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Summary and Conclusions <br /> The Division has completed its review and evaluation of the SL-22 partial Phase II Bond Release <br /> application submitted by Colowyo for the Colowyo Coal Mine. The Division proposes to approve <br /> this Partial Phase 11 Bond Release on 148.4 acres for portions of the East and West Pits. Based <br /> upon a review of the mine permit,the applicant's bond release application, and site inspections, the <br /> Division finds that Colowyo has completed topsoil replacement and vegetation cover requirements <br /> per Rule 3.03.1 and Coloywo's PAP. The Division finds that Colowyo has achieved the <br /> requirements for partial Phase 11 Bond Release at the Colowyo Coal Mine. <br /> V. PROPOSED DECISION <br /> Based on the observations in Section IV above, the Colorado Division of Reclamation, Mining and <br /> Safety proposes to approve Colowyo's request for a partial Phase 11 bond release for the Colowyo <br /> Coal Mine. This proposed decision will release the applicant of Phase 11 reclamation liability on <br /> 148.4 acres for portions of the East and West Pits, as shown on Figure 1 at the end of this document. <br /> The Division holds a performance bond in the amount of$130,000,000.00 for the Colowyo Coal <br /> Mine. The Division has calculated the amount associated with the partial phase II bond release area <br /> and it totals $537,225.00. The Division estimates its cost to complete remaining reclamation work <br /> at the Colowyo Coal Mine to be $117,265,293.00. This amount is sufficient to assure completion of <br /> the remaining reclamation work to the Colowyo Coal Mine if the work had to be performed by the <br /> Division, including the cost of reestablishing vegetation on any revegetated areas, should those <br /> areas fail. <br /> With the releasable amount of$537,225.00, the Division will still hold a bond in the amount of <br /> $130,000,000.00 which is $12,734,707.00 more than the minimum required liability to fully reclaim <br /> the remaining disturbed areas at the Colowyo Coal Mine. <br /> Any person with a valid legal interest which might be adversely affected by this proposed decision <br /> may request a formal public hearing before the Mined Land Reclamation Board in accordance with <br /> Rule 3.03.2(6). Public notice of this proposed decision will be published twice in the CraigDaily <br /> Press as soon as possible. Requests for public hearing must be submitted to the Division in writing <br /> within thirty days of the first publication in the Craig Daily Press. If no hearing is requested within <br /> those thirty days, the Division's decision will become final. <br /> This concludes the Proposed Decision and Findings of Compliance for the Colowyo Coal Mine <br /> Partial Phase II Bond Release SL-22. <br /> Proposed Decision and Findings of Compliance November 3,2023 <br /> Partial Phase 11 Bond Release SL-22 Page 8 <br />