2012-02-28_REVISION - M1980244 (63)

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There are no notable changes to traffic patterns on Teller County roads associated with implementation of MLE2. A revised traffic study is provided as Attachment 5 to this application. Blasting and associated seismic monitoring will continue as per approved practices. Specific blasting scaled distance information was developed for the Amendment No. 8 Cresson Project and is applicable to the proposed MLE2 activities. Air quality is regulated under CC &V's facility wide air quality permit issued by the Colorado Department of Public Health and Environment. CC &V continues to monitor air quality at the Rigi Monitoring Station in accordance with the monitoring requirements of the permit. An application for modification of the air quality permit is being requested as part of this permitting. As discussed in Attachment 1 of this application, Teller County will be kept informed of permit changes with copies of any new issued permits. There are no new proposed water discharge permits or water related permits required for MLE2. The site -wide storm water designs have been updated and the design report is included as Attachment 10. The Storm Water Management Plan will be updated to address changes in the mining plan. CC &V's current operations are an economic driver in Teller County. Total direct and indirect/induced employment in Teller County resulting from the current 2011 operations equals 993 jobs. The 993 jobs result from operations and maintenance, exploration drilling, severance tax payments, royalty payments, contributions, and reclamation expenditures. Of the 993 jobs, 794 jobs result just from the operations and maintenance expenditures. Total 2011 direct and induced earnings in Teller County equals $31,922,000. Regional and statewide total employment effects are 2,194 and 4,444 jobs respectively. Direct and induced regional earnings effects equaled $69,932,000 in 2011, while statewide earnings effects totaled $153,763,000. The $79,700 average 2011 employee wage and benefit package offered by CC &V is about twice the estimated 2011 median wage and benefit package of $38,961 ($30,992 wages plus assumed 25.7% benefit package) for all private sector industries in Teller County. As part of this MLE2 application, an updated socio- economic analysis was conducted as found in Attachment 11. Implementation of MLE2 also will be an economic driver in Teller County. In summary, over $15.9 million in contributions and grants are expected to be donated by CC &V to local communities from 2011 through 2025, when active mining is currently scheduled to cease. Residents of the region could expect over $155 million in royalty payments from 2011 through 2025. Teller County and its municipalities can expect to receive over $4.3 million in sales tax revenue from 2011 through 2042 ($1.2m to County, $3.1m to municipalities). Municipal and county governments in the Region can expect about $12.9 million in sales tax revenues, while municipal and county governments statewide can expect about $28 million. The State of Colorado itself is forecasted to receive over $24.0 million in sales tax revenues as a result of CC &V's mining activities.