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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 1 - 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 $2,932,205.11 $1,059,606.99 $3,006,455.35 $6,998,267.43 <br /> The maximum release amount for SL-09 based on Rule 3.03.1(2), calculated using the percentage of <br /> area, is calculated as follows: <br /> 0 60.3% * $439,830.77= $265,217.95. <br /> Because this amount of$265,217.95 is less than the amount from the cost estimate (discussed above), <br /> the proposed release amount for SL-09 is $265,217.95. <br /> Table 2 (next page) summarizes the initial liability and the nine bond release applications for the Bowie <br /> No. 1 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 /> SL-09 Findings,Permit C-1981-038 Page 11 of 12 <br />