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<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 />