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Y FniF. <br /> Fowler State Bank <br /> �`� 15�t*b ished 1899 <br /> 20� et go.wler,.Colorado 81039 Telephone(719)263-4276 <br /> DEB �� ZOZZ <br /> IRREVOCABLE LETTER OF CREDIT p11J1SO4 OF RCLM,NRA 5 <br /> Mti�tNp&SA�E�YN <br /> The Fowler State Bank of <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 /> Beneficiary: LETTER OF CREDIT <br /> STATE OF COLORADO NUMBER: <br /> MINED LAND RECLAMATION BOARD <br /> 215 CENTENNIAL BUILDING Amount U.S. $ 3,758,100 <br /> 1313 SHERMAN STREET Date of Issuance: 01/31/2022 <br /> DENVER,COLORADO 80203 Initial Expiration Date: <br /> Applicant: Arkansas Groundwater and Reservoir Association <br /> Street: 205 S. Main Street _ <br /> City: Fowler <br /> State: CO Zip Code: 81039 <br /> Area Code: 719 Telephone: 826-2597 <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 /> Arkansas Groundwater and Reservoir Association or its successor has neglected, failed, or refused to pay <br /> such amount although requested to do so by the Director. <br />