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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) 8328106 <br />i16��a <br />Ci V1 sIvG- <br />f l Da rti5 <br />Ildlzvls <br />M, a„ 0011-10 <br />STATE OF COLORADO <br />RECEIVED <br />FEB 2 6 2013 <br />Division of Ree amation, <br />Mining $ Saf* <br />FINANCIAL WARRANTY <br />CORPORATE SURETY <br />al1l" PARTY) <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SAFETY <br />Principal: Old Castle SW Group, Inc. dba United Companies of Mesa County <br />Permittee: Varra Companies, Inc. <br />Operation: Sea Horse Ranch West Gravel Pit <br />Permit No.: M-2001-113 Bond No.: $ 16o ,q 80.00 <br />Surety: <br />Fidelity and Deposit Company of Maryland <br />Street: 1400 American Lane, Tower One, 18th Floor <br />City: Schaumburg <br />State: IL Zip Code: 60196 <br />Area Code: 801 Telephone: 533-3624 <br />This form has been approved by the Mined Land Reclamation Board pursuant to sections 34-32-117, CRI, of the Mined Land <br />Reclamation Act and 34-325-117, GRI, of the Colorado Land Reclamation Actfor theE rbuedon of ConstrucdonMa&714& Any <br />alteradon or modljicadon of this form, without approval by the Board shaU result In the frnanckd warranty being invalid and result <br />In the voiding of any permit issued In conjunction with such invalld fuumcial warranty and subject the operator to cease and desist <br />orders and elvilpenaMes for operating without apermitpursuant to sections 34-32-123, CRS, of the hfinedLandReclamadon Act <br />and 34-32.3-123, CRS, of the Colorado Land Reclamation Act for the Fx1racdon of Consvuedon 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 coq, . (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 />WFIEREAS, Varra Companies, Inc. (the "Permittee"), a Colorado <br />corporation, has applied for a permit to conduct a mining operation blown as SEA HORSE RANCH WEST GRAVEL PIT _(the <br />"Operation"), on certain lands in Gunnison County, Colorado. These lands are described in the <br />permit application, as amended and supplemented, and are referred to herein as the "Affected Lands". <br />WHEREAS, in the application for the permit, the Permittee has agreed to be bound by all requirements of the Act and <br />all applicable rules and regulations of the Board, as amended from time to time. <br />Office of Office of <br />Mined Land Reclamation Denver • Grand junction • Durango Active and Inactive Mines <br />