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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 />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX-.(363) 832-8106 <br />November 24, 2010 <br />1 <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />SAFETY <br />Mr. Robert D. Beltramo <br />Beltramo Leasing,. LLC <br />4947 Alberta Falls Way <br />Colorado Springs, CO 80924 <br />Re: Blue Grass Gravel Pit, Permit No. M-2008-001, Financial Warranty Reduction Approval, Revision No. <br />SR-1 <br />Dear Mr. Beltr"amo: . <br />On November, 247 20110 the Division of Reclamation, Mining and Safety approved your, request for a Financial Warranty <br />Reduction to $48,600.00 This is a reduction of $1,922,285.00. This decision reduces the amount of the financial <br />warranty, and does not "approve any release of reclamation responsibility for the tasks associated with this request. <br />Please provide a rider to the current Financial Warranty, or submit a new Financial Warranty reflecting this reduction. If <br />you wish to submit a different type of Financial Warranty, please contact our office for the applicable form. <br />If you have any questions, please contact me. <br />Sincerely, <br />erhan Keffelew <br />Environmental Protection Specialist: <br />CC: Mr Joe Gagliano <br />LJ Deve"lopment, Inc. <br />256 N. Merrill. Drive <br />Pueblo, CO 81007 <br />Office of <br />&A4....4 1 era D.,.-r-,....,ti.?.. humicr • r-nd Innrtinn • niiranan <br />Office of <br />Artiva and Inarfl,,A Ui-,