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DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman 5t., Room 215 <br />Denver, Colorado 86203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832.8106 <br />Operator: <br />Operation: <br />STATE <br />FINANCIAL WARRANTY <br />LETTER OF CREDU <br />6 5 Land and Cattle Co. <br />Permit No.: M-1986-101 <br />Bank: PlainsCapital Bank <br />Street: 501.0 University Ave. (P.O. Box 271; <br />City: <br />State: <br />Zip Code: <br />Area Code: _89fi Telephone: Z91_ <br />F COLORADO <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SAFETY <br />RECEIVED <br />FEB 2 0 201 <br />DIVISION OF RECLANIABO i <br />MINING AND SAFMY <br />T his forth has been approved by the Mined Land Reclamation Board pursu�fntto sections 34-32-117, C R.S:, <br />of the Mined Land Reclamation Act and 34-32.5-117, CR,S, of the Colors n Land Reclamation Act for the <br />Extraction of Construction Materials. Any alteration or modification oft is 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 t) cease and desist orders and civil <br />penalties for operating without a permit pursuant to sections 34-32-123, GDS, of the Mined Land <br />Reclamation Act and 34-32.5-123, C.R.S, of the Colorado Land Recla ation 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 M. (the "Act"), as <br />amended, provides that no permit may he 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 />WHEREAS, <br />Texas corporation, has applied f <br />operation known as 6 S Pit No. 1 <br />Pueblo County, Colorado. These lands are described in <br />and supplemented, and are referred to herein as the "Affected Lands". <br />(the "Operator"), a <br />a permit to conduct a mining; <br />e "Operation"), on certain lands in <br />permit application, as amended <br />Office of office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines <br />