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2008-01-03_REVISION - C1981038
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2008-01-03_REVISION - C1981038
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Last modified
8/24/2016 3:20:31 PM
Creation date
1/20/2009 2:41:08 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1981038
IBM Index Class Name
REVISION
Doc Date
1/3/2008
Doc Name
Memo and Reclamation Cost Estimate
From
Jim Stark
To
Joe Dudash
Type & Sequence
RN5
Media Type
D
Archive
No
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Bowie No. 1 Mine C-1981-038 <br />Partial Phase I Bond Release SL-03 <br />Task: 000 <br />- - !Site: Bowie No. 1 Mine <br />;Date: 21 Nov 07 <br /> <br />User: JRS <br />Permit Action: !Partial Phase I Bond Release SL-03 I County Delta <br />Description: <br />i 1SL-03 Final Releasable Amount ;File Name: C-1981-038 <br />Task Reclamation Task Description Total Cost <br />A Current Surety Held by DRMS $5,761,290.00 <br />B 'Current Liability Calculated After SL-03 Tasks Removed (Current Costs) $4,123,457.00 <br />C "Excess" Bond Held by Division (Current Costs - A-B) $1,637,833.00 <br />D Reclamation Completed by BRL - Task 202 (Old Costs - Including 0&P) $1,893,923.00 <br />E Applicable Bond Amount Old Costs - Based on Demolition Onl <br />Y) $2,688,882.00 <br />F Releasable Amount Based on 60% of Applicable Bond (Old Costs--- 0.6*E) $1,613,329.20 <br />G Releasable Amount Based on 60% of Demolition Completed (Old Costs - 0.6*D) $1,136,353.80 <br />H Bond Remaining AFTER SL-03 (New Costs.- A-G) $4,624,936.20 <br />I j Required Surety to Complete Reclamation in Event of Forfeiture (New Costs - B) j $4,123,457.00 <br />J "Excess" Bond Held by Division Following SL-03 (New Costs - H-1) $501,479.20 <br />K i Amount of Bond Release Requested by BRL (Old Costs) $1,151,456.00 <br />L 'Difference Between Division Releasable and BRL Request (Old Costs - G-K) - -$15,102.20 <br /> Total Amount Available for Release with Partial Phase I Bond Release SL-03 $1,136,353.80 <br />jrs Page 1 <br />r <br />1113/2009
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