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J e , <br /> ��. , ,. r -t STATE OF COLORADO <br /> DIVISION OF RECLAMATION,MINING AND SAFETY <br /> Department of Natural Resources <br /> 1313 Sherman St.,Room 215 <br /> Denver,Colorado 80203 COLORADO <br /> DIVISIONOF <br /> Phone:(303)866-3567 RECLAMATION <br /> FAX:(303)832-8106 MINING <br /> State of Colorado —&.— <br /> Department of Natural Resources SAFETY <br /> Division of Reclamation, Mining and Safety <br /> FINANCIAL WARRANTY <br /> RELEASED ON: t2 <br /> LETTER OF CREDIT <br /> Aerator: KORINEK SAND & GRAVEL <br /> Operation: KORINEK SAND & GRAVEL <br /> Permit No.: KORINEK #1 PT, DRMS M-1979-131, CONVERSION 01 <br /> Bank: FOWLER STATE BANK <br /> Street: 201 MAIN STREET, P.O. BOX 68 <br /> City: FOWLER <br /> State: CO Zip Code: 81039 <br /> Area Code: 719 Telephone: 263-4276 <br /> This form has been approved by the Mined Land Reclamation Board pursuant to sections 34-32-117,C.R.S., <br /> of the Mined Land Reclamation Act and 34-32.5-117, CRS.,of the Colorado Land Reclamation Act for the <br /> Extraction of Construction Materials. Any alteration or modification of this form,without approval by the <br /> Board shall result in the financial warranty being invalid and result in the voiding of any permit issued in <br /> conjunction with such invalid financial warranty and subject the operator to cease and desist orders and civil <br /> penalties for operating without a permit pursuant to sections 34-32-123, C.R.S., of the Mined Land <br /> Reclamation Act and 34-32.5-123, C.R.S., of the Colorado Land Reclamation Act for the Extraction of <br /> Construction Materials. <br /> KNOW ALL MEN BY THESE PRESENTS,THAT: <br /> WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101 et seg. (the "Act"), as <br /> amended, provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the <br /> "Board")receives a Financial Warranty(or Warranties) as described in the Act. <br /> & GRAVEL <br /> WHEREAS, '- : : • . - • . : • _ • • - KORINEK SAND(the "Operator"), a <br /> SOLE PROPRIETOR emparartior4 has applied for a permit to conduct a mining <br /> operation known as KORINEK #1 PIT, DRMS-M-1979-131,CONV.01 (the"Operation"),on certain lands in <br /> CROWLEY County,Colorado.These lands are described in the permit application,as amended <br /> and supplemented, and are referred to herein as the"Affected Lands". <br /> Office of Office of <br /> Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines <br />