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STATE OF COLOMDO <br /> DIVISION OF MINERALS AND GEOLOGY <br /> Department of Natural Resources <br /> 1313 Sherman St., Room 215 <br /> Denver.Colorado 80203 D I V I S I O N O F <br /> Phone (3031866-3567 M IN E RA L 5; <br /> FAX (303)832-8106 & <br /> GEOLOGY; <br /> PERFORMANCE WARRANTY RECLAMATION <br /> MINING-SAFETY <br /> BM Owens <br /> Governor <br /> Permittee: Beavers Construction/High Mesa Gravel Greg E.walcher <br /> Erecwlve Director <br /> Operation: High Mesa Gravel Pit Michael 8 Long <br /> Division Director <br /> Permit No: M-2000-067 <br /> KNOW ALL MEN BY THESE PRESENTS,THAT: <br /> WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 34-32-101 et M. (the "Act"), as <br /> amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials, <br /> C.R.S. 34-32.5-101 et ss .(the"Act"),as amended, provides that no permit may be issued under the Ad until <br /> the Mined Land Reclamation Board(the "Board') receives a performance warranty (or warranties) that is a <br /> written promise to comply with all applicable requirements of the Act. <br /> WHEREAS, Beavers Construction/High Mesa Gravel (the "Permittee"), has applied for a permit to <br /> conduct a mining operation(mown as High Mesa Gravel Pit(the"Operation")on certain lands in Delta County, <br /> Colorado.These lands are described in the permit application,as amended and supplemented,and are referred <br /> to herein as the"Affected Lands". <br /> WHEREAS,in its application for the permit,the Permittee has agreed to be bound by all requirements <br /> of the Act and all applicable rules and regulations of the Board,as amended from time to time. <br /> WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of <br /> reclamation with regard to those affected lands in Delta County which are now or may become subject to the <br /> permit are those amounts for the stated periods of time as set forth in the financial warranty, which may be <br /> amended from time to time to reflect revised estimates of said costs of reclamation. <br /> WHEREAS, the Permittee hereby gives the Board a performance warranty pursuant to <br /> Section 34-32-1 17(2)or Section 34-32.5-1 17(2)of the Act,and herein promises the Board that it will comply <br /> with all applicable requirements of the Ad with regard to those Affected Lands. <br />