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~; <br />COT'T'ER CORPORATION <br />Western Slope Operations <br />~ z8l~lll ~~~~~~~~~~~~~~~~ <br />P.o. Box 700 <br />Nucla, CO 81424-0700 <br />~~~~~~~R <br />Phone (970) 864-7347 <br />Fax (970) 864-7287 <br />Receives <br />September 7, 1999 ~FCE)~ ~~~~.~~ ~1~E (;Q <br />~; ~~ .i 3 ~Jrs Sl~~.J <br />Mr. WallaceEricksq~,s~onot~`~nEta15&Gect~~n~~1~~,6f~; <br />Colorado Division of Minerals and Geology ~~,~ <br />484 Turner Drive, Building F, Suite ]Ol <br />Durango CO 8130] <br />Re: Permit No. M-77-310, JD-6 Mine, Technical Revision <br />Dear Mr. Erickson: <br />Sf P p 9 1998 <br />~Divlsq~ c ~ e ~~ s Geplp~, <br />. r <br />Cotter Corporation requests a Technical Revision for the above captioned permit regarding <br />compliance with Rule 4.2.1(8). <br />Cotter currently holds a $19,000 bond with Pacific Insurance Company (see attached) to satisfy <br />the Federal Department of Energy bonding requirements. The Division of Minerals and <br />Geology's revised reclamation cost estimation totals $15,886. Therefore, according to Rule 4.2.1 <br />(8) "When mining on federal land and the federal land management agency requires that a <br />Financial Warranty be posted with their agency, the amount of Financial Warranty posted with the <br />state shall be the difference between the amount required to be posted by the federal land <br />management agency, and the amount required by the Mined Land Reclamation Board. In no <br />event shall the amount of Financial Warranty posted with the state be less than $100. <br />Upon approval of Technical Revision Cotter Corporation will post a $100 cash bond assigned to <br />the Board. In addition, Cotter Corporation commits that in the event the federal land <br />management agency reduces the Financial Warranty, the Operator must post an acceptable <br />replacement Warranty with the state prior to any release by the federal land management agency. <br />The replacement Warranty shall be sufficient to cover the cos[ of reclamation liability unless the <br />state conducts an inspection and concurs with the federal land management agency finding. <br />If you have any questions, please contact Dave Diss at 970-864-7347. <br />Sincerely, <br />COTTER CORPORATION <br />Williams <br />Manager Western Slope Operations <br />GW/dld <br />Itchrcv6.dd <br />cc: Dave Mungcr <br /> <br />