HomeMy WebLinkAbout20201913.tiffRECEIVED
NOTICE OF PENDING
LAND -FOR -LAND EXCHANGE
JUN 1 1 2020
WELD COUNTY
COMMISSIONERS
NOTICE is hereby provided that pursuant to Article IX, § 9 of the Colorado Constitution and
§ 36-1-124.5, CRS, the State Board of Land Commissioners ("Board") has authorized the following land -
for -land exchange ("Exchange"):
TOWNSHIP 5 NORTH, RANGE 61 WEST OF THE 6TH P.M. SECTION 30: SW4SE4, and
SECTION 31: NE4; and
TOWNSHIP 5 NORTH, RANGE 62 WEST OF THE 6TH P.M. SECTION 36: SE4SW4; and
TOWNSHIP 4 NORTH, RANGE 62 WEST OF THE 6TH P.M. SECTION 1: E2NW4;
altogether containing 320 acres, more or less ("State Property")
In Exchange For
ONE AND ONE HALF (1%) SHARES OF MORGAN PREWITT RESERVOIR and $170,000
CASH ("Replacement Property")
SUBJECT TO any and all covenants, restrictions, easements and rights -of -way, whether or not of
record. Only the surface rights of the State Property are proposed to be conveyed by patent or deed. Bids
in all forms of compensation will be considered, including cash, alternative property for trade or other
forms of consideration that achieve the minimum bid set by the Board. All mineral rights, including sand
and gravel, all subsurface rights, all Denver Basin groundwater, and geothermal rights, if any, and access
thereto on the State Property, are reserved to the Board. The minimum acceptable value to bid for the
surface rights of the State Property in this Exchange is the combined value of the Replacement Property.
The publication of this notice on June 10, 2020 begins a 4 -week public notice period during
which written comments and sealed bids may be submitted to the Board.
All comments on the Exchange must be clearly marked "Comments on the North Masters
Exchange TRXN 20-002". Comments must be emailed to matthew.lafontaine@state.co.us or mailed to
Matthew LaFontaine, Acquisition and Disposition Manager, 1 127 Sherman Street, Suite 300, Denver,
Colorado 80203 ("Submission Address").
All bids must be submitted in a sealed envelope on the Board's Application for Acquisition of
State Trust Land with a $100 non-refundable fee. The sealed envelope must be clearly marked "Bid for
the North Masters Exchange TRXN 20-002". Bids must be mailed or delivered in person to the
Submission Address. Bids received without the fee or via facsimile or electronic mail will not be
considered.
All sealed bids and comments must be received by 3 p.m. on July 9, 2020 ("Bid Deadline").
Bids and comments received after the Bid Deadline will not be considered.
Board staff will open the sealed bids, if any, on the Bid Deadline at the State Land Board main
offices at 1 127 Sherman Street, Suite 300, Denver, CO 80203, to verify that the bids received meet the
minimum requirements. If only one bid is received and it meets the minimum requirements specified
herein, Board staff is authorized to approve such bid as the successful bidder(s). If multiple or alternative
bids are received, all bids meeting the minimum requirements specified herein, will be presented to the
Board in open session at a future Board meeting. The Board will review all bids presented and determine,
at its sole discretion, which bid best meets the needs of the trust(s). The Board reserves the right to reject
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all bids for the State Property and the right to withdraw the parcel from availability for any exchange or
transaction. Following the Board's or Board staffs determination of the successful bidder(s), Board staff
will notify the successful bidder(s), if any. The State Land Board reserves the right to require a best and
final bid on each of these transactions. Participation in the bidding process does not create any rights
until the Board has approved the successful bidder(s) and a contract has been fully signed by both parties.
A more detailed description of the above -described State Property and additional information and
bid application forms can be obtained online at:
colorado.gov/statelandboard/proposals-bids
The State Land Board has not made, does not make, and specifically negates and disclaims any
representations, warranties, promises, covenants, agreements, or guaranties of any kind or character
whatsoever, whether express or implied, verbal or written, past, present, or future, of, as to, concerning or
with respect to the State Property including, but not limited to: (a) the value, nature, quality, or condition
of the State Property, including, without limitation, the water, soil, and geology; (b) the income to be
derived from the State Property; (c) the suitability of the State Property for any and all activities and uses
which successful bidder(s) may conduct thereon; (d) the compliance of or by the State Property or its
operation with any laws, rules, ordinances, or regulations of any applicable governmental authority or
body; (e) the habitability, merchantability. marketability. profitability, or fitness for a particular purpose
of the State Property; or (f) any other matter with respect to the State Property.
The successful bidder(s) will be required to cooperate with the Board in complying with the
mandates of CRS § 36-1-1 18(4)(a) and (b) and § 36-1-119.
Newspaper: Greeley Tribune
Publication Dates: June 10th, 17th, 24th. and July 1, 2020
Transaction: TRXN 20-002 NORTH MASTERS EXCHANGE
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