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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 D t v t 5 1 o N O F <br />Phone: (303) 866-3567 MINERAL $ <br />FAX: (303)832-8106 & <br /> GEOLOGY <br /> RECLAMATION <br />)-',ebNaCy 2,~, 2003 MINING • 5 A F E T Y <br />Mc Steve Melvick Biii Owens <br />Governor <br />Stone Cliff Investments, LLC Greg E. Walther <br />P.O. BOx 62052 Executive Director <br />Colorado Springs, <br />CO 80962 Ronald W. Cattany <br />. Division Director <br />Re: File No. M-2003-002, Ghost River Gravel Pit, 110c Decision Letter -Financial and. Performance <br />Warranty Request -Construction Material Operation <br />Deaz Mr. Melvick: <br />On February 26, 2003, the Division of Minerals and Geology approved your 110c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $15,000.00. You must submit a financial <br />warranty in this amount and a performance warranty in order for us to issue a permit. In the event you have . <br />requested a financial warranty fom1, we have enclosed it in this letter. If you have not, please select a type of <br />financial warranty from Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. <br />We have enclosed a performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS <br />BEEN ISSUED BY THE DIVISION AETFR RECEH'T OF YOUR FINANCIAL WARRANTY AND <br />PERFORMANCE WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE <br />ADEQUACY OF BOTH YOUR FINANCIAL WARRANTY AND PERFORMANCE WARRANTY, <br />If you have any questions, please contact me. <br />Sincerely, <br />Anthony J. Waldron <br />Environmental Protection Specialist <br />Enclosure <br />cc: ]oe Gagliano, LJ Development, Inc. <br />M:WSS\Tdd\TF.MI'\M-AP-18_M2003002_A1W 20030227_72725 PM.doc <br />