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Y.i :,' _ .•y� .��,�, • 1' .' ': .•l.• M .�' ' ,` • a` '� r• no r,• .r sc 7•..• <br /> . 1 l F Ake <br /> •• 4 <br /> This east entered into this ' •: <br /> and be� he City of Louisville, co1co5 yad�dlths'PL <br /> $Swings Investment Company, 215 South Wadawdth boulevar st <br /> Deh tar, Color.ado, regarding certin lands in the City of <br /> Louisville, Colorado, deeded to it for streets and parks <br /> in the SI of section 5, Township I South, Range 69 West, . � <br /> Boulder County, Colorado. <br /> The above panties have entered into a nom-development type <br /> of oil and gas lease with Robert C. Roehrs which covers <br /> each of their interests in the above mentioned lands. <br /> In consideration of the fact that the First Savings Investment <br /> Company has expended approximately one hundred thousand dollars • <br /> in plugging an abandoned gas well on the above premises, the ' <br /> City of Louisville agrees to assign all of its interests in <br /> and to any oil and gas produced coder the lands in question <br /> until such time as First Savings Investment Company shall <br /> have recouped its one hundred thousand dollar investment <br /> from the combined oil and gas income from these lands from <br /> all of the royalties duo both of the parties hereto. <br /> Both of the parties hereto agree to execute the necessary <br /> instruments to effect the transfer of interests when, and if, <br /> production is obtained in the area and in which the subject <br /> lends share the income therefrom. <br /> In witness whereof both of the parties hereto have caused their <br /> hand• and seals to be affixed hereto as of the data set out <br /> above. <br /> The City of Louisville rirst Savings Investment Company <br /> ay - <br /> t}. •f� fa•' 'k' % ws ``%:. • .:d • •p•• •' I -- ,1.. r• .P"ri;y�La�' <br />