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I <br />III II ~II'll <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />111 { $hcrm.tn 51., Rnom 215 <br />Denver, Grlnrado 80201 <br />Phnnc~ 15071 Bbb-15h7 <br />Fr1S (SU71 It}?-AIUb <br />June 12, 1998 <br />~~~ <br />DEP.gRTbIENT OF <br />NATURAL <br />RESOURCES - <br />ftoy Rnmer <br />Cmernor <br />lames S. Lochhead <br />Ewcuhve DireUar <br />Mr. Dick Stephenson <br />Gypsum Ranch, LLC .,~cn~el a. LonK <br />Drvnian Drzeuor <br />14156 Highway 82 <br />Carbondale, CO 81623 <br />RE: File No. M-98-014, Gypsum Ranch Sand and Gravel Pit, 112c Decision Letter -Financial <br />and Performance Warranty Request -Construction Material Operation <br />Dear Mr. Stephenson: <br />On June 5, 1998, the Division of Minerals and Geology approved your 112c mining permit applicatnn. <br />The amount of financial warranty set by the Division for this operation is $125,000.00. You must <br />submit a financial warranty in this amount and a performance warranty in order for us to issue a permit. <br />In the event you have requested a financial warranty forth, we have enclosed it in this letter. If you have <br />not, please select a type of financial warranty from Rule 4.3. Then contact us so that we can provide <br />you with the appropriate warranty form. We have enclosed a performance warranty form withthis letter <br />for your use, as well as the reclamation cost for this site. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERD4IT <br />HAS BEEN ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL <br />WARRANTY AND PERFORMANCE WARRANTY. A PERMIT WILL NOT BE ISSUED <br />UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR FINANCIAL WARRANTY AND <br />PERFORMANCE WARRANTY. <br />If you have any questions, please contact me. <br />Sincerely, <br />~~ . K~ <br />Christina L. Kamnikar <br />Environmental Protection Specialist <br />Enclosures <br />M~ \OSS\P AI M \TEM P\M AP 1801 i C L K <br />