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i i <br />File M-86-085 Adequacy Items <br />-4- <br />October 17, 1986 <br />The staff calculates an approximate reclamation cost of $13,630.00. <br />However, pursuant to 34-32-110(3), the maximum amount of financial <br />warranty fora limited impact operation is $5,000,00, Therefore, the <br />staff recommends that the financial warranty should be set at <br />E5,000.00. If the operator does not agree with this figure, he should <br />provide very detailed cost estimates for every aspect of reclamation. <br />These estimates should be based upon what it would cost the Division to <br />hire a third party to perform the reclamation work in the event that the <br />operator is unable to do so. <br />The staff appreciates al] the cooperation given by Mr. Loukonen, and we look <br />forward to corking with you in the future. If you have any questions, require <br />some further assistance, or wish to set up a meeting to discuss your permit <br />application, please do not hesitate to contact me. Your application is <br />scheduled to be heard by the Board on October 23-24, 1986. However, because <br />of the outstanding items not yet worked out, I suggest you call me at your <br />earliest convenience to request a continuance of hearing to the November <br />2fl-21, 1986, Board meeting. <br />If this matter is continued to the November meeting, please submit all <br />required items na later than November 12, 1986. Thank you. <br />/bdc <br />4545E <br />