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, iii ~t~iuliir~~l~~i • <br />DEPARTMENT OF NATURAL RESOURCES <br />David N. Getches, Executive Director <br />MINED LAND RECLAMATION DIVISION <br />DAVID C. SMEIrON, D7r.etOr <br />R~tnar0 O Lamm <br />Go.emw <br />~~ <br />i <br />~'~ ~O FINANCIAL WARRANTY <br />^ CORPORATE SURETY <br /> <br />Operator: SCHMIDT-TiAGO CONSTRIIrTTlIAI Gp~p~gy, 2635 DELTA nRrvF rnr. npR 8091C <br />Operation: <br />Permit No: <br />Warrantor <br />Bond No: 8104-77-79 <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R <br />34-32-101 et sew. (the "Act"), as amended, provides that no <br />issued under the Act until the Mined Land Reclamation Board <br />receives a Financial Warranty (or Warranties) as described <br />o CEO <br />cO~ kLa9E' I <br />.S. 197 c <br />permit ma~ <br />(the "Boar ~~, <br />in the Ac:t. ' <br />WHEREAS, SCHMIDT- CONSTRU T (the "Operator"), a <br />COLORADO corporation, has app ~e or a permit to conduct a <br />mining operation known as MENZER PIT E (the "O~~eration). <br />These lands are described in xhtbit attac a ereto, and are referred to <br />herein as the "Affected Lands". <br />WHEREAS, in the application for the permit, the Operator has agreed to <br />be bound by all requirements of the Act and all applicable rules and <br />regulations of the Board, as amended from time to time. <br />WHEREAS, in the application for the permit, the Operator has agreed with <br />the Board to provide for reclamation of the Affected Lands that are now, or <br />may become, subject to the permit, as required by law. <br />WHEREAS, the Operator and FEDERAL INS R (the <br />"Warrantor"j, a corporation organized and existing under the aws of the State <br />of NEw JERSev and duly authorized to transact a bonding and surety <br />business in the State of Colorado are hereby and firmly bound unto the State <br />in the SUm Of THIRTY-SI __11011drs <br />( 36 , 600. oo---------- for a period O time rOm OCT , 1 qRd <br />to ocT za . , for the payment of which sum, we sn~truly <br />made, we hereby bind ourselves and our personal representatives, successors <br />and assigns, jointly and severally, firmly by these presents. <br />423 Centennial Building, 1313 Sherman Street Denver, Colorado 802D3 Tel. (303) 866-3567 <br />