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STATE OF <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman 6t., Room 215 <br />Denver, Colorado 80203 <br />Phone: (3031866-3567 <br />FAX: (303) 832-8106 <br />October 22, 2002 <br />~ i~. <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />RECLA MA710N <br />MINING•SAFETY <br />Mr. William Peetz Bill Owens <br />Governor <br />Ranch Land, LLC Greg E. Watcher <br />3925 Hill Circle Executive Director <br />Colorado Springs, CO 80904 Ronald W. Cattany <br /> Acting Division Director <br />Re: File No. M-2002-096, Ranch Land Rock Pit #1, 112c Decision Letter -Financial and Performance <br />Warranty Request • Construction Material Operation <br />Deaz Mr. Peetz: <br />On October 22, 2002, the Division of Minerals and Geology approved your 112c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $43,500.00. You must submit a financial <br />warranty in this amount and a perforrance warranty in order for us to issue a permit. In the event you have <br />requested a financial warranty form, we have enclosed it in this letter. If you have not, please select a type of <br />financial warranty from Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. <br />We have enclosed a performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS <br />BEEN ISSUED BY THE DIVISION AE'CE$ 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 />If you have any questions, please contact me. <br />Sincerely, <br />L. undson <br />Environmental Protection Specialist <br />Enclosure <br />cc: Angela Bellantoni, Environmental Alternatives, Inc. <br />M:bss\Tdd\TEMP\M-AP-18~12002096_ALA_20021022_I72537 AM.doc <br />