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IIIIIIIIIIIIIIIIIIIOF COLOMDO <br /> DIVISION OF MINERALS AND GEOLOGY 999 <br /> Department of Natural Resources <br /> 1313 Sherman St., Room 215 <br /> Denver,Colorado 60203 D I V I S I O N O F <br /> Phone:(303)866-3567 MIN E R A L S <br /> FAX:(303)832-8106 & <br /> GEOLOGY <br /> RECLAMATION <br /> MINI N G•SAF ETY <br /> January 4, 2001 <br /> Bill 0woo, <br /> Mr. David D. Dillon Governor <br /> Sandeo, Inc. Greg Watcher <br /> 691 CR 252 E.ecmive Dveo., <br /> Durango, CO 81301 Michael Du or <br /> RE: Willow Bend, Permit No. M-1986-165, Application for Succession of Operators <br /> Dear Mr. Dillon: <br /> On January 2, 2000,the Division of Minerals and Geology received an Application for Succe Sion of <br /> Operators, Bank of Colorado Irrevocable Letter of Credit No. 8300088844, in the amount of 4,278.00, <br /> Financial Wananty/Letter of Credit and a $125.00 fee. On the Application for Succession of Operators, <br /> Option A was initialed, which specifies that the Division will recalculate the required bond piior to approval <br /> of the transfer. The required bond amount was recently recalculated by Mr. Bob Oswald, Enlironmentat <br /> Protection Specialist, at$4,278.00(see attached letter from Bob Oswald dated September 20, 2000). <br /> Therefore,the Division now only requires the submittal of the Performance Warranty and the placement of <br /> the corporate seal on the signature page of the Financial Warranty/Letter of Credit. I have en losed a <br /> Performance Warranty for your use. Upon completion, please forward these documents to 4 attention. <br /> If you have any questions, please do not hesitate to call me at(303) 866.4920. <br /> Sincerely, <br /> �n <br /> Program Assistant <br /> Cc Bob Oswald, DMG <br />