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e s c c r-, s <br />5TA`FE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 8663567 <br />FAX: (303) 832-8106 <br />September 13, 2006 V <br />Mr. Richard Coulson <br />Coulson Excavating Co., Inc. <br />3609 N CR 13 <br />Loveland CO 80538 <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />- &- <br />SAFETY <br />Bill Owens <br />Governor <br />Russell George <br />Ezecutive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />Re: File No. M-2005-033, Gardels Pit, 112c Decision Letter -Financial and Performance Warranty Request - <br />Construction Material Operation <br />Deaz Mr. Coulson: <br />On September 12, 2006, the Division of Reclamation, Mining and Safety approved your 112c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $291,800.00. Please see attached estimate for <br />further detail. You must submit a financial warranty in this amotmt and a performance wazranty in order for us to issue a <br />permit. In the event you have requested a financial warranty form, we have enclosed it in this letter. If you have not, <br />please select a type of financial warranty from Rule 4.3. Then contact us so that we can provide you with the appropriate <br />warranty form. We have enclosed a performance warranty form with this letter For your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTII. A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WII.L NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCLAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me at (303) 866-4943. <br />Sin ly, . <br />~~~ ~~~ <br />Erica S. Crosby <br />Environmental Protection Sp ciali <br />Enclosure <br />cc: Peter Wayland, Weiland, Inc. <br />Cazl Mount, DRMS <br />Elizabeth Shelton, DRMS <br />Office of Office of <br />Mined Land Reclamation Active and Inactive Mines <br />