<br />Eckman Park Bond and Liability
<br />action acres
<br />SL Eckman 2,397.90 Phase I
<br />SL-01 block A
<br />SL-02 block B
<br />SL-03 block C
<br />SL-04 block D
<br />SL-05 51W 861
<br />313 Phase
<br />II/III
<br />172 Phase
<br />II/III
<br />173 Phase
<br />II/III
<br />164 Phase
<br />II/III
<br />601 Phase I
<br />SL-O6 Mine 2
<br />477.4 Phase
<br />II/III
<br />MR-88 Trudy's corner 1.5 Transfer
<br />SL-07 Eckman BMine 1 2884.5 phase II
<br />SL-07 Area 41 224.4 Phase III
<br />date bond held
<br />$10,585,393
<br />AP 9/01/87
<br />DN 7118/94
<br />DN 6/8/95
<br />AP
<br />11/19/96
<br />DN 6/8/95
<br />AC
<br />12/6/96
<br />AP
<br />3/30/98
<br />AP 9/98
<br />$5,939,550
<br />
<br />released
<br />($1,705,393)
<br />($62,600)
<br />($34,400)
<br />($34,600)
<br />($32,860)
<br />($4,645,843)
<br />($95,480)
<br />($2,346)
<br />($2,494,992)
<br />($45,640)
<br />not released
<br />reclamation
<br />liability
<br />$10,585,393
<br />$8,880,000
<br />$8,845,400
<br />$4,199, 557
<br />$4,104,077
<br />$4,101,731
<br />$1,561,099.05
<br />Based on the observations above, the Division proposes to release $2,540,632.00 in reclamation liability
<br />for those areas considered for partial Phase II and partial Phase III bond release in this application. The
<br />Division has previously approved bond liability release of $1,835,473.00 (SL, SL-03, and SL-O6) that the
<br />permitee has elected not to submit a rider to reduce the bond by the approved amounts. Should CYCC
<br />elect to reduce its bond by $4,376,105.00 ($2,540,632 plus $1,835,473.00), the remaining $1,561,099.00
<br />would be sufficient to assure completion of the remaining reclamation work on the remaining portions of
<br />the Eckman Pazk Mine and Energy Mine No. 1 area if the work had to be performed by the Division,
<br />including the cost of reestablishing vegetation on any revegetated areas, should those areas fail. The
<br />Division estimates its cost to complete remaining reclamation work at the site [o be $256,007.00.
<br />Costs are retained in the reclamation estimate to account for reseeding of the Eckman Park and Mine
<br />No. 1 areas, and maintenance of the permit area until final bond release is granted.
<br />Any person with a valid legal interest which might be adversely affected by this proposed decision may
<br />request a formal public hearing before the Mined Land Reclamation Board in accordance with Rule
<br />3.03.2(6). Public notice of this proposed decision will be published twice in the Steamboat Pilo[ as soon
<br />as possible. Requests for public hearing must be submitted to the Division in writing within thirty days of
<br />the first publication in the Steamboat Pilot. If no hearing is requested within that thirty days, the
<br />Division's decision will become final.
<br />L'olomdo Yampa Coal Company: SL07 Findings I 1/00 page 14 c:\jhb\CO81071\SL07(nd.doc
<br />
|