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-4- <br />Proposed Decision <br />The Division finds, based on the findings contained in this document, that the <br />areas reclaimed at the Colowyo mine from 1978 - 1986, Located in Secions 2 and <br />3, T3N, R93W, are eligible for 60 percent release for successful completion of <br />backfilling and grading. In addition, 176.4 acres are eligible for 85 percent <br />release. These areas are detailed on map 34 contained in the permit <br />application. <br />Rule 3.03.1(3)(d) requires the Division to retain at a minimum, sufficient <br />bond to complete the approved reclamation plan. The Division has reviewed the <br />original bond calculations, and finds that sufficient bond is held by the <br />Division to allow for the proposed release as described above. <br />In summary, the Division proposes to release 60 percent of the liability on <br />the areas described above, for successful completion of backfilling and <br />grading. In addition, 85 percent of the liability is proposed to be released <br />on 176.4 acres as described on Map 34. The total amount of bond to be <br />released is E857,342.00. The amount of bond retained for these areas is <br />E221,363.00 and the total bond remaining for the entire permit area is <br />56,814,597.00. <br />srs <br />~ ~ <br />i~L• <br />~~ <br />7': <br />1382E <br />