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DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832 -8106 <br />Operator: <br />Operation: <br />Permit No.: <br />Warrantor: <br />Street: <br />City: <br />STATE OF COLORADO <br />FINANCIAL WARRANTY <br />CORPORATE SURETY <br />Northern Colorado Constructors, Inc. <br />Perry Pit <br />M1990098 Bond No.: <br />The Ohio Casualty Insurance Company <br />62 Maple Avenue <br />Keene <br />State: New Hampshire zip Code: 03431 <br />Area Code: (720) Telephone: 497 -9470 <br />COLORADO <br />D I V I S I O N OF <br />RECLAMATION <br />MINING <br />SAFETY <br />RECEIVED <br />JAN 14 2014 <br />DMsiorl of Reclamation. <br />Mining & SeMy <br />This form has been approved by the Mined Land Reclamation Board pursuant to sections 34 -32 -117, C.R.S., of the Mitred Land <br />Reclamation Act and 34- 32.5 -117, C.R.S., of the Colorado Land Reclamation Act for the Extraction of Construction Materials. Any <br />alteration or modification of this form, without approval by the Board shall result in the financial warranty being invalid and result in <br />the voiding of any permit issued in conjunction with such invalid financial warranty and subject the operator to cease and desist <br />orders and civil penalties for operating without a permit pursuant to sections 34 -32 -123, C.R.S., of the Mined Land Reclamation Act <br />and 34- 32.5 -123, C.R.S., of the Colorado Land Reclamation Actfor the Extraction of Construction Materials. <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34 -32 -101 et sec. (the "Act "), as amended, <br />provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the 'Board ") receives a <br />Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, Northern Colorado Constructors, Inc. (the "Operator "), a Colorado <br />corporation, has applied for a permit to conduct a mining operation known as Perry Pit (the <br />"Operation "), on certain lands in Weld County, Colorado. These lands are described in the permit <br />application, as amended and supplemented, and are referred to herein as the "Affected Lands ". <br />WHEREAS, in the application for the permit, the Operator has agreed to be bound by all requirements of the Act and all <br />applicable rules and regulations of the Board, as amended from time to time. <br />WHEREAS, in the application for the permit, the Operator has agreed with the Board to provide for reclamation of the <br />Affected Lands that are now, or may become, subject to the permit, as required by law. <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction . Durango Active and Inactive Mines <br />