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o~E~and ~Eady=~vc~x C'on~~EtE; ~n~. <br />`~~~CONCRETE, SAND & GRAVEL ~ - <br />Phone (970) 667-2680 Fax (970) 667-0036 <br />P.O. Box 299 -Loveland, Colorado 80539-0299 <br />RECEIVED <br />J vJUN ~ 6 2006 <br />Division •f Minerals and Geology <br />June 5, 2006 <br />State of Colorado _ <br />Division of Minerals & Geology <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Attn: Thomas A Schreiner, Environmental Protection Specialist <br />~ ~ <br />RE: Lazimer Pit, Permit # M-1974-069AM-2 <br />Deaz Mr. Schreiner: <br />We aze in receipt of your approval letter dated May 25, 2006. The Travelers <br />Casualty and Surety Company of America Corporate Surety Bond # 19510317044 BCV <br />in the amount of $47,200.00 will not be renewed on July 19, 2006, which will reduce our <br />bond to $252,800.00 secured by the Home State Bank Letter of Credit #444. If you will <br />forward a financial warranty form for both a Letter of Credit and a Certificate of Deposit, <br />we will proceed to obtain a revised financial warranty in the amount of $211,200.00. <br />Very truly y rs, <br />u <br />Geo n Fancher <br />Secretary/Treasurer <br />