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<,. <br />ROCKCASTLE/CMLRD DRAFT AGREEMENT <br />PMH&S DRAFT 6/6/90 <br />a monthly basis pursuant to the procedures of 2 CCR 407-2, Rule <br />3.03.2, following site inspection and/or review of records <br />describing completed reclamation activities which may be submitted <br />by Rockcastle. The amount of any proposed release will be based <br />upon the amount of material returned to Pit 4 and any other <br />reduction in bond liability as set forth in this Agreement. <br />2. Rockcastle and the Division agree that the bond amount <br />associated with backfilling and grading and retopsoiling Pit 4 will <br />be released on a per/yard basis as follows: <br />a. The bonded reclamation liability for backfilling and <br />grading and retopsoiling Pit 4 is $485,538. This amount is <br />determined by subtracting the reclamation costs set forth in § V(3) <br />of this Agreement from the current $572,000 bond amount. <br />b. The Division and Rockcastle agree that the <br />approximate amount of overburden and topsoil material required to <br />fill Pit 4 is 585,000 cubic yards. <br />c. The "Per Yard Amount" is $0.83/cubic yard. The Per <br />Yard Amount was determined by dividing the bonded reclamation <br />liability in § V(2)(a) by the amount of material described in § <br />V(2)(b). <br />8 <br />