2003-10-03_REPORT - M1977347

• Permit No: M1977347
• IBM Index Class Name: Report
• Doc Date: 10/3/2003
• Doc Name: Annual Fee/Report/Map
• Permit Index Doc Type: Annual Fee / Report
• Media Type: D
• Archive: No

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•
'FLEX: 3772134 MNB INTL DET - ~ ONE DETROIT CfiNTfiR
170363 MNB INTL DET 500 HOODWARD AVENUE
7WIFT: MNHD VS 33 24TH FLOOR, MC 3341
?AX [phone] DETROIT, MI 48226
;RRSVOCABLE STANDBY LETTER OF CREDIT DATE: JULY 15, 1994
~ 3ENEFICIARY:
3TAT6 OF COLORADO
4INED LAND RECLAMATION BOARD
215 CENTENNIAL BUILDING -
1313 SHERMAN STREET
7ENVEP„ COLORADO 80203
1PPLICANT:
{OLNAM, INC.
2.0. BOX 122
JDNDEfi, MICHIGAN 48131
PHONE: [phone]
~ 3ENTLSt~N:
NO.: 524465
AMOUNT: $184,819.00
INITIAL EXPIRATION
DATE: JULY 14, 1995,
-tenor a Gala Di++ston
~i'~- G-h.Mn- u F~ ~-?- 34~'
st.,o3 eA•.+Yoa 6,w+.iay RECEra~Ec
JUG X g 1984
Qivision of Avne,du c urw~y.
WE HEREBY ISSUE AND ESTABLISH OUR IRREVOCI~BL
WHICH IS AVAILABLE BY BENEFICIARY'S DRAFT OR
3E PAID AT SIGHT, HHEN ACCOMPANIED BY~THfi.FO:
A WRITTEN STATfiMENT~OF THS DIRECTOR (•THS,7
MINERALS AND GEQLOGY.OF THE STATfi OF COT,OIL
THAT B8 SS A DIIL'$%AT77SfiORIZED OFFICIAY,~ ACTI7
COI.ORADOeQ47q ~ THAT ~a AMOIINT' OF- THE:~L'C' QFB:
OR ITS S'
ALTXOIIGH
DO-SO BY THfi
EACx~sxcH•r:p~AFT$o n
PRIOR ~TO TBE~,CLbSE~;OF
CRfiDZTi~'TH35:CF28DIfi
ENGAGfi ZN: ~7ICI~=A~FID
IT IS AN °EX~I2ES8 :OOND
N.~AND, PRESF.'N'ii
'SI~NSSS:D2t~ a'!iB
'fiRS- TO.,IiOI.i~
LAMA1'ION =}CCTI
.:- :--
ON OF-'!Y`iIS;LS
;OR . SIICCESSxC.E
2i -$OTUF2~•~CP~
Y THE DIRECTO
NG BY REGiSTE
:. OF CREDIT, THE AMOUNT
DiaAwN.IIPOx as, WHICH sxALI.
DOCUt4ENT:
"j: OF THE DIVZSIbN OF
~~•:DIVISION") CERTIFYING
$A2,F OF .THE. STATE OF
~ RAk~T-IS- LJE AND $
P$OVIS- b OF ~,
• BO INC.Y
E6RA=pET2tIL'~;TO.'='.'
T: SNALL' HE' C:' ~ ~ ~'
P= d ~CfiAR' ;EACH" :: ~: .. ~ . .
IOR TO `AN
E ADDRfiSS, THAT
THE HANK-ELECTS:iVOT'.TQ•EXTEND THE•'CREDIT--FOR'..S$UUCH~ADDITIONAL PERIOD.
IN, SIICH EVENTy -~i1;7~DDi'TION T0~2iZS;gO:tlO;•bRAfl({I~REOII UtIDER,4HE PRECED-ZNG` ~-
PARAGRAPHS;. THE.. DIRECTOR MAY•DRAYi'1'FIE.F~L~.~OR;AFII.•LESSER AMODNT HEREOF AT ANY
TIME PRIOR TO SL7CHrEXPIRATION DATE~'BY~SIGHT. .DRAFT;'OR~DRAFTS, ACCOMPANIfiD BY
THfi WRITTEN 'STATEMENT-l')fi.THS DIRECTOR`'6E)2T~F'fIYiG,',17iAT•~"THE AMOIINT DRAWN WILI. Hfi
HELD AS A~,CASH•DE1?OSYT"-IN -LIEU OF' BItU$70SAL;SANT7C"g~'-AS~~PROVIDED IN APPLICABLE
COLORADO STATDTES GOVERNING MINED LAND -AtQD.~RECL'AMATION.
t
THfi ORIGINAL SIGNED LETTER OF CREDIT~.WILI,~BE~PkE$ENT$D. TO THE HANK BY THE
BENEFICIARY ALONG~WITH 'ANY DRAFT PRESENTBD_YURSIIANT TO. THIS LETTER OF CREDIT,
AND HILL HE SURRENDERED TO THE HANK YIITH'~ANY DRAFT WHICH DRAWS THE FULL AMOUNT,
OR THE BALANCE REMAINING AVAILABLE, UNDER:THIS"LETTER OF CREDIT.
CONTINUED ON PAGE TWO