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LAND RECLAMATION BOARD Department of Natural Resources '~ - III~II~II~II~~II~II sss oom 215, 1845 Sherman St. Telephone: .892-3401 enver, Colorado 80203 Land Stabilization and Reclamation Axreement i THIS AGREEMENT is entered into this day of .'' , 1974 by and between THE SPATE OF COLORADO, by and through its Director of Natural Resources and the Land Reclamation Board (hereinafter referred to as "State") and Schmidt Construction, Inc (hereinafter referred to as "Schmidt"). W I T N E S S E T H WHEREAS, Schmidt desires to operate a sand and gravel pit in the North '~, Section 13, the South '~, Section 12, and the Southeast '~, Section 13, Township 16 South, Range 66 West, S1 Paso County, Colorado, better known as the Christian Pit; and, ~~'~s ~s( ~s ~,c-goo rc..u) WHEREAS, Schmidt has submitted a plan on the Proposed Land Stabilization and Reclamation Procedures for the proposed sand and gravel pit operations; and, WHEREAS, Said Christian Pit will be operated for the purpose of extracting sand and gravel for commercial marketing and, WHEREAS, The Colorado Open Mining Land Reclamation Act provides statutory authority for the Land Reclamation Board of the State of Colorado to enter into agreements with operators or persons in charge of quarry operations such as those contemplated by Schmidt to insure that the necessary stabilization and reclamation work will be done to prevent land- slides, floods or erosion. This section of the law further provides that the Land Reclamation Board requires a performance bond conditioned upon the faithful performance of the stabilization work required by the Board; and, WHEREAS, The Land Reclamation Board has determined that the mining operation to be conducted by Schmidt in said Sections 12 and 13 could have an adverse-affect on the environment and could result in Landslides or erosion if proper stabilization and reclamation procedures are not followed.