Laserfiche WebLink
COLORADO <br /> Division of Reclamation, <br /> Mining and Safety <br /> Department of Natural Resources <br /> July 8, 2025 <br /> Garrett C. Varra <br /> Raptor Materials, LLC. <br /> 8120 Gage Street <br /> Frederick, CO 80516 <br /> RE: Financial Warranty Increase, Revision No. SI-4, Kurtz Resource Recovery Land Development <br /> Project, Permit No. M-1999-006 <br /> Dear Mr. Varra, <br /> On July 8, 2025, the Division of Reclamation, Mining and Safety (Division/DRMS) increased the current <br /> Financial Warranty for the Kurtz Resource Recovery Land Development Project (M-1999-006) to <br /> $2,571,871.00, in accordance with Rule 4.2.1 of the Mineral Rules and Regulations for the Extraction of <br /> Construction Materials. This is an increase of$2,140,871.00 from the currently held amount of <br /> $431,000.00. <br /> The surety increase is based on your financial warranty cost estimate provided to the Division on July 2, <br /> 2025. The bond amount will be reevaluated during the upcoming amendment process and may be <br /> increased or reduced once the amendment is approved. <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, September 6, <br /> 2025. Failure to post the additional required Financial Warranty within sixty (60) days may result in the <br /> Division pursuing enforcement actions. <br /> Please make arrangements with Sara Stevenson-Benn at the Division's Denver office for submittal of <br /> the financial warranty. Any other questions regarding completion, execution and/or submittal of <br /> financial warranty forms should also be directed to Sara at sara.stevenson-benn@state.co.us. <br /> If you need additional information or have any questions, please contact me by email at <br /> Patrick.lennberg@state.co.us. <br /> Sincerely, <br /> OF COCO <br /> 1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 https://drms.colorad0. ov/ <br /> Jared Polis, Governor I Dan Gibbs, Executive Director I Michael A. Cunningham, Director I � ' O <br /> * I876 * <br />