Specifications include, but are not limited to: 2.1.1 Timber and Harvest Description: Operator-select thinning from below on +/- 73 acres of 29-year-old loblolly pine plantation, removing 50% of the pine stocking and all merchantable hardwood. (Reference Exhibit F) 2.1.2 Tract Location: 236.19 Acres (2 parcels: 150.69 ac, A-462, O.W. Randall survey, parcel 36; and 85.5 ac., A-82, J. Bailey survey, parcel 3) as described in warranty deeds Vol 2104, pg 129 and Vol 2762, pg 314, Nacogdoches County, Texas. Located on Nacogdoches County Road 124 approximately 1.5 miles east of US Highway 259, 7.6 miles north of Nacogdoches, Texas (Reference Exhibit F). 2.1.3 Sale Conditions: • A period of 12 months will be granted for cutting and removing the timber. • Payment will be “pay-as-cut” for all product classes. • Harvesting will be conducted according to Texas Best Management Practices. Stream-side management zones (SMZ) are marked with orange paint; no harvesting is allowed in SMZs. • All improvements, including but not limited to, roads, fences, gates and drainages will be protected and maintained. Any damage to improvements will be repaired at the buyer’s expense. Roads will be returned to pre-existing or better condition, at the buyer’s expense when harvest is complete. • Successful bidder and Harvest Contractor must have satisfactory insurance for auto, liability and workman’s compensation. • Harvest Contractor will be required to maintain wood accountability forms and load tags. • Scale tickets, accountability forms and pay-as-cut payments will be issued weekly. • Owner reserves the right to accept or reject any or all bids. • A prepayment in the amount of $3,000, and security deposit in the amount of $2,000, will be required upon signature of the Timber Sale Agreement. • Contractor is required to meet minimum insurance requirements (Reference section 2.2)
