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HYDRO27641
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HYDRO27641
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Entry Properties
Last modified
8/24/2016 8:47:04 PM
Creation date
11/20/2007 8:15:46 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1981010
IBM Index Class Name
Hydrology
Doc Date
6/1/1990
Doc Name
SITE ASSESSMENT FOR UNDERGROUND STORAGE TANK CLOSURE
From
TRAPPER MINING INC
To
CDOH
Permit Index Doc Type
NPDES
Media Type
D
Archive
No
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• <br />.~~.. <br />I am the chief financial officer of Trapper Mining Inc., P.O. Box 187, Craig, Colorado 81626. This letter is in <br />support of the financial test of self insurance to demonstrate financial responsibility for taking corrective <br />action and compensating third parties for bodily Injury and property damage caused by sudden accidental <br />releases and non-sudden accidental releases In the amount of at least $500,000 per occurrence and <br />$1,000,000 annual aggregate arising from operating underground storage tanks. <br />Underground storage tanks at the following facility are assured by this financial test by this owner. <br />Trapper Mining Inc., P.O. Box 187, Craig, CO 81626 <br />A financial test Is also used by this owner to demonstrate evidence of financial responsibility in the <br />following amounts under other ERA regulations or state programs authorized by EPA under 40 CFR parts <br />271 and 145: <br />EPA Regulations Amount <br />Closure $0 <br />Past-Closure Care $0 <br />Liability Coverage $0 <br />Corrective Action $0 <br />Plugging and Abandonment <br />TOTAL $0 <br />This owner has not received an adverse opinion, a disclaimer of opinion, or a `going concern" qualification <br />from an Independent auditor on his financial statements for the latest completed fiscal year. <br />Alternative I <br />1. <br />2. <br />3. <br />4. <br />Amount of annual UST aggregate coverage being assured by a financial test, and/or guarantee <br />$1,000,000. <br />Amount of corrective action, closure and post-closure care costs, liability coverage, and plugging <br />and abandonment costs covered by a financial test, and /or guarantee. ~9 <br />Sum of lines 1 and 2: <br />Total tangible assets: <br />$1,000.000 <br />$54.176.109 <br />5. Total liabilities 9if any of the amount reported on line 3 Is included in total liabilities, you may deduct <br />that amount from this line and add that amount to line 6): $30.319.861 <br />6. Tangible net worth (subtract line 5 from line 4): $23,856.246 <br />7. Is line 6 at least $10 million? Yep <br />8. Is line 6 at least 1D times line 3? Ye;: <br />.~ i <br />
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