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III IIIIIIIIIIIIIIII ~ <br />STATE OF COLORADO ._ <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman 51., Room ZIS <br />Denver, CO 80203 <br />Phone: 1303) 866-3567 <br />FAX: (J03) 832-8106 <br />July 20, 1993 <br />Mr. A. Reid Jones, V.P. Finance <br />VALCO Inc. <br />P.O. Box 550 <br />Rocky Ford, CO 81067 <br />~~,or~co~ <br />~~ 4b <br />0 <br />~ r9 )6 ~ <br />Roy Romer <br />Goverrgr <br />Michael B. Long <br />Division Director <br />RE: Deed of Trust and Financial Warranty for Permit ~ M-77-023, <br />M-77-222, M-77-223, M-77-559, M-77-560, M-77-572, M-77-573, <br />M-78-287, M-81-014, M-81-132, M-84-008, and M-86-015 <br />Dear Mr. Jones: <br />During a recent review of our records, it was found we require <br />the following information or documents in order to bring your <br />reclamation bond into compliance with our policy: . <br />1. Records indicate the deeded property has not been re- <br />appraised since 1986. Please .submit: <br />A. A new, full appraisal based on its current use, not <br />potential mining value and excluding "considerations." <br />B. A title search and insurance policy. The policy should <br />be submitted to the Division within 3 days of its <br />issuance. <br />2. Proof of payment, a receipt, reflecting Pueblo County <br />property taxes are paid. <br />To avoid further Division action, please respond to this request <br />• within 30 days of the date of this letter. <br />If you have any questions, please contact me or Debbie Mulloy. <br />Sincerely, <br />- ~. .. _ .. <br />j Lave Phi lips Ina <br />Sys s Ana t <br />cc: James Stevens <br />/lpl <br />- ~,Q ~ r 7q l(o ~0 .~-S <br />