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• LA~U RLCLA ATIO:J B0~?D • <br />Department of Natural Resources <br />P.ooe~ 213, !`+=~5 Slie<rman St. Telephone: 892-3G01 <br />Denver, Colorado 80203 <br />Land Stabilizatinu and Reclamation A2rcem=_nt <br />TILLS AG REE[•IENT is entered into this ~_~"- day of :_': ' ~ , <br />1914 by and between THE STATE OI' COLORADO, b}' a:td through its Uirector of <br />natural Resources and the Land Reclamation Eoe_d (hereinafter referred to <br />as "State") and Loveland Ready 1"Lix Concrete, I::c. (hereinafter referred to <br />as "Loveland"). <br />[J I T N E S S E T H <br />lIIIEREAS, Loveland desires to oparate a sand and gravel pit in <br />Sections 16-17, Township 5 North, Range b9 West, Larimer County, Colorado, <br />better known as the Loveland Pit; and, <br />WHEREAS, Loveland has submitted a plan on the Proposed Land <br />Stabilization and Reclamation Procedures for iha proposed sand and gravel <br />pit operations; and, <br />IJHEREAS, Said Loveland pit will be op=_rated for the purpose of <br />extracting sand and gravel for commercial marketing; and, <br />WHEREAS, The Colorado Open h[ining Land Reclamation Act provides <br />statutory authority for the Land Reclamation Eoard of the State of Colorado <br />to enter into agreements with operators or persons in charge of mining <br />operations such as those contemplated by Loveland to insure that the <br />necessary stabilization and reclamation work will be done to prevent land- <br />slides, floods or erosion. This section of the law further provides that <br />the Land Reclamation Board requires a performance bond conditioned upon the <br />faithful performance of the stabilization work required by the Board; and, <br />SJHEREAS, The Land Reclamation Board has determined that the <br />mining operation to be conducted by Loveland in said Sections 16, 17 could <br />have an adverse affect on the environment and could result in landslides or <br />erosion if proper stabilization and reclamation procedures are not followed. <br />