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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 8663567 <br />FAX: (303) 832.8106 <br />1 ~ {`~ <br />y5Q ~~ COLORA` <br />DIVISION OF <br />~j -2ta D~ RECLAMATION <br />MINING <br />- &- <br />SAFETY <br />Bill Owens <br />Governor <br />Russell George <br />Executive Director <br />October 22, 2007 RECEIVED Ronald w. canany <br />Division Director <br />Natural Resource Trustee <br />Edward Settle `L 2~~~ <br />Grand Junction Pipe and Supply N~~ 0 <br />P.O. Box 1849 <br />pivision of Reclama on, <br />Grand Junction, CO 81502 / Mining and Safety <br />Re: Una Pit, Permit No. M -1980 - 080, Reclamation Costs Update and Notice of Surety Increase SI-Ol. <br />Dear Mr. Settle: <br />In an effort to ensure the financial warranty remains adequate to reclaim this site per the requirements of the approved <br />reclamation plan, DRMS has updated the reclamation cost estimate (copy enclosed). Therefore, pursuant to Section 34 <br />-32.5-117(4) of the Colorado Land Reclamation Act, adequate financial warranty must be submitted to the <br />DRMS within 60 days of the mailing date of this report. The increase needs to be accepted prior to 12/24/2007. <br />Please review the enclosed figures as soon as possible and contact our office if any calculation errors are noted. <br />Staff calculations estimate the cost to reclaim the site to be $126,521.00. This is an increase of 34 121.00 over the <br />$92,400.00 currently held by the Division. <br />The estimate is based on current conditions observed during the latest inspection. The increase in mine production was <br />considered in the reclamation cost update and contributed to the increase in bond amount. Also, the cost update is a <br />reflection of the increased cost to conduct reclamation work due to various market influences. <br />If you need additional information, please contact me at the Division of Reclamation, Mining and Safety, Grand Junction <br />Field Office, 101 S. 3'~ Street, Suite 301, Grand Junction, Colorado 81501, telephone no. 970.241.1117. <br />Sincerely, <br />-~!~ <br />Travis Marshall <br />EPS I, Grand Junction Field Office <br />Cc: Carl Mount, Senior Environmental Protection Specialist, North Team Supervisor. <br />Office of Office of <br />Mined Land Reclamation Active and Inactive Mines <br />