2006-06-09_REVISION - M1998019 ‎(2)‎

• Permit No: M1998019
• IBM Index Class Name: Revision
• Doc Date: 6/9/2006
• Doc Name: Financial Warranty Increase
• From: DMG rmw
• To: Grand Gravel
• Type & Sequence: SI1
• Media Type: D
• Archive: No

STATE OF COLORADO
DIVISION OF MINERALS AND
Department of Natural Resources
7313 Sherman St., Room 215
Denver, Caforado 80203
Phone: (303) B6fr3567
FAx: (303) 832A106
June 9, 2006 1~
Mr. Richazd Curry
Grand Gravel /
P.O. Box 566
Hotchkiss, CO 81419
~ SI~6l
1tE: Grand Gravel Pit; Permit No. M-1998-019 Finaneial Warranty I~ ease
Deaz Mr. Curry,
RADO
O N O F
RALS
GEOLOGY
xEC LANATIO N•NINING
EAfETY•f CIENCE
Bill Owens
Governor
R~ESeu George
Executive DinxTOr
Ronald W. Catrany
Divuior DirEC[or
NaNal Resource Trustee
Based on the phone conversations I had with you and Marilyn on June 6 and 7, 2006 regazding your intention to
mine gravel from the Grand Gravel Pit at 3:1 (H:V) slopes, I have recalculated the required bond. The previous
bond that I calculated in the amount of $43,681.00 was based on mining with a high wall. The bond calculated
based on mining at 3:1 slopes amounts to $29,333.00.
The Division currently holds a bond in the amount of $19,406.00. However, based on the current site conditions
and the approved mining plan, the Division calculated that a bond in the amount of $29,333.00 would be necessary
to reclaim the current disturbance to apost-mining land use of rangeland.
According to Rule 4.2.1(1) and (2), the Division may review a financial warranty at any time to determine if the
amount is sufficient to perform reclamation. The result of the recalculation indicates that the site is currently
underbonded. This letter is to inform you that your financial warranty will need to be revised from its current
amount of $19,406.00 to $29,333.00 within 60 days of receipt of this letter. A copy of calculations used to
determine this cost is attached for your review. The operator has three options regazding the amount of required
bond;
1. submit additional financial warranty in the amount of $9,927,00, or
2. perform some reclamation on the site to reduce the reclamation liability
One of the two options must be completed by August 12, 2006. Failure to do so may be considered a violation of
the Construction Material Rules and Regulations. If you have any questions about this process or haw the bond
was calculated, please contact me at [phone].
Sincerely,
Richard M. Wenzel III, P.E., P.G.
Environmental Protection Specialist
cc: Carl Mount, DMG
Enclosure(s)
Certified Mail # 7004 1350 0001 1636 7954
Office of C~ce of Colorado
Mined land Reelamation Active and Inactive Mines Geological Survey