G R A V E L L E A S E CivicWeb
Page 3 (Gravel Lease) 4.02.1 The Royalty Rate shall be: (a) $3.00 per cubic yard for the Gravel removed from the Lands. (b) Calculation of gravel and elimination amounts shall be based upon the records and measurements of the Grantee. If required, the conversion of weight to volume shall be calculated using a ratio of 1.247 Tonnes equals (=)