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<br /> <br />t <br />EXHIBIT L <br />Reclamation Costs <br />Reclaimed shoreline will be approximately 18,000 feet long when <br />mining is completed. Grading and contouring of these banks will be <br />accomplished as an integral part of the extraction. Therefore no costs <br />are computed for this phase of the reclamation effort. <br />Total area to be graded, shaped, topsoiled and seeded will be <br />approximately 20 acres. This will require some 16,000-18,000 cubic <br />yards of topsoil and is estimated to cost between $7,500 and $10,000. <br />Cost of seeding is estimated to cost approximately $100 per acre or <br />a total cost of $2,000. <br />Maintenance, watering and localized reseeding (if necessary), will <br />cost about $1,000. <br />The above items represent a total reclamation expenditure of <br />between $10,000 and $13,000. <br />ti