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<br />I. PROCEDURES AND SUMMARY OF THE REVIEW PROCESS
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<br />With the SL-12 bond release application, CEC applied for Phase II and Phase III bond release of a
<br />portion of the Keenesburg Strip Mine under the Colorado Surface Coal Mining and Reclamation Act.
<br />CEC requested release of 30.55 acres and $98,287.00.
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<br />CEC has previously requested and been approved for eleven bond releases as follows:
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<br />1. Bond release SL-0l was approved on August 11, 1998, for Phase I release on 179 acres and
<br />Phase II release on 111 acres. The Division approved the release of $1,787,113.00 of the
<br />reclamation liability.
<br />2. A second bond release application, SL-02, was approved on September 1, 2005. Bond
<br />release SL-02 was a Phase I bond release on 51.76 acres. The Division approved
<br />$146,955.00 for release from the reclamation liability for Phase I bond release on ten
<br />reclamation parcels.
<br />3. A third bond release application, SL-03, was approved on April 18, 2006. Bond release
<br />SL-03 was a Phase II bond release on 53.90 acres. The Division approved the release of
<br />$157,573.80 of the reclamation liability for Phase II bond release on ten reclamation
<br />parcels.
<br />4. A fourth bond release application, SL-04, was approved on October 19, 2009. Bond release SL-
<br />04 was a Phase III bond release on 165.29 acres. The Division approved the release of
<br />$167,911.00 of the reclamation liability for Phase III bond release on 17 reclamation parcels.
<br />5. A fifth bond release application, SL-05, was approved on September 10, 2010. Bond release SL-
<br />05 was a Phase II bond release on 51.05 acres. The Division approved the release of
<br />$120,385.00 of the reclamation liability for Phase II bond release on 11 reclamation parcels.
<br />6. A sixth bond release application, SL-06, was approved on January 4, 2012. Bond release SL-06
<br />was a Phase III bond release on 42.29 acres. The Division approved the release of $44,735.78 of
<br />the reclamation liability for Phase III bond release on nine reclamation parcels.
<br />7. A seventh bond release application, SL-07, was approved on April 2, 2015. Bond release SL-07
<br />was a Phase I bond release on 27.10 acres. The Division approved the release of $342,547.09 of
<br />the reclamation liability for Phase I bond release on three reclamation parcels.
<br />8. An eighth bond release application, SL-08, was approved on February 8, 2016. Bond release
<br />SL-08 was a Phase I, II, and III bond release on 56.12 acres. The Division approved the release
<br />of $431,867.06 of the reclamation liability for Phase I, II, and III bond release of Areas P1 and
<br />P2, which had been approved for an industrial post-mining land use.
<br />9. A ninth bond release application, SL-09, was approved on September 6, 2018. Bond release SL-
<br />09 was a partial Phase I bond release on 19.38 acres. The Division approved the release of
<br />$16,418.87 of the reclamation liability for Phase I bond release of Areas 33 and 34.
<br />10. A tenth bond release application, SL-10, was approved on May 26, 2020. Bond release SL-10
<br />was a partial Phase II bond release on 29.84 acres. The Division approved the release of
<br />$23,298.95 of the reclamation liability for Phase II release of Areas 31, 32, and 33.
<br />11. An eleventh bond release application, SL-11 , was approved on December 1, 2022. Bond release
<br />SL-11 was a partial Phase I bond release on 101.28 acres. The Division approved the release of
<br />$383,157.00 of the reclamation liability for Phase I release of the B Pit, the reclaimed Long
<br />Term Spoil Area, roads, and other areas.
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