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amounted to 55.8 acres out of the total 515.8 acres requested for release in SL-01. While <br />these acres account for only 11 % of the total acres requested, their impact in the overall <br />release amount is greater than that due to the floating bond concept. The Division has <br />retained 100% of the dollars required for the backfilling and grading of these areas as if <br />they were still open pit areas. This has resulted in the Division retaining $140,847.00 for <br />the reclamation of these exemption areas (approximately $2,500/acre of exemption <br />areas). These dollars will be available for release upon SCC's successful demonstration <br />of Phase I criteria and the submission and approval of a Phase I Bond Release <br />application. <br />Please let me know if you have any questions or need any additional information <br />regarding the SL-02 cost estimate. If you need me to write any of the bonding portion of <br />the findings document please let me know. <br />cc: Sandy Brown w/out Attachments