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<br />Proposed Decision <br />Bond Adjustment <br />Colorado Yampa Coal Company <br />Mine No. 3 <br />Permit No. C-84-062 <br />August 9, 1988 <br /> <br /> <br />On February 4, 1988, Colorado Yampa Coal Company (CYCC) submitted a bond <br />adjustment request for the CYCC Mine No. 3, pursuant to Rule 3.02.2 (4) (b), <br />of the Regulations of the Colorado Mined Land Reclamation Board for Coal <br />Mining (Rules). The Colorado Mined Land Reclamation Division (Division) <br />hereby proposes to approve the bond adjustment request. The CYCC Mine No. <br />is located approximately 20 miles southwest of Steamboat Springs, in Routt <br />County, Colorado. <br />Pursuant to Rule 3.03.2 of the Rules, CYCC sent a proper written notice of the <br />application to all parties legally entitled to such notice, and a properly <br />executed newspaper publication was published in The Steamboat Pilot once per <br />week, for four consecutive weeks, beginning on March 17, 1988 and ending on <br />April 7, 1988. Legal proof of the publication was received by the Division on <br />April 20, 1988, and the bond adjustment application was deemed complete also <br />on April 20, 1988. A Division inspection of Mine No. 3 was conducted, <br />pursuant to Rule 3.03.2 (2) of the Rules, on May 9, 1988 and May 10, 1988. No <br />objections or requests for an informal conference were received. The decision <br />deadline for the bond adjustment application was continued beyond the <br />statutory limits by CYCC. <br />The proposed bond adjustment will decrease the total amount of required <br />reclamation bond from $1,493,080 to $156,000. It has been determined that <br />this bond amount is sufficient to ensure final reclamation of the Mine Number <br />3 site (351 acres), including complete reclamation of the remaining office and <br />shop facility, rill and gully maintenance of the revegetated areas of the <br />mine, reclamation of the various monitoring wells on-site, and complete <br />re vegetation in the unlikely event that complete re vegetation failure occurs. <br />This action is considered a bond adjustment, based upon the actual cost of <br />site reclamation, pursuant to Rule 3.02.2 (4) (b) of the Rules, as verified by <br />standard Division methodologies used to calculate reclamation bond amounts. <br />This proposed bond reduction does not in any way constitute a reclamation <br />liability release. Specifically, this proposed bond adjustment is not a Phase <br />2 bond release. A formal application (pursuant to Rules 3.03.1 and 3.03.2 of <br />the Rules) must be submitted to the Division by CYCC at such time that CYCC <br />believes further reclamation liability release is appropriate. <br />Any person with a valid legal interest, which might be adversely affected by <br />this Proposed Decision, may submit a written request to the Division for an <br />adjudicatory hearing (pursuant to Rule 3.03.2 (6) of the Rules). The request <br />must state, with specificity, the reasons for requesting such a hearing, and <br />the request must be received by The Division within 30 days of the Proposed <br />Decision issuance. Request for an adjudicatory hearing must be sent to: <br />Colorado Mined Land Reclamation Division <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />DB/ljt <br />