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Mr. Jeff Deckler <br />October 21, 1985 <br />Page 6 <br />SUN COAL COMPANY'S BOND OBLIGATIONS _ asstanin4 30AS failure: <br />RECLAMATION COSTS FOR CC[~LETED ACTIVITIES <br />Topsoiling $ 18,298.50 <br />Revegetation <br />Fertilizers 1,732.50 <br />Seeding 7,497.60 <br />Mulching 9,817.50 <br />Fencing <br />TOTAL RECLAMATION COSTS <br />9,025.00 <br />$ 46.371.10 <br />ESTIMATED COSTS TO COMPLETE MONITORII <br />Revegetation Monitoring <br />(4th & 9th years) $ <br />Water Quality Monitoring <br />($1,000/yr for 10 yrs) <br />Backfill & Grading Monitoring <br />Sedimentation Porn Reclamation <br />J('i & RECLAMATION ACTIVITIES <br />20,000.00 <br />10,000.00 <br />10,000.00 <br />20,000.00 <br />TOTAL ESTDMATED COSTS TO COMPLETE <br />MONITORING & RECLAMATION OBLIGATIONS $ 60,000.00 <br />TOTAL RECLAMATION COST OBLIGATION $ 106,371.00 <br />CMLRD 30AS Administration Casts $ 10,637.10 <br />TOTAL BtlD OBLIGATIONS $ 117.008.20 <br />Based an this ecenerio, the bowl amount to cover actual reclamation costs <br />should be between $117,008.20 and $200,414.50. <br />Colorado Mined Lard Reclamation Division currently possesses a Barad in <br />the amount of $1,780,000.00. Under existing regulations, the State is <br />only able to release 85AS of the total band, which in this case amounts to <br />$1,513,000, and retains 15AS as the long term obligation, which amounts to <br />$267,000.00. <br />l IF- J. 1. ^v Ll Y.l <br />~'~~1Y-I <br />