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<br />_11_ <br />Minimum Bond Which Must be Retained <br />Rule 303.1(3)(d) requires the Division to retain at a minimum, sufficient bond <br />to complete the approved reclamation plan. Pursuant to this rule, the <br />Division is evaluating the current bond during the mid-term review. <br />Given the current evaluation, the Division proposes to retain the full amount <br />of the bond, pending further investigation into the appropriate bond amount <br />during the current mid-term review. At the conclusion of this review, the <br />Division may require additional bond to be posted. <br />In summary, the Division proposes to release sixty percent of the liability on <br />the pit area, and zero percent of the liability on the haul road. The entire <br />bond amount will be retained as necessary to cover the remaining liability in <br />accordance with Rule 3.03.1(3)(d), pending the bond adjustment review. <br />srs <br />7442E <br />