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!i Cti~ j,: <br />MINED LAND RECLAMATION DIVISION <br />• Department of Natural Resources <br />7373 Sherman St.. Room 275 <br />Denver. CO 60203 <br />303 6663567 <br />Fax: 303 832-6706 <br />STATE OF COLORADO <br />pF,/C~p~ <br />w% _ O <br />V a /e 96 ~ <br />Goo v <br />BAR 0 2 199• <br />FreC R. Banta. <br />COAL RECLAMATION BON~i~ed `and Dnrision Dneaor <br />FOR USE WITH U.S. TREA'4URY"Mji'E~ <br />FEDERAL MINES <br />Permit No. C-81-018 <br />KNOW ALL MEN BY THESE PRESENTS, That western Fuels-Utah <br />of the County of Jefferson in the State of Colorado as <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 Nine Hundred <br />Thousand DOLLARS ($ 2,900,000.00 ) <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, N.A. Bank of <br />wasninoton, D. C. 9xaxaxlD#xxxxxxxxxxxxxxxxxxxxx ("the Bank" <br />to issue its U.S. Treasury Note Safekeeping Receipt' No. d3897a <br />dated October 3t t99t payable to State of Colorado Mined Land <br />Reclamation Board and United States/OSMRE, in the amount <br />Of Two 6lillion Nine Hundred Thousand DO11arS ($ 2,900,000.00 ) <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 shall revert to being payable only to <br />the United States (OSMRE) to the extent that Federal lands are involved. <br />WHERE.45, the Principal has applied for a permit to conduct mining and <br />reclamation operations on certain lands in Rio Blanco County, Colorado <br />which, for convenience of reference, are described as follows: <br />Attachment A: Legal Desription - Deserado Mine <br />• Safekeeping Receipt for U.S. Treasury Bond in the market value <br />of ,,, - - <br />