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AIMM COLORADO <br />Division of Reclamation, <br />Mining and Safety <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />January 8, 2015 <br />Darrel Ritchey <br />36415 US Hwy 385 <br />PO Box 425 <br />Wray, CO 80758 <br />Re: Falk/Ritchey's Redi Mix Precast Inc Pit #1, Permit No. M- 2010 -043, Financial Warranty Increase, SI- <br />Ol <br />Dear Mr. Ritchey: <br />On November 3, 2014, the Division of Reclamation, Mining and Safety (Division) conducted an inspection of the <br />Falk/Ritchey's Redi Mix Precast Inc Pit #1, Permit No. M- 2010 -043. According to Rule 4.2.1(1) and (2), the <br />Division may review a financial warranty at any time to determine if the amount is sufficient to perform reclamation. <br />The Division currently holds a financial warranty of $23,150.00. The Division has calculated a reclamation cost <br />estimate for the Falk/Ritchey's Redi Mix Precast Inc Pit #1 based on the submitted and approved mining and <br />reclamation plans. The Division calculated the cost to reclaim the proposed affected disturbance to be <br />$30,800.00. This is an increase of $7,650.00 from the current financial warranty held. <br />In accordance with Rule 4.2.1(2), the Operator is required to submit this additional amount within 60 days <br />of this letter (March 9, 2015). If you wish to submit a different type of financial warranty, there are various <br />application forms on our website at mining.state.co.us. Failure to submit the required financial warranty is a <br />violation of the Construction Material Rules and Regulations. <br />For questions regarding financial warranties, please contact Barbara Coria, the Division's Financial Assurance <br />Specialist, at (303) 866 -3567 x 8148. <br />For all other questions, please contact me at 303 - 866 -3567 x8132. <br />Sincerely, % <br />Elliott R. Russell <br />Environmental Protection Specialist <br />Certified Mail No.: 7012 3460 0000 6385 4223 <br />Cc: Tom Kaldenbach; DRMS <br />Barbara Coria; DRMS <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 />�oF Coto,, <br />1876 <br />