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Seneca II West, C1982-057, RN6, PAR <br />S1Page <br />11. The Division has updated the reclamation cost estimate associated with the Seneca <br />H 1J'est permit. The updated reclamation cost liability for the Seneca H TVest Mine <br />is ,4,046, 578.00. The previously approved reclamation liability with the approval <br />of SLS rias $4, 929, 064.00. The di fference of these values are attributed to <br />reduction in diaration of some of the tasks, for example site maintenance, .sediment <br />pond cleaning -based on data submitted bl, Seneca Property, LLC, and correction <br />of unit costs. Seneca Property, LLC is currently approved.for a self -bond in the <br />amount of 55,818,456.00. A copy of the estimate is attached. <br />SP replaced the self -bond with a corporate surety in the amount of $5,818,456.00 <br />on April 1, 2016. On September 19, 2016, SP requested a bond reduction based <br />upon the RN6 reclamation cost estimate conducted by the Division. The Division <br />responded SP may request a bond reduction as a TR after the approval of RN6. <br />Based upon information told to the Division inspector during the fall of 2016, a new <br />landowner has purchased property formerly owned by the John Ricks Family Trust. As a <br />result of this information the Division has this additional adequacy concern: <br />12. Please update the surface ownership map, Exhibit 3-1, Tab 3, land owner <br />information, and right of entry agreement with the name and address of the new <br />landowners on the property formerly owned by the John Ricks Family Trust. <br />In accordance with SP's request, the proposed decision date has been extended until <br />January 20, 2017. This should allow time for SP to respond to the remaining adequacy <br />concerns, items 10, and 12. <br />Sincerely, <br />(r -- <br />Janet H. Binns <br />Environmental Protection Specialist III <br />OF ozo <br />1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.356710 <br />