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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />~~~~~ ~i <br />COLORADO <br />D I M S ION O F <br />RECLAMATION <br />MINING <br />- Sz - <br />SAF ETY <br />Bill Ritter, Jr. <br />Governor <br />MAR ~ ~ 200 Harris D. Sherman <br />~\ Executive Director <br />March 24, 2008 S~ ~0 <br />®ivision of Reclamation, Ronald W. Cattany <br />Mining and Safety Division Director <br />Edward Settle Natural Resource Trustee <br />Grand Junction Pipe and `,iupply <br />P.O. Box 1849 <br />Grand Junction, CO 8150:2 / <br />Re: 23 Road Pit, Permit No. M -1979 - 089, Re%lamation Costs Update and Notice of Surety Increase. <br />Dear Mr. Settle: <br />In an effort to ensure the financial warranty remains adequate to reclaim this site per the requirements of the approved <br />reclamation plan, DRMS has updated the reclamation cost estimate (copy enclosed). Therefore, pursuant to Section 34 <br />-32.5-117(4) of the Collorado Land Reclamation Act, adequate financial warranty must be submitted to the <br />DRMS within 60 days oil the mailing date of this report. The increase needs to be accepted prior to 5/23/2008. Please <br />review the enclosed figurers as soon as possible and contact our office if any calculation errors are noted. <br />Staff calculations estimate the cost to reclaim the site to be $242,439.00, rounded up to $242,500.00. This is an increase <br />of $29,011.00 over the $213,489.00 currently held by the Division. <br />The estimate is based ort current conditions observed during the March 13, 2008 inspection. If you need additional <br />information, please contact me at the Division of Reclamation, Mining and Safety, Grand Junction Field Office, 101 S. <br />3rd Street, Suite 301, Grand Junction, Colorado 81501, telephone no. 970.623.5596. <br />Sincerely, <br />~~ <br />--~-~L^ <br />Travis Marshall <br />EPS I, Grand Junction Field Office <br />Cc: Carl Mount, Senior Environmental Protection Specialist, North Team Supervisor. <br />Office of Office of <br />Mined Land Reclamation Denver Grand Junction Durango Active and Inactive Mines <br />