2004-10-15_REPORT - M1977348

• Permit No: M1977348
• IBM Index Class Name: Report
• Doc Date: 10/15/2004
• Doc Name: Annual Fee and RPT
• From: Holcim ‎(US)‎ Inc.
• To: DMG
• Permit Index Doc Type: Annual Fee and Report
• Media Type: D
• Archive: No

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.2RSVOCABLE STANDBY LETTER OF CREDIT
3NSFICXARY:
TATS OP. COLORADO
INED LA3CD RECLAYI'.TION 8.0ARD
.5 CENI'EhTTIAL Bi3I LDZNG
313 SHSRIdAI: STREET
.IiVaR, COIARADO 80203
?PLICxtT
)LfiAM, INC.
.O. BOX 122
TNDEE, 2'SCIiICAt1 48131
i0.`Zr: 313-524-2411
31TTLcMEN
ONS DETROIT CENTER
500 WOODWARD AVENUE
24TH PI,OOR, MC 3341
DETROIT, MI 48226
DATE: SEPTEMBER 9, 1994
NO.:
AMOUNT': 52,509,624.30
INITIAL EXPIRATZO?:
D;.iE: SEPTb!~'-8ER 8, 199S
PER3GIT NO: M77-348
HERHBY ISSUE AA9 ESTABLISH ODR IRREVOCABLE LETTER OF.CRSDZT, THE AMOUNT
tICH IS AVAILABLE SY BENEFICIARY'S DRAFT OR DRAFTS DRAWN IIPON US, WHICH SHALL
PAID AT SIGHT, WHEN ACCOMPANIED BY TH8 FOLLOWING DOCOMENT:
A WRIYTEN STAT%MfiKI' OF THE DIRECTOR ("THB DIRECTOR') OF THE DIVISION OF
Mr~ai,t.c AND GEOLOGY OF THE STATE OF COIARADO (•THS DIVISION") CERTIFYING
THAT Hfi IS A DIILY ADTHORIZED OFFICIAL ACTING ON BEHALF OP THE STATE OF
COLORADO AND THAT THE AMOUNT OP THE ACCOMPANYING SIGHT DRAFT IS DtIR AND
PAYABLE TO THE STATE OF COTARADO PURSIIANT TO ApPLICABLfi PROVISIONS OF
COLORADO STATUTES GOVERNING MINED I,ADID RHCLAMATION AND THAT HOLNA22, INC.,
OR ITS SIICCESSOR HAS NEGLECTED, FAILED, OR RSFIISED TO PAY SIICH AMOUNT
AL2X0(7GH RE(jOBSTED 217 DO SO 8Y TXE DIRHCTOR.
1CH SIGHT DRAFT SO DRAWN AND PRSSENTfiD SHALL Bfi HONORED BY IIS IF PRESENTED
CZOR TO THE CLOSE OF BUSINESS ON THE EXPIRATION DATE OF THIS LETTER OF
tSDIT. THIS CREDIT REFERS TO HOLNAM, INC.'S APPLICATION POR A PERMIT TO
iGAGE IN IdINING AND RECLAMATION ACTIVITIES HITXIN THS STATE OF COIARADO.
' IS AN EXPRESS CONDITION OF THIS LETTER OF CREDIT THAT ZT SHALL B&
1TOI6ATICALLY EXTENDED FOR SDCCSSSIVS ADDITIONAL PHRIODS OF ONE YEAR EACH
LOki THE INITIAL AtUI EACH FUTURE EXPIRATION DRTS IINLESS COMERICA HANK
THE B.I1NK') SWILL NOTIFY THS DIRECTOR AT LEAST 90 DAYS PRIOR TO AN
:PIRATZON BATH ZN WRITING 8Y REGISTERED t'JaIL, AT THS ABOVE ADDRESS, THAT
S SANK ELECTS NOT TO EXTEND THE CREDIT POR SUCH ADDITIONAL PERIOD.
SDCH EVENT, IN ADDITION TO HIS POWER TO DRAW HEREON UNDER THE PRECEDING
.RAGRAPHS, THE DIRECTOR MAY DRAK THE PIILL OR ANY LESSER AtfOUNT HEREOF AT ANY
~ME PRIOR TO SOCH EXPIRATION DATE BY SIG'dT DRAFT, OR DRAFTS, ACCOMPANIED BY
:S WRITTEN STATEL~hT OF T'riE DIRECTOR CERTIFYING THAT THE AMO"JNI' DRAWN WILL 8E
:Lb RS A CASH DEPOSIT IN LIEU OP FINAI:CIAL WARRAhTTY, AS PROVIDED IN APPLiCA5 LE
~I,ORi.DO STATUTES GOVERNING MINED LAND AND RECT.AY.ATION.
:E ORIGItUU~ SIGh~D LBTTER OF CREDIT KILL BE PRESEITED TO THE BF:h'f BY TkE
~NEFZCIARY AIANG WITr{ A*,-Y DRAFT PRESENTED PDRSUAh'T TO T"riIS LETTER OF CREDIT,
:D WILL SE SURREh-DERED TO TY.E BAt~'}: HITri ANY DRAFT h-HICH DARKS THE FULL A"~UI.T,
THE S.AI.T NCH R_t?'.AINING AVAILABLE. UNDER THIS LETTER OP CREDIT.
~NTIh'VED ON PAGE T'WO