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TATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman 5t., Room 275 <br />Denver, Colorado 80103 <br />Phone: (303) B6G35fi7 <br />FAX: (3031 832-6106 <br />i; . <br />FINANCIAL WARRANTY <br />CERTIFICATION OF DEPOSIT <br />Operator: <br />Operation: <br />Permit No.: <br />Bank: <br />Street: <br />City; <br />State: <br />Maverick Sand & Gravel <br />Allen Pit <br />M-2002-094 <br />WestStar Bank, Norwood Office <br />1640 Grand Avenue <br />Norwood <br />CO <br />Area Code: 970 <br />Zip Code: 81423 <br />Telephone: 327-4255 <br />FAX: 327-4608 <br />COLORADO <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />RiCIANATION.N,NING <br />f AEETTfCI[NCE <br />a;u Owens <br />Governor <br />Russell George <br />Executive Director <br />Ronald W. Cittany <br />Division Director <br />Natural Refourtt T,ustee <br />~ 5,©00 . o 0 <br />G7~ lib u?!a(e3(a <br />This form has been approved by the Mined Land Redamation Board pursuant to sections 34-32-117, C.R.S., <br />ofthe Mined Land Reclamation Act and 34-31.5-117, C.R.S, ofthe Colorado LandReclamation Act for the <br />Extraction of Construction Materials. Any alteration or modifecation ojthis jorm, without approval by the <br />Board shall result in the financial warranty being invalid and result in the voiding of anypermit issued in <br />conjunction with such invalid financial warranty and subject the operator to cease and desist orders and <br />civil penalties jar operating without a permit pursuant to sections 34-32-123, C.R.S., of the Mined Land <br />Reclamattae Act and 34-32.5-113, C.R.S., 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.RS. 1973, 34-32-101, et sue. (the "Act"), as <br />amended, provides that no permit may be issued under the Act unfit the Mined Land Reclamation Board (the "Board") <br />receives a Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, _ Maverick Sand & Gravel (the "Operator), a <br />Joint Venture corporation, has applied for a pemlit to conduct a mining operation known as <br />the Allen Pi[ __ _____ (the "Operation"), on certain lands in Montrose County, Colorado. <br />These lands aze described in the petrrlit application, as amended and supplemented, and are referred to herein as the <br />"Affected Lands." <br />WHEREAS, in the application for the permit, the Aperator has agreed to be bound by all requirements ofthe Act <br />and all applicable rules and regulations of the Board, as amended from rime to time. <br />Office of Office of Colorado <br />Mined land Reclamation Active and Inactive Mines Geological Survey <br />