennd wdl be required prwr f� demohtion of the interior (Department of BuOding InspecUon) 23 Accessibihty reyuirements wdl need to be met for the budding according to ANSI Standards, and 2006 IBC (Departm�nt of Budding Inspection) 24 Buiiding permits shall be obtained pnor to startmg construction A plan review is requved for each unit for which a budrling permit is reqwred Two complete sets of plans are reyuired when applying fDr each permit Inciude a Code Analysis Data sheet for the Weld Counly Budc�ng Department with each building permit Submittal plans shall include a(loor plan showing the specrfic uses for each area of the budding Plans shall bear the wet stamp of a Colorado registered Architect or Engineer (Department of Btnlding InspecUon) 26 Buddings shall conform to the reywrements of the vanous codes adopted at the time of the permit apphcation Currently the following has been adopted by Weld County 2006 Inlemational Budding Code, 2006 International Mechanical Code 2006 International Plumbing Code: 2006 Intemahonal Fuel Gas Code 2006 International Energy Code, 2008 NEC, 2003 International ANSI 1171 Accessibility Code and Chapter 29 of the Weld County Code (Department of Building Inspection) 27 All building plans shall be submitted to the Mountain View Fire Department for review and approval pnor to issue of Bwlding Permils (Department of B�nlding Inspection) 28 Landscaping matenals as indicated in khe approved Landscape I Screening Plan shall be maintained at all times (Department of Planning Services) 29 Liyhtiny shall comply with the requirements and standards foi off-street parking spaces per Section 23-4-3Q E Sechon 23-3-350 K and SecUon 23-3-360 F of lhe Weld County Code (Department of Planning Services) 30 All sVuctures including signs on site must obtain the appropnate bwlding permits (Department of Plaiuiing 5ervices) 31 Effective April 25 2011, Budding Permits issued on the proposed lots wdl be reqwred to adhere lo the fee structure of the Weld Counly Road Impact Program (Ordmance 2011-2) (Department of Pianning Services) 32 Effectroe Apnl 25 2011, Building Rermits issued on the proposed lats, wdl be reqwred to adhere to lhe fee structure of lhe County Faciliry Fee and Drainage Impact Fee (Ordinance 2011-2) (Department of Planning Services) 33 The histoncal flow patterns and run-off amounts will be maintained on site in such a manner that it will reasonably preserve the natural character of the area and prevent property damage of the rype generaliy attnbuted lo run-off rate and velocity increases diversions concentration andlor unplanned ponding of storm run-off (Department of Public Works) 34 Pursuaiit to Chapter 15, Articles I and II of the Weld County Code, if noxious weeds exist on the property or become eslablished as a result of the proposed development the apphcanUlandowner shall be responsible for controlling the noxious weeds All vegetahon other than grasses needs to be maintained al a maximum height oF 12 inches untd the area is completely developed (Department of Public Works) 35 Weld County shall not be responsible for the maintenance of on-site drainage related features (Department of Public Works) 36 The apphcant must �ake into consideration storm water capture/quantity and provide accordmgly for best mar�agement practices (Department of Pubhc Works) 2 Upon completion of 1 above the applicant shall submit a Mylar plat along with all other documentation required �s Condilions of Approval The Mylar plat shall be recorded in the office of the Weld County Clerk and Recorder by Department of Plannmg Services' Staff The piat shall be prepared in accordance with the requirements of SecUon 23-2-260 D of the Weld County Code The Mylar plat and addrtional requirements shall be submitted within thirty (30) days from the date of the date of approval The apphcant shall be responsible for paying the recording fee (Department of Planning Services) 3 The Department of Planning Services respectively r�quests the surveyor provide a digital copy ot this Site Plan Acceptable CAD formats are dwg dxf, and dgn (Microstation),'acceptable GIS formats are ArcView shapefiles, Arclnfo Coverages �nd Arclnfo Export files format type is e00 The preferred format for Images is tif (Group 4) (Group 6 is not acceptable) This digital fde may be sent to maps(c�co weld co us (Department of Planning Services) A No activity shall not occur nor shall any building or electncal permits he issued on the property until �he Site Plan plat is ready lo be recorded in the office of the Weld County Clerk and Recorder (Department of Planning Services) 5 In accordance with Weld County Code Ordmance 2QD5-7 approved June 1 2005 should Ihe plat not be recorded within lhe required sixty (60) days From the date the Administrahve Review was signed a 550 00 recording conbnuance charge may be added for each addihonal 3 month penod ! ,� �•'� Srte �1� Revrew condrtronally approved by Kim Ogle, Plann+ng Serwces Date Ju�j�2, 2011 John Scales Gailoway & Company Inc 5300 DTC Parkway, Swte 100 Greenwood Village, Colorado 80111 Hello