Common Contracts

2 similar Option Agreement for Easement contracts

OPTION AGREEMENT FOR EASEMENT (“Option Agreement”)
Option Agreement for Easement • April 6th, 2021

The undersigned, City of Greeley, whose address is 1000 10th Street, Greeley, Colorado 80631, herein called “Grantor(s)”, for and on behalf of Grantor and Grantor’s heirs, successors and assigns, in consideration of the payment of the Option Price and other good and valuable consideration, the adequacy of which is hereby acknowledged, does hereby grant to Public Service Company of Colorado, a Colorado corporation, herein called “Company”, the sole and exclusive right and option (the “Option”) to purchase an easement for the construction, operation, and maintenance of an electric transmission line, as further described below, said easement to be substantially in the form attached hereto as Exhibit B (the “Easement”), on the following terms and conditions:

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OPTION AGREEMENT FOR EASEMENT (“Option Agreement”)
Option Agreement for Easement • April 6th, 2021

The undersigned, City of Greeley, whose address is 1000 10th Street, Greeley, Colorado 80631, herein called “Grantor(s)”, for and on behalf of Grantor and Grantor’s heirs, successors and assigns, in consideration of the payment of the Option Price and other good and valuable consideration, the adequacy of which is hereby acknowledged, does hereby grant to Public Service Company of Colorado, a Colorado corporation, herein called “Company”, the sole and exclusive right and option (the “Option”) to purchase an easement for the construction, operation, and maintenance of an electric transmission line, as further described below, said easement to be substantially in the form attached hereto as Exhibit B (the “Easement”), on the following terms and conditions:

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