_GENERAL DOCUMENTS - C1981017 ‎(231)‎

• Permit No: C1981017
• IBM Index Class Name: GENERAL DOCUMENTS
• Doc Name: Bid Documents ‎(IMP)‎ 1998 Correspondence
• Permit Index Doc Type: General Correspondence
• Media Type: D
• Archive: No

5TATE OF COLORADO
DIVISION OF MINERALS AND GEOLOGY
Department of Natural Resources Pow,.W,
1 313 Sherman St, Room 215
Denver,Colorado 80203
Phone [phone]
FAX [phone]
DEPARTMENT OF
NATURAL
December 9, 1998
RESOURCES
Roy Romer
Governor
MEMO
James S Lochhead
Executive Director
CONFIDENTIAL Michael B Long
Division Director
TO: Mike Long, David Bucknam, Cheryl Linden
FROM: Steve Renner,
RE: Reclamation Plans, Coal Basin Mine
This memo summarizes remaining work to be accomplished and establishes a preliminary time
table for completion of the jobs. Unfortunately, the uncertainties created by the pending
litigation do not allow for establishment of a precise time table. A cost to complete each of the
remaining Projects is also included.
Costs are compiled from our January 23, 1998 reclamation cost estimate. I will re-evaluate
certain components of the estimated costs, particularly in relation to the Wash Plant Area Project,
at the first of the year. This may result in a slight change in the estimated cost of that project .
The cost to perform the South Basin Steep Slope Revegetation Project is taken directly from the
price bid by the contractor. A correlation between this price and the January 23, 1998 cost
estimate is difficult to make, as components of two projects contained in the cost estimate are
reflected in the price bid.
It is estimated that we currently hold approximately $240,000 of bond money in the reclamation
account. This estimate should be fairly accurate after all final payments are made for 1998
construction work.
As you may recall, we are still owed approximately $615,000 from the Trustee. However, it is
safe to assume that we will not receive any of the money owed until the pending litigation is
resolved. It also seems likely that the actual amount paid will be decreased by the value of the
work Midcon LLC is accomplishing at the loadout facility. Due to delays in the litigation as a
result of more filings by Midcon LLC, it is not anticipated that a trial will be held until August or
September of 1999. If the additional funds are provided at that time, it would probably be too
late in the season to initiate any significant project. For planning purposes, it is assumed that the
only money available from the bankrupt estate for 1999 is that which is currently on deposit with
the Treasurer.