GENERAL50225

• Permit No: C1980003
• IBM Index Class Name: General Documents
• Doc Date: 5/25/1999
• Doc Name: PROPOSED DECISION & FINDINGS OF COMPLIANCE FOR SL3
• From: Phase II & III
• Permit Index Doc Type: Findings
• Media Type: D
• Archive: No

Table 5 -Bond liability chronology at Havden Gulch iViine
Effective Action affecting Lands in permit area Amount of Remaining
date bond amount affected by action liability bond liability
increase
(decrease)
1/=4)32 Permit issuance Entire permit area, $2.300.000 52,300,000
including minesite
(current permit) and HG
Loadout
3/L9/88 Approval of Phase I 319 acres at minesite (58»,000) L,446,000
release east of County Road 53
8/94 Bond recalculation Entire permit area (576,687) 1,368,313
in mid-term revive (recalculation corrected
an arithmetic error)
12/5/96 Approval of TR-63: HG Loadout (new (5708,986) 659,327
Removal of HG permit no. C-92-081)
Loadout from
ermit
6/19/97 Approval of Phase I 45.1 acres east of ($108,046.73) $551,280
release Count Road 53
HGCC still has on deposit with the Division a corporate surety bond in the original reclamation
liability amount of $2,300,000. By letter of December 19, 1997, the Division authorized the
bond issuer, Aetna Casualty and Surety Company, to reduce remaining liability coverage to
$51,280, the current bond liability.
Of the current bond liability of 5551,280, the Division proposes to release 5528,718, comprised of
$196,271 for Phase II release and 5332,447 for Phase III release. The remaining bond liability will
be $22,562, an amount sufficient to assure completion of the remaining reclamation work at the site
if the work had to be performed by the Division, including the cost of reestablishing vegetation on
any revegetated areas, should those areas fail. The Division estimates its cost to complete remaining
reclamation work at the site to be 522,562 (cost estimate dated April 23, 1999).
Any person with a valid legal interest which might be adversely affected by this proposed decision
may request a formal public hearing before the Mined Land Reclamation Board in accordance with
Section 3.03.2(6). Public notice of this proposed decision will be published twice in the Steanboar
Pilot for two weeks as soon as possible. Requests for public hearing must be submitted to the
Division in writing within thirty days of the first publication in the Stenmbont Pilot. If no hearing
is requested within that thirty days, the Division's decision will become final.
c:\tkVtemi ne\bondre lease\findin~s
Hayden Gulch Mine Page 16 May 26, 1999
Phase II/III Bond Release