Laserfiche WebLink
,-, .. <br />STATE OF COLOR-ADO <br />MINED LAND RECLAMATION DIVISION ~ ~~~~ v ;_., <br />• Department of Na7ural Resources <br />]373 Sherman St.. Room 275 <br />Denver, CO 80203 dAR 0 2 1991 <br />303 866.3567 <br />Fax: 303 832-8706 !V11112C~ :~nC <br />COAL RECLAMATION BOND <br />FOR USE WITH U.S. TREASURY NOTE <br />FEDERAL MINES <br />Permit No. C-P1-018 <br />pF COrG <br />.~: <br />Noy Ndrner. <br />Goamor <br />Fred N. 8anu. <br />Division Deetipr <br />KNOW ALL MEN 8Y THESE PRESENTS, That Western Fuels-Utah, Inc. <br />of the County of Jefferson in the State of Colorado a5 <br />Principal (hereinafter "Principal" whether one or more Principals), is held <br />hereby and firmly bound unto the State of Colorado ("the State") and the <br />United States/Office of Surface Mining Reclamation and Enforcement (OSMRE), in <br />the Sum Of Two Million Four Hundred <br />;ti,,,,~a„n DOLLARS ($ 2,400,000.00 ) <br />for payment of which sum, well and truly to be made, the Principal hereby <br />binds Itself and its successors and assigns firmly by these presents. <br />Principal has caused First American Bank, NA Bank of <br />• Wash i noton - D. C. `.+,be+~'C6oafXX,~cXXXXXXXXXXXXXXXXXX ( "the Bdnk" <br />to issue its U.S. Treasury Note Safekeeping Receipt' No. 781335 <br />dated ,lulu ~B. 7994, payable to State of Colorado Mined Land <br />Reclamation Board and United States/OSMRE, 1n the amount <br />Of Two Million Four Hundred Thousand DOildrS (5 2.400,000.00 ) <br />and has delivered it to the State, to be held by the State as Surety ("the <br />Surety") for the faithful performance by the Principal of the Principal's <br />obligations to the State and the United States/OSMRE evidenced by this bond. <br />The Bank is not a party to this agreement. Upon termination of the <br />Cooperative Agreement entered into between the State of Colorado and the <br />Department of the Interior, all bonds sha d revert to being payable only to <br />the United States (OSMRE) to the extent that Federal lands are involved. <br />WHEREAS, the Principal has applied for a permit to conduct mining and <br />reclamation operations on certain lands in pig al~nco County, Colorado <br />which, for convenience of reference, are described as follows: <br />Attachment A: Legal Description - Deseratlo Mine <br />• Safekeeping Receipt for U.S. Treasury Bond in the market value <br />of sz,4~n,ooo.~o <br />