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<br />IIIIIIIIIIIIIIII i <br />999 III <br />DIVISION OF MINERALS AND GEOLOGY <br />Depanmenl of Natural Resources <br />1313 Sherman 51., Room 275 <br />Denver, Colorado 80203 <br />Phone: (3031 066-3567 <br />FAX: (3031832-8106 <br />March 18, 1997 <br />Mike Keegan <br />Kaiser Ventures, Inc. <br />P.O. Box 37 <br />Desert Center, CA 92239 <br />RE: Phase II Bond Release Application No. 2 <br />Kaiser Ventures, Inc. <br />Colorado Coal Mioe No. 1, Permit No. C-81-024 <br />Deaz Mr. Keegan: <br />~~~ <br />DEPARTMENT OF <br />NATURAL <br />RESOURCES <br />Roy Romer <br />Governor <br />lames S Lochhead <br />Emttmive Director <br />Michael B. Long <br />Division Director <br />The proposed decision to approve the Phase II bond release request (SL-02) was published by <br />the Division of Minerals and Geology (Division) in the Huerfano World on December 19 and <br />December 26, 1996. The required 30-day public comment period expired with no public <br />comment or objection to the partial bond release. Therefore, the Division's decision is final. The <br />revised liability of this site is now $38,000.00. You may want to replace or reduce the bond <br />instrument as a result of this decision. If so, please forward a new or revised bond to our office <br />at your convenience, attention Debbie Mulloy. Indicate in your cover letter the proposed action <br />which reduced the required bond amount and any other details with regard to bond replacement. <br />If you have any questions, please call me. <br />Sincerely, <br />~~~d~~jill~i <br />Kent A. Gorham / <br />Environmental Protection Specialist <br /> <br />STATE OF COLORADO <br />cc: Dan Hernandez, DMG <br />Jerry Koblitz, Greystone <br />Debbie Mulloy, DMG <br />