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r: <br />STATE OF <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 275 <br />Denver, Colorado 80203 <br />Phone: (303) 8663567 <br />FAX: (303) 832.8706 <br />. RECEJi/ED <br />MAR 1 ~ 1005 <br />Division efMinerals and Geology <br />PERFORMANCE WARRANTY <br />Operator: (~ ILI.I ~,rv~ ~ . ~ U'P~.~E i~ <br />Operation: ~~ t? ~ a 6 ~~~ . ~ 1 /J F_ S <br />Permit No: ~ ~ q 1 ~ ' ~Z Z - (~ ~ <br />COLORADO <br />D I V 1 5 1 0 N O F <br />MINERALS <br />GEOLOGY <br />RECLANATION•NINING <br />EARFTTKCIFNCE <br />BiII Owens <br />Governor <br />Russel! George <br />Execvdve Director <br />Ronald W. Gmny <br />DNision Director <br />Natural Resourre Trustee <br />Thu form has been approved by theMinedLand Reclamation Boardpursuant to sections 34-32-117, C.R.S., <br />of theMined Land Reclamation Act and 34-32.5-117, C.R.S., of the Cotorado Land Reclamation Act for the <br />Extraction of Construction Materials. Any alteration or modification of this form, without approval by the <br />Board shall result in the financial warranty being invalid and result in the voiding of any permit issued in <br />conjunction with such invalid financial warranty and subject the operator to cease and desist orders and civil <br />penalties for operating without a permit pursuant to sections 34-32-123, C.RS., of the Mined Land <br />Reclamation Act and 34-32.5-123, C.RS., of the Colorado Land Reclamation Act for the Extraction of <br />Construction Materials. <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S.- 34-32-101 et seg. (the "Acf~, as <br />amended, and the Colorado Land Reclamation Act for the Bxtraction of Construction Materials, <br />C.R.S. 34-32.5-101 et seq. (the "Act"), as amended, provides thatno permit maybe issued underthe Act until the <br />Mined Land Reclamation Boazd (the "Board") receives a performance warranty (or warranties) that is a written <br />promise to comply with all applicable requirements of the Act. <br />WHEREAS, C,t~ LU..I-A-tV+ ~ • Qua-~~~ (the "Operator"), has applied for apermit <br />to conduct a mining operation known as VLlt~~a F M f A?ES (the "Operation") on certain <br />lands in Y~1-~(.t i 2t~ S ~ County, Colorado. These lands aze.described in the permit application, as <br />amended and supplemented, and aze referred to herein as the "Affected Lands". <br />WHEREAS, in its application for the pemut, the Operator has agreed to be bound by all requirements of <br />the Act and all applicable rules and regulations of the Board, as amended from time to time. <br />WHEREAS, the Board has detem3ined, in accordance with the Act, that the estimated cos±s of <br />reclamation with regazd to those affected lands in YY1p n7T'2oS~ County which ate now or may <br />become subject to the permit are those amounts for the stated periods of time as set forth in the financial <br />warranty, which maybe amended from time to time to reflect revised estimates of said costs of reclamation. <br />Office of Office of Colorado <br />Mined land Reclamation Active and InarN.m AAi..n. - ' - <br />