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<br />STATE OF COLORADO <br />Roy Romer, Governor <br />DEPARTMENT OF NATURAL RESOURCES <br />MINED LAND RECLAMATION DIVISION <br />FRED R. BANTA, Director <br />January 22, 1988 <br />Mr. R. D. Von Engeln <br />Fountain Colony Investment Co. <br />1080 Broadview Place <br />Colorado Springs, CO 80904 <br />Re: File No. M-87-171 ,Fountain Colony Pit, APPROVED Decision Letter - <br />Financial and Performance Warranty Request <br />Dear Mr. Van Engeln: <br />On January 21, 1988, the Mined Land Reclamation Board approved your 112 mining <br />permit application. <br />The amount of financial warranty set by the Board for this operation is <br />E51,000.00. You must submit a financial warranty in this amount and a <br />performance warranty in order for us to issue a permit. In the event you have <br />requested a financial warranty form, we have enclosed it in this letter. If <br />you have not, please select a type of financial warranty from Rule 7.4. Then <br />contact us so that we can provide you with the appropriate warranty form. We <br />have enclosed a performance warranty form with this letter for your use. <br />PLEASE NOTE THAT. MI NING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND <br />PERFORMANCE WARRANTY. <br />If you have any questions, please contact me. <br />Sincerely, ~~ <br />Steven G. Renner / <br />Reclamation Specialist <br />Enclosure <br />cc: Manic A. Heifner <br />6180G <br />423 Centennial Building, 1313 Sherman Street Denver, Colorado 80203-2273 Tel. (303) 866-3587 <br />