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ICOLORADO <br /> Division of Reclamation, <br /> Mining and Safety <br /> Department of Natural Resources <br /> 1313 Sherman St. Room 215 <br /> Denver, CO 80203 <br /> PERFORMANCE WARRANTY <br /> RECEIVED <br /> Operator: Washington County MAR 01 Z017 <br /> V A'sT0 t of RecfamaSM <br /> Operation: Laybourn Pit L&ning,&Safety <br /> Permit No: M-2016-074 <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 Reclamation <br /> Act for the Extraction of Construction Materials. Any alteration or modification of this form, without <br /> approval by the Board shall result in the financial warranty being invalid and result in the voiding of <br /> any permit issued in conjunction with such invalid financial warranty and subject the operator to cease <br /> and desist orders and civil penalties for operating without a permit pursuant to sections 34-32-123, <br /> C.R.S., of the Mined Land Reclamation Act and 34-32.5-123, C.R.S., of the Colorado Land Reclamation <br /> 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 se. (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 sew. (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, Washington County (the "Operator"), has applied for a permit to conduct a mining <br /> operation known as Laybourn Pit (the "Operation") on certain lands in Washington County, Colorado. <br /> These lands are described in the permit application, as amended and supplemented, and are referred to <br /> 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 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 Washington County which are now or may become <br /> subject to the permit are those amounts for the stated periods of time as set forth in the financial warranty, <br /> which may be amended from time to time to reflect revised estimates of said costs of reclamation. <br /> OF CUzO <br /> 01 <br /> 1313 Sherman St. Room 215 Denver, CO 80203 P(303)866-3567 F http://mining.state.co.us/ * �; <br /> John W. Hickentooper, Governor I Robert W. Randall, Executive Director I Virginia Brannon, Director <br /> *IR76 <br />