2018-05-15_REVISION - M1983067

• Permit No: M1983067
• IBM Index Class Name: Revision
• Doc Date: 5/15/2018
• Doc Name Note: Approval Document
• Doc Name: Approval Document
• From: DRMS
• To: Albert Frei & SOns Inc.
• Type & Sequence: SL1
• Email Name: JLE
• Email Name: WHE
• Email Name: GRM
• Email Name: BJC
• Media Type: D
• Archive: No

•
International Trade Services [phone]
0 6 4,l UMB® 1008 Oak Street Fax:[phone]
,4,�(,J P.O.Box 419226 Swift Address: "UMKCUS44"or
1� State of Coloranosas City,Missouri 64141-6226 "UMKCUS44INT"
Department of Natural Resources , M 1‘1 g3 (7°7
Division of Reclamation, Mining and Safety �i;r'� I ( . Pr
RELEASED ON: //-a p/g ' it �
JULY 06, 2011 it;i40/./90taitY12.- r 10)16 44,44
By: l ,.4 1A I -s C 6(77.4-A
IRREVOCABLE LETTER OF CREDIT NO. S500921
THE UMB BANK, N.A. BANK OF KANSAS CITY, MISSOURI
STREET: 1008 OAK STREET, ATTN: INTERNATIONAL TRADE SERVICES
CITY: KANSAS CITY
STATE: MISSOURI ZIP CODE: 64106
AREA CODE: 816 TELEPHONE: [phone] OR 860-7550
BENEFICIARY: LETTER OF CREDIT NUMBER:
STATE OF COLORADO, MINED AMOUNT U.S. $231, 191.00
LAND RECLAMATION BOARD DATE OF ISSUANCE: JULY 6, 2011
215 CENTENNIAL BUILDING INITIAL EXPIRATION DATE: JULY 6, 2012
1313 SHERMAN STREET
DENVER, CO 80203 .
APPLICANT: ALBERT FREI & SONS, INC.
STREET: 7321 E. 88TH AVE. , SUITE 100 (P.O. BOX 700)
CITY: HENDERSON
STATE: COLORADO ZIP CODE: 80640
AREA CODE: 303 TELEPHONE: [phone]
WE HEREBY ISSUE AND ESTABLISH OUR IRREVOCABLE LETTER OF CREDIT,
THE AMOUNT OF WHICH IS AVAILABLE BY BENEFICIARY'S DRAFT OR
• DRAFTS DRAWN UPON US, WHICH SHALL BE PAID AT SIGHT, WHEN
ACCOMPANIED BY THE FOLLOWING DOCUMENT:
1. A WRITTEN STATEMENT OF THE DIRECTOR ("THE DIRECTOR") OF THE
DIVISION OF RECLAMATION, MINING AND SAFETY OF THE STATE OF
COLORADO ("THE DIVISION") CERTIFYING THAT HE IS A DULY
AUTHORIZED OFFICIAL ACTING ON BEHALF OF THE STATE OF COLORADO
AND THAT THE AMOUNT OF THE ACCOMPANYING SIGHT DRAFT IS DUE AND
PAYABLE TO THE STATE OF COLORADO PURSUANT TO APPLICABLE
PROVISIONS OF COLORADO STATUTES GOVERNING MINED LAND RECLAMATION
AND THAT ALBERT FREI & SON'S INC. OR ITS SUCCESSOR HAS
NEGLECTED, FAILED, OR REFUSED TO PAY SUCH AMOUNT ALTHOUGH
REQUESTED TO DO SO BY THE DIRECTOR.
EACH SIGHT DRAFT SO DRAWN AND PRESENTED SHALL BE HONORED BY US
IF PRESENTED PRIOR TO THE CLOSE OF BUSINESS ON THE EXPIRATION
DATE OF THIS LETTER OF CREDIT. THE BANK SHALL MAKE A PAYMENT BY
WIRE TRANSFER TO THE BENEFICIARY. THIS CREDIT REFERS TO ALBERT
FREI & SONS, INC. 'S APPLICATION FOR A PERMIT TO ENGAGE IN MINING
AND RECLAMATION ACTIVITIES WITHIN THE STATE OF COLORADO.
IT IS AN EXPRESS CONDITION OF THIS LETTER. OF CREDIT THAT IT
SHALL BE AUTOMATICALLY EXTENDED FOR SUCCESSIVE ADDITIONAL
PERIODS OF ONE YEAR EACH, FROM THE INITIAL AND EACH FUTURE