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d r (J/;- <br />~:.°T~ :J= COLOp ~ ~' r. <br />MINED LAND RECLAI~1AT10N DIVISiC`J r ~. - ' <br />---i~~. <br />• Oeoartment of Natural Resources <br />7373 Sherman SI.. Room 275 <br />Denver. CO 80203 1AR 0 2 1991 <br />303 866.356% <br />Fa x: 703 fi32~fitOfi 7Vlined ig0a <br />COAL RECLAMATIOPI-EONL ,, <br />FOR USE WITH CERTIFICATE OF DEP~'IT'"`'' <br />FEDERAL MINES <br />Permit No. C-91-018 <br />KNOW ALL MEN BY THESE PRES'cNTS, That <br />of the County Or Jefrerson in the State Or 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 StatesJOffice of Surface Mining Reclamation and Enforcement <OSMRE>, in <br />the Sum Of thirteen thousand two hundred <br />and twenty •rwo DOLLARS (3 13,222.00 ) <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 P,io Blanco County Bank of <br />Rancety State of Colorado ("the Bank" <br />to Issue its Certificate of Deposit' No. 2812 dated <br />March 23 1990 payable to State of Colorado Mined Land <br />• Reclamation Board and United States/OSMRE, in the amount <br />Of thirteen thousand two hundred twenty two DO11drS ($ 13,222.00 ) <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.evi.denced by this band. <br />Upon termination of the Cooperative Agreement entered into between the State <br />of Colorado and the Department of the Intertor, all bonds shall revert to <br />being payable only to the Unlted States (OSMRE) to the extent that Federal <br />lands are trtvolved. The Bank is not a party to this aq~eement; its <br />obligations are set forth in its Certificate~of Deposit. Nothing in this <br />instrument diminishes or qualifies the Bank's obligations under its <br />Certificate of Deposit. <br />WHEREAS, the Principal has applied for a permit to conduct mining and <br />reclamation operations on certain lands in °io Bianco County, Colorado <br />which, for convenience of reference, are described as follows: <br />See "E:ch i b i t A" <br />'. Certificate of Deposit must be negotiable, payable to State of Colorado <br />• L'r,i`ed States/^S!"RE and, unless the issuer waives the right to refuse <br />pavrent prior .o maturity, must ha~~e a maturity date not morn than one <br />klestern Fuels-Utah, Inc. <br />~._ ~_,~ <br />ti~ • -.~ <br />J,~ <br />~~ r <br />Roy Ra~.r. . <br />~~ <br />Frey R. Banta. <br />prveypn ihrcCar <br />dr,d <br />year <br />