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demonstrations. The following table summarizes the changes in bond liability that have <br />occurred. <br /> Phase <br />Permitting I, II, or Change in <br />action or III Date of bond liability <br />surety release CDMG ("-" indicates <br />release request Lands involved approval a reduction) <br /> <br /> Original bond amount $10,585,393 <br />(no I 2398 acres on Mines 1, 2, and 9/17/87 -1,705,393 <br />number) Eckman Pazk <br />SL-03 II, III l73 acres: Block C on upper 10/31/96 - 34,600 <br /> Eckman Pazk Mine <br />SL-OS I 601 acres in Areas 51 and 61 12/6/96 - 4,645,843 <br />SL-06 II, III All of Mine 2 (477 acres) 3/30/98 - 95,480 <br /> except pond K <br />MR-88 N/A Reduction in reclamation - 2,346 <br /> liability for MR-88 (transfer of <br /> reclamation liability for 5-acre <br /> storage azea to Foidel Creek <br /> Mine) <br /> Remaining liability as of this midterm review $4,101,731 <br />The permittee currently has on deposit with the Division surplus bond in the amount of <br />$1,837,819, calculated as follows: <br />Replacement bond submitted by permittee $x,939,550 <br />on Apri14, 1997 <br />Less remaining bond liability 4,101,731 <br />Surplus bond $1,837,819 <br />All lands have been Phase I released. There are 2,938.5 acres of disturbed land awaiting <br />Phase II/III release. The $4,101,731 of remaining liability equates to approximately $1,396 <br />of bond per acre of disturbed land. The $1,396 per acre amount would be sufficient for the <br />Division to complete the remaining reclamation work at the site (reclaiming monitoring <br />wells), and to revegetate reclaimed azeas should current reve~etation fail. <br />Mine No. 1 and Eckman Park Mine Page 6 September 27, 7999 <br />Midterm Review <br />