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HomeMy WebLinkAbout20182702.tiffCERTIFICATE OF CONVEYANCES STATE OF COLORADO COUNTY OF WELD WELD COUNTY DEPARTMENT OF PLANNING SERVICES The.6.+' t (Kit TITLE INSURANCE or ABSTRACT COMPANY hereby certifies that it has made a careful search of its records, and finds the following conveyances affecting the real estate described herein since August 30, 1972, and the most recent deed recorded prior to August 30, 1972. LEGAL DESCRIPTION: A. iZ `5 EX/ 4,4 Y 3 ") Vy 5 the NI 16/ Tow x5k; JUDO -kJ J Gt, n.� C� Cc.J- 5 of -Ike t . d to CONVEYANCES (if none appear, so state): Al O I 3I e 0 Co/ 0 ra,6 kek_5 cLoKt- 6 5-76,, Reception No. Book Reception No. Book Reception No, Book Reception No. Book Reception No. Book Reception No, Book Reception No. Book Reception No. Book The certificate is made for the use and benefit of the Department of Planning Services of Weld County, Colorado. This certificate is not to be constructed as bstract of Title nor an opinion of Title, nor a guarantee Title and the liability of 5 1t2 a.01- - ) ` ' COMPANY, is hereby limited to the fee paid for this Certificate. In Witness Whereof, COMPANY, has caused this certificate to be signed by its proper officer this .... 3 day of All i ' , 20 / , at //4 -./ Company By: ignature ature CENTEKP®INT INTEGRATED SOLUTIONS September 5, 2017 Michael Hall Weld County Department of Planning Services 1555 N 17th Avenue Greeley, CO 80631 RE: Platteville Solar CSG, LLC USR Application Dear Mr. Hall: Attached is our application for the above referenced project. Please note the following: • Lease agreement from the State is being submitted as Owner's authorization • Water and sewage are not required. Therefore, evidence of adequacy is not being submitted. • In addition to the USR Application, we are submitting a Partial Vacation request consisting of a request letter and a map. Should you require additional information to process for completeness review, please do not hesitate to contact me at 303-679-6962. Sincerely Fred Banfield, PE 355 Union Boulevard I Suite 301 I Lakewood, Co 80228 1303.670.4111 I Fax: 303.670.4172 www. cen terpoint-is. corn State of De33were Smeta!of State STATE] of DELAWARE Dltilslon of Coi•Voral#ons DeliveLIMITED LIABILITY COMPANY FILED 2:42 8107/130166 FILED 02:42 B107/13016 CERTIFICATE of FORMAT QN SR 20164894355 - File Number 6495946 First: The name of the limited liability company is l a.tittevj lie s c) ar C G LLC Second The address of its registered office in the State of Delaware is., 1209 ra e Stine in the City of . The name of its Registered agent at such address is Cornea Third; (Use this paragraph only if thecompany is to have a specific effective date of dissolution: "The latest date on which the limited liability company is to dissolve is Fourths (inset ail other matters the members determine to include herein. The in tia1 maxragert of the LLC are Bteot Beerley and ExLC Blank. In Witness Whereof, the undersigned have executed this Certificate of Formation this day of, -v By: Authorized Peron (s) Name; Er)..c Blau PLATTEVILLE SOLAR CSG LLC DELEGATION OF MANAGEMENT AUTHORITY March 6, 2018 ("Authorization Date") The undersigned being a Manager of Platteville Solar CSG LLC, a Delaware limited liability company (the "Company") does hereby consent to and approve the delegation of the powers and authority listed below to Tyson Taylor ("Special Manager"), and grants said Special Manager the authority to represent Company in accordance with the below. Said Special Manager's authority is limited to the powers granted herein and said Special Manager shall not have any authority to act on behalf of the Company otherwise. Special Manager shall be authorized to represent Company for purposes of negotiating agreements and communicating with (i) landowners, (ii) governmental entities and (iii) public utilities (the "Authorized Actions"), provided, however, that a Manager of Company shall be required to execute any such agreement in order to bind Company thereto. The Company's Manager is aware that Special Manager may have performed some or all of the Authorized Actions prior to the Authorization Date. The Company's Manager therefore hereby approves and ratifies all Authorized Actions performed by the Special Manager prior to the Authorization Date as if such Authorized Actions had been performed by Special Manager pursuant to the authority granted by this document. The Special Manager is authorized and instructed to present a copy of this instrument to any person or entity (including, without limitation, landowners, title insurance companies, banks and consultants) to evidence the Company's Manager's consent to the foregoing. IN WITNESS WHEREOF, this instrument has been executed by the Company's Manager as of the day and year first above written. Platteville Solar CSG LLC, a Delaware limited liability company By: _ Eric Blank, Manager 1A Tr. Orr.'OL. OR \[)OO S"I AlI. 13(.),1121) OF 1. AN CO 1SSIONI.l0; NO. O'T — 1 1 1096 Solar Energy Planning Lease THIS LEASE is entered into at Denver, Colorado. this 15` day of June, 2017 , by and between the State of Colorado, acting through its State Board of Land Commissioners ("Board"), whose address is 1127 Sherman Street, Suite 300, Denver, CO 80203, and Community Energy Solar ("Lessee", whether one or more), as PLATTEVILLE SOLAR CSG LLC, whose address is Three Radnor Corporate Center, Suite 300, Radnor PA 19087. 1. DESCRIPTION OF THE PREMISES The Board leases to the Lessee and Lessee teases from the Board, exclusively for the purposes indicated below, the trust lands, in the County(s) of Weld, Colorado, described as follows (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: SUBDIVISION - SECTION - TOWNSHIP - RANGE , P.M. - ACRES A portion of the E2 16 3N 66W 6TH 15 Total 15 acres 2. CONDITION OF LEASED PREMISES Lessee represents that Lessee has had an opportunity to inspect the Premises prior to entering into this lease, and Lessee accepts the Premises in their present condition and acknowledges that the Premises are in all respects suitable for the purposes permitted. The Board disclaims any and alt 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 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 A. The use of the Premises shall be limited to solar energy development studies. Lessee shall 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 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 solar panels and related power generation facilities, meteorological towers, and solar measurement equipment; and undertaking any other activities that Lessee reasonably determines are Roke,l \I U 1, IQ. :HI 5. Page 1 of 16 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. B. No activities are allowed or shall commence on the Premises without first obtaining written approval of the Board for such activities. Lessee must provide information to the Board sufficient for the 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 activities that will occur on or impact the surface. The Board may require changes to Lessee's proposed work activities. 4. LEASE TERM This lease is effective for a term of two (2) years, being from June 1, 2017 until the 31st of May 2019, (the "Initial Term") subject to the covenants and agreements herein. 5, EXTENSION TERM The Board and the Lessee may agree to an extension of this lease for a period up to one (1) additional year (the "Extension Term") on terms and conditions set forth by the Board and agreed to by both parties provided a notice of intent to enter into such extension shall be given in writing to the 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 leased during the Extension Term. Lessee may not reduce the size of the leased Premises by less than contiguous tracts of approximately 160 acres or Governmental lot corresponding to a quarter section. The 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 the sum of Two Thousand dollars ($2,000.00). 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 Board of Land Commissioners, Denver, Colorado. 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 a Solar Energy Production Lease by giving the 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 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 Board for a Solar Energy Production Lease during the It :Alarch I0.:201 Page 2 of 16 Term of this lease, subject to the terms and conditions contained herein and subject to the approval of the Board. C. Conditions Lessee must provide and have in place the following information, documentation, permits, plans, approvals, etc., and provide the same to the Board as a condition of and before the Board will consider allowing the exercise of the Exclusive Right to Negotiate and the granting of a Solar Energy Production Lease. 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 o.f 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 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 status of the appropriate county land use permit, a copy of which must be provided to the 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 lease that they realize the Premises may have active agricultural leases and/or other use leases at present and the Board is required to give a one-year notice of cancellation of any part or all of the agricultural lease prior to the construction of IZoi, d \I;v !t 10_ _1115 Page 3 of 16 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. INSURANCE The Lessee at its sole cost and expense, shall during the entire term hereof procure, pay for and keep in full force and effect the following types of insurance: A. Property Insurance A policy of property insurance covering all insurable Authorized Improvements located on the Premises (except for land, foundation, excavation, and other matters normally excluded from coverage), in an amount not less than necessary to comply with any co-insurance percentage stipulated in the insurance policy. Such insurance shall afford protection against at least the following: (i) loss or damage from fire and other perils normally covered by the standard extended coverage endorsement; and (ii) such risks as shall customarily be covered with respect to projects similar in construction, location and use, including all perils normally covered by the standard "all risk" endorsement where such is available. B. Liability Insurance A comprehensive policy of public liability insurance covering the Authorized Improvements and Premises insuring the Lessee in an amount not less than that necessary to protect the Board from its maximum liability under the Governmental immunity Act, CRS §24-10-114, and covering bodily injury, including death to persons, personal injury and property damage liability. Such coverage shall include, without limitation, legal liability of the insured for property damage, bodily injuries and deaths of persons in connection with the operation, maintenance or use of the Premises. C. Other Risks In addition, the Lessee shall obtain insurance against such other risks of a similar or dissimilar nature, as the Board shall deem appropriate. D. General Provisions of Insurance Policies i AU policies of insurance carried by the Lessee shall name the Lessee as insured and all liability policies carried by the Lessee shall name the Board as additional insureds. ii. The policy shall contain a provision that it cannot be cancelled or materially altered either by the insured or the insurance company until thirty (30) days prior written notice thereof is given to the Lessee and the Board. The Lessee shall furnish to the Board the annual Certificate of Insurance which must reference both this lease number and the legal description of the Premises. iii. No policy of insurance shall include a deductible clause in an amount greater than $500 or 1% of the face amount of the policies. iv. Under CRS 24-10-114, the liability insurance coverage must be in the amount of at least $600,000.00 per incident for each lease held by the Lessee. Lessee will be notified if this amount is changed by the State of Colorado. hit e-,rd\Loch IQ. '_tire Page 4 of 16 v. Notwithstanding anything to the contrary contained herein, the Lessee's obligation to carry insurance as provided herein may be brought within the coverage of a "blanket" policy or policies of insurance carried and maintained by the Lessee, so long as such policy(s) segregates the amount of coverage applicable to the Premises. 9. RESTORATION 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 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 Board. The bond shalt consist of cash, bank certificate of deposit, or other sureties as may be approved by the Board. However, if the bond is other than cash, the bond must be in a form that will guarantee payment in cash to the Board upon receipt by any bank or insurance company of written demand by the Board, without further condition. Lessee shall commence restoration work not less than six months prior to the expiration of this tease. The Board shall return the bond to the Lessee if and when it deems that the Premises have been restored or revegetated to the required conditions. 10. CONSTRUCTION OF IMPROVEMENTS A, No improvement shall be placed on the Premises by the Lessee without prior written authorization of the Board. Lessee may request in writing, permission to construct temporary improvements related to planning and research for potential solar energy development. The 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 Board when the Board is considering authorization of improvements. Improvements placed upon the Premises by the Lessee with the Board's written authorization shall be referred to herein as "Authorized Improvements". B. Upon the termination of this lease, and provided Lessee is not then in breach of or in default under this lease, all Authorized Improvements and other property of Lessee shall, 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 lease shall be deemed abandoned and may, at the Board's option, be removed by the Board at the Lessee's expense, retained by the Board for use by subsequent lessees, or sold by the Board with all proceeds going to the Board. The Board shall be entitled to recover from the Lessee the costs of removing any improvements and personal property pursuant to paragraph 21 of this lease. Lessee shall not be entitled to sell, remove, atter or receive compensation for any Authorized Improvements or property at anytime the Lessee is in default or breach of any term, provision or covenant of this lease. D. Ownership of Authorized Improvements Upon Premises The 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. k i,cd \ruLh I'r_ 20 Page 5 of 16 11. OPERATIONS A, No more of the surface of the Premises shall be disturbed than is reasonably necessary for the purpose for which this lease is issued. B. This lease 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 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 shalt 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 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. G. No refuse, waste, or litter of any kind shall be left on the land by Lessee. H. Lessee shalt 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, shall be sold by the Lessee unless purchased from Board. 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. • O. 701'5 Page 6 of 16 0. Any uses or activities not within the scope of this lease are not allowed unless prior written approval from the Board is granted. P. There shall be no disposal of sewage, liquid or solid waste on the Premises by Lessee, unless approved by the Board during the lease term. Any project plans that require disposal of sewage shall comply with applicable laws and regulations and he approved by the 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. 12. NO PARTNERSHIP Nothing in this lease shall cause the 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 Board to any obligation, loss, charge or expense connected with or arising from the operation or use of the Premises or any part thereof. 13. MAINTENANCE AND REPAIR The 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. AU repairs made by the Lessee shall be at least equal in quality to the original Authorized Improvements. 14. 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 Board prompt notice of such occurrence and shall promptly proceed with due diligence to repair, restore, replace or 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 shalt be previously approved in writing by the Board. If Lessee fails to repair, restore, replace or rebuild, Lessee shall be liable and agrees to pay the Board or the 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 wells, 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. 15. 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 well 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 shalt be borne by the Lessee and Itsti 2t)I Page 7 of 16 not by the Board so that the rental return to the 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. 16. INSPECTION RIGHTS The 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 Board a non -revocable license for such access aver and across Lessee's other lands during the term of this lease. 17. LIABILITY AND INDEMNITY The Board shall not be liable to the Lessee, its agents, employees, invitees, patrons or any other person whomsoever, for injury to or death of any person or damage to or loss of property in, upon or adjacent to the Premises or other property contiguous or appurtenant thereto, which may arise during the Lessee's development, use or occupancy of the Premises or by any person so doing through or under the Lessee or with its permission, express or implied. The Lessee further waives any claim against the Board regarding the Board's approval or disapproval of any plans or specifications whether or not defective. The Lessee agrees to indemnify the Board, to the extent allowed by law, and save it harmless against and from any and all claims by or on behalf of any person(s), firm(s), corporation(s) arising from the conduct or management of or from any work or thing whatsoever done on or about the Premises and to indemnify and save the Board harmless against and from any and all claims arising during the term hereof from: (i) any of those matters specified in this Article; (ii) any breach or default on the part of the Lessee hereunder; and (iii) any act or omission of the Lessee or any of its agents, contractors, servants, assignees, employees, invitees or licensees, on or about the Premises or other property contiguous or appurtenant to the Premises, including all costs, attorneys fees, expenses and liabilities incurred in or about any such claim or any action or proceeding brought thereon; and in case any action or proceeding be brought against the Board by reason of any such claim upon notice from the Board, the Lessee covenants to promptly effect the dismissal thereof or to diligently resist and defend such action or proceeding by counsel satisfactory to the Board, at the sole cost and expense of the Lessee. This provision shall survive the termination, cancellation, surrender, or relinquishment of this Lease and any cause of action by the Board to enforce it shall not be deemed to accrue until the Board's actual discovery of said liability, claim, loss, damage, or expense. 18. RESERVATIONS TO THE 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 Board hereby reserves: The right to sell, exchange, or otherwise dispose of all or any portion of the Premises during the term of this lease, Elrsiw'd \-Imch 10._'01; Page 8 of 16 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, All water, water rights, ditch rights, water stock and/or ditch stock appurtenant to or used in connection with the Premises including wells, rights in ditch, water in canal organizations or companies. All such uses shall be and remain the property of the Board. The Lessee may not explore, drill, or establish any water use right or well without written permission of the Board. If the Lessee establishes or adjudicates any water right or use on the Premises, it shall be in the name of the Board. Water rights and any improvement required to bring this water to the surface shall become the property of the Board, without cost, upon termination of this Lease for any cause whatsoever allowed by the terms herein. Under no circumstance may ground water be withdrawn without first having secured the permission of the Board. Additional payment may be required for the use of any waters as may be defined as tributary or non -tributary allowed by terms herein. 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 shall 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 shalt 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. 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. All rights, privileges and uses of every kind or nature not specifically granted to Lessee by this lease. The right to dispose of surface where the Board is the surface owner subject to the terms and conditions of this lease. 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 This lease shall be binding on the parties hereto, their heirs, representatives, successors and permitted assigns. This lease shall not be assigned, transferred or sold, voluntarily or by operation of law, without the prior written consent of the 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 shall be at the Board's sole discretion and upon such terms and conditions as determined by the Board. Inc 'i it March t I. ?tl I Page 9 of 16 Assignment or other transfer without written consent of the Board shall not result in a novation of this lease, and shall, nevertheless, make the assignee responsible and liable, along with the Lessee, for performing this lease. The acceptance by the Board of any payment due hereunder from any person other than the Lessee shall not be deemed a waiver by the Board of any provision of this lease or to be consent to any assignment. Subleasing, encumbering, pledging or otherwise transferring this lease is expressly prohibited under the terms of this lease. The Board's approval of an Assignment shall 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 lease without the written consent of the 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 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 shalt 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 Board hereunder or by the law provided, the 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 lease shalt terminate and the Lessee shall immediately surrender possession of the Premises to the Board according to the terms of the "Surrender" section of this lease. In such event of termination the Board shall be entitled to recover from the Lessee: a. The unpaid rental, taxes and damages which have accrued up until the time of termination together with interest; and b. Any other amount necessary to compensate the Board for the Lessee's failure to perform its obligations under this lease or which would be likely to result therefrom, including, but not limited to, the cost of recovering possession of the Premises, expenses of reletting, ItrtI'ed?n15 Page 10 of 16 including necessary repair, renovation and alteration of the Premises, reasonable attorneys fees, and any other reasonable costs. c. 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 Board until paid by the Lessee, ii. Rental During Unlawful Detainer. In any action for unlawful detainer commenced by the 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 Board, including those not specifically described, shall be cumulative, and the 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 lease, the Lessee shall peaceably and quietly leave, and surrender possession of the Premises to the 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 Board, become the property of the Board. In addition, 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 lease. 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 anytime 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, 42USC9601. 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 Board's prior written permission. C. The Lessee shall immediately notify the Board of all spills, releases, inspections, correspondence, orders, citations, notices, fines, response and/or cleanup actions, and violation of laws, regulation ordinance which affect the Premises. or 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 Board against the same. Ret isoLl Mitrdi Page 11 of 16 23. CONDEMNATION A. If all of the Premises are taken by any public authority under the power of eminent domain, this lease shall 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 Board or the Lessee, it is not economically feasible to continue this lease, 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 Board nor the Lessee elects to terminate this lease the payment due under this tease 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 Board -owned improvements thereon, shall belong to and become the property of the Board, and the Lessee hereby disclaims and assigns to the Board any and all claims to such award. The 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 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 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 attorneys fees and all costs and expenses in connection herewith. B. Rights to Contest Notwithstanding the foregoing, if the Lessee shall in good faith contest the validity of any such lien, then the Lessee shalt at its sole expense defend itself and the 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 Board or the Premises, upon the condition that if the Board shall require, the Lessee shall furnish a surety bond satisfactory in form and amount to the Board. Said bond shall not be less than one hundred twenty percent (120%) of such contested lien indemnifying the Board against liability for the same, and holding the Premises free from the effect of such lien. Page 12 of 16 C. Posted Notice The Lessee shalt, upon execution of this lease at its cost, prepare a Notice, pursuant to CRS 538-22-105, and cause the same to be posted for the purpose of protecting the 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 Board's Liens To secure the payment of any Rental that becomes due, and to satisfy all reasonable costs and fees incurred by the Board in recovering said Rental, the 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 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 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 Board of alt 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'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 duly authorized to execute and deliver this lease lies ix t \hitch IQ, 'n}; Page 13 of 16 on behalf of said entity and that this lease is binding upon said entity in accordance with its terms. The Lessee shall deliver a certified copy of the appropriate document evidencing authorization for such execution. E. Entire Agreement This lease 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 lease. 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 shall be a breach of this lease. H. Governing Law and Venue This lease shall be governed by and construed in accordance with the laws 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 shall 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 lease 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: Attorneys Fees in the event that the Board shall, without fault on the 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 Rohe('\I.I I1 r‘).?I}I, Page 14 of 16 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 Board harmless from and against any judgment rendered against the Board or the improvements or any part thereof, and all costs and expenses, including reasonable attorneys fees, incurred by the Board in or in connection with such litigation. This provision shall survive the termination, cancellation or relinquishment of this lease. L. 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 Board. Discovery of a suspected site or resource shall be immediately brought to the attention of the Board and the State Archaeologist. 26. HOLDING OVER If Lessee remains in possession of the Premises after the termination of this lease (by expiration or otherwise) Lessee shall 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 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 long 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 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 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 Board against Lessee shall be deemed to survive the termination, relinquishment, surrender or abandonment of this lease until all claims and issues have been settled or resolved. 28. BOARD'S AUTHORITY This lease is entered into pursuant to the authority granted to the Board by Colorado state law. 29. ADDITIONAL CONDITIONS Additional conditions, if any, are set forth below or on an attached rider, and made a part hereof. 30. NO WAIVER No failure by either party to exercise and no delay in exercising any right, power or privilege hereunder wilt 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. Rot ihed larch Po. 20 Page 15 of 16 IN WITNESS WHEREOF, the Board and the Lessee, by their signatures below, agree to the terms of this tease: Lessee: Signature individually and as Manager Lessee: Position Signature Eric Blank Printed Name of Platteville Solar CSG LLC individually and as of Position STATE OF , COLORADO BY THE STATE/t5uJARD OF LAND COMMISSIONERS --,--yr^ Entity Printed Name Appro\ d: Page Bolin, Renewable Energy Program Manager Application Humber 3.168 1{0 kcd Page 17 of 17 Entity 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.sos.state_co.us. Colorado Secretary of State Date and Time: 02/07/2017 12:52 PM ID Number: 20171107556 Document number: 20171107556 Amount Paid: $100.00 A130VL SPACL 1DR OI ICL USL 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 20171 107556 Entity name True name (if different from the entity name) (Colorado Secretary of State ID number) Platteville Solar CSG LLC 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 Three Radnor Corp Ctr Suite 300 Radnor (Street number and name) (City) PA 19087 (State) (ZIP.Postal Code) United States (Province — if applica ble) (Country) Mailing address (leave blank if same as street address) (Street number and name or Post Office Box information) (City) (State) (ZIP.Postal Code) (Province —it a pplicable) (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) The Corporation Company (Caution: Do not provide both an individual and an entity name.) (Middle) (Suffix) AUTHORITY Page I of 3 Rev. 12/01'2011 (First) (Last) Street address Mailing address (leave blank if same as street address) 77OO E Arapahoe Road, Suite 220 (Street number and name) Centennial (City) CO 80112 (State) (ZIP Code) (Street number and name or Post Office Box information) (City) CO (State) (The following statement is adopted by marking. the box.) n The person appointed as registered agent above has consented to being so appointed. (ZIP Code) 5. The date the entity commenced or expects to commence transacting business or conducting activities in Colorado is O2/07/2O17 6. (If a pplicable, 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 (nunrdd/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 Argo Megan (Last) (First) Three Radnor Cor[Ctr, Ste 30O (Street number and name or Post Office Box information) (Middle) (Suffix) Radnor (City) PA 19O87 (State) (ZIP:Postal Code) United States . (Province — if applicable) (Country) (If the following statement applies. adopt the statement by marking the box and include an attachment.) n 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 formlcover sheet. Questions should be addressed to the user's legal, business or tax advisor(s). AUTHOR [TY Page 3 of 3 Rev. 12/01/2011 Hello