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P.O. BOX 700 <br />S? <br />HENDERSON, CO 80640 <br />ALBERT FREI & SONS (303) 289-1837 <br />(303) 289-2865 FAX <br />March 3, 2011 <br />Division of Reclamation, Mining & Safety <br />Mr. David Bird <br />1313 Sherman St, Room #215 <br />Denver, CO 80203 <br />Dear Mr. Bird; <br />RE: Albert Frei and Sort's, Inc. - Priola Pit <br />M.L.R.B. Permit # M-2007-087 <br />Oond Reduction request <br />This letter is a formal request for a bond reduction at the <br />above referenced mine. Reclamation at this site calls for <br />backfilling the excavated area with clean fill and was to be <br />accomplished in 2 stages. The first was to fill in the lake area <br />created during mining to a level at least 2 feet above the normal <br />ground water level. The second stage was to complete filling the <br />site to an elevation of 5107 creating a level area suitable of later <br />development as a commercial building site. <br />The current bond includes the cost to import and backfill the <br />water area in the amount of $351,129 plus indirect costs. At this <br />time there is no exposed ground water on the mine site and we feel <br />it appropriate to remove the backfilling component of the bond since <br />is no longer needed. There is still backfilling required to complete <br />the reclamation. But as approved in the plan, only the backfilling <br />of exposed water was bonded since the land could be reclaimed and <br />become usable if the entire site were not backfilled as we proposed. <br />Covering the exposed ground water eliminated the need for a water <br />augmentation plan at this site too. <br />Attached is a cost estimate based on the original Cost Summary <br />Form for your review. Please call me at (303) 289-1837 <br />RECEn <br />`IAR 0 3 2011 <br />i _ 9WWion of Reoama?ticm. <br />7? <br />I#Aft and safety