2005-09-29_REPORT - M1977348

• Permit No: M1977348
• IBM Index Class Name: Report
• Doc Date: 9/29/2005
• Doc Name: Annual Fee/Report/Map
• From: Holcim ‎(US)‎ Inc.
• To: DMG
• Media Type: D
• Archive: No

' %~'-Y
FLEX:
Mils INTL DET
~tIFT: MLQBD US 33
AX [phone]
iRSVOCABLE ST}tNDBY LETTER OF CREDIT
?NSFICIARY:
CATS OP. COLORADO
LNED LAiCD RECLAY~TION BOARRD
.5 CENTSh'NIAL SiTILDING
313 SHSR1dAli STREET
?liV't'R, COLORADO EO'<03
?PLICA..T:
)LfiAH, INC.
.O. BOX 122
IPIDE:E, 1',ICHICAlt 48131
i0.": 313-529-2f11
~ iFTLe:MEN:
~+« a G.aa D;,;,Iy,
ONS DETROIT CfiNTSR
500 WOODflRRD RVSIIIIH
24TA PRAOR, MC 33G1
DETROIT, MZ 48226
DATE: SEPTEMBER 9, 1994
NO.:
AMOUNT: 52,509,624.30
INITIAL EXPIRATI02i
D:.TE: SEPT6?~.~ER 8, 1995
PSRt4IT NO: M77-345
HERHBY ISSUE RLID ESTABLISH OUR IRREVOCABLE LETTER OF.CRSDIT, THE AMOUNT
iICH IS AVAILAHLS SY BENEFICIARY'S DRAFT OR DRAFTS DRANK IIPON US, WITICH SHALL
PAID AT SZOHT, WHfiN ACCOMPANIYD BY THH POLI.oWING pOCDtSElTi':
A WRTITEN STATYMENT OF THE DIRECTOR ("TKH DIRECTOR') OF THE DIVISION OP
HI2~RAI.S AND GSOLUGY OF THS STATB OF COLORADO ['THB DIVISION") CSRTIPYZNG
THAT HE IS A DIILY ADITIORIZSD OFFICIAL ACTING OH BEHALF OF THE STATE OF
CIOIARADO AND THAT THE AImIIN'T OP THfi ACCOMPANYIIIG SIGHT DRAFT ZS DII8 Alm
PAYABLE TO THS STATE OF COIQRADO PDRSOA2lT TO ApPLICABLfi PROVISIONS OF
COLORADO STAZS)TES GOVfiRNIHG MINED LAlm R%CLAMATION AND TKAT HOLNAM, INC.,
OR ITS SIICCSSSOR HAS NEGLBCTSD, FAILED, OR RSFIISED TO PAY SUCK AMOIIti!`
ALTHOUGH REQIISSTED TO DO SO BY THE DIRECTOR.
~f3i SIGHT DRAFT 50 DRAWN AliD PRHSEHTSD SHALL Bfi HONORED BY IIS IF PR%SfiNTBD
LIOR TO THE CLOSE OF BDSINESS ON THE EXPIRATION DATB OF THIS LETTER OF
2SDIT_ THIS CREDIT REFERS TO XOLNAM, INC.'S APPLICATION FOR A PERMIT TO
tGAGE I27 MIN72IG AND RECLAMATION ACTIVITIES HITHIN THS STATE OF COLORADO.
' IS AN EXPRESS CONDITION OF T))IS LETTER OF CREDIT THAT ZT SHALL Bfi
CIOM~ATTCALLY SXTENDHD FOR SUCCSSSIVS ADDITIONAL P%RIODS OF ONE YEAR fiACH
t02f TIC INITTnT- AND EACH FUTURE EXPIRATION RATS IIPII,BSS COMERICA BANK
TH8 SAHK') SHALL NOTIFY THE DIRECTOR AT LEAST 90 DAYS PRIOR TO AN
:PIRATION DATH IK WRITING BY REOISTERfiD 2'AIL, AT THE ABOVE ADDRESS, THAT
S SANK fiLECTS HOT TO EXTEND THS CREDIT POR SUCH ADDITIONAL PERIOD.
SUCH EVENT, ZN ADDITION TO HIS POHER TO DRAB HEREON UNDHR Tktfi PRfiCEDZNG
.RAGRAPHS, THE DIRECTOR MAY DRAW THE FLII.L OR Ally LE$SHR AIfOIINT HEREOF AT ANY
ME PRIOR TO SIICH EXPIRATION DATE BY SIGHT DRAFT, OR DRAF'CS, ACCON.PANIED BY
:S KRITT£N STATE!*.SNT OF TriE DIRECTOR CERTIFYING Tr.AT THE AMO"Jli2' DRAWN WILL BS
:LD AS A CASH DEPOSIT IN LIfiU OP FItiANCIAL WARRA*ITl", AS PROVIDED IN APPLICABLE
~LORADO STATUTES GOVERNING MINED LAND A~lD RECLAMATION.
:E O:ZGINAL SIGh3D LHiTER OF CREDIT KILL BE PRESE7TED TO THH EAN'% BY T'HE
IIEFiCIRRY ALONG WITi{ Ah'Y DRAFT PRESENTED PORSUAhT 1'O T1iZS LETTER OF CREDIT,
D WILL BE SURRENDERED TO TY.E BAt~?: WZTri ANY DRAFT ScHICH DRAKE THE FULL A".O[JhT,
THE BAI.A_*ICH IL~?SAINING AVAILABLE, UNDER THIS LETTER OF CREDIT.
~NTINUEO ON PAGE TWO