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EXHIBIT L <br /> RECLAMATION COSTS <br /> The reclamation costs are based on unit prices for projects of similar scope. <br /> When Phase I is completed, the perimeter of the property will consist of a long narrow trench <br /> sloped 3H:1 V and vegetated on the outside and a 1/21-1:1 V on the inside. The highwall face <br /> created in Phase 2 will get shorter in length as mining progresses north. However it will remain <br /> there until the last phase has been completed. <br /> While in Phase 2 Connell will mine from north to south in strips that progress from west to cast. <br /> Topsoil and overburden stockpiling will be minimal since they will be backfilling to the edge of <br /> the reservoir. As they progress in Phase 2 they will be in various stages of mining and <br /> reclaiming. This includes stripping, excavating, backfilling, topsoiling and planting vegetation. <br /> If Connell defaults during Phase 2 the disturbance in Phase 1 and 2 will need to be reclaimed. <br /> TABLE L-I SUMMARY OF RECLAMATION COSTS <br /> Description Item <br /> Cost <br /> Disturbance Cost Total $ 82,820.00 <br /> Contractor MOB/DEMOB(8.0%) $ 6,625.60 <br /> Overhead (18.5%) $ 15,321.70 <br /> Adminstrative(5.0%) $ 4,141.00 <br /> Total Proposed Bond $ 108,908.30 <br /> Disturbed Acreage (Acre) 67.2 <br /> Bond Cost Per Acre($/Acre) $ 1,621.00 <br />