HomeMy WebLinkAbout700309.tiff SIGN URANIUM LEASE, COUNTY #6
TREND EXPLORATION LIMITED:
WHEREAS, the Trend Exploration Limited of 600 Capitol Life Center
Denver, Colorado, has presented a Standard Uranium Lease, covering a tract of
land situate in Weld County, Colorado, more particularly described as follows:
NE4: Section 12, Township 9 North, Range 66 West of the 6th P. M. ,
containing 160 acres, more or less,
and
WHEREAS, a signed consent of the surface owners, M. H. and A. Evelyn
Harden, together with an agreement, signed by Trend Exploration Limited, for
payment of damages to the surface, labeled Exhibit A and B, is hereto attached and
made a part of the lease, and
WHEREAS, the Board believes it to be in the best interest of the
County to sign said lease.
NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners
of Weld County, Colorado, that it does hereby accept by signing said Uranium Lease,
County #6, with the Trend Exploration Limited for the heretofore described tract
of land, for a period of ten years with a bonus consideration of $1.00 per
mineral acre and delay rental of $1.00 per mineral acre.
The above and foregoing resolution was, on motion duly made and
seconded, adopted by the following vote: ��// //
AYES: �l ¢2.4c� / ' .,,e r!{�/t,
/ i / 2
THE BO C ISSIONERS
WELD COUNTY, COLORADO
DATED: AUGUST 12, 1970
/ II t I7&, 700309
gI ,J;; 5 71
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,s
GLENN K. SILL:NGS, \ wws
CHAIRMAN to r -�' .33.--) �� 3 ,L'//
RT. 2. DO% 157. GREELEY. COLO. CI
}
HAROLD W. ANDERSON.
CHAIRMAN PRO.TE.M
RT. 1. JOHNSTOWN. COLO. OFFICE OF THE WELD COUNTY ATTORNEY SAMUEL s. TELF_P
COUNTY ATTORNEY
MARSHALL H. ANDERSON, PHONE r303, 3525152
MEM3ER
24:2 5TH AVE.. GREELEY_ COLO. \3-,51'3,.......-_-_-_,,...,,. .-.../.:,
May 21, 1970
M. H. Harden and A. Evelyn Harden
Route 1
Nunn, Colorado 80648
Re: Township 9 North, Range 66 West of the 6th P. M. : NE4 Sec. 12.
Dear Mr. and Mrs. Harden:
Please be advised that Weld County is in the process of signing a Mineral Lease
with Trend Exploration Limited 603 Capitol Life Center, Denver, Colorado,
whereby said lessee will cause, by exploration of your premises, to try and lo-
cate uranium, thorium, vanadium and other minerals of value that can be re-
moved in the process of mining and milling the same from the above-mentioned
lands. As you probably know, Weld County owns the minerals underneath the
surface of these lands and before it enters into any lease, it wishes to know whe-
ther you have any objections. Weld County feels that you as the surface owners
certainly do have something to say about what will or may happen to the surface
of the lands involved.
We have on file in the office, an instrument whereby M. H. Harden and A. Evelyn
Harden, as surface owners of the above-entitled premises, have signed a consent
stating in effect that they have no objection to Weld County entering into a lease
agr,m—„ent whereby the lessee can explore and mine for said minerals.
i.lthaugh we have your consent as surface owners, the Board of County Commis-
sioners, Weld County, Colorado, has instructed this office to obtain a personal
response from you regarding your feelings in the matter and whether you have
any objections to Weld County entering into such leases.
Your early reply will be greatly appreciated. For ready reference, I attach
herewith a stamped, self-addressed envelope for your convenience in replying.
Very truly your
7><'-
Samuel S. Telep
County Attorney
SST:bp � \
Enc. �i
")°;;,: ;.-.,-0,-,;',o,
L.)
Lay 2,,, 1970
6Dnuei S. Telep
Count:r Attorney
Greeley, Colo.
1er•r %:r. Tclop:
Since in your el : .co e.I.t3rdc`_7 L .1 . discuzs:r.i,, .. 'v:i -rou
the; mineral rights ..eld Co. O::ns in t'fe N.L. _ ef Sec.
12,`2.9, 11.66.
T-lis we do understand the Co. owns the mineral ri...; ts, but
we do own the surface ri Ots area should be censi( fcd then
the Co. lets a lease wit.t the Trend Lx )loration Ltd. as we
fool it was in a fradulence manner in _;ettinii our consent
in VI:: rdanner j.r .Alvin Lai ser, A ;ent took to :_,ot it,J
Jhen we were to have si.:ncc our lease. Instead it evic. entially
consent riven to the County.
.:o do have cattle on t'ais Section is Grass 1rnr: and-snit
�oc:uesi; t:z: t all ?precautions be taken if test hol s ire made
on the geld Count r .ns the minerals on.
If it should be a rcinin ; operation s considered than we object
to our property be torn up in any way, and b:;fore mining
equipment is moved in on the ,field County Iv.. 4 ao rill del.and
a considerable lum. sun of money in cash before movint; on to
property . The sum of eo.0 ?0.00 y L.uebanu and I have
;aId taxes on this 7property miry rears and :;e will be payin
taxes stre
^ftt;i' . t '.s c .��_.�: roc: b-�
Res ectfu'.ly :ours
t-7
4,141
TATLOCK'S, Inc.
- 1614 Court Place
Denver, Colo. 80202 Phone 266-1681
Form JG—LS(Revised 1967) _..
Standard Uranium Lease (Approved) _ -- r� —--
h/ day of _ *-L 19 70
THIS AGREEMENT OF LEASE, made and entered into this — t,atG �'f Colorado.
..r(, t rt Count? ColorF'-�'�o. L.n T1n) i t.-,c;l : p 'i vi,^,inn n' t-,
by and between •
0 1 Ccra,t, C^ rr-ic;i.oners
r 1 I Co _ tut r Co' rt `lose, urccl ey, Colorado
(whether one or more) of - ^
rnr',.1 lnr7t_nn Iir. te:d, G00 Ca-'+ l life Set*ter, Denver, Ccicradn °oJrPr'0
hereinafter called lessors,and _
hereinafter called the lessee;
( .. 'r..red �i�-��' Dollars,
WITNESSETH: That the said lessor, for and in consideration of 'Inc"f -- . ;11s^�
cash in hand paid, the receipt of which is hereby acknowledged as payment of the initial rental computed at the rate of hof granted, demised, leased end
net-acre, and of the covenants and agreements hereinafter contained on part of lessee to be paid, kept and performed, mining and d
let and by ake presents does iu ,Vanadiumlease
andand
other minerals of unto
valuethe
thatsaid
can be removed sole and h proce purpose mining exploring,
drimilling the same, from
operat-
ing for and taking Uranium, Thorium,
the lands hereinafter described; situate, lying and being in the County of_
told and State of_ Colorado , to wit;
A, - _ /t,
LJ
.,1.1.1 1�� i_.^_ o'�r.^r ;E. a .Cu,. o kJ/tit', Pe r.•
160 acres,to contain more or less.
It is agreed that this lease shall remain in force for a term of 10 years from this date, referred to as primary term and as long thereafter as the
minerals hereinabove designated or any one of them are being produceed ir n
long paying
thereafes ter from said
continuses,es Land the prosecute mining ents provided
for herein are being paid, subject to the terms hereinafter described,
explora-
tion of said premises. 2bet`: cot-ii 19 71
If actual mining operations are not commenced on said land on or before the day of
the lessee shall on or before that date pay or tender to the lessor or to the lessor's credit in the
this lease shall terminate as to both parties,r unless Lire l o; , u�ln^ siC , or
9o^rd of Salmi irTsi -icncrs _ 9antrae
One H.indred Sixty— —
its successors which shall continue as the depository regardless of changes in the ownership of said land,the sum of '
dollars, which shall operate as a rental and cover the privilege of deferring actual mining operations for twelve months from said date. In like manner
and upon like payments or tenders, the commencement of actual mining operations may be further deferred for like n periods of
fl then ameilege gb r of
months successively. And it is understood and agreed that the consideration first recited herein, the down payment,
ed
to the date when said first rental is payable as aforesaid, but also the lessee's option of extending that period as aforesaid, and any and all other rights
conferred.
In consideration of the premises the said lessee covenants and agrees:
To pay lessor an amount equal to '� - percent of the gross mill returns from any and all ores mined from the leased premises, including
r ',ee Tin nnn
percent of any bonus or premium payments, but not including any portion of the haulage or development allowance.
Should production of minerals hereinabove described from the leased premises cease from any cause after the expiration of the primary term this
lease shall not terminate provided lessee continues with due dilligence and good and proper mining and exploratory procedure to regain or restore
production from said land. If such production is restored through any such operations this lease shall continue with the like effect as if there had been
no cessation thereof.
If said lessor owns a less interest in the above described land than the entire and undivided fee simple estate therein, then the royalties and
rentals herein provided for shall be paid the said lessor only in the proportion which lessor's interest bears to the whole and undivided fee.
Lessee shall be liable and agrees to pay for all damages to the surface of the land. livestock, growing crops or improvements caused by lessee's
operations on said lands.
Lessee shall have the right to use, free of cost, water produced or found on said land for lessee's operation thereon, except water from the wells
and reservoirs of lessor.
Lessee shall have the right at any time to remove all machinery and fixtures placed on said premises.
s All be e implied covenants
h leaors in f this part, nor lesseeheld be ubject liableto
damages Federal
forand
f failure Slate toLaws,
complyExecutive
therewith. if Orders,
o compliance is is prevented by,and or this
if lease
such
shall u not h resltterminated,finin c
failure is the result of any such Law, Order, Rule or Regulation.
If the estate of either party hereto is assigned, and the privilege of assigning in whole or in part is expressly allowed. the he rental arts hereof shall
royalties shall
extend to their heirs, executors, administrators, successors or assigns. but no change in the ownership of the land,or assignments ro
be binding on the lessee until after the lessee has been furnished with a written transfer or assignment or a true copy thereof: and it is hereby agreed
that in the event this lease shall be assigned as to a pan or as to parts of the above described lands and the assignee or assignees of such part or
parts shall fail or make default in the payment of the proportionate part of the rents due from him or them. such default shall not operate to defeat
ment of
or affect this. Inlease insofar se as it covers a part i whole e o i sair l lessee s shall be rel evedon which the said lessee or of all obligationsywithi respect to thenee thereof ahall assignedke due portion or portions
axis ten case lessee ateigns this lease, in er in part,
arising a recor i the date r county hall may at any time surrender this lease in whole or in e part to yilpar a release no lessor or placing
a release of record in the proper county and shall thereupon he relieved of all obligations hereunder except as to any part retained.
Lessor hereby warrants and agrees to defend the title to the lands herein described, and agrees that the lessee shall have the right at any time to
redeem for lessor, by payment, any mortgages, taxes or other liens on the above described lands, in the event of default of payment by lessor, and be
subrogated to the rights of the holder thereof, and the undersigned lessors, for themselves and their heir.s, successors, and assigns. hereby surrender
and release all right of dower and homestead in the premises described herein, insofar as said right of dower and homestead may in any way affect
the purposes for which this lease is made, as recited herein.
See LX.ITTJ.T5 "A," and "]'° attached and •rirde a cart hereto.
Lessee agrees to comply with the Colorado Open Cut Land Reclamation Act of 1969,
which shall be deemed to apply to the mining of Uranium and to all activities on
the above described land.
'..-..cad Ccun:.;, Colorado, by the
WITNESS the parties hereto in duplicate the day and year first above written. -J(;)7: . Of County nohir.13Sioncf S.
LESSOR:
LESSEE;__ 7 4:1'.11" -Ye..
/e.L,GC--C' i'f: �/ �"� �/'.� ,c _
eft, Jr., �'ct y�; / � ��L�,
V ( �
- tten,t:
1.',;a (-;I1 :k.cor'rer
EXHIBIT "A"
Attached to and made a part of Uranium Leese dated April 24, 1970
by and between Weld County, Colorado
Lessor, and TREND EXPLORATION LIMITED, Lessee.
Notwithstanding anything to the contrary herein contained, in the event Lessee destroys
or permanently damages the surface of all or any part of the Leased Premises by removal
of said surface in the course of excavating a mine or by covering said surface with
earth, rock ore or other materials during the course of mining operations hereunder,
then Lessee shall pay or tender to Lessor the surface owner 125% of the fair market value
as full payment for each acre of surface land (pro rata for fractions of an acre), act-
ually permanently damaged or destroyed, or permanently isolated from other pasturelands
or water; provided that if Lessor owns less than the entire and undivided surface estate,
the payments to be made shall be proportionately reduced and paid to Lessor only in the
proportion that Lessor's interest bears to the entire undivided surface estate.
For all fissionable materials mined, saved and removed from Leased Premises, Lessor re-
serves and Lessee agrees to pay to Lessor a royalty based on the gross purchase price
as set out below:
SCHEDULE A - SURFACE OR PIT MINING ROYALTY: SCHEDULE B - UNDERGROUND MINING ROYALTY:
GROSS PURCHASE PRICE PER ROYALTY GROSS PURCHASE PRICE PER ROYALTY
TON (2000#) AT MILL RATE % TON (2000#) AT MILL RATE %
Up to $ 4.00 5 $ .00 to $14.00 5
$ 4.00 to 6.00 54 14.00 to 16.00 54
6.00 to 8.00 6 16.00 to 18.00 6
8.00 to 10.00 64 18.00 to 20.00 64
10.00 to 12.00 7 20.00 to 22.00 7
12.00 to 14.00 74 22.00 to 24.00 73
14.00 to 16.00 8 24.00 to 26.00 8
16.00 to 18.00 84 26.00 to 28.00 84
18.00 to 20.00 9 28.00 to 30.00 9
20.00 to 22.00 94 30.00 to 32.00 94
22.00 to 24.00 10 32.00 and up 10
24.00 to 26.00 104
26.00 to 28.00 11
28.00 to 30.00 114
30.00 to 32.00 12
32.00 and up 124
On all other minerals recovered in the process of mining and milling uranium, the roy-
alty shall be 5% of the fair market value.
Initialled for purpose of identification.
7 IB .T "B" : To be attached to and made a part of Uranium Lease covering
the N , Section 12, Township 9 North, Range 66 West, of otli P.M.,
in Weld County of Colorado.
CONSENT OF SURFACE OWNER
For good and adequate consideration, the receipt and sufficiency
of which is hereby acknowledged, the undersigned (whether one or more) owner
of the surface of the land described in the foregoing lease hereby consents
to the granting of said lease by the Lessor named therein upon and subject
to the terms and conditions therein set forth. The giving of this consent
shall not thereby entitle the undersigned to receive any payments under the
foregoing lease.
IN WITNESS WHEREOF, the undersigned has executed this consent as
of the day and year of the foregoing lease.
;.. `. Harden
A. E rc1yn iarden
STATE OF COLORADO )
) ss .
COUNTY OF JELL )
The foregoing Consent of Surface Owner was acknowledged before me
this 24th day of April , 1970, by M.H. :Harden and A. Evelyn
Harden, husband and wife,
My commission expires :
August 2, 1970 Notary Public P
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