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Doc Date:12H 112001 {{ I I II I II ~ I I IIII II~ <br />SI~ 3.0 PERFORMANCE BOND REQUIREMENTS <br />3.02 Performance Bond Reouirements for Surface Coal Mining and <br />Reclamation Operations <br />This section defines the requirements for filing and maintenance of performance <br />bonds, addresses requirements for determination of bond amounts, identifies <br />acceptable bonds and conditions for acceptance of bonds, and provides <br />guidelines for bond release and procedures for bond foreclosure. <br />Consistent with applicable regulatory requirements, EFCI has filed and <br />maintains reclamation surety for the mine and loadout in the amount shown and <br />agreed to in Exhibit 20. The surety is payable to the State of Colorado and <br />covers all existing mining related surface disturbance within the EFCI permit <br />area. EFCI also maintains several separate surety bonds covering surface <br />disturbance associated with previous exploration drilling activities. <br />3.02.2 Determination of Bond Amount <br />EFCI has completed a detailed reclamation bond estimate to perform <br />reclamation of all existing and proposed disturbance during the term of the <br />permit. The estimate, and subsequent revisions and adjustments, was <br />submitted to the Division for review and documentation. <br />The Division completed an independent reclamation cost estimate, resulting in <br />the bond liability amount shown in Exhibit 20. Since the amount of bond <br />determined by EFCI and the Division was different, and EFCI agreed to the <br />amount determined bythe Division, the detailed bond estimate from the Division <br />is presented in Exhibit 20. EFCI maintains its current bond cost calculations and <br />relevant supporting documentation on file at th@ mine office. <br />3.0 - 1 Revised 11!12/97 <br />Technical Revision No. 29 <br />