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2010-10-22_REVISION - M2008001 (3)
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2010-10-22_REVISION - M2008001 (3)
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Last modified
6/16/2021 5:38:14 PM
Creation date
10/29/2010 12:59:37 PM
Metadata
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Template:
DRMS Permit Index
Permit No
M2008001
IBM Index Class Name
REVISION
Doc Date
10/22/2010
Doc Name
Financial Warranty Reduction Request
From
LJ Development, Inc.
To
DRMS
Type & Sequence
SR1
Email Name
BMK
Media Type
D
Archive
No
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BLUE GRASS REVISED RECLAMATION COST ESTIMATE <br />EXHIBIT "L" <br />RECLAMATION COSTS 20-Oct-10 <br />PROPOSED TO THE MLRB <br />TOTAL TOTAL <br />Item COST/UNIT UNITS COST <br />1. Grass seed mix 163.25AC 21.40 3493.55 <br />2. Drilling grass seed 41.OOAC 21.40 877.40 <br />3. Reseed failure areas assume 20% 204.25 AC 4.28 874.19 <br />4. Fertilizer (40#/A N&P) 35.OOAC 21.40 749.00 <br />5. Fertilizer application 15.OOAC 21.40 321.00 <br />6. Topsoiling w/dozer or loader. <br />Maximum push 250', (3"/Avg) 0.75 LCY 221400.00 16800.00 <br />7. Replacing Overburden (3" /Avg) 0.65 LCY 22,400.00 14560.00 <br />8. Disking or Scarifying 12.50 AC 21.40 267.50 <br />9. Weed Control 20.OOAC 21.40 428.00 <br />10. 2,000#/A grass, hay or straw mulch 75.OOAC 21.40 1605.00 <br />11. Spread & crimp mulch 18.OOAC 21.40 385.20 <br />12. Backsloping (mined to slope) O.OOAC 0.00 0.00 <br />13. Mobilization Cost (Lump Sum) 1.00 LS 750.00 750.00 <br />Total Direct Reclamation Cost 41110.84 <br />Indirect Cost <br />Contractor Overhead & Profit <br />Public Liability Insurance 1.55% 637.22 <br />Contractor Performance Bond 1.55% 637.22 <br />Contractor Profit 10.00% 4111.08 <br />DMG Project Administrative Expenses <br />Minerals Program Administration Fee 5.00% 2055.54 <br />Total Performance Bond Amount $48,551.90 <br />SAY THE BOND AMOUNT IS $ 48,600.00 <br />The existing financial warranty is $ 1,970,885.00 dollars. Therefore, the <br />operator is respectfully asking for a reduction of $ 1,922,285.00 dollars. The <br />revised bond would be $ 48,600.00 dollars.
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