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<br /> <br /> <br />Andesite Rock Company <br />STATE OF COLORADO <br />MINED LAND RECLAMATION DIVISION _E E D <br />Department of Natural Resources ??=P9 <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 <br />303 866-3567 <br />FAX: 303 832-8106 <br /> <br />AUG 2 8 1990 <br />Mined Land <br />Reclamation Division <br />FINANCIAL WARRANTY <br />CORPORATE SURETY <br />10 <br />* 1876 <br />Roy Romer, <br />Governor <br />Fred R. Banta, <br />Division Director <br />Operator: Andesite Roca. Company <br />Operation: Carr Gravel Resource <br />Permit No: M38-043 Rond No: 20 S 100633525 BCA <br />Warrantor: The Aetna Casualty and Suety 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 We Act until the Mined Land Reclamation Board (the "Board") <br />receives a Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, <br />Colorado <br />(the "Operator"), a <br />corporation, has applied for a permit to conduct a <br />mining operation known as Cary 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, a? required by la-w. <br />WHEREAS, the Operator and The Aetna Casualt and Surety Co>(iZy <br />"Warrantor"), a corporation organize and existing under the laws o e State <br />of Connecticut and duly authorized to transact a bonding and surety <br />business in the State o Colorado are hereby and firmly bound unto the State <br />in the Sum of Fort Two Thousand Ei ht Hundred and no/ooDollars <br />($ 42, 800.00 or a perio of time rom April 1 , 1990 <br />to A ri1 1 91991 , for the payment of which sum, we an truly <br />made, we hereby in ourselves and our personal representatives, successors <br />and assigns, jointly and severally, firmly by these presents.