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EXHIBIT L f/x III'll'II~IIIIIIIII <br />RECLAMATION COSTS <br />• Normally, this exhibit would contain information that would allow the calculation of <br />reclamation costs to implement the reclamation plan. That information is not provided in this <br />exhibit, at this time, for the following reason. <br />Just a few months ago the bond was reviewed by the Division and a new bond amount agreed <br />to and provided. That bond was calculated on the basis of the total amount of disturbed acreage at <br />that time. Since that time, Transit Mix Concrete has spread topsoil and placed under revegetation <br />approumately 40 acres of land that previously wes in major and moderate disturbance categories. <br />That is, approximately 40 acres of land that was in major and moderate disturbance was converted to <br />a minor disturbance category. The cenverted land was expected to be mined in the near future under <br />the plan approved in 1985 and had been stripped of soil in preparation for mining. But because it <br />would not be needed for approzimately 25 years under this plan, the soil was replaced and the land <br />reclaimed. After implementing this disturbance reduction program, Transit Miz did not request a <br />bond adjustment to lower the bond in recognition of the grading, topsoiling, and seeding of the <br />approximately 40 acres of land. <br />Transit Mix does not feel that, under these circ++*~~A~ces, any additional information is <br />needed as the entire operation was thoroughly reviewed by the Division in the last six months and <br />new bonds provided within the last three months. The results of those analyses and conclusions are <br />included in the permit file at the Division. <br />• The following page has a breakdown of the current reclamation bonds for both the Daniels <br />Sand Pit N2 and the Castle Concrete Sand Pit. As a result of the succession of operator and the <br />amendment the two operations will became one. At this time, Transit Miz agrees to apply the <br />combined bonds to the Daniels Pit N2, but reserves the right, as processing of the amendment <br />proceeds, to request a lower bond amount after submittal of supporting information. The bond <br />amounts prior to the recent adjustment are also shown on the following page. <br />• Reclamation Costs Page L-1 <br />