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r-.,.~ <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />October 22, 2002 <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />RECLAMATION <br />MINING•SAFETY <br /> <br />Mr. SCDtt D3V15 Bill Owens <br />Governor <br />Schmidt Constmction Company Greg E Watcher <br />2635 Delta Dr. Executive Director <br />Colorado Springs, CO 80910 Ronald W. Cattany <br /> Acting Division Director <br />Re: Coal Creek Resources, Permit No. M-1988.044, Financi al Warranty Reduction Approval, Revision <br />No. SR-2 <br />Dear Mr. Davis: <br />On October 21, 2002 the Division of Minerals and Geology approved your request for a Financial Warranty <br />Reduction to $21Q000.00. This is a reduction of $60,000.00 for 50.42 acres released under this revision. <br />Please provide a rider to the current Financial Warranty, or submit a new Financial Warranty reflecting this <br />reduction. If you wish to submit a different type of Financial Warranty, please contact our office for the applicable <br />form. <br />If you have any questions, please contact me. <br />Sincerely, <br />~ ~ ~~~ <br />Berhan M. Keffelew <br />Environmental Protection Specialist <br />cc: Susan M. Ericksen, Division of Minerals and Geology <br />Mark Heffner <br />M:bss\Tdd\7EMPVvI-EW-13_MI988044_ALA_20021022_I0046 PM.doc <br />