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JRN-10-1997 1138 ~RR COMPRNIFS INC. . 6743 P.63 <br />application expenses. I did not change your estimate of cost of seed r fertilizer, <br />but did adjust cast for seedbed preparation, seed drilling, and spreadi fertilizer. <br />The adjusted per acre cost including seed and fertilizer is $176.33/ac .Applied <br />to 100.0 acres [75.0 acres + 25.0 acres for estimated failure], the n w total is <br />,'$17633.00, or a decrease from your estimate of $17053.81. <br />Therefore, the adjusted total should approximate: <br />#$89,550.00 ~ <br />+~ 9.409.37 <br />=$98,959.37 <br />- 517.053.81 <br />#$81,905.36 -Total financial warranty required, or a reduction $70,3 6.44 from <br />the effective financial warranty of $152,252.00. <br />All other factors of your determination appear too close to argue and hould be <br />given the benefit of the doubt, as I Vust the figures indicated above wi I be given <br />similar consideration. Thank-you Christina for your assistance d ring this <br />consideration. We have had to wrestle a bit with soil and numbers, ut I think <br />the effort was well placed and has resulted in a fair representation of t e realities <br />at play over this site. If you need further information or clarification, lease do <br />not hesitate to contact me. <br />Respectfully, <br />3 . ~a-- ~ <br />Bradford Janes <br />Professional Forester <br />r <br />fF <br />I <br />Correspondence of Friday 10 January 1997 from Bradford Janes, for Varna Gompanie Inc., to <br />Christine Kamnikar, Colorado Division of Minerals and Geology. 2 <br />i <br />