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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />October 11, 2007 <br />Mike Prehm <br />Lafazge Western U.S. Region <br />P.O. Box 368 <br />V <br />RECENED <br />OCf 15 2001 <br />piviMMln9 and Safety n, <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />./~~ SAF TY <br />t~Q~/ Bill Owens <br />Governor <br />Russell George <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource trustee <br />Glenwood Springs, CO 81602 / <br />Re: Sievers Pit, Permit No. M - 19\7/7 - 098, Reclamation Costs Update and Notice of Surety Increase SI-03. <br />Dear Mr. Prelun: <br />In an effort to ensure the financial warranty remains adequate to reclaim this site per the requirements of the approved <br />reclamation plan, DRMS has updated the reclamation cost estimate (copy enclosed). Therefore, pursuant to Section 34 <br />-32.117(4) of the Colorado Land Reclamation Act, adequate financial warranty must be submitted to the <br />DRMS within 60 days of the mailing date of this report. The increase needs to be accepted prior to 12/11/2007. <br />Please review the enclosed figures as soon as possible and contact our office if any calculation errors are noted. <br />Staff calculations estimate the cost to reclaim the site to be $249,035.00. This is an increase of $19 943.00 over the <br />$229,092.00 currently held by the Division. <br />The estimate is based on current conditions observed during the latest inspection. The addition to the office building was <br />considered in the reclamation cost update and contributed to the increase in bond amount. Also, the cost update is a <br />reflection of the increased cost to conduct reclamation work due to various market influences. <br />If you need additional information, please contact me at the Division of Reclamation, Mining and Safety, Grand Junction <br />Field Office, 101 S. 3"' Street, Suite 301, Grand Junction, Colorado 81501, telephone no. 970.241.1117. <br />Sincerely, <br />//%~ <br />Travis Marshall <br />EPS I, Grand Junction Field Office <br />Cc: Carl Mount, Senior Environmental Protection Specialist, North Team Supervisor. <br />Office of Office of <br />Mined Land Reclamation Active and Inactive Mines <br />