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San Luis Valley Federal Bank <br /> A Mutual Bank serving the Valley since 1899 <br /> IRREVOCABLE LETTER OF CREDIT <br /> The San Luis Valley Federal Bank Boof <br /> Street: 401 Edison Avenue <br /> City Alamosa <br /> State: Colorado Zip Code: 81101 <br /> Area Code: 719 Telephone: 589.8800 <br /> Beneficiary: LETTER OF CREDIT NUMBER: 2014-03 <br /> STATE OF COLORADO Amount U.S. x524,407.62 <br /> MINED LAND RECLAMATION BOARD Date of Issuance: 7/11114 <br /> 215 CENTENNIAL BUILDING Initial Expiration Date: 7/11/15 <br /> 1313 SHERMAN STREET <br /> DENVER,COLORADO 80203 <br /> Applicant: Robins Construction, LLLP <br /> Street: 8412 State Highway 285 <br /> City: Antonito <br /> State: CO Zip Code: 81120 <br /> Arca Code: 719 Telephone: 376.2351 <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 wr'tten 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 /> A pursuant to applicable provisions of Colorado statutes governing mined land reclamation and that <br /> Robins Construction,LLLP or its successor has neglected,failed,or refused to pay such <br /> amount although requested to do so by the Director. <br /> 401 Edison Ave. ♦ P.O.Box 780 330 Solar Ave. i P.O.Box 248 3415 Mariposa ♦ P.O.Box 780 <br /> Alamosa,CO 81101-0780 Monte Vista,CO 81144-0248 Alamosa,CO 81101-0780 <br /> Phone (719)589-6653 Job P� �1•r ).$R CE Phone:(719)587-4033 <br /> SuRuirobiKoga-es ring4 <br /> �•'� r Fax:{719)587 3545 <br /> 719-589-6147 Email slvfed�stvted.com + vvww.slvfed.com <br /> Alamosa, CO <br />