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reclamation liability for 68.79 acres of affected pre -law area (67.40 "Phase F acres and 68.79 <br />"Phase II" and "Phase III" acres.) <br />Currently, the acreage approved to be disturbed at the Peabody Sage Creek Mine is 1697.60 <br />interim program and permanent program acres previously permitted under the Seneca II Mine <br />permit, 79.56 Phase III - released acres approved to be re- disturbed under the Peabody Sage <br />Creek Mine permit as new permanent program acres, and 66.86 new permanent program acres <br />approved to be disturbed under the Peabody Sage Creek Mine permit, for a total of 1912.81 <br />disturbed area acres. Upon final approval of SL -02, the remaining Phase I, II, and III liabilities <br />will be as shown in Table 6. <br />Table 6 — Remaining Liability Acreage at the Peabody Sage Creek Mine <br />Remaining Liability Acreage After Bond Release <br />Interim and Permanent Program Areas (from Seneca II) <br />Phase I <br />Remaining <br />Phase II <br />Remaining <br />Phase III <br />Remaining <br />SL -1 <br />38.10 <br />90.2 <br />1697.6 <br />SL -2 <br />38.10 <br />90.2 <br />1697.6 <br />Pre -Law Areas <br />SL -1 <br />67.40 <br />68.79 <br />68.79 <br />SL -2 <br />0 <br />0 <br />0 <br />New Permanent Program Areas <br />SL -1 <br />146.41 <br />146.41 <br />146.41 <br />SL -2 <br />146.42 <br />146.42 <br />146.42 <br />The bond release parcel included in the PSCM SL -02 bond release application has been <br />evaluated for reclamation standards under previous Colorado laws prior to SMCRA reclamation <br />success criteria. The reclamation cost estimate was last evaluated and updated in March 2013 <br />during the Division's 2013 Midterm Review of the Peabody Sage Creek Mine permit. During <br />the Division's review of the pre - SMCRA and the 1986 Permit Renewal Decision, the phased <br />bond release does not apply, therefore the Division determined that there would be a total of <br />$285,484.00 withheld for the remaining 68.79 acres that did not meet the total bond release <br />criteria during the Seneca II Mine SL -2 bond release. Upon finalization of this bond release <br />application (SL -02), the Division estimates the cost to complete remaining reclamation work at <br />the site to be $3,636,389.73, the difference between $3,921,873.67 and $285,484.00 (SL -02). <br />The Division currently holds a $6,160,431.65 self bond, No. SB -007 for the Peabody Sage <br />Creek Mine, which is sufficient to assure completion of the remaining reclamation work at the <br />site if the work had to be performed by the Division. <br />Any person with a valid legal interest which might be adversely affected by this proposed <br />decision may request a formal public hearing before the Mined Land Reclamation Board in <br />accordance with Rule 3.03.2(6). Public notice of this proposed decision will be published <br />twice in the Steamboat Pilot for two weeks as soon as possible. Requests for public hearing <br />must be submitted to the Division in writing within thirty days of the first publication in the <br />Peabody Sage Creek Mine Page 12 January 30, 2014 <br />Full Bond Release <br />