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State of Colorado <br /> Department of Natural Res9trYMCOLORADO. <br /> Divisi fe m l , 111/ni <br /> DIVISION OF RECLAMATION,MINING AND SAFETY RE ASED ON: v <br /> Department of Natural Resources AS );".)0(J <br /> COL <br /> ORADO <br /> 1313 Sherman St.,Room 215 D t v i s I ON OF <br /> DenJer,Colorado 80203 y. RECLAMATION <br /> Phone:(303)866-3567 MININGi <br /> FAX:(303)832-8106 <br /> SAFETY <br /> FINANCIAL WARRANTY <br /> CHECK FOR DEPOSIT IN STATE TREASURY <br /> RECEIVED <br /> THIRD PARTY <br /> MAR 23 2017 <br /> 6f R&I� i <br /> Operator: South Forty Recreation,LLC Mining&SOW <br /> Operation: Canon city East Pit <br /> Permit No.: M-1977-559 Check No.: 508 <br /> Warrantor: Grace Lindner Family Trust <br /> This form has been approved by the Mined Land Reclamation Board pursuant to sections 34- <br /> 32-117, C.R.S., of the Mined Land Reclamation Act and 34-3Z5-117, C.R.S., of the Colorado <br /> Land Reclamation Act for the Extraction of Construction Materials. Any alteration or <br /> modification of this form, without approval by the Board shall result in the financial warranty <br /> being invalid and result in the voiding of any permit issued in conjunction with such invalid <br /> financial warranty and subject the operator to cease and desist orders and civil penalties for <br /> operating without a permit pursuant to sections 34-32-123, C.R.S., of the Mined Land <br /> Reclamation Act and 34-3Z5-123, C.R.S., of the Colorado Land Reclamation Act for the <br /> Extraction of Construction Materials. <br /> KNOW ALL MEN BY THESE PRESENTS, THAT: <br /> WHEREAS, the Colorado Mined Land Reclamation Act (C.R.S.§ 34-32-101 et seq.) and <br /> the Colorado Land Reclamation Act for the Extraction of Construction Materials (C.R.S. § 34- <br /> 32.5-101 et. seq.)(each referred to herein as an"Act" and collectively the "Acts")provide that no <br /> reclamation permit may be issued until the Mined Land Reclamation Board (the "Board") <br /> receives a financial warranty(or warranties) as described in the Acts. <br /> WHEREAS, South Forty Recreation,LLC (the "Operator), a <br /> Colorado limited liability company , (state and legal entity of Operator) has applied <br /> for a permit to conduct a mining operation known as Canon City East Pit <br /> (the "Operation"), on certain lands in Fremont County, Colorado. <br /> Such lands are described in the permit application, as amended and supplemented, and are <br /> referred to herein as the "Affected Lands." <br />