Laserfiche WebLink
=~ - - <br />'. <br />- 6 <br />Here's how it works: <br />• The number of acres to be disturbed will determine the aimunt of bond. <br />• The surety oong:atLy sets a figure for reclamation, e. g., $4,000 per <br />acre plus another $1,000 per acre foY additional seeding and restoration. <br />• ~Le oonp<viy and operator agree on the nLanber of acres to be disturbed. <br />• Cale collar per ton of coal mined is placed in a collateral account Lentil <br />the exposure amwrLt is met. ` <br />'l~Lis way the operator Won't have t0 put Up any wllateral lIIltll he actually <br />begins to mine. And rn additional m~Ley is required unless he mines beyond the set <br />~~ge with inadequate reclamation. <br />The premiLan for the bond is the standard rate and is not surcharged. However, <br />if the company closes the mine for any reason and final restoration rprn,irements <br />have been met, the withheld collateral, with interest, will be returned. <br />The firm will monitor the horded cperatices. According ~ Leon Ellis, an <br />ewecutive with the American Druggist Inssance Ck>t~any, developers of the plan, ~ <br />his fizm has employed an agronondst who also happens to be a civil engineer to ~ <br />inspect the bonded operations once a month. She will "police" the mine area <br />regularly, Ellis said, to insure operations remain within the bonded area and <br />good reclaTn3tion practices are followed. Should cmq~arues fail to meet these re- <br />q+»*~++P*+ts, Ellis said, their operations will. be given five days notice, then <br />shut down. <br />FOR FURTHER INFORMATION ON THIS PROGRAM, CONTACT: Leon Ef.e.id, Am¢hi.can Dnugg.i.e.t <br />Inewcanc¢ Company, 1222 C.incC¢ Town &~i.Edi~Lg, Ind.Lanapo.Cia, Ind. 46204. <br />EDITOR'S NOTE: This .Ld ano.th¢lc .cn a e~tb ob .inbonma.2 nv_uie2¢.ttvlcd a,im¢d at h¢¢pi,ng <br />you ~.nbonmed as d¢v¢Popmenta .uL .unp2¢menti.ng .th¢ Surtbac¢ bluung Contno.C and R¢eCam- <br />ati,on Act. Ib you hav¢ any augg¢6x¢d .top~.eb bon. bwt~,n.¢ ,csau¢a, pZutb¢ dn.op a not¢ <br />ort c1T.f.2 PATRTCIA FOULK, Editoa, OSM Nu+w, Obb~.c¢ ob Pub2.ic Abba.ih,e, Obb~.c¢ ob Sunbac¢ <br />M.i,nuLg, U. S. D¢part.BnuT.t o6 .th.¢ Intel:.ion, waahi,ng.ton, D. C. 20240 (202) 343-4953/ <br />4119/508.0. <br />INT 5059-79 <br />unm nuuunnunw <br />~, <br />~~ <br />i) <br />