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5P" 01 <br />CERTIFIED MAIL — RECEIPT NO. 7007 0710 0001 1498 2546 <br />November 16, 2009 <br />Mr. Tony Waldron <br />Division of Reclamation, Mining and Safety <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Re: Permit No. M -2001 -016 — Fredstrom Resource <br />✓t'inancial Warranty Reduction Request. <br />Dear Mr. Waldron: <br />K&_1 <br />AGGREGATE <br />INDUSTRIES <br />Aggregate Industries hereby submits this letter as a request for a reduction of the financial warranty for <br />the above - referenced permit. As noted in each of the annual reports submitted following issuance of the <br />permit on January 7, 2002, Aggregate Industries has not yet commenced operations at this site. <br />Furthermore, due to the current economic climate, Aggregate Industries does not foresee commencing <br />operations under this permit for some time. <br />As there are neither current disturbances, nor near - future disturbances projected, and therefore no costs <br />associated with fulfilling the requirements of the reclamation plan until mining commences, Aggregate <br />Industries respectfully requests a reduction of the current financial warranty amount of $260,500 to <br />$1,000. Aggregate proposes to submit the remaining financial warranty for Division approval thirty (30) <br />days prior to any mining and reclamation activity. <br />Your consideration in this matter is appreciated. Please contact me at (970) 336 -6526 if you have any <br />questions or require additional information. <br />Very truly yours, <br />Connie N. Davis <br />Land Advisor <br />cc: Aggregate Industries -WCR, Inc. <br />Aggregate Industries <br />West Central Region, Inc. <br />1707 Cole Blvd., Suite 100 <br />Golden, CO 80401 <br />Telephone: 303-985-1070 An Equal Opportunity Employer <br />