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STATE OF COLOR <br />DIVISION OF MINERALS AND GEOLOGY """"' ~ "r <br />Deparcment of Natural Resources <br />1373 Sherman St., Room 275 MAY 1 6 2003 <br />Denvzr, Colorado 80203 <br />Phone: (303) 866-3567 <br />F.AX: (303) 83:-8:06 Division of Minerals and Geology <br />PERFORbZa\ CE R'ARRA\ T'Y <br />Operator: <br />HOLCIM NS) INC. <br />Operation: Slab Canyon Quarry <br />Permit No: M-1977-347 <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />~~ <br />otvtstoN o <br />MINERAL <br />&- <br />GEOLOG <br />REC IA MA?10 <br />1"INING•SAF:T <br />Bill Owens <br />Governor <br />Gag E. ~+'alc'.>: <br />Evecua.e 7:ec:v <br />:~tiCnae: Il. ;On <br />D~"~Sicr: U::eC:Jr <br />WHEREAS, the Colorado Mined Land Reclamation Act, CR.S. 34-32-101 et seg. (the "Act"), as <br />amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials, <br />C.R.S. 34-32.5-101 et sec . (the "Act"), as amended, provides that no permit maybe issued under the Act <br />until the Mined band Reclamation Board (the "Board") receives a performance warranty (or warranties) that <br />is a written promise to comply with all applicable requirements of the Act. <br />WHEREAS, Holcim (US) Inc. (the "Operator"), has applied for <br />a permit to conduct a mining operation known as Slab Canyon Quarry <br />(the "Operation") on certain lands in Larimer County, Colorado. These <br />lands are described in the permit application, as amended and supplemented, and aze referred to herein as <br />the "Affected Lands" <br />WHEREAS, in its application for the permit, the Operator has weed to be bound by all <br />requirements ofthe Act and all applicable rules and revelations of the Board, as amended from time to time. <br />WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of <br />reclamation with regard to those affected lands in Larimer County which are now or may <br />become subject to the permit are those amounts for the stated periods of time as set forth in the financial <br />warranty, tivhich may be amended from time to time to reflect revised estimates of said costs of reclamation. <br />WHEREAS, the Operator hereby gives the Board a performance warranty pursuant to <br />Section 34-32-117(2) or Se: tion 34-32.5-117(2) of the Act, and herein promises the Board that it will <br />comply with aII apphcable requirements ofthe Act with regard to those Affected Lands. <br />