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ENVIRONMENT, INC. • • PAGE 3 <br />DELTA SAND AND GRAVEL <br />SPRING CREEK PIT -PERMIT NO. M-94097 <br />INDIRECT COSTS AND DMG ADMINISTRATION COSTS, I used the same percentages you used <br />based on the TASx cost changes as noted above. These were smaller because of the reduced <br />COStS In the TOTAL DIRECT RECLAMATION COST ANALYSIS. <br />CONCLUSION <br />After our discussion above and re-calculation of the bond based on the numbers we <br />fmd the bond amount should actually be lowered by approximately $750. We are willing to <br />leave the bond at its current amomit to avoid changing and submitting a new Corporate <br />Surety especially after it was increased in April 1996. This will save the Division time and <br />avoid additional work for our insurance company who issued the bond. <br />If you have any questions please call me at (303) 423-7297. <br />Sincerely, <br />Environment, Inc. <br />Stevan L. O'Brian <br />Vice President <br />cc: Delta Sand and Gravel Co. <br />File <br />enclosure <br />