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<br /> <br /> <br /> <br /> <br /> <br />August 11, 2025 <br /> <br /> <br />Alan Parkerson <br />Parkerson Construction, Inc. <br />710 S. 15th St <br />Grand Junction, CO 81501 <br /> <br /> <br />Re: 32 Road Pit - File No. M-1985-219 <br /> Parkerson Construction, Inc. <br /> Surety Increase (SI-4) <br /> Surety Increase <br /> <br />Dear Alan Parkerson: <br /> <br />On August 11, 2025 the Division of Reclamation, Mining and Safety increased the current Financial <br />Warranty for this permit to $535,645.00, in accordance with Rule 4.2.1 of the Rules and Regulations. <br />This is an increase of $184,607.00. <br /> <br />Surety Increase after inspection to account for inflationary increaes from 2022 SI-3 to 2025. Site <br />conditions remain similar. <br /> <br />Please see the July 8, 2025 inspection report for details regarding why this surety increase is required. <br /> <br />On August 11, 2025, the Division ordered amendment of the current Financial Warranty or submittal <br />of a new Financial Warranty reflecting the increase, within 60 days. <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, 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 if the amount of any increased Financial Warranty has not been provided by October 10, <br />2025. <br /> <br /> <br />Bond Held: $351,038.00 <br />Prior Liability: $351,038.00 <br />Change in Liability: $184,607.00