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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 />COLORADO <br />Denver, Colorado 80203 D l v t s t o N o f <br />Phone: (303) 866-3567 RECLAMATION <br />FAX: (303) 832-8106 MINING <br />SAF E <br />?' T Y <br />,AN ?eciama?wn, <br />Bill Ritter, Jr. <br />January 20, 2010 pivr??n °t and gafety <br />NGnin9 Governor <br />Mr. Mike Clark Harris D. Sherman <br />Executive Director <br />Tierra Piedra Ranch LLC <br />P.O. Box 1959 Ronald W. Cattany <br />Division Director <br />Arboles, CO 81121 Natural Resource Trustee <br />Re: File No. M-2009-081, Tierra Piedra Gravel Pit, 110c Decision Letter - Financial and Performance <br />Warranty Request - Construction Material Operation <br />Dear Mr. Clark: <br />On January 19, 2010, the Division of Reclamation, Mining and Safety approved your 110c mining permit application. <br />The amount of financial warranty set by the Division for this operation is $5,452.00. You must submit a financial <br />warranty in this amount and a performance warranty in order for us to issue a permit. In the event you have requested a <br />financial warranty form, we have enclosed it in this letter. If you have,not, please select a type of financial warranty from <br />Rule 4.3. Then contact us so that we can provide you with the appropriate warranty form. We have enclosed a <br />performance warranty form with this letter for your use. <br />PLEASE NOTE THAT MINING OPERATIONS MAY NOT COMMENCE UNTIL A PERMIT HAS BEEN <br />ISSUED BY THE DIVISION AFTER RECEIPT OF YOUR FINANCIAL WARRANTY AND PERFORMANCE <br />WARRANTY. A PERMIT WILL NOT BE ISSUED UNTIL WE VERIFY THE ADEQUACY OF BOTH YOUR <br />FINANCIAL WARRANTY AND PERFORMANCE WARRANTY. <br />If you have any questions, please contact me at the Division's Durango field office: 691 CR 233, Room A-2, Durango, <br />CO 81301; telephone 970-247-5193. <br />Sincerely, <br />Bob Oswald <br />Environmental Protection Specialist <br />Enclosure <br />cc: Steve Shuey, DRMS <br />J. Chandler Marechal, Finney Land Co., PO Box 2471, Durango, CO 81302 <br />(c:\10-01 dots\tierra piedra 110c appl appr/rco) <br />Office of Office of <br />Mined Land Reclamation Denver • Grand )unction • Durango Active and Inactive Mines