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Exhibit L -Reclamation Costs <br />Complete reclamation costs are unknown at this time. It is anticipated that approximately $6 <br />million dollars will be required to develop the surface water storage reservoir. Because <br />Denver Water is a municipality there is no requirement to post a bond for the reclamation. A <br />letter, attached to Exhibit L addresses this issue in more detail. <br />If required, a temporary substitute supply plan for any ground water depletions caused by <br />evaporation during the transition from a mining pit to surface water storage will be <br />implemented with appropriate state agencies. <br />