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<br /> <br /> <br /> <br /> <br /> <br />June 29, 2022 <br /> <br /> <br />Miranda Kawcak <br />Peabody Sage Creek Mining, LLC <br />29515 RCR27 <br />Oak Creek, CO 80467 <br /> <br /> <br />Re: Mesa Gravel Pit - File No. M-1982-036 <br /> Peabody Sage Creek Mining, LLC <br /> Surety Increase Application (SI-1) <br /> Surety Increase <br /> <br />Dear Miranda Kawcak: <br /> <br />On June 29, 2022 the Division of Reclamation, Mining and Safety increased the current Financial <br />Warranty for this permit to $174,196.00, in accordance with Rule 4.2.1 of the Rules and Regulations. <br />This is an increase of $41,923.00. <br /> <br />Please see the May 25, 2022 inspection report for details regarding why this surety increase is <br />required. <br /> <br />The Division ordered amendment of the current Financial Warranty, or submittal of a new Financial <br />Warranty reflecting the increase, within 60 days from the date of this letter (June 29, 2022). <br /> <br />Please make arrangements with Sara M. Stevenson-Benn at the Division’s Denver office for submittal <br />of the financial warranty. Any other questions regarding completion, execution and/or submittal of <br />financial warranty forms should also be directed to Sara M. Stevenson-Benn by telephone at (303) <br />866-3567 (8148), or by email at Sara.stevenson-benn@state.co.us. <br /> <br />The Permittee for this site may be scheduled for a Formal Board Hearing for possible revocation of <br />the permit after August 28, 2022, if the amount of any increased Financial Warranty has not been <br />provided. <br /> <br /> <br />Bond Held: $132,273.00 <br />Prior Liability: $132,273.00 <br />Change in Liability: $41,923.00 <br />Revised Liability: $174,196.00 <br />Prior Permit Acreage: 96.50