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STATE OF COLORADO <br />DIVISION OF RECLAMA710N, MINING AND SAFETY <br />Department of Natural Rewurces <br />7313 Sherman S[., Room 215 <br />Denver, Colorado 80203 <br />Phone: 1303) 8663567 <br />FAX: (303) 832-8106 <br />February 20, 2007 <br />Mr. Jerry Ritchey <br />Ritcheys' Redi-Mix Concrete, Inc. <br />509 S Idlewild St <br />Yuma, CO 80759 <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />- &- <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />Hartis D. Sherman <br />Executive Director <br />Ronald W. Caltany <br />Division Director <br />Naturzl Resource Trustee <br />Re: File No. M-2007-001, Corliss Sand Pit,110c Decision Letter -Financial & Performance <br />Warranty Request -Construction Material Operation, Class: Permit <br />Dear Mr. Ritchey: <br />On February 12, 2007, the Division of Reclamation, Mining and Safety approved your 110c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $16,600,00. (Please see attached reclamation <br />cost estimate). You must submit a financial warranty in this amount and a performance warranty in order for us to issue a <br />permit. ht 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 waranty form with this letter far your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AEQ.i; RECEIPT' OF YOUR FINANCIAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me at (303) 866.4921. <br />Sincerely, <br />Thomas A. Schreiner <br />Environmental Protection Specialist <br />Enclosure <br />cc: Randy Schafer, Randy Schafer <br />Elizabeth Shelton, DRMS <br />Carl Mount, DRMS <br />Office of Office of <br />Mined Land Reclamation Denver Grand Junction Durango Active and Inactive Mines <br />