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<br />MINED LAND RECLAMATION DIVISI III IIIIIIIIIIIIIIII ATE
<br />Department of Natural Resources
<br />1373 Sherman St.. Room 215
<br />Denver, CO 80203
<br />303 866-3567 ~
<br />Fax. 303 832-6706
<br />~aFg.
<br />oats... • 9~ ~',
<br />~~~/a~ FINANCIAL WARRANTY
<br />~~
<br />CER P D SIT
<br />Operator
<br />Operation
<br />OF COLORADO
<br />OF'CO~O
<br />~Q%~\qv
<br />. ,; \a
<br />„ ,~ o
<br />r8'le ~
<br />Roy Romer,
<br />Governor
<br />Fred R. Banta.
<br />Divieion D:reclor
<br />Permit No. ~. - ~~ ~-,,
<br />Bank ~)„,~-~D C~~.,\1 ek n,rra~a o 43 1390 .
<br />m~rvED LAND
<br />KNOW ALL'MEN BY THESE PRESENTS, THAT: -,-~t•AMATION DIVISION
<br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101,
<br />et s~egg. (the "Act"), as amended, provides that no permit may be issued under
<br />~Tie~ct until the Mined Land Reclamation Board (the "Board") receives a
<br />Financial Warranty (or Warranties) as described in the Act.
<br />WHEREAS, Y;L oscf
<br />a ~ ~ corporation, has
<br />to conduct a mining operation known as ~[ \~orn~o- Q,lo~
<br />"Operation"), on certain lands in (~,,,.,,,, Cou
<br />lands are described in the permit ap rp ip ca io as amended
<br />and are referred to herein as the "Affected Lands".
<br />_ (the•"Operator),
<br />applied for a permit
<br />(the
<br />qty, Colorado. These
<br />and supplemented,
<br />WHEREAS, in the application for the permit, the Operator has agreed to
<br />be bound by all requirements of the Act and all applicable rules and
<br />regulations of the Board, as amended from time to time.
<br />WHEREAS, in the application for the permit, the Operator has agreed with
<br />the Board to provide for reclamation of the Affected Lands that are now, or
<br />may became, subject to the permit, as required by law.
<br />WHEREAS, the Board has determined, in accordance with the Act, that the
<br />estimated costs of reclamation of the Affected Lands are those amounts for the
<br />stated periods of time as set forth herein. Said amount may be amended from
<br />time to time to reflect revised estimates of said costs of reclamation.
<br />WHEREAS, the Operator, in accordance with the Act,-has promised and
<br />hereby_Promises the~Board that it will be responsible for all the estimated
<br />costs of reclamation with regard to the Affected Lands.
<br />WHEREAS, the Board hes determined that the Financial ,Warranty.by the
<br />Opera to r.equals the estimated costs .of reclamation, as approved by the Board,
<br />with regard to the AffeCted.Lands.
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