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Estimated Cost <br />of Remaining <br />Reclamation Bond Held Reduction of <br />Required Bond <br />Amount Minimum Bond <br />Required Comments <br /> <br /> re uired <br />$40,526 $40,526 Reclamation cost <br />floor <br /> $175,121 $95,612 Proposed <br />Decision <br />12 Rule 3.03.1(4) <br />t~ October 18, 2001, copy of [his estimate attached as Attachment 5 of [his Findings Document. This is the estimated <br />amount necessary for the Division [o complete the approved reclamation plan [Rule 3.03.1(3)(d)]. <br />14 This decision on the bond release application recognizes a release of $202,121 in for accomplished Phase I and <br />Phase Il reclamation work. However, an advance of $27,000 of this amount had been previously released. Thus the <br />proposed release at [his time is $175, l21 ($202,121 - $27,000). $270,733 (current required bond) - $95,612 <br />(proposed required bond) _ $175,12 L <br />SL-04, C-81-025 <br />November 13, 2001 <br />Page 1-2 of 2 Pages <br />