Laserfiche WebLink
~G /via coo C:.,d~ lulu <br />Illiliiilllllllllll <br />999 <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />111 3 Sherman 8t., Room 215 <br />Denver, CO 80207 <br />Phone: 13011 866.3567 <br />FAX 13031817-8106 <br />Coal Reclamation Bond <br />For Use with Letter of Credi <br />Permit No.: c-el-o24 <br />OF ~~[O <br />~~~b <br />oCrGI~~F(~ ~ o <br />JAN 16 1996 ~ ~°" ~ . <br />Roy Romer <br />Goverror <br />Diws~On of ,yl,nerais rs Geoiury~ ¢hael B. Long <br />'bivivon Din[tor <br />KNOW ALL MEN BY THESE PRESENTS, That KAISER VENTURES INC. <br />Of the COUnty Of San Bernardinodnd $tdte Of California dS PrlnClpol, <br />(hereinafter "Principal", whether one or more Principals) is held hereby and <br />firmly bound unto the State of Colorado (the "State"), in the sum of <br />One Hundred Thousand D011drs <br />(S loo,ooo.oo ) for the payment of which sum, well and truly to <br />be made, the Principal hereby binds itself and its successors and assigns <br />firmly by these presents. <br />Principal hds Cdused First Business Bank Bank <br />Of Los Angeles $tdte Of (•aliforn;a <br />(the "Bank"), to issue its Irrevocable Letter of Credit No. c7gtn <br />dated April 27 1993, payable to the State of Colorado Mined <br />Land Reclamation Board (the "Board") in the amount of one Hunarea <br />Thousand Dollars (S loo,ooo.oo > (the "Letter <br />of Credit"> and has delivered it to the State, to be held by the State as <br />surety (the "Surety") for the faithful performance by the Principal of its <br />obligations to the State as evidenced by this bond. The Bank is not a party <br />to this agreement. Its obligations are set forth in its Letter of Credit. <br />Nothing in this instrument diminishes or qualifies the Bank's obligations <br />under its Letter of Credit. <br />WHEREAS, the Principal has applied for a permit (the "Permit") to <br />conduct mining and reclamation operations on certain lands in Huerfano <br />County, Colorado which, for convenience of reference, are described as follows: <br />Four miles west of Walsenburg on Colorado State Highway 69. <br />