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: <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherm,Fn 51.. Room 215 <br />Denver, CO 80203 <br />Phone: (303) 866-3567 <br />FAX:13031832-8106 <br />November 13, 1992 <br />i•1s. Elaine Wagner <br />First National Bank of Montrose <br />P.O. Box 1189 <br />Montrose, Colorado 81402 <br />Re: Salt Creek Mining Company, McClane idine, Permit No. C-80-004 <br />Dear hts. Wagner: <br />pF CO~p <br />Nc a+v +r O <br />~O <br />,. \. ~' <br />/8]6 <br />Foc Rnm er <br />f o~e~nm <br />Vichael B. loop <br />Division Direunr <br />Pursuant to John Walters letter to you dated November 9, 1992 and my telephone <br />conversation with your bank November 13, 1992, please find enclosed <br />Certificate of Deposit No. 7594 in the amount of E68,000.00 to be re-issued to <br />reflect the change in depositor of this certificate. <br />The new certificate shouid be issued in the amount of 568,000.00 and made <br />payable to the "State of Colorado/Mined Land Reclamation 3oard and U.S. <br />Government/OSMRE". It snould be set up on a one-year, automatically renewable <br />term. All interest accrued against this certificate should be paid directly <br />to Grand Valley Coal Company, 254 South Jefferson Street, Kittaning, <br />Pennsylvania 1fi201, Tax ID No. 25-1690010. <br />We will also need a statealent from your bank in reference to the new <br />certificate issued stating "Affiliated National Bank-i+lontro se hereby waives <br />all riyhts of setoff or liens which is nos or miyht have against Certificate <br />No. ." <br />If you have any questions, please give me a call. <br />Sincere.Jy, <br />Deborah L. Mulloy %~ <br />Staff Assistant <br />DLhI/dl m <br />Enclosure(s) <br />CERTIFIED h1AIL N0. P860 170 802 <br />Return Receipt Requested <br />cc: Mr. John Walters <br />Grand Valley Coal Company <br />Mr. Raymond Keith <br />Creek Mining <br />Janet Binns, DMG <br />5375E <br />• iii iiiiiiiiiiiiiiii <br />11~1n1 L. Ul ~Ln.JLU1~ !~ i~JU <br />