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<br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />tat 3 Sherman St., Room 215 <br />Denver, Colorado 90203 <br />Phone: (3031866-3567 <br />FAX: (3011 9J2-8106 <br />L T E <br />J~ p 3 24~ <br />o FIe1d Office <br />ptiysan9 i~erais & Geo1o9Y <br />pivisio~ of M <br />FINANCIAL WARRANTY ~~ <br />E T R OF CREDIT >~G~ ~~~,`~` <br />~o/,y~ ?per,, <br />~' :t <br />.. <br />u~visioN or <br />MINERAL 5 <br />-&_ <br />GEOLOGY <br />'.E~LAn ATION <br />~`~IriiNG•SAfE'Y <br />Bai oven: <br />Governor <br />Crr E. watcher <br />E.recutive Director <br />raichael B. Long <br />Director <br />,~ 3g,u53Ov <br />Operator: AGRI-DLD, LLC. <br />Operation: AGRI-DLD GRAVEL PIT <br />Permit No.: M-2000-030 <br />Bank: PINE RIVER VALLEY BANK <br />Street: 301 NORTH CDP'AtERCE DRIVE <br />City: BAYFIELD, <br />State: CO Zip Code: 81122 <br />Area Code: 970 Telephone: 884-9533 <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101 eI seq. (the <br />"Act"), as amended, provides that no permit may be issued under the Act until the Mined Land <br />Reclamation Board (the "Board") receives a Financial Warranty (or Warranties) as described in the <br />Act. <br />WHEREAS, AGRI-DLD, LLC. (the <br />"Operator"), a corporation, has applied <br />for a permit to conduct a mining operation known as AGRI-DLD GRAVEL PIT (the <br />"Operation"), on certain lands in LA PLATA County, Colorado. <br />These lands aze described in the permit application, as amended and supplemented, and aze referred <br />to herein as the "Affected Lands". <br />STATE OF COLORADO <br />WHEREAS, as part of the application for the permit, the Operator has agreed to be bound by all <br />requirements of the Act and all applicable rules and regulations of the Boazd, as amended from time <br />to time. <br />