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LC
August 27,2012
Via E-Mail
Monticello,
UT
84535
Re:
Dear l(elly:
further, I can be reached at {805) 568-0300 x23. Thank you and best regards.
Sincerely,
TDCO
August 3,2AI0
M.onticello, UT 84535
Mr
Jt4ET
Tou,ers
Pehrson,
As y611 nray ftp614r, REDC0 is a derreloper of renewabie energy projects and we have
considerable land holdings in San juan Counq,, We recently received a Conditional
REDC0 ploposes that it pay the City of Montjcello $1,000 per year f or 2 years fc.rr the
use of these 3 MET towers and for the ability to collect data and use the data as it
see fits. REDC0 will also pai,for all related operaiions and maintenance for the 3
MET towers during the Z-year lease period. We fequest that during the Z-year lease
period, the data be the exclusive pr0perbi of REDC0. We also requesl that the Ciq,
assist REDC0 to work with the various landou,ners, on which the lviET towers
crrrrentlv resrde to (acilirate rhat thev remain in tirese same locations for the
.' J
) vt,vvt
)ratl l)avies
residerrt &
The City of Monticello will sublezse the use of all 3 whd towers to Redco Power for 2
year-s. Redco will pay the City of MolticelLo $ 1,000 lyew for the use of the MET towers
and for the abiiity to collect data and use ths data as it sees fit. Redco vrill also pay for all
related operations and mainlenance fot the 3 l\tGT towers furing tbis Z-year lease period.
This inciudes the Land lease payments that fhe City of Monticello pays to the }m.d
ol\rners, The land ieases have been extended for 2-yeins as we,
or,{4&.r"."
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previous lease in place rvith Wasatch Wind, The alnount will be five hundred doliars a
yeai. The comme;cenrent date will be when the lease is signed and dated and the first
paprent pjfrve hnndred dollars due when lease is signed and dated and second payment
dLre
Owner:
I)are:
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Address:
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By:
Date:
Address:
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REDCO
922.W BAX{ER,'DR SUITE
2OO
IIATIO'IAL BAHK
tsroadrey Otfiw :tC Souttt Matr
Sall Lake City,.Utal 84101