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<br />DIVISION OF MINERALS AND GEOLOGY <br />Depanment of Natural Resources <br />1313 Sherman 51., Room 27 S <br />Denver, Colorado 80203 <br />Phone: (3031 866-3567 <br />FAX: 1303) 8328106 <br />_~ y~~ <br />cT~c~''` ~~`~~ ~o, ~~,Wp~P <br />r~`;:t Ft~ " 1 <br />~4o c,E1~~, .~ D <br />•~ <br />III IIIIIIIIIIIIIIII JF COLORADO <br />999 <br />DIVISION O <br />MINERALS <br />PERFORMANCE WARRANTY <br />Operator: Schmidt Construction Com <br />Operation: Castle Rock Qu <br />Permit No: M-1 <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />GEOLOGY. <br />REC LA MATION'~ <br />MINING•SAFETY i <br />Bill Owens <br />Governor <br />Greg E. Walther <br />Executive Director <br />Michael B. LOng <br />Division Director <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.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 seq. (the "Act"), as amended, provides that no pernut maybe issued under the Act <br />until the Mined Land Reclamation Boazd (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, Schmidt Construction Company (the "Operator"), has applied for <br />a permit to conduct a mitring operation known as Castle Rock Quarry <br />(the "Operation") on certain lands in Douglas County, Colorado. These <br />lands are described in the permit application, as amended and supplemented, acid are referred to herein as <br />the "Affected Lands". <br />WHEREAS, in its 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 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 Douglas 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, which 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 Section 34-32.5-117(2) of the Act, and herein promises the Board that it will <br />comply with all applicable requirements of the Act with regard to those Affected Lands. <br />