PERMFILE66022

• Permit No: M2006075
• IBM Index Class Name: Permit File
• Doc Date: 2/28/2007
• Doc Name: Decision Ltr-FW & PW Request
• From: DRMS
• To: Granby Realty Holdings L.L.C.
• Media Type: D
• Archive: No

STATE OF COLORADO
DIVISION OF RECLAMATION, MINING AND SAFETY
Department of Natural Resources
1373 Sherman S[., Room 215
Denver, Colorado 80203 C O L O R A D O

Phone: [phone] DIVISION OF
RECLAMATION
KAx: (303) e3z-Br o6 M [ N I NG
-&-
SAF ETY
Bill Ritter, Jr.
Governor
PERFORMANCE WARRANTY Hartis D. Sherman
Executive DIrLY7or
Ronald W. Cottony
Division DlreCtOr
Natural Resource Trustee
Permittee: Granby Rea ty Holdings, LLC
Operation: Overlook Mine
Permit No: M-2006-075
This form has been approved by the Mined Land Reclamation Board pursuant to sections 34-32-117, C.R.S.,
of the Mined Land Reclamation Act and 34-32.5-117, C.R.S., of the Colorado Land Reclamation Act for the
Extraction of Construction Materials. Any alteration or modification of this form, without approval by the
Board shall result in the f nancia[ warranty being invalid and result in the voiding of any permit issued in
conjunction with such invalid financial warranty and subject the operator to cease and desist orders and civil
penalties for operating without a permit pursuant to sections 34-32-123, C.R.S., of the Mined Land
Reclamation Act and 34-32.5-123, C.R.S., of the Colorado Land Reclamation Act for the Extraction of
Construction Materials.
KNOW ALL MEN BY THESE PRESENTS, THAT:
WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 34-32-101 et seg. (the "Act"), as
amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials,
C.R.S. 34-32.5-101 et seg. (the "Act"), as amended, provides that no permit may be issued under the Act until the
Mined Land Reclamation Boazd (the "Board") receives a performance warranty (or warranties) that is a written
promise to comply with all applicable requirements ofthe Act.
WHEREAS, Granby Realty Holdings, LLC (the "Permittee"), has applied for a permit to conduct a mining
operation known as Overlook Mine (the "Operation"} on certain lands in Grand County, Colorado. These lands
aze described in the permit application, as amended and supplemented, and are referred to herein as the "Affected
Lands".
WHEREAS, in its application for the permit, the Permittee has agreed to be bound by atl requirements of
the Act and all applicable rules and regulations of the Board, as amended from time to time.
WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of
reclamation with regard to those affected lands in Grand County which are now or may become subject to the
permit aze those amounts for the stated periods of time as set forth in the financial warranty, which may be
amended from time to time to reflect revised estimates of said costs of reclamation.
Once of Office of
Mined Land Rxlamation Denver • Grand )unRion Durango Active and Inactive Mines