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I. INTRODUCTION <br />Purpose of this Document <br />This document presents the findings of compliance and the proposed decision of the <br />Colorado Division of Minerals and Geology ("Division") for a Phase III (final) bond release <br />at the La Plata No. 1 Mine. The Division file number for the bond release application is SL- <br />02. The mining and reclamation permit number is C-87-072. These findings and the decision <br />aze made in response to a request for the release of a reclamation bond at the La Plata No. 1 <br />Mine. The bond release request was submitted to the Division by Rocky Mountain Bank and <br />Trust ("RMBT") ,the issuer of the letter of credit bond covering the site. RMBT is <br />requesting release of all bond the Division holds for the LaPlata Mine. The azea for which <br />bond release is being requested (the bond release azea) is approximately 193 acres of land, <br />including 35 acres of land disturbed by mining operations. <br />Contents of this Document <br />This document contains the following five parts: <br />I. Introduction; <br />II. Summary of the Bond Release Process; <br />III. Approval Criteria for Bond Release; <br />IV. Observations and Findings; and <br />V. Proposed Decision. <br />Background Information Sources <br />Detailed information about the bond release review process can be found in the Colorado <br />Surface Coal Mining Reclamation Act, the Regulations of the Colorado Mined Land <br />Reclamation Board for Coal Mining, and in the Guideline ReQardinQ Selected Coal Mine <br />Bond Release Issues, dated April 18, 1995. All "Sections" referenced within this document <br />are contained within the Regulations. Detailed information about mining and reclamation <br />operations at La Plata No. 1 Mine can be found in mining and reclamation permit application <br />C-80-001 on file at the Division offices, located at 1313 Sherman Street, Room 215, in <br />Denver, Colorado. <br />Location of Bond Release Area <br />The La Plata No. 1 Mine is located in La Plata County, Colorado, approximately 6.5 miles <br />southwest of the town of Hesperus. The bond release area is located in Section 28 and 29, <br />Township 35 North, Range 11 West. <br />