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:~ ,1 <br />~~ __ <br />III IIIIII!IIIIII III <br />February 15, 2000 <br />COTTER CORPORATION <br />Western Slope Operations <br />Nucla, CO 81424-0700 <br />Mr. Wallace Erickson <br />Colorado Division of Minerals and Geology <br />Durango Field Office <br />701 Camino Del Rio, Room 215 <br />Durango, CO 81301 <br />2815.1 D:)~ <br />P.O. Box 700 <br />Phone (970) 864-7347 <br />Fax (970) 864-7287 <br />e d <br />E ~ `~a~ ~ "~..sr <br />Ye`!,, Aso;, e ~~ ~ 2j, e <br />r <br />Re: Permit No. M-77-305, C-LP-21 Mine, Technical Revision <br />Dear Mr. Erickson: <br />Received <br />FEB 2 8 2000 <br />Divlsio~ of Umerats g ~o <br />IODY <br />Cotter Corporation requests a Technical Revision (TR) for the above captioned permit in <br />compliance with Rule 4.2.1(8), which states: "When mining on federal land and the federal land <br />management agency requires that a financial warranty be posted with their agency, the amount of <br />financial warranty posted with the state shall be the difference between the amount required to be <br />posted by the federal land management agency, and the amount required by the Mined Land <br />Reclamation Board. In no event shall the amount of financial warranty posted be less than $100." <br />Cotter currently holds a $49,000 bond with Pacific Insurance Company (see attached) to satisfy <br />the Federal Department of Energy bonding requirements. The Division of Minerals and Geology <br />currently holds a financial warranty bond of $15,400, for a combined total of $64,400. The <br />Division of Minerals and Geology's revised reclamation cost estimate is $29,018. Applying the <br />$49,000 DOE bond to the total required DMG bond of $29,018, would reduce the required <br />DMG bond to $100. <br />Cotter is requesting this TR to reduce the required llMG bond to $100. Upon approval, Cotter <br />Corporation will post a $100 bond assigned to the board. In addition, Cotter Corporation <br />commits that in the event the federal land management agency reduces the Financial Warranty, <br />Cotter will post an acceptable replacement warranty with the state prior to any release by the <br />federal land managcment agency. The replacement warranty shall be sufficient to cover the cost <br />of reclamation liability unless the state conducts an inspectiun and concurs with the fcderal land <br />management agency finding. <br />A check for $150 is enclosed to cover the Technical Revision fees fora 112 permit. <br />[f you have any questions, please contact Dave Diss at 970-864-7347. <br />Sincerely, <br />COTTER CORPORATION <br />~~ ~~~y <br />Glen Williams <br />Manager Western Slope Operations <br />DD/tlt/:«nRzi.aa <br />cc: Dave Munger <br />