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III IIIIIIIIIiIiI III <br /> STATE OF COLORADO <br /> DIVISION OF MINERALS AND GEOLOGY <br /> Depanmenl of Natural Resources <br /> 1313 Sherman St.,Room 215 <br /> Denver,Colorado 80203 <br /> Phone:(303)866-3567 . <br /> FAX:(303)832-8106 <br /> DEPARTMENT a s <br /> June 18, 1997 NATURAL : <br /> RESOURCE!' <br /> Mr. Robert Delaney <br /> Roy Romer <br /> Vice President Governor <br /> Mid-Continent Resources, Inc. lames S.Lochhead <br /> P. O. Drawer 790 <br /> Eattutive Dneao, <br /> Glenwood Springs, CO 81602 Michael 8.Long <br /> Division Di <br /> Certificate of Deposit No. 394311212416, Mid-Continent Limestone Quarry, Permit <br /> No. M-82-121 <br /> Dear Mr. Delaney: <br /> On May 27, 1997, the Division of Minerals and Geology received your Financial <br /> Warranty/Certificate of Deposit No. 394311212416, in the amount of $6,213 .00. The <br /> Division is returning the original Financial Warranty/Certificate of Deposit, the <br /> Certificate of Deposit Agreement a, Receipt, and the Signature Card for the following <br /> reasons : <br /> Financial Warranty/Certificate of Deposit form: The Division cannot accept <br /> Financial Warranty forms that have been faxed. Please find enclosed a new <br /> FW/CD form for you to execute. Please be sure that you affix your Corporate <br /> Seal on Page 5 (as indicated by yellow highlighted area) and the Assignment <br /> Form attached must be executed by Mid-Continent and your bank. This form was <br /> not done in your original submittal . <br /> Certificate of Deposit: The copy of the Certificate of Deposit Agreement rti <br /> Receipt indicated that the CD is improperly set-up. I'spoke with the bank and <br /> this was confirmed. Please have your bank redo the CD and Signature Card <br /> following the instructions which are enclosed. <br /> Please make the requested corrections to the Financial Warranty, the CD, and the <br /> Signature Card and then return all documents to the Division for processing. <br /> If you or the Bank have any questions, please do not hesitate to call . <br /> Sincerely, <br /> ,�. Cklv/w <br /> Barbara D. Chiappone <br /> Minerals Division Program Assistant II <br /> Enclosures <br /> CERTIFIED MAIL NO. Z 163 088 338 <br /> Return Receipt Requested <br />