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MID-CONTINENT RESOURCES. INC. <br /> y01 Centennial St,Suite 406 <br /> Drawer No. 12 <br /> Glem,00d Springs. Colorado 81601 <br /> (3()3)945-49M <br /> December 10 , 1982 <br /> Mr. Jim Herron <br /> Mined Land Reclamation Division <br /> 423 Centennial Building <br /> 1313 Sherman Street <br /> Denver, CO 80203 <br /> Dear Jim: <br /> Of the updated appraisal of the Colorado <br /> Enclosed is a copy as you <br /> Meadows Industrial Park. A mortgage on this property, <br /> know, has been offered by Mid-Continent to secure the reclamation <br /> bond of $1, 970 ,148 for the Coal Basin mining operation. In <br /> addition, we have asked your Division to allow us to raise our <br /> committment of this property to $1 , 977 ,148 to also secure the <br /> $7 ,000 reclamation bonding requirement for our new limestone <br /> quarry. <br /> We hope this will dispel any concerns your Division may have as <br /> to the current value of the Industrial Park and will resulttin <br /> the approval of our Coal Basin bond offer. Also, <br /> app <br /> raise our committment by re°uiredther $for the <br /> ireclamation bond on ll allow us to the <br /> the necessary paper work q <br /> limestone quarry. <br /> An early response on this matter will be appreciated. <br /> Sincerely, <br /> George E. Wear <br /> Director , Special Projects <br /> GEW:rm <br /> Enclosure <br />