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2020-07-06_GENERAL DOCUMENTS - C1994082
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2020-07-06_GENERAL DOCUMENTS - C1994082
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Last modified
7/7/2020 2:28:12 PM
Creation date
7/7/2020 2:26:00 PM
Metadata
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Template:
DRMS Permit Index
Permit No
C1994082
IBM Index Class Name
General Documents
Doc Date
7/6/2020
Doc Name Note
For SL7
Doc Name
Proposed Decision and Findings of Compliance
From
DRMS
To
Seneca Property LLC
Permit Index Doc Type
Findings
Email Name
RAR
JLE
Media Type
D
Archive
No
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II and III and, a partial Phase III bond release for the Yoast Mine. This proposed decision will <br />release the applicant from Phase II and Phase III liability in a combined action for vegetation <br />establishment suitable for the designated land use of grazing and wildlife habitat over 39.4 acres <br />of previously Phase I released lands. Phase 11 bond release for 315acres approved in the SU <br />submittal is requested as Phase III release in this permitting action SL7 for a total Phase III release <br />request for all liability associated with 354.4 acres previously approved for Phase I and II bond <br />release. <br />Table 8: Yoast Bond Release Status <br />rw� Bond Release Acreages <br />Total <br />Disturbed <br />Phase I <br />Released <br />Phase I <br />Remaining <br />Phase II <br />Released <br />Phase II <br />Remaining <br />Phase III Phase III <br />Released Remaining <br />SLI <br />850.5 <br />173.02 <br />677.48 <br />0 <br />850.5 <br />0 850.5 <br />SL2 <br />850.5 <br />456.70 <br />220.78 <br />0 <br />850.5 <br />0 850.5 <br />SU <br />850.5 <br />0 <br />220.78 <br />592.00 <br />258.50 <br />0 850.5 <br />SL4 <br />850.5 <br />115.5 <br />105.28 <br />0 <br />258.50 <br />0 850.5 <br />SL5 <br />850.5 <br />6.25 <br />99.03 <br />6.25 <br />252.25 <br />6.25 844.25 <br />SL6 <br />850.5 <br />76.5 <br />22.53 <br />0 <br />252.25 <br />275.4 568.85 <br />SL7 <br />850.5 <br />0 <br />22.53 <br />39.4 <br />212.85 <br />354.4 214.45 <br />The original performance bond for the SPL including revisions was $5,095,689.00. The current <br />performance bond comprises $5, 200,000. The most recent update of the reclamation liability for the <br />The Yoast Mine was completed in March 2017 during the Permit Renewal No. 4 (RN4) review <br />process. The current amount of surety held as per SL6 is $1,379,988.51. <br />For the partial Phase 11/III portion of this SL7 bond release, Rule 3.03.1(2)(c) states the remaining <br />portion of the bond amount shall be released when the permittee has successfully completed all <br />surface coal mining reclamation operations. Phase I release has been previously achieved on these <br />parcels, releasing 60% of the liability. $3,057,413.40 constitutes 60% of the original liability. The <br />partial Phase II/III portion of this SU bond release, is eligible for an additional 40% reduction. Per <br />Rule 3.03.1(2)(c), the Division may release up to $2,038,275.60 (40% of $5,095,689.00). The 39.4 <br />acres requested for Phase II/III bond release make up approximately 4.63% of the 850.5 total <br />disturbed acres. The Division proposes releasing $94,372.16 (4.63% of $2,038,275.60), for Phase II <br />reclamation of 39.4 acres. <br />For the Phase III areas requested in the SL7, Phase I and II release have already been achieved, <br />leaving 15% of the entire amount remaining. The 315 acres requested for Phase III bond release <br />make up approximately 37.04% of the 850.5 total disturbed acres. 15% of $5,095,689.00 amounts to <br />$764,353.35. The division proposes releasing $283,040.05 (37.04% of $764,353.35) for this SL7 <br />phase III bond release. <br />The total amount proposed for release in SL7 Phases II/III and III is $377,412.21, ($94,372.16 + <br />$283,040.05). <br />Division proposes to release $377,412.21 associated with the Phase II/III and Phase III portions of <br />this SL7 bond release. The remaining $1,002,576.30 ($1,379,988.51 - $377,412.21) is sufficient to <br />Permit Number C-1994-082 Page 22 of 23 <br />
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