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STATE OF COLORADO <br /> DIVISION OF RECLAMATION,MINING AND SAFETY <br /> Department of Natural Resources <br /> 1313 Sherman St.,Room 215 COL O R A D O <br /> D I V I S i o tv o P <br /> Denver,Colorado 80203 <br /> RECLAMATION <br /> Phone:(303)866-3567 <br /> FAX:(303)832-8106 MINING <br /> N I N G <br /> �t— <br /> SAFETY <br /> John W.Hickenlooper <br /> Governor <br /> PERFORMANCE WARRANTY Mike King <br /> Executive Director <br /> Virginia Brannon <br /> Director <br /> Operator: Phillips County <br /> Operation: Phillips County Landfill Pit <br /> Permit No: M-2013-084 <br /> This form has been approved by the Mined Land Reclamation Board pursuant to sections 34-32-117, <br /> C.R.S., of the Mined Land Reclamation Act and 34-32.5-117, C.R.S., of the Colorado Land <br /> Reclamation Act for the Extraction of Construction Materials. Any alteration or modification of this <br /> 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 <br /> operator to cease and desist orders and civil penalties for operating without a permit pursuant to <br /> sections 34-32-123, C.R.S., of the Mined Land Reclamation Act and 34-32.5-123, C.R.S., of the <br /> Colorado Land Reclamation Act for the Extraction of Construction Materials. <br /> KNOW ALL MEN BY THESE PRESENTS,THAT: <br /> WHEREAS,the Colorado Mined Land Reclamation Act, C.R.S. 34-32-101 et sec. (the"Act"), as <br /> amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials, <br /> C.R.S. 34-32.5-101 et sect. (the"Act"), as amended, provides that no permit may be issued under the Act <br /> until the Mined Land Reclamation Board (the 'Board") receives a performance warranty (or warranties) <br /> that is a written promise to comply with all applicable requirements of the Act. <br /> WHEREAS, Phillips County (the "Operator"), has applied for a permit to conduct a mining <br /> operation known as Phillips County Landfill Pit (the "Operation") on certain lands in Phillips County, <br /> Colorado. These lands are described in the permit application, as amended and supplemented, and are <br /> referred to herein as the"Affected Lands". <br /> WHEREAS, in its application for the permit, the Operator has agreed to be bound by all <br /> requirements of the Act and all applicable rules and regulations of the Board, as amended from time to <br /> time. <br /> WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of <br /> reclamation with regard to those affected lands in Phillips County which are now or may become subject <br /> to the permit are those amounts for the stated periods of time as set forth in the financial warranty, which <br /> may be amended from time to time to reflect revised estimates of said costs of reclamation. <br /> -2 - <br /> Office of Office of <br /> Mined Land Reclamation Denver•Grand Junction•Durango Active and Inactive Mines <br />