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STATE OF COLORADO <br />DIVISION OE 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 />Apri14, 2008 <br />William Bear <br />Bowie Resources, LLC <br />P.O. Box 1488 <br />Paonia, CO 81428 <br />Re: Bowie No. 1 Mine (Permit No. C-1981-038) <br />Bond Release Application No. 3 (SL-3) <br />Dear Mr. Bear: <br />COLORADO <br />DIVISION O F <br />RECLAMATION <br />MINING <br />- ~t- <br />SAF ETY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />In accordance with Rule 3.03.2(5)(b) of the Rules and Regulations of the Colorado Mined Land <br />Reclamation Board for Coal Mining (Rules), you are hereby notified that the Division's decision to <br />Approve Bond Release Application No. 3 for the Bowie No. 1 Mine became final on March 31, 2008. <br />No requests for an adjudicatory hearing on our proposed decision were received. <br />Bond Release No. 3 reduces your reclamation liability by $1,136,354.00. The current liability is now <br />$4,620,253.00. However, when Permit Renewal No. 5 is issued, the bond liability will increase by <br />$4,683 to a total of $4,624,936.00. If you choose to reduce or replace your existing bond, it must equal <br />or exceed $4,624,936.00. The Division suggests you provide a copy of this letter, the OSM <br />concurrence letter dated March 24, 2008, and the BLM concurrence memorandum dated March 20, <br />2008 to your bonding company for written evidence for approval to reduce your bond. Please find <br />these documents attached. <br />If you have questions or need additional information, please contact me: <br />Sincerely, <br />~~z~ <br />oseph J. dash <br />Environmental Protection Specialist <br />JJD/Ahd <br />cc: Johanna R. Cramer, CDMG <br />Jim Stover, J.E. Stover & Associates <br />Enclosure <br />M:\OSS\ahd\temp\C-SL-18_C 1981038_MLT_04042008011547.doc <br />Office of <br />Office of Active and Inactive Mines <br />Mined Land Reclamation Denver Grand Junction Durango <br />