Loading...
HomeMy WebLinkAbout20250078.tiffUse by Special Review (USR) Application Planning Department Use: Date Received: Amount $ Case # Assigned: Application Received By: Planner Assigned: P roperty Information Is the property currently in violation? 21 No / ■ Yes Violation Case Number: Parcel Number: 1 0 5 3 _ 2 4 S ite Address: 40.303315, -104.50689 _ 0 _ 0 0 _ 0 0 8 Legal Description: 8908 ALL 24 4 64 Section: 24 , Township 4N N, Range 64W W Zoning District: KERSEY RURALAcreage: 61.4 Within subdivision or townsite? O No / ■ Yes Name: Water (well permit # or water district tap #): N/A Sewer (On -site wastewater treatment system permit # or sewer account #): N/A Floodplain • No / rA Yes Geological Hazard ► No / • Yes Airport Overlay CZ No / • Yes P roject U SR Use being applied for: 10MW Solar garden N ame of proposed business: Pivot Solar 45 LLC / Pivot Solar 55 LLC P roperty Owner(s) (Attach additional sheets if necessary.) N ame: Colorado State Land Board Company: Colorado State Land Board Phone #: (303) 866-3454 Email: N/A Street Address: 1127 Sherman St City/State/Zip Code: Denver, CO 80203 APPLICANT/AUTHORIZED AGENT (Authorization Form must be included if there is an Authorized Agent) N ame: Caitlin O'mara Company: Pivot Energy Phone #: 888) 734-3033 Email: cait.omara@pivotenergy.net Street Address: 1601 Wewatta St, Ste 700 City/State/Zip Code: Denver, CO 80202 I (We) hereby depose and state under penalties of perjury that all statements, proposals, and/or plans submitted with or contained within the application are true and correct to the best of my (our) knowledge. All fee owners of the property must sign this application. If an Authorized Agent signs, an Authorization Form signed by all fee owners must be included with the application. If the fee owner is a corporation, evidence must be included indicating the signatory has the legal authority to sign for the corporation. CaS OrfreaA. Signature Caitlin O'Mara 07/05/24 Date Signature Date Print Print 01/24 9 Acknowledgement of Authorization By signing and delivering this Acknowledgement of Authorization (this "Acknowledgement"), the Colorado State Board of Land Commissioners (the "Land Board"), the undersigned owner of real property in Weld County, Colorado, hereby acknowledge(s) that Pivot Energy, solely in connection with and subject to the Solar Planning Lease No.115444 attached hereto as Exhibit A (the "Lease"), is authorized by the Land Board to carry out the following activities with respect to the property described in the Lease: applying for and obtaining any and all permits and approvals issued by Weld County; requesting inspections to be performed by Weld County staff; • providing access to the property; • handling of official documents pertaining to the property, such as Certificates of Occupancy; solely to the extend such activities pertain to the activities expressly authorized in the Lease. Description of property subject to the Lease: Township 4 North Range 64 West, Section 24,LW2. 320 acres The Land Board's acknowledgement as provided herein is limited to those activities expressly authorized by the Lease and Pivot Energy's use of the property as authorized in the Lease. Land Board does not authorize Pivot Energy to take any action not expressly authorized in the Lease, and the Land Board does not authorize Pivot Energy to act for or on behalf of the Land Board or the State of Colorado. The Land Board may revoke this Acknowledgement at any time by terminating the underlying Lease or providing notice of revocation to the Weld County Planning & Building Departments. Owner signatures: X r David S. Rodenberg, Real Estate Po tfolio ,Age or the Colorado State Land Board Date: 2421/ 1* Subscribed and sworn to before me this (7 = day of TC/cbridtivul , 20 2'f by DeLuca S Rix-I-LOS/3j4-al Nit . My commission expires ?04ctsj0 k� bt (#m ,. LoAct 1d izeit Notary Public f‘Ar 9- 202-7 ) ' CAFUL tRE -RUTH ST ITT tUDTARY PUBLIC STATE OF COLORADO NO GARY ID 20154021187 MY COMMISSION EXPIRES OS/29/2027 Exhibit A Solar Planning Lease No. 115444 [attached] DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 STATE OF COLORADO STATE BOARD OF LAND COMMISSIONERS SOLAR ENERGY PLANNING LEASE NO. 115444 THIS LEASE is entered into on 01/01/2024 by and between the State of Colorado, acting through its State Land Board of Land Commissioners ("State Land Board"), whose address is 1127 Sherman Street, Suite 300, Denver, CO 80203, and PIVOT ENERGY DEVELOPMENT LLC ("Lessee", whether one or more), whose address is: 1750 15TH STREET SUITE 400 DENVER CO 80202. 1. DESCRIPTION OF THE PREMISES The State Land Board teases to the Lessee and Lessee teases from the State Land Board, exclusively for the purposes indicated below, the trust lands, in the County of , Colorado, more particularly described in Exhibit A attached hereto and made apart hereof (the "Premises") and subject to all existing easements and right-of-ways of third parties, and the rights of existing surface and mineral lessees and surface patentees, and further subject to the terms, conditions, and agreements set out in this Lease. 2. CONDITION OF LEASED PREMISES Lessee represents that Lessee has had an opportunity to inspect the Premises prior to entering into this tease, and Lessee accepts the Premises in their present condition and acknowledges that the Premises are in all respects suitable for the purposes permitted. The State Land Board disclaims any and all obligation to provide access to the Premises across adjacent land or to fence, make any repairs to or construct any improvements upon the Premises, and the State Land Board does not warrant that the Premises are suitable for the permitted purposes. Lessee acknowledges that it is solely responsible for performing its own due diligence and for becoming fully familiar with the condition of the land and any applicable restrictions, uses, or other conditions that might affect its development or use for a particular purpose. 3. USE OF THE LEASED PREMISES The use of the Premises shalt be limited to wind and solar energy development studies. Lessee shalt not produce for sale any power under this Lease. Lessee shall have the right of access only for the purpose of determining the feasibility of wind energy and solar energy conversion to electrical power, including studies of wind speed, wind direction, solar insolation, air temperature and other related and relevant meteorological data; extracting soil samples, for the purpose of determining the feasibility of installing wind turbines, solar panels and related power generation facilities, meteorological towers, and solar measurement equipment; and undertaking any other activities that Lessee reasonably determines are necessary, useful or appropriate to accomplish the foregoing, including the right of ingress to and egress from the Premises by means of existing roads and lanes. No activities are allowed or shall commence on the Premises without first obtaining written approval of the State Land Board for such activities. Lessee must provide information to the State Land Board sufficient for the State Land Board to determine and evaluate Lessee's proposed work activities, including but not limited to the location and number of meteorological towers and the full extent of all SO -115444 Page 1 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 activities that wilt occur on or impact the surface. The State Land Board may require changes to Lessee's proposed work activities. 4. LEASE TERM This tease is effective for the term of Three (3) years, being until the 12/31/2027, (the "Initial Term") subject to the covenants and agreements herein. The Lessee may terminate this Lease prior to the expiration of the Term. The Lessee shalt provide the State Land Board with a written notice of early termination at least thirty (30) days prior to the intended date of early termination ("Early Termination Date") . Upon the State Land Boards receipt of such notice, this Lease shall terminate and Lessee shall be released from all obligations under this Lease other than those obligations that expressly survive such termination, cancellation or relinquishment. There shall be no refunds of any previously paid rental regardless of early termination. Lessee shalt not be obligated to pay any future rental for subsequent years under this tease provided that the Early Termination Date occurs prior to the subsequent Anniversary Date (defined below). In no event shall this provision release the Lessee from paying any rental due to the State Land Board prior to the Early Termination Date. 5. EXTENSION TERM The State Land Board and the Lessee may agree to an extension of this tease for a period up to one (1) additional year (the "Extension Term") on terms and conditions set forth by the State Land Board and agreed to by both parties provided a notice of intent to enter into such extension shall be given in writing to the State Land Board no later than ninety (90) days prior to the expiration of the Initial Term. In the notice of intent, Lessee may request a reduction in the area of the Premises to be teased during the Extension Term. Lessee may not reduce the size of the teased Premises by less than contiguous tracts of approximately 160 acres or Governmental lot corresponding to a quarter section. The State Land Board shalt determine the new rental rate during the Extension Term to reflect a reduction in the size of the leased Premises; however, the rental amount shall not be less than $2,000 per year. The initial term and any extension term are collectively referred to herein as the "term." 6. RENTAL The rental amount for each year shall be as follows: Year 1: $4,800.00 Year 2: $5,120.00 Year 3: $5,440.00 Rental shall be paid to the Lessor in advance of the date this lease commences and upon each Anniversary Date thereafter. The "Anniversary Date" shall mean the date one-year after this lease is entered into, and each subsequent one-year date thereafter during the Term. Lessee shall pay the rental at the office of the State Land Board of Land Commissioners, Denver, Colorado. SO -115444 Page 2 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601 ABC -B062 -4D1 D-B19A-4EDAF8BC1665 7. EXCLUSIVE RIGHT TO NEGOTIATE SOLAR ENERGY AND PRODUCTION LEASE A. Exercise of Exclusive Right to Negotiate Solar Energy Production Lease Lessee may at any time within the term of the lease exercise an Exclusive Right to Negotiate Solar Energy Production Lease by giving the State Land Board at least ninety (90) days written notice of intent to enter into such lease on the Premises, or a portion of the Premises. The State Land Board and Lessee will make a good faith effort to negotiate the Solar Energy Production Lease. B. Exclusive Right to Negotiate Lease This lease does not guarantee Lessee a Solar Energy Production Lease, only the exclusive right to negotiate with and request approval from the State Land Board for a Solar Energy Production Lease during the Term of this lease, subject to the terms and conditions contained herein and subject to the approval of the State Land Board. C. Conditions Lessee must provide and have in place the following information, documentation, permits, plans, approvals, etc., and provide the same to the State Land Board as a condition of and before the State Land Board will consider allowing the exercise of the Exclusive Right to Negotiate and the granting of a Solar Energy Production Lease. i. Project Plans that include: a) the timing of solar energy development from feasibility studies and planning to construction and operations, b) capital cost projections, c) the proposed use for each tract of state land, d) maps and plats that indicate the project area, the state sections, and the location of solar panels, access roads, overhead and underground electrical transmission lines, electrical transformers, energy storage facilities, telecommunications equipment, power generation facilities, meteorological towers and solar measurement equipment, control buildings, maintenance yards, and other related facilities and equipment, and, e) any other land use plans required to develop the project, including the transmission component from the solar farm to the interconnect. ii. Financial information and documentation that demonstrates a) the financial wherewithal and creditworthy record of the project developer, b) experience in developing large wind and/or solar energy projects, c) compliance with the requirements and laws necessary to do business in the State of Colorado, and, d) financial arrangements and partnerships in place to accomplish the required capital investment. iii. Estimates of revenue the state may realize as a result of this land use. iv. Details regarding the marketing and sale of the electricity, including information on existing or potential power purchase agreements. v. Information and documentation indicating compliance with all federal, state, county, and local government land use laws, rules, regulations, permits, codes, and ordinances, including the s0-115444 Page 3 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 status of the appropriate county land use permit, a copy of which must be provided to the State Land Board. vi. Environmental analyses and studies that are required by any federal, state, or county agency or regulation, including but not limited to the study of the impacts to avian and raptor activity and evidence of efforts to work cooperatively with and mitigate or resolve issues and concerns raised by the Colorado Division of Wildlife. vii. Information regarding other work performed or to be performed to ensure that the project is constructed and operated in such a manner as to avoid or minimize potential impacts to sensitive plant and animal wildlife resources. D. One -Year Notice to Other Lease Holders Lessee acknowledges by signing of this tease that they realize the Premises may have active agricultural leases and/or other use leases at present and the State Land Board is required to give a one-year notice of cancellation of any part or all of the agricultural tease prior to the construction of permanent solar generation facilities if the Lessee determines through their planning process to request a Solar Energy Production Lease and proceed with construction of permanent facilities. 8. BOND If the Lessee intends to disturb the surface or subsurface of the property for any reason during the term of this Planning Lease, the Lessee shall execute a bond (or other sureties as may be approved by the State Land Board) at the time this lease is executed by the parties in an amount to be determined based on the intended disturbance. The bond shall guarantee restoration or/and revegetation of the Premises to a native grassland condition or to such other conditions as may be approved by the State Land Board. The bond shall consist of cash, bank certificate of deposit, or other sureties as may be approved by the State Land Board. However, if the bond is other than cash, the bond must be in a form that wilt guarantee payment in cash to the State Land Board upon receipt by any bank or insurance company of written demand by the State Land Board, without further condition. Lessee shall commence restoration work not less than six months prior to the expiration of this lease. The State Land Board shalt return the bond to the Lessee if and when it deems that the Premises have been restored or revegetated to the required conditions. 9. GOVERNMENTAL IMMUNITY Liability for claims or injuries to persons or property arising from the negligence of the State of Colorado, its departments, institutions, agencies, boards, officials, and employees is controlled and limited by the provisions of the Governmental Immunity Act, C.R.S. § 24-10-101 et seq., and the risk management statues, C.R.S. § 24-30-1501 et seq., as amended. No term or condition of this Lease will be construed or interpreted as a waiver, express or implied, of any of the immunities, rights, benefits, protections, or other provisions, of the Governmental Immunity Act as applicable now or hereafter amended. 10. INDEMNIFICATION Lessee assumes all liability arising from the use, occupation or control of the Premises by Lessee under this Lease. This assumption includes, but is not limited to, liability for all personal injuries (including death) and environmental and property damage and destruction. Lessee agrees to defend, indemnify and SO -115444 Page 4 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 hold harmless the State Land Board from and against any and all liabilities, tosses, damages, liens, expenses, claims, demands, debts, obligations, fines, penalties, suits or actions, judgments, and costs of any kind whatsoever arising from the use, occupation or control of the Premises, caused by any act, omission or neglect of Lessee, or Lessee's employees, agents, guests, invitees, contractors or assigns. Lessee further agrees to indemnify the State Land Board for any costs, including costs of suit and fees for consultants, experts, and attorneys, incurred by the State Land Board in terminating or canceling, enforcing obligations or defending itself against any matter arising under this Lease caused or permitted by lessee or Lessee's employees, agents, guests, invitees, contractors or assigns. This provision shall survive termination, cancellation or relinquishment of this Lease and any cause of action by the State Land Board to enforce it shalt not be deemed to accrue until the State Land Board's actual discovery of said liability, claim, toss, damage, or exposure. This indemnity is in addition to any other indemnity provided for in this Lease. Lessee will not be responsible for any liability caused by persons granted other uses of the Premises by the State Land Board. 11. INSURANCE Lessee, at its sole cost and expense, shalt during the entire term of this Lease procure, pay for and keep in full force and effect an occurrence based general liability insurance policy from an insurance carrier licensed to do business in Colorado, in an amount not less than one million dollars ($1,000,000.00) per occurrence and two million dollars ($2,000,000.00) aggregate. Lessee, at its sole cost and expense, shalt during the entire term of this Lease procure, pay for and keep in full force and effect a property insurance policy from an insurance carrier licensed to do business in Colorado covering alt insurable improvements owned by the State Land Board located on the Premises in an amount not less than necessary to cover the replacement cost. All policies shall name the State Land Board as an additional insured, shall provide that the coverage is primary and noncontributory over any other insurance coverage available to the State Land Board, its agents and employees and shall include a clause waiving all rights of recovery, under subrogation or otherwise against the State Land Board, its agents and employees. Failure to buy and maintain the required insurance is a default of this Lease. Before starting work under this Lease, Lessee shall, at the State Land Board's request, furnish a certificate of liability insurance, referencing the lease number and reflecting the above requirements. The State Land Board may alter any requirements of this section to meet the requirements of the Colorado Governmental Immunity Act or any requirements determined by the Colorado Office of Risk Management. 12. CONSTRUCTION OF IMPROVEMENTS A. No improvement shall be placed on the Premises by the Lessee without prior written authorization of the State Land Board. Lessee may request in writing, permission to construct temporary improvements related to planning and research for potential solar energy development. The State Land Board will consider such requests and respond in writing of approval or denial of the request and any additional terms if any. Such written authorization shall not be unreasonably denied. Lessee shall provide any designs, construction plans or building specifications requested by the State Land Board when the State Land Board is considering authorization of improvements. Improvements placed upon the Premises by the Lessee with the State Land Board's written authorization shall be referred to herein as "Authorized Improvements". SO -115444 Page 5 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 B. Upon the termination of this tease, and provided Lessee is not then in breach of or in default under this tease, all Authorized Improvements and other property of Lessee shalt, at the Lessee's option, either be removed by Lessee without damage to the Premises or sold by Lessee to a subsequent lessee pursuant to paragraph 21 of this tease. C. All Authorized Improvements or property not so removed or sold within thirty (30) days after termination of this tease shall be deemed abandoned and may, at the State Land Board's option, be removed by the State Land Board at the Lessee's expense, retained by the State Land Board for use by subsequent lessees, or sold by the State Land Board with all proceeds going to the State Land Board. The State Land Board shall be entitled to recover from the Lessee the costs of removing any improvements and personal property pursuant to paragraph 21 of this tease. Lessee shall not be entitled to sell, remove, alter or receive compensation for any Authorized Improvements or property at any time the Lessee is in default or breach of any term, provision or covenant of this tease. D. Ownership of Authorized Improvements Upon Premises. The State Land Board and the Lessee acknowledge, covenant and agree that any Authorized Improvements, including all appurtenances and additions thereto, erected at any time upon the Premises by the Lessee shall immediately upon erection or installation be the property of and belong to the Lessee for the Term of this lease subject to the requirements and conditions of this lease. 13. OPERATIONS A. No more of the surface of the Premises shall be disturbed than is reasonably necessary for the purpose for which this tease is issued. B. This tease does not grant exclusive use of the land described, and the Premises shall be available for other surface uses, including livestock grazing. This lease is subject to all leases, rights -of -way, and other agreements now in effect on said land, and the Lessee is to cooperate with, and not to interfere with, nor prevent the operations of any lessee or permittee. C. Lessee shall be responsible for the control and eradication of noxious weeds on the Premises insofar as the presence of such noxious weeds is the result of Lessee's actions. Lessee shall cooperate with other existing or future lessees or permittees to control and eradicate noxious weeds on the Premises; including cost sharing in weed control and eradication for up to one year after this lease is terminated. Said cost sharing will be at the sole discretion of the State Land Board. D. Lessee is to provide drainage and erosion control structures, fences, gates, cattle guards, or any other facilities necessary to protect the Premises. E. Excavations, facilities, Authorized Improvements and Lessee's Property shall be maintained in a safe condition to prevent injury to persons, livestock, and wildlife. F. All operations of the Lessee shall be conducted in a workmanlike and reasonable manner, and all necessary precautions shall be taken to avoid damage to the Premises. Any damage done by Lessee to the Premises, native grass or timber, or state-owned improvements, shall be paid for by Lessee to the State Land Board including any cost for reclamation and revegetation. Damage to private property on the Premises, including fences, crops, irrigation structures, wells, livestock, and privately -owned improvements, caused by the actions of the Lessee shall be paid by Lessee to the surface lessee or owner thereof. SO -115444 Page 6 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 G. No refuse, waste, or litter of any kind shall be left on the land by Lessee. H. Lessee shall not permit the storage of or spill of any toxic or hazardous material on the Premises while in its possession. No underground storage facilities are authorized. I. No minerals of any kind, including but not limited to oil, gas, sand, gravel, or stone, found on the Premises, shalt be sold by the Lessee unless purchased from State Land Board. J. No off road traffic allowed. K. No wood collection or tree cutting allowed. L. Disturbing, dislodging, damaging, defacing, destroying or removing historical archaeological, paleontological, or cultural sites or artifacts is prohibited. M. Disturbing, dislodging, damaging, defacing, destroying any improvement, fixture, item, object or thing placed or located in, under or upon the land is prohibited. N. This permit does not grant a right to enter State Trust Lands to which there is no public access. 0. Any uses or activities not within the scope of this lease are not allowed unless prior written approval from the State Land Board is granted. P. There shall be no disposal of sewage, liquid or solid waste on the Premises by Lessee, unless approved by the State Land Board during the lease term. Any project plans that require disposal of sewage shall comply with applicable laws and regulations and be approved by the State Land Board prior to being filed with any local government. Q. Lessee may not store on the Premises any materials, product, or equipment not directly related to the Lessee's operations on the Premises. 14. NO PARTNERSHIP Nothing in this lease shalt cause the State Land Board in any way to be construed as a partner, a joint venturer or associated in any way with the Lessee in the operation of the Premises, or subject the State Land Board to any obligation, toss, charge or expense connected with or arising from the operation or use of the Premises or any part thereof. 15. MAINTENANCE AND REPAIR The State Land Board shall have no duty of maintenance or repair with respect to the Premises, any Authorized Improvements. Or any Lessee's property thereon. The Lessee shall keep and maintain the Premises, Lessee's property, and Authorized Improvements thereon in constant good order and repair in the same condition as when initially constructed, ordinary wear and tear excepted. All repairs made by the Lessee shall be at least equal in quality to the original Authorized Improvements. 16. DAMAGE OR DESTRUCTION In case of damage to or destruction of the Premises or any part thereof, by any cause whatever resulting from the Lessee's activities, the Lessee shall give or cause to be given to the State Land Board prompt notice of such occurrence and shall promptly proceed with due diligence to repair, restore, replace or SO -115444 Page 7 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 rebuild so as to make the Premises at least equal in quality to the original condition, or restore the same to such modified plans as shall be previously approved in writing by the State Land Board. If Lessee fails to repair, restore, replace or rebuild, Lessee shall be liable and agrees to pay the State Land Board or the State Land Board's surface lessee (depending on the ownership of the property damaged) for all damage to the surface, livestock, crops, pasture, hay, or other agricultural products, water welts, reservoirs, or other improvements, caused by Lessee's activities and operations on the Premises. Damages shall be determined by the average of three independent quotes obtained from three mutually acceptable consultants familiar with the compensation paid for such damages. These obligations shall not terminate upon the termination, surrender or expiration of the lease, but shall continue until the surface is returned to at least equal quality to the original condition. 17. TAXES, UTILITIES AND OTHER EXPENSES It is understood and agreed that all taxes, assessments, insurance, utilities and other operating costs including those which could otherwise result in a lien being placed against the Premises as welt as the cost of all repairs, remodeling, renovations, alterations, and improvements, and all other direct costs, charges and expenses of any kind whatsoever respecting the Premises shall be borne by the Lessee and not by the State Land Board so that the rental return to the State Land Board shall not be reduced, offset or diminished directly or indirectly by any cost or charge, nor subject to suspension or termination for any cause. 18. RESERVATIONS TO THE STATE LAND BOARD This lease is subject to any and all presently existing easements, rights -of -way and other interests, whether or not visible on the ground; and, in addition to its reversion upon termination of this lease, the State Land Board hereby reserves: A. Access i. The State Land Board or its authorized representatives may from time to time, at any reasonable hour, and with or without notice, enter upon and inspect the Lessee's books, accounts and records, the Premises, any portion thereof, and the Authorized Improvements or other improvements thereon to ascertain and secure compliance with this lease, but without obligation to do so or liability therefore. Lessee hereby grants to the State Land Board a non - revocable license for such access over and across Lessee's other lands during the term of this tease. ii. The right to access, inspect, and monitor the Premises at all reasonable times by the State Land Board, utilizing all reasonable means and methods, including but not limited to gate counters, game cameras and Unmanned Aerial Systems (UAS). The use of UAS wilt be in accordance with applicable Federal Aviation Administration (FAA) rules and regulations. Lessee will cooperate and not interfere with all reasonable means and methods of access, inspection, and monitoring including taking actions necessary to comply with FAA rules and regulations. B. Additional Uses i. The right to sell, exchange, or otherwise dispose of all or any portion of the Premises during the term of this lease. SO -115444 Page 8 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 ii. The right to lease all or any portion of the premises to other persons for the purposes of exploring for and removing timber, minerals, ores, metals, coal, asphaltum, oil, gas, sand, gravel, clay, quarry products, peat, geothermal resources, and all other naturally occurring resources, together with reasonable and adequate rights of entry and surface rights necessary or convenient to exercise such reserved rights. iii. The State Land Board reserves title to all water rights associated or appurtenant to the Premises. In addition, no water, ditch, reservoir, well, spring, seepage or other right, permit, or use of any kind ("Water Right") may be initiated, established, appropriated or adjudicated (for use on or off the Premises) by Lessee without the prior written approval of the Board. All applications and documents pertaining to any such Water Right must be made in the name of the Board, and the Board reserves the right to make or convert any related applications or documents in or to its own name. Any such Water Right, approved or unapproved is the sole and absolute Property of the Board without cost to the Board. iv. The right at any time to grant a right-of-way upon, over, under, through, or across all or any part of the Premises for any ditch, reservoir, railroad, communication system, electric power line, pipeline, schoolhouse, or other lawful purpose. Such grants shalt be compatible with the rights and privileges granted to Lessee herein, and shall be subordinate to the rights of Lessee. Any new grant of easement or right-of-way upon, over, or across the Premises shall include provisions requiring that any and all damages caused to any structures or Authorized Improvements placed upon the surface of the Premises subsequent to the date hereof shall be repaired by and at the expense of the party to whom the easement or right-of-way was granted. v. The right to put the Premises to additional uses by granting additional leases, permits, access, or rights to the Premises or any portion thereof, at any time and for any purpose, including but not limited to hunting, fishing and other recreational purposes. vi. All rights, privileges and uses of every kind or nature not specifically granted to Lessee by this lease. vii. The right to dispose of surface where the State Land Board is the surface owner subject to the terms and conditions of this lease. viii. The right at any time to place the Premises into the Stewardship Trust as set forth in Section 10 (1)(b)(I) of Article IX, of the State Constitution. Placement into the Stewardship Trust can be made under conditions such that this placement will not unreasonably interfere with the rights and privileges of Lessee. 19. ASSIGNMENTS, SUBLEASING AND ENCUMBRANCES A. This lease shall be binding on the parties hereto, their heirs, representatives, successors and permitted assigns. B. This lease shall not be assigned, transferred or sold, voluntarily or by operation of law, without the prior written consent of the State Land Board. It shall be understood that any name change, or changes in ownership of the Lessee shall be considered an assignment. Consent to an assignment SO -115444 Page 9 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 shall be at the State Land Board's sole discretion and upon such terms and conditions as determined by the State Land Board. C. Assignment or other transfer without written consent of the State Land Board shalt not result in a novation of this tease, and shall, nevertheless, make the assignee responsible and liable, along with the Lessee, for performing this lease. The acceptance by the State Land Board of any payment due hereunder from any person other than the Lessee shalt not be deemed a waiver by the State Land Board of any provision of this tease or to be consent to any assignment. D. Subleasing, encumbering, pledging or otherwise transferring this lease is expressly prohibited under the terms of this lease. E. The State Land Board's approval of an Assignment shalt not relieve Lessee from any liability that may have arisen under the tease prior to the Assignment. 20. DEFAULTS AND REMEDIES A. Defaults The occurrences of any one or more of the following events shall constitute a default hereunder by the Lessee: i. Failure by the Lessee to make any payment of rental or other payment of additional rental or charge required to be made by the Lessee hereunder, as and when due. ii. Use of the Premises by the Lessee, its successors and assigns or attempted use of the Premises for any other purpose than those permitted by this tease without the written consent of the State Land Board. iii. Failure by the Lessee to perform any of the covenants, conditions or requirements contained herein. Any of the above events of default may be cured by the Lessee within thirty (30) days after written notice thereof from the State Land Board to the Lessee in accordance with the "Miscellaneous, Notices" section of this lease. If the nature of the Lessee's default is such that more than thirty (30) days are reasonably required to cure such default, then the Lessee shall not be deemed to be in default if the Lessee shall commence such cure within said thirty (30) day period and thereafter diligently pursue such cure to completion. B. Remedies In any event of default and in addition to any or all other rights or remedies of the State Land Board hereunder or by the taw provided, the State Land Board may exercise the following remedies at its sole option: i) Termination. Terminate the Lessee's right to possession of the Premises by any lawful means, in which case this tease shall terminate and the Lessee shalt immediately surrender possession of the Premises to the State Land Board according to the terms of the "Surrender" section of this tease. In such event of termination, the State Land Board shall be entitled to recover from the Lessee: SO -115444 Page 10 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 1) The unpaid rental, taxes and damages which have accrued up until the time of termination together with interest; and 2) Any other amount necessary to compensate the State Land Board for the Lessee's failure to perform its obligations under this tease or which would be likely to result therefrom, including, but not limited to, the cost of recovering possession of the Premises, expenses of reletting, including necessary repair, renovation and alteration of the Premises, reasonable attorney's fees, and any other reasonable costs. 3) The interest shall be one and one-half percent (1-1/2%) per month. Said interest shall accrue from the dates such amounts accrued to the State Land Board until paid by the Lessee. ii) Rental During Unlawful Detainer. In any action for unlawful detainer commenced by the State Land Board against the Lessee by reason of any default hereunder, the reasonable rental value of the Premises for the period of the unlawful detainer shall be two (2) times the current rental and other charges or payments to be made by the Lessee under this lease for such period. iii) Cumulative Rights. The rights and remedies reserved to the State Land Board, including those not specifically described, shalt be cumulative, and the State Land Board may pursue any or all of such rights and remedies, at the same time or separately. 21. SURRENDER Upon expiration or termination of this tease, the Lessee shall peaceably and quietly leave, and surrender possession of the Premises to the State Land Board, and at its own expense shall promptly and diligently within thirty (30) days remove, demolish and/or clear off from the Premises all Authorized Improvements, other improvements, and personal property and restore the surface to its original condition. Any Authorized Improvements and personal property remaining after thirty (30) days shall, at the option of the State Land Board, become the property of the State Land Board. In addition, State Land Board shall be entitled to recover from the Lessee the costs of removing any Authorized Improvements, facilities and personal property and the costs of restoring the surface to its original condition. This right to recover costs shall remain in effect after the termination or expiration of this tease. Notwithstanding any provisions to the contrary, the Lessee shall have no right to remove, alter or demolish all or part of the Lessee's Authorized Improvements or personal property at any time the Lessee is in default or breach of any term, provision or covenant of this lease. 22. HAZARDOUS SUBSTANCES A. The Lessee shall not place, store, use or dispose on the Premises, temporarily or permanently, any substance that is hazardous, toxic, dangerous or harmful or which is defined as a hazardous substance by the Comprehensive Environmental Response Compensation and Liability Act, 42USC9b01. These substances shall be referred to collectively as "hazardous substances". B. The Lessee is also prohibited from storing any gasoline or other fuel on the Premises without the State Land Board's prior written permission. SO -115444 Page 11 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 C. The Lessee shall immediately notify the State Land Board of all spills, releases, inspections, correspondence, orders, citations, notices, fines, response and/or cleanup actions, and violation of laws, regulation or ordinance which affect the Premises. D. Lessee shall be solely liable for all liability, damages, costs or claims, including attorneys' fees arising from or in connection with activities caused or permitted by Lessee, or which Lessee knew or should have reasonably known about concerning hazardous substances and hereby indemnifies the State Land Board against the same. 23. CONDEMNATION A. If all of the Premises are taken by any public authority under the power of eminent domain, this lease shalt terminate as of the date possession was taken by said public authority pursuant to such condemnation. If part of the Premises is taken and, in the opinion of either the State Land Board or the Lessee, it is not economically feasible to continue this tease, either party may terminate this lease. B. Such termination by either party shall be made by notice to the other party given not later than thirty (30) days after possession is so taken. If part of the Premises is taken and neither the State Land Board nor the Lessee elects to terminate this lease the payment due under this lease shall be abated in the same proportion as the portion of the Premises so taken bears to the whole of the Premises. C. All damages awarded for the taking or damaging of all or any part of the Premises, or State Land Board -owned improvements thereon, shall belong to and become the property of the State Land Board, and the Lessee hereby disclaims and assigns to the State Land Board any and alt claims to such award. The State Land Board shall not claim any interest in any Authorized Improvements. D. If the temporary use (defined as less than one year) of the whole or any part of the Premises shall be taken at any time during the term of this lease, the Lessee shall give prompt notice thereof to the State Land Board; however, the term, rentals and other obligations of the Lessee under this lease shall not be reduced or affected in any way. The Lessee shall be entitled to compensation as determined by applicable law for any such temporary taking of the Premises. 24. LIENS AND CLAIMS A. Mechanics' Liens The Lessee shall not suffer or permit to be enforced against the Premises, or any part thereof, or any Authorized Improvements thereon, any mechanics', materialmen's, contractors', or subcontractors' liens arising from, or any claim for damage growing out of, the work of any construction, repair, restoration, replacement or improvement, or any other claim or demand howsoever the same may arise, but the Lessee shall pay or cause to be paid all of said liens, claims, or demands, before any action is brought to enforce the same against the Premises or Authorized Improvements. The Lessee agrees to defend, indemnify and hold the State Land Board and the Premises free and harmless from all liability for any and all such liens, claims, demands, and actions (collectively, the "liens") together with reasonable attorney's fees and all costs and expenses in connection herewith. SO -115444 Page 12 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 B. Rights to Contest Notwithstanding the foregoing, if the Lessee shalt in good faith contest the validity of any such Lien, then the Lessee shall at its sole expense defend itself and the State Land Board against the same and shall pay and satisfy any adverse expense or cost or adverse judgment that may be rendered thereon before the enforcement thereof against the State Land Board or the Premises, upon the condition that if the State Land Board shall require, the Lessee shall furnish a surety bond satisfactory in form and amount to the State Land Board. Said bond shall not be less than one hundred twenty percent (120%) of such contested lien indemnifying the State Land Board against liability for the same, and holding the Premises free from the effect of such lien. C. Posted Notice The Lessee shall, upon execution of this lease at its cost, prepare a Notice, pursuant to CRS §38-22-105, and cause the same to be posted for the purpose of protecting the State Land Board against any liens or encumbrances upon the Premises by reason of work, labor, services or materials contracted for or supplied to the Lessee. D. The State Land Board's Liens To secure the payment of any Rental that becomes due, and to satisfy all reasonable costs and fees incurred by the State Land Board in recovering said Rental, the State Land Board shall have a contractual lien on any and all Authorized Improvements (the "Rent Lien") and their proceeds in any disposition. Any security interest granted in any Authorized Improvement, including a collateral assignment, will be subordinate to the Rent Lien. Lessee has the affirmative obligation to give notice of these Liens to any lender, investor or prospective secured party. The State Land Board agrees to work with Lessee's lenders, investors, or prospective secured parties to make satisfactory arrangements for the suspension or discharge of such liens. 25. MISCELLANEOUS A. False Statements Any false certification or statement by the Lessee in the application, public disclosure statement or qualification of financial responsibility statement required to be submitted with the application for the lease, or in any other document or report required to be submitted under this lease, shall at the discretion of the State Land Board, result in termination of this lease and an action for damages. B. Lease Document Controls In the event of inconsistency or conflict between this lease and documents incorporated herein by reference, this lease shall control. C. Compliance With Laws The Lessee shall comply with all applicable federal, state and local ordinances, regulations and laws including but not limited to criminal, land use, fencing, noxious weed, environmental, wetlands protection, hazardous waste, health and safety laws, ordinances and regulations regarding the Premises and activities conducted thereon or by virtue thereof. Furthermore, the Lessee shall not use or permit the Premises to be used in violation of any such rule, regulation or law; or for any purpose tending to damage or harm the Premises or improvements thereon or adjacent thereto, or the image or attractiveness thereof; or for any improper, offensive or immoral use or purpose; or in any manner which shall constitute waste, nuisance or public annoyance. The Lessee shall immediately notify the State Land Board of all spills, releases, inspections, correspondence, orders, citations, notices, fines, SO -115444 Page 13 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 response and/or cleanup actions, and violation of laws, regulation or ordinance which affect the Premises. D. Lessee's Authority If the Lessee is an entity other than an individual, each individual executing this lease on behalf of said entity represents and warrants that he or she is duty authorized to execute and deliver this tease on behalf of said entity and that this tease is binding upon said entity in accordance with its terms. The Lessee shalt deliver a certified copy of the appropriate document evidencing authorization for such execution. E. Entire Agreement This tease and all documents incorporated herein by reference represent the entire agreement between the parties hereto. No oral agreement or implied covenant shall be held to vary the provisions hereof. F. Amendments This lease shall not be amended or ratified except by written document executed by the parties hereto. G. Certain Rules of Construction Time is of the essence in the performance of this tease. Unless the context clearly implies otherwise, each and every act to be performed or obligation to be fulfilled by the Lessee under this lease shall be performed or fulfilled at the Lessee's sole cost and expense. Lessee's failure to perform any of its obligations under this Lease in a timely manner shalt be a breach of this tease. H. Governing Law and Venue This tease shalt be governed by and construed in accordance with the taws of the State of Colorado and venue shall be in the City and County of Denver or the county in which the premises is located. I. Notices Every notice, demand, request, designation, consent, approval or other document or instrument required or permitted to be served hereunder shalt be in writing, shall be deemed to have been duly served on the day of receipt and shall be sent by United States mail, postage prepaid. The parties may change the place for serving of such papers on it, or provide for the delivery of not more than two (2) additional copies, by giving the other party at least ten (10) days prior written notice to such effect. J. Severability If for any reason provisions of this lease or the application thereof to any person or circumstances, shall to any extent, be deemed invalid or unenforceable, the remainder of this tease shall not necessarily be affected thereby and each provision of the lease shall be valid and enforceable to the fullest extent permitted by law. K. Costs of Suit: Attorney's Fees In the event that the State Land Board shall, without fault on the State Land Board's part, be made party to any litigation instituted by the Lessee or by any third party against the Lessee, or by or against any person holding under or using the Premises by license of the Lessee, or for the foreclosure of any lien for labor or material furnished to or for the Lessee or any such other person or otherwise arising out of or resulting from any action or transaction of the Lessee or of any such other person, the Lessee hereby indemnifies and holds the State Land Board harmless from and against any judgment rendered against the State Land Board or the improvements or any part thereof, and all costs and expenses, SO -115444 Page 14 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 including reasonable attorney's fees, incurred by the State Land Board in or in connection with such litigation. This provision shall survive the termination, cancellation or relinquishment of this lease. . Archaeology It is contrary to state and federal law to excavate, appropriate or disturb any historical, prehistorical or archaeological site or resource on any lands administered by the State Land Board. Discovery of a suspected site or resource shall be immediately brought to the attention of the State Land Board and the State Archaeologist. M. Counterparts This Lease may be executed in any number of multiple, identical, original counterparts, each of which shall be deemed to be an original, but all of which taken together shalt constitute one and the same agreement. N. Signatures Signatures required in this Lease shall be either original "wet" handwritten signatures or digital signatures in accordance with the Colorado State Controller Contract, Grant and Purchase Order Policies regarding the use of digital signatures issued under the State Fiscal Rules. If any signatory signs this Lease using a digital signature in accordance with the Colorado State Controller Contract, Grant and Purchase Order Policies regarding the use of digital signatures issued under the State Fiscal Rules, then any agreement or consent to use digital signatures within the electronic system through which that signatory signed shalt be incorporated into this Lease by reference. O. Colorado Open Records Act ("CORA") Disclosure To the extent not prohibited by federal law, this lease and the performance measures if any, are subject to release through CORA, C.R.S. § 24-72-200.0 et seq. 26. HOLDING OVER If Lessee remains in possession of the Premises after the termination of this lease (by expiration or otherwise) Lessee shalt be liable for rental during such holdover possession. The reasonable rental during a holdover possession shall be two (2) times the current rental. At the State Land Board's option, the Lessee shall be construed to be in possession of the Premises and to be occupying the same so long as the Premises are used in any way to any extent by Lessee, or so tong as any of his authorized or unauthorized improvements remain on the Premises. Continued occupancy shall not establish a new or extended lease term or other right, no matter how long maintained and regardless of the State Land Board's knowledge thereof. 27. ONGOING OBLIGATIONS Termination, surrender, or relinquishment shall not release or excuse Lessee from any liability: (i) for known or unknown waste or damage to the Premises, including environmental damage which arose from, or in connection with, Lessee's use or occupancy of the Premises; (ii) to the State Land Board, including all rent owed under this Lease, which accrued prior to the date of such relinquishment; (iii) from the obligations to restore or revegetate the surface and to maintain or remove Authorized Improvements or other Lessee property; or (iv) from any other requirement of this lease that survives the Termination of this Lease. Upon relinquishment, Lessee shall not be entitled to a refund of any rent previously paid. Any term, condition, restriction, reservation or covenant that gives rise to any rights or claims of the SO -115444 Page 15 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 State Land Board against Lessee shall be deemed to survive the termination, relinquishment, surrender or abandonment of this tease until all claims and issues have been settled or resolved. 28. STATE LAND BOARD'S AUTHORITY This tease is entered into pursuant to the authority granted to the State Land Board by Colorado state law. 29. ADDITIONAL CONDITIONS WETLANDS AND RIPARIAN RESOURCES A. Lessee shalt not disturb surface land within 100 feet of any wetland, riparian area, or the 100 -year floodplain without the written consent of the Board /Lessor. i. Wetland areas are defined as areas that display wetland characteristics as determined by vegetation, hydrology, and soils (including areas identified by the National Wetland Inventory and/or the Colorado Wetland Information Center Wetland Inventory Mapping Toot https://cnhp.colostate.edu/cwici). ii. Riparian areas are defined as all perennial and intermittent streams and creeks, as well as any ephemeral drainages (including areas identified and mapped by the National Wetland Inventory and/or Colorado Wetland Information Center Wetland Inventory Mapping Toot https://cnhp.colostate.edu/cwic/). B. Prior to any surface disturbance, Lessee shall provide to the lessor/ Board project manager either: i. A map (with topography and/or aerial photography) demonstrating that no wetlands, riparian areas, or 100 -year floodplains exist within 100 feet of the area subject to disturbance; OR, ii. A request to disturb surface land within 100 feet of identified wetlands, riparian areas, or 100 - year floodplains. Such request will include a map identifying the boundaries of any wetlands, riparian areas, or 100 -year floodplain within 100 feet of the proposed disturbance; the total area subject to proposed disturbance; and the reason for the request. HISTORICAL, PREHISTORIC, AND ARCHAEOLOGICAL RESOURCES (CULTURAL RESOURCES) A. Lessee shalt comply with the requirements of C.R.S. § 24-80-401 through 411 and 8 CCR 1504- 7 HISTORICAL, PREHISTORICAL, AND ARCHAEOLOGICAL RESOURCES as the same may be amended from time to time. B. Title and Reservations. The state of Colorado reserves to itself title to all historical, prehistorical, and archaeological resources in all lands, rivers, lakes, reservoirs, and other areas owned by the state or any county, city and county, city, town, district, or other political subdivision of the state. Historical, prehistorical, and archaeological resources (collectively "cultural resources") shall include all deposits, structures, or objects which provide information pertaining to the historical or prehistorical culture of people within the boundaries of the state of Colorado, as welt as fossils and other remains of animals, plants, insects, and other objects of natural history within such boundaries. "Cultural resources" includes, in addition to the specific site or deposit, rights -of -way access on state-owned land from a maintained public road for the exploration, protection, preservation, interpretation, and enhancement of the site or deposit proper. SO -115444 Page 16 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 C. Any area subject to surface disturbance, including new access roads and areas of temporary surface disturbance, together with an additional area extending outward 50 feet in all directions, shalt be known as the Area of Potential Effects ("APE"). The Board/Lessor, at its discretion, may specify that the APE include a broader geographic area or areas within which an undertaking may directly or indirectly cause alterations in the character or use of historic properties, if any such properties exist. D. Site Planning i.Prior to any surface disturbance, Lessee shalt arrange for a Class III cultural resource survey ("Survey") of the APE. The surveyor shall be permitted with the state Office of Archaeology and Historic Preservation (OAHP). The Survey shalt be conducted to OAHP standards and any deviation from such standards shall be approved by the Board /Lessor. The surveyor shall provide the completed Survey, including site management recommendations, to the Board/Lessor and OAHP pursuant to 8 CCR 1504-7. ii. If a Class III survey was previously conducted for the APE, a new Survey for the previously surveyed area is not required. iii. Exempt Areas: A Survey is not required for previously disturbed areas such as existing roads, facilities, well pads, cropland, and parking lots. Additionally, the following surface disturbance activities are exempt from the requirement to conduct a Survey. Exemptions for surface disturbing activities not identified below require prior written approval by the Board/ Lessor. 1) Installation or repair of fences and/or signs; 2) Hand shovel test pits, auger bore holes, and soil sampling; 3) Law enforcement, emergency response, spill response, and/or natural disaster response activities to protect immediate threats to health, safety, or the environment; 4) Installation and repair, maintenance, and replacement of livestock improvements such as water tanks, pumps, associated pipelines, and existing livestock ponds and dams. The construction of new livestock ponds and dams are not exempt from this requirement. 5) Any leases or temporary use permits that do not involve new surface disturbance; and 6) Plugging, restoration, remediation, or reclamation activities that do not involve new surface disturbance outside the boundaries of any existing roads, rights of way, well pads, and associated oil and gas facilities or other structures. iv.If the completed Survey or OAHP identifies any cultural resources on the APE, the Board/Lessor will consult with OAHP and determine whether any specific site management activities will be required. v. The Board/Lessor, in its sole and absolute discretion, may impose additional requirements, conditions, restrictions, or stipulations under this Lease to protect or preserve such cultural resources. Lessee acknowledges that Board/Lessor is under no obligation to refund any rental, bonus, consideration, or fee paid under this Lease. SO -115444 Page 17 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 E. Operations. 1. Under no circumstances may any person injure, destroy, disturb, damage, deface, dislodge, mar, appropriate, collect, remove, alter, or excavate any cultural resources on state lands, except as provided for through the Board/Lessor's recommendations or requirements provided to the Lessee under 3(c) above. Discovery or indication of additional or undocumented cultural resources not identified in the Survey shall be immediately brought to the attention of the Board/Lessor, OAHP, and the State Archaeologist. if human remains are discovered, project activity within 50 feet shall stop immediately and the party shall notify the local law enforcement agency, the Board/Lessor, OAHP, and the State Archaeologist pursuant to CRS 24-80-1302. 30. NO WAIVER No failure by either party to exercise and no delay in exercising any right, power or privilege hereunder will operate as a waiver hereof, nor will any single or partial exercise of any right or privilege hereunder preclude further exercise of the same right or the exercise of any right hereunder. A waiver on one or more occasions of any provisions hereof shall not be deemed a continuing one. [Signature Page Follows] SO -115444 Page 18 of 20 Revlsed_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 IN WITNESS WHEREOF, the Lessor and the Lessee, by their signatures below, agree to the terms of this Lease: PIVOT ENERGY DEVELOPMENT LLC By: DocuSigned by: it) ---f C8DF75413A8 5/5/2023 nature Date Jon Fitzpatrick Printed Name SO -115444 Authorized Representative Title STATE OF COLORADO BY THE STATE BOARD OF LAND COMMISSIONERS �— DocuSigned by: Potv-iat U BY: Y • E3F886F5513E4-21. David S. Rodenberg, Real Estate Portfolio Agent Date: 5/5/2023 Page 19 of 20 Revised_DOL_20210129 DocuSign Envelope ID: D1601ABC-B062-4D1 D-B19A-4EDAF8BC1665 EXHIBIT A "The Premises" S0-115444 Township Range Section Description of Land County 4N 64W 24 W1/2 Weld Containing 320 acres, more or less Page 20 of 20 Revised_DOL_20210129 STATEMENT OF AUTHORITY (FOR A TRUST OR ORPORATE ENTIT LC 1. This Statement of Authority relates to an entity named: Pivot Solar L�I� and ivot I.� The type of entity is a limited liability company - . ('mot, corporation, etc.). The entity is formed under the law ofDela are Astate). 4. The mailing address for the entity is. 1601 Wewatta Street, Suite Tao, i enver CO 80202 5. The name and position of each person authorized to execute instruments conveying. encumbering. or otherwise affecting title to real property on behalf of the entity is: Thomas Hunt, CEO Jonathan Fitzpatrick, CDO Kyle Sundman, Authorized Representative Cait OTMara, Authorized Representative This Statement of Authority is executed on behal ; of the entity pursuant to the provisions o ` olor do Revised Statute Section 38-30-172(2). Executed this _ day of SiTeirl4rt ti. -1 -2024. Printed Name: Ton - wit STATE of CO (gra- C ss. COUNTY OF ' ` eklisiter Signature: Title: Authorized Representative The foregoing instrument was acknowledged before me this 20 'LH by Witness my hand and official seal. My Commission Expires: LOI / ... Gaeta Oataa0 KYLE HOCKSIAD NOTARY PUBLIC - STATE OF COLORADO NOTARY ID 20234037487 MY COMMISSION EXPIRES OCT 3, 2027 5144, day of (Printed N am), Notary Public Ser Purkst. lecher 1 Document must be filed electronically. Paper documents are not accepted. Fees & forms are subject to change. For more information or to print copies of filed documents, visit www.coloradosos.gov. -Flee' Colorado Secretary of State Date and Time: 07/25/2023 09:23 AM ID Number: 20231777640 Document number: 20231777640 Amount Paid: $100.00 ABOVE SPACE FOR OFFICE USE ONLY Statement of Foreign Entity Authority filed pursuant to § 7-90-803 of the Colorado Revised Statutes (C.R.S.) 1. The entity ID number, the entity name, and the true name, if different, are Entity ID number 20231777640 (Colorado Secretary of State ID number) Entity name Pivot Solar 55 LLC True name (if different from the entity name) 2. The form of entity and the jurisdiction under the law of which the entity is formed are Form of entity Foreign Limited Liability Company Jurisdiction Delaware 3. The principal office address of the entity's principal office is Street address 1601 Wewatta Street Suite 700 (Street number and name) Mailing address (leave blank if same as street address) Denver (City) (Province — if applicable) CO 80202 (State) (ZIP/Postal Code) United States (Country) (Street number and name or Post Office Box information) (City) (Province — if applicable) (State) (ZIP/Postal Code) (Country) • 4. The registered agent name and registered agent address of the entity's registered agent are Name (if an individual) or (if an entity) Vcorp Agent Services, Inc. (Caution: Do not provide both an individual and an entity name.) • • (Mi ddle) (Suffix) AUTHORITY Page 1 of 3 Rev. 12/01/2011 (First) (First) (Last) a (Last) Street address 7700 E Arapahoe Road, Suite 220 (Street number and name) Mailing address Centennial (City) CO 80112 (State) (ZIP Code) (leave blank if same as street address) (Street number and name or Post Office Box information) (The following statement is adopted by marking the box) VA (City) CO (State) (ZIP Code) The person appointed as registered agent above has consented to being so appointed. 5. The date the entity commenced or expects to commence transacting business or conducting activities in Colorado is 07/24/2023 (mm/dd/yyyy) 6. (If applicable, adopt the following statement by marking the box and include an attachment) ❑ This document contains additional information as provided by law. 7. (Caution: Leave blank if the document does not have a delayed effective date. Stating a delayed effective date has significant legal consequences. Read instructions before entering a date) (If the following statement applies, adopt the statement by entering a date and, if applicable, time using the required format.) The delayed effective date and, if applicable, time of this document is/are (mm/dd/yyyy hour:minute am/pm) Notice: • Causing this document to be delivered to the Secretary of State for filing shall constitute the affirmation or acknowledgment of each individual causing such delivery, under penalties of perjury, that the document is the individual's act and deed, or that the individual in good faith believes the document is the act and deed of the person on whose behalf the individual is causing the document to be delivered for filing, taken in conformity with the requirements of part 3 of article 90 of title 7, C.R.S., the constituent documents, and the organic statutes, and that the individual in good faith believes the facts stated in the document are true and the document complies with the requirements of that Part, the constituent documents, and the organic statutes. This perjury notice applies to each individual who causes this document to be delivered to the Secretary of State, whether or not such individual is named in the document as one who has caused it to be delivered. 8. The true name and mailing address of the individual causing the document to be delivered for filing are Mann Victoria (Last) (First) 25 Robert Pitt Drive • (Middle) (Suffix) (Street number and name or Post Office Box information) Suite 204 MONSEY (City) NY 10952 (State) (ZIP/Postal Code) United States . (Province — (f applicable) (Country) (If the following statement applies, adopt the statement by marking the box and include an attachment) This document contains the true name and mailing address of one or more additional individuals causing the document to be delivered for filing. AUTHORITY Page 2 of 3 Rev. 12/01/2011 Disclaimer: This form/cover sheet, and any related instructions, are not intended to provide legal, business or tax advice, and are furnished without representation or warranty. While this form/cover sheet is believed to satisfy minimum legal requirements as of its revision date, compliance with applicable law, as the same may be amended from time to time, remains the responsibility of the user of this form/cover sheet. Questions should be addressed to the user's legal, business or tax advisor(s). AUTHORITY Page 3 of 3 Rev. 12/01/2011 STATE OF DELAWARE CERTIFICATE OF FORMATION OF LIMITED LIABILITY COMPANY The undersigned ned authorized person., desiring to form a limited liability company pursuant to the Limited Liability Company Act of the State of Delaware, hereby certifies as follows: , The name of the limited liability company is Pivot Solar 45 L . ,The Registered Office of the limitedliability company in the State of Delaware is located at 108 wo 13th St Suite 100 (street), in the City of Wilmington , Zip Code 19801 . The name of the Registered Agent at such address upon whom process against this limited liability. company may be served is Vcorn .Agent Services .Inc. . By: t µ Author a erson Name:O he Print or Type State of Delaware Secretary of State Division of Corporations Delivered 12:54 PM 06/29/2023 FILED 12:54 PM 06/29/2023 SR 20232889725 - File Number 7543256 STATE OF DELAWARE CERTIFICATE OF FORMATION OF LIMITED LIABILITY COMPANY The undersigned authorized person., desiring to form a limited liability company pursuant to the Limited Liability Company Act of the State of Delaware, hereby certifies as follows: , The name of the limited liability company is Pivot Solar 55 LLC he Registered Office of the limited liability company in the State of Delaware is located at 108 we _ 13th St Suite 100 (street), in the City of Wilmington , Zip Code 19801 . The name of the Registered Agent at such address upon whom process against this limited liability company may be served is \rem A. ae t Services Inc, . By: 400>C::4:) f y. AuthorF� .. erson Name ILO L Print or Type State of Delaware Secretary of State Division of Corporations Delivered 03:48 PM 07/20/2023 FILED 03:48 PM 07/20/2023 SR 20233045617 - File Number 7580369 LIMITED LIABILITY COMPANY AGREEMENT OF PIVOT SOLAR 55 LLC THIS LIMITED LIABILITY COMPANY AGREEMENT of PIVOT SOLAR 55 LLC (this "Agreement") is entered into and shall be effective as of July 20, 2023, by PIVOT ENERGY DEVELOPMENT LLC (the "Initial Member"), as the sole member of PIVOT SOLAR 55 LLC (the "Company"). The Initial Member and any successor or transferee thereof, including any successor or transferee resulting from a transfer described in Section 9 herein, is referred to as the "Member". SECTION 1. LIMITED LIABILITY COMPANY AGREEMENT. This Agreement shall constitute the "limited liability company agreement" of the Company within the meaning of the Delaware Limited Liability Company Act (the "Act") for all purposes. SECTION 2. THE COMPANY. 2.1 Formation. The Company was formed and organized by filing a Certificate of Formation with the Delaware Secretary of State on July 20, 2023 (as amended from time to time, the "Certificate"). The rights and liabilities of the Member shall be as provided in the Act as the same may be modified by the terms and provisions of this Agreement. 2.2 Name. The name of the Company is Pivot Solar 55 LLC. The business of the Company shall be conducted under that name or under such other name, if any, as the Member shall determine. 2.3 Business. The Company may carry on any lawful business, purpose or activity. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business, purposes or activities of the Company. 2.4 Registered Agent and Office. The registered agent for service of process and the registered office of the Company in the State of Delaware shall be as set forth in the Certificate. The Company may also have offices at such other places within or without the State of Delaware as the Member may from time to time determine or the business of the Company may require. 2.5 Title to Property. All property owned by the Company, whether real or personal, tangible or intangible, shall be deemed for all purposes to be owned by the Company, and the Member shall not have any individual interest in such property. Title to all such property shall be held in the name of the Company. 2.6 Term. The term of existence of the Company commenced upon the date of the filing of the Certificate with the office of the Secretary of State of the State of Delaware and shall continue until the earlier of (i) the date on which the Company is dissolved and its affairs wound up in accordance with the provisions of this Agreement or the Act and (ii) such earlier date as dissolution is required pursuant to the Act. 2.7 Fiscal Year. The Fiscal Year of the Company for accounting and tax purposes shall begin on January 1 and end on December 31 of each year, except for the short taxable years in the years of the Company's formation and termination and as otherwise required by the Internal Revenue Code of 1986, as amended. 2.8 Liability of Member and Certain Other Persons; Indemnification. (a) Neither (i) the Member nor (ii) any Authorized Person (defined below) (collectively, the "Covered Persons") shall have any liability under this Agreement or under the Act except as provided herein or as required by the Act. Except as required by the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Covered Person shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Covered Person of the Company. The Member shall be liable to the Company for the capital contributions specified in Section 3.1 and as may otherwise be required pursuant to the Act. The Member shall not be required to loan the Company any funds. (b) Any expenses incurred by the Member on behalf of the Company shall be borne by the Company and the Member shall be reimbursed by the Company for such expenses. (c) To the fullest extent permitted by the Act, the Company shall indemnify and hold harmless each Covered Person from and against any and all losses, claims, demands, liabilities, expenses, judgments, fines, settlements and other amounts arising from any and all claims, demands, actions, suits or proceedings, civil, criminal, administrative or investigative ("Claims"), in which the Covered Person may be involved, or threatened to be involved, as a party or otherwise, by reason of the fact that he, she or it is a Covered Person or which relates to or arises out of the Company or its property, business or affairs. A Covered Person shall not be entitled to indemnification under this Section 2.8(c) with respect to (i) any Claim with respect to which such Covered Person has engaged in fraud, willful misconduct or gross negligence or (ii) any Claim initiated by such Covered Person unless such Claim (A) was brought to enforce such Covered Person's rights to indemnification hereunder or (B) was authorized or consented to by the Member. Expenses incurred in defending any Claim by any Covered Person shall be paid by the Company in advance of the final disposition of such Claim upon receipt by the Company of an undertaking by or on behalf of such Covered Person to repay such amount if it shall be ultimately determined that such Covered Person is not entitled to be indemnified by the Company as authorized by this Section 2.8(c). 2.9 Reliance by Third Parties. Persons dealing with the Company are entitled to rely conclusively upon the power and authority of the Member and Authorized Persons of the Company as herein set forth in this Agreement. SECTION 3. CAPITAL. 3.1 Capital Contributions. The Member shall be obligated to make only such capital contributions to the Company as the Member shall agree to in writing. The Member shall not be 2 obligated to make any contribution to capital of the Company other than as specified in this Section 3.1. The Member shall not be obligated to restore any deficit capital account balance or to pay to any person the amount of any such deficit capital account balance. 3.2 Rights of Member in Capital. The Member shall have no right to distributions or to the return of any contribution to the capital of the Company except (i) for distributions in accordance with Section 5 or (ii) upon dissolution of the Company. SECTION 4. ALLOCATIONS OF PROFITS AND LOSSES. Income, gain, loss, deduction or credit (or any item thereof) of the Company shall be allocated 100% to the Member. SECTION 5. DISTRIBUTIONS. Cash available for distribution will be distributed to the Member in its discretion. SECTION 6. MANAGEMENT. 6.1 Management by Member. The management of the business is vested in the Member. The Member shall have all rights and powers that are conferred by law as necessary, advisable or convenient in order to manage the business of the Company. 6.2 Member Liability. The liability of the Member shall be limited as provided pursuant to applicable law. The Member is in control, management, direction, and operation of the Company's affairs and shall have powers to bind the Company with any legally binding agreement, including opening and administering bank accounts for the Company. 6.3 Powers of the Member. Without limiting Section 6.1, the Member is authorized on the Company's behalf to make all decisions as to (a) the sale, development lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of liens on and security interests in the Company's assets; (e) the pre -payment, refinancing or extension of any loan affecting the Company's assets; (f) the guarantying of the obligations of others and the granting of liens on and security interests in the Company's assets to secure the obligations of others; (g) the compromise or release of any of the Company's claims or debts; and (h) the employment of persons, firms or corporations for the operation and management of the Company's business. In the exercise of its management powers, the Member is authorized to execute and deliver on behalf of the Company (a) all contracts, conveyances, assignments leases, sub -leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; (d) all guaranties, pledge agreements, assignments for security and other similar documents; and (e) all other instruments of any other kind relating to the Company's affairs, whether like or unlike the foregoing. 6.4 Authorized Persons. The Member or its direct or indirect owner that holds, directly or indirectly, a majority or controlling interest in the Member (the "Parent Company") may appoint individuals, with such titles as the Member or the Parent Company may select, as officers, authorized persons, employees or agents of the Company to act on behalf of the Company, with such power and authority as the Member or the Parent Company may delegate from time to 3 time to any such person. Any such officers, authorized persons, employees and agents (each, an "Authorized Person") may be removed by the Member or the Parent Company at any time and from time to time, with or without cause. The Member and any Authorized Person (to the extent acting within the scope of their delegated authority) shall have the right to act for and bind the Company and may execute documents, instruments and contracts in the name of and on behalf of the Company. SECTION 7. BOOKS AND RECORDS; ACCOUNTING; BUDGETS; FINANCIAL STATEMENTS; BANK ACCOUNTS. 7.1 Books and Records. The books and records of the Company shall be kept at the principal office of the Company. 7.2 Method of Accounting. The Company's books of accounts shall be maintained in accordance with federal income tax accounting principles utilizing a method of accounting chosen by the Member. 7.3 Bank Accounts. The Company may maintain appropriate accounts at one or more financial institutions for all funds of the Company as determined by the Member. Such accounts shall be used solely for the business of the Company. Withdrawals from such accounts shall be made only upon the signature of those persons authorized by the Member. The foregoing notwithstanding, the Company may maintain certain accounts as collateral accounts to secure the payment and performance of the obligations of the Company and any subsidiaries and such accounts may be subject to restrictions and procedures governing deposits to, transfers and withdrawals from, and investment of funds in, such accounts. SECTION 8. TAX MATTERS. 8.1 Tax Returns. The Member shall cause any federal, state or local income tax returns of the Company to be prepared and filed on behalf of the Company, and they shall cause copies of such returns to be furnished to the Member. 8.2 Disregarded Entity for Federal and State Income and Franchise Tax Purposes. The Member intends that the Company shall be treated as a "domestic eligible entity" that is disregarded as an entity separate from its owner (a "Disregarded Entity") for federal, state and local income and franchise tax purposes and shall take all reasonable action, including the amendment of this Agreement and the execution of other documents but without changing the economic relationships created by, or the essential terms of, this Agreement, as may be reasonably required to qualify for and receive treatment as a Disregarded Entity for federal income tax purposes. SECTION 9. TRANSFER OF INTERESTS. 9.1 Transfer. The Member may sell, transfer, assign, exchange, mortgage, pledge, grant a security interest or lien in, on or against, or otherwise dispose of or encumber all or any part of its right, title and interest in the Company, including without limitation (i) its "limited liability company interest" (as such term is defined in section 18-101(10) of the Act) in the Company; (ii) its right to participate in the management of the business and the affairs of the 4 Company; and (iii) its status as a "member" (as such term is defined in section 18-101(13) of the Act) in the Company (collectively, the "Interest"). Any transferee of all or part of the Member's Interest shall be admitted as a member of the Company if (i) the transferor Member shall so provide in writing in the instrument of transfer, provided that, in the event of a transfer by reason of the dissolution of the Member, the transferee(s) shall be admitted as a Member without further action by the dissolved Member, or (ii) the transferee is a mortgagee, pledgee or secured party that has foreclosed or accepted a transfer in lieu of foreclosure of the Interest. 9.2 Withdrawal of Interests of Member. The Interest of the Member in the Company may not be withdrawn from the Company prior to its dissolution. SECTION 10. DISSOLUTION OF THE COMPANY. 10.1 Dissolution of the Company. The Company shall be dissolved upon a written action of the Member or upon the happening of such other events as result in a dissolution of the Company under the Act, provided, however, that the Company shall not be dissolved upon the dissolution or other termination of the legal existence of the Member. In the event of dissolution of the Company, the Company shall commence an orderly winding -down process. The continuing operation of the Company's business shall be confined to those activities reasonably necessary to wind up the Company's affairs, discharge its obligations, and preserve and distribute its assets. 10.2 Distributions in Liquidation. In the event of the dissolution of the Company as provided for in Section 10.1, the proceeds of liquidation of the Company's assets, and any assets that the Member determines are to be distributed in kind, shall be applied as follows: (a) the debts, liabilities and obligations of the Company, other than debts to the Member, and the expenses of liquidation (including legal and accounting expenses incurred in connection therewith), up to and including the date that distribution of the Company's assets to the Member has been completed, shall first be satisfied (whether by payment or by making reasonable provision for payment thereof); (b) such debts as are owing to the Member shall next be paid or provided for; and (c) the remaining proceeds, or assets to be distributed in kind, shall be distributed to the Member. 10.3 Certificate of Cancellation. As soon as possible (but in no event later than 90 days) following the completion of the winding up of the Company, the Member (or any other appropriate representative of the Company) shall execute a certificate of cancellation in the form prescribed by the Act and shall file the same with the office of the Secretary of State of the State of Delaware. 10.4 Liquidating Statement. The Member shall be furnished with a statement that shall set forth the assets and liabilities of the Company as of the date of complete liquidation. 5 SECTION 11. MISCELLANEOUS. 11.1 Member. Amendment. This Agreement may only be amended by a writing executed by the 11.2 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware (without regard to principles of conflict of laws) applicable to contracts made and to be performed therein. 11.3 Severability. Any provision hereof which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. To the extent permitted by applicable law, the parties hereby waive any provision of law which may render any provision hereof void or unenforceable in any respect. 11.4 Headings. The headings and captions in this Agreement are for convenience of reference only and shall not in any way affect the meaning or interpretation of any of the terms or provisions hereof. 11.5 No Third Party Beneficiaries. Except as otherwise provided herein, nothing in this Agreement shall be construed as giving any person other than the parties hereto any right, remedy or claim under or in respect of this Agreement or any provision hereof. (Signature Page Follows) 6 IN WITNESS WHEREOF, the Member has caused this Agreement to be duly executed and delivered as of the date first set forth above. MEMBER: PIVOT ENERGY DEVELOPMENT LLC, a Colorado limited liability company By: Name: Amy Nitl5en Title: Authorized Representative Ai Signature Page to LLC Agreement Pivot Solar 55 LLC N AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENTOF PIVOT ENERGY DEVELOPMENT LLC This AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT ("Agreement"), dated as of August 11, 2021, of Pivot Energy Development LLC, a Colorado limited liability company ("Company"), is entered into by Pivot Energy, Inc a Delaware corporation, as the sole member of the Company ("Member") pursuant to and in accordance with the Colorado Limited Liability Company Act, Colorado Revised Statutes, Title 7 §§80-101,et seq. (the "Act"). RECITALS WHEREAS, TCA Microgrid Energy, LLC ("TCA") formed Company in accordance with Section 80-108(1)(c) of the Act, on or about April 23, 2021; and WHEREAS, at formation of Company, TCA was the sole Member of Company; and WHEREAS, TCA sold its membership interest in Company to Pivot Energy Inc, a Delaware corporation on or about May 18, 2021 and Pivot Energy Inc, became the new Member of Company; and WHEREAS, the new Member, Pivot Energy Inc now desires to set forth its understandings regarding its rights, obligations and interests with respect to the affairs of the Company and the conduct of its business. NOW, THEREFORE, in consideration of the agreements and obligations set forth herein andfor other good and valuable consideration, the receipt and sufficiency of which are herebyacknowledged, the Member hereby agrees as follows: ARTICLE I Definitions Section 1.1 Definitions. Capitalized terms used but not otherwise defined herein shall havethe meanings assigned to them in the Act. ARTICLE II General Provisions Section 2.1 Company Name. The name of the Company is "Pivot Energy Development LLC ". The business of the Company may be conducted upon compliance with all applicable laws under any other name designated by the member(s). Pivot Energy Development LLC Amended and Restated Limited Liability Company Agreement Page 1 of 11 Section 2.2 Registered Office; Registered Agent. (a) The Company shall maintain a registered office in the State of Colorado and the name of the Company's registered agent in the State of Colorado is Vcorp Services LLC. (b) The business address of the Company is 1750 15th Street, Suite 400, Denver, CO 80202, or such other place as the Manager shall designate. Section 2.3 Nature of Business Permitted; Powers. The purpose of the Company is to engage in any activity for which limited liability companies may be organized in the State of Colorado, including solar project development, ownership, and operation. The Company shall possess and may exercise all of the powers and privileges granted by the Act or by any other law or by this Agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company. Section 2.4 Business Transactions of a Member with the Company. In accordance with Section 18-107 of the Act, a member may transact business with the Company and, subject to applicable law and this Agreement, shall have the same rights and obligations with respect to any such matter as a person who is not a member. Section 2.5 Fiscal Year. The fiscal year of the Company ("Fiscal Year") for financial statement purposes shall end on December 31 of each year. Section 2.6 Effective Date. In accordance with Section 80-108(c) of the Act, it is the intention of the Member that this Agreement be effective as of the Company's date of formation. ARTICLE III Member(s) Section 3.1 Admission of Member(s). (a) Simultaneously with the effectiveness of this Agreement in accordance with Section 2.6 hereof, Pivot Energy Inc a Delaware corporation is admitted as the sole Member of the Company in respect of the Interest (as hereinafter defined) being acquired hereunder. (b) Additional Members may only be admitted to the Company upon the consent of all Members, which consent may be evidenced by, among other things, the executionof an amendment to or an amendment and restatement of this Agreement. Section 3.2 Interest. Pivot Energy Development LLC Amended and Restated Limited Liability Company Agreement Page 2 of 11 (a) The Company shall be authorized to issue a single class of Limited Liability Company Interest (as defined in the Act, the "Interest") that shall not be certificated, and shall include any and all benefits to which the holder of such Interest may be entitled in this Agreement, together with all obligations of such person to comply with the terms and provisions of this Agreement. (b) In the event that there is more than one member, each member's Interest in the Company shall be expressed as a percentage equal to the ratio on any date of such member's capital contributions on such date to the aggregate capital contributions of all members on such date, (as to any member, his or its "Percentage Interest"). In the event there shall only be one member, its "Percentage Interest" shall be 100% for purposes of this Agreement. Section 3.3 Liability of Member(s). (a) All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no member shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member. (b) Except as otherwise expressly required by law, a member shall not have any liability in excess of (i) the amount of its aggregate capital contributions to the Company, (ii)its share of any assets and undistributed profits of the Company, (iii) its obligation to make other payments, if any, expressly provided for in this Agreement or any amendment hereto and (iv) the amount of any distributions wrongfully distributed to it. Section 3.4 Access to and Confidentiality of Information; Records. (a) Any member shall have the right to obtain from the Company from time to time upon reasonable demand for any purpose reasonably related to the member's interest as a member of the Company, the documents and other information described in Section 80-408(1) of the Act. (b) Any demand by a member pursuant to this Section 3.4 shall be in writing and shall state the purpose of such demand. Section 3.5 Meetings of Member(s). (a) Meetings of the member(s) may be called at any time by any member. (b) Except as otherwise provided by law, (i) if there shall be more than one member of the Company, a majority in Percentage Interests of the Company, entitled to vote at the meeting shall constitute a quorum at all meetings of the member(s), so long as at least one duly authorized representative of each member are in attendance at such meetings of the members, or (ii) if there shall only be one member, such member shall constitute a quorum. Pivot Energy Development LLC Amended and Restated Limited Liability Company Agreement Page 3 of 11 (c) Any action required to or which may be taken at a meeting of member(s) may be taken without a meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by all member(s). Any such written consent may be executed in two or more counterparts, each of which shall be deemed to be an original, but all of which shall constitute one and the same document. (d) Regular meetings of the member(s) may be held from time to time as the Member designates. Member(s) may participate in a meeting by means of conference telephone or similar communications equipment by means of which all persons participating in the meetingcan hear each other, and participation in a meeting by such means shall constitute presence in person at such meeting. Section 3.6 Vote. Except as specifically set forth herein, any matter requiring the vote of the members shall require (including for purposes of actions taken by the members in order to manage the Company as provided in Article IV hereof) a majority in Percentage Interests of the members in order to constitute the act of the members. Section 3.7 Notice. Meetings of the member(s) may be held at such places and at such times as the member(s) may from time to time determine. Written notice of the time, place, and purpose of such meeting shall be served by registered or certified prepaid, first class mail, via overnight courier using a nationally reputable courier, or by fax or cable, upon each member and shall be given at least two (2) business days prior to the time of the meeting. No notice of a meeting need be given to any member if a written waiver of notice, executed before or after the meeting by such member thereunto duly authorized, is filed with the records of the meeting, or toany member who attends the meeting without protesting prior thereto or at its commencementthe lack of notice to him or her. A waiver of notice need not specify the purposes of the meeting. Section 3.8 Delegation of Powers. Subject to any limitations set forth in the Act, the Member, or, if additional members are admitted, the member(s) may delegate any of its or their powers to Manager(s) of the Company pursuant to Section 4.1 hereof, or otherwise to committees consisting of persons who may or may not be member(s). Every Manager or committee shall, in the exercise of the power so delegated, comply with any restrictions that maybe imposed on them by the member(s) and this Agreement. Section 3.9 Withdrawals and Removals of Member(s). No member may resign, withdraw or be removed as a member of the Company without the written consent of all of the member(s). ARTICLE IV Management Section 4.1 General. Except as specifically set forth herein, the business and affairs of the Company shall be managed by and under the direction of the Manager, who shall have full, exclusive and complete discretion to manage and control the business and affairs of the Company, to make all decisions affecting the business and affairs of the Company and to take allsuch actions Pivot Energy Development LLC Amended and Restated Limited Liability Company Agreement Page 4 of 11 as it deems necessary or appropriate to accomplish the purposes of the Company as set forth herein. The Member is hereby named and accepts the position as Manager ("Manager").The Manager may be removed by the Member at any time and for any reason and may at any time and for any reason resign as Manager. Section 4.2 Reliance by Third Parties. Persons dealing with the Company are entitled to rely conclusively upon the power and authority of the Manager(s) herein set forth. Section 4.3 Expenses. Except as otherwise provided in this Agreement or prohibitedby law, the Company shall be responsible for and shall pay all expenses out of funds of the Company determined by the Manager to be available for such purpose, provided that such expenses are those of the Company or are otherwise incurred by the Manager in connection with this Agreement, including, without limitation: (a) all expenses related to the business of the Company and all routine administrative expenses of the Company, including the maintenance of books and records of the Company, the preparation and dispatch to any member(s) of checks, financial reports, tax returns and notices required pursuant to this Agreement or in connection with the holding of any meetings of the member(s); (b) All expenses incurred in connection with any litigation or arbitration involving the Company (including the cost of any investigation and preparation) and the amount of any judgment or settlement paid in connection therewith; (c) all expenses for indemnity or contribution payable by the Company to any person; (d) all expenses incurred in connection with the collection of amounts due to the Company from any person; (e) this Agreement; and all expenses incurred in connection with the preparation of amendments to (0 expenses incurred in connection with the liquidation, dissolution and winding up of the Company. ARTICLE V Finance Section 5.1 Form of Contribution. (a) The contribution of a member to the Company must be in cash or property, provided that if there is more than one member, all member(s) must consent in writing to contributions of property. To the extent there is more than one member, additional contributions in the same proportion shall be made by each member, except as may be approved by all Pivot Energy Development LLC Amended and Restated Limited Liability Company Agreement Page 5 of 11 member(s). No member is required to make any contribution of property or money to the Company in excess of the property or money it has agreed to contribute to the Company. . (b) At any time that there is more than one member, a capital account shall be maintained for each member, to which contributions and profits shall be credited and against which distributions and losses shall be charged. Such capital accounts shall be maintained in accordance with the tax accounting principles prescribed by the Treasury Regulations (the "Allocation Regulations") promulgated under Section 704 of the Internal Revenue Code of 1986,as amended (the "Code"), so that the tax allocations provided in this Agreement shall, to the extent possible, satisfy the "alternate economic effect test" within the meaning of the Allocation Regulations. Section 5.2 Allocation of Profits and Losses. The profits and losses of the Company shall be allocated entirely to the Member or, if additional member(s) are admitted, the member(s)in proportion to their respective Percentage Interests. Section 5.3 Distributions. The distributions of the Company shall be distributed entirely to the Member or, if additional member(s) are admitted, the member(s) in proportion to their respective Percentage Interests. ARTICLE VI Distribution Section 6.1 Distribution in Kind. Notwithstanding the provisions of Section 80-108 of the Act, a member may be compelled to accept distributions in -kind from the Company. ARTICLE VII Assignment of Limited Liability Company Interests Section 7.1 Assignment of Limited Liability Company Interests. Interests in the Company may be assignable and transferable. Any transferee shall not be admitted as a member unless and until the transferee has executed a counterpart of this Agreement and members then admitted consent unanimously to the admission of the transferee. ARTICLE VIII Dissolution Section 8.1 Dissolution. The Company shall dissolve, and its affairs shall be woundup, upon the earliest to occur of (i) the consent of the Member, or, if additional member(s) are admitted, the unanimous consent of the members, and (ii) an event of dissolution of the Company under the Act. Pivot Energy Development LLC Amended and Restated Limited Liability Company Agreement Page 6 of 11 Section 8.2 Winding Up. Subject to the provisions of the Act, the Member or, if additional member(s) are admitted, the member(s) (acting by written consent of all member(s)) shall have the right to wind up the Company's affairs in accordance with Section 18-803 of the Act (and shall promptly do so upon dissolution of the Company) and shall also have the right to act as or appoint a liquidating trustee in connection therewith. Section 8.3 Distribution of Assets Upon Dissolution. Upon the winding up of the Company, the assets shall be distributed in the manner provided in Section 18-804 of the Act. ARTICLE IX Tax Characterization Section 9.1 Tax Treatment. Until such time as the Company shall have more than one member, it is the intention of the Member that the Company be disregarded for federal and all relevant state tax purposes and that the activities of the Company be deemed to be activities of the Member for such purposes. In the event that that the Company shall have more than one member, it is the intention of the members that the Company be taxed as a partnership for federal and all relevant state tax purposes. All provisions of the Company's Articles of Organization and this Agreement are to be construed so as to preserve that tax status. The Company shall timely make all necessary elections and filings for federal, state, and local tax purposes to accomplish the foregoing objective. Section 9.2 Form K-1. After the end of each Fiscal Year, the Manager shall cause tobe prepared and transmitted, as promptly as possible, and in any event within ninety (90) days of the close of such Fiscal Year, a federal income tax Form K-1 and any required similar state income tax form for each member. Section 9.3 Company Tax Returns. The Manager shall cause to be prepared and timely filed all tax returns required to be filed for the Company. The Manager may, in its sole discretion, make or refrain from making any federal, state or local income or other tax elections for the Company that it deems necessary or advisable; provided that if there is more than one member, the prior written consent of all the member(s) shall be required in order for theCompany to make an election pursuant to Section 754 of the Code. ARTICLE X Exculpation and Indemnification Section 10.1 Exculpation. Notwithstanding any other provisions of this Agreement, whether express or implied, or obligation or duty at law or in equity, no member, or any officers, directors, stockholders, partners, employees, representatives or agents of any of the foregoing, nor any officer, employee, representative, manager or agent of the Company or any of itsaffiliates (individually, a "Covered Person" and collectively, the "Covered Persons") shall be liable to the Company or any other person for any act or omission (in relation to the Company, this Agreement, Pivot Energy Development LLC Amended and Restated Limited Liability Company Agreement Page 7 of 11 any related document or any transaction or investment contemplated hereby or thereby) taken or omitted in good faith by a Covered Person and in the reasonable belief thatsuch act or omission is in or is not contrary to the best interests of the Company and is within thescope of authority granted to such Covered Person by this Agreement, provided that such act or omission does not constitute fraud, willful misconduct, bad faith, or gross negligence. Section 10.2 Indemnification. To the fullest extent permitted by law, the Company shall indemnify and hold harmless each Covered Person from and against any and all losses, claims, demands, liabilities, expenses, judgments, fines, settlements and other amounts arising from any and all claims, demands, actions, suits or proceedings, civil, criminal, administrative or investigative, in which the Covered Person may be involved, or threatened to be involved, as a party or otherwise, by reason of its management of the affairs of the Company or which relates to or arises out of the Company or its property, business or affairs. A Covered Person shall not be entitled to indemnification under this Section 10.2 with respect to any claim, issue or matter in which it has engaged in fraud, willful misconduct, bad faith or gross negligence. ARTICLE XI Miscellaneous Section 11.1 Amendment to this Agreement. Except as otherwise provided in this Agreement, this Agreement may be amended by, and only by, a written instrument executed by the Member or, if additional member(s) are admitted, unanimous consent of the member(s). Section 11.2 Successors; Counterparts. Subject to Article VIII, this Agreement (a) shall be binding as to the executors, administrators, estates, heirs, assigns and legal successors, or nominees or representatives, of the Member or, if additional member(s) are admitted, the member(s) and (b) may be executed in several counterparts with the same effect as if the parties executing the several counterparts had all executed one counterpart. Section 11.3 Governing Laws Severability. (a) This Agreement shall be governed by and construed in accordance with the laws of the State of Colorado without giving effect to the principles of conflict of laws thereof In particular, this Agreement shall be construed to the maximum extent possible to comply with all the terms and conditions of the Act. If, nevertheless, it shall be determined by a court of competent jurisdiction that any provisions or wording of this Agreement shall be invalid or unenforceable under the Act or other applicable law, such invalidity or unenforceability shall not invalidate the entire Agreement and this Agreement shall be construed so as to limit any termor provision so as to make it enforceable or valid within the requirements of applicable law, and, in the event such term or provisions cannot be so limited, this Agreement shall be construed to omit such invalid or unenforceable terms or provisions. If it shall be determined by a court of competent jurisdiction that any provisions relating to the distributions and allocations of the Company or to any expenses payable by the Company are invalid or unenforceable, this Agreement shall be construed or interpreted so as (i) to make it enforceable or valid and (ii) to make the distributions Pivot Energy Development LLC Amended and Restated Limited Liability Company Agreement Page 8 of 11 and allocations as closely equivalent to those set forth in this Agreementas is permissible under applicable law. (b) Each party hereto (i) irrevocably submits to the non-exclusive jurisdiction of any Colorado State court or Federal court sitting in Denver, Colorado in any action arising out of this Agreement and (ii) consents to the service of process by mail. Nothing herein shall affect the right of any party to serve legal process in any manner permitted by law or affect his or its right to bring any action in any other court. Section 11.4 Filings. Amy Nupen is hereby designated as authorized within the meaning of the Act, and has executed, delivered and filed the Articles of Organization of the Company with the Secretary of State of the State of Colorado. Upon the filing of the Articles of Organization with the Secretary of State of the State of Colorado, her powers as an authorized person ceased, and the Manager thereupon became the designated authorized person and shall continue as the designated authorized person within the meaning of the Act. The Manager shall, as an authorized person within the meaning of the Act, prepare or cause to be prepared any documents required to be filed and recorded under the Act, and the Manager shall promptly cause each such document required to be filed and recorded in accordance with the Act and, to the extent required by local law, to be filed and recorded or notice thereof to be published in the appropriate place in each jurisdiction in which the Company may hereafter establish a place of business. The Manager shall also promptly cause to be filed, recorded and published such statements of fictitious business name and any other notices, certificates, statements or other instruments required by any provision of any applicable law of the United States or any state or other jurisdiction which governs the conduct of its business from time to time. Section 11.5 Headings. Section and other headings contained in this Agreement are for reference purposes only and are not intended to describe, interpret, define or limit the scope or intent of this Agreement or any provision hereof. Section 11.6 Further Assurances. Each member agrees to perform all further acts and execute, acknowledge and deliver any documents that may be reasonably necessary to carry out the provisions of this Agreement. Section 11.7 Notices. All notices, requests and 'other communications to any member shall be in writing (including telecopier or similar writing) and shall be given to such member (and any other person designated by such member) at its address or telecopier number set forth ina schedule filed with the records of the Company or such other address or telecopier number as such member may hereafter specify for the purpose by notice. Each such notice, request or other communication shall be effective (a) if given by telecopier, when transmitted to the number specified pursuant to this Section and the appropriate confirmation is received, (b) if given by mail, seventy-two (72) hours after such communication is deposited in the mails with first class postage prepaid, addressed as aforesaid, or (c) if given by any other means, when delivered at theaddress specified pursuant to this Section. Section 11.8 Books and Records; Accounting. The Manager shall keep or cause to be kept Pivot Energy Development LLC Amended and Restated Limited Liability Company Agreement Page 9 of 11 at the address of the Company (or at such other place as the member(s) shall determine in their discretion) true and full books and records regarding the status of the business and financial condition of the Company. SIGNATURE PAGE FOLLOWS Pivot Energy Development LLC Amended and Restated Limited Liability Company Agreement Page 10 of 11 IN WITNESS WHEREOF, the undersigned has caused this Agreement to be executed as of the date first above written. Pivot Energy Inc By: Thomas Hunt Its: Authorized Representative Pivot Energy Development LLC Amended and Restated Limited Liability Company Agreement Page 11 of 11 LIMITED LIABILITY COMPANY AGREEMENT OF PIVOT SOLAR 45 LLC THIS LIMITED LIABILITY COMPANY AGREEMENT of PIVOT SOLAR 45 LLC (this "Agreement") is entered into and shall be effective as of June 29, 2023, by PIVOT ENERGY DEVELOPMENT LLC (the "Initial Member"), as the sole member of PIVOT SOLAR 45 LLC (the "Company"). The Initial Member and any successor or transferee thereof, including any successor or transferee resulting from a transfer described in Section 9 herein, is referred to as the "Member". SECTION 1. LIMITED LIABILITY COMPANY AGREEMENT. This Agreement shall constitute the "limited liability company agreement" of the Company within the meaning of the Delaware Limited Liability Company Act (the "Act") for all purposes. SECTION 2. THE COMPANY. 2.1 Formation. The Company was formed and organized by filing a Certificate of Formation with the Delaware Secretary of State on June 29, 2023 (as amended from time to time, the "Certificate"). The rights and liabilities of the Member shall be as provided in the Act as the same may be modified by the terms and provisions of this Agreement. 2.2 Name. The name of the Company is Pivot Solar 45 LLC. The business of the Company shall be conducted under that name or under such other name, if any, as the Member shall determine. 2.3 Business. The Company may carry on any lawful business, purpose or activity. The Company shall possess and may exercise all the powers and privileges granted by the Act or by any other law, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business, purposes or activities of the Company. 2.4 Registered Agent and Office. The registered agent for service of process and the registered office of the Company in the State of Delaware shall be as set forth in the Certificate. The Company may also have offices at such other places within or without the State of Delaware as the Member may from time to time determine or the business of the Company may require. 2.5 Title to Property. All property owned by the Company, whether real or personal, tangible or intangible, shall be deemed for all purposes to be owned by the Company, and the Member shall not have any individual interest in such property. Title to all such property shall be held in the name of the Company. 2.6 Term. The term of existence of the Company commenced upon the date of the filing of the Certificate with the office of the Secretary of State of the State of Delaware and shall continue until the earlier of (i) the date on which the Company is dissolved and its affairs wound up in accordance with the provisions of this Agreement or the Act and (ii) such earlier date as dissolution is required pursuant to the Act. 2.7 Fiscal Year. The Fiscal Year of the Company for accounting and tax purposes shall begin on January 1 and end on December 31 of each year, except for the short taxable years in the years of the Company's formation and termination and as otherwise required by the Internal Revenue Code of 1986, as amended. 2.8 Liability of Member and Certain Other Persons; Indemnification. (a) Neither (i) the Member nor (ii) any Authorized Person (defined below) (collectively, the "Covered Persons") shall have any liability under this Agreement or under the Act except as provided herein or as required by the Act. Except as required by the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Covered Person shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Covered Person of the Company. The Member shall be liable to the Company for the capital contributions specified in Section 3.1 and as may otherwise be required pursuant to the Act. The Member shall not be required to loan the Company any funds. (b) Any expenses incurred by the Member on behalf of the Company shall be borne by the Company and the Member shall be reimbursed by the Company for such expenses. (c) To the fullest extent permitted by the Act, the Company shall indemnify and hold harmless each Covered Person from and against any and all losses, claims, demands, liabilities, expenses, judgments, fines, settlements and other amounts arising from any and all claims, demands, actions, suits or proceedings, civil, criminal, administrative or investigative ("Claims"), in which the Covered Person may be involved, or threatened to be involved, as a party or otherwise, by reason of the fact that he, she or it is a Covered Person or which relates to or arises out of the Company or its property, business or affairs. A Covered Person shall not be entitled to indemnification under this Section 2.8(c) with respect to (i) any Claim with respect to which such Covered Person has engaged in fraud, willful misconduct or gross negligence or (ii) any Claim initiated by such Covered Person unless such Claim (A) was brought to enforce such Covered Person's rights to indemnification hereunder or (B) was authorized or consented to by the Member. Expenses incurred in defending any Claim by any Covered Person shall be paid by the Company in advance of the final disposition of such Claim upon receipt by the Company of an undertaking by or on behalf of such Covered Person to repay such amount if it shall be ultimately determined that such Covered Person is not entitled to be indemnified by the Company as authorized by this Section 2.8(c). 2.9 Reliance by Third Parties. Persons dealing with the Company are entitled to rely conclusively upon the power and authority of the Member and Authorized Persons of the Company as herein set forth in this Agreement. SECTION 3. CAPITAL. 3.1 Capital Contributions. The Member shall be obligated to make only such capital contributions to the Company as the Member shall agree to in writing. The Member shall not be 2 obligated to make any contribution to capital of the Company other than as specified in this Section 3.1. The Member shall not be obligated to restore any deficit capital account balance or to pay to any person the amount of any such deficit capital account balance. 3.2 Rights of Member in Capital. The Member shall have no right to distributions or to the return of any contribution to the capital of the Company except (i) for distributions in accordance with Section 5 or (ii) upon dissolution of the Company. SECTION 4. ALLOCATIONS OF PROFITS AND LOSSES. Income, gain, loss, deduction or credit (or any item thereof) of the Company shall be allocated 100% to the Member. SECTION 5. DISTRIBUTIONS. Cash available for distribution will be distributed to the Member in its discretion. SECTION 6. MANAGEMENT. 6.1 Management by Member. The management of the business is vested in the Member. The Member shall have all rights and powers that are conferred by law as necessary, advisable or convenient in order to manage the business of the Company. 6.2 Member Liability. The liability of the Member shall be limited as provided pursuant to applicable law. The Member is in control, management, direction, and operation of the Company's affairs and shall have powers to bind the Company with any legally binding agreement, including opening and administering bank accounts for the Company. 6.3 Powers of the Member. Without limiting Section 6.1, the Member is authorized on the Company's behalf to make all decisions as to (a) the sale, development lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of liens on and security interests in the Company's assets; (e) the pre -payment, refinancing or extension of any loan affecting the Company's assets; (f) the guarantying of the obligations of others and the granting of liens on and security interests in the Company's assets to secure the obligations of others; (g) the compromise or release of any of the Company's claims or debts; and (h) the employment of persons, firms or corporations for the operation and management of the Company's business. In the exercise of its management powers, the Member is authorized to execute and deliver on behalf of the Company (a) all contracts, conveyances, assignments leases, sub -leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; (d) all guaranties, pledge agreements, assignments for security and other similar documents; and (e) all other instruments of any other kind relating to the Company's affairs, whether like or unlike the foregoing. 6.4 Authorized Persons. The Member or its direct or indirect owner that holds, directly or indirectly, a majority or controlling interest in the Member (the "Parent Company") may appoint individuals, with such titles as the Member or the Parent Company may select, as officers, authorized persons, employees or agents of the Company to act on behalf of the Company, with such power and authority as the Member or the Parent Company may delegate from time to 3 time to any such person. Any such officers, authorized persons, employees and agents (each, an "Authorized Person") may be removed by the Member or the Parent Company at any time and from time to time, with or without cause. The Member and any Authorized Person (to the extent acting within the scope of their delegated authority) shall have the right to act for and bind the Company and may execute documents, instruments and contracts in the name of and on behalf of the Company. SECTION 7. BOOKS AND RECORDS; ACCOUNTING; BUDGETS; FINANCIAL STATEMENTS; BANK ACCOUNTS. 7.1 Books and Records. The books and records of the Company shall be kept at the principal office of the Company. 7.2 Method of Accounting. The Company's books of accounts shall be maintained in accordance with federal income tax accounting principles utilizing a method of accounting chosen by the Member. 7.3 Bank Accounts. The Company may maintain appropriate accounts at one or more financial institutions for all funds of the Company as determined by the Member. Such accounts shall be used solely for the business of the Company. Withdrawals from such accounts shall be made only upon the signature of those persons authorized by the Member. The foregoing notwithstanding, the Company may maintain certain accounts as collateral accounts to secure the payment and performance of the obligations of the Company and any subsidiaries and such accounts may be subject to restrictions and procedures governing deposits to, transfers and withdrawals from, and investment of funds in, such accounts. SECTION 8. TAX MATTERS. 8.1 Tax Returns. The Member shall cause any federal, state or local income tax returns of the Company to be prepared and filed on behalf of the Company, and they shall cause copies of such returns to be furnished to the Member. 8.2 Disregarded Entity for Federal and State Income and Franchise Tax Purposes. The Member intends that the Company shall be treated as a "domestic eligible entity" that is disregarded as an entity separate from its owner (a "Disregarded Entity") for federal, state and local income and franchise tax purposes and shall take all reasonable action, including the amendment of this Agreement and the execution of other documents but without changing the economic relationships created by, or the essential terms of, this Agreement, as may be reasonably required to qualify for and receive treatment as a Disregarded Entity for federal income tax purposes. SECTION 9. TRANSFER OF INTERESTS. 9.1 Transfer. The Member may sell, transfer, assign, exchange, mortgage, pledge, grant a security interest or lien in, on or against, or otherwise dispose of or encumber all or any part of its right, title and interest in the Company, including without limitation (i) its "limited liability company interest" (as such term is defined in section 18-101(10) of the Act) in the Company; (ii) its right to participate in the management of the business and the affairs of the 4 Company; and (iii) its status as a "member" (as such term is defined in section 18-101(13) of the Act) in the Company (collectively, the "Interest"). Any transferee of all or part of the Member's Interest shall be admitted as a member of the Company if (i) the transferor Member shall so provide in writing in the instrument of transfer, provided that, in the event of a transfer by reason of the dissolution of the Member, the transferee(s) shall be admitted as a Member without further action by the dissolved Member, or (ii) the transferee is a mortgagee, pledgee or secured party that has foreclosed or accepted a transfer in lieu of foreclosure of the Interest. 9.2 Withdrawal of Interests of Member. The Interest of the Member in the Company may not be withdrawn from the Company prior to its dissolution. SECTION 10. DISSOLUTION OF THE COMPANY. 10.1 Dissolution of the Company. The Company shall be dissolved upon a written action of the Member or upon the happening of such other events as result in a dissolution of the Company under the Act, provided, however, that the Company shall not be dissolved upon the dissolution or other termination of the legal existence of the Member. In the event of dissolution of the Company, the Company shall commence an orderly winding -down process. The continuing operation of the Company's business shall be confined to those activities reasonably necessary to wind up the Company's affairs, discharge its obligations, and preserve and distribute its assets. 10.2 Distributions in Liquidation. In the event of the dissolution of the Company as provided for in Section 10.1, the proceeds of liquidation of the Company's assets, and any assets that the Member determines are to be distributed in kind, shall be applied as follows: (a) the debts, liabilities and obligations of the Company, other than debts to the Member, and the expenses of liquidation (including legal and accounting expenses incurred in connection therewith), up to and including the date that distribution of the Company's assets to the Member has been completed, shall first be satisfied (whether by payment or by making reasonable provision for payment thereof); (b) such debts as are owing to the Member shall next be paid or provided for; and (c) the remaining proceeds, or assets to be distributed in kind, shall be distributed to the Member. 10.3 Certificate of Cancellation. As soon as possible (but in no event later than 90 days) following the completion of the winding up of the Company, the Member (or any other appropriate representative of the Company) shall execute a certificate of cancellation in the form prescribed by the Act and shall file the same with the office of the Secretary of State of the State of Delaware. 10.4 Liquidating Statement. The Member shall be furnished with a statement that shall set forth the assets and liabilities of the Company as of the date of complete liquidation. 5 SECTION 11. MISCELLANEOUS. 11.1 Member. Amendment. This Agreement may only be amended by a writing executed by the 11.2 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware (without regard to principles of conflict of laws) applicable to contracts made and to be performed therein. 11.3 Severability. Any provision hereof which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. To the extent permitted by applicable law, the parties hereby waive any provision of law which may render any provision hereof void or unenforceable in any respect. 11.4 Headings. The headings and captions in this Agreement are for convenience of reference only and shall not in any way affect the meaning or interpretation of any of the terms or provisions hereof. 11.5 No Third Party Beneficiaries. Except as otherwise provided herein, nothing in this Agreement shall be construed as giving any person other than the parties hereto any right, remedy or claim under or in respect of this Agreement or any provision hereof. (Signature Page Follows) 6 IN WITNESS WHEREOF, the Member has caused this Agreement to be duly executed and delivered as of the date first set forth above. MEMBER: PIVOT ENERGY DEVELOPMENT LLC, a Colorado limited liability company By: Name: Amy Nitl5en Title: Authorized Representative Ai Signature Page to LLC Agreement Pivot Solar 45 LLC N " Pivot Iv" Energy Pivot Energy Inc. — Planning Questionnaire 1. Explain the proposed use and business name. • Pivot Solar 45 LLC and Pivot Solar 55 LLC, c/o Pivot Energy Inc., ("Pivot") is seeking to construct a solar garden in Weld County that is approximately 10 MWac in size on the following parcel: 1053-24-0-00- 008. • The co -located projects will be built on approximately 73 acres. • Pivot Solar 45 LLC will deliver electricity to a local energy consumer via Xcel Energy's "Solar*Rewards Offsite" program. This program is similar to Xcel's "Solar Rewards Community" program but allows for larger power consumers to subscribe to a larger amount of solar. • Pivot Solar 55 LLC will deliver electricity to Xcel Energy for 20 years through the Utility's "Solar*Rewards Community" program. After the program sunsets, Pivot intends to enter into a power purchase agreement with the utility to continue providing clean energy to Weld County between years 20-40, which is the full term of the lease (40 yrs). • The panels are expected to be less than ten feet above grade at their highest point, and Pivot commits to following the Weld County Code for panel height restrictions. The panels will be surrounded by a decorative 8 -foot, National Electric Code -compliant game fence, similar to what the Colorado Department of Transportation ("CDOT") and Colorado Parks and Wildlife ("CPW") use. • The project lease area will include panels and inverters mounted on steel posts/beams, concrete -pad - mounted transformers and other electrical equipment, an access drive with hammerhead emergency turn -around, and aforementioned fencing with gates. • Dual use agrivoltaics —_projects that incorporate agricultural production with energy production — are a priority for Pivot Energy. We proudly own and operate a 100% dual use portfolio, with livestock grazing, cropping, and habitat enhancement configurations that are customized for each solar array. On certain sites, such as Pivot Solar 45 and Pivot Solar 55, the land is not fit for most agricultural options due to a lack of water and surrounding oil and gas. This presents a unique challenge and opportunity, as the lack of water narrows down dual use options. • For sites such as these, soil health and enhanced habitat are excellent options for dual -use. This dual use focus can be achieved in a variety of ways, and Pivot is constantly evolving its methods and approach to meet or exceed the federal definition of agrivoltaics as of June 26, 2024. One potential option for Pivot Solar could be to establish a robust stand of deep-rooted drought resistant grass, with a mix of pollinator -friendly flora. • Soil restoration and improvement is a key element to Pivot Energy's dual use approach, which starts with deep rooted flora establishment. The locally appropriate seed mix will not only provide soil stability, mitigating dust and erosion, but will also provide future grazing opportunities for local shepherds to feed their flocks. The possibility of grazing sheep on these sites further improves soil health, as the manure enriches and vitalizes the soil with nitrogen, phosphorus, potassium and critical micronutrients (calcium, copper, iron, and more). • The solar array will be designed to meet the maximum wind and snow loads applicable in Weld County. In addition, the panels themselves have a manufacturer warranty of at least 25 years. • A contracted Operations and Maintenance ("O&M") crew of one to four people will visit the site up to eight times annually for routine inspections, maintenance, and vegetation control and on an as - needed basis to address equipment outages. There will be no permanent staff on the site, which will be remotely monitored. • Upon the conclusion of the project's useful life, the project owner will remove all project materials pivotenergy.net " Pivot Iv" Energy Pivot Energy Inc. — Planning Questionnaire and return the property to the landowner in the originally leased condition, minus any vegetation and grading. Please reference the attached Decommissioning Plan for more information. 2. Explain the need for the proposed use. • The Weld County Comprehensive Plan states that one of the County's top priorities is preserving landowner rights and creating an environment conducive to local economic growth, all while maintaining the overall well-being of the local population. Specifically, the code plan states "...the goal of the Comprehensive Plan [is] to promote opportunities for County Citizens, while protecting private property rights." • Pivot's ground lease presents an advantageous opportunity for the state to generate additional revenue, which will go toward funding schools in Weld County and across the State. Revenues from this project would far exceed any revenues that would be collected from agricultural leases on the same acreage. The larger parcel currently contains two active solar projects, and four active oil and gas wells. 3. Describe the current and previous use of the land • The property has been used for oil and gas ("O&G") operations. • Pivot has contacted the owner of the O&G operations in the area (Chevron/Noble) and the entity has confirmed that all the O&G pipelines in that area have been removed or plugged and abandoned. 4. Describe the proximity of the proposed use to residences. • There are no residences within 500 feet of the proposed layout. • On November 17, 2023, all abutters to the property were sent a USPS priority mail envelope containing a letter notifying them of the project, addressing frequently asked questions, and providing contact information at Pivot. • In addition, a community meeting was held on December 7th, 2023, at the Kersey Community Center. Invitations were included in the USPS priority mail envelopes, and all neighbors within a 2640 -foot radius were invited to the meeting. No neighbors attended the meeting, and no comments were received via email or phone call. • Since Pivot is only building in the North portion of the parcel 105324000008, the neighbors to the South are not relevant in the buffer report. 5. Describe the surrounding land uses of the site and how the proposed use is compatible with them. • The surrounding land use is oil and gas. • As a low -impact use, solar energy naturally co -exists well oil and gas operations. It produces no sound, light, or traffic, and is an unmanned operation with the exception of 4-8 annual visits by a small maintenance crew (1-2 pickup trucks). Pivot's solar facilities use pollinator -friendly, low growth seed mixes, and blend into the natural landscape. 6. Describe the hours and davc of operation (i.e. Monday thru Friday 8 AM to 5 PM) • During construction, crews will be on -site from approximately 7:00 am - 6:00 pm Monday -Friday. Most vehicles will arrive early in the morning (7:00 to 9:00 am) and will begin departing the construction site around 3:00 pm. • Once constructed, the site will be unmanned but the solar farm will generate electricity during daylight hours each day of the year. • Operations and maintenance crews will be on -site up to eight times annually for up to four hours per visit. 7. Describe the number of employees including full-time, part-time and contractors. If shift work is pivotenergy.net " Pivot Iv" Energy Pivot Energy Inc. — Planning Questionnaire proposed, detail number of employees, schedule and duration if shifts. • During the construction phase, there will be a crew made up of approximately 40 people on site each day. The construction crew will consist of project managers, laborers, electricians, civil contractors, and any other necessary personnel for the project. Once construction is complete, there will be no one on site, other than the O&M crew during their scheduled trips, and potential sheep grazer. 8. Describe the maximum number of users, put' oils, members, buyers or ocher visitors wat the site will accommodate at any one time • The site will not be open to the public. • The gate around the site will be locked and will only be accessible to those constructing the facility or periodically maintaining the facility. The site will also be accessible to life -safety emergency personnel. 9. List the types and maximum numbers of animals to be on the stie at any one time. • Pivot is exploring the use of she 10. List the types, and number of operating and processing equipment. • Not applicable. 11. List the types, number and uses of the existing and proposed structures. • There will not be any structures built onsite. 12. Describe the size of any stockpile, storage, or waste areas: • There will not be any stockpile, storage, or waste areas onsite. 13. Describe the method and time schedule of removal or disposal of debris, junk and other wastes associated with the proposed use • Any debris, junk, or wastes associated with building the project will be removed and disposed of property prior to completion. No waste will be produced once the array is "turned -on" and producing energy. 14. Include a timetable showing the periods of time required for the construction of the operation. • Please reference the Vehicle Trip Generation Table Below. pivotenergy.net " Pivot Iv" Energy Pivot Energy Inc. — Planning Questionnaire Table 1 — Vehicle Trip Generation (Time Project Phase Period) Vehicle Type Estimated Gross Vehicle Weight Number of Vehicles Per Day Maximum and Average Vehicle Trips Per Day Site (approx. Preparation 1-3 weeks) Equipment Trucks Hauling 30.000-65,000 lbs 0-2 0-4 Passenger Vehicles 2.000-10,000 lbs 2-5 4-10 Fuel Delivery 20,000-30,000 lbs 1 Max — 16/Ave - 9 Material and Equipment Delivery (approx. 4-5 weeks) Conex Container and Delivery Trucks 30,000-50,000 lbs 10-30 20-60 Equipment Trucks Hauling 20,000-40,000 lbs 0-8 0-16 Max — 79/Ave - 40 Solar facility Installation (6-7 months) Passenger Vehicles 2.000 to 10,000 lbs 20-30 4O60 Friel Truck 20.000 to 30,000 lbs 1 2 Material Delivery Truck 20.000 to 30,000 lbs 1 2 Max-64/Ave-52 (ongoing Operations once operational) Utility Vehicle 2.000 to 10,000 lbs 1 per month or less Max - 2/Ave - 0 15. Describe the proposed and existing lot surface type and the square footage of each type (i.e. asphalt, gravel, landscaping, dirt, grass, buildings). Disturbance Area (ac) Disturbance Surface Type Disturbance Area (sf) Gravel Access Drive 22.532 0.517 1,200 0.028 Concrete Equipment Pads 1$20 0.044 Class VI Equipment Pads Total 25,652 0.589 The remaining project area will be seeded with a locally appropriate, pollinator friendly seed mix which will decrease the runoff as it is less impervious than row crop. 16. novv rflatly parking spaces are proposed? How many handicap -accessible parking spaces are proposed? • No parking spaces are proposed on -site. This site is not open for public access. 17. Describe the existing and proposed fencing and screening for the site including all parking and outdoor storage areas. • Pivot is proposing to use a decorative game fence to enclose the area as well as low growth, locally appropriate vegetation in between array rows and around the sides of the array. • There will be no on -site outdoor storage areas. 18. Describe the existing and proposed landscaping for the site. • Pivot will be seed under the panels with a locally appropriate, pollinator friendly seed mix. • Pivot is proposing to use a decorative game fence to enclose the area. • No additional landscaping is proposed. pivotenergy.net " Pivot Iv" Energy Pivot Energy Inc. — Planning Questionnaire 19. Describe reclamation and procedures to be employed as stages of the operation are phased out or upon cessation of the Use by Special Review activity. • Once the project has reached the end of its useful life, Pivot or the facility owner will remove all improvements made and either recycle, reuse, or repurpose all materials. The site will be re -seeded with a locally appropriate dryland seed, and the property will be returned to the landowner ready to be developed as is seen fit. • Please reference the attached Decommissioning Plan for more details. 20. Describe the proposed fire protection measure' • Pivot will maintain vegetation under the panels. • Internal roads and setbacks between fence and array have been designed to provide access by emergency vehicles if need be. 21. Explain how this proposal is consistent with the Weld County Comprehensive Plan per Chapter 22 of the Weld County Code • In Section 22-2-10 C, the County Code states that one of its guiding principles is to Promote Economic Growth and Sustainability. This project will last for 20-40 years, bringing the County economic revenue and support. This project will further Weld County's stated goal of encouraging the development of alternative energy sources as a hedge against the volatility of traditional energy sources. • In Section 22-2-60 A, the County Code states the importance of Wildlife in the County. The proposed project will be surrounded by game fencing to ensure no animals are trapped within the project area. Studies of the project area did not reveal any nexus with any protected, threatened, or endangered species or their habitats. In addition, Pivot will work with Colorado Parks and Wildlife to ensure the project meets any necessary requirements. • In Section 22-2-60 B, the County Code states it aims to support responsible energy and mineral development. Solar is an alternative and low -impact energy source that produces no emissions and has limited vehicle traffic once construction is complete. This development will not generate any perceivable noise and therefore complies with this development requirement. 22. txpuain now this proposal is consistent. with the YIicenc of the zone distwrMct in which it is located. (Intent statements can be found at the beginning of each zone district section in Article III of Chapter 23 of the Weld County Code.) • The solar facility will not have any negative effects on the land beneath it. Pivot will seed the ground beneath the solar array with a locally appropriate seed mixture that will help improve the soil. 23. Explain how this proposal will be compatible with future development of the surrounding area or adopted master plans of affected municipalities, • The solar array will use locally appropriate seed mixture that will help maintain high -quality soils for any future use following the life cycle of the array. • Please see the supplemental Decommissioning Plan document for additional information. 24. Explain how this proposal impacts the protection of the health, safety and welfare of the inhabitants of the neighborhood and the County: • The proposed solar array will meet the health, safety, and welfare goals of the County because the array will not produce any odors, fumes, or other emissions. The solar array will serve as a long-term source of clean energy for the County, therefore meeting the goals of maintaining a healthy society. pivotenergy.net " Pivot Iv" Energy Pivot Energy Inc. — Planning Questionnaire 25. Describe any irrigation features. If the proposed use is to be located in the A (Agricultural) Zone District, exp a�n our efforts to conserve prime agricultsirnl I2nd in the lorntionnI decision forte proposed use. • No irrigation features are being proposed in the scope of this project. 26. Explain How this proposal complies with Article V and Article XI of Chapter 23 if the proposal is located within any Overlay Zoning District (Airport, Geologic Hazard, or Historic Townsites Overlay Districts) or a Special Ffinnd Hazard Area identified by maps officially adopted by the county. • This site is not located within any of the above Overlay Zoning Districts. The Northwest section of the parcel is located within a floodplain, but Pivot will be avoiding that section during construction. Therefore, a floodplain development permit will not be required. 27. Detail known State or Federal permits required for your proposed use(s) and the status of each permit. Provide a copy of any application or permit. • There are no State or Federal permits associated with the project besides state electrical permit and state Storm Water Pollution Prevention Plan (SWPP), which will be complete prior to submission of building permit. pivotenergy.net Pivot Solar 45 LLC and Pivot Solar 55 LLC— Development " Pivot Review Questionnaire a--:ne Energy 1. Describe the access location and applicable use types (i.e., agricultural, residential, commercial/industrial, and/or oil and gas) of all existing and proposed accesses to the parcel. Include the approximate distance each access is (or will be if proposed) from an intersecting county road. State that no existing access is present or that no new access is proposed, if applicable. • The proposed access will be located off of the Northeastern side of the parcel. It will likely follow the pre-existing oil & gas roads in the area, approximately 1,500 feet from the intersection of CR 44 and CR 57. 2. Describe any anticipated change(s) to an existing access, if applicable • There are no anticipated changes to the existing accesses. 3. Desrrdh9 n detail any existing or propnced access gate including itc !ncation. • An access gate will be located at the entrance of the fenced area. This access gate will be locked and not accessible by the public. This gate will be accessible to emergency vehicles and operators. 4. Describe the location of all existing accesses on adjacent parcels and on parcels located on the opposite side of the road. Include the approximate distance each access is from an intersecting County Road. • There are multiple existing accesses from oil & gas on the property and nearby properties near CR 44 and CR 57. 5. Describe any difficulties seeing oncoming traffic from an existing access and any anticipated difficulties seeing oncoming traffic from a proposed nrrecs • There are no anticipated visual difficulties seeing oncoming traffic from the proposed access point. 6. Describe any horizontal curve (using terms like mild curve, shar curve, reverse curve, etc.) in the vicinity of an existing or proposed access.. • Please reference traffic impact study included herein. 7. Describe the topography (using terms like flat, slight hills, steep hills, etc.) of the road in the vicinity of an existing or proposed access. • The site has hilly topography, but the entrance road is flat before entering the parcel. pivotenergy.net " Pivot Iv" Energy Pivot Energy Inc.- Environmental Health Questionnaire 1. Discuss the existing and proposed potable water source. If utilizing a drinking water well, include either the well permit or well permit application that was submitted to the State Division of Water Resources. If utilizing a public water tap, include a letter from the Water District, a tap or meter number, or a copy of the water bill • No permanent potable water source is planned for the site. Bottled water will be provided during construction. 2. Discuss the existing and proposed sewage disposal system. What type of sewage disposal system is on the property? If utilizing an existing on -site wastewater treatment system, provide the on -site wastewater treatment permit number. (If there is no on -site wastewater treatment permit due to the age of the existing on -site wastewater treatment system, apply for a on -site wastewater treatment permit through the Department of Public Health and Environment prior to submitting this application.) If a new on -site wastewater treatment system will be installed, please state "a new on -site wastewater treatment system is proposed." (Only propose portable toilets if the use is consistent with the Department of Public Health and Fr,vironment's port He tnHHet policy.) • No septic or sewage disposal is proposed to be on site. • Portable toilets and bottled water will be provided during construction. 3. If storage or warehousing is proposed, what type of items will be stored? • No storage or warehousing is proposed to be on site. 4. Describe where and how storage and/or stockpile of wastes, chemicals, and/or petroleum will occur on the site, • No storage and/or stockpile of wastes, chemicals, or petroleum will take place onsite. 5. If there will be fuel storage on site, indicate the gallons and the secondary containment. State the number of tanks and gallons per tank: • There will not be any fuel storage on site. 6. If here will be washing of vehicles or equipment on site, indicate how the wash water will be contained. • No vehicle washing will take place. 7. If there will be floor drains, indicate how the fluids will be contained. • No floor drains will be built. The site will contain its runoff the same was as before. The panels do not increase the impervious surface of the site. 8. Indicate if there will be any air emissioi is • The solar array will not release any air emissions. 9. Provide a design and operations plan if applicable. • N/A 10. Provide a nuisance management plan if applicable. • N/A 11. Additional information may be requested depending on type of land use requested. • Noted. pivotenergy.net � •i y. 7 Pivot S_fr Energy Pivot Energy Inc. — Alternatives Statement Pivot has researched alternatives to the proposed location, and it has been adequately assessed that the proposed site is the best location for the solar facility. Many other sites in Weld County have been assessed, as well as other locations throughout the state of Colorado. The site was chosen due to some of the following important factors: - The site's proximity to Xcel Energy distribution infrastructure. - Flat topography. - No geotechnical constraints noted on the site (as of now). - Landowner interest and participation to host a solar facility on their land. pivotenergy.net �1►��'-� Pivot ��► Energy Pivot Energy Inc. - Construction Impacts 1. Haul route map showing a minimum of one (1) mile traveled road and must include a connection to a paved, publicly-ma1nta1n9d maid • Please see traffic letter in packet. 2. Agreement to mitigate construction traffic impacts to the area surrounding the proposed SEF. • Applicant agrees to mitigate construction impacts. 3. Describe what impacts construction of the project will have upon transportation patterns in the area intended to be served or affected by the proposal. • During construction, crews will be on -site from approximately 7:00 am - 6:00 pm Monday -Friday. Most vehicles will arrive early in the morning (7:00 to 9:00 am) and will begin departing the construction site around 3:00 pm. • Once constructed, the site will be unmanned but the solar farm will generate electricity during daylight hours each day of the year. • Operations and maintenance crews will be on -site up to eight times annually for up to four hours per visit. • Please reference the Vehicle Trip Generation Table Below. Table 1 - Vehicle Trip Generation Protect Phase Time Period) Vehicle Type Estimated Gross Vehicle Weight Plumber Of Vehicles Per Day Maximum and Average Vehicle Trips Per Day Site Preparation (approx. 1.3 weeks) Egli-poi/en' Haul' rig Trucks 30,000-6:51_ ;, It,_ 0-2 "-:l Passenger Vehicles 2,000-10,000 UM 2-'_ 4-10 Fuel Delivery 20,000-30,000 lbs 1 2 Max -16I'Ave-9 i Material and Equipment Delivery (approx. 4-5 weeks) Canex. Container and Delivery Trucks 30,000-50,000 tb's 10-38 20-60 Equipment Hauling Trucks 20,000-40,000 lbs 0-8 0-16 Max-79lAve - 40 Solar facility installation (6-? months) Passenger Vehicles V 2,000 to 10,000 lbs 20-30 r 40-60 Fuel Truck 20,040 to 30,000 lbs 1 2 Material Delivery Truck 20,000 to 30.000 lbs 1 .2 Max — 64#Ave - 52 Operations (ongoing once operationalp Utility Vehicle 2,004 to 10,000 lbs 1 per month or less Max - 2/Ave 10 4. Describe the potential construction impact on roads within the County. • Please reference Vehicle Trip Generation Table above. S. Identify improvements required to any roads within the County in order to serve the project adequately • Proposed change will be to improve the existing access route to and from the site (between public ROW and lease area) with gravel aggregate to accommodate emergency services. • No improvements to public roads will be necessary to complete the project. pivotenergy.net � Pivot fr Energy Pivot Energy Inc. — Decommissioning Plan Weld County requires that Pivot Solar 45 LLC and Pivot Solar 55 LLC, c/o Pivot Energy Inc., ("Pivot") submits a Decommissioning plan to the Department of Planning Services as part of the final administrative review and approval process for a Solar Generation facility. Our estimate of the decommissioning costs is $22,500 per MW, that will total approximately $225,000 for this project. The useful life of the solar facility is expected to be at least 20 -years. At the end of the project's useful life, Pivot will suspend operations and decommission the plant, which will include any necessary demolition, removal of above and below ground equipment, and site reclamation efforts. Pivot's obligation under the Solar Lease Agreement is to return the site to the landowner in substantially the same condition that the property was in prior to the improvements being made. This document establishes a detailed plan for decommissioning and reclamation activities once the project reaches the end of its useful life. The proposed activities will likely need to be refined throughout the project's life to reflect future best practices of the solar industry. Pivot has assumed the planning process will be initiated one to two years prior to the anticipated end of commercial operation. The final plans will be developed in consultation with Weld County and any other applicable agencies that have jurisdiction of activities in the decommissioning process. 1. Decommissioning Project Elements and Milestones The key tasks of project decommissioning are divided into related activities that represent milestones in the process. Each activity is described in further detail below. The decommissioning schedule reflects the conceptual timing of the milestones and overall process. The individual project components to be decommissioned will either be 1) recycled or reused to the maximum extent practicable, or 2) removed from the site and disposed of at an appropriately licensed disposal facility. The general decommissioning approach will be the same whether a portion of, or the entire Project is decommissioned. The activities involved in the facility closure will depend on the expected future use of the site. Certain facility equipment and features may be left in place at the property owner's request, such as transmission facilities, roads, and drainage features. At the time of decommissioning, a plan will be submitted to the County proposing the equipment that will be removed and, if applicable, equipment that will remain, based on expected future use of the site. Pre -closure activities include final closure and reclamation planning, which identifies measures to be taken to restore the site to near pre -construction conditions. This includes but is not limited to the following: • Complete an analysis of the project materials and their composition to identify those specific components that may be recycled, re -used, scrapped, or sent to disposal sites; as well as identifying specific recycling facilities and disposal sites for materials. • Coordinate with local officials to obtain permits and develop plans for the transportation of materials and equipment to and from the site. • Develop specifications for demolition and reclamation, which will serve as the basis for contractor bids for decommissioning the project and establish the scope of demolition and reclamation, including developing reclamation plans in compliance with local, state, and federal regulations. pivotenergy.net � Pivot fr Energy Pivot Energy Inc. — Decommissioning Plan During the planning process Pivot will brief the County and other applicable agencies on the decommissioning process and plans. All necessary permits and approvals required for the decommissioning will be obtained prior to commencing operations. The first step in the decommissioning process will be assessing existing site conditions and preparing the site for demolition. Site decommissioning and equipment removal is expected to take up to one year. Therefore, access roads, fencing, some electrical power, and other facilities will temporarily remain in place for use by the decommissioning workers until no longer needed. Demolition debris will be placed in temporary onsite storage areas pending final transportation and disposal and/or recycling according to the procedures listed below. A plan will be implemented for de -energizing portions of the facility to allow safe decommissioning and formal lock out and tag out procedures. This will ensure all electrical components are placed and maintained in a safe condition for demolition activities prior to the start of work. PV Module and Tracker Removal and Recycling During decommissioning, project components that are no longer needed will be removed from the site and recycled, reused or disposed of at an appropriately licensed disposal facility. The first operation is to disconnect and remove modules from the tracker assemblies. Next, the tracker and mounting structures, DC wiring materials, and combiner boxes will all be assembled and segregated for disposal or salvage. Steel piles that support the PV racking system will be removed and either re- used or recycled to the maximum amount possible. Below ground portions of the supports will either be removed or cut off at least two feet below ground surface and left in place. The demolition debris and removed equipment will be safely removed from the premises and transported to an appropriately licensed disposal facility or recycling center. Photovoltaic modules will either be re -used, recycled or disposed of in accordance with applicable laws at the time of decommissioning. Roads Onsite access roads will remain in place during the decommissioning process. The roads may remain intact after decommissioning if the property owner deems them beneficial for the future use of the site. Roads that will not be used after the solar project's decommissioning will be removed at the end of the process. Fencing Project site perimeter fencing will be removed at the end of the decommissioning project, unless it may be utilized for future use of the site and the property owner requests the fence remain in place. This includes the removal of all posts, fencing material, gates, etc. to return the site to pre -project condition. Transportation and Clean up During the disassembly and demolition process, materials will be segregated and temporarily placed in gathering areas for transportation. Various materials including, but not limited to, concrete, steel, aluminum, and copper will be temporarily stockpiled at or near a designated processing location pending transport to an appropriate offsite recycling facility. All such materials will then be transported from the site to approved designated facilities for recycling, scrapping or disposal. All metals will be recycled to the extent practical given the recycling options available at the time of decommissioning. pivotenergy.net � Pivot fr Energy Pivot Energy Inc. — Decommissioning Plan In general, the decommissioning will be undertaken using traditional heavy construction equipment including, but not limited to, front end loaders, cranes, track mounted and rubber -tired excavators, bull dozers, and scrapers. Areas where excavation is required will be backfilled with natural material and compacted. Any voids left from the removal of foundations will be backfilled with surrounding subsoil and topsoil and fine graded to ensure suitable drainage and reclamation of natural grades. Soil management and re -contouring operations will be conducted to minimize the surface area disturbance and implement the activities in the safest and most efficient manner and in accordance with applicable local requirements. Major earthwork is not anticipated as construction of the site will not alter the general grade across the site. To account for post -decommissioning dust control, areas of exposed soils will be revegetated, consistent with the expected future use of the site and State or County requirements. The native dry grass vegetation will be re- established to prevent the spread of weeds. Mulching or palliatives may be used for temporary dust control until vegetation is established. Monitoring Site Restoration Upon completion of the decommissioning process, a one-year restoration monitoring period will begin. Monitoring will ensure that grading and drainage implemented is successful in stabilizing water flow patterns and that the cover vegetation (native dry grass vegetation or other depending on land use) will be reestablished to prevent the spread of weeds. Corrective actions will be implemented if such monitoring determines adverse conditions are present because of an inadequate restoration. 2. Decommissioning/Reclamation Cost Estimates Pivot commits to working together with the County to update the cost estimates every five years from the establishment and submittal of the security bond. The cost estimates will include all costs associated with the dismantling, recycling, and safe disposal of facility parts and site reclamation activates and consider the salvage value of the facility. Initial cost estimate (2022): Fencing $6,750 Structures $92,250 Modules $67,500 Electrical $33,750 Site Restoration $24,750 Total $225,000 The scope includes: • Electrical permit fees • Removal and disposal of wildlife -friendly game fence • Removal of racking and foundations pivotenergy.net � Pivot fr Energy Pivot Energy Inc. — Decommissioning Plan • Removal of modules • Removal of electrical equipment (transformers, pads, etc.) • Removal of electrical DC string wiring and AC underground wiring • Site restoration and reclamation • Waste disposal fees • Temporary restrooms and necessary facilities for workers • Safety and protection equipment pivotenergy.net Pivot Energy Pivot Energy Inc. — Development Standards Statement The statement shall demonstrate how the proposed facility complies with the following development standards for Solar Energy Facilities: 1. Height limitation. Ground -mounted solar collectors shall not exceed twenty-five (25) feet in height, measured from the highest grade below each solar panel to the highest extent of the solar panel rotation. The ground -mounted solar facility will not exceed 25 feet in height, as measured from the highest grade below each solar panel to the highest extent of the solar panel rotation. 2. Glare. Concentrated solar glare from solar collectors shall not be directed toward or onto nearby properties or roadways at any time of the day. A glare study using ForgeSolar has determined that there are no glare concerns with the proposed project in the desired location. 3. Setbacks. The improved area shall conform to the setback requirements of the underlying zone. Additionally, the improved area must be at least five hundred (500) feet from existing residential buildings and residential lots of a platted subdivision or planned unit development. The residential setback requirement may be reduced if appropriate screening through landscape or an opaque fence is installed, or upon submittal to Weld County of a waiver or informed consent signed by the residence owner agreeing to the lesser setback. If landscaping or opaque fencing is substituted for setback, a landscaping plan or fencing plan shall first be submitted to and approved by the Department of Planning Services. Pivot acknowledges the Agricultural zone requirements. The improved area will be at least 500 feet from existing residential buildings and residential lots of a platted subdivision or planned unit development. 4. Dust mitigation. The operators of the 5 ACRE SEF shall continuously employ the practices for control of fugitive dust detailed in their dust mitigation plan submitted as required by Subsection B.2., above. Please see the attached Dust and Weed Mitigation Plan that lays out the employment of practices for control of fugitive dust. 5. Underground cables. All electrical cables on the improved area shall be buried, except for direct current string wires that connect between solar collectors, direct current collection circuits between rows of solar arrays that are no more than four (4) feet above grade crossings, substations, switchyards, and circuit voltages greater than 34.5 kilovolts pivotenergy.net Pivot Energy Pivot Energy Inc. — Development Standards Statement (where necessary). Our DC circuits will be mostly in above ground CAB which typically is 42" above grade (minimum). Our low voltage AC circuits will all be buried but, as of now, our plan is to have our medium voltage interconnection equipment on overhead poles. 6. Fencing. The 5 ACRE SEF shall be enclosed with a security fence as approved pursuant to a fencing plan submitted to the Department of Planning Services. Appropriate signage shall be placed upon such fencing that warns the public of the high voltage therein. The solar facility will be surrounded by an 8 -foot decorative game fence. Please see the Landscape and Fencing plan for additional information. 7. Stormwater management. The Operator of the 5 ACRE SEF shall submit a drainage report to comply with required Storm Drainage Criteria pursuant to Chapter 8, Article XI of this Code. Additional requirements for Municipal Separate Storm Sewer System (MS4) areas may be applicable pursuant to Chapter 8, Article IX of this Code. Ground -mounted solar collector systems shall be exempt from impervious surface calculations if the soil under the collectors is designated hydrologic A or B soil groups by the Natural Resources Conservation Service (NRCS). Please see the Drainage Report that has been submitted as part of the initial application for additional information. 8. Access permit. Prior to construction of the 5 ACRE SEF, the applicant shall apply for and obtain an approved Access Permit from the Weld County Department of Public Works, pursuant to the provisions of Article XIV of Chapter 8 of this Code. If required, Pivot will apply for and obtain an Access Permit from Weld County Public Works prior to construction. 9. Existing irrigation systems. The nature and location or expansion of the SEF must not unreasonably interfere with any irrigation systems on or adjacent to the solar facility. The proposed SEF will not unreasonably interfere with any irrigation systems on or adjacent to the solar facility. pivotenergy.net National Flood Hazard Layer FIRMette FEMA Legend 104°30'44"W 40°18'26"N 104°30'6"W 40°17'58"N 0 250 500 1,000 1,500 Feet 2,000 1:6,000 SEE FIS REPORT FOR DETAILED LEGEND AND INDEX MAP FOR FIRM PANEL LAYOUT SPECIAL FLOOD HAZARD AREAS Without Base Flood Elevation (BFE) Zone 4, V. 499 With BFE or Depth Zone AE, 40, AN, VF, AR Regulatory Floodway OTHER AREAS OF FLOOD HAZARD OTHER AREAS GENERAL STRUCTURES OTHER FEATURES MAP PANELS CD O.2% Annual Chance Flood Hazard, Areas of 1% annual chance flood with average depth less than one foot or with drainage areas of less than one square mile Future Conditions 1% Annual Chance Flood Hazard zone x Area with Reduced Flood Risk due to Levee. See Notes. Zone X Area with Flood Risk due to Levee Zone D NO SCREEN Area of Minimal Flood Hazard zone x Effective LOM Rs Area of Undetermined Flood Hazard Zone D - Channel, Culvert, or Storm Sewer milli Levee, Dike, or Floodwall 20.2 Cross Sections with 1% Annual Chance 1765 Water Surface Elevation 8 - - - - Coastal Transect sp"-#.59v.m. Base Flood Elevation Line (BFE) Limit of Study Jurisdiction Boundary - - Coastal Transect Baseline - - - - Profile Baseline Hydrographic Feature Digital Data Available No Digital Data Available Unmapped The pin displayed on the map is an approximate point selected by the user and does not represent an authoritative property location. This map complies with FEMA's standards for the use of digital flood maps if it is not void as described below. The basemap shown complies with FEMA's basemap accuracy standards The flood hazard information is derived directly from the authoritative NFHL web services provided by FEMA. This map was exported on 2/6/2024 at 3:09 PM and does not reflect changes or amendments subsequent to this date and time. The NFHL and effective information may change or become superseded by new data over time. This map image is void if the one or more of the following map elements do not appear: basemap imagery, flood zone labels, legend, scale bar, map creation date, community identifiers, FIRM panel number, and FIRM effective date. Map images for unmapped and unmodernized areas cannot be used for regulatory purposes. Basemap imagery Source: USGS National Map 2023 1 ENERTIA CONSULTING GROUP LLC July 15, 2024 Weld County Planning and Building Department 1555 N 17th Ave Greeley, CO 80631 RE: Drainage Narrative Pivot Solar Energy Solar Facility on the Box Elder Parcel 28496 Weld County Road 44, Weld County To whom it may concern: 1515 Market Street Denver, CO 80202 (609) 234-5502 rick.hagmayer@enertiacg.com This drainage narrative is intended to provide Weld County with drainage and land disturbance information related to two proposed solar facilities, 72.42 acres total, identified as Pivot Energy Solar Facilities 45 & 55 on the Box Elder Parcel (Project). The Project will be designed and will be constructed and maintained in a manner that minimizes storm water related impacts, in accordance with 2020 Weld County Engineering and Construction criteria. P roject Specific Information P roject Name, Property Address and Weld County Parcel No. P ivot Energy Solar Facility on the Box Elder Parcel, Parcel No. 105324000008 Developer/Owner P ivot Energy, 1601 Wewatta, Suite 700, Denver, CO 80202 P ite/Civil Engineer Enertia Consulting Group, LLC, 1515 Market Street, Denver, CO 80202 P roject Location and Description The Project will consist of up to two 5 MW solar facilities located on approximately 72.42 acres of undeveloped land within an approximately 640 acre parcel; and within Southeast 1/4 of Section 11, Township 6 North, Range 65 West of the 6th P.M., Weld County, Colorado. The Project site is bounded by aricultural land to the west, WCR 42 to the south, undeveloped land to the east, and WCR 44 to the north. P roject components include: up to two 5 MW solar facilities with approximately 10000 solar panels mounted on steel H -piles; concrete equipment pads; 16' gravel access driveways with emergency turn- arounds; and perimeter fences with access gates. With the exception of a gravel driveways and concrete pads for transformers and inverters, the remainder of the solar facility will not require clearing/grubbing of existing vegetation and grading unless required to prevent shading of the solar array. Weld County Planning and Building Department Page 2 of 5 Land Disturbance and Drainage Information Existing Ground Surface Conditions, Drainage Patterns and Imperviousness The 72.42 acre solar facility project area may be characterized as undeveloped agricultural land. The applicable FIRM Map (No. 08123C1775E), included in Appendix A, indicates that the Project site is located in a Zone x floodplain which is an area of minimal flood hazard. Based on NRCS soils data (also included in Appendix A), the site soils are identified as Loamy Sand classified as Hydrologic Soil Group A . As shown on Figure 1 in Appendix A, the site ground surface generally slopes at an average of 1-3 percent from south to north of the Project site. In general, storm water is conveyed across the Project area toward the northern boundary. Land Disturbance Activities The site improvements considered as land disturbance activities include installation of: (i) all-weather gravel surface driveway, (ii) concrete equipment pads, and (iii) Class VI equipment pads: (i) Gravel Access Drive — Two all-weather gravel surface access drives will extend from existing an existing oilfield access road. Given the site soils, a 12 -inch -thick gravel Class VI base surface (consistent with similar solar facility access drives within Weld County) is proposed. This depth of gravel over compacted subgrade is sufficient to provide routine and emergency access to the Project. (ii) Concrete Equipment Pads — Concrete equipment pads will be installed beneath inverters and transformers and other electrical equipment as required with the development. The pads will be at least 8 -inches thick with reinforcing steel. (iii) Class VI Equipment Pads — Class VI road base equipment pads will be installed beneath other electrical equipment as required with the development. The pads will be at least 12 - inches thick over compacted subgrade. Lastly, components of the 72.42 acre solar facilities will include two phases, each including 10000 solar panels placed on steel H -piles driven into the ground. Since the solar panels will be tracking panels (rotate through the day to track the path of the sun), the ground surface vegetation beneath the panels will continue to grow. Some minimal grubbing may be necessary to prepare the site with planned native seed mixes. Onsite conditions at the time of seeding will dictate necessity of such methods. The purpose of the seeding is to increase the density of native vegetation; therefore, the grubbing is not considered land disturbance (if it is necessary). Since the layout is unknown at this time, an approximation of anticipated imperviousness from the access drive has been assumed. Land Disturbance Area A total of approximately 25652 sf or 0.59 acres of the Project area is anticipated to be disturbed. The total disturbance numbers are summed in the following table. Weld County Planning and Building Department Page 3 of 5 Disturbance Surface Type Disturbance Area (sf) Disturbance Area (ac) Gravel Access Drive 22,532 0.517 Concrete Equipment Pads 1,200 0.028 Class VI Equipment Pads 1,920 0.044 Total 25,652 10.589 Hydrologic Design Criteria The following table includes hydrologic design criteria used in this analysis. ParameterValueUnitReference Time of Concentration, Tc 25.6 min. MHFD Rational Peak Method Runoff (Appendix Prediction A) by the Runoff Coefficient, C 0.13 MHFD Table Criteria 6-4 Manual, Chapter 6, 1 -hr Point Rainfall, P1 (100 -Year) .4.71 inches NOAA Rainfall Data (Appendix A) Storm Runoff, Q (100-YR) 43.72 cfs Q = CIA Basin Conditions The footprint of the solar facility and access drive along with the areas delineated by oil setbacks is considered to be the subject drainage area under both existing and proposed conditions. The existing condition basin (identified as basin X1 on Figure 1) was analyzed to calculate the peak runoff for the design storm using an imperviousness percentage of 2%. This percentage is based on the soil type and existing conditions of the site. The proposed condition basin (identified as basin Al on Figure 1) was analyzed to calculate the peak runoff for the design storm using an impervious percentage of 2.33%. This percentage is based on the majority of the site remaining as 2% impervious, 0.52 acres changing to 40% impervious (access drive area), 0.03 acres changing to 100% impervious (concrete pad area), and 0.04 acres changing to 40% impervious (Class VI pad area). It should be noted that the tracking solar panels are not classified as ground surface because precipitation falling on the solar panels will shed onto the undisturbed vegetated surface below. Stormwater Runoff The stormwater runoff for existing and proposed conditions is calculated based on the Rational Method. The 100 -year, 1 -hour storm event was analyzed for basins Al and X1. The flow path for the basins is generally from south to north on the Project site. The average ground surface slope along the flow path is 2.5%. The time of concentration to this point was calculated using MHFD equations are summarized below and can be found on the MHFD Peak Runoff Prediction by the Rational Method form in Appendix A. The Runoff Coefficients are also included in the MHFD Peak Runoff Prediction by the Rational Method and are summarized below. Weld County Planning and Building Department Page 4 of 5 Basin Time of Concentration (min) Runoff Coefficients (C100) X1 25.66 0.13 Al 25.60 0.13 The precipitation data used for the 100 -year, 1 -hour storm event is based on NOAA rainfall data from the Project site and is included in Appendix A. Per the Basin Runoff Calculation (MHFD Peak Runoff P rediction by the Rational Method) included in Appendix A the 100 -year runoff flows are as follows: Basin Q100 (cfs) X1 42.79 Al 43.72 Net 0.93 U nder developed conditions, runoff will follow existing drainage patterns and will not significantly increase peak flows (increase from 42.79 cfs to 43.72 cfs). Detention Exemption It is understood solar facilities developed within Type A and/or Type B soils are exempt from the requirement to provide detention per Sec. 8-11-40 (I). This solar facility falls within Type A and/or B soils as shown on the soil survey included in this report. S ummary The following list summarizes key components of the Project and findings related to land disturbance and storm water impacts. 1. Installation of the solar facility will temporarily disturb the ground surface within the 72.42 acre project area but won't require clearing and grubbing of vegetation or grading, except for concrete equipment pad and gravel access drive installation. 2. Grubbing may be required to provide appropriate conditions for seeding. It is intended for the vegetation throughout the site to be improved as a result, therefore is not considered land disturbance. 3. The areas considered impervious (1200 SF of 100% impervious concrete pads) or semi - impervious (22532 SF of 40% impervious gravel access drive and 1920 sf of 40 sf Class VI pads) total 0.59 acres, or 0.81% of the 72.42 acre solar facility area. 4. Under existing conditions, the peak flow originating from the solar facility area for the 100 yr — 1 hr storm event is 42.79 cfs. 5. Under developed conditions, the peak flow originating from the solar facility area for the 100 yr - 1 hr storm event is 43.72 cfs. 6. The solar facility is located within well -draining Type A/B soils; therefore detention is not required due to anticipated onsite infiltration. Weld County Planning and Building Department Page 5 of 5 7. Since the land disturbance is less than 1 acre, a CDPS storm water certificate issued by CDPHE is not required for this Project. 8. Installation and operation of the solar facility is not expected to impact existing drainage patterns or flow rates on or around the Project site. Runoff water quality will not be impacted by the solar facility components. 9. The Project design will adequately protect public health, safety and general welfare and have no adverse effects on offsite properties. We trust that the information provided is acceptable and complete. Please let me know if you have any questions or require additional information. Please contact me at rick.hagmayer@enertiacg.com or (609) 234-5502 should you require additional information. Sincerely, 1'" I r -F %T1 A I %I %" 1 r1' II -T-I "'G GROUP, LLC Senior Project Manager attachment National Flood Hazard Layer FIRMette FEMA Legend 104°30'34"W 40°1$'21"N 104°29'56"W 40°17'53"N T 41 P.EAW. 314 0 250 500 =08.0266 AREA OF iviiurMALFLOOD1 HAZARD '0siz3c11 hE eft 1/20/2016 1,000 1,500 Feet 2,000 1:6,000 SEE FIS REPORT FOR DETAILED LEGEND AND INDEX MAP FOR FIRM PANEL LAYOUT SPECIAL FLOOD HAZARD AREAS Without Base Flood Elevation (BFE) Zone 4, V. 499 With BFE or Depth Zone AE, A0, AH, VE, AR Regulatory Floodway OTHER AREAS OF FLOOD HAZARD OTHER AREAS GENERAL STRUCTURES OTHER FEATURES MAP PANELS CD 0.2% Annual Chance Flood Hazard, Areas of 1% annual chance flood with average depth less than one foot or with drainage areas of less than one square mile Future Conditions 1% Annual Chance Flood Hazard Area with Reduced Flood Risk due to Levee. See Notes. Zone X Area with Flood Risk due to Leveezone D NO SCREEN Area of Minimal Flood Hazard zonex Effective LOM Rs Area of Undetermined Flood Hazard zone D - Channel, Culvert, or Storm Sewer milli Levee, Dike, or Floodwall 20.2 Cross Sections with 1% Annual Chance 17'5 Water Surface Elevation 8 - - - - Coastal Transect va Base Flood Elevation Line (BFE) Limit of Study Jurisdiction Boundary - - - - Coastal Transect Baseline - - - - Profile Baseline Hydrographic Feature Digital Data Available No Digital Data Available Unmapped The pin displayed on the map is an approximate point selected by the user and does not represent an authoritative property location. This map complies with FEMA's standards for the use of digital flood maps if it is not void as described below. The basemap shown complies with FEMA's basemap accuracy standards The flood hazard information is derived directly from the authoritative NFHL web services provided by FEMA. This map was exported on 6/26/2024 at 11:33 AM and does not reflect changes or amendments subsequent to this date and time. The NFHL and effective information may change or become superseded by new data over time. This map image is void if the one or more of the following map elements do not appear: basemap imagery, flood zone labels, legend, scale bar, map creation date, community identifiers, FIRM panel number, and FIRM effective date. Map images for unmapped and unmodernized areas cannot be used for regulatory purposes. Basemap imagery Source: USGS National Map 2023 USDA United States a— Department of Agriculture Natural Resources Conservation Service A product of the National Cooperative Soil Survey, a joint effort of the United States Department of Agriculture and other Federal agencies, State agencies including the Agricultural Experiment Stations, and local participants Custom Soil Resource Report for Weld County, Colorado, Southern Part June 25, 2024 Preface Soil surveys contain information that affects land use planning in survey areas. They highlight soil limitations that affect various land uses and provide information about the properties of the soils in the survey areas. Soil surveys are designed for many different users, including farmers, ranchers, foresters, agronomists, urban planners, community officials, engineers, developers, builders, and home buyers. Also, conservationists, teachers, students, and specialists in recreation, waste disposal, and pollution control can use the surveys to help them understand, protect, or enhance the environment. Various land use regulations of Federal, State, and local governments may impose special restrictions on land use or land treatment. Soil surveys identify soil properties that are used in making various land use or land treatment decisions. The information is intended to help the land users identify and reduce the effects of soil limitations on various land uses. The landowner or user is responsible for identifying and complying with existing laws and regulations. Although soil survey information can be used for general farm, local, and wider area planning, onsite investigation is needed to supplement this information in some cases. Examples include soil quality assessments (http://www.nrcs.usda.gov/wps/ portal/nrcs/main/soils/health/) and certain conservation and engineering applications. For more detailed information, contact your local USDA Service Center (https://offices.sc.egov.usda.gov/locator/app?agency=nrcs) or your NRCS State Soil Scientist (http://www.nres.usda.gov/wps/portal/nres/detail/soils/contactus/? cid=nres142p2_053951). Great differences in soil properties can occur within short distances. Some soils are seasonally wet or subject to flooding. Some are too unstable to be used as a foundation for buildings or roads. Clayey or wet soils are poorly suited to use as septic tank absorption fields. A high water table makes a soil poorly suited to basements or underground installations. The National Cooperative Soil Survey is a joint effort of the United States Department of Agriculture and other Federal agencies, State agencies including the Agricultural Experiment Stations, and local agencies. The Natural Resources Conservation Service (NRCS) has leadership for the Federal part of the National Cooperative Soil Survey. Information about soils is updated periodically. Updated information is available through the NRCS Web Soil Survey, the site for official soil survey information. The U.S. Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or a part of an individual's income is derived from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with disabilities who require 2 alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA's TARGET Center at (202) 720-2600 (voice and TDD). To file a complaint of discrimination, write to USDA, Director, Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410 or call (800) 795-3272 (voice) or (202) 720-6382 (TDD). USDA is an equal opportunity provider and employer. 3 Contents Preface 2 Soil Map 5 Soil Map 6 Legend 7 Map Unit Legend 8 Map Unit Descriptions 8 Weld County, Colorado, Southern Part 10 25 Haverson loam, 0 to 1 percent slopes 10 45 Olney loamy sand, 3 to 5 percent slopes 11 49 Osgood sand, 0 to 3 percent slopes 12 70 Valent sand, 3 to 9 percent slopes 13 73 Vona loamy sand, 3 to 5 percent slopes 15 4 Soil Map The soil map section includes the soil map for the defined area of interest, a list of soil map units on the map and extent of each map unit, and cartographic symbols displayed on the map. Also presented are various metadata about data used to produce the map, and a description of each soil map unit. 5 Custom Soil Resource Report MAP LEGEND MAP INFORMATION Area of Interest (AO') Area of Interest (AO') Soils 4 O Soil Map Unit Polygons Soil Map Unit Lines Soil Map Unit Points Special Point Features Blowout Borrow Pit Clay Spot Closed Depression Gravel Pit Gravelly Spot Landfill Lava Flow Marsh or swamp Mine or Quarry Miscellaneous Water Perennial Water Rock Outcrop Saline Spot Sandy Spot Severely Eroded Spot Sinkhole Slide or Slip Sodic Spot a Spoil Area Stony Spot Very Stony Spot Wet Spot Other Special Line Features Water Features Streams and Canals Transportation Rails Interstate Highways US Routes Major Roads Local Roads Background Aerial Photography The soil surveys that comprise your AOI were mapped at 1:24,000. Warning: Soil Map may not be valid at this scale. Enlargement of maps beyond the scale of mapping can cause misunderstanding of the detail of mapping and accuracy of soil line placement. The maps do not show the small areas of contrasting soils that could have been shown at a more detailed scale. Please rely on the bar scale on each map sheet for map measurements. Source of Map: Natural Resources Conservation Service Web Soil Survey URL: Coordinate System: Web Mercator (EPSG:3857) Maps from the Web Soil Survey are based on the Web Mercator projection, which preserves direction and shape but distorts distance and area. A projection that preserves area, such as the Albers equal-area conic projection, should be used if more accurate calculations of distance or area are required. This product is generated from the USDA-NRCS certified data as of the version date(s) listed below. Soil Survey Area: Weld County, Colorado, Southern Part Survey Area Data: Version 22, Aug 24, 2023 Soil map units are labeled (as space allows) for map scales 1:50,000 or larger. Date(s) aerial images were photographed: Jun 8, 2021 Jun 12, 2021 The orthophoto or other base map on which the soil lines were compiled and digitized probably differs from the background imagery displayed on these maps. As a result, some minor shifting of map unit boundaries may be evident. 7 Custom Soil Resource Report Map Unit Legend Map Unit Symbol Map Unit Name Acres in AOI Percent of AOI 25 Haverson loam, 0 to 1 slopes percent 8.0 1.8% 45 Olney loamy percent slopes sand, 3 to 5 2.0 0.4% 49 Osgood slopes sand, 0 to 3 percent 43.0 9.8% 70 Valent sand, slopes 3 to 9 percent 374.2 85.6% 73 Vona loamy percent slopes sand, 3 to 5 10.2 2.3% Totals for Area of Interest 437.4 100.0% Map Unit Descriptions The map units delineated on the detailed soil maps in a soil survey represent the soils or miscellaneous areas in the survey area. The map unit descriptions, along with the maps, can be used to determine the composition and properties of a unit. A map unit delineation on a soil map represents an area dominated by one or more major kinds of soil or miscellaneous areas. A map unit is identified and named according to the taxonomic classification of the dominant soils. Within a taxonomic class there are precisely defined limits for the properties of the soils. On the landscape, however, the soils are natural phenomena, and they have the characteristic variability of all natural phenomena. Thus, the range of some observed properties may extend beyond the limits defined for a taxonomic class. Areas of soils of a single taxonomic class rarely, if ever, can be mapped without including areas of other taxonomic classes. Consequently, every map unit is made up of the soils or miscellaneous areas for which it is named and some minor components that belong to taxonomic classes other than those of the major soils. Most minor soils have properties similar to those of the dominant soil or soils in the map unit, and thus they do not affect use and management. These are called noncontrasting, or similar, components. They may or may not be mentioned in a particular map unit description. Other minor components, however, have properties and behavioral characteristics divergent enough to affect use or to require different management. These are called contrasting, or dissimilar, components. They generally are in small areas and could not be mapped separately because of the scale used. Some small areas of strongly contrasting soils or miscellaneous areas are identified by a special symbol on the maps. If included in the database for a given area, the contrasting minor components are identified in the map unit descriptions along with some characteristics of each. A few areas of minor components may not have been observed, and consequently they are not mentioned in the descriptions, especially where the pattern was so complex that it was impractical to make enough observations to identify all the soils and miscellaneous areas on the landscape. 8 Custom Soil Resource Report The presence of minor components in a map unit in no way diminishes the usefulness or accuracy of the data. The objective of mapping is not to delineate pure taxonomic classes but rather to separate the landscape into landforms or landform segments that have similar use and management requirements. The delineation of such segments on the map provides sufficient information for the development of resource plans. If intensive use of small areas is planned, however, onsite investigation is needed to define and locate the soils and miscellaneous areas. An identifying symbol precedes the map unit name in the map unit descriptions. Each description includes general facts about the unit and gives important soil properties and qualities. Soils that have profiles that are almost alike make up a soil series. Except for differences in texture of the surface layer, all the soils of a series have major horizons that are similar in composition, thickness, and arrangement. Soils of one series can differ in texture of the surface layer, slope, stoniness, salinity, degree of erosion, and other characteristics that affect their use. On the basis of such differences, a soil series is divided into soil phases. Most of the areas shown on the detailed soil maps are phases of soil series. The name of a soil phase commonly indicates a feature that affects use or management. For example, Alpha silt loam, 0 to 2 percent slopes, is a phase of the Alpha series. Some map units are made up of two or more major soils or miscellaneous areas. These map units are complexes, associations, or undifferentiated groups. A complex consists of two or more soils or miscellaneous areas in such an intricate pattern or in such small areas that they cannot be shown separately on the maps. The pattern and proportion of the soils or miscellaneous areas are somewhat similar in all areas. Alpha -Beta complex, 0 to 6 percent slopes, is an example. An association is made up of two or more geographically associated soils or miscellaneous areas that are shown as one unit on the maps. Because of present or anticipated uses of the map units in the survey area, it was not considered practical or necessary to map the soils or miscellaneous areas separately. The pattern and relative proportion of the soils or miscellaneous areas are somewhat similar. Alpha -Beta association, 0 to 2 percent slopes, is an example. An undifferentiated group is made up of two or more soils or miscellaneous areas that could be mapped individually but are mapped as one unit because similar interpretations can be made for use and management. The pattern and proportion of the soils or miscellaneous areas in a mapped area are not uniform. An area can be made up of only one of the major soils or miscellaneous areas, or it can be made up of all of them. Alpha and Beta soils, 0 to 2 percent slopes, is an example. Some surveys include miscellaneous areas. Such areas have little or no soil material and support little or no vegetation. Rock outcrop is an example. 9 Custom Soil Resource Report Weld County, Colorado, Southern Part 25 Haverson loam, 0 to 1 percent slopes Map Unit Setting National map unit symbol: 3622 Elevation: 4,500 to 4,800 feet Mean annual precipitation: 12 to 17 inches Mean annual air temperature: 46 to 54 degrees F Frost -free period: 125 to 180 days Farmland classification: Prime farmland if irrigated Map Unit Composition Haverson and similar soils: 85 percent Minor components: 15 percent Estimates are based on observations, descriptions, and transects of the mapunit. Description of Haverson Setting Landform: Flood plains, stream terraces Down -slope shape: Linear Across -slope shape: Linear Parent material: Stratified, calcareous alluvium Typical profile Hi - 0 to 4 inches: loam H2 - 4 to 60 inches: stratified loamy sand to loam to clay loam Properties and qualities Slope: 0 to 1 percent Depth to restrictive feature: More than 80 inches Drainage class: Well drained Runoff class: Low Capacity of the most limiting layer to transmit water (Ksat): Moderately high to high (0.60 to 2.00 in/hr) Depth to water table: More than 80 inches Frequency of flooding: None Frequency of ponding: None Calcium carbonate, maximum content: 15 percent Gypsum, maximum content: 1 percent Maximum salinity: Nonsaline to moderately saline (0.0 to 8.0 mmhos/cm) Available water supply, 0 to 60 inches: High (about 9.6 inches) Interpretive groups Land capability classification (irrigated): 3w Hydrologic Soil Group: B Ecological site: R067BY002CO - Loamy Plains Hydric soil rating: No Minor Components Vona Percent of map unit: 8 percent Hydric soil rating: No 10 Custom Soil Resource Report Fluvaquentic haplustolls Percent of map unit: 4 percent Landform: Terraces Hydric soil rating: Yes Other soils Percent of map unit: 3 percent Hydric soil rating: No 45 Olney loamy sand, 3 to 5 percent slopes Map Unit Setting National map unit symbol: 362s Elevation: 4,600 to 5,200 feet Mean annual precipitation: 11 to 15 inches Mean annual air temperature: 46 to 54 degrees F Frost -free period: 125 to 175 days Farmland classification: Farmland of statewide importance Map Unit Composition Olney and similar soils: 85 percent Minor components: 15 percent Estimates are based on observations, descriptions, and transects of the mapunit. Description of Olney Setting Landform: Plains Down -slope shape: Linear Across -slope shape: Linear Parent material: Mixed deposit outwash Typical profile H1 - 0 to 10 inches: loamy sand H2 - 10 to 20 inches: sandy clay loam H3 - 20 to 25 inches: sandy clay loam H4 - 25 to 60 inches: fine sandy loam Properties and qualities Slope: 3 to 5 percent Depth to restrictive feature: More than 80 inches Drainage class: Well drained Runoff class: Low Capacity of the most limiting layer to transmit water (Ksat): Moderately high to high (0.60 to 2.00 in/hr) Depth to water table: More than 80 inches Frequency of flooding: None Frequency of ponding: None Calcium carbonate, maximum content: 15 percent Maximum salinity: Nonsaline to very slightly saline (0.0 to 2.0 mmhos/cm) Custom Soil Resource Report Available water supply, 0 to 60 inches: Moderate (about 6.5 inches) Interpretive groups Land capability classification (irrigated): 3e Land capability classification (nonirrigated): 4c Hydrologic Soil Group: B Ecological site: R067BY024CO - Sandy Plains Hydric soil rating: No Minor Components Zigweid Percent of map unit: 8 Hydric soil rating: No Vona Percent of map unit: 7 Hydric soil rating: No percent percent 49 Osgood sand, 0 to 3 percent slopes Map Unit Setting National map unit symbol: 362x Elevation: 4,680 to 4,900 feet Mean annual precipitation: 13 to 15 inches Mean annual air temperature: 46 to 55 degrees F Frost -free period: 140 to 150 days Farmland classification: Farmland of statewide importance Map Unit Composition Osgood and similar soils: 85 percent Minor components: 15 percent Estimates are based on observations, descriptions, and transects of the mapunit. Description of Osgood Setting Landform: Plains Down -slope shape: Linear Across -slope shape: Linear Parent material: Eolian sands Typical profile H1 - 0 to 22 inches: sand H2 - 22 to 34 inches: sandy loam H3 - 34 to 60 inches: sand Properties and qualities Slope: 0 to 3 percent Depth to restrictive feature: More than 80 inches Drainage class: Well drained Runoff class: Very low 12 Custom Soil Resource Report Capacity of the most limiting layer to transmit water (Ksat): High (2.00 to 6.00 in/hr) Depth to water table: More than 80 inches Frequency of flooding: None Frequency of ponding: None Maximum salinity: Nonsaline to very slightly saline (0.0 to 2.0 mmhos/cm) Available water supply, 0 to 60 inches: Low (about 4.8 inches) Interpretive groups Land capability classification (irrigated): 4e Land capability classification (nonirrigated): 6e Hydrologic Soil Group: A Ecological site: R067BY015CO - Deep Sand Hydric soil rating: No Minor Components Valent Percent of map unit: 10 percent Hydric soil rating: No Dailey Percent of map unit: 5 percent Hydric soil rating: No 70 Valent sand, 3 to 9 percent slopes Map Unit Setting National map unit symbol: 2tczf Elevation: 3,050 to 5,150 feet Mean annual precipitation: 12 to 18 inches Mean annual air temperature: 48 to 55 degrees F Frost -free period: 130 to 180 days Farmland classification: Not prime farmland Map Unit Composition Valent and similar soils: 80 percent Minor components: 20 percent Estimates are based on observations, descriptions, and transects of the mapunit. Description of Valent Settin g Landform: Dunes, hills Landform position (two-dimensional): Summit, shoulder, backslope, footslope Landform position (three-dimensional): Side slope, crest, head slope, nose slope Down -slope shape: Convex, linear Across -slope shape: Convex, linear Parent material: Noncalcareous eolian sands Custom Soil Resource Report Typical profile A-0to5inches: sand AC - 5 to 12 inches: sand Cl - 12 to 30 inches: sand C2 - 30 to 80 inches: sand Properties and qualities Slope: 3 to 9 percent Depth to restrictive feature: More than 80 inches Drainage class: Excessively drained Runoff class: Very low Capacity of the most limiting layer to transmit water (Ksat): High to very high (6.00 to 39.96 in/hr) Depth to water table: More than 80 inches Frequency of flooding: None Frequency of ponding: None Calcium carbonate, maximum content: 1 percent Maximum salinity: Nonsaline (0.0 to 1.9 mmhos/cm) Available water supply, 0 to 60 inches: Very low (about 2.4 inches) Interpretive groups Land capability classification (irrigated): 4e Land capability classification (nonirrigated): 6e Hydrologic Soil Group: A Ecological site: R067BY015CO - Deep Sand, R072XY109KS - Rolling Sands Hydric soil rating: No Minor Components Dailey Percent of map unit: 10 percent Landform: Interdunes Landform position (two-dimensional): Footslope, toeslope Landform position (three-dimensional): Base slope Down -slope shape: Linear Across -slope shape: Concave Ecological site: R067BY015CO - Deep Sand, R072XA021 KS - Sands (North) (PE 16-20) Hydric soil rating: No Vona Percent of map unit: 5 percent Landform: Hills Landform position (two-dimensional): Shoulder, backslope, footslope Landform position (three-dimensional): Head slope, nose slope, side slope, base slope Down -slope shape: Linear Across -slope shape: Linear Ecological site: R067BY024CO - Sandy Plains, R072XA022KS - Sandy (North) Draft (April 2010) (PE 16-20) Hydric soil rating: No Haxtun Percent of map unit: 5 percent Landform: Interdunes Landform position (two-dimensional): Footslope, toeslope 14 Custom Soil Resource Report Landform position (three-dimensional): Base slope Down -slope shape: Linear Across -slope shape: Concave Ecological site: R072XY111 KS - Sandy Plains, R067BY024CO - Sandy Plains Hydric soil rating: No 73 Vona loamy sand, 3 to 5 percent slopes Map Unit Setting National map unit symbol: 2x0j8 Elevation: 4,100 to 5,200 feet Mean annual precipitation: 12 to 17 inches Mean annual air temperature: 46 to 52 degrees F Frost -free period: 130 to 155 days Farmland classification: Not prime farmland Map Unit Composition Vona and similar soils: 85 percent Minor components: 15 percent Estimates are based on observations, descriptions, and transects of the mapunit. Description of Vona Setting Landform: Hills, hillslopes Landform position (two-dimensional): Backslope Landform position (three-dimensional): Side slope Down -slope shape: Convex, linear Across -slope shape: Convex, linear Parent material: Eolian sands Typical profile A - 0 to 7 inches: loamy sand Bt1 - 7 to 14 inches: sandy loam Bt2 - 14 to 20 inches: sandy loam Bk - 20 to 45 inches: sandy loam C - 45 to 80 inches: loamy sand Properties and qualities Slope: 3 to 5 percent Depth to restrictive feature: More than 80 inches Drainage class: Well drained Runoff class: Very low Capacity of the most limiting layer to transmit water (Ksat): High (2.00 to 6.00 in/hr) Depth to water table: More than 80 inches Frequency of flooding: None Frequency of ponding: None Calcium carbonate, maximum content: 10 percent Maximum salinity: Nonsaline (0.1 to 1.0 mmhos/cm) Custom Soil Resource Report Available water supply, 0 to 60 inches: Moderate (about 6.4 inches) Interpretive groups Land capability classification (irrigated): 3e Land capability classification (nonirrigated): 4s Hydrologic Soil Group: A Ecological site: R067BY015CO - Deep Sand Hydric soil rating: No Minor Components Ascalon Percent of map unit: 5 percent Landform: I nterfl uves Landform position (three-dimensional): Interfluve Down -slope shape: Linear Across -slope shape: Linear Ecological site: R067BY024CO - Sandy Plains Hydric soil rating: No Manter Percent of map unit: 5 percent Landform: Hills, interfluves Landform position (two-dimensional): Backslope Landform position (three-dimensional): Side slope, interfluve Down -slope shape: Convex, linear Across -slope shape: Convex, linear Ecological site: R067BY024CO - Sandy Plains Hydric soil rating: No Olnest Percent of map unit: 3 percent Landform: Interfluves, hills Landform position (two-dimensional): Footslope, toeslope Landform position (three-dimensional): Interfluve, base slope Down -slope shape: Linear, concave Across -slope shape: Linear, concave Ecological site: R067BY024CO - Sandy Plains Hydric soil rating: No Valent Percent of map unit: 2 percent Landform: Dunes Landform position (two-dimensional): Summit, shoulder, backslope Landform position (three-dimensional): Nose slope, side slope, crest Down -slope shape: Convex, linear Across -slope shape: Convex, linear Ecological site: R067BY015CO - Deep Sand Hydric soil rating: No 16 H CC w Iii O- D 0 ce 0 H wz CL E_ O J CL U) in 20 HU ct<t O w >w CC wLL u)0 J z z0 0 US Co w LL 0 a' a_ U- 0 H z w 2 2 H z Q <t z w w I 0 w H << 0 a_ 0 0 z z 0 US w 0 C Q CO Q w 0 w I H z C is z w 2 D O 0 C c/) in 0 2 H 0 C z w H H CC w 2 H I— D 0 2 H H O w a CC O. a% w 2 0 >- C CC 0 CC a_ z CC 0 w J 0 2 Z 6 w U) D w en 0 H H 0 z Co H 0 •• z HQ Z o_ Lit 2 0 0 a% O 0 00 oz OJ Dz w O Calculation of Peak Runoff using Rational Method Designer: WJR Company: ENERTIA Date: 7/11/2024 Project: PIVOT 45 & 55 - Box Elder Location: WELD COUNTY Version 2.00 released May 2017 Cells of this color are for required user -input Cells of this color are for optional override values Cells of this color are for calculated results based on overrides ti =S0.33 0.395(1.1 - C5)y+Li _ Lt Lt tt 60KA 60Vt Computed tt = ti + tt Regional t, = (26 — 17i) + 60(14i + 9)-A tminimum= 5 (urban) tminimum= 10 (non -urban) Selected tc, = max{tminimum , min(Computed , Regional tt) 4 Select UDFCD location for NOAA Atlas 14 Rainfall Depths from the pulldown list OR enter your own depths obtained from the NOAA website (click this link) 1 -hour rainfall depth, P1 (in) = Rainfall Intensity Equation Coefficients = 2-yr 5-yr 10-yr 25-yr 50-yr 100-yr 500-yr 0.85 1.12 1.40 1.86 2.27 2.74 4.04 a b c 28.50 10.00 0.786 I(in/hr) _ (b + tpy a*P1 Q(cfs) = CIA Subcatchment Name Area (ac) NRCS Hydrologic Soil Group Percent mperviousness Runoff Coefficient, C Overland (Initial) Flow Time Channelized (Travel) Flow Time Time of Concentration Rainfall Intensity, I (in/hr) Peak Flow, Q cfs) 2-yr 5-yr 10-yr 25-yr 50-yr 100-yr 500-yr Overland Flow Length L; (ft) U/S Elevation (ft) (Optional) D/S Elevation (ft) (Optional) Overland Flow Slope Si (ft/ft) Overland Flow Time t; (min) Channelized Flow Length Li (ft) U/S Elevation (ft) (Optional) D/S Elevation (ft) (Optional) Channelized Flow Slope St (ft/ft) NRCS Conveyance Factor K Channelized Flow Velocity Vt (ft/sec) Channelized Flow Time tt (min) Computed tc min Regional tc min Selected tc min 2-yr 5-yr 10-yr 25-yr 50-yr 100-yr 500-yr 2-yr 5-yr 10-yr 25-yr 50-yr 100-yr 500-yr Al 72.42 A 2.33 0.01 0.01 0.01 0.01 0.04 0.13 0.27 500 0.025 32.61 0 0.020 7 0.99 0.00 32.61 25.60 25.60 1.46 1.93 2.41 3.20 3.90 4.71 6.95 0.67 0.99 1.48 2.99 12.69 43.72 135.33 X1 72.42 A 2.00 0.01 0.01 0.01 0.01 0.04 0.13 0.27 500 0.025 32.65 0 0.020 7 0.99 0.00 32.65 25.66 25.66 1.46 1.92 2.40 3.19 3.90 4.71 6.94 0.54 0.81 1.23 2.52 11.88 42.79 134.10 Area -Weighted Runoff Coefficient Calculations Version 2.00 released May 2017 Designer: WJR Company: ENERTIA Date: 7/11/2024 Project: PIVOT 45 & 55 - Box Elder Location: WELD COUNTY Subcatchment Name Al LE STD : Flow Direction Gatos €at Bar Cells of this color are for required user -input Cells of this color are for optional override values Cells of this color are for calculated results based on overrides See sheet "Design Info" for imperviousness -based runoff coefficient values. Sub -Area ID Area (ac) NRCS Hydrologic Soil Group Imperviousness Percent Runoff Coefficient, C 2-yr 5-yr 10-yr 25-yr 50-yr 100-yr 500-yr ACCESS 0.52 C 40.0 0.30 0.36 0.43 0.54 0.59 0.65 0.71 CONC PADS 0.03 C 100.0 0.83 0.85 0.87 0.88 0.89 0.89 0.90 CLASS VI PADS 0.04 C 40.0 0.30 0.36 0.43 0.54 0.59 0.65 0.71 FIELD 71.83 A 2.0 0.01 0.01 0.01 0.01 0.04 0.13 0.27 72.42 2.33 Total Area (ac) 72.42 Area -Weighted C Area -Weighted Override C 0.01 0.01 0.01 0.02 0.05 0.13 0.27 0.01 0.01 0.01 0.02 0.05 0.13 0.27 1 WCR 44 45 SITE ACCESS WCR 49 DESIGNATED TRAVEL ROUTE VIA 1-76 PIVOT SOLAR EIFERT PARCEL PROJECT 55 SITE ACCESS 1 1515 MARKET STREET IIENERTIADENVER, CO 80202 SUITE 100 (609) 234-5502 111N9d at FIGURE 1 - PROXIMITY MAP & DESIGNATED TRAVEL ROUTE PIVOT ENERGY SOLAR FARM ON BOX ELDER PARCEL WELD COUNTY, COLORADO DATE: 7/10/2024 SCALE: 1" = 10,000' BY: WJR Pivot 41/4 issiewi Energy Pivot Energy Inc.— Dust Mitigation Plan Best management practices will be followed to mitigate dust and debris during the construction process. Construction staff are responsible for dust control and will determine which of the following methods are needed to accommodate the specific site and weather conditions: • Sprinkling/irrigation- Sprinkle ground surface with water to moisten the area and control dust. Extra watering may be considered for haul roads and other traffic routes. • Vegetative cover- Vegetative cover may be used in areas where construction staff do not designate for vehicle traffic. Vegetative cover can help reduce wind velocity at the ground surface, therefore reducing dust accumulation. • Mulch- The use of mulch may be used as a useful dust control method for a recently disturbed area. • Wind breaks- Wind break barriers might be used to reduce the intensity of the wind throughout the site. • Stone- Stone may be used atop portions of the site to reduce the amount of dust that will be kicked up into the air. pivotenergy. net Pivot Energy Inc. - Landscape and Screening Plan Pivot Solar 45 LLC and Pivot Solar 55 LLC, c/o Pivot Energy Inc., is located 0.50 miles east of the intersection of Weld County Road (WCR) 46 and WCR 57. The site is approximately 60 acres within a larger 628 acre parcel. Solar facilities present a low profile, especially when compared to other operational energy and commercial facilities already present on and near the property. As such, these installations generate very little visual impact to neighboring properties and typically require little in the way of visual buffering. The main strategy employed to lessen visual impact of the proposed installation is to site the facility at the greatest feasible distance from any residences on neighboring properties and from the right-of-way. The applicant intends to provide a 500 -foot buffer between the solar equipment and any neighboring residential parcels. If there are neighboring residences within a 500 -foot buffer, Pivot Energy Inc. will provide an option to decrease visual impacts, such as opaque fencing, landscaping features, or an agreed upon mitigation measure. The applicant proposes to surround the facility with a decorative, wildlife friendly game fence which will serve to break up the visual impact of the facility when viewed from adjoining properties. Within the fence line and on any other areas disturbed during construction, applicant will establish native, low -growth grasses in keeping with vegetation common for the area to allow the project area to blend in with the surroundings. pivote nergy.net Pivot Energy Inc. - Maintenance and Vegetation Plan Site maintenance is critical to ensure that an operational solar facility meets all conditions of operation. This document outlines the steps the operator will take to ensure the site is properly maintained during construction and throughout the operational life of the facility. 1) Weed Management If construction occurs during growing season, Pivot will apply broadleaf herbicide prior to commencing construction. Once construction is complete, Pivot will re -apply broadleaf herbicide if needed to allow planted native grass seed mix to revegetate. ii) Hydro -seed or hydro -mulch a drought tolerant native grass seed mix in the early spring or early fall. Final seed mix will be determined by an approved professional knowledgeable with re -vegetation means and methods. iii) Mow project area a minimum of once per year, at a cut height of no less than six inches. It is possible that mowing may need to take place twice or more during the growing season iv) Since weed seeds remain viable in the soil a for number years, site and weed management is a long-term process. Treated areas will be monitored annually and re -treated if necessary, using typical weed management practices and procedures. 2) Planting Method Preferred method will be hydroseed and hydro - mulching. If required, nutrient supplementationwilltakeplacetoensurethe successful establishmentof permanentground cover. Permanent seeding shall occur between December 1 and May 1 or between August 1 and September 1, or as recommended by a vegetation specialist. 3) Temporary Seed Mix Temporary seeding areas, which will be ready for stabilization after May 1 and before August 1, shall be seeded with Millet or Sorghum at the rate of 40 pounds per acre, with the amount of fertilizer as specified. The requirement to plant temporary seeding does not eliminate the requirementtoplant permanentseeding. Straw mulch isnotrequiredfortemporaryseeding. 4) Permanent Seed Mix To consist of locally appropriate, drought -tolerant, low growth grasses and flowering plants. If viable, preference will be given to a seed mix that can support pollinators. Final mix will be determined at the time of planting by a qualified vegetation specialist. Pivot Energy Pivot Energy Inc. — Maintenance and Vegetation Plan Site Maintenance Checklist 1. Mow project area once per year at a minimum to a cut height of 6 inches or greater. 2. Walk the site and remove any accumulated debris on either side of the fence line and properly dispose. No burning of trash will be allowed. 3. Apply herbicide as needed to control noxious weeds. 4. Inspect and re -seed any bare ground with permanent seeding. 5. Inspect fence and repair as needed. 6. Inspect all-weather access road and repair as needed. 7. Inspect site for any visible erosion. Remove transported sediment and implement necessary erosion control measures to minimize future maintenance issues. pivote nergy.net ENERTIA CONSULTING GROUP LLC December 13, 2024 Weld County Planning and Building Department 1555 N 17th Ave Greeley, CO 80631 RE: Traffic Impact Letter U se by Special Review — Box Elder Parcel S E of WCR 44 & WCR 58 To whom it may concern: I. Introduction 1515 Market Street Denver, CO 80202 (609) 234-5502 rick.hagmayer@enertiacg.com In fulfillment of the Weld County Use by Special Review (USR) permitting requirements, Enertia Consulting Group (Enertia) has completed this Traffic Impact Letter for the proposed Pivot Energy Solar Facility on the Box Elder Parcel located on approximately: 72.42 acres southeast of the intersection of WCR 44 and WCR 58. The intent of this Report is to provide traffic related information and identify potential project impacts to affected roadways within Weld County. The following information is included in this letter report: • Project Location, Components and Construction Schedule • Designated Travel Route • Daily Vehicle Trip Generation • Conclusions II. Existing Conditions Location The project is located on two sites, approximately 72.42 acres in total, within a larger 640 acre parcel along the south side of WCR 44, west of WCR 58 on Weld County Parcel: No. 105324000008 in Section 24, T4, R64, NW4 & SW4 . Weld County Planning and Building Department Page 2 of 4 III. Proposed Condition Components The Pivot Energy Solar Facility on the Box Elder Parcel project shall generally include: up two 5 MW solar facilities with approximately 10,000 tracking solar panels each, mounted on steel I -beams; concrete pads mounted inverters and transformers; access drives with emergency turn-arounds and perimeter fences with gates. Construction Schedule It's currently anticipated that the Use by Special Review Permit will be issued by Weld County on or before March 01, 2025. Accordingly, a construction start/mobilization date of April 01, 2025 has been established. Based on this, the following preliminary schedule is currently considered: • Driveway and material staging area prep April 01, 2025 - April 21, 2025 • Solar Facility Component Delivery • Perimeter Fence Installation • Solar Panel Foundation Installation • Transformer and Inverter Installation • Solar Panel Installation Designated Travel Route April 22, 2025 — June 02, 2025 May 03, 2025 — June 02, 2025 June 02, 2025 - September 02, 2025 September 03, 2025 — October 01, 2025 October 04, 2025 — December 31, 2025 The designated access route is: 1-76 north to WCR 49. WCR 49 north to WCR 44. WCR 44 east to the an existing oil & gas access road and then south to the site access. Figure 1 illustrates the access 1-76 — 1-76, in the vicinity of WCR 49, is a 4 -lane concrete -paved road with left turn lanes and acceleration/deceleration lanes; and a posted speed limit of 65mph. It's anticipated that 100 percent of material deliveries will be from the south. WCR 49 — The 13.9 mile segment of WCR 49 to WCR 44 included in the travel route is a 2 to 4 - lane, concrete -paved road with intermittent bar ditches. WCR 44 — The +/- 4.9 mile segment of WCR44 included in the travel route begins as a 2 -lane concrete -paved road with intermittent bar ditches. It transitions into a 2 -lane gravel road. The road surface appears to be in good condition. It's anticipated that all material deliveries will travel along WCR 44 from WCR 49 via 1-76. Weld County Planning and Building Department Page 3 of 4 Daily Vehicle Trip Generation and Distribution Project development may be divided into the following 4 phases (site preparation, material and equipment delivery, solar facility construction and solar facility maintenance). The following Table 1 illustrates the estimated average daily trip generation by vehicle type for each Project phase. Table 1 — Vehicle Trip Generation Project Phase (Time Period) Vehicle Type Estimated Gross Vehicle Weight Number of Vehicles Per Day Maximum and Vehicle Trips Average Per Day (approx. Site Preparation 1-3 weeks) Equipment Hauling Trucks 30,000-65,000 lbs 0-2 0-4 Passenger Vehicles 2,000-10,000 lbs 2-5 4-10 Fuel Delivery 20,000-30,000 lbs 1 2 Max-16/Ave-9 Material (approx. and Delivery 4-5 Equipment weeks) Conex Container and Delivery Trucks 30,000-50,000 lbs 10-30 20-60 Equipment Trucks Hauling 20,000-40,000 lbs 0-8 0-16 Max — 79/Ave - 40 Solar facility Installation (6-7 months) Passenger Vehicles 2,000 to 10,000 lbs 20-30 40-60 Fuel Truck 20,000 to 30,000 lbs 1 2 Material Delivery Truck 20,000 to 30,000 lbs 1 2 Max 64/Ave - 52 — Operations (ongoing operational) once Utility Vehicle 4,000 to 10,000 lbs 3 per month or less Max - 6/Ave - 2 As illustrated in Table 1, the majority of traffic generated as a result of solar facility installation shall occur during the 9 -month solar facility installation (max 79/ave 40vtpd). This traffic will generally be site worker passenger vehicles. The majority of heavy truck traffic including conex container delivery (total of 80-100 conex containers/delivery trucks) and equipment (rubber tire loader, pile driver, forklift) delivery and pickup will travel to and from the Project between 9:30 AM and noon and 1:30PM and 4:00PM. Project related traffic during all phases will not be significant during AM and PM peak periods (7:30 9:00 AM and 4:30 - 6:00 PM, respectively). It is expected this solar facility will be involved with a sheep - agrovoltaic program. Sheep will graze onsite between March 1 and October 31 of each year. The sheep are considered low maintentance, however, a pickup truck will be used to deliver feed and water bimonthly - adding an additional 4 vehicle trips per month during operations for half the year Weld County Planning and Building Department Page 4 of 4 IV. Conclusions 1. The Project is expected to generate up to 79 vehicle trips per day during material and equipment delivery (anticipated to be up to one month at the beginning of the project and one month at the end of the project), up to 64 vehicle trips per day during solar facility installation (6-7 months) and 2 vehicle trips per month during solar facility operation in additional to a 4 vehicle trips in the summer to support the agro-voltaics. 2. Site preparation and solar facility installation anticipated to begin in April 2025 and be completed in December 2025. 3. The phase with the greatest amount of traffic (79 vtpd material and equipment delivery) is expected to occur over a 4-5 week period (April 2025 — June 2025). 4. Daily Project related truck traffic is not expected to impact AM and PM peak traffic periods. 5. Sight distance at the Project entrance is well over 1,000 feet both east and west along WCR 44. 6. Access to the project site is through an existing driveway. Therefore, a Weld County access permit will not be required. 7. As proposed, the solar site preparation, installation and ongoing inspection/maintenance is not anticipated to create adverse traffic related impacts on Weld County roads. Based on anticipated vehicle type and weight, the project is not anticipated to degrade/damage Weld County roads and a Public Works Improvement Agreement is not likely warranted. We trust that this Traffic Impact Letter for the Pivot Energy Solar Facility on the Box Elder Parcel is acceptable and complete. Please contact me at rick.hagmayer@enertiacg.com or (609) 234-5502 should you require additional information. Sincerely, Cnmei ii TIMr; GROUP, LLC i Senior Project Manager attachment 100 LICE. HAsitZra. rr•• r+ f O 58835 2/1-3/2h24 • S ■ a • WCR 44 45 SITE ACCESS WCR 49 DESIGNATED TRAVEL ROUTE VIA 1-76 PIVOT SOLAR EIFERT PARCEL PROJECT 55 SITE ACCESS 1 1515 MARKET STREET IIENERTIADENVER, CO 80202 SUITE 100 (609) 234-5502 111N9d at FIGURE 1 - PROXIMITY MAP & DESIGNATED TRAVEL ROUTE PIVOT ENERGY SOLAR FARM ON BOX ELDER PARCEL WELD COUNTY, COLORADO DATE: 7/10/2024 SCALE: 1" = 10,000' BY: WJR ENERTIA CONSULTING GROUP LLC July 11, 2024 Weld County Planning and Building Department 1555 N 17th Ave Greeley, CO 80631 RE: Traffic Impact Letter U se by Special Review — Box Elder Parcel S E of WCR 44 & WCR 58 To whom it may concern: I. Introduction 1515 Market Street Denver, CO 80202 (609) 234-5502 rick.hagmayer@enertiacg.com In fulfillment of the Weld County Use by Special Review (USR) permitting requirements, Enertia Consulting Group (Enertia) has completed this Traffic Impact Letter for the proposed Pivot Energy Solar Facility on the Box Elder Parcel located on approximately: 72.42 acres southeast of the intersection of WCR 44 and WCR 58. The intent of this Report is to provide traffic related information and identify potential project impacts to affected roadways within Weld County. The following information is included in this letter report: • Project Location, Components and Construction Schedule • Designated Travel Route • Daily Vehicle Trip Generation • Conclusions II. Existing Conditions Location The project is located on two sites, approximately 72.42 acres in total, within a larger 640 acre parcel along the south side of WCR 44, west of WCR 58 on Weld County Parcel: No. 105324000008 in Section 24, T4, R64, NW4 & SW4 . Weld County Planning and Building Department Page 2 of 4 III. Proposed Condition Components The Pivot Energy Solar Facility on the Box Elder Parcel project shall generally include: up two 5 MW solar facilities with approximately 10,000 tracking solar panels each, mounted on steel I -beams; concrete pads mounted inverters and transformers; access drives with emergency turn-arounds and perimeter fences with gates. Construction Schedule It's currently anticipated that the Use by Special Review Permit will be issued by Weld County on or before March 01, 2025. Accordingly, a construction start/mobilization date of April 01, 2025 has been established. Based on this, the following preliminary schedule is currently considered: • Driveway and material staging area prep • Solar Facility Component Delivery • Perimeter Fence Installation • Solar Panel Foundation Installation • Transformer and Inverter Installation • Solar Panel Installation Designated Travel Route April 01, 2025 April 22, 2025 May 03, 2025 April 21, 2025 June 02, 2025 June 02, 2025 June 02, 2025 - September 02, 2025 September 03, 2025 — October 01, 2025 October 04, 2025 — December 31, 2025 The designated access route is: I-76 north to WCR 49. WCR 49 north to WCR 44. WCR 44 east to the an existing oil & gas access road and then south to the site access. Figure 1 illustrates the access 1-76 — 1-76, in the vicinity of WCR 49, is a 4 -lane concrete -paved road with left turn lanes and acceleration/deceleration lanes; and a posted speed limit of 65mph. It's anticipated that 100 percent of material deliveries will be from the south. WCR 49 — The 13.9 mile segment of WCR 49 to WCR 44 included in the travel route is a 2 to 4 - lane, concrete -paved road with intermittent bar ditches. WCR 44 — The +/- 4.9 mile segment of WCR44 included in the travel route begins as a 2 -lane concrete -paved road with intermittent bar ditches. It transitions into a 2 -lane gravel road. The road surface appears to be in good condition. It's anticipated that all material deliveries will travel along WCR 44 from WCR 49 via 1-76. Weld County Planning and Building Department Page 3 of 4 Daily Vehicle Trip Generation and Distribution Project development may be divided into the following 4 phases (site preparation, material and equipment delivery, solar facility construction and solar facility maintenance). The following Table 1 illustrates the estimated average daily trip generation by vehicle type for each Project phase. Table 1 — Vehicle Trip Generation Project Phase (Time Period) Vehicle Type Estimated Gross Vehicle Weight Number of Vehicles Per Day Maximum and Vehicle Trips Average Per Day (approx. Site Preparation 1-3 weeks) Equipment Hauling Trucks 30,000-65,000 lbs 0-2 0-4 Passenger Vehicles 2,000-10,000 lbs 2-5 4-10 Fuel Delivery 20,000-30,000 lbs 1 2 Max-16/Ave-9 Material (approx. and Equipment Delivery 4-5 weeks) Conex Container and Delivery Trucks 30,000-50,000 lbs 10-30 20-60 Equipment Trucks Hauling 20,000-40,000 lbs 0-8 0-16 Max — 79/Ave - 40 Solar facility Installation (6-7 months) Passenger Vehicles 2,000 to 10,000 lbs 20-30 40-60 Fuel Truck 20,000 to 30,000 lbs 1 2 Material Delivery Truck 20,000 to 30,000 lbs 1 2 - Max — 64/Ave - 52 Operations (ongoing operational) once Utility Vehicle 2,000 to 10,000 lbs 1 per month or less Max - 2/Ave - 0 As illustrated in Table 1, the majority of traffic generated as a result of solar facility installation shall occur during the 9 -month solar facility installation (max 79/ave 40vtpd). This traffic will generally be site worker passenger vehicles. The majority of heavy truck traffic including conex container delivery (total of 510-850 conex containers/delivery trucks) and equipment (rubber tire loader, pile driver, forklift) delivery and pickup will travel to and from the Project between 9:30 AM and noon and 1:30PM and 4:00PM. Project related traffic during all phases will not be significant during AM and PM peak periods (7:30 9:00 AM and 4:30 — 6:00 PM, respectively). Weld County Planning and Building Department Page 4of4 IV. Conclusions 1. The Project is expected to generate up to 79 vehicle trips per day during material and equipment delivery (anticipated to be up to one month at the beginning of the project and one month at the end of the project), up to 64 vehicle trips per day during solar facility installation (6-7 months) and up to 2 vehicle trips per month during solar facility operation. 2. Site preparation and solar facility installation anticipated to begin in April 2025 and be completed in December 2025. 3. The phase with the greatest amount of traffic (79 vtpd material and equipment delivery) is expected to occur over a 4-5 week period (April 2025 — June 2025). 4. Daily Project related truck traffic is not expected to impact AM and PM peak traffic periods. 5. Sight distance at the Project entrance is well over 1,000 feet both east and west along WCR 44. 6. Access to the project site is through an existing driveway. Therefore, a Weld County access permit will not be required. 7. As proposed, the solar site preparation, installation and ongoing inspection/maintenance is not anticipated to create adverse traffic related impacts on Weld County roads. Based on anticipated vehicle type and weight, the project is not anticipated to degrade/damage Weld County roads and a Public Works Improvement Agreement is not likely warranted. We trust that this Traffic Impact Letter for the Pivot Energy Solar Facility on the Box Elder Parcel is acceptable and complete. Please contact me at rick.hagmayer@enertiacg.com or (609) 234-5502 should you require additional information. Sincerely, ENERTIA CONSULTING GROUP, LLC l Ric._ Senior Project Manager attachment PIVOT SOLAR 45/55 -01 WCR 49 4 • WCR 44 • st% &S UI 45 SITE ACCESS DESIGNATED TRAVEL ROUTE VIA 1-76 t -2-114 r4 v sRJ 1".. t - 't a4 55 SITE ACCESS IS. saw �e11�rr�+�M 4 I +�.rlui�M 4 1515 MARKET STREET SUITE 100 11 E E IRTIA DENVER, CO 80202 I LUINSULIINt, tIC}U LLl (609) 234-5502 FIGURE 1 - PROXIMITY MAP & DESIGNATED TRAVEL ROUTE PIVOT ENERGY SOLAR FARM ON BOX ELDER PARCEL WELD COUNTY, COLORADO DATE: 7/10/2024 SCALE: 1" = 10,000' BY: WJR FOR COMMERCIAL OR INDUSTRIAL BUILDINGS, PLEASE COMPLETE THE FOLLOWING INFORMATION: Business Name: Address: Business Owner: Home Address: Pivot Energy Renewable Services 1601 Wewatta St #700 Pivot Energy 1601 Wewatta St #700 Phone: City, state, zip: Phone: City, state, zip: List up to three persons in the order to be called in the event of an emergency: NAME TITLE PHONE Angela Burke, Sr Manager, Project Engineering & Analysis, 989.412.4705 Denver, CO 80202 Denver, CO 80202 ADDRESS Business Hours: 9-5, Mountain Time Zone UTILITY SHUT OFF LOCATIONS: Main Electrical: Gas Shut Off: TBD Days: Monday -Friday TBD Exterior Water Shutoff: TBD Interior Water Shutoff: TBD 10/23/2023 � Pivot ‘,4k Energy Pivot Energy Inc. — Community Meeting Pivot Energy held a community meeting at the Kersey Community Center, 215 2nd St, located at Kersey, CO 80621, from 4-7 PM on Thursday, December 7th, 2023. No neighbors attended the community meeting. On 11/24/23, All neighbors within a 0.5 -mile radius of the project boundary were sent a postcard inviting them to attend and providing contact information at Pivot to provide feedback. In addition to the postcards, all direct abutters to the project were sent a USPS priority mail envelope containing the following: • A letter personally introducing the developer assigned to the project, Pivot Energy as a company, and Pivot's Solar Projects • Contact information for the developer • Solar Project frequently asked questions • A postcard inviting them to the community meeting in Kersey pivotenergy.net Colorado Secretary of State Colorado Secretary of State ID#: 20231697282 Document #: 20241731662 Filed on: 07/10/2024 12:26:41 PM Paid: $25.00 Periodic Report filed pursuant to §7-90-301, et seq. and §7-90-501 of the Colorado Revised Statutes (C.R.S) The entity name is Pivot Solar 45 LLC The entity ID Number is 20231697282 Jurisdiction under the law of which the entity was formed or registered is Delaware The principal office street address is 1601 Wewatta St Ste 700 Denver CO 80202 US The principal office mailing address is 1601 Wewatta St Ste 700 Denver CO 80202 US The name of the registered agent is Vcorp Agent Services, Inc. The registered agent's street address is 7700 E Arapahoe Rd Ste 220 Centennial CO 80112 US The registered agent's mailing address is 7700 E Arapahoe Rd Ste 220 Centennial CO 80112 US The person above has agreed to be appointed as the registered agent for this entity. Causing this document to be delivered to the Secretary of State for filing shall constitute the affirmation or acknowledgment of each individual causing such delivery, under penalties of perjury, that the document is the individual's act and deed, or that the individual in good faith believes the document is the act and deed of the person on whose behalf the individual is causing the document to be delivered for filing, taken in conformity with the requirements of part 3 of article 90 of title 7, C.R.S., and, if applicable, the constituent documents, and the organic statutes, and that the individual in good faith believes the facts stated in the document are true and the document complies with the requirements of that Part, the constituent documents, and the organic statutes. This perjury notice applies to each individual who causes this document to be delivered to the Secretary of State, whether or not such individual is named in the document as one who has caused it to be delivered. Name(s) and address(es) of the individual(s) causing the document to be delivered for filing Louis Minion 6865 Deerpath Rd Ste 330 Elkridge MD 21075 US Colorado Secretary of State Colorado Secretary of State ID#: 20231777640 Document #: 20241790446 Filed on: 07/25/2024 09:38:43 AM Paid: $25.00 Periodic Report filed pursuant to §7-90-301, et seq. and §7-90-501 of the Colorado Revised Statutes (C.R.S) The entity name is Pivot Solar 55 LLC The entity ID Number is 20231777640 Jurisdiction under the law of which the entity was formed or registered is Delaware The principal office street address is 1601 Wewatta St Ste 700 Denver CO 80202 US The principal office mailing address is 1601 Wewatta St Ste 700 Denver CO 80202 US The name of the registered agent is Vcorp Agent Services, Inc. The registered agent's street address is 7700 E Arapahoe Rd Ste 220 Centennial CO 80112 US The registered agent's mailing address is 7700 E Arapahoe Rd Ste 220 Centennial CO 80112 US The person above has agreed to be appointed as the registered agent for this entity. Causing this document to be delivered to the Secretary of State for filing shall constitute the affirmation or acknowledgment of each individual causing such delivery, under penalties of perjury, that the document is the individual's act and deed, or that the individual in good faith believes the document is the act and deed of the person on whose behalf the individual is causing the document to be delivered for filing, taken in conformity with the requirements of part 3 of article 90 of title 7, C.R.S., and, if applicable, the constituent documents, and the organic statutes, and that the individual in good faith believes the facts stated in the document are true and the document complies with the requirements of that Part, the constituent documents, and the organic statutes. This perjury notice applies to each individual who causes this document to be delivered to the Secretary of State, whether or not such individual is named in the document as one who has caused it to be delivered. Name(s) and address(es) of the individual(s) causing the document to be delivered for filing LOUIS MINION 6865 Deerpath Rd Ste 330 Elkridge MD 21075 US 4/15/2020 Pivot Energy Mail - SLB - Authorized Signatory wri4 Eli Oppenheimer <eoppenheimer@pivotenergy.net> SLB - Authorized Signatory Rodenberg - DNR, David <david.rodenberg@state.co.us> To: Eli Oppenheimer <eoppenheimer@pivotenergy.net> Cc: Luke Rickard <Irickard@pivotenergy.net> Hi Eli. Wed, Apr 15, 2020 at 10:36 AM I have not had anyone ask that before. I am the right of way manager and tower site manager for the State Land Board and I manage our renewable energy leasing program (as stated in my signature block in my state email). Also, our renewable energy policy states that staff has the authority from our Board to handle certain things. Here is a link to that policy: https://drive.google.corn/file/d/0B0KxgZQvI3fONkZya1RxeXNETVk/view If that doesnt satisfy Weld County, I can ask my supervisor or the State Land Board Director to send an email stating such. [Quoted text hidden] David S. Rodenberg Right -of -Way Manager/Tower Site Manager/Renewable Energy Leasing COLORADO State Land Board t rawc.r !ham vow" 10' '0. P 303.866.3454 ext. 3328 1127 Sherman Street Suite 300, Denver, CO 80203 david.rodenberg@state.co.us I www.colorado.gov/statelandboard https://mail. google.com/mail/ul0?ik=ae2692ab6b&view=pt&search=all&permmsgid=insg-f%3A 1664057199954220987&simpl=msg-fn/o3A 1664057199954220987 1/1 STATE OF COLORADO State Board of Land Commissioners RENEWABLE ENERGY LEASING POLICY Original Issue: March 2014 Policy No. 300-003 Last Reviewed / Revised: July 2017 Page 1 of 4 OBJECTIVE: To promote renewable energy development on state trust lands in a manner that generates market based revenue, is compatible with other current and future uses, and minimizes impacts to natural values. AUTHORITY The Constitution of the State of Colorado, Article IX, Section 1O requires the Colorado State Board of Land Commissioners (State Land Board) to prudently manage the assets it holds in trust in order to produce reasonable and consistent income over time white protecting and enhancing the long term value- and productivity of these assets through the application of sound stewardship. C.R.S. S 36-1-147.5 requires the State Land Board to assess its assets, and identify and promote those properties deemed appropriate fo►r renewable energy development, working with federal and state agencies as necessary to realize economic value for the School Trust. State Land Board Strategic Plan (April 2017) Goal 1.2 Grow and diversify recurring revenues and minimize the impact of volatility from extractive tines of business. ACCOUNTABILITY Director and. Renewable Energy Program Manager SCOPE I. New Application Review A. Planning Leases (all technologies) 1. New planning lease applications will be coordinated between the Program Manager and. the District Manager in charge of the property to determine suitability and potential use conflicts 2. Prior to approval of a planning lease, all lessees on the property will be notified in writing STATE OF COLORADO State Board of Land Commissioners RENEWABLE 'ABLE ENERGY EASING POLICY Original Issue: March 2014 Last Reviewed/Revised: hay 2017 Policy No. 300e003 i Page 2 of 4 B. Production Leases (alt technologies) 1. New production lease applications will be forwarded to the following agencies and organizations for comment before the application is presented to the State Land Board Commissioners (Board) for approval a. Internal program managers b. Local Government with jurisdiction c. Colorado Parks and wildlife d. Colorado Natural Heritage Program Database e. Other expert resources as appropriate C. Compatibility 1. Renewable energy uses wilt be analyzed based on compatibility with all other existing teases and future potential uses for the asset Assessment for stewardship and natural resources value and legal and/or practical access will be determined 3. Consultation with other lessees on the property I . Best Management Practices (BMPs) A. Renewable energy production leases will contain conditions and stipulations that include additional requirements for renewable energy development, based on best management practices for specific renewable energy technologies All production leases win include a requirement for the lessee to implement site specific BMPs, , developed by staff in consultation with the agencies and organizations noted above; BMPs wilt address the construction, operation and overall management practices associated with the teased premises for the entire term of the tease C. Staff wilt inspect the leased lands at regular intervals during the term of the lease, but no less frequently than every three (3) years, to determine compliance with tease terms D. If Staff identifies issues of potential resource concern, the most appropriate outside advisors may be consulted to provide review and comment III. Lease Terms The following tease terms wilt be reviewed and modified as appropriate by the Board no less frequently than every three years STATE OF COLORADO State Board of Land Commissioners RENEWABLE BLE ENERGY LEASING POLICY Original Issue: March 2014 i Policy No. 300-003 Last Reviewed/Revised: July 2017 Page 3 of 4 A. Length of Term 1. Planning Leases a. Solar Gardens: Maximum term of two (2) years b. Utility Scale Solar: Maximum term of three (3) years with a one (1) year extension option c. Utility Scale Wind: Maximum term of three (3) years with a one (1) year extension option 2. Production Leases a. Solar Gardens: Maximum term corresponding to length of power purchase contract, no renewal option b. utility Scale Solar: Maximum term corresponding to length of power purchase agreement; if utility owned and operated, a maximum term of 40 years may be considered by the Board c. utility Scale Wind: Maximum term commensurate with power purchase agreement; if utility owned and operated, a maximum terra of 40 years may be considered by the Board B. Exclusivity of Use 1. Planning Leases (all technologies): Non -Exclusive 2. Production Leases a. Solar Garden: Exclusive b. Utility 'kale Solar: Exclusive c. Utility Scale Wind: Non -Exclusive C. Minimum Pricing The minimum rate for the first year of any renewable energy planning lease is $2,000 per site or $8.00 per acre, whichever is greater; mufti -year planning leases wilt include an increased rate for each year of the tease after the first year 1. The minimum rate for bonus payments in a production lease is $1,500 per MW installed STATE OF COLORADO State Board of Land Commissioners RENEWABLE ENERGY LEASING POLICY Original Issue: March 2014 Policy No. 300-003 Page 4 of 4 Last Reviewed/Revised: July 2017 The minimum standard rate for the assignment of a renewable energy production tease is a. Solar Garden: $1,000/acre b. Utility Scale Solar: $500/acre c. Utility Scale Wind: $500/acre 3. Staff will periodically determine the market rates for renewable energy teases on state trust land D. Risk Management 1. Liability Insurance Renewable energy lease holders and affiliated subcontractors will a. Provide evidence of comprehensive general liability insurance in a minimum amount of $1,000,000 per occurrence, including coverage for damages to rented premises at a minimum of $100,000 b. Include the State Land Board as an additional insured c. Renewable energy tease holders will be responsible for any liabilities incurred as a result of lessee's u s e 2. Bonding a. Any work conducted on the property during any planning or production lease will require the lessee to submit a performance bond as specified in the lease b. Staff wilt approve final site reclamation prior to the release of bonds Lease Management 1. Staff may approve planning teases and exploration permits; as well as amendments and assignments of all Leases 2. Staff may approve renewals and extensions of planning leases 3. The Board will approve all new production teases and all renewals and extensions of production teases STATE BO TONERS Gary uttervvoi _ t , Pres' - nt DATE Weld County Treasurer Statement of Taxes Due Account Number R4280686 Assessed To Legal Description 8908 ALL 24 4 64 Year Grand Total Due as of 02/06/2024 Tax Interest Parcel 105324000008 COLORADO STATE OF 1 127 N SHERMAN ST STE 300 DENVER, CO 80203-2398 Fees Sites Address Payments Balance $0.00 Tax Billed at 2023 Rates for Tax Area 2472 - 2472 Authority WELD COUNTY SCHOOL D1ST RE7-KERSEY CENTRAL COLORADO WATER (CCW CENTRAL COLORADO WATER SURD PLATTE VALLEY FIRE AIMS JUNIOR COLLEGE HIGH PLAINS LIBRARY WEST GREELEY CONSERVATION Taxes Billed 2023 * Credit Levy Mill Levy 12.0240000* 7,2490000 0 8910000 1 3000000 5 1650000 63360000 3.1960000 0 4140000 Amount $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $000 $0.00 36.5 750000 $0 00 Values EXEM PT -STATE - LAND Actual Assessed $994,082 $277,350 Total $994,082 $277,350 ALL TAX LIEN SALE AMOUNTS ARE SUBJECT TO CHANGE DUE TO ENDORSEMENT OF CURRENT TAXES BY THE LIENHOLDER OR TO ADVERTISING AND DISTRAINT WARRANT FEES. CHANGES MAY OCCUR AND THE TREASURER'S OFFICE WILL NEED TO BE CONTACTED PRIOR TO REMITTANCE AFTER THE FOLLOWING DATES: PERSONAL PROPERTY, REAL PROPERTY, AND MOBILE HOMES - AUGUST 1 TAX LIEN SALE REDEMPTION AMOUNTS MUST BE PAID BY CASH OR CASHIER'S CHECK. POSTMARKS ARE NOT ACCEPTED ON TAX LIEN SALE REDEMPTION PAYMENTS PAYMENTS MUST BE IN OUR OFFICE AND Weld County Treasurer's Office 1400 N 17th Avenue PO Box 458 Greeley, CO 80632 Phone: 970-400-3290 Pursuant to the Weld County Subdivision Ordinance, the attached Statement of Taxes Due issued by the Weld County Treasurer are evidence that as of this date, all current and prior year taxes related to this parcel have been paid in full. Date: �b (of zozzi 1400 N. 17th Avenue, Greeley, CO 80631 or PO Box 458, Greeley, CO 80632. (970) 400-3290 Page 1 of 1 Hello