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u <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />DepanmeM of Natural Resources <br />1313 SFxmlan St., Roan 215 <br />Denver, Colorxb 80203 <br />PF,°ne: (303) fl6b3567 <br />FAX: (303)832-0106 <br />COLORADO <br />OIYISION OF <br />MIN RALS <br />GEOLOGY <br />iiCLAMATION•NININO <br />fAriTY•SCIW[t <br />81~~ OWPJIS <br />Seneca Coal Company co.imor <br />Seneca II-W Mine C-82-OS7 waidicewge <br />Permit Renewa104 r,mamw ofrcmr <br />IS August 2005 ~ `" <br />JRS wruY~ A!'m111Q Truax <br />Task 044 Dredge Sediment Ponds $481,500.80 <br /> <br />In May of 2001, in conjunction with Permit Renewal 03, Seneca Coal Company <br />estimated that the cost to mobilize a dredger and pump ponds 005, 006, 009, 015 and 016 <br />would be $312,663.00. The Division agreed with this estimate. In the new estimate, with <br />the addition of ponds OI6A and 017, the Division has increased this estimate by 40% to <br />account for the 40% increase in the number of ponds to be cleaned and increased it an <br />additional 10% to account for inflation. <br />($312,663.00) x (1.4) x (l.l) _ $481,500.80 <br />• <br />