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CO"R CORPORATION <br /> 700 <br /> Western Slope Operations ..u. Box 347 <br /> P P Phone 864-7347 <br /> Nucla, CO 81424-0700 Fax (970) 864-7287 <br /> `�il'��M-� : OOPX. FEB 9 e 0 2Qp <br /> )~ Iwsion of Mire <br /> February 1, 2000 �'��;:> �fs� nerals6Geology 0 <br /> )%4"c aNisa ofngo F,- pg• <br /> Mr. Wallace Erickson 4trw M'nefalsa �e <br /> Colorado Division of Minerals and Geology r A GOO <br /> 701 Camino Del Rio, Room 125 <br /> Durango, CO 81301 <br /> Re : Permit # M-77-451, Ike No. 1 (SR-11) <br /> Financial Warranty Adjustment <br /> Dear Mr. Erickson: <br /> On January 20, 2000, Cotter Corporation received your letter <br /> approving Technical Revision 01 (TR-01) to the Ike #1 Mine . <br /> The documents submitted to the Division for TR-01 stated that the <br /> current DOE bond amount was $15, 000 . DOE has since reduced the <br /> bonding requirements for the above captioned property to $8, 000; <br /> please see attachments. Consequently, to satisfy the current DMG <br /> financial warranty of $17, 718, the bond should should be <br /> increased from $2, 718 to $9, 718 . <br /> If you have any questions, please call me at 970-864-7347 . <br /> I <br /> Sincerely, <br /> COTTER CORPORATION <br /> Dave Diss <br /> Environmental Tech II <br /> DD/tlt <br /> dmgbnd11.dd <br /> cc: Dave Munger <br />