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~' III IIIIIIIIIIIII III STt1T r ~ ~vLOR~DO <br />MINED LAND RECLAMATION DIVISION <br />Department of Natural Resources <br />1313 Sherman St.. Room 215 <br />Denver. CO 80203 <br />303 866-3567 <br />Fn x: 303 832-8106 <br />PERFORMANCE WARRANTY <br />Roy Romer, <br />Gavemor <br />Michael B. Long. <br />Diviaion Drteaor <br />~E~;;,,~ ,.. <br />t <br />NOV 1 ~ 199C <br />OperdtOr: White River Nahcolite Minerals Ltd. Liability Co. ~~,~,. <br />ERAS & ~E~~~-::. . <br />Operdtl0n: Sodium Leas.. <br />Permit No: M-83-194 ~[, -~ <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, CRS as amended, <br />34-32-101 et sec. (the "Act"), as amended, provides that no permit may be <br />issued under the Act until the Mined Land Reclamation Board (the "Board") <br />receives a performance warranty (or warranties) that is a written promise to <br />comply with all applicable requirements of the Act. <br />White River Nahcolite Minerals <br />WHEREAS, Ltd. Livability Co. (the "Operator"), has <br />applied for a permit to conduct a mining operation known as Sodium Lease <br />(the "Operation") on certain lands in Rio Blanco <br />County, Colorado. These lands are described in the permit application, as <br />amended and supplemented, and are referred to herein as the "Affected Lands". <br />WHEREAS, in its application for the permit, the Operator has agreed <br />to 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, the Board has determined, in accordance with the Act, that <br />the estimated costs of reclamation with regard to those affected lands <br />in Rio slanco County which are now or may become subject to the permit <br />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 <br />of said costs of reclamation. <br />WHEREAS, the Operator hereby gives the Board a performance warranty <br />pursuant to Section 34-32-117(2) of the Act, and herein promises the Board <br />that it will comply with all applicable requirements of the Act with regard to <br />those Affected Lands. <br />pF' COQ <br />'ra~b <br />