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es~ ens, ~~ <br />STATE OF CbLORADO <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) 866-3567 <br />FAX: (303) 832-8106 <br />November 17, 2006 <br />Don Loloff <br />Loloff Construction <br />COLORADO <br />DIVISION O F <br />RECLAMATION <br />MINING <br />SAI&ETY <br />Bill Owens <br />Governor <br />206 Hill St. R°~~`° ceorse <br />Executive Director <br />P.O. BOX 518 <br />Kersey CO 80644 Ronald w. Canany <br />> Division Director <br />Natural Resource Trustee <br />Re: Loloff Mine, Permit No. M-1985-112, Transfer of Permit and Succession of Operator Approval and <br />Request for Financial and Performance Warranties, SO-3 t/ <br />Dear Mr. Loloff: <br />On November 16, 2006, the Division of Reclamation, Mining and Safety completed the review of your application for <br />a Transfer of Permit and Succession of Operator application submitted to the Division on October 2, 2006. On your <br />application form you initialed Option A, which specifies that the Division would recalculate the required bond prior to <br />approval of the transfer. The estimated liability of the reclamation bond has been calculated to be $58,200.00. Please <br />submit a financial warranty in the amount of $58,200.00 within 60 days. The transfer of Permit No. M-1985-112 <br />will not be final until the bond is approved by the Division. You will be contacted once the warranties have been <br />review and approved. <br />If you do not post the warranty within 60 days, the current operator will be responsible for submitting an original rider <br />in the amount of $58,200.00 to the Division. <br />If you have any questions, please contact me or Elizabeth Shelton, Minerals Division Program Assistant. <br />Sin ly, <br />~~ ~~~ <br />Erica S. Crosby <br />Environmental Protection S 'al' <br />cc: Mike Refer; Aggregate Industries-WRC, Inc. <br />Elizabeth Shetlton, Division of Reclamation, Mining and Safety <br />Office of Office of <br />Mined Land Reclamation Active and Inactive Mines <br />