REV94554 - Laserfiche WebLink

Home Browse Search

[, ~ \ • C-81-071: Sf.02. Mr. Rick Mills 2 • • Colorado Yampa Coal Company is requesting a reduction in the bond of $6,353,035.00, from the current $10,585,393.00 the Division currently holds. This figure represents an overall reduction of 60% from the original bond amount in accordance with Rule 3.03.1(2)(a). The Division has already released liability of $1,705,393.00 from the $10,585,393.00. By statute, a maximum of 60% of the original bond may be granted release for completion of backfill and grading operations (Phase I Release). The remaining bond held after Phase i Release must equal a minimum of $4,234,157.00, or the cost estimated to complete all remaining reclamation work. Therefore, the monetary amount actually being requested for release would equal $4,645,843.00, not $6,353,035.00 as stated in Colorado Yampa Coal Company's letter dated July 19, 1996. • No legal description of the lands being requested for release was included in the bond release package, although a general location map and post-mining topography maps, 48A, Area 60 regraded topo, and Area 61 regraded topo, are included in the package. The Area 60 and Area 61 maps provide a township and range description, Townships S and 4 North, Range 86W. The section numbers on the general location map are indecipherable. Please provide a clear legal description of the lands being requested for bond release. • Post-mining topography maps, 48A, Area 60, and Area 61, have been provided along with cross section maps. A certified copy of Map 48A, as required by Rule 2.10.3(2), is included in the permit. • The bond release application indicates that final grading of area 51 and 61 was completed in 1991. • Communications between the Division :tnd CYCC regarding grading contours have been included with the application. • Copies of notices sent to parties identified in Rule 3.03.2(1) have been included in Appendix B of the bond release application. • A copy of the proposed newspaper advertisement was included in the bond application package. The publication of the public notice initiated on July 25, 1996, ran for four consecutive weeks, with the final publication on August 15, 1996 in accordance with Rule 3.03.2(1)(b). Proof of publication was received by the Division, via fax, on August 25, 1996.