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. i <br /> °A STATE O <br /> V <br /> • •' � Roy Romer, Caove or <br /> 'i876' 3 SU �L C <br /> DEPARTMENT OF NATURAL RESOURCES MINED <br /> RECLA ATION , <br /> MINED LAND RECLAMATION DIVISION <br /> FRED R. eaVO Director <br /> � <br /> "EI IRREVOCABLE LETTER OF CREDIT <br /> 6+ <br /> The Bank of mmm JotacTio <br /> LETTER F CREDIT NUMBER: <br /> LC 050 <br /> P.O. Box 55365 <br /> Grand Junction Cotorado <br /> Tel. (303) 241-9000 Amount U.S. <br /> State of Colorado <br /> Beneficiary: pgt- of Natural Resources Applicant: John Sc <br /> Mined Land Reclamation Div. <br /> STATE OF COLORADO <br /> MINED LAND RECLAMATION BOARD <br /> 423 CENTENNIAL BUILDING <br /> 1313 SHERMAN STREET <br /> DENVER, COLORADO 80203 <br /> Date of Issue: Initial Expiration Date: <br /> March 31, 1990 March 31, 1991 <br /> Gentlemen: <br /> We hereby issue and establish our irrevocable letter of credit, the amount of <br /> which is available by beneficiary's draft or drafts drawn upon s, which shall <br /> be paid at sight, when accompanied by the following document: <br /> A written statement of the Director ("the Director") of t e Mined Land <br /> Reclamation Division of the State of Colorado ("the Divis on") <br /> certifying that he is a duly authorized official acting o behalf of the <br /> State of Colorado and that the amount of the accompanying sight draft is <br /> due and payable to the State of Colorado pursuant to applicable <br /> provisions of Colorado statutes governing mined land recl ation and <br /> that John Schmahl Company or i s successor <br /> has neglected, fat e , or refused o pay suc amount alth ugh requested <br /> to do so by the Director. <br /> 215 Centennial Building, 1313 Sherman Street Denver,Colorado 80203-2273 Tel (303) 866-3567 <br />