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II. SUMMARY OF THE BOND RELEASE PROCESS <br />Summary of the Process <br />A bond release is initiated by submission of an application by the operator.4 This application was <br />received by the Division on November 14, 2005. <br />Certain people and agencies are Yo be notified of the application by the applicant. The applicant <br />made such notifications.5 <br />Notice of the application is to be published in a local newspaper by the applicant. The applicant <br />published such advisement 6 <br />An inspection of the site is made by the Division, to which certain people and agencies are <br />invited. Proper notifications were made and the inspection was held on June 7, 2006. <br />An opportunity for objections, comments, public hearings and informal conferences is provided.8 <br />Such an opportunity was provided, and no objections, comments, or requests for a public hearing <br />or informal conference were received. <br />A decision by the Division is proposed9, based on criteria appropriate to the Phase of the bond <br />release. Bond releases aze applied over three phases of reclamation. Phase I applies to backfill, <br />grading, and drainage control in accordance with the approved reclamation p1an10. Phase II <br />applies to establishment of vegetation which supports the approved postmining land use and <br />meets the approved success standard for cover and protects against erosion. ~ ~ Phase III applies to <br />successful completion of reclamation operations in accordance with the approved reclamation <br />plan, and satisfaction of final inspection procedures and requirements. iz <br />A period of public review and comment is provided, and if warranted, the decision becomes final <br />and the applicant will be allowed to reduce the bond by the approved amount. <br />° Section 3.03.2(1) <br />s Section 3.03.2(1) <br />e Section 3.03.2(1)(b) <br />~ Section 3.03.2(2) <br />$ Section 3.03.2(2) <br />9 Section 3.03.2(5) <br />10 Section 3.03.1(2)(a) <br />~ ~ Section 3.03.1(2)(b) <br />~z Section 3.03.1(2)(c) <br />Hayden Gulch Mine Page 5 July 31, 2006 <br />SL-04 <br />