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• <br />iiiiiiiiiiiiiiuhi ~ <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Na[ural Resources <br />1313 Sherman 51., Room 215 <br />Denver, Colorado 80203 <br />Phone: 1303) 8663567 <br />FA%: 13031 832-8106 <br />January 2, 1998 <br />U~rJV~~ OFFICE <br />PU~~aI~ FILE C®PY <br />R~C~IV~D FILL: l',t-8i-Z2-o <br />,IAN 071996 SITE: Va V iSt<~ ~'~ <br />Mr. Alan Parkerson Division 01 ~•„P,~fL15 ~. ~:~J~D^/ <br />Parkerson Construction, Inc. <br />710 South 15th Street <br />Grand Junction CO 81501 <br />~~ <br />DEPARTMENT OF <br />NATURAL <br />RESOURCES <br />Roy Romer <br />Gorernor <br />lames 5. Lochhead <br />Executive Director <br />Michael B. Long <br />Division DveUOr <br />Re: Valley Vista Pit, Permit No. M-81-229, Amendment AM-1, Bond Increase Associated <br />with Reclamation Costs of Additional Road Corridor. <br />Dear Mr. Parkerson, <br />As I mentioned in my last letter to you, dated 12/30/97, the additional land area involved with this <br />amendment, a portion of which must be reclaimed, requires additional bond to be posted. I was <br />expecting the additional amount to be approximately $3500.00, but detailed calculations show the <br />increase to be smaller. <br />As you will see in the attached packet of cost forms, the additional land area to be covered in this <br />increase is 1.51 acres, which is less than the total 3.46 acres of the amendment. This is explained <br />by the following facts: not all of the acreage in the road corridor will be reclaimed, some will <br />remain paved; and 1.03 acres of abandoned road corridor is already covered by the existing bond, <br />and it is not to be bonded twice. <br />In the attached packet of reclamation cost forms are figures which partly repeat the unit costs <br />recently. derived for the rest of the permit area, but based on the new area only, and others which <br />are not contained in previous recalculations. The "new" task numbers match the existing ones, <br />but denote the additional road area with a "Rd" after the task number. <br />The total increase in bond associated with this amendment is estimated to be $3,095. Please <br />review the figures, and if there are questions about my unit costs or acreages upon which this is <br />based, please contact me. <br />The bond increase maybe submitted as a $3,095 rider to the existing corporate surety, or a <br />completely new bond in the amount of $53,127. If you need any forms for the increased financial <br />warranty, you may contact me at the address or phone below, or contact the Denver office (see <br />letterhead) directly. My office is: <br />