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• ~, ~ :r, <br />~l~~Jl~ ~ ~~ ~~ ~~' (gip ~~ ~ ``" ~ STATE OF COL <br />DIVISION OF MINERALS AND GEOLOGY <br />Depanment of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80201 <br />Phone: (3031 866-356) RECEIVED <br />FAX: (3031832-8106 <br />MRY 19 1991 <br />Division of Minerals a Uaoloyy <br />PERFORMANCE WARRANTY <br />Operator: <br /> <br />II~ <br />DEPARTMENT OF <br />NATURAL <br />RESOURCES <br />Roy Romer <br />Governor <br />James 5. lachhead <br />Executive Direcror <br />Htichael e. Lang <br />Division Director <br />Operation: C T7 - J! <br />Permit No: rn - 7 7 '~~ 7'F~ <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, CRS as amended, <br />34-32-101 et sec. (the "Act">, as amended, provides that no permit may be <br />issued under the Act until the Mined Land Reclamation Board (the "Board") <br />receives a performance warranty (or warranties) that is a written promise to <br />comply with all applicable requirements o^^f the Act. <br />WHEREAS, )eC.Ln2iQ ,v~,n.n~(b.~j~/C. (the "Operator"), has <br />applied for a permit to conduct a mini g op ration known as L°T D -.~ <br /><the "Operation") on certain lands in MnnT.eosF_ <br />County, Colorado. These lands are described in the permit application, as <br />amended and supplemented, and are referred to herein as the "Affected Lands':. <br />WHEREAS, in its application for the permit, the Operator has agreed <br />to be bound by all requirements of the Act and all applicable rules and <br />regulations of the Board, as amended from time to time. <br />WHEREAS, the Board has determined, in accordance with the Act, that <br />the estimated costs of reclamation with regard to those affected lands <br />in 1'Yi~.,r/zos G County which are now or may become subject to the permit <br />are those amounts for the stated periods of time as set forth in the financial <br />warranty, which may be amended from time to time to reflect revised estimates <br />of said costs of reclamation. <br />WHEREAS, the Operator hereby gives the Board a performance warranty <br />pursuant to Section 34-32-117(2) of the Act, and herein promises the Board <br />that it will comply with all applicable requirements of the Act with regard to <br />those Affected Lands. <br />~RADO <br />