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40-50 per acre revision be eliminated, and that the stocking rates be done in <br />accordance with the 1977 Reclamation Plan, including maintaining "Open Forest" <br />as the designated post mining land use for the Reclamation Plan. The County <br />recommends a re-defined stocking rate for trees and shrubs of 400-435 per acre in <br />the Reclamation Plan. The Company has requested that the requirement to plant <br />trees and shrubs on the tailing deposition area be eliminated. It is not acceptable at <br />this time to eliminate this requirement from the Company's original 1977 <br />Reclamation Plan. The request to eliminate trees and shrubs plantings from this <br />azea should be included in the plan to create a developed water resource over <br />approximately 70% of the tailings impoundment azea, which it has been agreed will <br />be considered through the Amendment process. <br />Amendment three (3) involves retaining building at the Mine Site in Cleaz Creek <br />County. It is our understanding that Clear Creek County and the Company are in <br />discussions regazding the potential uses of buildings at the mine location. Grand <br />County has no comments regarding this proposed amendment and it appears that <br />this change is most important to Clear Creek County for future uses relating to <br />long-range economic development. <br />The Company and the County agree that the proposed Revision of 100 Percent <br />Dry Cover Reclamation to 70 Percent Water Resource Reclamation needs to be <br />processed as a Permit Amendment and not a Technical Revision (see Pazagraph <br />No. 1 of Exhibit "A"). At the time the "wet cover" Amendment is to be considered <br />the Company will provide a feasibility study, which addresses the water quality, <br />structural, operational and financial issues, design and engineering, a geo-technical <br />analysis and other support documentation. In addition, this wet cover scenario <br />includes a water treatment system that will require a 1041 Permit to be issued by <br />Grand County that is required to be in place prior to or with approval of this <br />Amendment by the Colorado Mined Land Reclamation Board. There is no <br />guazantee that a 1041 Permit will be issued, as it is a public hearing process with <br />comprehensive engineering and technical data required before review. <br />In review of AM-04 it was discovered that the Company has also under review <br />what is known as TR-12. Irt TR-12, the Company plans to utilize an existing .17 <br />acre landfill and develop a new 7.5 acre landfill at the Mill site for deposition of <br />materials associated with operation (i.e., buildings). It is our understanding that the <br />Department of Public Health and Environment and Division of Mineral and <br />Geology have a Memorandum of Understanding requiring that mines and their <br />associated uses are and will be maintained in substantive compliance with public <br />health and environmental regulations. In addition, Grand County permits landfills <br />only after special review and approval by the Boazd of County Commissioners <br />(Section XI, 11.1 (2), 11.2, 11.3 and 11.4, Grand County Zoning Regulations) and <br />Certificate of Designation. On a regional level, the landfills would also have to <br />Page 8 of 9 <br />