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PARCEL, MAURO, HULTIN & SPAANSTRA, P.G. <br />Mr. Fred Banta <br />February 5, 1990 <br />Page Two <br />topography maps as described above. Rockcastle previously <br />submitted a vegetation study conducted by IMS, Inc. to the Colorado <br />Mined Land Reclamation Division ("CMLRD"). Rockcastle feels that <br />this study indicates that revegetation has been successfully <br />reestablished at the site, particularly when considering the time <br />of the season the study was conducted and grazing of the site. <br />Rockcastle will submit a complete bond release package as required <br />by the stipulation by June 1, 1990 or as soon thereafter as as- <br />built post-mining topography maps are available. Rockcastle may <br />submit appropriate bond release requests for pits 1, 5 and 6 <br />pending review of the as-built drawings of the post-mining <br />topography. <br />BTIPIILATION 7 <br />To date Rockcastle has been unsuccessful in obtaining <br />additional finances necessary to meet the revised bond amount of <br />$572,000. Consequently, Rockcastle requests that it be given until <br />April 10, 1990 to obtain the necessary financing. <br />Rockcastle will continue to cooperate with MLRD to promptly <br />resolve remaining concerns related to the stipulations. In order <br />expedite the resolution of the remaining issues, Rockcastle <br />proposes a meeting between CMLRD and Rockcastle's representatives <br />and attorneys on either March 1 or 2, 1990. Rockcastle would also <br />like to discuss permit renewal issues at the meeting. <br />Please contact me at your earliest convenience if you have any <br />questions or comments regarding the content of this letter or to <br />set a meeting time. <br />Sincerely, <br />cc: Mark Korb <br />David MacDougall <br />Mike Long <br />P EL, MIIAURO, HULTIN & SPAANSTRA, P. C. <br />b~ <br />Dean R. asses <br />Brent C. Anderson <br />Attorneys for Rockcastle Coal Company <br />\1947\bca1t.00i <br />