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iiiiiiiiiiiiiiuiii <br />pQ-y 999 <br />~..J <br />PEADODY COAL COMPANY <br />Wostom Dlvblon <br />March 29, 1990 <br />Mr. Carl Mount <br />Colorado Mined Land Reclamation Division <br />215 Centennial Building <br />1313 Sherman Street <br />Denver, CO 80203 <br />i3oo sown vale <br />FlagetaH, Arizona 86001 <br />(602) 774-5253 <br />~~' ~ ~a~~ <br />{~ ~~ ~® <br />`~~~ V~ Q®c~eQ <br />~\~~~0 O +~, nq~1 <br />RE: Seneca II-W, Permit C-82-057, TR 7 and Response to <br />Stipulation 15 <br />Dear Mr. Mount: <br />Enclosed please find three copies of revised Appendix 13-3 <br />• (Tab 13) to the Seneca II-W PAP. This appendix was <br />originally submitted with TR 5. Stipulation 15, attached <br />to the approval of TR 5, required submittal of additional <br />bonding information. Based on comments in your letter of <br />November 8, 1989, Peabody submitted revised costs on <br />December 21, 1989. Subsequent review by the Division <br />(your letter of March 2, 1990) and several phone <br />conversations resulted in changes to the equipment cost <br />estimating methods. These changes are reflected in the <br />enclosed revised Appendix 13-3. <br />In addition, item number 2 from your comment letter of <br />March 21, 1990 concerning TR 7 required a reevaluation of <br />the bond calculations based on the final agreement on <br />Stipulation 15. The revised bond calculations for TR 7 <br />are also rolled into the revised Appendix 13-3. <br />To summarize, based on the revised equipment costs, the/ <br />increased reclamation liability due to TR 5 is $519,633 <br />exceeding a current bonding level (52,646,300 <br />$140,63 see page 13-3-1st comparison). TR 7 costs <br />add an additional $28,3 ThereforR', the current bond <br />liability is $2,815,273, or $168,973 over the current bond <br />held by the State for Seneca II-W. <br />Upon approval of these numbers by the Division Peabody <br />will submit a new bond for $300,000, which will bring the <br /> <br />