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In summary, Resources seeks cash collateral <br /> authorization in the amount of $36 , 039 . 35 to cover <br /> additional and unforeseen expenses incurred in the <br /> first quarter. <br /> b. Operational Expenses . There are ongoing <br /> administrative expenses for contract labor (which <br /> includes no compensation for any officers or directors <br /> of Resources ) , utilities, insurance, permits , and other <br /> general and administrative expenses . The revised <br /> monthly average for these costs is $26 , 393 . 31 . <br /> Resources seeks cash collateral authorization in the <br /> amount of $52 , 786 . 62 , to cover operational expenses for <br /> April and May, 1993 . <br /> C . Additional Contract Labor. In addition to the <br /> costs of contract labor allocated under the average <br /> monthly budget, it has been necessary to hire three <br /> additional men to prepare equipment for reclamation <br /> efforts , to remove equipment from a building after a <br /> roof collapsed from snow, for environmental work such <br /> as oil removal, and for snow removal and other property <br /> maintenance. The cost for such additional contract <br /> labor is $9 , 575 . 37 per month for April and May, 1993 . <br /> Resources seeks cash collateral authorization in the <br /> amount of $19 , 150 . 74 to cover the costs of additional <br /> contract labor for April and May, 1993 . <br /> d. Additional Amount Needed for AT&T. Resources had <br /> two leases with AT&T Credit Corporation. One lease was <br /> for the telephone equipment at the mine site and has <br /> been rejected. The other lease is for the telephone <br /> equipment at Resources ' offices in Carbondale, <br /> Colorado, which has expired on its own terms . <br /> Resources requires the use of the telephone equipment <br /> at its offices, and AT&T has agreed to continue the <br /> lease on a month-to-month basis . Past due post- <br /> petition payments through April total $5 , 008 . 15 . <br /> Resources seeks cash collateral authorization in this <br /> amount. <br /> e. Ecuimment Repairs . Resources owns certain <br /> equipment which will be needed for reclamation uses. <br /> Some of the this equipment requires repair prior to <br /> being placed in use. The First Motion requested cash <br /> collateral authorization for this purpose; however, <br /> actual repair costs proved to be greater than the <br /> estimates and additional repairs costs not allocated <br /> for in the First Motion are required. Resources seeks <br /> cash collateral authorization in the amount of $17 , 000 <br /> for this purpose. <br /> -4- <br />