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COLORADO <br /> `/ Division of Reclamation, <br /> Mining and Safety <br /> Department of Natural Resources <br /> November 15, 2023 <br /> Rod Havens <br /> McAtee Construction Company <br /> 6215 Clear Creek Parkway <br /> Cheyenne, WY 82007 <br /> RE: Timnath Pit, Permit No. M1989-056, Financial Warranty Increase, Revision No. SI-3 <br /> Dear Mr. Havens, <br /> On November 15, 2023 the Division of Reclamation, Mining and Safety (DRMS/Division) increased the <br /> current Financial Warranty for the Timnath Pit (M1989-056) to $528,944.00, in accordance with Rule 4.2.1 <br /> of the Mineral Rules and Regulations for the Extraction of Construction Materials. This is an increase of <br /> $159,320.40 from the currently held amount of$369,623.60. <br /> The Division ordered amendment of the current Financial Warranty, or submittal of a new Financial <br /> Warranty reflecting the increase, is due within sixty (60) days from the date of this letter,January 14, 2024. <br /> Failure to post the additional required Financial Warranty within sixty (60) days may result in the Division <br /> pursuing enforcement actions. Enforcement actions may include the assessment of civil penalties, issuing a <br /> cease-and-desist order, permit revocation and find the currently held Financial Warranty subject to <br /> forfeiture. <br /> Please make arrangements with Sara Stevenson-Benn at the Division's Denver office for submittal of the <br /> financial warranty. Any other questions regarding completion, execution and/or submittal of financial <br /> warranty forms should also be directed to Sara. Her phone number is 303-866-3567 or by email at <br /> sara.stevenson-benn(@state.co.us. <br /> If you need additional information or have any questions, please contact me by telephone at 303-866-3567 <br /> x8114, or by email at patrick.lennberg(@state.co.us. <br /> Sincerely, <br /> a-�—0? — <br /> Patrick Lennberg <br /> Environmental Protection Specialist <br /> Enclosures: Financial Warranty Cost Estimate Summary <br /> OF'COC <br /> 1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 https://drms.colorado.gov/ <br /> Jared Polis, Governor I Dan Gibbs, Executive Director I Michael A. Cunningham,Acting Director I �� \o <br /> �1876� <br />