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<br /> <br /> <br /> <br /> <br /> <br />March 14, 2024 <br /> <br /> <br />Michael B. Toelle <br />Holcim (US) Inc. <br />3500 Highway 120 <br />Florence, CO 81226 <br /> <br /> <br />Re: Portland Limestone Quarries - File No. M-1977-344 <br /> Holcim (US) Inc. <br /> Amendment (AM-2) <br /> Bear Creek Quarry Permit Amendment for Red Creek Quarry <br /> <br />Dear Michael B. Toelle: <br /> <br />On March 14, 2024 the Division of Reclamation, Mining and Safety concluded its review of the <br />Amendment application submitted to the Division on October 2, 2023, addressing the following: <br /> <br />Holcim is amending the Portland Limestone Quarry (Bear Creek Quarry) Permit to include the Red <br />Creek Quarry of 4076.08 acres for a total permit area of 5615.34 acres. The Red Creek Quarry is the <br />future limestone source for the Portland Cement Plant replacing the Bear Creek Quarry in the future. <br />The site name was updated to “Portland Limestone Quarries” <br /> <br />The decision reached by the Division is: approve. <br /> <br />The terms of Amendment No. 2 approved by the Division are hereby incorporated into Permit No. M- <br />1977-344. All other conditions and requirements of Permit No. M-1977-344 remain in full force and <br />effect. <br /> <br />The revised liability amount exceeds the financial warranty currently held (see below), please submit <br />additional bond or a rider to your existing bond that equals or exceeds the Revised Liability. The <br />revision will not be final until the bond is approved by the Division. <br /> <br /> <br />Bond Held: $5,268,550.00 <br />Prior Liability: $5,268,550.00 <br />Change in Liability: $16,051,542.00 <br />Revised Liability: $21,320,092.00 <br />Prior Permit Acreage: 1,539.26 <br />Change in Permit Acreage: 4,076.08