FOR LEASE STATE TRUST LAND

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FOR LEASE STATE TRUST LAND NOTICE IS HEREBY GIVEN THAT PURSUANT TO WYOMING STATUTE 36-5-109, THE OFFICE OF STATE LANDS AND INVESTMENTS OFFERS THE FOLLOWING STATE TRUST LAND FOR GRAZING AND AGRICULTURAL LEASE: LEASE NO. 3-8797 SECTION 36, TOWNSHIP 42 NORTH, RANGE 117 WEST, 6 TH P.M., ALL 640 Acres; Approximately 60.00 acres are unusable for grazing due to current industrial use, however are included as part of the Lease. The subject parcel is rated at 2,507 Animal Unit Months (AUM s). The Lease will be issued for a ten year term. 640.00 acres of State Trust Land is being offered for grazing and agricultural lease through an oral telephone auction. Interested parties are encouraged to visit the Office of State Land and Investment s (OSLI) website for lease information, applications and auction instructions. Completed applications must received by 5:00pm, March 3, 2015 by OSLI. The auction will be held by telephone on March 11, 2015. Additional information can be found by visiting http:lands.wyo.gov or by contacting OSLI at (307) 777-6637. It is the applicant s responsibility to determine access and usability of the State Trust Land being offered for lease. The Board of Land Commissioners reserves the right to reject any and all applications filed.

WYOMING OFFICE OF STATE LANDS AND INVESTMENTS 122 West 25 th Street Cheyenne, WY 82002 Phone: 307.777.7331 Fax: 307.777.3524 slfmail@wyo.gov MATTHEW H. MEAD Governor BRIDGET HILL Director State of Wyoming Grazing and Agricultural Lease Available by Telephone Auction State of Wyoming Grazing and Agricultural Lease 3-8797 Sec. 36 Twp. 42N Rng. 117W, ALL, 640 acres Teton County, Wyoming Minimum Bid-----------------$13,888.78 The minimum bid is based on the 2015 minimum annual rate per Animal Unit Month (AUM) as established by the Board of Land Commissioners Rules and Regulations. The 2015 minimum rate per AUM is $5.54. The subject parcel has been rated at 2,507 AUM s. Deposit for Improvements If an applicant is not the owner of the improvements located upon the lands applied for, the applicant must use their best judgment in calculating the contributory value if the improvements and remit a deposit equal to their contributory value estimate; as required by law. Application Filing Fee------$25.00 INSTRUCTIONS FOR PARTICIPATION IN THE TELEPHONE AUCTION Interested parties must first complete the attached Application to Lease State Lands for Grazing and Agricultural Purposes and submit it to the Office of State Lands and Investment s (OSLI). Completed applications must be received no later than 5:00pm, March 3, 2015. Applications must be completed in full or will not be accepted. OSLI shall reserve the right to not accept any application that does not comply with provisions within State of Wyoming Statutes or the Board of Land Commissioners Rules and Regulations. An application must be accompanied by the minimum bid, a deposit for improvements (if the applicant is not the owner of the improvements located on the parcel), and the application filing fee in the form of a certified check, bank draft, cashier s check, post office or express money order, cash or personal check. Applicants of accepted applications shall, in writing, be given a bidder number and a telephone number in which to call in and bid by OSLI. The telephone auction shall begin promptly at 10:00am on March 11, 2015. Only applicants who have received a bidder number from OSLI shall be eligible to bid during the auction. The auction will continue until there are no more bids. Following the auction, the Director shall prepare a Decision awarding the Lease to the high bidder. Any applicant may appeal the Director s Decision to the Board of Land Commissioners by filing a notice of appeal with OSLI. Should the Board of Land Commissioners approve the Director s Decision, the Lease will be formally awarded to the winning applicant for a ten year term.

(Form Bd. Appvd. 12102009) LEASE NO. 3-8797 STATE OF WYOMING APPLICATION TO LEASE STATE LANDS FOR GRAZING AND AGRICULTURAL PURPOSES THIS APPLICATION MUST BE COMPLETED IN FULL OR IT WILL NOT BE ACCEPTED TO: THE OFFICE OF STATE LANDS AND INVESTMENTS, Herschler Building, Cheyenne, Wyoming 82002-0600. Pursuant to the provisions of Wyoming Statutes 36-5-101 to 36-5-113 and amendments subsequent thereto, the undersigned hereby makes application to lease the lands described below for a term not exceeding ten years: EXPIRING LEASE IS HELD IN THE FOLLOWING NAME: IF YOU ARE APPLYING FOR THE LEASE IN ANOTHER NAME OR YOU ARE NOT THE CURRENT LESSEE, PLEASE INDICATE HOW THE LEASE IS TO BE HELD. (NOTE: IF YOU ARE THE CURRENT LESSEE AND ARE REQUESTING A NAME CHANGE, YOU WILL BE REQUIRED TO COMPLETE A LEASE ASSIGNMENT FORM IN ACCORDANCE WITH WYOMING STATUTES 36-5-105) (Fill in exactly as you want name shown on lease) DESCRIPTION OF LANDS APPLIED FOR: Acres Description Sec Twp Range Co 640.000 ALL 36 42.0N 117.0W TE Acres Description Sec Twp Range Co TOTAL ACRES 640.000 WITH 2,507 ANIMAL UNIT MONTHS OF FORAGE (1) (a) Is the applicant a limited partnership? A general partnership? A corporation? Is it qualified under the laws of the State of Wyoming to do business and is it registered with the Wyoming Secretary of State? (b) If the applicant is an individual are you a citizen of the United States? become a citizen? (If not, have you declared your intention to (2) Are you the owner, lessee or lawful occupant of lands adjoining the lands applied for? Yes No If you are not the owner, lessee or lawful occupant of lands adjoining the lands applied for, do you have legal access or can you acquire legal access to the state lands? Yes No Please list those parcels of state land that you do not have legal access to and cannot acquire legal access to: (3) Do the state lands applied for have legal public access? Yes Please list those sections of state land that have legal public access No (4) Do you have actual and necessary use for the land and its forage? Yes No If yes, how do you anticipate grazing on this lease: Continuous (Year Round) Seasonal (check all that apply): Spring Summer Fall Winter Rotational (please describe): If your grazing lease is part of a federal grazing allotment, please provide the allotment name(s):

If this is an agricultural lease, list what types of crop(s) to be grown on the state land (including hay): Will you irrigate the state land? Yes No If Yes, please describe your method of irrigation (5) How many head of livestock, by type, do you own? Horses? Cattle? Sheep? Other? Totals: (6) Are the state lands fenced in with other lands that you own or control? Are they fenced separately? (7) (8) Do the lands contain stock or irrigation water? How many months each year? In what form? Wells Springs Reservoirs Creeks or Rivers (names) If you hold the expiring lease upon the lands applied for, have the leased lands been included in a sublease or pasture agreement of any kind during the past lease term? Yes No Do you plan to enter into a sublease or pasture agreement in the future? Yes No (9) To your knowledge, are there known noxiousinvasive weeds or pests present on the state lands applied for? Yes No Describe If Yes, have you participated in control efforts through the County Weed & Pest Control District? (10) Are there any areas of concern on the state lease (i.e. dumps, oil field trash, public abuse, etc.)? If so, please describe and give approximate location: (11) Are there any improvements located on the lands applied for? the application. If YES complete the following Improvement Section of (12) IMPROVEMENTS: ( Contributory Value means the increased value of the property after the lessee s improvements are considered) If you are the owner of the improvements located upon the lands applied for, use your best judgment in calculating the contributory value of improvements. It is important that you provide an estimate should a conflicting application be filed, or should a decision be made to nominate the land for sale during the term of the lease. DEPOSIT FOR IMPROVEMENTS: If you are not the owner of the improvements located upon the lands applied for, use your best judgment in calculating the contributory value of the improvements and remit a deposit equal to your contributory value estimate; as required by law. (13) THIS APPLICATION MUST BE ACCOMPANIED BY THE FIRST YEAR S ANNUAL RENTAL AND REQUIRED FEES, AS SET FORTH BELOW: ANNUAL RENTAL $13,888.78 APPLICATION FILING FEES 25.00 TOTAL REMITTANCE $13,913.78 (non-refundable) ANNUAL RENTAL OFFER IF OTHER THAN SPECIFIED ABOVE OR IF FILING A CONFLICTING LEASE APPLICATION: ANNUAL RENTAL APPLICATION FILING FEES TOTAL REMITTANCE 25.00 (non-refundable)

THE APPLICANT HAVING MADE STATEMENTS HEREIN FOR THE PURPOSE OF OBTAINING A LEASE FROM THE STATE OF WYOMING, AGREES THAT IF AWARDED A LEASE UPON ANY PART OF SAID LANDS HE WILL COMPLY WITH ITS COVENANTS AND WITH THE RULES AND REGULATIONS OF THE BOARD OF LAND COMMISSIONERS RELATING THERETO. THE EXECUTION AND DELIVERY OF A LEASE BY THE BOARD SHALL BE CONSIDERED AN ACCEPTANCE OF SAID APPLICATION. BY ACCEPTING THIS LEASE OF STATE LAND, THE LESSEE AGREES TO PROVIDE OR MUST EXERCISE HIS BEST EFFORTS TO OBTAIN REASONABLE YEAR-ROUND INSPECTION AND MANAGEMENT ACCESS TO THE BOARD OF LAND COMMISSIONERS AND ITS AGENTS WHEN REASONABLE PUBLIC ACCESS IS NOT OTHERWISE AVAILABLE. SUCH ACCESS WOULD EITHER BE ACROSS THE LESSEE S ADJOINING DEEDED LAND OR ADJACENT LANDS NOT OWNED BY THE LESSEE THROUGH THE USE OF ANY ACCESS RIGHTS HELD BY THE LESSEE, IF THE OTHER LANDOWNER IS AGREEABLE. (Application must be signed by applicant and all co-applicants. If a corporation, application must be signed by an authorized officer.) DATED (SIGN) (SIGN) (SIGN) (SIGN) RENTAL NOTICES TO BE MAILED TO: (NAME) (ADDRESS) (PHONE) THE ATTACHED PLAT MUST BE COMPLETED WITH THE REQUIRED INFORMATION OR YOU MAY ATTACH A RANCH OR QUAD MAP

IMPROVEMENTS ON Section 36, Township 42 North, Range 117 West, 6 th P.M. Fences: 5½ Miles of Border and Cross Fences Water Related Improvements: Six Laterals of the Hazel Ditch with associated field and feeder ditches Four Crossings of the Hazel Ditch Hazel Ditch Head of Drain Last Chance Ditch entering at 3 locations on North Boundary Last Change Ditch East with approximately 3 field ditches and drain Last Chance Ditch Middle with approximately 10 field ditches, a Turn Out and Bridge Last Chance Ditch West Turn out Two Miscellaneous Ditch Crossings

Cf 6303 1%: 0 p. - 0 Dr ; _, ~-; I - li II 1 1 I ~ )~~ $1 0 4 I, S I ~1 IA 0 U) -J I 627*) 3 1 I N - : j S-3 5732507 36~ s-i 600 45 C ~ c ( (F ( (I r. 625 ~...~, 6238 ~ 1~~ V n.m Lsa134.42-117 ) F_._ bsta If 0 0.25 0.5 Miles r~ ~ flf(_d~m.n_n w~s~)~ N Ta pbtw.d~~tb~t~dtad Date: 1111812013 T.A T-S ~ W Id ~ne~w.~s n.atv& By: Stacie Thompson 227 TI di ~~. Th~ 4II.t.U. WI..nITIMS...f,a..I.I. ~ ~ -.0101. I 1.kl~1. ITti p~~t01~ad. S j