2005-04-25_REVISION - M1978287

• Permit No: M1978287
• IBM Index Class Name: Revision
• Doc Date: 4/25/2005
• Doc Name: Ltr to Old Operator
• From: DMG
• To: Valco Gunnison Concrete Division
• Type & Sequence: SO1
• Media Type: D
• Archive: No

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of ~D~ DEPARTMENT OF NATURAL RESOURCES
.t`O - ~9
H~ -, 9O D, Monte Pascoe. EzecuWe Director
MINED LAND RECLAMATION DIVISION '
# ~~- DAVID C. SHEITON Director
'~ X876 ~`
Richartl D. 4amm RELr
Governor
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Mine `'Y PERFORMANCE WARRANTY v
by ~--'~~ °~" RECEIVED
Operator: Val co, Inc.
1983
Operation: Vader Pit
MINEO LAND RECLAMATION DIVlSlON
Permit No: 78-287 Colo. Dent „~ u,.,..... „___ -
es
KNOW ALL MEN BY THESE PRESENTS, THAT:
WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973,
34-32-101 et seg. (the "Act"}, as amended, provides that no permit may be
issued under the Act until the Mined Land Reclamation Board (the "Board"}
receives a performance warranty (or warranties) that is a written promise to
comply with all applicable requirements of the Act.
WHEREAS, Valco, Inc. (the "Operator"), a
Colorado corporation, has applied for a permit to conduct
a mining operation known as above (the "Operation"} on
certain lands in Gunnison County, Colorado. These lands are
described in Exhibi a ac a ereto, and are referred to herein as the
"Affected Lands."
WHEREAS, in its application for the permit, the Operator has agreed
to be bound by all 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 theaAct, that
the estimated costs of reclamation with regard to those affected lands
in Gunnison County which are now or may become subject to the permit
are 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.
WHEREAS, the Operator hereby gives the Board a performance warranty
pursuant to Section 34-32-117(2) of the Act, and herein promises the Board
that it will comply with all applicable requirements of the Act with regard to
those Affected Lands.
NOW, THEREFORE, the Operator hereby promises the Board that it will
comply with all applicable requirements of the Act with respect to the
Affected Lands.
423 Centennial Building, 1313 Sherman Street Denver, Colorado 80203 Tel. [phone]