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Exhibit D <br />page 2 <br />will be twice (2x) the depth of excavation as measured from the toe of excavation, as detailed in <br />Exhibit S. <br />Excavation ofcell 10 will be set back 100 feet from Wilson Avenue on the East and 50 feet from the <br />City of Loveland sewer line on the South, see Exhibit S. <br />It is estimated that 100,000 to 150,000 tons of sand and gravel will be extracted each year to <br />complete the operation. Mining of the existing area under permit M-1974-069 is progressing as <br />planned and described in the original permit and AM-1. Upon completion of mining of ce119, top <br />soil will be placed and seeding will commence. It is anticipated that the completion and seeding will <br />commence in the spring of 2006. Mining of cell 8 will continue to progress from east to west with <br />reclamation following. <br />The following schedule approximates the time it will take to mine each pit if each gravel deposit <br />produces its anticipated volume of sand and gravel. <br />Approximate Time Table: <br />Pit No. <br />8 <br />10 <br />Final Reclamation <br />Year* <br />Complete 2008 <br />Complete 2010 <br />2011 <br />*Time table is based upon current market conditions. If market slows, completion ofcell 10 <br />could be as late as 2014, with Final Reclamation following in 2015. <br />