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<br />Proposed Decision and Findings of Compliance October 2018 <br />Partial Phase II and III Bond Release SL-14 Page 3 <br />Taylor Pit will be nearly 4,000 feet wide, 6,000 feet long, and 550 feet deep. Pit progression is <br />from east to west. Projected life of the South Taylor Pit is estimated to be until 2017 as per the <br />currently approved Map 23A, not including potential highwall mining, which could prolong this <br />schedule. Reclamation in the South Taylor Pit is expected to conclude in 2029. <br /> <br />In 2017, construction began for the Collom Pit expansion approved with PR-04. Current <br />activities are limited to the items detailed in Exhibit 13C of the Cololwyo PAP. <br /> <br />Permit, Performance Bond, and Bond Release History <br /> <br />The permanent program mining permit was issued on November 4, 1982. Seven successive <br />permit renewals have been approved subsequent to the initial permanent program permit <br />approval; the most recent, Permit Renewal No. 7, was issued August 14, 2018, for a permit term <br />that will expire November 5, 2022. The Division currently holds a reclamation bond, in the form <br />of a self-bond, in the amount of $108,025,721.00. <br /> <br />Colowyo has applied for twelve previous bond releases: <br /> <br />Previous Bond Release Summary <br />Bond Release Phase Submittal <br />Date Approval Date <br />SL-01 I and II 7/2/1987 10/8/1987 <br />SL-02 I 9/25/1997 4/27/1998 <br />SL-03 II 9/26/2000 8/15/2001 <br />SL-04 I and II 6/1/2010 7/25/2001 <br />SL-05 III 6/28/2010 7/25/2012 <br />SL-06 I 4/26/2012 4/9/2013 <br />SL-07 I 4/2/2013 8/29/2013 <br />SL-08 I 5/20/2015 1/7/2016 <br />SL-09 I 2/29/2016 9/28/2016 <br />SL-10 III 7/18/2016 1/12/2017 <br />SL-11 I 3/10/2017 11/13/2017 <br />SL-12 II and III 3/10/2017 12/7/2017 <br />SL-13 I 4/12/2018 8/30/18 <br /> <br />SL-14 Partial Phase II and III Bond Release Application <br /> <br />The SL-14 application was received by the Division on May 24, 2018 and deemed complete on <br />June 4, 2018. Colowyo published notice of the bond release application in the Craig Daily Press <br />once weekly for four consecutive weeks, beginning May 4, 2018 and ending on May 25, 2018. <br />Colowyo notified land owners within and adjacent to the mine permit area, the Office of Surface <br />Mining (OSM), the Bureau of Land Management (BLM), Colorado State Land Board (CSLB) and