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COLORADO <br /> Division of Reclamation, <br /> AT Mining and Safety <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 215 <br /> Denver, CO 80203 <br /> /October 10,2014 <br /> Dale and Ellen Schmidt <br /> 472 Meadow Drive <br /> Pagosa Springs, CO 81147 <br /> Re: Schmidt Site, Permit M-2011-014, Financail Warranty Increase Notice, SI-01, <br /> Withdrawal <br /> Dear Mr. and Mrs. Schmidt, <br /> On June 16, 2014 the Division of Reclamation, Mining and Safety (Division) noticed you <br /> of a financial warranty increase of$76,842.10. An administrative review has identified <br /> an error in the update that facilitiated the notice. Therefore, the Division is rescending <br /> the increase notice, SI-01 and you will not be required to post the additional bond related <br /> to that update. <br /> The Division will be contacting you shortly to re-inspect the site and properly update the <br /> reclamation liability. Please note that there is no guarantee an increase will not occur. <br /> However, it will reflect more accurately the reclamation liability. Per our phone conversation, <br /> you indicate having additional documentation from the County that may have bearing on your <br /> permit and the reclamation. Please have copies of that documentation available for the <br /> specialist when the re-inspection is conducted. <br /> We apologize for the inconvenience and look forward to better serving you in the future. If you <br /> have any questions regarding this matter please contact me at 303.866.3567, Ext 8185 or via e- <br /> mail @ russ.meansCa)state.co.us. <br /> Sincerely, <br /> A 4-d 4-'c <br /> Russ Means <br /> Senior Environmental Protection Specialist <br /> Durango/Grand Junction Supervisor <br /> Cc: Tony Waldron, DRMS Minerals Program Supervisor <br /> 1313 Sherman Street, Room 215, Denver,CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us <br /> John W.Hickenlooper,Governor I Mike King, Executive Director I Virginia Brannon, Director ' ,� <br />