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• f III 'II'I999 "II'II <br /> N(KIIi:R • POWER iASURAA4S <br /> February 25, 1977 <br /> Mr. Mark A. Heifner <br /> Land Reclamaticn <br /> 615 Centennial Bldg. - �1 <br /> 1313 shaman st. <br /> Demrer, Colorado 80203 <br /> RE: Corn Construction Co. <br /> Bond #8057-19-80 <br /> Dear Mr. Heifner: <br /> Miss Mary Nieters has forwarded your letter of February <br /> 1977 concerning canoellatim of the above bond. <br /> The bond was reissued under the 1976 Act under bond <br /> Number 541103 with Gulf Insurance Ccnpany. The 1976 Act <br /> requires a new bond if a bond is cancelled, but makes no <br /> reference to limiting exposure to existing circumstances, <br /> as did the 1973 Act. The 1976 Act also repeals the 1973 Act. <br /> It appears to me that there should be no reason for not allowing <br /> cancellation of the Federal Insurance Canpany bond. If this is <br /> not correct, please have the Assistant Attorney General give us <br /> the basis for the opinion. <br /> Y very truly. <br /> Rawd C. Beckner <br /> RCB/jc <br /> CC: Mary Nieters, Federal Insurance Company <br /> Denver, Colorado <br /> 444 NORTH FIRST • GRAND JUNCTION, COLORADO 81501 - POST OFFICE BOX 1329 TELEPHONE 303 242-6136 <br />