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<br /> <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 | Robert W. Randall, Executive Director | Virginia Brannon, Director <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br /> <br /> <br />December 29, 2016 <br /> <br /> <br />Michael S. Savage <br />Savage and Savage, Inc. <br />4610 Haystack Drive <br />Windsor, CO 80550-2597 <br /> <br /> <br />Re: Carbon Junction Mine (Permit No. C-1992-080) <br /> Bond Release Application No. 5 (SL-5) <br /> <br /> <br />Dear Mr. Savage: <br /> <br />In accordance with Rule 3.03.2(5)(b) of the Rules and Regulations of the Colorado Mined Land <br />Reclamation Board for Coal Mining (Rules), you are hereby notified that the Division's decision <br />to approve Bond Release Application No. 5 for the Carbon Junction Mine became final on <br />December 24, 2016 . <br /> <br />Bond Release No. 5 reduces your reclamation liability by ($112,165.00). The current liability is <br />now $0.00. The Division suggests you provide a copy of this letter (and, for federal operations, <br />copies of the OSM and BLM concurrence letters) to your bonding company for written evidence <br />of approval to reduce your bond. If you choose to reduce or replace your existing bond, it must <br />equal or exceed $0.00. If this release constitutes a full and final bond release, the Division will <br />return your performance bond to you as soon as possible. <br /> <br />If you have questions or need additional information, please contact me. <br />