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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: (303) 832-8106 <br />June 7, 2011 <br />Jason Burkey <br />r Oldcastle SW Group, Inc. <br />b <br />d.b.a.B & B Excavating <br />RECEIV69 <br />JUN 08 2011 <br />A iC?y 8-OV-t <br />M- \ \ l <br />Division of Reclamation, <br />Mining and Safety <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />P.O. Box 4870 <br />Eagle, CO <br />81631 <br />RE: Hidden Valley Gravel Pit, File No. M-1998-024, Reclamation Costs Update and otfce of Surety Increase SI-2 <br />Dear Mr. Burkey: <br />In an effort to ensure the financial warranty remains adequate to reclaim the above referenced site per the requirements <br />of the approved Reclamation Plan, the Colorado Division of Reclamation, Mining and Safety (DRMS) has updated the <br />reclamation cost estimate (copy enclosed). Therefore, pursuant to Section 34-32.5-117(4) of the Colorado Land <br />Reclamation Act, adequate Financial Warranty must be submitted to DRMS within 60 days of the mailing date of this <br />letter. The additional amount needs to be accepted prior to Monday, August 08, 2011. Please review the enclosed figures <br />as soon as possible and contact our office if any calculation errors are noted. <br />0 <br />Staff calculations estimate the cost to reclaim the above referenced site to be $99,000.00. This is an increase of $1Z300-0 <br />over the 86700.00 currently held by DRMS. This estimate is based on conditions observed during the June 2, 2011 <br />inspection. <br />If you require additional information, have questions or concerns, please don't hesitate to contact me at the DRMS <br />Grand Junction Field Office at 101 South 3'd Street, Suite 301, Grand Junction, CO, 81501, Phone: (970) 243-6299, Fax: <br />(970) 241-1516. <br />Sincerely, <br />(Z?? -- <br />Dustin Czapla <br />Environmental Protection Specialist <br />Division of Reclamation, Mining and Safety <br />Office of Denver • Grand Junction • Durango Office of <br />Mined Land Reclamation Active and Inactive Mines