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application. <br />The Division scheduled and conducted a bond release inspection on May 29, 2001 in accordance with <br />Rule 3.03.2(2). Persons who attended the inspection were Stephen Self representing Eastside, and <br />Daniel Hernandez, Janet Binns, and Byron Walker representing the Division. Claude Johnson, Jr. and <br />Helen Christine "Nell" Eldridge, representing landowners, were notified of the inspection by certified <br />mail, but did not participate in the inspection. No adequacy questions were raised as a result of the <br />onsite inspection. <br />The first bond release (SL-Ol, December 13, 1995) was for Phase I work [Rule 3.03.1(2)(a)]. This <br />second bond release (SL-02) request asks the current amount of bond coverage of $29,712 be reduced <br />to $11,142, a release of $18,570 [see Rule 3.03.1(2)(b)]. [The application was first submitted for a <br />$13,138 reduction from an incorrectly quoted bond amount of $24,280 to $11,142.] A recapitulation <br />of bonding status and this application is as follows (this Phase II bond release action is in italics): <br />Reclamation Bond Held Bond Released Minimum Bond Comments <br />Estimates Re uirement <br /> <br />$74,280 $74,280 $74,280 Initial estimate, <br /> a e 112 PAP <br />$15,915 $29,712 $44,568 $29,712 SL-O1, December <br /> 13, 1995. (Phase <br /> I 60% release) <br />$16,542 $29,712 $29,712 Permit Renewal <br /> Number 3 <br /> $24,280 $13,138 $11,142 This Phase 11 <br /> amended to amended to Bond Release <br /> $29,7126 $18,570 Ap lication <br /> $11,142 Phase II 85% <br /> release floors <br /> $10,000 Minimum <br /> retaina a floor° <br />$10,66 $10,66 Reclamation cost <br /> ~ floors <br />$10,668 $18,570 $11,142 Proposed <br /> Decision <br />Division estimate of the cost of remaining reclamation work <br />z 40% floor (60% of original estimate maximum allowance) for accomplished backfilling, grading <br />and drainage control <br />3 15% floor (85% of original estimate maximum allowance) for accomplished backfilling, grading, <br />drainage control and seeding (successful establishment of cover and potential for final success) <br />° Minimum bond coverage pending fmal bond release [Rule 3.03.1(4)] <br />Phase II Bond Release (SL-02), Eastside Coal Mine <br />15 August 2001 <br />Page 4 of 10 Pages <br />