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the new development meets the terms of that agreement, to make a minor modification to the <br />Cresson Project Mine Development Plan ( "MDP ") and apply for appropriate building permits for <br />the tower complex. <br />CC &V is planning to construct the facilities in early January 2014, following approval of this TR <br />by the Colorado Division of Reclamation, Mining and Safety ( "DRMS ") and appropriate <br />approvals from Teller County. <br />Radio Tower Site, Road and Power Line <br />The radio site equipment includes a pre- engineered Rohn Tower, model 25G which is 40 feet <br />tall, and a Motorola model PTP 600 operating in the 5.86 GHz unlicensed band located as per the <br />attached revised C -3 and C -4 drawings previously cited. The radio unit will be attached to the <br />tower. <br />The road to the tower on Squaw Mountain would come off the AGVLF Phase 5 perimeter road <br />and curves along the north to east side of Squaw Mountain along a corridor that keeps it largely <br />inside the tree line and within the AM 10 permit boundary. <br />CC &V has had a third party financial warrantee review completed by Mr. Mike Ellis of Ellis <br />Engineering for this TR (see attached). That evaluation suggests that the AM10 financial <br />warranty for the Cresson Project should be increased by $19,909 to cover this addition to the <br />project. Currently, AM10 included a provision for a total financial warranty posting of <br />$171,433,305 with a subsequent revision to $173,000,000. Approval of TR -69 will increase the <br />total financial warranty posting to $171,453,214 for the Cresson Project. The current unallocated <br />bond amount for the Cresson Project is $999,128. The estimated TR -69 amount of $19,909 <br />applied against CC &V's current unallocated bond amount results in a new unallocated bond <br />amount of $979,219. <br />A check in the amount of $1,006 for this technical revision request is attached. <br />Please contact me at (719)- 689 -4055 should you have questions or wish to discuss this request <br />for a technical revision. <br />Sincerely, <br />Timm Comer <br />Manager, Environmental Resources <br />xc: Lor Pellegrino, Teller County Planning <br />Byron Hakes, Mayor, City of Victor <br />Attachments: Referenced Drawings and warrantee estimate <br />Enclosure: Check No. 132595 <br />