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~1 ,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 />A ri122, 2008 <br />p <br />Alan Parkerson - <br />Parkerson Construction, Inc. <br />715 15t" Street <br />Grand Junction, CO 81501 <br />~~ <br />~~~~~~~ <br />A~°R <br />~9in ~g a a~c~aY~®~ <br />S~ fob on, <br />Re: Valley Vista Pit, Permit No. M - 1981- 229, Reclamation Cost Update, SI-02 / <br />Dear Mr. Parkerson: <br />COLORADO <br />DIVISION O F <br />RECLAMATION <br />MINING <br />- ~t- <br />SAFETY <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 an effort to ensure the fmancial 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 <br />34 -32.5-117(4) of the Colorado Land Reclamation Act, adequate financial warranty must be submitted to the <br />DRMS within 60 days of the mailing date of this report. The increase needs to be accepted prior to 6/20/2008. <br />Please review the enclosed figures 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 $77,772.00, rounded off t $77,800.00. This is an increase <br />of $12,521.00 over the $65,279.00 currently held by the Division. The estimate is ba on con ~ ons observed during <br />the latest inspection. <br />If you need additional information, please contact me at the Division of Reclamation, Mining and Safety, Grand Junction <br />Field Office, 101 S. 3`d Street, Suite 301, Grand Junction, Colorado 81501, telephone no. 970.623.5596. <br />Sincerely, <br />Travis Marshall <br />Environmental Protection Specialist, Grand Junction Field Office <br />Office of Office of <br />Mined Land Reclamation Denver Grand )unction Durango Active and Inactive Mines <br />~~ <br />