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<br />MINED LAND RECLAMATION DIVISION <br />Department of Natural Resources <br />1313 Sherman St.. Room 215 <br />Denver, CO 80203 <br />303 866-3567 <br />FAX: 303 832-8106 <br />FINANCIAL WARRANTY <br />CORPORATE SURETY <br /> <br />STATE OF COLORADO <br />RE.CEIVEID <br />APR 11993 <br />D1V1$10l1 ui ?JIIf?8ta1?, tx Geology <br />Of . .... coGO <br />'? r876 i <br />Roy Romer. <br />Govemor <br />Fred R. Santa. <br />Division Director <br />Operator: Andesite Roc;: Company -- <br />Operati on: Cam:: Gravel Resource <br />Dermit No: M88-043* Bond No:. 20 S 100633525 BCA <br />Warrantor: The Aetna Casualty and Surety Company <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, <br />34-32-101 et seq. (the "Act"), as amended, provides that no permit may be <br />issued under tie Act until the Mined Land Reclamation Board (the "Board") <br />receives a Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, Andesite Rock Company (the "Operator"), a <br />Colorado corporation, has applied for a permit to conduct a <br />mining operation known as Ca-rr Gravel Resource (the "Operation). <br />These lands are described in the perms application, as amended and <br />supplemented, and are referred to herein as the "Affected Lands". <br />WHEREAS, in the application for the permit, the Operator has agreed to <br />be bound by all requirements of the Act and all applicable rules and <br />regulations of the Board, as amended from time to time. <br />WHEREAS, in the application for the permit, the Operator has agreed with <br />the Board to provide for reclamation of the Affected Lands that are now, or <br />may become, subject to the permit, as required by saw. <br />WHEREAS, the Operator and The Aetna Casualty and Surety Coiiy <br />"Warrantor"), a corporation organizes and existing under the laws o e State <br />of Connecticut and duly authorized to transact a bonding and surety <br />business in the tat- o Colorado are hereby and firmly bound unto the State <br />in the sum of Fort Two Thousand Eight Hundred and no/ooDollars <br />($ 42,800.00 or a period of time from Aril i 1993 <br />to April 1.. 11994 , for the payment of whic sum, we and truly <br />made, we ere by in ourselves and our personal representatives, successors <br />and assigns, jointly and severally, firmly by these presents. <br />N <br />