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~ . 3.02 Performance Bond Requirements <br />The "worst case" assumption in the calculations for performance <br />bond requirements failed to provide estimates for the removal of <br />structures at the mine site and the Trinidad loadout facility. <br />The applicant hereby provides the Division with these figures: <br />Trinidad Loadout Facility - <br />Basically this would consist of dismantling and removing, <br />by truck, the portable loading facility and grading the <br />area to the condition it was prior to Trinidad Basin <br />Mining's lease with the Sante Fe Railroad which would <br />be minimal. <br />Dismantling of Loadout and Prepare for Removal <br />1 welder @ $12.00/hr = $12.00 <br />2 laborers @ 6.00/hr = 12.00 <br />/~ Labor Cost/hr Total ~~ <br />20 hours @ $24.00/hr <br />1 loader for lifting <br />at 10 hrs. @ $56.00/hr <br />1 tractor (for removal) <br />at 4 hrs. @ $50.00/hr <br />Cost to remove <br />structure Total <br />_ $480.00 labor cost <br />= 560.00 <br />= 200.00 <br />$1,240.00/hr <br />Grading and cleanup of site at Trinidad loadout <br />10 hrs - loader @ $56.00 = $560.00 <br />10 hrs - grader @ 40.00 = 400.00 <br />Grading Cost Total .00 <br />Total Cost of Trinidad Loadout Reclamation $2,224.00 <br />The Division will note that it is assumed that any coal <br />stockpiled would have been depleted by selling at this time. Also <br />according to agreement with the Sante Fe Railroad the Lessee agrees <br />to remove structures and put back in like conditions prior to leasing. <br /> <br />