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/1/1 <br /> ,c. y /) <br /> ertiA41-- <br /> , <br /> IRREVOCABLE LETTER OF CREDIT <br /> rulEn • 20'9 <br /> The Fowler State Bank of Fowler, Colorado toi0 recilmntion, <br /> Ni is iing <br /> Street: 201 Main Street, P.O. Box 68 <br /> City: Fowler <br /> State: Colorado Zip Code: 81039 <br /> 719 <br /> Area Code: Telephone: 263-4276 <br /> Beneficiary: LETTER OF CREDIT <br /> STATE OF COLORADO NUMBER: 303 <br /> MINED LAND RECLAMATION BOARD <br /> 215 CENTENNIAL BUILDING Amount U.S. $ 45,072.00 <br /> 1313 SHERMAN STREET Date of Issuance: December 19, 2018 <br /> DENVER,COLORADO 80203 Initial Expiration Date: December 19, 2019 <br /> Applicant: JH Sand & Gravel, LLC <br /> Street: . 5960 Co Ln 23 <br /> City: Sugar City <br /> State: Colorado Zip Code: 81076 <br /> Area Code: 719 Telephone: 267-4071 <br /> Gentlemen: <br /> We hereby issue and establish our irrevocable letter of credit,the amount of which is available by beneficiary's draft <br /> or drafts drawn upon us,which shall be paid at sight,when accompanied by the following document: <br /> A written statement of the Director("the Director")of the Division of Reclamation,Mining and Safety of the <br /> State of Colorado("the Division")certifying that he is a duly authorized official acting on behalf of the State <br /> of Colorado and that the amount of the accompanying sight draft is due and payable to the State of Colorado <br /> pursuant to applicable provisions of Colorado statutes governing mined land reclamation and that <br /> JH Sand&Gravel LLC or its successor has neglected, failed, or refused to pay <br /> such amount although requested to do so by the Director. <br />