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Effect on Reclamation Plans: These changes do not alter the reclamation plan in any <br />significant way. The only effect on those plans results from the more precise definition of the <br />areas mined. All other provisions and requirements contained in the reclamation plans will still <br />apply as originally stated in the permit. Because the areas to be affected are smaller than <br />originally anticipated, the reclamation contours have been adjusted to match the area to be <br />affected, but those adjustments were done utilizing the requirements for grading contained in the <br />plan. In most cases, the final topography only changed slightly. The same topsoiling, <br />revegetation, and water control requirements will be implemented. <br />Effect on Bonding: The amount of affected land included in the existing bond has been <br />reduced somewhat. It is recommended that the existing bond be allowed to continue unchanged. <br />In effect, the operation will be somewhat overbonded with respect to the original cost <br />calculations, but those calculations were done a few years ago and inflation since then would <br />have probably increased the reclamation cost of the original affected land area. However, as the <br />affected land area is reduced, that cost can be applied to account for inflation. As large areas of <br />land have been and are being reclaimed in the current mining area of the previous permit <br />approval, it is likely that bond releases will be sought in the next couple of years. When those <br />releases are sought, a new bond calculation could be done to bring everything up to date. <br />Exhibits Included: <br />Two letters from the State Land Board. One letter contains the details of the <br />agreement and is signed by both the State Land Board and Schmidt Construction. <br />The other letter is to Arapahoe County from the State Land Board to provide them <br />with the details of the agreement to resolve the issues the county had in the special <br />use permit process. <br />2. The Agreement Features Map. <br />3. Supplemental Exhibits C-2 and F from the amendment. These show the newly <br />defined areas to be affected in accordance with the Agreement Features Map and <br />any adjustments to the reclamation contours to fit the new areas. This also <br />removes the direction of mining arrows from the original maps. Because of the <br />nature of the deposits being variable and spotty, including a direction of mining is <br />somewhat misleading. With spotty deposits there really can't be an overall <br />direction of mining because mining will occur where the sand occurs and may <br />leave land that does not have adequate or proper sand deposits undisturbed. This <br />is fully described in the mining plan, Exhibit D, but when one reads the plan and <br />then looks at the maps there is a conceptual disconnect. Removal of the arrows <br />provides for more consistency between the mining plan description and the maps. <br />It also needs to be noted, as indicated in the mining plan, that two or more <br />locations in each affected land area may be opened at a time so the wide range of <br />sand products can be provided to the market. <br />Technical Revision - February 2009 M-1988-044 Page 2 of 2