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TATE 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 />August 10, 2009 tl? <br /> <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SA FETY <br />Mr. Rob Mangone 11-11 <br />Rocky Mountain Materials & Asphalt, Inc. <br />1910 Rand Ave <br />Colorado Springs, CO 80906 <br />e/ v <br />Re: Penrose Ranch's, Permit No. M-1992-016, Amendment Approval, Revision No. AM-2 <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 />Dear Mr. Mangone: <br />On May 22, 2003 the Division of Reclamation, Mining and Safety approved the Amendment application submitted to the <br />Division on January 21, 2003, addressing the following: <br />M-1991-144 was incorporated into M-1992-016 when AM#2 was approved in 2003 which increased the permit <br />area from224 acres to 2,484 acres. <br />The terms of the Amendment No. 2 approved by the Division are hereby incorporated into Permit No. M-1992-016. All <br />other conditions and requirements of Permit No. M-1992-016 remain in full force and effect. <br />The warranty posted for M-1991-144 G &V Gravel pit letter of credit No 740 in the amount of $5,000.00 is enclosed <br />with this letter. Please notify the bank about the release by providing a copy of this letter.M-1991-144 is terminated. <br />If you have any questions, please contact Elizabeth Taliaferro at (303) 866-3567, x8148. <br />Sincerely, <br />Berhan. Keffelew <br />Environmental Protection Specialist <br />Enclosure: Financial Warranty <br />Certified Mail Receipt: 700805 0000005 5 870524 <br />Office of Office of