My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
_GENERAL DOCUMENTS - C1981017 (228)
DRMS
>
Day Forward
>
General Documents
>
Coal
>
C1981017
>
_GENERAL DOCUMENTS - C1981017 (228)
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/2/2020 10:04:01 AM
Creation date
6/19/2012 2:57:53 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1981017
IBM Index Class Name
GENERAL DOCUMENTS
Doc Name
Bid Documents (IMP) TDN 98-140-116-001
Permit Index Doc Type
General Correspondence
Media Type
D
Archive
No
Tags
DRMS Re-OCR
Description:
Signifies Re-OCR Process Performed
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
91
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
�R <br /> Jim Fulton <br /> June 8, 1998 <br /> Page 2 <br /> At the time MCR filed for bankruptcy, the Division's cost estimate for the bond was <br /> approximately $3 million. Under MCR's liquidation plan, the Division is to receive that <br /> amount in cash and services. <br /> In the Pitkin County lawsuit, MCR requested the Division to provide an accounting of its best <br /> estimate of the cost of completing reclamation. The Division provided such an accounting, last <br /> January. <br /> Mr. Mechau accurately states that the two administrative costs described above were not listed <br /> as separate line items in the cost accounting provided to the Pitkin County Court earlier this <br /> year. The assets currently being distributed to the Division by the bankruptcy trustee could be <br /> directed towards contract preparation and project management costs. We have not chosen to <br /> direct any funds in that manner, however. Rather we have directed the liquidation funds to <br /> acquisition of on-the-ground reclamation. Our intention is to continue that approach into the <br /> future until completion of the Coal Basin project. <br /> Directing 100% of the bond forfeiture proceeds to on-the-ground reclamation at Coal Basin <br /> requires that contracting and project management costs be paid for with normal program funds, <br /> including federal grants and State funding sources. Our grant and budget requests since 1993 <br /> have clearly stated, that a portion of program funds would be used to pay salary, travel, <br /> operating and capital expenses directly associated with our reclamation work at the Coal Basin <br /> site. <br /> In the event proceeds from the bankruptcy liquidation prove to be insufficient to fund <br /> necessary reclamation, other legal remedies are still available for the Division to pursue funds <br /> from responsible parties. As explained in our March 30, 1998 response to Mr. Mechau's <br /> previous complaint, the December 27, 1996 Colorado Court of Appeals ruling left open the <br /> possibility of pursuing additional funds against the agents of MCR should funds through the <br /> liquidation plan prove insufficient to conduct necessary reclamation. <br /> I hope the explanation above is helpful in responding to Mr. Mechau's letter. For your <br /> information, I have included a copy of the appropriate page of the Coal Basin bond estimate, <br /> which clearly lists the contract and project management cost estimates. I apologize for the <br /> extremely poor quality of the copy. This is, unfortunately, the best copy available. However, <br /> due to the poor copy quality I have also included a typewritten version of the germane portions <br /> of the estimate. Please let me know if you have any further questions and, please keep me <br /> informed of OSM's thoughts on this matter. <br />
The URL can be used to link to this page
Your browser does not support the video tag.