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<br />DIVISION OF MINERALS AND GEOLOGY <br />Depslmenl of Nmural Resou roes <br />I } 14 Sherman 5i., Room 21 5 <br />Denver, Colorado 8020) <br />Phnnc: I f0}1 tl66-JSn: <br />FAX:130J18J2-8106 <br />September 20, 1995 <br />~~ <br />~T " T~ ~F COLORADO <br />III IIIIIIIIIIIIIIII <br />I~~~~ <br />DEPARTMENT OF <br />NATURAL <br />RESOURCES <br />Rpy Romer <br />Mr. Paul Banks covrmn. <br />AGRA Earth and Environmental Inc. Iamras ~ocnnend <br />E+emiivr Direao~ <br />17301 W. Colfax Avenue Suite 170 <br />Mirharl N loop <br />Golden, Colorado 80401 oLiS ion Din~c u,r <br />RE: Dowe Flats Quarry, File No. M-93-041 - Recalculation of the <br />Financial Warranty Based Upon Approval of Revision No. TR-001 <br />Dear Mr. Banks, <br />On September 20, 1995, the Division of Minerals and Geology <br />completed the recalculation of the Financial Warranty for the Dowe <br />Flats Quarry, Permit No. M-93-041, based upon the approved mining <br />and reclamation plans in Revision No. TR-001. A copy of the <br />reclamation bond calculation is enclosed for your information. The <br />new financial warranty amount is $2,233,452.00. This amount was <br />based upon the information provided in the technical revision <br />application as well as in subsequent adequacy responses. <br />The current financial warranty posted for the Dowe Flats Quarry is <br />$3,301,219.00. This is a decrease in the reclamation bond required <br />by DMG in the amount of $1,067,767.00. Please provide a <br />replacement bond for $2,233,452.00 or submit a rider to your <br />current corporate surety decreasing the bond amount. <br />If you have any questions, please contact Carl Mount. <br />Sincerely, <br />~~ <br />Christina L. Kamnikar <br />Environmental Protection Specialist <br />Enclosure <br />cc: John Lohr, Southdown, Inc. <br />Debbie Molloy, DMG <br />Carl Mount, DMG ~ / <br />Certified Mail P 296 797 384 ~/ <br />