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J .fE . STOVER & ASSOC&TES <br /> 2768 COMPASS DRIVE, SUITE 101 <br /> GRAND JUNCTION, COLORADO 81506 <br /> PHONE: (303) 245-4101, FAX 242-7908 <br /> MINE ENGINEERING CIVIL ENGINEERING <br /> MINE RECLAMATION CONSTRUCTION MANAGEMENT <br /> September 17, 1993 <br /> Harry Ranney SEP 2 0 1993 <br /> Division of Minerals & Geology <br /> 1313 Sherman St. , Room 215 <br /> Denver, CO 80203 <br /> Re: Application for a Technical Revision <br /> Revised Bond Calculation <br /> Permit C-91-078 <br /> Dear Mr. Ranney: <br /> Honeywood Coal Company opened up Mining Area No. 3 in anticipation <br /> their coal supply contract would be renewed. The mine was idled <br /> after only four pits were mined from Area 3 because the coal supply <br /> contract was not renewed. <br /> The reclamation bond for Area 3 was calculated based on mining the <br /> entire area. Since only a small portion of the area was mined, the <br /> required reclamation bond has been recalculated based on quantities <br /> actually handled during the mining of the four pits. <br /> Enclosed is an application for a technical revision to reduce the <br /> required bond amount from $616,250 to $381,935. Revised pages <br /> 2.05-20ii - 2.05-20v document the new bond amount. As soon as the <br /> backfill and grading work is complete, I will process an <br /> application for a bond reduction. The bond reduction will be based <br /> on a release of 60% of $381,935, which should allow the bond to be <br /> reduced to $152,774. <br /> Please call if you have any questions. <br /> Sincerely, <br /> k,.a <br /> Jim Stover, P.E. <br /> Consulting Engineer <br /> cc: Rick Ward <br />