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• • DEPARTMENT OF NATURAL RESOURCES Devitl H. Getche4 Exetutivs DlreotOr MINED LAND RECLAMATION DIVISION DAVID C. SHELTON, Dlreetor Richard D. Lemm Governor PERFORMANCE WARRANTY Operator: MONTEZUMA COUNTY Operation: ~MAN~OS GRAVEL PIT Permit No• ~~/ - 8 ~ -~ ~ ~ i t '. i ,.,~ KNOW ALL MEN BY THESE PRESENTS, THAT: WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101 et sec. (the "Act"), as amended, provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the "Board") receives a performance warranty (or warranties) that is a written promise to comply with all applicable requirements of the Act. WHEREAS, MnntP~iima ('rnrnty (the "Operator"), d onrlaecmbiel~, has applied for a permit to conduct a mining operation known as Mancos Gravel Pit (the "Operation") on certain lands in Montezuma County, Co ora o. These lands are described in Exhibit A, attac a hereto, and are referred to herein as the "Affected Lands." WHEREAS, in its application for the permit, the Operator has agreed to be bound by all requirements of the Act and all applicable rules and regulations of the Board, as amended from time to time. WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of reclamation with regard to those affected lands in Montezuma County which are now or may become subject to the permit are those amounts for the stated periods of time as set forth in the financial warranty, which may be amended from time to time to reflect revised estimates of said costs of reclamation. WHEREAS, the Operator hereby gives the Board a performance warranty pursuant to Section 34-32-117(2) of the Act, and herein promises the Board that it will comply with all applicable requirements of the Act with regard to those Affected Lands. NOW, THEREFORE, the Operator hereby promises the Board that it will comply with all applicable requirements of the Act with respect to the Affected Lands. 423 Centennial Building, 1313 Sherman Street Denver, Colorado 80203 Tel. (30~) 866-3567 :/