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IV. PROPOSED DECISION <br />Based on the observations above, the Division proposes to approve Sun Coal Company's <br />request for a Phase III bond release for the Grassy Creek Coal Company pit azea at the <br />Meadows No. 1 Mine. Upon final approval, this proposed decision will release the <br />applicant from all liability for reclamation work at the pit area owned by Grassy Creek <br />Coal Company. <br />The specific area proposed for release is the portion of the pit azea owned by Grassy <br />Creek Coal Company, as shown on Map 1 of this document. The area for release <br />encompasses approximately 76 acres. <br />The original performance bond required for the Meadows No. 1 Mine was $1,780,000.00. <br />Phase I bond release of $456,583.00 was granted for backfilling and grading of the pit <br />azea on June 12, 1986. A partial release of $745,340.00 was granted for the haul road <br />on October 3, 1986. A final bond release ($229,300.00) was approved for the haul road <br />on March 9, 1989. A Phase II bond release of $144,585.00 was granted on October 27, <br />1995, for the portion of the pit azea owned by Grassy Creek Coal Company. Phase I, II, <br />and III release in the amount of $44,389 was granted for the loadout area on February <br />17, 1996. Current liability on the site is $159,803.00, all of which applies to the pit area <br />and sediment ponds. Approval of this release of $86,750.00 would relieve Sun Coal <br />Company of all reclamation liability on lands owned by Grassy Creek Coal Company. <br />A detailed summary of performance bond liability and release amounts follows in Tables <br />1 and 2 of this document. <br />The Division currently holds a performance bond of $159,803.00. The current <br />reclamation liability at the site is $159,803.00. The Division has also, concurrent with this <br />proposal to release bond on the Grassy Creek Coal Company property, proposed to <br />release $73,053.00 for the pit area owned by the Eiltses. Based on the observations and <br />findings above, the Division proposes to release the remaining $86,750.00. <br />Any person with a valid legal interest which might be adversely affected by this proposed <br />decision may request a formal public hearing before the Mined Land Reclamation Board <br />in accordance with SeMion 3.03.2(6). Public notice of this proposed decision will be <br />published twice in the Steamboat Pilot as soon as possible. Requests for public hearing <br />must be submitted to the Division in writing within thirty days of the first publication in <br />the Steamboat Pilot. If no hearing is requested within that thirty days, the Division's <br />decision will become final. <br />Meadows No. 1 Mine 10 Phase In Bond Release <br />