HomeMy WebLinkAbout750354.tiff RESOLUTION
RE: EXTENSION RIDER WITH UNION PACIFIC RAILROAD COMPANY
COVERING LEASE OF SITE AT PECKHAM, COLORADO
EXPIRES DECEMBER 31 , 1978 :
WHEREAS , the Union Pacific Railroad Company has tendered
to the County of Weld, State of Colorado, an agreement extending
to and including December 31, 1978 , the term of that certain
lease dated February 11, 1929 , C. D. No. 5845-D 4 , as extended
whereby the Railroad Company leased to the County of Weld, State
of Colorado, a portion of its right-of-way at Peckham, Colorado,
for highway material yard, and
WHEREAS , the Board has said proposed agreement before it
and has given it careful review and consideration, and
WHEREAS, it is considered that the best interests of said
County will be subserved by the acceptance of said agreement.
NOW, THEREFORE, BE IT RESOLVED, by the Board of County
Commissioners , Weld County, Colorado, that the terms of the
agreement submitted by the Union Pacific Railroad Company as
aforesaid be and the same is hereby accepted; that the Chairman
of the Board be and is hereby authorized to execute said
agreement in behalf of said County; that the Clerk to the Board
be and he is hereby authorized and directed to attest said
agreement and to attach to each duplicate original of said
agreement a certified copy of this resolution.
The above and foregoing Resolution was, on motion duly
made and seconded, adopted by the following vote on the 17thday
of December , A. D. , 1975 .
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
u 4 t, J O4G�*til�;3a —
ATTEST: o!. ' +� C
Weld County Clerk and Recorder
and\Clerk to the Board-
BY:,(
Deputy County , lerk
;A PROVED) AS TO FORD
COUNTY ATTORNEY > l `
750354
LHR 124
Form 2552
9.75-2M
UNION PACIFIC RAILROAD COMPANY
121 WEST 15TH STREET
CHEYENNE, WYOMING 82001
M. E. MERRITT
SUPERINTNEDENT
Cheyenne, Wyoming
December 8, 1975
CD 5845-D
Ms. Wilma Adams
Deputy County Clerk
Board of County Commissioners
Weld Coutny
9th Avenue & 9
Greeley, Colorado 80631
Dear Ms. Adams:
Please refer to agreement CD 5$45-D ,between Union
Pacific Railroad Company and County of Weld covering lease
of a portion of the Railroad Company's right of way to be
used for highway purposes at Peckham, Colorado.
Kindly execute the attached duplicate originals
of Renewal Rider and return to me.
Your attendion is directed to resolution to be
passed by the County, a form of which is attached to the
proposed rider.
Yours truly,
e /G'✓s-19
M. E. Merritt
Superintendent
9-dw
atts.
from the office of Greeley, Colorado
THE BOARD OF COUNTY CL _4ISSIONERS December 18 , 19 75
WELD COUNTY, COLORADO
Mr . M. E. Merritt
Union Pacific Railroad Company
121 W. 15th St.
Cheyenne, Wyoming 82001
Dear Mr. Merritt:
Enclosed you will find the duplicate originals of a
renewal rider executed by Weld County, Colorado. We did,
however, approve our own resolution rather than the one
sent by you. A copy of said resolution is attached.
Please return a signed copy of the rider to us for our
files . If you have any questions , please contact us .
THE BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, CO 0RADO
S. LEE SHEHEE, O12.
COUNTY CLERK & RECORDER AND
CLERK TO THE BOARD
By:
Enc . Deputy County Clerk
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RESOLUTION
WHEREAS , UNION PACIFIC RAILROAD COMPANY has tendered to
the COUNTY OF WELD, STATE OF COLORADO, an agreement renewing for
a period of five years commencing January 1, 1974 , contract dated
February 11, 1929 , leasing to the County for highway purposes a
portion of the Railroad Company' s right of way at Peckham, Colorado;
such agreement being identified as Union Pacific Railroad Company' s
C.D. No. 5845-D-5; and
WHEREAS , the Board of County Commissioners of
Weld County, Colorado, has said proposed agreement be-
fore it and has given it careful review and consideration ; and
WHEREAS , it is considered that the best interests of
said County of Weld, ;state of Colorado,
will be subserved by the acceptance of said agreement;
THEREFORE , BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF WELD COUNTY, COLORADO:
That the terms of the agreement submitted by Union
Pacific Railroad Company as aforesaid be and the same hereby are
accepted in behalf of said County;
That the Chairman of the Board of County Commissioners
of said County hereby is authorized, empowered and directed to
execute said agreement on behalf of said County, and that the
County Clerk hereby is authorized and directed to attest said
agreement and to attach to each duplicate original of said
agreement a certified copy of this resolution.
STATE OF COLORADO
ss
COUNTY OF WELD
I, , County Clerk of the
County of Weld, State of Colorado , hereby certify that
the above and foregoing is a true, full and correct copy of a
resolution adopted by the Board of County Commissioners of the
County of Weld, State of Colorado , at a meeting held
according to law at Greeley, Colorado , on the
day of , 19 , as the same
appears on file and of record in this office.
IN TESTIMONY WHEREOF, I have hereunto set my hand and
affixed the seal of the County of Weld, State of Colorado
this day of , 19
•
Res (Seal)
• Cnty County Clerk of the County of
Weld, State of Colorado.
Form 2552
9.7 b4M
UNION PACIFIC RAILROAD COMPANY
OFFICE OF SUPERINTENDENT
WYOMING DIVISION
121 W. 15th St.
Cheyenne, Wyo. 82001
Jan. 8, 1976
CD 5845—D
Ms. J. L. Heimbrick
Deputy County Clerk
Board of County Commissioners
Weld County
9th Avenue & 9
Greeley, Colorado 80631
Dear Madam:
This refers to previous correspondence regarding renewal
of agreement CD 5845—D covering lease of a portion of the Railroad
Company's right of way to be used for highway purposes at Peckham,
Colorado.
Herewith fully executed counterpart of instrument CD 5845—D-5
for your file. Please sign and return Acknowledgement of Receipt,
also attached.
Yours truly,
M. E. Merritt
Superintendent
9—lc
atts
WELD COUNTY CF°44 SSo
�r''-1�if ,wLLs
r JAN 1 >.
10
--,,,p_ . _'cL-o.
_ i?i. t .
Form 2214 574-5M
RENEWAL RIDER Esc,.: C
C . D.No5845-D-5
A-36476 C.D. 5845—D
To be attach-ic,l to a-n No.
Audit No. -_ - . ---- -. --- - _..._._-_ __. __
. . Na._._.__ - --' ----.._--... .__-_ _._. - - ---- No'----. ._ --- -----__. ...-_ -
I3etween UNION PACIFIC RAILROAD COMPANY and COUNTY OF WELD, STATE OF
COLORADO
Present assignee (if any' — —
lease of a portion of the Railroad. Company' s right of way to
Covering be used for highway purposes ,
Peckham, Colorado.
Location
Feb. 1l 1929 Jan.1 , 1929 Dec . 31 , 1933
Dated ` -- Effective Date Expiration (C rbtinal,
Expiration (b-e latest extension) December 31 , 1973.
IT IS HEREBY MUTUALLY AGREED by and between the present parties to the above-named agreement.
that said agreement, which by thi' refercure is made a part hereof, is hereby achap ed by said parties as their aorec-
nicnt for a te- i h�� t r n 'January i 79 19 and extending to and incindine
Lj -C�I°t �L' -31 , 19 t and that all the terms and conditions of said agreement, as
heretofore or herein supplemented and/or amended, shall have the same force and effect and be as binding upon the
parties hereto during said term as if the same were repeated herein said aycement with the supplements an ,oi cr
amendments cif any' to be subject to termination prior to the expiration of the term herein named in the same
manner as is provided therein for termination prior to the expiration of the term thereof.
In consideration of the extended term herein provided, the County
c'Ct1,'1 {ateoof
of Weld, Sp Colorado, shall pay to Union Pacific Railroad Company upon the
execution and delivery of this instrument the sun of one dollar ($1.00) and shall,
during such extended term, keep, observe and perform all of the covenants and agree-
ments set out in the above mentioned agreement as a consideration for the making
thereof.
Dated December 17 19 75 Made in duplicate.
UNION PACIFIC RAILROAD COMPANY,
Witness:
i
F
Ac By6- 1 ' � -_--J. - `GenPrai Manager
Attest: COUNTY OF WELD, STATE OF COIJDRADO,
♦' -(Seal) BY
Cler --- P�rd of--oiuity
f* (k,t i,,, :t1(2ptY
ti)lk cL tip. c Commissioners
I
1
p✓1 [ '
, 1 " �) OF I ICE Of 1ti'I=LU (;1)UMY CLERK AND RECORDER
; )y DLI AR CMLN1 OF CLERK TO BOARD
22E
PHONE 13031 356-4000 EXT. 22QX
C. P.O BOX 459
GREELEY, COLORADO 80631
COLORADO
March 9 , 1979
Union Pacific Railroad Company
C.O. Durham
Director - Real Estate
1416 Dodge Street
Omaha, Nebraska 68719
RE: CD-5849-D
Dear Mr. Durham,
We are returning your renewal lease proposal sent to
us on December 28, 1978. We have researched our files and
determined that Weld County no longer needs this portion of
railroad right-of-way for highway purposes at Peckham, Colorado.
The portion of land covered by this lease is now being utilized
by the Colorado State Highway Department.
Please contact Mr. Denny M. Graham, District Right-of--
Way Engineer for the Colorado State Highway Department, 1420
2nd Street, Greeley, Colorado 80631, regarding the future
enactment of said lease.
If we may be of any further assistance, please do not
hesitate to contact us.
Sincerely,
WELD COUNTY CLERK AND RECORDER
AND CLERK TO THE BOARD
e, ;ice .
Mary Ann Feuerstein
BY:
/:17t/ .7i ll',l('!n'-
Keitha Hubbard
KH:bf /Deputy County Clerk
cc: Denny M. Graham
Enc.
UNION PACIFIC RAILROAD COMPANY
1416 DODGE STREET
G O.DURHAM LI ION OMAHA,NEBRASKA 68179
DIRECTOR-REAL ESTATE mclflt
'ill''
March 7 , 1979
CD 5845-D
Ms. J. L. Heimbrick
Deputy County Clerk
Board of County Commissioners
Weld County
9th Avenue and 9th
Greeley, Colorado 80631
Dear Ms. Heimbrick:
Please refer to my letter of December 28 , 1978 and
January 31, 1979 concerning agreement C.D. No. 5845-D between
Union Pacific Railroad Company and the County of Weld covering
lease of approximately . 01 acres of Railroad Company right
of way for highway purposes at Peckham, Colorado which expired
December 31, 1978 .
Are you now able to advise this office if Weld County
wishes to extend this agreement in accordance with the terms
of my letter of December 28 , 1978 .
Your early response will be appreciated.
Very truly yours,
WEED C0UI -y- S'� n
UNION PACIFIC RAILROAD COMPANY
C.O.DURHAM 1416 DODGE STREET
ASSISTANT DIRECTOR-REAL ESTATE OMAHA,NEBRASKA 68179
UNION
PACIFIC
IIIIII
January 31, 1979
CD-5845-D
Ms. J. L. Heimbrick
Deputy County Clerk
Board of County Commissioners
Weld County
Ninth Avenue and Ninth
Greeley, Colorado 80631
Dear Ms. Heimbrick:
Please refer to my letter of December 28 , 1978
concerning agreement C.D. No. 5845-D between Union Pacific
Railroad Company and the County of Weld covering lease of
approximately . 01 acres of Railroad Company right of way for
highway purposes at Peckham, Colorado which expired December 31,
1978 .
Will you please advise this office if Weld County
wishes to extend this agreement in accordance with the terms
of my letter .
Your early response will be appreciated.
Very truly yours,
001454
MEN° ct*
ocAP
pa
UNION PACIFIC RAILROAD COMPANY
UNION 1016 DODGE STREET
G.O.DURHAM PAC"'C OMAHA,NEBRASKA 68179
�4IIIIIMIn DIRECTOR-REAL ESTATE V I I I
December 28, 1978
CD-5845-D
Ms. J. L. Heimbrick
Deputy County Clerk
Board of County Commissioners
Weld County
9th Avenue and 9
Greeley, Colorado 80631
Dear Ms. Heimbrick:
Please refer to agreement C.D. 5845-D between Union
Pacific Railroad Company and the County of Weld covering lease
of approximately . 01 acres of Railroad Company right of way
for highway purposes at Peckham, Colorado which expires by
latest extension December 31, 1978.
In the past, our leases were prepared on an individual
basis, generally for a 5-year term. Extension or renewal of
these agreements for a further 5-year term required individual
negotiations which, of course, were costly and time consuming.
Therefore, rather than extending our former leases for a period
of five years as we have in the past, we have adopted a new
standard highway lease agreement which we are implementing
on a system-wide basis. The new agreements are prepared for
a standard 25-year term.
In order to further expedite the handling of these
leases, we have standardized our highway lease rentals and
allowed for a discounted lump sum rental payment as follows:
Total Rental for 25-year Discounted
Lease Area Rental term if invested at 7% Rental Rate
1.00 to 4 .99 ac. $100. 00 per year $ 6 ,325.00 $1, 165. 00
5 .00 to 10 .00 ac. $200. 00 per year 12,650. 00 2,330. 00
As further information, for areas less than one acre
we propose a one-time lump sum payment of $300.00 and for areas
greater than 10 acres we propose individual negotiations based
on present-day land values in order to establish a fair rental
rate and still maintain rental continuity. In line with the
above, rental for the . 01 acres occupied by the county road,
for a further 25-year term will be $300 for the entire term,
payable in advance.
Upon receipt of your favorable consideration of this
proposal, I will recommend to our Management that Union Pacific
enter into a 25-year highway lease agreement with The County
of Weld, State of Colorado on the basis described above.
Very truly yours,A
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