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• III Iilllllillili III • <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department or Natural Resources <br />1313 Sherman SI.. Room 215 <br />Denver, CO B0'103 <br />Phone: (3031 866-3567 <br />FAX: 13031832-9106 <br />September 15, 1992 <br />Mr. Augustine DeHerrera <br />P.0. Box 126 <br />Antonito, CO 81120 <br />Re: Financial Warranty, La Florida Pit, File No. M-87-097 <br />Dear Mr. DeHerrera: <br />pF f0~ <br />ti~ *~ <br />Ne <br />.~' <br />•~18'!6~ <br />Roy Romer <br />Governor <br />Michael B. Long <br />Division Director <br />The Division of Minerals and Geology has set the financial warranty amount for <br />the La Florida Pit at $14,500.00. Please see the attached calculations for <br />details ass to how this amount was derived. A bond in the amount of $14,500.00 <br />must be submitted in order for the Division to complete the processing of your <br />Succession of Operators application. Please find enclosed the Letter of <br />Credit from the Bank of Utah in the amount of $5,000.00 that you previously <br />submitted. <br />If you have any questions, please contact me. <br />Sincerely, <br />~.. <br />'' - . <br />Allen C. Sorenson <br />Reclamation Specialist <br />ACS/ern <br />Enclosure(s) <br />cc: Deborah Mulloy <br />CERTIFIED MAIL N0. P 880 733 327 <br />Return Receipt Requested <br />4836E <br />