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<br />1 -this season's reclamation activities. Following completion of the <br />• required reclamation activities this season there will be no <br />further transport of the topsoil pile under the terms of the <br />Agreement. <br />5. Schedule of Activities: Rockcastle intends to obtain bids and <br />select a contractor within the next three weeks. The work is <br />currently anticipated to be divided into three phases, Pit 4, Pits <br />5/6 and Pits 1/2/3. The Pit 4 work will be commenced first, with <br />the remaining two phases to be commenced approximately five to <br />eight weeks into the project depending upon actual site conditions. <br />Rockcastle currently estimates that the total project time through <br />mulching and reseeding will be approximately 16 weeks. This <br />estimated schedule for the work is, of course, dependent upon a <br />successful bidding process and contractor selection. Rockcastle <br />will update. you on the status and implementation of the project <br />following the completion of the bid process. <br />6. Extension of the Agreement: Given the anticipated schedule set <br />forth above Rockcastle believes the remaining work can be completed <br />and the requisite bond releases completed by December 31, 1992 and <br />would propose that the Agreement be extended until that date. <br />Rockcastle believes that it has made considerable reclamation <br />progress at the site and as such has demonstrated its good faith <br />• despite previous delays in obtaining bond release approvals as <br />contemplated by the Agreement. Rockcastle intends to complete its' <br />obligations under the Agreement and pursue final bond release as <br />soon as possible. We look forward to your cooperation as the final. <br />stages of reclamation are completed this season. Please contact m~'- <br />if you have further questions or require additional information. <br />Thank you. <br />Very truly yours, <br />PARCEL, MAURO, HULT-I~3-&_S\ STRA, P.C. <br />-~~...A.;,- ~~~ <br />Dean R. Massey <br />Attorneys for The Rockcastle Company <br />DRM:zm <br />cc D MacDougall <br />J Nettleton <br />rocklt <br />• <br />