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<br /> <br /> <br /> <br /> <br /> <br />June 16, 2023 <br /> <br /> <br />Neil Whitmer <br />Holcim - WCR, Inc. <br />1687 Cole Blvd <br />Suite 300 <br />Golden, CO 80401 <br /> <br /> <br />Re: Phillips Ranch Property Gravel Pit #2 - File No. M-2000-046 <br /> Holcim - WCR, Inc. <br /> Surety Increase (SI-1) <br /> Adjustment Resulting from Succession of Operator Inspection <br /> <br />Dear Neil Whitmer: <br /> <br />On June 16, 2023 the Division of Reclamation, Mining and Safety increased the current Financial <br />Warranty for this permit to $232,353.00, in accordance with Rule 4.2.1 of the Rules and Regulations. <br />This is an increase of $115,230.00. <br /> <br />Please see the May 17, 2023 inspection report for details regarding why this surety increase is <br />required. <br /> <br />The Division ordered amendment of the current Financial Warranty, or submittal of a new Financial <br />Warranty reflecting the increase, within 60 days from the date of this letter (June 16, 2023). <br /> <br />Please make arrangements with Sara M. Stevenson-Benn at the Division’s Denver office for submittal <br />of the financial warranty. Any other questions regarding completion, execution and/or submittal of <br />financial warranty forms should also be directed to Sara M. Stevenson-Benn by telephone at (303) <br />866-3567 (8148), or by email at Sara.stevenson-benn@state.co.us. <br /> <br />The Permittee for this site may be scheduled for a Formal Board Hearing for possible revocation of <br />the permit after August 15, 2023, if the amount of any increased Financial Warranty has not been <br />provided. <br /> <br /> <br />Bond Held: $117,123.00 <br />Prior Liability: $117,123.00 <br />Change in Liability: $115,230.00 <br />Revised Liability: $232,353.00