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• <br /> <br /> FOWLER STATE BANK <br /> ESTABLISHED 1899 ' /6(---1 <br /> / <br /> FOWLER, COLORADO 81039 �'l <br /> 201 MAIN STREET TELEPHONE 719-263-4276 <br /> State of Colorado <br /> Department of Natural Resources <br /> Division of Reclamation, Mining and Safety i\. :.C4EIVE <br /> v r? r. ra r, <br /> RELEASED ON:,^_ ;�'i IRREVOCABLE LETTER OF CREDIT 4 -L i <br /> Divfrsian of Reclamation, <br /> By: ,i j <br /> The Fowler StateBank of Fowler, Colorado <br /> Street: 201 Main Street <br /> City: Fowler <br /> State: Colorado Zip Code: 81039 <br /> Area Code: 719 Telephone: 2634276 <br /> Beneficiary: LETTER OF CREDIT NUMBER: <br /> STATE OF COLORADO Amount U.S. $72,000.00 <br /> MINED LAND RECLAMATION BOARD Date of Issuance: June 14, 2010 <br /> 215 CENTENNIAL BUILDING Initial Expiration Date: June 14, 2011 <br /> 1313 SHERMAN STREET <br /> DENVER,COLORADO 80203 <br /> Applicant: Korinek Sand &Gravel <br /> Street: 640 Lane 15 <br /> City: Manzanola <br /> State: Colorado Zip Code: 81058 <br /> Area Code: 719 Telephone: 469-6510 <br /> Gentlemen: <br /> We hereby issue and establish our irrevocable letter of credit,the amount of which is available by beneficiary's draft or <br /> 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 of <br /> 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 /> Korinek Sand&Gravel or its successor has neglected, failed, or refused to pay such <br /> amount although requested to do so by the Director. <br /> Office of Office of <br /> Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines <br />