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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 C O L O RA D O <br />Denver, Colorado 80203 D IV V IS I ON OF <br />Phone: (303) 866-3567 RECLAMATION <br />FAX: (303) 832-8106 MINING <br /> <br /> SAFETY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />February 13, 2008 Executive Director <br />Ronald W. Cattany <br />Division Director <br />Brent Kerr Natural Resource Trustee <br />United Co. / Oldcastle S.W. <br />P.O. Box 3609 <br />Grand Junction, CO 81502 <br />Re: Hall Pit, Permit No. M -1983 -142, Reclamation Costs Update and Notice of Surety Increase. <br />5x:- OvDear Mr. Kerr: <br /> <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 34 <br />-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 4/14/2008. Please <br />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 $22,152.00. This is an increase of $3,545.00 over the <br />$18,607.00 currently held by the Division. The estimate is based on conditions observed during 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 />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