Laserfiche WebLink
The Division holds a performance bond in the amount of $80,517,829.00 for the Colowyo Mine. <br />The Division has calculated the amount associated with the Partial Phase I Bond Release area and it <br />totals $350,934.00. This Partial Phase I Bond Release is a release of the liability for performing the <br />required backfilling and grading work in the SL -11 area. The Division estimates its cost to complete <br />remaining reclamation work in the applicable area to be $9,115,134.00. This amount is sufficient to <br />assure completion of the remaining reclamation work in the applicable area if the work had to be <br />performed by the Division, including the cost of reestablishing vegetation on any revegetated areas, <br />should those areas fail. With the releasable amount of $350,934.00, the Division will still hold a <br />bond in the amount of $9,283,971.00 which is $168,837.00 more than the minimum required <br />liability to fully reclaim the remaining disturbed areas of the East and West Pit at the Colowyo <br />Mine. <br />Any person with a valid legal interest which might be adversely affected by this proposed decision <br />may request a formal public hearing before the Mined Land Reclamation Board in accordance with <br />Rule 3.03.2(6). Public notice of this proposed decision will be published twice in the Craig Daily <br />Press as soon as possible. Requests for public hearing must be submitted to the Division in writing <br />within thirty days of the first publication in the Craig Daily Press. If no hearing is requested within <br />those thirty days, the Division's decision will become final. <br />This concludes the Proposed Decision and Findings of Compliance for the Colowyo Mine Partial <br />Phase I Bond Release SL -11. <br />Proposed Decision and Findings of Compliance November 13 2017 <br />Partial Phase I Bond Release SL -11 Page 7 <br />