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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 />September 2, 2008 <br />Mr. Martin Lind <br />Hilltop Aquatic Investments, LLC <br />1625 Pelican Lakes Pt., Ste. 201 <br />Windsor, CO 80550 <br />COLORADO <br />D IV IS I ON OF <br />RECLAMATION <br />MINING <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 />Re: Raindance Sand and Gravel Mine, Permit No. M-2004022, Financial Warranty Reduction Approval, <br />Revision No. SR-1 <br />Dear Mr. Lind: <br />On August 22, 2008 the Division of Reclamation, Mining and Safety approved your request for a Financial Warranty <br />Reduction to $28,000.00. This is a reduction of $438,700.00. This decision reduces the amount of the financial <br />warranty, and does not approve any release of reclamation responsibility for the tasks associated with this request. <br />Please provide a rider to the current Financial Warranty, or submit a new Financial Warranty reflecting this reduction. If <br />you wish to submit a different type of Financial Warranty, please contact our office for the applicable form. <br />If you have any questions, please contact me at (303) 866-4922. <br />Sincerely, <br />puee- d?"09-e? <br />Jared L. Ebert <br />Environmental Protection Specialist <br />cc: Tony Waldron, Division of Reclamation, Mining and Safety <br />Ty Thompson, Applegate Group, Inc. <br />Tracey Trybom, Connell Resources, Inc. <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines