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<br />8 <br />IV. PROPOSED DECISION <br />r <br />Based on the observations above, the Division proposes to approve Rocky Mountain Bank and <br />Trust's request for a Phase I & II bond release for the La Plata No. 1 Mine. This proposed <br />decision will release the applicant from liability for backfilling, grading, drainage <br />reestablishment, topsoil redistribution and establishment of vegetation for the entire site. <br />The Division holds a performance bond of $58,200 for the La Plata No. 1 Mine. The Division <br />proposes to release $49,470 (85%). The remaining $8,730 is sufficient to assure completion of <br />the remaining reclamation work at the site if the work had to be performed by the Division, <br />including the cost of reestablishing vegetation on any revegetated azeas, should those areas fail. <br />The Division estimates its cost to complete remaining reclamation work at the site to be $2,000. <br />Reclamation work which remains to be done at the site includes minor site maintenance as <br />required, weed control, spot reseeding. <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 in <br />accordance with Rule 3.03.2(6). Public notice of this proposed decision will be published twice <br />in the Durango Herald as soon as possible. Requests for public hearing must be submitted to <br />the Division in writing within thirty days of the first publication in the Durango Herald. If no <br />hearing is requested within that thirty days, the Division's decision will become final . <br />c~wrs~~aorrottE~ 12/14/95 <br />