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COLORADO <br />` Division of Reclamation, <br />Mining and Safety <br />D"Ament o+ Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />January 8, 2015 <br />Bernard Frei <br />Albert Frei & Sons Inc. <br />P.O. Box 700 <br />Henderson, CO 80640 <br />Re: File No. M-2014-043, Hatchery Pit, 112c Decision Letter - Conditions, Financial and Performance <br />Warranty Request - Construction Material Operation <br />Dear Mr. Frei: <br />On January 8, 2015, the Division of Reclamation, Mining and Safety approved your 112c mining permit application. <br />The conditions to the approval are noted below: <br />Stipulation No. <br />Description <br />1) Operator agrees to not affected land within 200 feet of any permanent man made structure unless a <br />structure agreement is received for the structure and accepted by the Division or until a geotechnical <br />analysis is submitted and accepted by the Division. The Operator shall provide an updated copy of all <br />exhibits that are affected by the geotechnical analysis. <br />The amount of financial warranty set by the Division for this operation is $809,500.00. 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 />Von - <br />Tyler O'Donnell <br />Environmental Protection Specialist <br />cc: Tom Kaldenbach, DRMS <br />Steve O'Brain, Environment, Inc. <br />cf cr>4i <br />1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us��; <br />i, <br />John W. Hickenlooper, Governor Mike King, Executive Director Virginia Brannon, Director I �', <br />