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AVCOLORADO <br />Division of Reclamation, <br />Mining and Safety <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />December 9, 2014 <br />Aaron Franson <br />Franson Family Partnership, a Limited Partnership <br />49627 County Road L <br />Yuma, CO 80759 <br />Re: File No. M- 2014 -051, Franson Pit, 110c Decision Letter - Financial and Performance Warranty <br />Request - Construction Material Operation <br />Aaron Franson: <br />On December 9, 2014, the Division of Reclamation, Mining and Safety approved your 110c mining permit <br />application. <br />The amount of financial warranty set by the Division for this operation is $26,600.00. You must submit a financial <br />warranty in this amount and a performance warranty in order for us to issue a permit. In the event you have requested <br />a financial warranty form, we have enclosed it in this letter. If you have not, please select a type of financial warranty <br />from Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. We have enclosed a <br />performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND <br />PERFORMANCE WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE <br />ADEQUACY OF BOTH YOUR FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me. <br />Sincerely, <br />Elliott R. Russell <br />Environmental Protection Specialist <br />Enclosure: Performance Warranty <br />cc: Tom Kaldenbach; DRMS <br />Stevan O'Brian; Consultant <br />1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http: / /mining.state.co.us <br />John W. Hickenlooper, Governor I Mike King, Executive Director I Virginia Brannon, Director <br />oF.Coto . <br />O <br />A <br />