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~Y <br />HALL-=F~WIN <br />C O R P O R A T I O N <br />301 Centennial Drive, Milliken, CO 80543 <br />Phone: (970) 352-6057 Fax: (970) 352-6284 <br />January 14, 2008 <br />Mr. Allen C. Sorenson <br />Reclamation Specialist <br />Division of Reclamation, Mining and Safety <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />VIA CERTIFIED MAIL <br />RETURN RECEIPT REQUESTED <br />Subject: Heit Sand and Gravel Pit, Permit No. M-2003-016 <br />Release of Performance and Financial Warranties for Mining Operations <br />Dear Mr. Sorenson: <br />Hall-Irwin Corporation (operator), on behalf of SW Chambers, LLC (permit holder), <br />respectfully requests Release of Reclamation Responsibilities as per Section 4.17.1 of the <br />Construction Materials Rule 4 (pages 107 & 108). <br />Hall-Irwin is confident that any and all requirements have been completed with respect <br />to the Affected Lands. <br />Owners of Record on the Affected Lands are as follows: <br />SW Chambers, LLC <br />333 West Hampden Avenue, Suite 810 <br />Englewood, CO 80110 <br />Please reduce current bond amount of $1,050,152.00 to zero immediately. Upon notice <br />of reduction, SW Chambers, LLC and Pioneer Sand & Gravel (mining lessee) will replace <br />with a bond in the amount of 20°/O of current bond value. This will remove Hall-Irwin <br />Corporation from any and all additional financial responsibilities. <br />Page 1 of 3 <br />