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' ~ JUI'1 23 '94 05~57PM DIViMII~IERRLS&GEOLOGY <br />~. <br />• •A <br />MINED LAND RECl.AMA7roN DIVISION <br />Department of Natural Reaourtta <br />P.12i72 <br />t313 Shetmsn 51.. Room 215 __ ~- <br />oenver, CO 80203 <br />303 888.3567 <br />FAx: 3o3 837.8106 r <br />September 14, 1990 <br />{MAILED TO ATTACHED ADDRESSES) <br />Ray Romer. <br />Doremor <br />Fred q. 8anli, <br />Dlvismn DrtectOr <br />RE: Coal Gulch Mine (C-84-067), Board Decision to Declare Bond Forfeiture <br />Dear #*~***#: <br />On August 22, 1990 a formal pubilc hearing was held In which the Colorado <br />Mined land Reclamation Board voted to declare the performance bond for the <br />Coal Gulch Mine, in the amount of 3140,000, as forfeited. At this hearing <br />Greg Lewicki, a consultant representing Big River Minerals an Indiana <br />company, expressed this company's interest in possibly permitting and <br />reopening the mine. <br />Winter is approaching and, since the Division cannot begin reclamation of <br />the Coal Gulch mine until the Spring, there will be some delay in the <br />Division's making its claim of the reclamation bond, Should big River <br />Minerals wish to make sincere and timely efforts to proceed with <br />permitting the site during this interim, the opportunity exists for them <br />to do so. However, should significant environmental problems arise that <br />are not addressed, or if Hig River Minerals should decide not to proceed <br />with permitting the Division will immediately submit a draft on the letter <br />of credit. <br />Enclosed is the Board Order to require forfeiture of the performance bond <br />for the Coal Gulch Mine. It you have any questions, please feel free to <br />call me. <br />Sincerely, <br />Randall P. Price <br />Reclamation Specialist <br />RPP/rpp <br />cc: Dan Mathews <br />Jim Stevens <br />Enclosures <br />CERTIFIED MAIL NO. p d27 450 883, SUNWEST BANK <br />A 427 450 684, SAM ARNESS <br />P 427 450 885, DALE LARSEN <br />Return Receipt Requested <br /> <br />