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<br /> <br /> <br /> <br /> <br /> <br />September 5, 2023 <br /> <br /> <br />Baxter W. Kirkland <br />Midway Aggregates, RLLP <br />P.O. Box 580 <br />Rye, CO 81069 <br /> <br /> <br />Re: Midway Pit - File No. M-1988-018 <br /> Midway Aggregates, RLLP <br /> Surety Increase (SI-2) <br /> Increase Financial Warranty Pursuant to Approved Mine Plan Changes in TR-4 <br /> <br />Dear Baxter W. Kirkland: <br /> <br />On September 5, 2023 the Division of Reclamation, Mining and Safety increased the current <br />Financial Warranty for this permit to $140,388.00, in accordance with Rule 4.2.1 of the Rules and <br />Regulations. This is an increase of $78,128.00. <br /> <br />Please see the January 24, 2023 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 (September 5, 2023). <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 November 4, 2023, if the amount of any increased Financial Warranty has not been <br />provided. <br /> <br /> <br />Bond Held: $62,260.00 <br />Prior Liability: $62,260.00 <br />Change in Liability: $78,128.00 <br />Revised Liability: $140,388.00 <br />Prior Permit Acreage: 126.54