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O <br />FLATt RON~ <br />COMPaNlfS <br />• iiiiiuiiiiiiiiiiii <br />999 <br />WALDEN COAL COMPANY <br />POS7 OFFICE BOX 229. BOULDER. COLORADO 80.?O6 <br />PHONE. (303/ 4442157 <br />May 12, 1989 <br />Mr. Dick Zadina <br />Union Pacific Railroad <br />1416 Dodge Street, Rm. 1100 <br />Omaha, Nebraska 68179 <br />Dear Mr. Zadina: <br />I am writing this letter to inform you of Walden Coal <br />Company's intention to request Phase I bond release for the <br />Bourg Mine and Northgate loadout facility in Jackson County, <br />Colorado. Phase I covers the release of bonding liability for <br />backfilling and regrading activities and the final <br />establishment of drainage control all of which were completed <br />at the Bourg property during the Fall of 1988. <br />If you have any questions or require any further <br />information on this procedure, please do not hesitate to <br />contact me. <br />Sincerely, <br />Kay Ja~rtes~ <br />Vice President <br />