Laserfiche WebLink
06025 Banks and Gesso, LLC <br />Exhibit L -Reclamation Costs <br />In the event that infrastructure improvements for residential development do not <br />immediately commence when final grade is reached, the alternative reclamation plan of <br />revegetation will be implemented to obtain bond release. The following cost estimate <br />assumes that the alternative plan would be implemented if the State were required to <br />reclaim the site. <br />TABLE L-1: Reclamation Cost Estimate <br />Item Quantity Unit Cost Total <br />Topsoil placement (32 ac. x 6" deep) 25,814 yd3 $0.85/yd $21,942 <br />Seeding and Mulching (32 ac.) 32 acres $675/acre $21,600 <br />Direct Cost $43,542 <br />Mobilization/Demobilization (8%) $3,483 <br />Overhead (18.5%) $8,055 <br />Administration (5%) $2,177 <br />Total Proposed Financial Warranty $57,257 <br />IR~'1r~8 if ~® <br />OCT 2 0 2006 <br />Division of Reclamation, <br />Mining and Safety <br />Granby Realty Holdings, LLC September 25, 2006 <br />Overlook Mine Page 20 <br />