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<br />Mr. Greg McKennis -2- June 25, 1991 <br />This figure was rounded down to the existing bond amount of X40,000.00 held <br />by the Division. No additional surface disturbance has been permitted since <br />the estimate was completed, therefore, the existing bond is sufficient. Anv <br />additional disturbance would likely require the posting of additional bond by <br />Eastside Coal Company. <br />I would also like to comment about the adequacy of the Mid-Continent Bond, <br />an issue which was raised in your correspondence. The Division estimated the <br />cost to reclaim the site during our recent mid-term review process. We <br />estimated that the bond amount should be set at 52,993,000.00. The State <br />currently holds a Deed of Trust in the amount of s3, 000, 000.00. These are the <br />facts which the staff presented to the Colorado Mined Land Reclamation Board <br />in May, 1991. We have not testified, nor do we believe that the Coal Basin <br />site is underbonded. <br />Please feel free to contact me if you have questions or comments. <br />Sincerely. <br />Steven G. Renner <br />Coal Program Supervisor <br />SGR/eke <br />cc: David L. Bucknam, MLRD <br />Larry P. Routten, MLRD <br />6673E <br />