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Current Bond Amount Held <br />Phase Release <br />Acres released <br />Reclamation <br />Liability <br />Original Applicable <br />Liability Amount <br />$1,937,676.00 <br />$4,402,022.0 <br />SL1 <br />I and II <br />179 (PI) and 111 (PII) <br />- $1,787,113.00 <br />TR32 <br />Bond Reduction <br />I & II tasks <br />4.5 <br />- $27,384.00 <br />MT4 <br />+$140,963.00 <br />SL2 <br />I <br />51.75 <br />- $287,918.00 <br />SL3 <br />II <br />53.9 <br />- $130,189.80 <br />RN5 <br />+$17,056.80 <br />SR1 <br />- $37,666.00 <br />SL4 <br />III <br />165.29 <br />- $167,911.00 <br />SL5 <br />II <br />51.05 <br />- $120,385.00 <br />RN6 <br />- $88,313.06 <br />SL6 <br />III <br />42.29 <br />- $44,735.78 <br />Remaining liability <br />$1,868,426.16 <br />Current Bond Amount Held <br />$2,001,475.00 <br />SL -06 Bond Amount Reduction <br />- $63,799.00 <br />Bond amount after SL -06 is finalized <br />$1,937,676.00 <br />Coors Energy Company has requested a bond release of $63,799.00. The Division will approve the <br />CEC requested amount of bond release. However, the Division calculated the remaining liability <br />amount to be $1,868,426.16 given the release of the requested acres in SL -06. This is $44,735.78 less <br />than the liability amount determined during RN -06. The remaining bond amount of $1,937,676.00 <br />(current bond amount of $2,001,475.00 minus the requested $63,799.00) shall be sufficient to assure <br />completion of the remaining reclamation work at the site if the work had to be performed by the <br />Division, including the cost of reestablishing vegetation on any revegetated areas should those areas fail. <br />The following tables summarize the history of liability at the Keenesburg Strip Mine and the financial <br />warranty amount to be held once SL -06 is finalized. <br />Table 1: History of Liability at the Keenesburg Strip Mine <br />Table 2. SL -06 Bond Reduction Amount <br />Reclamation work that remains to be done at the site includes completion of backfill and grading of the <br />remaining portions of Pit B; ripping and regrading of interior access roads; topsoil replacement on Pit B <br />regraded areas, spoil pile footprint, and regraded access roads and seeding of all topsoiled areas; grading <br />and seeding of topsoil stockpile footprints; and structural demolition of facilities area. Details of the <br />Keenesburg Mine's reclamation plan may be found in Section 2.05.4 (p. 113) of the permit. Sediment <br />Page 9 <br />