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,; ~ :) i <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., ROOnI 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303)832-8106 <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />REC IA NATION <br />MINING•SA FETY <br /> Bill Owens <br />- Governor <br />AOgUS[ 9, 2001 Greg E. Walther <br /> Executive Director <br />Mr. Michael J. Haz[ Micnaei B. tong <br /> Divi:ion Director <br />Hazt Environmental <br />2255 Meadow Avenue <br />P.O. Box 1303 <br />Boulc)dr, CO 80306 <br />RE: S-4 Sand Pit (Permit M-1979-189) Notice of adjustment in financial warranty(CORRECTED VERSION) <br />Deaz Mr. Hart: <br />The Offtce approved Technical Revision 2 on August 9, 2001. Notice of [hat approval will be made under separate cover. <br />This letter is intended [o serve as notice, pursuant to C.R.S. 34-32.5-117(4), that the current financial warranty posted for the S-4 Sand <br />Pit is considered insufficient [o complete the reclamation, as now approved under Technical Revision 2, of the mining related <br />disturbance described in that permit revision. - <br />Enclosed with this letter is the Office's estimate of the cost of reclaiming the site. That estimate totals $114, 850.00. Since [he <br />currently posted financial warranty for the site totals $40,000.00, it will be necessary for your client, i.e. Rio Grande Co. dba as <br />Superior Sand and Gravel, as operator of the S-4 Sand Pit, to furnish a replacement financial warranty totaling $114,850.00 or an <br />additional $74,850.00 (CORRECTED FIGURE) within 60 days of the date of this notice, i.e. by October 8, 2001. <br />The assumptions made by the Office in reaching the $114, 850.00 reclamation cost estimate were lazgely described in [he Office's <br />letter of July 31, 200], a copy of which is also enclosed. As you will note, the only revisions subsequently made in that eaziier <br />estimate were to include your figure for the cost of demolishing the permanent structures on-site and your estimate of the cost of three <br />years of weed convol. Please refer to the enclosed letter of July 31, 2001 for any other details. <br />If you have any questions on the above, please contact me. <br />Si1ncerely, <br />James C. Stevens <br />Enclosures <br />cc: Brent Brockemeier <br />Certified Mail No.: ?OOD /(070 DODO O(0~ ~G~~ <br />Return Receipt Requested <br />