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STATE OF .COLORADO <br /> DIVISION of MINERALS AND GEOLOGY RECEIVED <br /> Department of Natural Resources ' <br /> 1313 Sherman St.,Room 215 _ D I V I S I O N C <br /> Denver,Colorado 80203 <br /> Phon �3 567 ���+� `i t MINERAL <br /> ne��o' P ¢o,tiral Resourceand Safety <br /> I- + on, Mining Division of Mineralg#d$eolo'y G E O L O G <br /> iIUfttbCi�. " RECLAMATIO <br /> ON i1,2� ag PERFORMANCE WARRANTY MINING•SAFET <br /> FE__'ASED� �'��t2. T1,kbC'� <br /> -.___-.J.t f-4' 0Q Bill Owens <br /> ��1,ppJ41+�� Governor <br /> c"1Vslw'U 1• Greg E.Walther <br /> Executive Director <br /> gyy Frank' Laughrey Michael B.Long <br /> Operator: Division Director <br /> Operation: Tiger Timber, Inc. <br /> Permit No: M-1991-082 <br /> r • <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 seq. (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)that <br /> is a written promise to comply with all applicable requirements of the Act. <br /> WHEREAS, Frank Laughrey (the "Operator"), has applied for <br /> a permit to conduct a mining operation known as Tiger Timber, Inc. <br /> (the "Operation")on certain lands in Teller County,Colorado.. These <br /> lands are described in the permit application, as amended and supplemented, and are referred to.herein as <br /> 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 Teller County which are now or may <br /> become subject to the permit are those amounts for the stated periods of time as set forth in the financial <br /> warranty,which may be amended from time to time to reflect revised estimates of said costs of reclamation. <br /> WHEREAS, the Operator hereby gives the Board a performance warranty pursuant to <br /> Section 34-32-117(2) or Section 34-32.5-117(2) of the Act, and herein promises the Board that it will <br /> comply with all applicable requirements of the Act with regard to those Affected Lands. <br />