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Midterm Review are $1,737.607.00. This is more than the indirect costs of$1,240,139.00, <br /> calculated for Permit Renewal No. 7. <br /> SECTION IV—MIDTERM ADEQUACY QUESTIONS <br /> The Division has identified the following Adequacy Item during the Midterm No. 8 review; <br /> 1. The Division has updated the reclamation cost estimate with this midterm review. The <br /> Division has calculated the cot to reclaim the Deserado Mine to be $8,919, 442.00. The <br /> Division currently holds a bond of$6,600,000.00 in the form of a corporate surety. The <br /> submittal of additional bond monies to the Division to total the amount of$8,919,442.00 <br /> is required. <br /> Pursuant to 2.08.3, the Division finds that the permit application C-1981-018 contains no further <br /> deficiencies at this time, following the review for the purpose of fulfilling the requirements of the <br /> Colorado Surface Coal Mining Reclamation Act, and the Regulations of the Colorado Mined <br /> Land Reclamation Board for Coal Mining. <br /> Deserado Mine -6- 12/21/2022 <br />