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1`1AY 06 '93 04:25PPI DI'd4'1INErRAL' &GC-0L0G <br />STATE OF COLD <br />P.9%11 51P <br />, <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Co 80203 <br />phone: (303) 866.3567 <br />FAX; (303) 833.8106 <br />P:RFCRMANC`: WARRANTY <br />P "P.1. <br />AUG 51993 <br />C?IJ!"Or,, W Nlinera;s & Geology <br />Operator; ELBERT COUNTY <br />Operation: ELBERT SAND NAND GRAVEL <br />Permit No: M-8 -129 <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, CRS as amended, <br />3432-101 et sea, (the "Act"), as amended, provides that no permit may be <br />issued under .the Act until the Mined Land Reclamation Board (the "Board") <br />receives a performance warranty (or warranties) that is a written promise to <br />comply with all applicable requirements of the Act. <br />WHEREAS, Elbert County (the "Operator"), has <br />applied for a permit to conduct a mining operation known as ,:1 b mr-f- qa (j An_c <br />Gravel (the "Operation") on Certain lands in Elbert _ <br />County, Colorado. These lards are described in the permit application, as <br />amended and supplemented, and are referred to herein as the "Affectec Lands"... <br />WHEREAS, in its application for the permit, the Operator has agreed <br />to 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, the Board has determined, in accordance with the Act, that <br />the estimated costs cf reclamation with,regard to those affected lands <br />in _ Elbert County which are now or may bsceme sub;ect to the permit <br />are those amounts for the sta?ed periods of time as set forth in the financial <br />warranty, which may be amended from time to time to reflect revised estimates <br />of said costs of reclamation. <br />WHEREAS, the Operator hereby gives the Board a performance warranty <br />pursuant to Section 34-32-117(2) of the Act, and herein promises the Board <br />that it will comply with all applicable requirements, of the Act with regard to <br />those Affected Lands. <br />a' <br />876' <br />Roy Romer <br />Governor <br />Michael S. Long <br />Division Direrar