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Banks and Gesso, LLC <br />EXHIBIT L -RECLAMATION COSTS <br />An estimate of the reclamation costs for all anticipated disturbed areas of the proposed <br />Heit.property is provided in Table L-1 below. <br />TABLE L-1: RECLAMATION COST ESTIMATE <br /> Quantity Price-per Unit Total <br />Pit Edges and Topsoil Area <br />Topsoil replacement (1.6 acres, 16 in <br />dee 3,442 yd $0.40/yd $1,376.80 <br />Final grading/contouring 61 acres $200/acre $12,200 <br />Grass seeding/fertilizing 1.6 acres $400/acre $640 <br />Slurry Wall <br />Slurry wall construction (6,815 LF, 26 ft <br />dee 177,190 ft $3/ft $531,570 <br />Direct Cost $545,786.80 <br />Insurance, Performance Bond and Profit (15%) $81,868.02 <br />Total Estimated Cost $627,654.82 <br />Heit Sand and Gravel Mine <br />SW Meadow, LLC <br />02044 <br />February 2003 <br />21 <br />