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~. <br />12 <br />to be moved in order to achieve the postmine topography, and make any <br />necessary changes to the reclamation cost estimate. <br />c. During construction of the West Pit pond, the capacity of the pond was <br />increased over that which was originally designed. It does no appear that the <br />cost to reclaim the pond was consequently revised. Please review the <br />estimated volume of material to be moved (in the currently approved <br />reclamation cost estimate) and revise the estimate as necessary. <br />Section VIII- Bond Summarv <br />A review of the bond file for the Colowyo Coal Mine indicates that $18,381,946.00 is being <br />held by the Division for reclamation. A summary of the bonds held is given below. <br />Bond Number <br />14-95-66 <br />(March 3, 1995) <br />14-95-65 <br />(March 3, 1995) <br />Bond Company Princioa[ Bond Amount <br />American Home Assurance <br />Colowyo Coal Co. $16,723.00 <br />American Home Assurance <br />46520380BCA Ae[na Casualty Surety Co. <br />(February 8, 1994) <br />Colowyo Coal Co. $9,617,818.00 <br />Colowyo Coal Co. $8,747,405.00 <br />The Division initially approved a Corporate Surety Reclamation Bond in the amount of <br />$4,500,000 on November 4, 1982. On January 15, 1986 Colowyo submitted a Rider to its <br />existing bond increasing the bonded amount to $5,500,000. At PR-Ol Colowyo provided a <br />Rider to the bond which increased the bonded amount to $8,747,405. The bond liability <br />that resulted from PR-Ol and the October 1987 Bond Release approval was $6,814,597. The <br />Technical Revision for the mining of Section 11 required an additional bond liability of <br />$1,314,00. The addition of the West Pit disturbance and other miscellaneous revisions has <br />brought the current bond reclamation liability to $18,190,480. A surplus of $191,465 is being <br />held by the Division. <br />c:\colowyo\midterm <br />