Laserfiche WebLink
STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Departmem o(NaWral Resources <br />1313 Sherman SI., Room 215 <br />Denver, Colorado 80203 <br />Phone: f303) 866-3567 <br />FAx:(3031832-8106 <br />~~ww, n'CD <br />April 17, 2002 <br />Sandra Pautsky <br />Oakridge Energy, [nc. <br />4613 Jacksboro Highway <br />Wichita Falls, TX 76301 <br />Re: Carbon Junction Mine, Permit No. C-1992-080 <br />Notice of Cancellation of Letter of Credit No. 14418 in the Amount of $816,526.00 <br />Deaz Ms. Pautsky: <br />~~ <br />DIVISION O <br />MINERAL. <br />GEOLOG' <br />0.ECLAMATIOr <br />MINING•SAFET' <br />B~II Owens <br />Governor <br />Greg E. Walther <br />Executive Director <br />Michael 8. Long <br />Division Director <br />The Bank One, NA has notified the Division of Minerals and Geology of the cancellation of Letter <br />of Credit No. 14418 for $816,526.00, effective July 28, 2002. Thirty (30) days prior to this <br />expiration date, you must submit a substitute reclamation bond for $816,526.00. <br />Enclosed is a Coal Reclamation Bond for Use with Letter of Credit and sample Irrevocable Letter of <br />Credit form. Please execute these forms and return them to this office 30 days prior to the <br />cancellation date. If the executed forms have not been received by June 28, 2002, the Division <br />Duector will draw on this letter of credit and the amount drawn will be held as a cash deposit in lieu <br />of fmancial warranty, as provided in applicable Colorado statutes governing mined land <br />reclamation. <br />If you wish to use a different method of posting the required reclamation bond, please notify this <br />office for the appropriate forms, or call if you have any questions. <br />Sincerely, <br />v `-'^'~~ <br />Johanna R. Cramer <br />Program Assistant II <br />JRC/Jrc <br />cc: Harry Ranney, DMG <br />C-BD-03 CI99?080 HBR 20070417 175078 Prt <br />