REV01800

• Permit No: C1981022
• IBM Index Class Name: Revision
• Doc Date: 8/16/1995
• Doc Name: COAL RECLAMATION BOND FOR USE WITH US TREASURY NOTE FEDERAL MINES
• Type & Sequence: SO2
• Media Type: D
• Archive: No

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STATE OF COLORADO ~ I
DIVISION OF MINERALS AND GEOLOGY
Department of Natural Resources
1713 Sherman SL, Raom 215
Denver, CO 80203
Phone: (303186(x3567
FAX: [phone]
COAL RECLAMATION BOND
FOR USE WITH U.S. TREASURY NOTE
FEDERAL MINES
Permit No. c-al-ozz
of coro
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Roy Romer
Goverrgr
RECEIV~onDrtecwr
AUG 16 1995
Division of Minerals ti< Geology
KNOW ALL MEN BY THESE PRESENTS, That Pacific sasin Resources
A Division of Oxbow Carbon & Minerals, Inc.
of the County of Gunnison in the State of coloraao as
Principal (hereinafter "Principal" whether one or more Principals), 1s held
hereby and firmly bound unto the State of Colorado ("the State") and the
United States/Office of Surface Mining Reclamation and Enforcement (OSMRE>, in
the sum of Tan 7~hnneanrl ~n,i nn/inn---------- )
---------------------------------------------DOLLARS ($ in,nnn_nn
for payment cf which sum, well and truly to be made, the Principal hereby
binds itself and its successors and assigns ~i~mly by these presents.
Principal has caused Norwest Bank of
(;rand Junction. N.A. $tdte Of Cnlnrarin ("the Bank"
to issue its U.S. Treasury Note Safekeeping Receipt` No. az975, coslP #91zaz7~4e
dated June 26 1995, payable to State of Colorado Mined Land
Reclamation, Board and United States/OSMRE, in the amount
Of Ten thousand and 00/100----------------DOlldrs <$10,000.00 )
and has delivered it to the State, to be held by the State as Surety ("the
Surety") for the faithful performance by the Principal of the Principal's
obligations to the State and the United States/OSMRE evidenced by this bond.
The Bank is not a party to this agreement. Upon termination of the
Cooperative Agreement entered into between the State of Colorado and the
Department of the Interior, all bonds shall revert to being payable only to
the United States (OSMRE) to the extent that Federal lands are involved.
NHEREAS, the Principal has applied for a permit to conduct mining and
reclamation operations on certain lands in cunn~son County, Colorado
which, for convenience of reference, are described as follows:
See Attached Exhibit A
Safekeeping Receipt for U.S. Treasury Bond in the market value
Of $10,000.00 Maturity value