2015-04-24_GENERAL DOCUMENTS - C2009087

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Table 6 — Remaining Liability Acreage at the Peabody Sage Creek Mine Remaining Liability Acreage After Bond Release Interim and Permanent Program Areas (from Seneca II) Phase I Remaining Phase II Remaining Phase III Remaining SL -1 38.10 90.2 1697.6 SL -2 38.10 90.2 1697.6 SL -3 38.10 90.2 671.6 Pre -Law Areas SL -1 67.40 68.79 68.79 SL -2 0 0 0 New Permanent Program Areas SL -1 146.41 146.41 146.41 SL -2 146.42 146.42 146.42 SL -3 146.42 146.42 146.42 The original performance bond for the Peabody Sage Creek Mine was $5,466,264.00. The most recent update of the bond liability was completed on February 20, 2013 during the 2012 Midterm Review process and the Division determined that the estimate of liability at the Peabody Sage Creek Mine was $4,954,779.00. Division previously released $995,884.55 with SL -01 and $285,484.00 with SL -02. The current required liability amount is $3,636,389.73. The Division currently holds a performance bond of $4,420,284.46 for the entire Peabody Sage Creek Mine (Permit No. C- 2009 -087). The areas that are the subject of this bond release application (SL -03 for Permit No. C- 2009 -087) were once permitted under the Seneca Coal Company Seneca II Mine (Permit No. C- 1980 -005), and had achieved Phase II bond release while still under the Seneca II permit. At the time these areas achieved Phase II bond release, the Division determined the remaining Phase III liability for these areas to be $865,509.00. In October 2014, the Division updated the reclamation costs for these Phase II bond - released areas, and determined that the $865,509 remaining Phase III liability should be revised downward to $374,491.00. Therefore, under this SL -03 Phase III bond release application for the Peabody Sage Creek Mine (Permit No. C- 2009 -087), the Division proposes to release this $374,491.00 of remaining Phase III liability. The remaining $4,045,793.46 is sufficient to assure completion of the remaining reclamation work at the site if the work had to be performed by the Division, including the cost of reestablishing vegetation on any revegetated areas, should those areas fail. The Division estimates its cost to complete remaining reclamation work at the site to be $3,261,899.00. Any person with a valid legal interest which might be adversely affected by this proposed decision may request a formal public hearing before the Mined Land Reclamation Board in accordance with Rule 3.03.2(6). Public notice of this proposed decision will be published twice in the Steamboat Pilot as soon as possible. Requests for public hearing must be submitted to the Division in writing within thirty days