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May 5, 2012 <br />Dear Jamie: <br />MTAA LTD in care of JOHN LASSALETTE, ATTORNEY <br />1280 Ute Avenue, Suite 10, Aspen, Colorado, 81611 -2259 <br />Phone: (970) 628 -4195 <br />The Honorable Jamie Stuever <br />Mayor City of Leadville, Colorado <br />800 Harrison Avenue <br />Leadville, Colorado <br />Phone: (719) 486 -2471 <br />RE: Disposition of Apache Property. <br />You and I have had some discussions on Apache entailment, and its <br />use after we complete our cleanup process of the soils and the land. You <br />have made it clear to me that you would like to use the site as a big <br />parking lot. That was one of your main ideas. I told you that I would be <br />open to working with you on the final use of the property, for the town of <br />Leadville. <br />I am confirming to you what my company will do when the project <br />is finally finished. As I have expressed to you, if it is possible, the land <br />would either be exchanged or gifted to the town of Leadville, with just a <br />few things added in. Believe it or not, I feel the choice of what we will do <br />with the property is our choice and no one else's. <br />After being involved for over 14 years on the Apache site, I have <br />seen many changes in Leadville. Every Superfund site has been capped <br />and the caps are useless. This particular piece of property is the only <br />Superfund site in the town of Leadville. The capping of this site has not <br />worked, as you know there are still many new cancer cases coming from <br />the water under the site and from the yak Tunnel flow coming off the <br />mountain. <br />Apache Disposition, Page 1 of 2 pages. <br />