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2008-01-03_REVISION - C1981038 (3)
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2008-01-03_REVISION - C1981038 (3)
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Last modified
8/24/2016 3:20:31 PM
Creation date
4/4/2008 2:01:37 PM
Metadata
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Template:
DRMS Permit Index
Permit No
C1981038
IBM Index Class Name
REVISION
Doc Date
1/3/2008
Doc Name
Cost Estimate Memo
From
Jim Stark
To
Joe Dudash
Type & Sequence
Rn5
Email Name
SB1
Media Type
D
Archive
No
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<br />monies in the amount of $4,624,936.00. The Division currently holds an excess of bond <br />monies in the amount of $501,479.00. Although the Division currently holds an excess <br />in bond monies, BRL may not apply for a bond release or a bond reduction pursuant to <br />Rule 3 to have the bond reduced to the current calculated liability (of $4,123,457.00). <br />This is because the current bond amount has been set by the Phased Bond Release <br />process pursuant to Rule 3.03.1. As such, the current required liability at the Bowie No. <br />1 Mine is $4,624,936.00. The Division finds that it holds sufficient bond monies to <br />complete the reclamation at the Bowie No. 1 Mine in the event of permit revocation and <br />bond forfeiture. <br />Please let me know if you have any questions regarding these estimates or need any <br />additional information. <br />cc: Sandy Brown w/out attachments <br />
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