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DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St, Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866 -3567 <br />FAX: (303) 832 -8106 <br />March 3, 2014 <br />John M. Clement <br />Keystone Portfolio Management, LP <br />13020 FM 1641 <br />Forney, TX 75126 <br />STATE OF COLORADO <br />ECOPY COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Ptneda <br />p cDirreeccttor <br />RECEIVFr <br />APR 0 2 20 <br />Memphis, Permit M- 1997 -084, Notice of Inadequate Annual Fee and/or Report Division of Reclamation <br />Mining & Safety <br />PLL+'ASE READ CAREFULLY – ACTION REQUIRED <br />Please attach your COMPLETED written Annual Report and Annual Report Map to this form <br />On January 28, 2014, the Division of Reclamation, Mining and Safety received your Annual Fee /Annual <br />Report Packet ( "Packet') for Permit M- 1997 -084, Memphis. However according to Division records, the <br />Packet is inadequate. <br />Annual Fee: Adequate Annual Report: Inadequate <br />If the annual fee is inadequate please send the remaining balance. If they have not been received, please <br />remit $$323.00. <br />If the annual report is inadequate or has not been received, please submit the written report and an <br />adequately labeled map as required by Colorado Mined Land Reclamation Act and /or Colorado Land <br />Reclamation Act for the Extraction of Construction Materials (C.R.S. 34 -32 -116 or 34- 32.5 -116). <br />Enclosed is an annual report form. The Annual Report and Fee requirement is not met until we have <br />received the following components: fee, report, and associated map. <br />The Division must receive the complete Packet no later than 5 p.m. on April 2, 2014 (if this date falls on <br />a weekend or state recognized holiday your Packet will be due on the next regular business day), or a Notice <br />of Violation, Cease and Desist Order from ALL mining related activities, Civil Penalties equal to the amount <br />of the annual fee(s) due, and a Notice of Formal Public Hearing before the Mined Land Reclamation Board <br />for consideration of POSSIBLE PERMIT REV_ OCATION AND FINANCIAL WARRANTY <br />FORFEITURE will be issued for this account. <br />If you have additional comments and/or information that should be provided to the Division, please <br />provide it below or attach it to this form along with your written report and map. If you have any <br />questions, please feel free to contact Michelle Ramirez (303) 866 -3567 ext 8114. Thank you for yo— <br />cooperation in this matter. <br />IF THE COMPLETE ANNUAL FEE SUBMITTALS ARE NOT RECEIVED ON OR BEFORE THE <br />DATE LISTED ABOVE, THE ENFORCEMENT PROCESS WILL BE AUTOMATICALLY <br />INIATIED. ENFORCMENT ACTIONS MAY RESULT IN CIVIL PENALTIES AND /OR <br />REVOCATION OF YOUR PERMIT. <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction - Durango Active and Inactive Mines <br />