REV99465

• Permit No: C1981022
• IBM Index Class Name: Revision
• Doc Date: 12/10/1996
• Doc Name: TRANSFER OF PERMIT AND SUCCESSION OF OPERATORS COAL RECLAMATION BONDS SANBORN CREEK MINE FKA SOME
• From: OXBOW CARBON & MINERALS INC
• To: DMG
• Type & Sequence: SO3
• Media Type: D
• Archive: No

- _
RECEIVED
,~ ~?~„
,o.,
DEC 10 1996
DIVISION OF MINERALS AND GEOii'OOM Ot
Oeparlmenl of Natural Resources
1313 Shemwn St., Room 215
Denver, Colorado 80207
Phone: [phone]
FAX: [phone]
OF COLORADO
~~r`Clllf=l7
~~ 1 g 1636
COAL RECLAMATION BOND
FOR USE WITH CERTIFICATE OP~"DCKROS'I~Tnprr,~B 6 CUBOIOCy
FEDERAL MINES
~~~~~~
DF~ARIMENT OF
RESOU~RCELS
Roy Roma
Governor
Permit No. c-al-ozz
KNOW ALL MEN BY THESE P~ SENTS, That
lames 5. Lochhead
Extturis< Director
Michael B. Long
Division Dirttlor
of the County of nn,•cpn in the State of rnl~,-ar~~ as
Principal (hereinafter "Principal" whether one or more Principals), is held
hereby and firmly bound unto the State of Colorado ("the State") and the
United States/Office of Surface Mining Reclamation and Enforcement (OSMRE), in
the sum of six mhousana ana no/ioo--------
______ DOLLARS ($~,_anon-nn >
for payment of which sum, well and truly to be made, the Principal hereby
binds itself and its successors and assigns firmly by these presents.
Principal has caused Norwest Bank of
Grand Junction, N.A. State of Colorado ("the Bank"
to issue its Certificate of Deposit' No. 52o~~sooi dated
septeLBber 19 1995, payable to State of Colorado Mined Land
Reclamation Board ,and United States/OSMRE, in the amount
Of Six Thousand and no/100---------- Dollars ($ 6.000.00 )
and has delivered it to the State, to be held by the State as Surety ("the
Surety") for the faithful performance by the Principal of the Principal's
obligations to the State and the United States/OSMRE evidenced by this bond.
Upon termination of the Cooperative Agreement entered into between the State
of Colorado and the Department of the Interior, all bonds shall revert to
being payable only to the United States (OSMRE) to the extent that Federal
lands are involved. The Bank is not a party to this agreement; its
obligations are set forth in its Certificate of Deposit. Nothing in this
instrument diminishes or qualifies the Bank's obligations under its
Certificate of Deposit.
WHEREAS, the Principal has applied for a permit to conduct mining and
reclamation operations on certain lands in Gunnison County, Colorado
which, for convenience of reference, are described as follows:
See Attached Exhibit A
` Certificate of Deposit must be negotiable, payable to State of Colorado and
United States/OSMRE and, unless the issuer waives the right to refuse
payment prior to maturity, must have a maturity date not more than one year
after date of issue.