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The Division scheduled and conducted a bond release inspection on May 22, 2001. Based upon <br />a review of the mine permit and approved reclamation plan, the bond release application and the <br />site inspection, the Division found that Kerr had successfully completed backfill, grading, and <br />drainage control at the loadout and successfully demonstrated that the 720 Pit and Pit 1 have <br />adequate topsoil replacement, vegetative cover, and hydrologic reclamation. SL-02 was <br />approved in June 2001. The Division released atotal of $1,117,641.00 as detailed in the <br />Findings Document for the Phase I and Phase II Bond Release for the Loadout Area, 720 Pit, and <br />Pit 1 dated June 26, 2001. The remaining bond held is $700,720.00. <br />A Phase I Bond Release (SL-03) was approved in February 2002 for backfilling, grading, and <br />drainage control/reestablishment for the Marr Pit area. There were no bond monies associated <br />with this bond release application. <br />Pursuant to Rule 3.02.2(4), the Division has reviewed the Marr Mine reclamation liability on <br />September 19, 2008 for costs associated with completion of remaining reclamation tasks at the <br />mine and loadout. This estimate includes tasks that are being considered for bond release in <br />SL4, since a decision has not been made regarding SL4, these tasks remain in the reclamation <br />cost estimate for this midterm review. The costs associated with remaining reclamation tasks are <br />estimated to be $325,152.00 <br />Since the bond currently held, $700,720.00, exceeds the required surety, $325,152.00, no <br />additional bond is required. Bond release application No. 4 (SL4) is currently under review for <br />possible release of bond monies. <br />6