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<br /> <br /> <br /> <br /> <br /> <br />March 29, 2024 <br /> <br /> <br />Julie Mikulas <br />Martin Marietta Materials, Inc. <br />1800 N. Taft Hill Road <br />Fort Collins, CO 80521 <br /> <br /> <br />Re: Greeley 35th Ave Pit - File No. M-1977-036 <br /> Martin Marietta Materials, Inc. <br /> Surety Reduction Request (SR-1) <br /> Surety Reduction for the West Cell Reservoir <br /> <br />Dear Julie Mikulas: <br /> <br />On March 29, 2024 the Division of Reclamation, Mining and Safety concluded its review of the <br />Surety Reduction Request application submitted to the Division on February 12, 2024, addressing the <br />following: <br /> <br />Surety reduction was requested to reduce the surety by 80% for the completion and obtaining DWR <br />approval of the West Cell Reservoir <br /> <br />The decision reached by the Division is: Approve. In accordance with Rule 4.17.2(5), the Division <br />is required to wait thirty (30) days from this notice to allow for appeal of the Division’s decision. <br />Once this period closes, if no appeal is submitted, the Division’s decision will be final. <br /> <br />This is a reduction of ($1,915,433.00). This decision reduces the amount of the financial warranty, <br />and does not approve any release of reclamation responsibility for the tasks associated with this <br />request. <br /> <br />Please provide a rider to the current Financial Warranty, or submit a new Financial Warranty <br />reflecting this reduction. If you wish to submit a different type of Financial Warranty, please contact <br />our office for the applicable form. <br /> <br />Bond Held: $7,764,000.00 <br />Prior Liability: $7,764,000.00 <br />Change in Liability: ($1,915,433.00) <br />Revised Liability: $5,848,567.00 <br />Prior Permit Acreage: 381.38 <br />Change in Permit Acreage: 0.00