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2007, Mazch 22, 2007, and Mazch 23, 2007. The system recommended a conditional issue, since there were audit debts against Powder River Coal Company, an entity affiliated with Seneca Coal Company. Accordingly, Stipulation No. 36 (above) is placed on the conditional approval of this renewal. On October 13, 2006, the Division submitted to SCC an adequacy review of the renewal application. The requested information was received by the Division on November 15, 2006. Minor changes to the PAP that are proposed for approval with RNS include updated Owner, Officer, and Director information for Peabody Energy Corporation, and an update to the threatened and endangered species list in Volume 9 Tab 11 of the permit application package (PAP). During the permit review process for this renewal application, the Division received an application for a Phase I Bond Release (SL-Ol for the entire permit azea at the Seneca II Mine). This application was received on May 24, 2006 and subsequently approved on February 22, 2007. The bond release reduced the required bond by $3,679,464.00, to its current level of $7,160,042.00. During the bond release process the Division performed an evaluation of the reclamation cost estimate and determined that the bond held ($7,160,042.00) was adequate to assure completion of the remaining reclamation work at the site if the work had to be performed by the Division. Description of the Environment The Seneca II Mine is located in northwest Colorado, approximately nine miles southeast of Hayden in Routt County. The Seneca II Mine lies 7 miles east of the Seneca II-W Mine, Permit No. C-82- 057, and 4 miles east of the Yoast Mine, Permit No. C-94-082. See Figure 1 for further detail. The mining azea can be found on the Milner Quadrangle 7.5 Minute Series Map. Elevations at the mine site range from 6,600 feet to 8,100 feet above mean sea level. During active mining operations, the coal from the Seneca II Mine was hauled over county and private roadways by private a hauler to the Hayden Station Power Plant operated by Public Service of Colorado. Operations at the permitted mining azea will involve maintenance and limited reclamation activities only during the new permit term. Geology and Topography The Seneca II Mine is located on the Tow Creek anticline, a local structure within the regional Sand Wash structural basin. The local stratigraphic sequence, in ascending order, is the Mancos Shale; the Mesaverde group, which may be subdivided into the Iles and Williams Fork Formations; the Lewis Shale; and the Lance Formation, all of which aze upper Cretaceous in age. Overlying the Lance Formation aze the Tertiary Fort Union and Wasatch Formations. Quaternary alluvial deposits, generally derived from the Mesaverde Group, are locally present in stream valleys. Recent colluvial slides and slumps may also be present in canyons and gulches throughout the area. SurFcial geology in the area consists lazgely of consolidated sedimentary rock of the upper Cretaceous Mesaverde Group. A veneer of colluvial/alluvial material is present in drainages, and becomes more significant along the major streams in the azea.