Laserfiche WebLink
IV. PROPOSED DECISION <br />Based on the observations above, the Division proposes to approve Coors Energy Company's <br />request for a Phase II bond release for the Keenesburg Strip Mine. This proposed decision will <br />release the applicant from a portion of the liability in accordance with Rule 3.03.1(2)(b). The :Phase <br />II bond release applies to 51.05 acres consisting of parcels 2, 5, 6, 7, 9, 10, 15, 16, 19, 23, and 29. <br />The Division in SL-03 redefined the original bond amount of $4,402,022.00 to be the "applicable <br />bond amount' 'for determining bond release, with no subtraction of structural demolition costs prior <br />to calculating Phase WFIII liability release values. <br />In SL-05, Coors Energy Company has requested a bond release of $179,646.00. However, the <br />Division has estimated the cost to complete remaining reclamation tasks and maintenance following <br />the proposed approval of SL-05 to be $2,001,475.00 (see Appendix A). Rule 3.03.1(3)(d) requires <br />that adequate bond be retained to allow the Division to conduct any remaining reclamation tasks in <br />the event that the Division takes over the permit. Based on the Division's estimate of remaining <br />liability and the Division's observations of reclamation success, the Division proposes to release <br />$120,385.00 (costs associated with Phase II revegetation and topsoil replacement tasks) of Phase II <br />reclamation liability. The remaining bond of $2,001,475.00 shall be sufficient to assure completion <br />of the remaining reclamation work at the site if the work had to be performed by the Division, <br />including the cost of reestablishing vegetation on any revegetated areas should those areas fail. <br />The following table summarizes the history of liability at the Keenesburg Mine. <br /> Phase release Acres released Reclamation <br />liability <br />Original applicable <br />liability amount $4,402,022.00 <br />SLl I and II 179 (PI) & 111(PII) -$1,787,113.00 <br />TR32 <br />(bond reduction) I & 11 tasks 4.5 -$27,384.00 <br />MT4 +$140,963.00 <br />SL2 I 51.76 -$287,918.00 <br />SU II 53.9 -$130,189.80 <br />RN5 +17,056.80 <br />SRI -$37,666.00 <br />SL4 III 165.29 -$167,911.00 <br />SL5 II 51.05 -$120,385.00 <br />Remaining liability <br /> <br />amount <br />$2,001,475.00 <br />Reclamation work which remains to be done at the site includes completion of backfill and grading <br />of the remaining portions of Pit B; ripping and regrading of interior access roads; topsoil <br />C1981-028, SL-05 7 9/10/2010