2006-09-15_REVISION - M1994080

• Permit No: M1994080
• IBM Index Class Name: Revision
• Doc Date: 9/15/2006
• Doc Name: Increase Ltr. of Credit- FAX
• From: Arkins Park Stone Corp.
• To: DRMS
• Type & Sequence: SI1
• Media Type: D
• Archive: No

09/15/2006 10:39 9706632315
ARKINS PARK STONE
P
STATE OF COLORADO
DIVISION Of MINERALS AND GEOLOGY
Depardnent of Natural Resources
1313 Sherman St, Raom~2t 5
DRnVlY, cOiOradn aD2o3
Phone: (3D3) 86(x3567
FAX: [phone]
]uly 11, 2006
RCC~IVED
JtP 15 2006
Division of Reclamation,
Mining and Safety
COLORADO
DIV ISAON OF
MItJ~RALS
GEOLOGY
AfC1ANATlON+MiNING
3Af ETT'ELIENCE
Ms. Judy Sprague
Arkins Park Stone Corp-
5975 NCR No. 27
Loveland, CO 80538
RE: Berthoud Sunset; Permit No. M-1994-080
Axkins Park Stone Corp.; Purancial Warranty lnerease
Dear Ms. Sprague,
9111 Owens
Gavemor
Russell Geasge
Exeru[rve Director
Ronerd W. Caltany
Division Director
Natural ReypyA7e Truspae
On June 6, 2006, the Division of Minerals and Geology conducted an inspection of the Berthoud Sunset Quarry,
Permit No. M-1994-080. The Division currently holds a bond in the form of a Letter of Credit (#3158 issued by
the First National Bank of Fort Collins) in the amount of $4,635.70-
According to Rule 42.1(1) and (2), the Division may review a ftnamcial warranty at any time to deternlioe if the
amount is sufficient to perform reclamation. The Division reeaIcvlated the bond to factor in the current disturbance
and what is required to achieve the approved postmirting land use of rangeland, The result of the recalculation
indicates that the site is currently underbonded. This letter is tv inform you that your financial warranty wi11 need
to be revised from its current amount of $4,635.70 to $34,800.00 within 60 days of receipt of this letter. A copy of
calculations used to determine this cost is attached for your review. The operator has three options regarding the
amount of required bond;
l- submit additional financial warranty in the amount of $30,164.30,
2. perform some reclatation on the site to reduce the reclaration liability, or
3, revise the reclatnatian plan.
One of the three options roust be completed by September 15, 200b. Failure to do so may be considered a violation
of the Construction Material Rules and Regulations. If you have any questions about this process or how Ure bond
was calculated, please contact me at [phone]-
S' erely,
~~~~.
Erica S. Gkosby
Envirotitpental Protection
cc: Carl Mount; DMG
Elizabeth Sheltgn; DMG
Enclosure(s)- DMG Reclamation Cost Estimate
Certified Ivlail it 7004 1350 0001 1636 7534