2009-03-24_REVISION - C1980005

• Permit No: C1980005
• IBM Index Class Name: REVISION
• Doc Date: 3/24/2009
• Doc Name: Reclamation Cost Estimate
• From: Susan Burgmaier
• To: Dan Mathews
• Type & Sequence: SL3
• Email Name: DTM
• Media Type: D
• Archive: No

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SENECA 11 MINE RECLAMATION LIABILITY AND BOND RELEASE HISTORY
Beginning Liability / Revised Liability /
Required Surety Required Surety
Total Liability Both Areas - TR37 $10,839,506.00
Phase I Release ($3,679,464.00) $7,160,042.00
TR-41 $23,447.00 $7,183,489.00
Pre-Law ($871,645.00) $6,311,844.00
Phase II ($1,975,695.00) $4,336,149.00
Current
Permanent Program Beginning Liability
Phase I - up to 60%
Phase 11 - up to add'I 25%
Phase III - up to add'I 15%
$4,336,149.00
Maximum Release Amount
$9,507,953.00
($5,704,771.80)
($2,376,988.25)
($1,426,192.95)
Actual Release Amount
($3,481,593.00)
($1,975,695.00)
Revised Required Surety
$6,026,360.00
$4,050,665.00
Total released Phase I and all Pre-Law was $4,551,109.00.
SCC/DRMS agreed to separate Pre-Law and Permanent program, so Pre-Law Release was $1,069,516.00.
After backing out the pre-law release of $1,069,516.00, $3,481,593.00 has been released for Phase I on permanent program.
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