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fi & fi fIINERALS, INC. P. O. BOX 3109 CONCORD, N.C. 28025 June 10, 1987 fir. Charles ficGinnis Cabarrus County Manager 77 Union Street Concord, N.C. 28025 Dear Mr. McGinnis: As per our conversation June 8, 1987, please find the following enclosed: 1. Request for a letter to It & Ii Iilnerals, Inc. from Cabarrus County. 2. A proposal to Cabarrus County from M & Ii fiinerals, Inc. 3. flap of area iu question. Iir. ficGinnis, the requested letter would allow fi & fl fiinerals, Inc. to state on their mining permit chat the reclaimatlon of area ~1 would be in the reservoir to be built on Coddle Creek. Thus fi & fi would maintain erosion control until such time that the reservoir was completed. The letter needs to state approximately that the county will purchase the land and approximately when the reservoir will be completed. fi & Ii would also like to continue to dip sand from area al after the coun£y purchases the land and the reservoir is completed paying the county for the sands. After the lake is filled with water all of the heavy minerals which move down stream during flooded conditions will drop to the bottom and stop when they reach the hack waters of the lake. When the lake goes down, the sand and minerals could be removed. We believe thousands of tons of sand would be.produced in Coddle Creek after each flood and should be removed. M & Ii will pay $.50 per ton for the sands in Coddle Creek. We also propose to the county that the county sell to fi & M fiinerals, Inc. the sands presently in Coddle Creek from area {2 per the enclosed map, cover!n§ the area from fiooresville Highway to the old city dam just north of Highway 73. We feel this can be done in coordinatibn with the prepara- tion for the reservoir. Our estimation of sand in area ~2 would exceed 300,0DD tons. Mr. ficGinnis, I would appreciate your earliest reply to this matter and am happy to meet with whomever you request. Respectfully, Everette J./McNeil, President EJfi: cm Enc: