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Table 1 <br /> Maximum Bond Release Amounts per Rule 3.03.1(2) <br /> East Mine West Mine Loadout Total <br /> Phase I - 60% $1,759,323.06 $635,764.19 $1,803,873.21 $4,198,960.46 <br /> Phase II - 25% $733,051.28 $264,901.75 $751,613.84 $1,749,566.87 <br /> Phase III - 159 $439,830.77 $158,941.05 $450,968.30 $1,049,740.12 <br /> Total 1 $2,932,205.11 $1,059,606.99 1 $3,006,455.35 1 $6,998,267.43 <br /> The maximum release amount for SL-08 based on Rule 3.03.1(2),calculated using the percentage of <br /> area,is calculated as follows: <br /> • 69.9% * $158,941.05 = $111,168.43. <br /> (Note that 69.9%is rounded off from the 12.31/17.6 calculation.) <br /> Because this amount of$111,168.43 is greater than the amount from the cost estimate(discussed above), <br /> the proposed release amount for SL-08 is $60,430. <br /> Table 2 (next page) summarizes the initial liability and the eight bond release applications for the Bowie <br /> No. I Mine. <br /> Any person with a valid legal interest which might be adversely affected by this proposed decision may <br /> request a formal public hearing before the Mined Land Reclamation Board in accordance with Rule <br /> 3.03.2(6). Public notice of this proposed decision will be published twice in the Delta County <br /> Independent as soon as possible. Requests for public hearing must be submitted to the Division in <br /> writing within thirty days of the first publication in the Delta County Independent. If no hearing is <br /> requested within those thirty days,the Division's decision will become final. <br /> Pennit Number C-1981-038 Page 11 of 12 <br />