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999 <br />STATE OF COLORADO <br />-~ DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />141 J Sherman $1.. Room ! I5 <br />Denver, CO 40!03 <br />Phone: 1303. d56 556' <br />FAX: 1:1031 d32-4106 <br />May 25, 1993 <br />Mr J. E. Eiseman <br />First National Bank of Trinidad <br />100 East Main Street <br />Trinidad, CO 81082 <br />RE: Letters of Credit 16 and 54, Trinidad Basin Mining Company, <br />Trinidad Basin Mine, Revoked Permit No. C-81-048 <br />Dear Mr. Eiseman: <br />pp cocoa . <br />~~l~'!~? •~ to <br />c <br />18]6 ~ <br />Roy Romer <br />Governor <br />Michael d. Long <br />D ivisian Director <br />On April 22, 1993, the Colorado Mined Land Reclamation Board declared <br />forfeited in their entirety the Performance Bonds posted by <br />Trinidad Basin Mining Company for the Trinidad Basin Mine, Las Animas County, <br />Colorado. These two letters of credit total $132,280.00. . <br />Pursuant to Rule 3.04.2(5) of the Regulations of the Colorado Mined Land <br />Reclamation Board for Coal Mining, the Division hereby notifies <br />First National Bank of Trinidad of the Bank's opportunity to demonstrate to <br />the Division the ability to complete the Trinidad Basin Mine reclamation plan. <br />Should the bank decline to proceed with completing this reclamation plan, the <br />Division will initiate its request for the proceeds from these Letters of <br />Credit, to be used pursuant to Rule 3.04.2(4) for reclamation of the <br />Trinidad Basin Mine. Proceeds obtained by the Division from forfeited <br />performance bonds in excess of the costs and administration responses to <br />complete the approval reclamation plan will be refunded to First National Bank <br />of Trinidad. <br />Please notify us in writing by June 15, 1993 regarding the Bank's decision in <br />this matter. Should you have any question. please contact me or <br />Steven G. Renner, Coal Program Supervisor. <br />Sincerely, <br />,~ <br />~~~/, • <br />N~•7./.u7~ ~~~/ :LCrCG~~~~L <br />Dani'e`l I. Hernandez •~ <br />Senior Reclamation Specialist <br />DIH/amm <br />cc: Steven G. Renner, DMG <br />Joseph J. Dudash, DMG <br />Debbie L. Mulloy, DMG <br />7568E <br />