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i r <br /> <br />March 3, 1988 <br />• III'I~'II'll"IIIII <br />Mined Land Reclamation Division <br />423 Centennial Building <br />1313 Sherman St. <br />Denver, CO 80203 <br />• <br />VALCO, INC. <br />CORPORATE OFFICE <br />P, 0. BOX 550 <br />ROCKY FORD, COLORADO 81067 <br />(303) 2547464 <br />RE: Succession of Operator on the Amendment Portion of Permit #M77-222 <br />pear Sirs <br />Valco, Inc., received a mining permit for their Rocky Food South Pit (M-77-222) <br />in Feb. of 1978, for 135.91 acres. <br />On January 22, 1986, Valco, Inc. received approved for an amendment to this <br />permit to add 11.5 acres. <br />H.L.M. Construction of Swink, CO and Valco, Inc., wish to enter into a lease <br />whereby H.L.P1. Construction will be the operator of the 11.5 acres that was <br />approved in the amendment. Mr. Steve Renner suggested ce use The Succession of <br />Operator Form which is attached and signed by both parties. <br />H.L.M. Construction has agreed to the $7882.35 financial warranty on this 11 1/2 <br />acres. When this succession of operator is approved Valco will expect a credit <br />of $7882.35 on their financial warranty. <br />Also attached is a Technical Revision pertaining to the direction H.L.M. will <br />mine this 11 1/2 acres. <br />Sincerely yours <br />ROCKY FORD CONCRETE DIVISION <br />~e~~ <br />General Manager <br />lp/sw <br />f~~~~d~~~;: <br />JUL 14 1988 <br />MINED I~tvU <br />R~CLAMATIC_1N QI°a151C~~ <br />LA MAR PUEBLO CANON CITY <br />GUNNISON CRESTED BUTTE <br />