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October 5- 2015 <br />Russell Larsen <br />Elam Const, action Inc. <br />556 Struthers Ave <br />Grand Junction, CO 81501 <br />A&71 <br />� COLORADv <br />Division of ttectamtiC,,, <br />Mi..i&,y a„d 5M=ty <br />Department or Natural Rcwurce3 <br />1313 5herman Street, Room 215 <br />Denver _ CO 80203 <br />RE. Breeze Basin Sana & Gravel rit Permit No. M-2008-022, Reclamarfon Costs Update ana <br />Notice of Surety Increase (SI -2) <br />Dear Mr. Larsen: <br />In an effort to ensure the Financial Warranty ror the above referenced site adequately reflects the actual <br />current costs of fulfilling the requirements of the approved reclamation plan, the Colorado Division of <br />Reclamatio,,, Mining and Safety ,Division) has updated the , eclamation cost estimate (copy enclosed). <br />Divisio„ calculations estimate the cost to reclaim the above , eferencea site to be $55,000 rounded up <br />from . Thio 13 an increase of 7190 over the"4� 7.810 c.n e„tly held by the Division. This <br />estimate is based on conditio„3 observed during the September 9, 2015 i„apection. Therfore, <br />pursuant to section 34-32.3-11 7(-4) of- rhe Colorudo Land Reclamation Act, aaequare Financ;al <br />Warranty musr be submitted to the Division within 60 days of the mailing date of this letter. The <br />additional amount need to be accepted prior to Friday, December 04, 2015. Please review the <br />enclosed tigures as soon as possible a„d co„tact our oncce if any calculation errors are „oted. <br />Please make arrangements with Barba, d Coria at the Division of Reclamation, Mi„i„g and Sarety <br />De„ve, Office, phone no. 303.866.3567, ext. 8148 f6, submittal or the financial warranty. A„y <br />questions rega, di„g completion, execution and/or submittal of fiva„Cial warranty torms should also <br />be directed to Barbara Coria. <br />Iryou require additional info,,,,dtion, or have questions or concerns, please feel free to contact me. <br />Amy Yeldell at the Division of Reclamado„. Mi„i„g and Sarety, 1313 Sherman St., Room 215, <br />Denve,, CO 8020. Direct contact can be made by pho„e at 970-254-8511 or via email at <br />amy.yeldell@ state.cu.ua <br />Since ely, <br />Amy Y d <br />r,nvironmentaI Protection Specialist <br />Departme„t of Natural Resources <br />Division of Reclamatio,,, Mining and Safety <br />Ec: Russ Means, Senior EPS / Field office Superviam, Grand Junction DRMS <br />Enc: Financial Wa„ anty Lost Estimate <br />1313 S5Erman Sheet, Room 215, Denver, Cu Bucu3 P 3u3.856.3567 r 303.83Z.8106 http://mining.state.,z;.n, <br />John vv. nicRenLz;per, uo.ernur I MiRe K1,%, ExeCutive Director I virginia 6,anrion, D rector <br />1876 <br />