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area 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. The remaining liability after those releases was $348,777.00, of which <br />$304,388.00 applies to the pit area and ponds, and $44,389 to the loadout area (facilities, <br />foundations, gravel, Yampa sediment pond). Partial approval of this Phase II bond <br />release request would lower the liability for the site to $204,192.00, a reduction of <br />$144,585.00. A detailed summary of applicable bond amounts follows in Table 3 of this <br />document. <br />Rule 3.03.1(3)(d) requires the Division to retain, at a minimum, sufficient bond to <br />complete the approved reclamation plan. The Division has reviewed the original <br />reclamation cost estimate and finds that sufficient bond is held by the Division to allow <br />for the proposed release. Reclamation obligations remaining at the site include: <br />1. Removal of four sedimentation ponds (Yampa, Upper (No. 2) and Lower <br />(No. 1) Pit Area, and Explosives Storage Area). <br />2. Removal of diversion and collection ditches in the pit area. <br />3. Removal of certain buildings, foundations, and gravel yard area at the <br />north end of the permit area (see November 1994 Mined Land <br />Reclamation Board Order). <br />The Division £nds that removal of the ponds, ditches, facilities, structures, gravel, and <br />revegetation of all permitted acres, if necessary, could be accomplished with the <br />remaining $204,192.00 when Phase II bond release is granted. <br />Phase III bond release may be granted upon the request from Sun Coal Company <br />accompanied by a demonstration that all remaining reclamation work has been <br />completed, reclaimed areas meet the vegetation requirements of Rule 4.15.8, and the <br />liability period, as required by Rules 3.02.3(b) and 3.02.3(c), has passed. <br />in accordance with Rule 3.03.2(5)(a), Sun Coal Company or any other person with a valid <br />legal interest which might be adversely affected by this proposed decision may request <br />a formal public hearing, before the Mined Land Reclamation Board, regarding this <br />proposed decision. Such a request must be received by the Division within thirty days <br />of the first publication (in the Steamboat P-lot) of the proposed decision. <br />A public comment period extends thirty days from the first publication of this proposed <br />decision, scheduled for publication in The Steamboat Pilot on or about September 28, <br />1995. If no objections are made, the Division's decision will become final at the end of <br />the public comment period. <br />Mcadows No. I Minc 9 Phase II Bond Release <br />