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City Council Agenda and Packet 1985 06 18
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City Council Agenda and Packet 1985 06 18
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3/11/2021 1:46:55 PM
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12/29/2009 2:00:24 PM
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City Council Records
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City Council Packet
Signed Date
6/18/1985
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CCAGPKT 1985 06 18
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. • • <br /> lAkLAMEEItt <br /> Till AdOZ MMVT, made and entered into this day of <br /> j• , 1flS, by and between DIIG,T LOTS and SMOLA$ RODS, <br /> pasties of the first pert thereinafter referred to as '$.liar.') <br /> sad ?OM CITY OP LOVISVXLLL, a Colorado municipal corporation, <br /> • party of the .scoad part thereinafter referred to as <br /> wITM $ f ! = Tir <br /> MQR1A$, Sellers are the owners of 1 share of the capital <br /> stock in the Marshall Lake Division of the Farmers Reservoir a <br /> Irrigation Compssny, a mutual ditch company organized under the <br /> laws of the state of Coloradot and <br /> Mf, each of the shires outstanding in said company <br /> represents a proportionate interest in the decreed water rights <br /> priorities and other assets and entitlements owned or used by <br /> said company, and <br /> • WIMAS, Sellers desire to sell said 1 sharer and <br /> US, Purchaser desires to purchase said 1 share for the <br /> purpose, of using the eater derived therefrom► in its municipal <br /> water utility system, <br /> NOW, TSISSORS, in consideration of the mutual promises <br /> hereinafter contained, the parties hereto agree as follows: <br /> 1. Sellers agree to sell and Purchaser agrees to purchase, <br /> free and clear of liens, tames. aes.asmenta and encumbrances and <br /> subject to the conditions hereinafter set forth, 1 share of stock <br /> 1' in the Marshall Lake Division of the rermers Reservoir i <br /> Irrigation Company presently represented by certificate no. <br /> eaten _ <br /> 2. ?be purchase price shell be Seventy-five lundred <br /> { Dollars 07,S00.00) per share for a total purchase price of <br /> $aventy-five hundred Dollars 1$7,500.001 payable by Purchaser's <br /> II <br /> check at Closing. <br /> !I 3. fellers warrant that they have good and sufficient <br /> title to the subject water right, have the right and privilege <br /> 1 <br />
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