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PARCEL, MAURO, HULTIN & SPAANSTRA, P.G. <br />Mr. Fred Banta, Duector <br />August 8, 1990 <br />Page 2 <br />4 by 150,988 cubic yards. As documented in Attachment A, Rockcastle has reduced the <br />volume of Pit 4 by more than 150,988 cubic yards and, therefore, requests that CMLRD <br />return $97,302 to Rockcastle. The amount of funds to be returned to Rockcastle was <br />determined in accordance with ~ V.4 by subtracting the amount of partial bond release <br />requested herein ($222,622) from the $572,000 bond amount under the CMLRB Order and <br />then subtracting this amount from the current bond of $446,680. <br />Rockcastle published a Bond Release Request notice in the Steamboat Pilot and <br />provided written notice to all affected parties of the Bond Release Request pursuant to <br />CMLRD Rule 3.03.2. Rockcastle forwarded copies of the personal written notices to <br />CMLRD on August 3, 1990. The proof of publication of Rockcastle's Bond Release <br />Request is enclosed as Attachment B. With this submission, Rockcastle has met all <br />applicable notice requirements under the CMLRD rules and the foregoing documents <br />constitute a complete bond release request application. <br />Rockcastle understands that CMLRD may desire to inspect the Grassy Gap site to <br />verify this partial bond release request. Rockcastle requests that this inspection, if deemed <br />necessary, be conducted as soon as possible. Given the ongoing nature of reclamation <br />activities at the Grassy Gap Mine site, the volume reduction of Pit 4 which may be verified <br />by a subsequent CMLRD inspection will be greater than that 268,219 cubic yards set forth <br />herein. Consequently, Rockcastle requests that CMLRD release additional reclamation <br />bond monies and return these monies to Rockcastle where the volume reduction of Pit 4 <br />verified by a subsequent CMLRD inspection is greater than the 268,219 cubic yards <br />documented in Attachment A. <br />Please contact me or Brent Anderson at yow earliest convenience if you have any <br />questions or require additional information regarding Rockcastle's request for bond release. <br />Sincerely, <br />E R ULTI & SPAANSTRA, P.C. <br />ean M <br />Brent C. Anderson <br />Attorneys for the Rockcastle Company <br />BCA:mb <br />Encloswe <br />cc: David MacDougall, Esq. <br />Mark Korb, Esq. <br />Robert Sherman <br />