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TATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br /> <br />FINANCIAL WARRANTY <br />CORPORATE SURETY <br />Operator: <br />Operation: <br />COLORADO <br />DIVISION OF <br />MINERAL S <br />GEOLOGY <br />RECLAMATION-MINING <br />SAFETY-SCIENCE <br />Bill Owens <br />Russell George <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />SILT SAND & GRAVEL LLC Natural Resource Trustee <br />GRAND RIVER PARK PROJECT <br />PermitNo.: M-2006-046 <br />Bond No.: S9039324 <br />Warrantor: WASHINGTON INTERNATIONAL INSURANCE COMPANY <br />Street: 1200 ARLINGTON HEIGHTS ROAD, SUITE 400 <br />City: ITASCA <br />State: ILLINOIS <br />P Code: 60143 <br />Area Code: (630) 227-4700 Telephone: (630) 227-4817 <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.RS. 1973, 34-32-101 eettM. (the "Act"I as ammx14 provides <br />that no permit may be issued under the Act until the. Mined Land Reclamation Board (the "Board") receives <br />Warranty (or Warranties) as described m the AcL <br />W 1EREAS, SILT SAND & GRAVEL, LLC <br />COLORADO (the "Operator"), a <br />corporation, has applied for a permit to conduct a mining operation brown as <br />GRAND RIVER PARK PROJECT (the "Operation"), on certain lands in GARFIELD <br />q <br />These lands are described in the County, Colorado. <br />permit application, as amended and supplemented, and are referred to herein as the "Affected <br />Lands". <br />WHEREAS, in the application for the permit, the Operator has agreed to be bound by all requirements of the Act and all <br />applicable rules and regulations of the Board, as amended from time to time. <br />WHEREAS, in the application for the permit, the operator has agreed with the Board to provide for reclamation of the <br />Affected Lands that are now, or may become, subject to the permit, as required by law. <br />Office of Office of <br />Mined Land Reclamation Active and Inactive Mines Colorado