2001-01-12_PERMIT FILE - M2001002

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STATE OF OLORADO DIVISION Ot r3ERA AND GEOLOGY Dena:;..meal of Na;xa:ul ResoO urces Derne,,Colorado 80203 Phone:I;v1:866,1567 FAX (303)532 E706 ;1 DF AF.TMEN,1 OF NATURAL RESOURCES Ro,Romer Co,erno PERFORMANCE WARRANTY la,es S.Lochhead E•ecua.e Oheaor M lc Sael 5.Long Division&,re :or Operator: WEST END GRAVET, COMPANY, TMr Operation: WEIMER ONE GRAVEL Permit No: M 2000-Mok KNOW ALL MEN BY THESE PRESENTS, THAT: WHEREAS, the Colorado Mined Land Reclamation Act, CRS as amended, 34-32-101 et sea. (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, WEST END GRAVEL COMPANY, INC. (the "Operator"), has applied for a permit to conduct a mining operation }sown as WEIMER ONE GRAVEL (the "Operation") on certain lands in MONTROSE County, Colorado. These lands are described in the permit application, as amended and supplemented, 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 MONTROSE County which are now or may become subject to the permit are those amounts for the stated periods of Lime 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. iii