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999 <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department o(Natural Resources <br />i 313 Sherman 8t., Room 215 <br />Denver, Colorado 80203 <br />Phone: (3031 866-3 56 7 <br />FAX: (303) 832-8106 <br />December 17, 2001 <br />Mr. Reef Gillum <br />Horizon Ranch, LLP <br />P.O. Box 190 <br />Forney, TX 75126 <br />RE: Memphis, Permit No. M-1997-084, Transfer of Permit and Successiou of Operator <br />Approval and Request for Financial and Performance Warranties, SO- Ol <br />Dear Mr. Gillum: <br />~~ <br />DIVISION OI <br />MINERAL`.. <br />GEOLOGI`' <br />RECLAMATION <br />MIN ING•SA FE TY <br />Bill Owens <br />Governor <br />Greg E. Walther <br />Executive Director <br />Michael 8. Long <br />Division Director <br />On December 5, 2001, the Division of Ivfinerals and Geology approved the Transfer of Permit and <br />Succession of Operator application submitted to the Division on October 23, 2001, addressing the <br />following: <br />Transfer of Permit No. M-1997-084 from Ouray Associates, LLC to Horizon Ranch, LLP. <br />On your application form you initialed Option A, which specifies that the Division would recalculate the <br />required bond prior to approval of the transfer. The estimated liability of the reclamation bond has been <br />calculated to be $1,053.00. Please submit a financial warranty in the amount of $1,053.00 within 60 <br />days. The transfer of Permit No. M-1997-084 will not be final until the bond is approved by the <br />Division. <br />If you have any question, please contact me or Suzi Ericksen, Program Assistant. <br />Sincerely, t _ <br />C~` Y 'L V ~ / <br />,~~ Bob Oswald <br />Environmental Protection Specialist <br />cc: Jim Poulos, Ouray Associates, Inc. <br />Suzi Ericksen, DMG <br />