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Bonding Summary <br />The bond calculation information presented above estimates that the Loadout <br />facility reclamation liability is $1,079,261. The reclamation costs do not <br />include salvage value for any of the structures even though the structural steel <br />has significant salvage value. In addition, the railroad rail and wooden ties <br />also have a salvage value. <br />In May 1993, as part o£ the original permit approval process, HGTI posted a <br />Corporate Surety in the amount of $696,724 to cover the original reclamation <br />liability for the Loadout. A surety rider, in April 1996, amended the corporate <br />surety to $862,120. A second corporate surety, in the amount of $113,641, to <br />cover additional liability identified by CDMG in RN-02 (February 2003) was <br />submitted to CDMG in May 2003. Following RN-02, CDMG holds $975,761 in <br />reclamation bonds foz the Loadout facility. <br />The CDMG revised the reclamation liability, presented above, as part of TR-06 in <br />May 2005. Tha second surety rider, in the amount of $103,400 was added in May <br />2005 to cover this additional reclamation liability. With the addition of this <br />second surety rider, the CDMG holds $1,079,161 in reclamation bonds, which is <br />equal to the revised reclamation estimate calculated by CDMG during the TR-06 <br />review process. <br /> <br />TR-07 10 Revised 03/06 <br />