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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of~Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 60203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />February 28, 2005 ~ <br />COLORADO <br />DIVISION O F <br />MIN &RALS <br />GEOLOGY <br />RE<LAMATION•MIN ING <br />$AFETY•SCIENCF <br />Bill Owens <br />Governor <br />Mr. Galen Reese <br />Reese Contracting / Russell George <br />Executive Director <br />16757 CR 16 Ronald w. Cattany <br />AtWOOd, ~`~ 80722 Division DireLYOr <br />/ / r/ Natural Resource Trustee <br />Re: Washington/County's Nicholson Gravel Pit, Permit No. M-1986-048, Transfer of Permit and Succession of <br />Operator Decision to Approve and Request for Financial Warranty, SOS <br />Deaz Mr. Reese: <br />On February 25, 2005, the Division of Minerals and Geology decided to approve the Transfer of Permit and Succession of <br />Operator application submitted to the Division on February 7, 2005, addressing the following: <br />Transfer of Permit No. M-1486-048 from Washington County to Reese Contracting. <br />On yow 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 $43,357.00. A copy of the <br />bond calculation is enclosed. Please note that this financial warranty was calculated based on the currently approved permit <br />which states that all reclamation will be done at the conclusion of mining and that all mining will be done at 3H to I V slopes <br />with no highwalls created during mining. Any changes to the mining or reclamation plans could result in significant changes in <br />the financial warranty. Please submit a financial warranty in tbe amount of $43,357.00 and a Performance Warranty withinthe <br />next 60 days. <br />The transfer of Permit No. M-1996-052 will NOT be final until the bond and performance warranty are <br />approved by the Division. <br />If you have any questions, please contact me or Bazbaza D. Chiappone, Minerals Division Program Assistant. <br />Sincerely, <br />~~- ~ ~ ~~~ <br />Gregg R Squire <br />Environmental Protection Specialist <br />Encloswe <br />ce: Bruce Johnson, Washington County <br />Bazbara D. Chiappone, Division of Minerals and Geology <br />Office of <br />Mined Land Reclamation <br />Office of <br />Active and Inartive Mines <br />Colorado <br />Cenlneical Survev <br />