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Fr <br />1 <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 />1 -Tune 20, 2011 <br />Sean Mello <br />Western Slope Aggregates <br />0304 Highway 133 <br />Carbondale, CO <br />81623 <br />RE: Blue Pit, File No. M- 1981 -207, Reclamation Costs Update an <br />Dear Mr. Mello: <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 Friday, August 19, 2011. Please review the enclosed figures as <br />soon as possible and contact our office if any calculation errors are noted. <br />Staff calculations estimate the cost to reclaim the above referenced site to be $357,757.00. This is an increase of <br />$47,757.00 over the $307,000.00 currently held by DRMS. This estimate is based on conditions observed during the June 9, <br />2011 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 Street, Suite 301, Grand Junction, CO, 81501, Phone: (970) 243 -6299, Fax: <br />(970) 241 -1516. <br />Sincerely, <br />Dustin Czapla <br />Environmental Protection Specialist <br />Division of Reclamation, Mining and Safety <br />Cc: <br />Enc: Financial Warranty Cost Estimate <br />Office of <br />Mined Land Reclamation <br />STATE OF COLORADO <br />m c_ <br />rk- (418r- <br />Denver • Grand Junction • Durango <br />RECEIVRO <br />JUN 2 3 2011 <br />Division of Reclamation, <br />Mining and Safety <br />Notice of Surety Increase SI -1 <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />— &— <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />Office of <br />Active and Inactive Mines <br />