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<br />-- ---,-- <br />~_ <br />V. BONDING <br />~. <br />The Division currently holds Corporate Surety Bond No. 193717, ~- <br />issued by Frontier Insurance Co, in the amount of $172,923.00. The ' <br />Division has completed a review of the worst case reclamation cost <br />estimate, and determined that the current bond amount is sufficient <br />to cover the cost of reclamation of the existing disturbance, in <br />accordance with the approved reclamation plan. A copy of the <br />Division's cost estimate is enclosed. <br />As a result of recent downgrading of Frontier Insurance Company and <br />the termination of its certificate of authority by the U.S. <br />Treasury Department, the operator has been requested to provide a <br />replacement bond acceptable to the Division and OSM, no later than <br />September 15, 2000. Until Lodestar Energy, Inc. submits an <br />acceptable replacement bond, Frontier will remain obligated under <br />the bond. <br />10 <br />