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Summary and Conclusions <br />Based upon a review of the mine permit, the applicant's bond release application, and site inspections, <br />the Division finds that Peabody Sage Creek Mining, LLC has successfully completed all surface coal <br />mining reclamation operations in accordance with the approved reclamation plan and met all <br />requirements of the Act and the Rules. <br />Pond 004, which is included in SL -4, is to remain as a permanent impoundment. Provisions for sound <br />future maintenance by the permittee or landowner have been made, in accordance with Rule <br />3.03.1(3)(c). <br />IV. PROPOSED DECISION <br />Based on the observations above, the Division proposes to approve Phase III bond release for 418 acres <br />of 422 acres originally requested by Peabody Sage Creek Mining, for the Peabody Sage Creek Mine. <br />This proposed decision will release the applicant from all reclamation liability associated with 418 acres <br />of the 671.6 acres interim program and permanent program acres previously permitted under the Seneca <br />II Mine Permit, leaving 253.6 acres that will still need to achieve Phase III bond release. <br />Table 3 — Remaining Liability Acreage at the Peabody Sage Creek Mine Post SL -4 <br />The original performance bond for the Peabody Sage Creek Mine was $3,077,335.00. The Division <br />currently holds a performance bond of $3,356,429.28. Based on the observations above, the Division <br />proposes to release $234,374.51. The Division updated the reclamation cost estimate with costs updated <br />in June 2017 to reflect 2017 CRG, Means and CDOT rates. The SL -4 RCE includes revegetation costs <br />and indirect costs associated with the requested release of 418.0 acres of Phase III lands. The <br />revegetation costs associated with what was identified as Bond Release Block 4 (BRB4) is identified as <br />C-2009-087 Page 13 of 14 <br />Remaining Liability Acreage After SL -4 <br />Interim and Permanent Program Areas (from Seneca II) <br />Phase I <br />Remaining <br />Phase II <br />Remaining <br />Phase IIII <br />Remaining <br />SL -1 <br />38.1 <br />90.2 <br />1697.6 <br />SL -2 <br />38.1 <br />90.2 <br />1697.6 <br />SL -3 <br />38.1 <br />90.2 <br />671.6 <br />SL -4 <br />38.1 <br />90.2 <br />253.6 <br />Pre -Law Areas <br />SL -1 <br />67.4 <br />68.79 <br />68.79 <br />SL -2 <br />0 <br />0 <br />0 <br />New Permanent Program Areas <br />SL -1 <br />146.41 <br />146.41 <br />146.41 <br />SL -2 <br />146.42 <br />146.42 <br />146.42 <br />SL -3 <br />146.42 <br />146.42 <br />146.42 <br />SL -4 <br />146.42 <br />146.42 <br />146.42 <br />The original performance bond for the Peabody Sage Creek Mine was $3,077,335.00. The Division <br />currently holds a performance bond of $3,356,429.28. Based on the observations above, the Division <br />proposes to release $234,374.51. The Division updated the reclamation cost estimate with costs updated <br />in June 2017 to reflect 2017 CRG, Means and CDOT rates. The SL -4 RCE includes revegetation costs <br />and indirect costs associated with the requested release of 418.0 acres of Phase III lands. The <br />revegetation costs associated with what was identified as Bond Release Block 4 (BRB4) is identified as <br />C-2009-087 Page 13 of 14 <br />