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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1373 Sherman St., Room 275 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832106 <br />December 10, 2003 <br />Mr. Lucio Vasquez <br />2525 I-25 W. Frontage Road <br />Erie, CO 80516 <br />RE: Lucio Vasquez; Vasquez Quarry No. 2; Permit No. M-1994-12I <br />Financial Warranty Increase CSS-p I } <br />Deaz Mr. Vasquez, <br />COLORADO <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />YEC LAM ATION•NI NING <br />SA FETY•$CIENCE <br />Bill Owens <br />Governor <br />Greg E. Watcher <br />Executive Director <br />Ronald W. Canany <br />Division Director <br />Natural Resource Trustee <br />On November 21, 2003 the Division of Minerals and Geology conducted an inspection of the Vasquez Quarry <br />No. 2, Permit No. M-1994-121. According to Rule 4.2.1(1) and (2), the Division may review a financial <br />warranty at any time to determine if the amount is sufficient to perform reclamation. The result of that <br />inspection and subsequent recalculation indicated that the site is currently underbonded. This letter is to <br />inform you that your financial warranty will need to be revised from its current amount of $1,49L00 to <br />$7,670.00 within 60 days of receipt of this letter. The operator has three options regazding the amount of <br />required bond; <br />1. submit additional financial warranty in the amount of $6,179.00 within 60 days of receipt of this letter, <br />2. perform some reclamation on the site to reduce the reclamation liability, or <br />3. revise the reclamation plan. <br />A copy of calculations used to determine this cost is attached for your review. If you have any questions about <br />this process or how the bond was calculated, please contact me at (303) 866-4943. <br />S' erely, <br />Enca S. Crosby <br />Environmental Protec ' pecialist <br />cc: Cazl Mount; DMG (via electronic transmission) <br />Barb Chiappone; DMG (via electronic transmission) <br />Enclosure(s) <br />Certified Mail # 7001 2510 0004 2146 1385 <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />