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� 4U _ � � r � COMPASS LAND G R O U P GEORGE HENDRICK QUARRY ( PAm04OO250) A ► InA • 111fd MILINITY.CAUFORMIA , BACKGROUNDOVERVIEW George Reed , Inc . ( "GRI " ) owns and operates a surface mining operation in an unincorporated area of San Joaquin County ( " County" ) known as the Hendrick Ranch Quarry ( APN : 249050 - 17 ) ( " Hendrick Quarry" ) . The Hendrick Quarry is authorized for mining and reclamation under Quarry Excavation Permit ( PA- 0400250 ) ( " Permit " ) . The County issued the Permit in 2005 , with the understanding that GRI would commence active material extraction and sales upon the completion of mining at the nearby GRI Bellino Quarry . The Permit expires on December 31 , 2029 . ( Condition of Approval No . 1 . a . [ Approved Uses ] . ) Given market demand , GRI does not anticipate commencing mining at the Hendrick Quarry until 2042 ( upon completion of mining at the Bellino Quarry ) and will not complete mining until 2054 . GRI is seeking a time extension to the Permit ( and associated text update to the phasing schedule of the reclamation plan ) to align the term of the entitlements with the life of remaining permitted aggregate reserves ( " Project " ) . Specifically, GRI seeks the following changes to the existing entitlements : 1 . Amendment to Revisions of Approved Actions for Quarry Excavation Application No . PA- 0400250 to extend the permit term by 25 years ( to December 2054 ) . Associated text change to the Hendrick Quarry Reclamation Plan to update the estimated reclamation phasing schedule to comport with the requested permit term . See Attachment A® proposed Changes to Emosting &AItlements for redlined changes to the existing entitlements to account for the proposed extension of time . Other than the extension of time , GRI seeks no change to any element of the approved operation or Permit . The Project would not modify the permitted productions levels , area of mining , materials to be mined , or mining methods , and the overall production and processing activities would be consistent with permitted conditions . , PROJECT ! • Aggregate mining and processing sites in California are notoriously difficult to permit and require significant capital investment to develop . Once a mine site is operational , it is preferential from an environmental and operational standpoint that the permitted reserves be fully mined to avoid the cost and environmental impact of developing alternative sources of aggregate to serve a local Page 1