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~J <br />MINED LAND RECLAMATION DIVISION <br />Department of Natural gesources <br />1313 Sherman SI., Room 215 <br />Denver. CO 80203 <br />303 8663567 <br />FA%.303 832-8106 <br />October 30, 1991 <br />Mr. Don Peach, Planning Director <br />Town of Rangely <br />209 East Main Street <br />Rangely, Colorado 81648 <br />RE: Deserado Mine Performance Bond Reduction (C-S1-018) <br />Dear Mr. Peach: <br />The Colorado Mined Land Reclamation Division has granted a <br />reduction in the required performance bond for the Deserado <br />Mine, operated by Western Fuels-Utah, Incorporated. The <br />reduction is based on revised calculations of reclamation costs <br />which reflect the elimination of night shifts in the reclamation <br />work, thereby increasing the efficiency of the project. <br />The performance bond currently held by the Division for the <br />Deserado Mine is 36,719,541.00. As a result of the Division's <br />decision to reduce the required performance bond, Western Fuels- <br />Utah, Incorporated is now required to post a bond of <br />$5,260,628.00. <br />Sincerely, <br />~it~n, ac C r~c~~.4~~~~-._ <br />Susan L Morrison <br />Physical Scientist <br />SLM/eke <br />STATE~F COLORADO <br />pF Cpl <br />~ :)~7 ~ <br />•~,~ . <br />/B96 ~ <br />Roy Romer. <br />Governor <br />Fretl R. Banta, <br />Orvision D~rectar <br />9939E <br />