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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />June 10, 2002 <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />RECLAMATION <br />MINING•SAFETY <br /> Bill Owens <br />Mr. Manuel Torrez covemor <br />The Fort Lyon Canal Company Greg E. Watcher <br />7$0 S. Ben[ Ave. Executive Director <br />Las Animas <br />CO 810$4 Ronald W. Ca¢any <br />, Acting Division Director <br />Re: File No. M-2001-097, Fort Lyon -State Pit No. 1, 112c Decision Letter - 'Financial and Performance <br />Warranty Request -Construction Material Operation <br />Dear Mc Tosez: <br />On June 6, 2002, the Division of Minerals and Geology approved your. l 12c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $24,700.00. You must submit a financial <br />warranty in this amount and a perfotrnattce warranty in order for us to issue a permit. You indicated in Exhibit L <br />that you would be providing the financial warranty in the form of a certificate of deposit. The proper forms for <br />[hat type of financial warranty aze enclosed with this letter. If you change your mind about the type of ftnancial <br />warranty you want to provide from those listed in Rule 4.3, please let us know so we can send you the proper <br />forms. We have enclosed a performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS <br />BEEN ISSUED BY. THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND <br />PERFORMANCE WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE <br />ADEQUACY OF BOTH YOUR FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />L` you have any questions, please contact me. <br />Sincerely, <br />>~D.Oehler <br />C~~~,-- <br />Environmental Protection Specialist <br />Cc: File No. M-2001-097 <br />Bazb Chiappone, DMG <br />Enclosures <br />gDMG-SIM't\O55\Tdd\TEMP0I-AP-78 M2001097_IDO_20020610_87201 AM.doc <br />