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TATE OF COLORADO ? <br />MINED LAND RECLAMATION DIVISION <br />0 <br />Department of Natural Resources <br />1313 Sherman St.. Room 215 R[?C F I V E D <br />Denver. CO 80203 APR 12 nm "•" "; <br />303 866-3567 ?JaTB, <br />FAX:3 ?8t@Cr <br />Division of Minerals & Geology Go m <br />Fred R. Banta. <br />F INAWf IAL WARRANTY MWson 0're= <br />CORPORATE SURETY <br />Operator: Andesite Roc;: Commanv <br />Operation: Ca=Z Gravel Resource <br />Permit No: M88-043 ' <br />Bond No:. 20 S 100633525 BCA <br />Warrantor: The ketria Casualty and Surety ' C:onigaiiy <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 un er We Act until the Mined Land Reclamation Board (the "Board") <br />receives a Financial Warranty (or Warranties) as described in the Act. <br />WHEREAS, Andes ite Rock Company (the "Operator"), a <br />Colorado corporation, has applied for a permit to conduct a <br />mining operation known as Cam Gravel Resource (the "Operation). <br />These lands are described in e perms app ica ion, 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 preside for reel arnati o of the A`rcLted Lands that are naw, or <br />may become, subject to the permit, at required by lair. <br />WHEREAS, the Operator and The Aetna Casual tv and Surety Co1(iy <br />"Warrantor"), a corporation organized ana existing under the laws o e State <br />of Connecticut and duly authorized to transact a bonding and surety <br />business in a ate 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 April 1 , 1996 <br />to. aril 1.. 1997 , for the payment of which sum, well I and truly <br />made, we hereby in ourselves and our personal representatives, successors <br />and assigns, jointly and severally, firmly by these presents.