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<br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of ~lawral Resources <br />I )13 Sherman 51., Room 215 <br />Dem~er, Colorado 80203 <br />Phone: 1303) 866-3567 <br />FAX: (303)83:-8106 <br />PERFORMANCE WARRANTY <br />~~ <br />DIVISION O F <br />MINERALS <br />GEOLOGY <br />0.EC LAHATION <br />f11 NING•sAEETY <br />6111 Owens <br />Governor <br />Greµ E. lValcher <br />Etecubve DireUar <br />Permittee: AGRI-DLD LLC Michael g. Long <br />> Division Director <br />Operation: AGRI-DLD Gravel Pit <br />Petmit No: M-2000-030 <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 34-32-101 et sec . (the "Act"), as <br />amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials, <br />C.R.S. 34-32.5-101 et sec . (the "Act"), as amended, provides that no permit may be issued under the Act <br />until the Mined Land Reclamation Board (the "Board") receives a performance warranty (or wan•anties) <br />that is a vvritten promise to comply with all applicable requirements of the Act. <br />WHEREAS, AGRI-DLD, LLC (the "Permittee"), has applied for a permit to conduct a mining <br />operation known as AGRI-DLD Gravel Pit (the "Operation") on certain lands in La Plata County, Colorado. <br />These lands aze described in the permit application, as amended and supplemented, and are referred to <br />herein as the "Affected Lands". <br />WHEREAS, in its application for the permit, the Permittee has agreed to be bound by all <br />requirements of the Act and all applicable rules and regulations of the Board, as aznended from time to <br />time. <br />WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of <br />reclamation with regard to those affected lands in La Plata County which are now or may become subject <br />to the permit are those amounts for the stated periods of time as set forth in the financial warranty, which <br />may be amended from time to time to reflect revised estimates of said costs of reclamation. <br />WHEREAS, the Permittee hereby gives the Board a performance warranty pursuant to <br />Section 34-32-117(2) or Section 34-32.5-t 17(2) of the Act, and herein promises the Board that it will <br />comply with all applicable requirements of [he Act with regard to [hose Affected Lands. <br />