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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Na[wal Resources <br />1313 Sherman 6t., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />February 28, 2006 <br />Mr. Donald R. Kerr <br />Kerr & Son Trucking <br />P.O. Box 1496 <br />Buena Vista, CO 81211 <br />COLORADO <br />DIVISION O F <br />MINERALS <br />GEOLOGY <br />0.E CLANATION•NINING <br />SAFETY•sC1ENCE <br />Bill Owens <br />Governor <br />Russell George <br />Enecutive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Truztee <br />Re: Jesse Lee, Permit No. M-1984-043, Succession of Operators Approval, Revision No. SO-2 <br />Deaz Mr. Kerr: <br />On Febnlary 6, 2006, the Division of Minerals and Geology approved the succession of operators from Kerr & Son <br />Trucking to Pelino, Inc. for this operation. Pelino, Inc. is now the permitted operator of the Jesse Lee, and as such, is <br />responsible for all provisions in M-1984-043, as well as those specified in the Rules and Regulations. <br />Enclosed are the following bond and the Performance Warranty you originally provided. <br />Commercial Bank Irrevocable Letter of Credit 99-6 $16,000.00 <br />These have been released as of Febmary 6, 2006 Division approval for the succession of operators. You should advise <br />your bank or insurance company of this release by copy of this letter. <br />If you have any questions, please contact me. <br />Sincerely, <br />~~~ <br />~/ Cazl B. Mount <br />~~~~ <br />Senior Environmental Protection Specialist <br />Enclosures <br />CERTIFIED MAIL N0.7001 2510 0004 2148 0416 <br />Return Receipt Requested <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />