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• ANNUAL REPORT <br />Permit No: M-85-212 <br />Operation Name: Arkins Park Quarries <br />Map S>.mmiry: There have been no changes to the map on file with the Division of erals and Geology. <br />Cvrent Disturbances: There have been no significant changes to the current di ces reflected on the <br />ntsps on file with the Division of Minerals and Geology. <br />New Disturbances for the Upcoming Year: We do not anticipate significantly v 'ng our currently <br />disturbed areas beyond what we have previously mapped for the Division of Minerals and logy. As of the <br />date of this report, there are no plans to open-up any new quarrying areas on the lands co aired under this <br />permit. <br />Reclamation Accomplished To Date and During the Preceding Year: <br />To Date: All reclamation "to date" has been reported to, and is in the flies of, th~ Division of <br />Minerals and Geology. <br />During the Preceding Year: The quarries in Loveland aze being mined on a~ on-going basis and <br />we did not actively reclaim the areas last year. To do so would have been a waste of valu ble reclamation <br />resources and time. <br />Many of the areas in the Loveland quarries have, over the years, spontaneously re aimed themselves <br />without any active reclamation on our part. As Mother Nature takes its course and trees d native vegetation <br />re-seeds itself into disturbed areas, the trees, plants and grasses aze encowaged to grow d we try not to disturb <br />anything we don't have to. <br />Reclamation Planned During the Coming Year: At this time, very limited recl ation is anticipated <br />to occur for these quarries in the coming yeaz. As stated above, these quames are mined n a continual basis. <br />Any reclamation that is undertaken in the next year will most likely be for ground stabiliza ion within and <br />among the quarries rather than final reclamation. <br />In accordance with our permit, reclamation will occur in stages as the quames are epleted. It is <br />difficult, however, to determine a timetable for the actual depletion of an area or part of area in our quarries. <br />Operations Status: We operate the Loveland quarries on a full-time basis. Operatio sin these quarties aze <br />continuous during fair weather, when the area can be typically found without frost, ice, m ch precipitation, <br />extremely low temperatures or high winds. Therefore, we have no concrete beginning or essation dates to <br />report. <br />Sufficiency of Financial Warranty: Our reclamation bond is guaranteed by an irr vocable letter of <br />credit from the Berthoud National Bank, Berthoud, Colorado, and on file with the Divisi of Minerals and <br />Geology, acknowledging the liability at $50,000.00 We beheve at this time that this is a s fficient value. <br />Please be advised that late in 1998 we sold the portion of our pe tted property known <br />as Arkins Park North, consisting of 23.7 acres, with the legal description of. that portion f the SE 1/4 of the <br />NE1/4 of Section 22, Township 6 North, Range 70 West of the 6's P.M. The purchaser, arter Lake <br />Enterprises, is in the process of converting their 110 permit to a 112 permit in order to in Jude this property in <br />their permit. Upon their successful conversion, we will apply for a release of reclamation esponsibility for <br />nnrtinn of rn~r nPnnit <br />