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STATE OF <br />DIVISION OF MINERALS AND GEOLOGY <br />Departrnent of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866.3567 <br />FAX: (303) 832.8106 <br />July 11, 2006 [/ <br />COLORADO <br />DIVISION O F <br />MINERALS <br />GEOLOGY <br />EEC LANATIO N•NINING <br />f AFETT•r CIFNCE <br />Ms. Judy Sprague <br />~ sill ovens <br />coVemor <br />Arkins Park Stone Corp. <br />5975 NCR No <br />27 Busses ceolge <br />. Executive Dinxtor <br />Loveland, CO 80538 <br />/ Ronald W. Cattany <br />/ <br />RE: Berthoud Sunset; Pemut No. M-1994-080 ,/ Division Director <br />Nazurai Rewurce trustee <br />Atkins Park Stone Corp.; Financial Warranty Increase <br />Dear Ms. Sprague, <br />On June 6, 2006, the Division of Minerals and Geology conducted an inspection of the Berthoud Sunset Quarry, <br />Pemrit No. M-1994-080. The Division currently holds a bond in the form of a Letter of Credit (#3158 issued by <br />the First National Bank of Fort Collins) in the amount of $4,635.70. <br />According to Rule 4.2.1(1) and (2), the Division may review a financial warranty at any time to determine if the <br />amount is sufficient to perform reclamation. The Division recalculated the bond to factor in the current disturbance <br />and what is required to achieve the approved postmining land use of rangeland. The result of the recalculation <br />indicates that the site is currently anderbonded. This letter is to inform you that your financial warranty will need <br />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 <br />calculations used to detemline this cost is attached for your review. The operator has three options regazding the <br />amount of required bond; <br />1. submit additional financial warranty in the amount of $30,164.30, <br />2. perform some reclamation on the site to reduce the reclamation liability, or <br />3. revise the reclamation plan. <br />One of the three options must be completed by September 15, 2006. Failure to do so may be considered a violation <br />of the Construction Material Rules and Regulations. If you have any questions about this process or how the bond <br />was calculated, please contact me at (303) 866-4943. <br />Si erel , ~~L <br />ric~osby <br />Environmental Protection eci ' t <br />cc: Carl Mount; DMG <br />Elizabeth Shelton; DMG <br />Enclosure(s)- DMG Reclamation Cost Estimate <br />Certified Mail # 7004 1350 0001 1636 7534 <br />Office of Office of Colorado <br />Mined Land Reclamation Active and InaQive Mines Geological Survey <br />