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~ III IIIIIIIIIIIIIIII i <br />999 <br />STATE OF <br />DIVISION OF MINERALS AND GEOLOGY <br />Depanmem of Natural Resources <br />131 3 Sherman St., Room 21 5 <br />Denver, Colorado 80203 <br />Phone: 17031 B6G-3567 <br />FAX: p03I 8328106 <br />October 4, 1994 <br />Mr. John Hickman <br />Mr. Greg Lindsay <br />Western Mobile/Northern <br />1800 North Taft Hill Rd. <br />P. O. Box 2187 <br />Fort Collins, CO 80522 <br />COLO ~ • <br />~r~' <br />DEPARTMENT OI <br />NATURAL <br />RESOURCE' <br />Roy Romer <br />Governor <br />lames S. Lochhead <br />Eamlive Director <br />Michael B Long <br />Division Dueao~ <br />RE: Greeley Pit, Permit Nor•.M=77-036 - Financial Warranty Increase <br />Greeley West Pit, Permit No. M-77-081 - Financial Warranty <br />Increase <br />Dear Mr. Hickman and Mr. Lindsay: <br />On June 27, 1994 the Division received your letters dated June 27, <br />1994 concerning posting of the permit boundaries at the Greeley Pit <br />(35th Avenue) and recalculation of the reclamation bonds for both <br />the Greeley Pit and Greeley West Pit. The Division acknowledges <br />that permit boundary markers were erected at the Greeley Pit. In <br />addition, the Division has evaluated the recalculation of the <br />financial warranty amounts on both the Greeley Pit (M-77-036) and <br />the Greeley West Pit (M-77-081) and finds that the calculated <br />financial warranty increase is appropriate. For the Greeley Pit, <br />Permit No. M-77-036, you will need to submit an additional <br />$87,826.00 financial warranty to the Division to bring the total <br />financial warranty posted to $144,826.00. For the Greeley West <br />Pit, Permit No. M-77-081, you will need to submit an additional <br />$67,277.00 to the Division to bring the total financial warranty <br />posted to $78,727.00. <br />In accordance to Rule 4.2.1(2) of the Rules and Regulations of the <br />Mined Land Reclamation Board, and C.R.S. 34-32-117(4)(b) and (c) of <br />the Colorado Mined Land Reclamation Act, the operator shall have up <br />to sixty (60) days to post additional financial warranty from the <br />date of written notice from the Office of such insuffiency. <br />