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Louis Head, New Elk Coal Company <br />Page 3 <br />December 9, 2014 <br />Rule 3.02.2 - Determination of Bond Amount <br />The final version of the RCE has been completed. The total liability is estimated as $4,122,800.00, which is <br />less than the current bond held ($4,133,137.00). <br />The Division's position is that a Cumulative Bond Schedule is neither necessary nor appropriate. <br />Finally, the proposed decision due date for TR68 is December 31, 2014. This date may yet need <br />to be extended again. Please contact me with any questions or problems. <br />Yours sincerely, <br />Leigh Simmons <br />cc. Ron Thompson <br />Gorham Energy Consultants <br />Enclosures: <br />State.co.us Executive Branch Mail - Re_ New Elk Mine; Proposed Permanent <br />Impoundments. Request for DWR Comments.pdf <br />