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2005-11-09_GENERAL DOCUMENTS - C1992081
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2005-11-09_GENERAL DOCUMENTS - C1992081
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Last modified
5/26/2020 10:54:00 AM
Creation date
11/23/2007 5:27:29 PM
Metadata
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Template:
DRMS Permit Index
Permit No
C1992081
IBM Index Class Name
General Documents
Doc Date
11/9/2005
Doc Name
Midterm Review Findings Document
Permit Index Doc Type
Findings
Media Type
D
Archive
No
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Number 6, and was approved on June 15, 2005. There have been no revisions to the <br />permit that involved changes to this estimate since that time, and there has been no update <br />to the cost data base used by the Division since that time. Thus this reclamation cost <br />estimate of $1,079,161 is considered appropriate to this midterm review. The bond <br />liability amount of $1,079,161 is sufficient to asswe completion of the remaining <br />reclamation work at the site if the work had to be performed by the Division, including <br />the cost of reestablishing vegetation on any revegetated azeas, should those areas fail. <br />The two active bonds on deposit with the Division, by Travelers <br />Casualty and Swety Company in the amount of $965,520 and by XL <br />Speciality Inswance Company in the amount of $1 ] 3,641, provide a total bond coverage <br />of $1,079,161. <br />Thus there is sufficient bond to cover the current reclamation cost liability. <br />A summary of reclamation cost liability and bond coverage history is provided in the <br />following table. <br />Table 5 - History of Reclamation Cost Liability and Bond Coverage <br />Bond Coverage Reclamation Date Permit Action <br /> Liabili <br />Aetna XL Total <br />$965,520 $1,079,161 Jul 5, 2005 rider <br /> $1,079,161 June 6, 2005 Technical <br /> Revision 6 <br /> $113,641 $975,761 April 18, new bond <br /> 2003 <br /> ' $975,761 May 19, 2003 Permit <br /> Renewal 2 <br /> $826,880 July 24, 2000 Technical <br /> Revision 5 <br />$862,120 $862,120 A ri15, 1996 rider <br /> $862,120 Apri15, Minor <br /> 19966 Revision 4 <br />$696,724 $696,724 Ma 13, ] 993 bond <br />3 Rider increase to the Aetna Casulaty Bond in the amount of $103,400 <br />4 XL Speciality Insurance Company in the amount of $ 113,641 <br />5 Amendment to Aetna Casualty & Surety Company increase of $165,396 <br />e Increase requirement identified in the Mazch 13, 1996 Midterm Review <br />~ Aetna Casualty & Surety Company <br /> <br />Hayden Gulch Loadout Midterm Review Page 6 November 8, 2005 <br />
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