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e <br /> Neil Wolf, Esq. <br /> Page 2 <br /> sible. <br /> it will also become necessary to negotiate a split of the reve- <br /> nues from the sale of the rock dust plant and quarry lease if the <br /> two are sold together as part of a going concern. While these <br /> negotiations do not necessarily have to be completed prior to <br /> sale, the Division and Sanwa should attempt to reach agreement on <br /> this issue either prior to, or in conjunction with, negotiations <br /> regarding contribution by Sanwa from the sale of its collateral <br /> towards the cost of mine site reclamation. <br /> The Division believes it is in Sanwa's best interest to assist in <br /> the reclamation of the Mid-Continent mine site. Reclamation <br /> should enhance the value of Sanwa's collateral and maximize its <br /> recovery therefrom. Accomplishing mine site reclamation is the <br /> statutory responsibility of the Division and the Division will <br /> seek to meet its obligations by all legal means at its disposal. <br /> The Division would prefer to negotiate a reclamation expense con- <br /> tribution with Sanwa rather than attempt to force a contribution <br /> either through the bankruptcy proceeding or outside thereof. <br /> The Division would appreciate a prompt response from your client <br /> regarding its interest in negotiating the matters discussed above <br /> and whether it would prefer to meet with the Division or communi- <br /> cate through attorneys. I am looking forward to hearing from <br /> you. <br /> Sincerely, <br /> FOR THE ATTORNEY GENERAL <br /> STEPHEN G. SMITH <br /> Assistant Attorney General <br /> Regulatory Law Section <br /> (303) 866-5127 <br /> cc: Steve Renner <br /> AG Alpha No. NRCLICABY <br /> AG File No. E9209189 . 16 <br />