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HomeMy WebLinkAbout20172803.tiffRESOLUTION RE: APPROVE REQUEST TO RE -ISSUE STOCK CERTIFICATES FOR SHARES OF STOCK - RURAL DITCH COMPANY WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with a Request to Re -issue Stock Certificate for Shares of Stock from the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Public Works, and to Rural Ditch Company, with further terms and conditions being as stated in said re -issuance, and WHEREAS, after review, the Board deems it advisable to approve said re -issuance request, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Request to Re -issue Stock Certificate for Shares of Stock, from the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Public Works, to the Rural Ditch Company be and hereby is, approved. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 14th day of August, A.D., 2017. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST:diQ;/ � jC.GtO�� Weld County Clerk to the Board eputy Clerk to the Board APPROV ' AS ty At orney Date of signature: a /11-1117 Steve Moreno, Pro-Tem Sean P. Conway arbara Kirkmeyer c -o : RA) ( OT) , cacee) 2017-2803 EG0074 September 19, 2017 PUBLIC WORKS DEPARTMENT 1111 H STREET, P.O. BOX 758 GREELEY, COLORADO 80632 WEBSITE: WWW.CO.WELD.CO.US PHONE (970) 356-4000, EXT. 3750 FAX: (970) 304-6497 Rural Ditch Company Attn: Angie Swanson P.O. Box 119 Longmont, CO 80502 Dear Ms. Swanson, Weld County owns 3.75 shares in the Rural Ditch Company. However, two of the County's original stock certificates cannot be located. The two certificates that we need to replace are 1.5 shares obtained from the Villa at Greeley and 0.25 shares from Slovek et al. New stock certificates for the missing shares are requested. The original documentation demonstrating the County's ownership of these shares is enclosed. Please contact me at (970) 400-3773 if you have any questions. Sincerely, raff Sta ` Engineer Weld County Public Works M'\Water RightsV Pit; (Hokestra)AHokestra Pit Sale`Rural Ditch Share DocumcntstRural Ditch Stock Certificate Letter. dock STATE OF COLORADO) SS COUNTY OF WELD ) CLERK TO THE BOARD PHONE: (970) 400-4225 FAX: (970) 336-7233 1150 O STREET P.O. BOX 758 GREELEY, COLORADO 80632 I, Esther E. Gesick, Clerk to the Board of County Commissioners, in and for the County of Weld, State of Colorado, do hereby certify that the attached copy of Resolution #2017-2803, dated August 14, 2017, is a duplicate of the original Resolution on file in the Weld County Clerk to the Board's office. Attached is the original back-up documentation to the above stated resolution, numbering twenty (20) pages in total. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said County at Greeley, Colorado, this 15th day of September, 2017. CLERK TO THE BOARD BY: DEPUTY CLERK TO THE BOARD Cmt„d- /1)- i3iq OnBase ID # 1319 MEMORANDUM TO: Clerk to the Board DATE: August 3, 2017 FROM: Devin Traff, Public Works Department SUBJECT: BOCC Agenda Proposal to file an approved resolution with the Rural Ditch Company declaring that two of the original stock certificates cannot be located and request that they be re -issued. The two stock certificates that the County needs to replace are 1.5 shares of Villa at Greeley and .25 shares of Slovak et al, for a total of 3.75 shares of stock. Approximate costs are $200.00 for the certificates and $500.00 for publishing. See attached documentation. 2017-2803 M:\Water Rights \_Pit #3 (Hokestra)\I-Iokestra Pit Sale\Rural Ditch Share Documents \ Agenda Item Memo - Rural Stock Certificates.docx BOARD OF COUNTY COMMISSIONERS PASS -AROUND REVIEW/ WORK SESSION REQUEST RE: Re -Issuance of Weld County's Rural Ditch Stock Certificates DEPARTMENT: Public Works DATE: July 12, 2017 PERSON REQUESTING: Devin Traff Brief description of the problem/issue: Weld County is in the process of selling Hokestra Pit along with three and three-quarters (3.75) shares in the Rural Ditch to the Central Colorado Water Conservancy District (Central). To complete the sale of Hokestra Pit, the County must transfer valid stock certificates for its shares in the Rural Ditch Company to Central upon closing. However, two of the original stock certificates for the County shares cannot be located. The two stock certificates that we need to replace are the 1.5 shares of Villa at Greeley and 0.25 shares of Slovek et al. Proof that we own these shares is included as an attachment to this pass around. To obtain new stock certificates, the Board must file an approved resolution with the Rural Ditch Company Secretary declaring the original stock certificates have been lost and request that they be re -issued. The ditch company may require the County to provide proof of ownership, which is attested to by the enclosed copies. Upon verifying ownership of the County shares, the ditch company will publish notice of the demand for re - issuance at the expense of Weld County. The ditch company issues new stock certificates for $100 each, for a total of $200. The Ditch Company has indicated that they do not know the price for publication. However, the publication cost is expected to be under $500. The cost of the publication and the certificate re -issuance will be taken from the Public Works water rights budget. If no contrary claim is made within 30 days after the final publication, the ditch company shall issue duplicate certificates and all rights under the original certificates shall cease. What options exist for the Board? (Include consequences, impacts, costs, etc. of options) 1. Agree to file an approved resolution with the Rural Ditch Company declaring that the stock certificates have been lost and request that they be re -issued 2. Do not file an approved resolution with the Rural Ditch Company declaring that the stock certificates have been lost and request that they be re -issued Recommendation: Public Works recommends approval of this request. Approve Julie A. Cozad, Chair Steve Moreno, Pro-Tem Mike Freeman Sean P. Conway Barbara Kirkmeyer Schedule Recommendation Work Session Other/Comments: Incorporated tinder the Laws of the Stare of Colorado THE RURAL DITCH COMPANY Weld County, Colorado THIS CERTIFIES THAT **The Villa At Greeley, LLC . ** is the earner of *.*.J..{Ys*7.�F .-•• share .s.,„, of The Rural Ditch Company, paid uF in Pali, Company an the surrender of this Certificate, Shares $100.00 each NO 356' transferable only on the Books of the This Meek le subiset to seasa Bent when funds are required b7 the rem many for repair and mahamsaamma or to pay nor in- dbhdnr of lint mel e emaar. or m the arert Maroon. The ,eompenr reserves the rhino to a heft loon the amok reytesenlal W aertifteme for amp muceeemet Laded neon Mid Meek. tie creamier of this steak tan be made en the books Oche 'umvear until all sueesmen a and lodebtsdaeea due at the time of said transfer saw paid in boll. IN WITNESS WHEREOF. the P*esndeut and Secretary have hereunto subscribed their names and caused its corporate Seal to be hereto affixed at Longmont, Colorado thus _.._.............. . ................Y..rim 1!i 0 3 Secretary ►1H STCX= r RJUNISFSR ORDER Schell Studios, Gladey, Cole. May 28 199A_ For value received_..- i t- _hereby sell, assign and transfer unto s . right, title and interest in and to nnP and a ha 1 f ( 1 5 )Tshares of the capital stock of The Rural i?i tch Coznj axiy as evidenced by certificate No 356 __of said company. Anti i t- _hereby authorize and empower the secretary of said company to cancel said certifi arid issue a new certificate or certificates to effectuate this transfer on the books of the company. In Pr John By. obn _ Managing Partner . •: RESOLUTION RE: APPROVE PURCHASE OF 11AA SHARES OF RURAL DITCH COMPANY STOCK - THE VILLA AT GREELEY, LLC, AND AUTHORIZE CHAIR TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter. is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with a Specific Performance Contract. Agreement and Dry Up Covenant between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and A. Bruce Johnson Sales Trust Account, with terms and conditions being as stated in said contract and agreement, and WHEREAS, after review, the Board deems it advisable to approve said contract and agreement, copies of which are attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Specific Performance Contract, Agreement and Dry Up Covenant between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of The Villa at Greeley, LLC, be, and hereby are, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said contract and agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 27th day of May, A.D., 1998. ATTEST: Weld County Clerk twits BY: 980944 BC0026 dc: CA; F/; V, //a ; SAA on BOARD OF COUNTY COMMISSIONERS W, COUNTY, COLORADO Constance L. Harbert, Chair Baxter CaO SPECIFIC PERFORMANCE CONTRACT (Water) de. At 41.4. May 27 , 19 98 RECEIVED FROM County f Weld • Purchaser, the sum of $ 1 pp , in the form of company check , to be bold by A. art4p. Johnson Wee Trust A00Ount Broker, in his escrow or trust account, as earnest money and part payment for the following described water (for water stock state name of company, number of shares, and stock certificate number, for other rights, state name of structure, amount of decree, date of decree, Court decree number, permit number, if any, and legal description of location): One and a half (1.5) shares of the Capital Stock in the Rural Ditch Company as evidenced by Certificate number 352, with all easements and rights of way appurtenant thereto, which property Purchaser agrees to buy upon the following terms and conditions for the purchase price of $ 80,000 , payable as follows: One thousand dollars as earnest money and part payment hereby receipted for by broker, $79,000 on or before May 29, 1998 1. Title shall be merchantable in the Seller and Seller shall provide a copy of the stock certificate(s), or decree(s) if there is no certificate, upon acceptance of this contract. Subject to payment as above provided and in compliance with the other terms and conditions hereunder by Purchaser, Seller shall execute and deliver an assignment of water stock and/or a water deed or other instrument conveying free and clear title to the Purchaser on May 29 , 19 98 , or, by mutual agreement, at an eat TiF date. 2. Seller warrants that title to the water will be conveyed free and clear of all liens, encumbrances, assessments, and leases of any kind, except (any ongoing costs should be apportioned as of the date of closing): Purchaser shall reimburse seller for the 1998 assessments charged by Rural Ditch Company. Purchaser shall pay the Stock Transfer fee required by the Rural Ditch Company. 3. If Purchaser makes payment in any manner other than cash where Seller retains title to the water as security, Seller shall not encumber the water in any manner after the date of closing. 4. If Purchaser makes payment in any manner other than cash where Seller retains title to the water as security, such water stock shall be transferred on the records of the company from Seller to Seller as mortgagee and Purchaser as equity owner. Pur- chaser shall, after closing, be responsible for the payment of all assessments against said stock and Purchaser shall also pay any stock transfer fees. If the water transferred is other that water stock and payment is other than cash where the Seller retains title to the water as security, the water deed or other instrument con— veying fee simple title and warranting the same, shall be given to Purchaser at closing and Purchaser shall execute a Deed of Trust and/or a security agreement naming the water as collateral for the obligation due. 5. The hour and place of closing shall be: Mutually agreed between Purchaser and Seller. II M I ! Iii 11111111111111 2e21111 ee/i7Heu ANA Meld County CO 1 of 2 N e.e0 0 e.00 JA Suki Teukoosta 960944 6. • In the event any diversion structures or other devices necessary for the delivery and use of this water are destroyed or damaged in any way between the date of this contract and the date of closing, this contract may, at the option of the Purchaser herein, be declared null and void and any deposit herein made shall be immediately returned to Purchaser. 7. Time is of the essence hereof and if any payment or any other condition hereof is not made, tendered or performed by either the Seller or Purchaser as herein provided then this contract, at the option of the party who is not in default, may be terminated by such party, in which case the non -defaulting party may recover such damages as may be proper. In the event of such default by Seller, and Purchaser elects to treat the contract as terminated, then all payments made herein shall be returned to Purchaser. In the event of such default by Purchaser, and Seller elects to treat the con- tract as terminated, then all payments made hereunder shall be forfeited and retained on behalf of Seller. In the event, however, the non -defaulting party elects to treat this contract as being in full force and effect, the non -defaulting party shall have the right to an action for specific performance and damages. B. If title to the water is not merchantable and written notice of defect(s) is given by Purchaser or Purchaser's agent to Seller or Seller's agent on or before closing and shall not be rendered merchantable within 30 days after such written notice, then this contract, at Purchaser's option, shall be void and of no effect and each party hereto shall be released from all obligations hereunder and the payments made hereunder shall be returned forthwith to Purchaser. 9. As further consideration Seller agrees to provide Purchaser with and assist Purchaser in obtaining , information showing the historic use of the water delivered and the lands upon which the water was used. 1O. If this approval is accepted by the Seller on or before May ,2 , 19 98 , this instrument shall become a contract between Seller and Purchaser and shall inure to the benefit of ,the heirs, successor and assigns of such parties. 11. Other provisions: a) purchaser has copies of the following:Historic use • affidavit signed by Francis Gregerson; Division office of the State Engineer for Rural Ditch. Diversion from 1950 through 1995; certificate chain of title from Seller back to October 1971; and futher acknowledges the receipt of the Dry Up Agreement on sellers land as further described therein, an intergral part of this contract. 12. Seller agrees to pay a commission of$ ,i/dt//.fiSA 9''X►rply wpff0¢ for services in this transaction. A. Bruce Johnson b ''iates, Ltd, Agent to Seller By: igen Johnson The Villa v- ek�JJ LL(' • Sell Purchaser I �`,-ns�►�+c4- urchaser Board Chairman65/A* lIlihItLJ1mU �OSS � d County CO 2 of 2 R 0.60 D 0.00 .1O idtl Toukomato om Managing Partner O9 AGREEMENT AND DRY UP COVENANT THIS AGREEMENT, made and entered into the 2Z day of May 192$, by and between the County of Weld, Colorado, hereinafter referred to as "Grantee," and the Villa at Greeley, LLC hereinafter referred to as "Grantor." WITNESSETH: WHEREAS, Grantee and Grantor entered into a Specific Performance Contact for the purchase of 1 :, shares of the Rural Ditch Company represented by Certificate No. 12 hereinafter referred to as "The Water." WHEREAS, Grantor has provided information with respect to historic use of the water rights and agree to provide a "dry up" agreement on the property where the shares were historically used; and WHEREAS, Grantor is the owner of property located in Section 2, Township 2 North, Range 68 West of the 6th P.M., Weld County, Colorado, being more specifically identified as shown on Exhibit B attached hereto, hereinafter referred to as "The Property," which has been irrigated by the water rights described above; WHEREAS, the Grantor, for the protection and benefit of the Grantee, agrees to subject the property to the covenant, conditions and restrictions hereinafter set forth in this agreement. NOW, THEREFORE, in consideration of the mutual covenants and promises of the parties hereto it is agreed as follows: I . Grantor agrees that hereafter there will be no irrigation of the 54 acres more or less of the property or vegetation grown on the 54 acres of the property by water historically used to irrigate the property identified on Exhibit B, without Grantee's written consent. The purpose of this covenant is to insure that the consumptive use credit of the Grantee is not impaired in any way by water use on the property. 2. Grantee gives written consent herein that Grantor may grow normal landscape vegetation with irrigation from a new source. 3. The foregoing covenant shall burden the Grantor's and Grantor's successors in interest to the property and shall run with the property, shall benefit the Grantee and Grantee's successors in interest and shall run with The Water. 4. The terms of and provisions of this agreement shall not expire and shall be perpetual unless specially released by Grantee or its successor in interest in writing. I IIUIII IIIIIH�IIIIYiitVIAUIIIIIIII 2420Ee0 ISI17/1SU 1 e7R Mold County CO 1 .f 3 R s.ee 0 s.ee .ia sukt Tauk.a.te The Villa at Greeley, LLC. Board of Commissioners Weld County, Colorado by Constance L. Harbert{halrlOen 65/7/9 1glalliEnn In 2 .t $ R COO D CIO JA Bunt TsukM.t. Exhibit "B" Parcel 1: Lot 'A' of Amended Recorded Exemption No. 1313-2-3-RE730 according to the map recorded April 6, 1987 in Book 1152 as Reception No. 2095052, being a portion of the SW% of Section 2, Township 2 North, Range 68 West of the 6th P.M., Weld County, Colorado except Lot 1 of the Ft. Junction PUD, First Filing, Weld County, Colorado. Parcel 2: Lot 1 of the Ft. Junction PUD, First Filing, Weld County, Colorado. 1 M, 1► 01ii l u iPuiiilu 3 of 3 R COO D 0.00 JA !kaki Teuke.ete 972113 RESOLUTION RE: APPROVE HOKESTRA GRAVEL PIT AGREEMENT AND AUTHORIZE CHAIR TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with a an agreement regarding the Hokestra Gravel Pit among the County of Weld. State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Public Works, and John P Slovek, Jr., Gary W. Slovek, Michael S. Slovek, Joan Leslie Stearns and Patricia Fox (The Slovaks), and Raintree, LTD, with terms and conditions being as stated in said agreement, and WHEREAS, after review, the Board deems it advisable to approve said agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the agreement regarding the Hokestra Gravel Pit among the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Department of Public Works, and John P. Slovek, Jr., Gary W. Slovek, Michael S. Slovek, Joan Leslie Steams and Patricia Fox (The Sloveks), and Raintree, LTD be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 29th day of September, A.D., 1997. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO E. Baxter, Chair e L. HaTem �n P� i.S/U2�As, ,1410 es chi/2uberis, eahr, EG0036 333 AGREEMENT 1. PARTIES. The parties to this Agreement are JOHN P. SLOVEK, IR., GARY W. SLOVEK, MICHAEL S. SLOVEK, JOAN LESLIE STEARNS and PATRICIA FOX, (Sloveks), RAINTREE, LTD., a Colorado corporation (Raintree), and the BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, COLORADO (County), a body corporate and politic operating pursuant to the laws of the State of Colorado and Weld County home rule charter. The Sloveks, Raintree and County are collectively referred to as the parties. 2. RECITALS. The Slovaks own the real property described in EXHIBIT A (the property). Portions of the property have been leased to the County for mining of sand, gravel and aggregate pursuant to a "Mining Lease For HOKSTRA PROP- ERTY For Sand, Gravel And Aggregate" recorded in the Clerk and Recorder's office, Weld County, Colorado, Reception No. 02128314 and a "Mining Lease For SLOVEK PROPERTY For Sand, Gravel And Aggregate" recorded as Reception No. 02128315 in the Weld County Clerk & Recorder's office. The two leases are collectively referred to as the "Lease Agreements." The County has completed its mining operations pursuant to the Lease Agreements. The parties, therefore, desire to finally resolve their respective obligations under the Lease Agreements. Raintree has contracted to purchase the property and the Slovaks and County agree that Raintree should approve this Agreement. NOW, THEREFORE, the parties agree as follows: 3. TRANSFER OF ONE -QUARTER RURAL DITCH SHARE. Contempora- neously with the execution of this Agreement, Sloveks shall cause the transfer of a one -quarter share of stock in the Rural Ditch Company to the County. County shall be entitled to claim all of the historic use credits associated with said one -quarter share in proceedings in the District Court for Water Division No. 1, State of Colo- rado or in any other forum. 4. COMPLETION OF RECLAMATION. Sloveks agree that the County has completed to Sloveks' satisfaction reclamation of the property as required by the applicable permits issued by the Mined Land Reclamation Board and Weld County. Sloveks agree to execute forms necessary to indicate Slovaks' approval of the reclamation. 5. SATISFACTION OF AUGMENTATION REQUIREMENT. The County agrees that Sloveks, after the transfer of the one -quarter share of Rural Ditch specified in 13 above, shall have no further obligation pursuant to 14 entitled "Water" in each of the Lease Agreements. The transfer of the one -quarter share of Rural Ditch shall fulfill all of Sloveks' obligations pursuant to that paragraph of each of the Lease Agreements. RE -ORDER'S MEMORANDUM Td:S ^Ct::: T WAS rOUND TO EL: MAGEQUATE FOR o cLIEN1s'.JwduLGW.AGt.MtlnhGin. Doc &N,iaft.G Ft;H€t)5ES. ON,1Hl4 DPM 2571333 B-1531 P-498 10/09/1997 10:18A PG 1 OF 10 RFC DOC Weld County CO JA Suki Tsukamoto Clerk & Recorder 0.00 1 972113 6. NO EXPANSION OF AUGMENTATION OBLIGATION. The mining conducted pursuant to the Lease Agreements has resulted in the creation of gravel pits which are filled with ground water. Because the ground water is exposed to the atmosphere, evaporation of a certain amount of ground water occurs. The County is obligated pursuant to the Lease Agreements to replace the depletions to the South Platte River and its tributaries that result from the evaporation to the extent required by Colorado law. Said obligation shall survive and continue after this Agreement. Sloveks agree that should they reconfigure or expand the gravel pit resulting in the obligation to replace the depletions caused by evaporation to the South Platte River and its tributaries to increase, then the increased or incremental amount of replace- ment water required shall be the obligation of the Sloveks. Should the Sloveks reconfigure or expand the gravel pits causing increased depletions, and said deple- tions resulting from increased evaporation are replaced by the County in a plan for augmentation or substitute supply plan, the Sloveks shall be responsible for a portion of the County's reasonable legal and engineering costs in adjudicating the plan for augmentation or obtaining approval of a substitute supply plan. The Sloveks' portion of the costs shall be calculated by dividing the increased depletions by the total depletions that are required to be replaced and multiplying that percentage by the County's reasonable legal and engineering costs. For example, if the present deple- tions that are required to be replaced are 40 acre feet per year and the Sloveks' reconfiguration or expansion causes an additional ten acre feet to be replaced, then the Sloveks shall be responsible for 10=50 or 20% of the County's reasonable legal and engineering expenses in such adjudication. 7. NOTICES. Any notice required or permitted by this Agreement shall be in writing and shall be deemed to have been sufficiently given for all purposes if sent by certified or registered mail, postage and fees prepaid, addressed to the party to whom such notice is intended to be given at the address set forth below, or at such other address as has been previously furnished in writing to the other party or parties. Such notice shall be deemed to have been given when deposited in the U.S. Mail. SLOVEKS: John P. Slovak, Jr. Gary W. Slovak, Michael S. Slovek, Joan Leslie Stearns and Patricia Fox 4777 Weld County Road 24 'h Longmont, CO 80504 COUNTY: Board Of County Commissioners Weld County, Colorado P.O. Box 758 Greeley, CO 80632 O:1CLIENTLV VJKIOLOW-AOR-WITH-CTY.000 2 COPY TO: Jeffrey I. Kahn, Esq. Grant, Bernard, Lyons & Gaddis, P.C. P.O. Box 978 Longmont, CO 80502-0978 COPY TO: Weld County Attorney P,O. Box 1948 Greeley, CO 80632 2573333 8-1631 E-498 10/09/1997 10:1,9A PG 2 OF 10 09/10/117 4,13 ON 972].13 RAINTREE: Raintree, Ltd. 11184 Huron Street, Suite 17 Northglena, CO 80234-3344 COPY TO: Zahn , ?o . Yea -es tenverr, CO $0236 S. PARAGRAPH CAPTIONS. The captions of the paragraphs are set forth only for convenience and reference, and are not intended in any way to define, limit, or describe the scope or intent of this Agreement. 9. EXHIBITS. All exhibits referred to in this Agreement are, by reference, incorporated in this Agreement for all purposes. 10. ADDITIONAL DOCUMENTS OR ACTION. The parties agree to execute any additional documents and to take any additional action necessary to carry out this Agreement. 11, GOVERNING LAW. This Agreement shall be governed by the laws of Colorado. 12. BINDING EFFECT. This Agreement shall inure to the benefit of, and be binding upon, the parties, and their respective legal representatives, successors, and assigns; provided, however, that nothing in this paragraph shall be construed to permit the assignment of this Agreement except as otherwise specifically authorized in this Agreement. This Agreement shall specifically run with the land described in EXHIBIT A. DATED: G1- J. b -R? SLOVEKS: P. Slovek, Jr. j -a fri, Guy W. 3lovek lad S. Seesk O'IGLIENTlUUJNWLOVJ-MR.W ITN.CTY OOG Patricia Fox 2571333 B-1631 P-498 10/09/1997 10:18A PG 3 OF 10 0N1 Nl 1:66 PM 97 .;113 COUNTY: 16 ATTEST: County ark to the Board ATTEST: By' 09/29/97 Its: lx.e.Smartt of County Commissioners RAINTREE: Its: STATE OF COLORADO ) )ss. COUNTY OF ( rz[/cCe ) The foregoing instrument was acknowledged before me this '):day yE Sep1-4.i w 4,, . 1997 by _ sic, my hand and official seal. My Ca�kaion Expira N130.99 My commission expires: 1250 Sc. Haverit STATE OF COLORADO COUNTY OF of . ti CQ>yi The foregoinstrument was acknowledged before me this 2 day of 74. T# 1997 by .4' f9 f%,r_ T. Witness my hand and official seal. My commission expires:i- Notary O:tCLIINTKIuDom OVJ.AGRANITN.CT►,DOG 2573331 8-1631 P-498 10/09/1997 10:18A PG 4 OF 10 g: c - =y it Ye 6 Mme. COIGN.? •;6a PM 972113 STATE OF COLORADO ) )ss. COUNTY OF idle) e ) T a f remain was acknowledged before me this g't�(a{y of 1997 by yxt n oPra...Q(,,/ �L/ tQQh rt/J l aigtd and official seal. ye P +m piss: �(G710 /ask...4.1% lr '; R � N. try Public STATE OF COLORADO COUNTY OF Aka, ) )as. The . a • ins instrument was acknowledged before me this Aft day _ of 1997 by 1111/11 ,1. stripe • ffIlijk MY b and official seal, 51a I y d q.o- ,•� pima: STATE OF COLORADO COUNTY OF I s- L(Zr��ai ) )ss. Notary Public The foregoing, instrument was acknowledged acknowledgetbefore me t is D5 —day of, ,,;00 , 1997 by Witness my hand and official seal. My Commission ENpkq My commission expires: D3a6Y 30. akar Longmont, cc D'aAIENTIUUJ nULOVJ.AON•W IT*GTT.DDO Notary Public 00119197 0117 PM 2573333 8-1631 P-498 10/09/1997 10:18A PC 5 OF 10 0.'2113 STATE OF COLORADO ) )u. COUNTY OF BOULDER ) Subscribed and sworn to before me this 26th day of September 1997 by John Roberts, Vice President of ftail ee-liaamses. t}f¢it., Ltd Witness my hand and official seal. My commission expires: 09/19/1999. Notary 2573333 B-1631 P-498 10/09/1997 10:18A PO 6 OP 10 J ttettrntN•t~ 972113 DATED EXHIBIT A-1 TO: AGREEMENT PARTIES: MICHAEL S SLOVEK, GARY SLOVEK AND JOHN P. SLOVEK, JR., JOAN L. STERN AND PATRICIA FOX, RAINTREE HOMES, INC. OR RAINTREE, LTD , and the BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, COLORADO SEP 2 3 197 j.egai Description A parcel of land being part of the Northwest Quarter of the Northeast Quarter (NW1/4 NE1/4) of Section 2, Township 2 NOrth, Range 68 West of the 6th Principal Meridian, also part of the Southwest Quarter of the Southeast Quarter (SW1/4 S$1/4) of Section 35, Township 3 North, Range 68 West of the 6th Principal Meridian all in Weld County, Colorado and being more particularly described as follows: BEGINNING at the Northeast Corner (NE Cor) of said NW1/4 NE1/4 and assuming the North line of the Northeast Quarter (NE1/4) of said Section 2 as bearing North 89.23'22" East with all other bearings contained herein relative thereto: Thence -South 0G•SQ'3Q' West along the East line of said NW1/a NE1/4. 562.62 feat to a poin'y""on -the North tan1c_o: the Las_ Chance Ditch; Thence along the North bank of said Last Chance Ditch by the following one CI) course and distance South 73-16'43" West, 585.98 feet Thence North 00.19'01" West, 331.12 feet; Thence North 68.18'12" East, 158.76 feet; Thence North 17'21'01" West, 643.35 feet to a point on the South bank of the St. Vrain River as it existed on December 16, 1987; Thence along said South bank by the following one (1) course and distance North 66°53'23" East, 158.20 feet Thence South 12+37'56" East, 610.89 feet; Thence North 74.17'35' East, 341.36 feet to a point on the East line of said SW1/4 SE1/4; Thence South 00.21'24' East along said East line, 337.02 feet to the POINT OF BEGINNING, Said described parcel of land contains 13.531 acres, more or less, and ix subject to any rights -of -way or other easements as granted or reserved by instruments of record or as now existing on'said described parcel of Land. '2573133 B-1531 P-498 10/09/1997 10:18A PG 7 OF 10 972113 DATED EXHIBIT A -2 TO: AGREEMENT PARTIES: MICHAEL S. SLOVEK, GARY SLOVEK AND JOHN P, SLOVEK, JR., JOAN L. STERN AND PATRICIA FOX, RAINTREE HOMES, INC. OR RAINTREE, LTD., and the BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, COLORADO SEP 2 3 1997 Legal Description A parcel of land being part of the Northwest Quarter of the Northeast Quarter (N111/4 1181/4) of Section 2, Township 2 North, Rang. 68 West of the 6th Principal Meridian, also part of the Southwest Quarter of the Southeast Quarter (5111/4 Sill/4) of Section 35, Township 3 North, Range 68 Vest of the 6th Principal Meridian all in Weld County, Colorado and being wore particularly described as follows: BEGINNING at the North Quarter Corner N1/4 Car) of said Section 2 and assuming the North line of said Northeast Quarter (NE1/4> of said Section 2 es bearing North 89.23'22" East with all other bearing contained herein relative thereto; Thence -North OC"--36=:?x- 4est-- along-..the--:West..1_ne _ a=. said SW1/4 SE1/4, 535.90 feet to the centerline of the 3t. 1ra_n R;_ver as it existed on December 16, Thence along the centerline of said St. Vrain on December 16, 1987 by the fallowing ape (1> North 65.46'37" East, 1421.21 feet to fine of said SWL/4 SE1/4; Thence South 00.21'24" East along said East Thence South 74'17'35" West, 341.36 feet; Thence North 12.37'56" West, 610.89 feet to bank of the St. Vrain River as it existed on Thence along said South bank as it existed by the following one (1> course and distance South 66"53'23" West, 158.20 feet; Thence South 17.21'01" East, 645.35 feet; Thence South 68'18'LZ' West, 158.76 feet; Thence South 00.19'01" East, 831.18 feet to bank of the Last Chance Ditch; Thence along the North bank of said following two (2) courses and distance South 45'07'44" Weal:, 206.14 feet; South 64'50'03" West, 569.34 feet Line'of said NW1/4 NE1/4; Thence North 00"42'00" East to the DOINT OF BEGINNING along said main channel of the 1987; River as it existed course and distance a point on the East line. 765.34 feet; Last a point on the South December 16, 1987; on December 16, 1987 a point Chance to a point West line, on the North Ditch by the on the West 1147.38 feet Said described parcel of land contains 36.236 acres, more or less, and is subject to any rights -of -way or other easements as granted or resepved by instruments of records or as now existing on said described parcel of land. 972113 EXHIBIT A -3 TO: PARTIES: DATED*. AGREEMENT MICHAEL S. SLOVEK, GARY SLOVEK AND JOHN P. SLOVEK, JR., JOAN L. STERN AND PATRICIA FOX, RAINTREE HOMES, INC. OR RAINTREE, LTD , and the BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, COLORADO SEP Z 3 1987 Lean! Deacrigtioq A parcel of land being 411 that part of the Northeast Quarter of the Northeast Quarter (NE1/4 NE1/4) of Section 2, Township 2 North, Range 68 West of the 6th Principal Meridian, also part of the Southeast Quarter of the Southeast Quarter (SE1/4 Sc1/4) of Section 35, Township 3 North, Range 68 West of the 6th Principal Meridian all in Weld County, Colorado as recorded on November 5, 1987 in Hook 1175 under Reception Number 02120263 of the records of the Weld County Clerk and Recorders lying Northwesterly and Northerly of the following described line, which is the North bank of the Last Chance Ditch and being more particularly described as follows: 3e,G:NNING at the Northwest Corner (NW Cor) of said NE1/4r NFl/4 as *ort¢amarted- by a +4 rebate math aluminum cap:. atamped ?11413 and assuming the West line of said NE1/4 NE1/4 as bearing South 00.16' West as indicated in aforesaid legal description, with all other bearings contained herein relative thereto; Thence South 00.16' West along said West line, 562.6 feet to a point on the Northwesterly bank of the said Last Chance Ditch. Said point being the TRUE POINT OF BEGINNING of said lino description; - Thence along the Northwesterly and Northerly line of said Last Chance Ditch by the following three (3) courses and distances North 49.01' East. 290.5 feet North 72.03' East, 201.1 feet • South 88.11' East,- 67 feet, more or less to a point on the East line• aforesaid legal description. Said point being the TERMINUS POINT of said line description. Said described parcel of land contains 5.9 and is subject to any rights -of -way or other or reserved by instruments of record or as described parcel of land. acres, mare or less, easements as granted now existing on said 2573333 8-1631 P-498 10/09/1997 10:18A PG 9 OF 10 972113 DATED... EXHIBIT A -4 TO: AGREEMENT PARTIES: MICHAEL S. SLOVEK, GARY SLOVEK AND JOHN P. SLOVEK, JR., JOAN L. STERN AND PATRICIA FOX, RAINTREE HOMES, INC. OR RAINTREE, LTD., and the BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, COLORADO SEP 2 3 1997 Legal Description A parcel of Land being all that part of the Southeast Quarter of the Southeast Quarter (SE1/4 Sc./4) of Section 35, Township 3 North, Range 68 West of the 6th Principal Meridian, Weld County, Colorado as described in Rook 832 under Reception Number 1753384 as recorded play 16, 1978 in the records of the Weld County Clerk end Recorders and being that part of said parcel of land lying Southeasterly of the centerline of the vain channel of the St. vraib liver as it existed on December 16, 1987, The centerline of the mainchanneL of said St. Vain River being more particularly described as follows: BEGINNING at the Northwest Corner (pw car) of said 5E/14 SE_/4 as motfeeeeted—by a-_44_ o8 :Feb^"` "_.th.,ia.luminum. • - P• s ramped. t.11415 and assuming the West line of said 3E1/4 Sc /4 as Searing South 00016' West as indicated in aforesaid legal description with all other bearings contained herein relative thereto3 Thence South 00.15' West along said Wast line, 235,9 feet to a paint on the centerline of the main channel of said St. Vrain River. Said point being the TRUE POINT OF BEGINNING of said line description: Thence along the centerline of the main channel of said St. Vrain giver as it existed on December 15, 1987 by the following three (3) courses and distances North 78.25' East, 334.3 Peet North -71.15' East, 312.8 feet North 54.27' East, 118 feet, more or less, to a point on the North line of said $6I/4 SE1/4. Said point being the TERMINUS POINT of said line description. Said parcel of land contains 19 acres, more or lees, and is subject to any rights -of -way or other easements as granted or reserved by instruments of record or as now existing on said described parcel of land. 2577333 8-1631 P-498 10/09/1997 10:18A PG 10 OP 10 972113 WALLA.ORANI DANIEL r swlr,� RIOTARD N. LYO e. II HRR,RRYL KAHN It WILLIAM aua R. !WNW. GAMS MAOIST A BILL s78VRN P. anon CAMERON& avow NERDY S. EMU SELAND. 17IIDR. ZARIO SANTA CIRIRAN Lee Morrison, Esq. Assistant County Attorney Weld County P.O. Box 1948 Greeley, CO 80632 GRANT, BERNARD LYONS & GADDIS A ?ROSH SSIONAL CORPORATION ATTORNEYS AND COONSRLORS September 26, 1997 SI! =MARK smRR6r POST OPPICR DORM LONONONT. COSo}7S.g1S 7!}776-9900 DIf07VSR !71,7706 FAX 4IMOOS &MARS^ VIA HAND DELIVERY Re: Original Agreement between Sloveks, Raintree, Ltd., and Weld County Dear Mr. Morrison: Enclosed is the original Agreement which has been signed by everyone except the County. Please let us know as soon as it is approved by the County. After it is fully signed, we would appreciate it if you would forward us a copy by mail and facsimile. Enclosed is a self-addressed, stamped envelope for your convenience in mailing us a copy. Regarding recordation, unless we hear otherwise, we will assume you are recording the original. Also, we would like a copy of the cover page showing the recording information once that has been completed. Thank you for your assistance in this matter. If you have any questions, please contact either Jeff Kahn or me. /kk Enclosure cc: John Slovek (w/o enclosure) John Roberts (w/o enclosure) j jkl.lovjtmorrises-1-77116 Sincerely yours, GRANT, BERNARD, LYONS & GADDIS, a Professional Corporation Kim L. Fe y, ALS Legal Assistant to Jeffrey J. K L.it G oted It /a/f/49 - cm' 972113 WAU.Ar3IL CRAM' DANK. P. I1RtAt6 RICHARD N. LYON; SWIM I. EARN H WILIAlSmOI It 100,1 W. OADM =MAYA. VARL 7BVOIP. AMU CANER=A GRANT WINDY L ROOM SIlZAND.?II1 CAPNMARA=IAN Lee Morrison, Esq. Assistant County Attorney Weld County P.O. Box 1948 Greeley, CO 80632 Re: Slovak Dear Lee: GRANT, BERNARD LYONS & GADWS A PROP* S SIONA I. CORPORATION ATTORNEYS AND COUNSCLOIS September 19, 1997 S1P R.DISARI mum POST OPPRa Rox 97S LONO►w , CO,SS2-oifl ]01.1160900 DIMMER 57145N PAX 4I}1 SOS &4L1r. ilaaas Enclosed is a revised proposed agreement. Rather than redline it, I will enumerate the changes: 1. The reference to "Slovaks" in ¶1 has been added. 2. The buyer will be Raintree, Ltd., a Colorado corporation. 3. In 12, the reception number of the Hokstra property lease has been confirmed. 4. In 16, the phrase "their heirs, successors and assigns" has been deleted in two places. Instead, in 112 the last sentence has been added. A typographic error has been corrected referring to the South Platte River and "Its" tributaries (instead of "this"). I have incorporated your suggestion in at the end of the paragraph, with some addition. 5. The County attorney has been added in 17 per your request. Approval by the Commissioners on September 29 is acceptable. Let me know if anyone else should attend or whether you want any other changes. I will circulate for signature and get to you before September 29. Thank you for your cooperation. JJK:kk Enclosure cc: John Slovek (w/enclosure) John Roberts (w/enclosure) Sincerely yours, GRANT, BE ARD, LYONS & CADDIS, a profess I Corporation t. Kahn jj k\slovj\morri son -I-7766 972113 Incorporated Under the Laws of the State of Colorado THE RURAL DITCH COMPANY Weld County, Colorado Shares $100.00 each NO -Al 8 — THIS CERTIFIES THAT Weld County Cnmmi_ssioners - is the owner of - -1 & 1/2 —share _S__ of The Rural Ditch Company, paid up in full, transferable only on the Books of the Company on the surrender of this Certificate. This stock is subject to assessment when funds are required by the company for repair and maintenance, or to pay any in- debtedness of the company, or the interest thereon. The company reserves the right to a lien upon the stock represented by this certificate for any assessment levied upon said stock. No transfer of this stock can be made on the books of the company until all assessments and indebtedness due at the time of said transfer are paid in full. IN WITNESS WHEREOF, the President and Secretary have hereunto subscribed their names and caused its corporate Seal to be hereto affixed at Longmont, Colorado this 14 day of August, 2017,19 Secretary V•ts .,.President Chloe Rempel From: Sent: To: Cc: Subject: Ok will do! Devin Traff Tuesday, February 20, 2018 2:24 PM Esther Gesick; Bruce Barker Chloe Rempel RE: Rural Ditch Share Certificate From: Esther Gesick Sent: Tuesday, February 20, 2018 2:22 PM To: Devin Traff <dtraff@weldgov.com>; Bruce Barker <bbarker@weldgov.com> Cc: Chloe Rempel <crempel@weldgov.com> Subject: RE: Rural Ditch Share Certificate Please go ahead and bring it by. We can scan it in with the Resolution requesting the re -issuance and then have everything in the safe for Bruce when needed. Thanks for confirming, Devin! Esther E. Gesick Clerk to the Board 1150 O Street/P.O. Box 758JGreeley, CO 80632 tel: (970) 400-4226 Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: Devin Traff Sent: Tuesday, February 20, 2018 2:16 PM To: Esther Gesick <egesick@weldgov.com>; Bruce Barker <bbarker@weldgov.com> Cc: Chloe Rempel <crempel@weldgov.com> Subject: RE: Rural Ditch Share Certificate Yes, my understanding is that this will be a part of the closing. I can either hold onto it here or bring it by to store with the 0.25 share that will be delivered to Bruce, either way is fine with me. Let me know what would work best. From: Esther Gesick Sent: Tuesday, February 20, 2018 1:51 PM To: Devin Traff <dtraff@weldgov.com>; Bruce Barker <bbarker@we!dgov.com> Cc: Chloe Rempel <crempel@weldgov.com>; Esther Gesick <egesick@weldgov.com> Subject: FW: Rural Ditch Share Certificate 1 Hi Devin, Is the attached Stock Cert. related to the Resolution #2017-2803 attached? If so, when I read the memo is sounds like we need to turn over the original Cert to the Central Weld County Water Conservancy District as part of the closing. Bruce? Esther E. Gesick Clerk to the Board 1150 O Street/P.O. Box 758IGreeley, CO 80632 tel: (970) 400-4226 Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: Devin Traff Sent: Tuesday, February 20, 2018 1:17 PM To: Chloe Rempel <crempel@weldgov.com> Cc: Bruce Barker <bbarker@weldgov.com>; Esther Gesick <egesick@weldgov.com> Subject: Rural Ditch Share Certificate Chloe, The County was recently issued a certificate for its shares in the Rural Ditch Company (attached). I'm guessing we will file this somewhere in the archive with the other ditch company certificates. Can I swing by this afternoon to drop off the original? Thanks, Devin Traff Staff Engineer Public Works Department 1111 H St, Greeley, CO 80631 tel: 970-400-3773 Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. 2 Hello