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DIVISION OF MINERALS AND GEOLOGY <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 />March 1, 2006 <br />Ms. Lynn Mayer <br />L.G. Everist, Inc. <br />7321 E. 88th Ave. Ste. 200 <br />Henderson, CO 80640 <br />Re: Ft. Lupton Sand and Gravel Mine, Permit No. M- 1999 -120, Financial Warranty Reduction Approval, <br />Revision No. SR -1 <br />Dear Ms. Mayer: <br />On February 27, 2006 the Division of Minerals and Geology approved your request for a Financial Warranty Reduction <br />to $299,905.00. This is a reduction of $177,595.00. <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 at (303) 866 -4943. <br />Erica S. Crosby <br />Environmental Protection Specialist <br />cc: Carl Mount, DMG <br />Elizabeth Shelton, DMG <br />Office of <br />Mined Land Reclamation <br />STATE OF COLORADO <br />COLORADO <br />DIVISI RAD ON OF <br />MINERALS <br />GEOLOGY <br />R EC LA M ATIO N•MI NI NG <br />SAFETY•SCIENCE <br />Bill Owens <br />Govemor <br />Russell George <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />Office of Colorado <br />Active and Inactive Mines Geological Survey <br />