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<br />COMMUNI'T'Y BANKS OF COLORADO <br />~~ <br />March 8, 2007 <br />State of Colorado <br />Mined Land Reclamation Board <br />215 Centennial Building <br />1313 Sherman Street <br />Denver, CO 80203 <br />Re: Rough Cut, LLC Letter of Credit # 6150001 <br />c~ <br />This letter is to inform you that Community Banks of Colorado, formerly known as Community <br />Banks of Southern Colorado, will be continuing the Letter of Credit # 6150001 for Rough Cut, <br />LLC issued July 9, 2004 in the amount of $193,000. Per the original terms, this Letter of Credit <br />#6150001 is automatically extended for successive additional periods of one year each, from <br />each future expiration date unless the Community Banks of. Colorado notifies the Director at <br />least 90 days prior to expiration period. As such, the next automatic extension, provided for <br />under the subject letter of credit would be from July 9, 2007 to July 9, 2008. <br />Additionally, I have enclosed a copy of Community Banks of Colorado Consolidated Report of <br />Condition -Schedule RC-C-Loans and Lease Financing Receivables for December 31, 2006. <br />Please call or contact me at the above address if additional information is needed. <br />Respectfully, <br />~~ ~ GL~~u~ ~-. <br />M is Fyock <br />Vice President <br />CC: Rough Cut, LLC <br />15645 Road GG <br />Rocky Ford, CO 81067 <br />719-254-4576 <br />20I N. MAIN ST. • P.O. BOX 30 • ROCKY FORD. CO 8106 <br />PHONE 719.254.3303 • FAX 719.254.J742 <br />