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8 arnhart Agency, Znc. <br />N ~ 212 West 13th Street <br />Pueblo, CO 81003 • Fax (719) 543-1329 • Ph: (719) 543-1324 <br />RECEfVED <br />February 7, 2003 FEB 10 2003 <br />Division of Minerals and CeoloBY <br />Berhan Keffelew <br />Division of Minerals and Geology <br />13.13 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Re: M-1978-283 Sand Arroyo Pit <br />Revised Reclamation Cost <br />Exhibit "L" <br />Dear Mr Keffelew: <br />To confirm our discussion about the Sand Arroyo Pit, (M-1978-283). <br />The applicant will only disturb a maximum of (5) five acres at any one time. The reclamation will <br />consist of backsloping the cut banks and revegation of the slopes; (Please see enclosed revised Exhibit <br />«L„ <br />)~ <br />Exhibit "L" shows a total Performance Bond amount of $19,000.00 dollars. <br />This is the amount we agreed upon. This should meet the Divisions requiremnet for reclamation of <br />this mine and it's expansion. <br />Sincerelji,~ <br />\~,.t,v(,y f <br />Joe Gagliano <br />,•. <br />"Your Brand of People" <br />