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DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1311 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866 -3567 <br />FAX: (303) 832 -8106 <br />PERFORMANCE WARRANTY <br />Operator: 6 T!1(ti <br />Operation: E +IMP Opera-Pi r7 n . <br />.Permit No: M CO - O 87- <br />KNOW ALL MEN BY THESE PRESENTS, THAT: <br />STATE OF COLORADO <br />Bill Owens <br />Governor <br />Greg E. Watcher <br />Executive Director <br />Michael B. Long <br />Division Director <br />WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S. 34 -32 -101 et seq. (the "Act "), as <br />amended, and the Colorado Land Reclamation Act for the Extraction of Construction Materials, <br />C.R.S. 34 -32.5 -101 et seq. (the "Act "), as amended, provides that no permit may be issued under the Act <br />until the Mined Land Reclamation Board (the "Board ") receives a performance warranty (or warranties) that <br />is a written promise to comply with all applicable requirements of the Act. <br />_U /C . "L- (the "Operator "), has applied for <br />WHEREAS, <br />a permit to conduct a si'n g eration known as E. h 'Wee -+ Opera -i=on <br />(the "Operation ") on certain lands in We-14. County, Colorado. These <br />lands are described in the permit application, as amended and supplemented, and are referred to herein as <br />the "Affected Lands ". <br />WHEREAS, in its 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 to time. <br />WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of <br />reclamation with regard to those affected lands in Welt County which are now or may <br />become subject to the permit are those amounts for the stated periods of time as set forth in the financial <br />warranty, which may be amended from time to time to reflect revised estimates of said costs of reclamation. <br />WHEREAS, the Operator hereby gives the Board a performance warranty pursuant to <br />Section 34 -32- 117(2) or Section 34- 32.5- 117(2) of the Act, and herein promises the Board that it will <br />comply with all applicable requirements of the Act with regard to those Affected Lands. <br />D I V I S I O N O F <br />MINERALS <br />GEOLOGY <br />RECLAMATION <br />MINING•SAFETY <br />