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i <br /> STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources RECEIVE <br /> <br /> <br />1313 Sherman St., Room 215 D <br />U I V I S I G N O F <br /> <br />Denver, Colorado 80203 <br />Ph <br />3 <br />MAR 12 2001 MINERAL S <br />b` <br />one: ( <br />03) 866-3567 G E O L O G Y <br />FAX: (303) 832-8106 R E r' L A M AT 10 N <br /> Division of Minerals and Geology MINING-SAFETY <br /> Bill Owens <br /> <br />FINANCIAL WARRANTY Governor <br /> Greg E. Walther <br /> LETTER OF CREDIT Executive Director <br /> Michael B. Long <br /> Director <br /> fo00,o0 <br />Operator: Rocky Mountain Materials, and Asphalt, INc. <br />Operation: G & V Gravel Pit <br />Permit No.. M-19 91-144 <br />Bank: Western National Bank <br />Street: 102 North Cascade <br />City: Colorado Springs <br />State: Colorado Zip Code: <br />Area Code: '(719)', ` 1 Telephone: <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />80903 <br />381-5600 <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 1973, 34-32-101 et sea. (the <br />"Act"), as amended, provides that no permit may be issued under the Act until the Mined Land <br />Rechulation n_-11 (t he "Board") receives a Financial Warranty (or Warranties) as described in the <br />Act. <br />WHEREAS, Rocky Mountain MMaterials and Asphalt, Inc. (the <br />"Operator"), a Colorado corporation, has applied <br />for a permit to conduct a mining operation known as G & V Gr ave Pit (the <br />"Operation"), on certain lands in Fremont <br />County, Colorado. <br />These lands are described in the permit application, as amended and supplemented, and are referred <br />to herein as the "Affected Lands". <br />WHEREAS, as part of the application for the permit, the Operator has agreed to be bound by all <br />requirements of the Act and all applicable rules and regulations of the Board, as amended from time <br />to time.