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0 L 0 R A D 0 <br /> Division of Reclamation, <br /> TMMining and Safety <br /> Department of Natural Resources <br /> April 8, 2022 <br /> Connie Mullett <br /> Mullett Excavating, LLC. <br /> P.O. Box 322 <br /> Westcliffe, Colorado 81252 <br /> Re: Mulletts Excavating Pit# 1, DRMS Permit No. M-2000-115 <br /> Notice of Surety Increase, SI01 <br /> Dear Mrs. Mullett, <br /> On April 7, 2022, the Colorado Division of Reclamation, Mining and Safety increased the <br /> current Financial Warranty required for this permit to $58,363.00, in accordance with Rule 4.2.1 <br /> of the Rules and Regulations. This is an increase of $11,360.00 from the currently held <br /> $47,003.00. Please see the February 23, 2022 inspection report for details regarding why this <br /> surety increase is required. The Division ordered amendment of the current Financial Warranty, <br /> or submittal of a new Financial Warranty reflecting this increase is due by June 6, 2022. If you <br /> wish to submit a different type of Financial Warranty, please contact me such that I may send you <br /> the applicable form. <br /> The Permittee for this site may be scheduled for a Formal Board Hearing for possible revocation <br /> of the permit after June 6, 2022, if the amount of any increased Financial Warranty has not been <br /> provided. However, the Division received a succession of operator (SO) application to transfer <br /> the permit to Southway Construction on April 6, 2022. The SO application included the required <br /> surety from the proposed successor operator Southway Construction Company, Inc. This <br /> application is under review. If the SO application is approved prior to the due date for the surety <br /> increase, Mullett Excavating, LLC. will not need to submit the required increase in surety and <br /> will no longer be held liable for the site. <br /> If you have any questions, please contact me at connor.drinkard&state.co.us or(720) 836-0967. <br /> Sincerely, <br /> 1 <br /> Connor J. Drinkard, <br /> 1 1.. 1313 Sherman-Surest, Room 215,Denver, CO&0203 P 301866 3 &T F 30 832.61 �w-,•.a—0'�9 <br /> N1:i I i'i j: DRP l S Ro rn 2 15,1001 E 62r1dAve.,Derrwor-CO 80216 h11ys:f1drins. zrado.off <br /> :'.1 : . 1,iI C�16worno, I D;ain Gibbs,Exec otiwie Ur$Vor Vi rgi it is Brailrion,Diri-�.L;tbr <br /> y w <br /> '�1876�` <br />