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COLORADO <br />Division of Reclamation, <br />Mining and Safety <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Memo <br />Date: August 13, 2018 <br />Tabetha Lynch, DRMS <br />RE: Roadside; C-1981-041: Bond Release No. 11 (SLI 1) <br />Reclamation Cost Estimate (RCE) <br />BONDING SUMMARY <br />The Reclamation Cost Estimate for the Roadside Mine was updated on 8/13/2018 utilizing <br />CIRCES costs which were updated by the Division in August, 2018. This estimate updated <br />the tasked from Permit Renewal No. 7 (RN7) and removed all tasks not associated with the <br />additional work approved to be conducted with Technical Revision No. 69 (TR69). This <br />included removing any equipment from the mobilization task no longer listed within the <br />remaining site tasks. <br />The required surety prior to SU 1 was $49.631.54. The calculated liability for the Roadside <br />Mine after the approval of SU 1 is $31,604.83. The Division currently holds a surety bond <br />in the amount of $65,702.24. <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 Robert Randall, Executive Director I Virginia Brannon, Director <br />