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' J. E STOVER & ASSOCIAZ~5 <br />2768 COMPASS DRI17E, SUITE 101 <br />GRAND JUNCTION, COLORADO 81506 <br />PHONE: (303) 245-4101, FAx 242-7908 <br />NINB ENGINEERING <br />NINE RECLAMATION <br />July 8, 1993 <br />S. S. Shuey <br />Division of Minerals and Geology <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 <br />Re: Somerset Mining Company <br />Technical Revision No. 13 <br />Reclamation Bond Calculations <br />Permit C-81-022 <br />Dear Mr. Shuey: <br />III IIIIIIIIIIIIIIII <br />sss <br />CIVIL ENGINEERING <br />CONSTRUCTION MANAGEMENT <br />FtE~:%~ IvF~ <br />,1U~ 121993 <br /> <br />The Division's letter dated June 11, 1993 transmitted the proposed <br />decision for technical revision No. 13. Since procedures for structural <br />demolition cost estimation were different than those normally employed <br />by the Division, additional items were requested before the Division <br />would accept the cost estimate. The following is a partial reply to the <br />request: <br />1. An insurance certificate was issued to the DMG for the items <br />utilized for salvage. The Division should have received the <br />insurance certificate. <br />2. A title policy in the amount of $100,000 hae been ordered from the <br />Gunnison County Abstract Company, Cindy - 691-0710. <br />3. A U.C.C. Search was performed for Somerset Mining Company for the <br />dates 1/1/89 thru 6/28/93. The search identified one item, a <br />security interest in a Joy Continuous Miner. Enclosed is memo from <br />the Gunnison County Clerk & Recorder which verifies the search was <br />performed. <br />4. Enclosed is a copy of the uniform commercial code financing <br />statement that Somerset proposes to utilize to award first secured <br />lien to the salvageable facilities to the DMG. The UCC-1 form has <br />an attachment, Exhibit A, that lists the salvageable facilities and <br />includes a map that shows the location of the facilities. Please <br />let me know if this form is acceptable to the DMG. <br />Please let me know if you have any questions. <br />Sincerely, <br />Jimm Stove~~. <br />Consulting Engineer <br />cc: Mike Smith <br />Walter Wright <br />