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12 <br />Based upon 1996 sampling data, the 1986 reclaimed parcel and the 1987 reclaimed parcel both meet <br />the cover standard (90% of the total vegetative cover on the Osgood reference area). Although the <br />diversity standard is not completely satisfied by the 1996 sampling data, the Division finds the data <br />supports that the reclaimed community is progressing towards the final reclamation diversity standard <br />on the 1986 and 1987 reclaimed parcels (supports the approved postmining land use). <br />The Division finds that the reclaimed area subject to this bond release is not contributing suspended <br />solids to streamflow or runoff outside the permit area in excess of premining levels or in excess of <br />adjacent non-mined areas. <br />Areas for which Phase II Bond Release has been applied meet the criteria of Rules 3.03.1(2)(b) and <br />3.03.(3)(b). <br />Cost of Remaining Reclamation Work <br />The Division concludes that $2,334,441 is required for athird-party to successfully complete <br />reclamation work at the site. <br />Water Quality <br />The Division concludes that there is no pollution of surface or subsurface water occurring at the site, <br />and the probability of future occurrence of such pollution is low. <br />Bond Release Amount <br />The current amount of bond held is $4,402,022. Permit estimate demolition costs are $335,378 <br />[$249,500 + 10% contingency ($24,950) + 22.2% indirect costs (($249,500 + $24,950) x 22.2%)]. <br />The "applicable bond amount" with regard to Rules 3.03.1(2)(a) and (b) is $4,066,644 ($4,402,022 - <br />$335,378). <br />The portion of the "applicable bond amount" pertaining to Phase I bond releases [Rule 3.03.1(2)(a)] <br />is $2,439,986 (60% of $4,066,644). The portion of "applicable bond amount" pertaining to Phase II <br />bond releases [Rule 3.03.1(2)(b)] is $1,016,661 (25% of $4,066,644). The portion of "applicable <br />bond amount" pertaining to Phase III bond releases [Rule 3.03.1(2)(c)] is $609,997 (15% of <br />$4,066,644). <br />The total value of demolition of the coal storage bin, tunnels and loadout facility was estimated as <br />$121,823 (including contingency and administration costs). This demolition work is proposed to be <br />released via this proposed decision. <br />A credit for 1,560,118 cubic yards (cy) of earthwork is proposed (zero swell from bank, bulk, to <br />11 August 98 <br />