Laserfiche WebLink
4. Develop a cost estimate for the final reclamation plan, ranking the items in <br /> order of critical environmental significance, and provide this to the Attorney <br /> General's Office. <br /> 5. Present the reclamation plan to the Mined Land Reclamation Board, and inform <br /> them of the potential contingencies that could occur if the sale of the rock dust <br /> plant and negotiations with Sanwa result in funds less than anticipated. <br /> 6. Direct Mid-Continent to begin reclamation in accordance with the plan. <br /> B. The Attorney General's Office will: <br /> 1 . Encourage Mid-Continent to continue its efforts to sell the rock dust plant, <br /> recommending that M & E or other marketers be brought into those efforts, to <br /> ultimately replace the deed of trust reclamation bond with a cash bond. <br /> 2. Obtain an appraisal for the value of the rock dust plant. If the appraised value <br /> of the plant meets or exceeds the Division's estimates for the cost of <br /> reclamation, then the Division will await the sale of the plant and the <br /> subsequent cash bond replacement before initiating bond forfeiture, bid <br /> document preparation, and reclamation proceedings. Should the sale of the <br /> plant generate funds significantly less than its appraised value, then the <br /> Attorney General's Office will proceed as outlined in the next step. <br /> C. If the appraised value of the rock dust plant (or the amount of funds from its sale) is <br /> significantly less than the cost to conduct reclamation, then the Attorney General's <br /> Office will enter into negotiations with Sanwa Bank for the difference. <br /> 1 . If the negotiations with Sanwa prove favorable, then the Division will combine <br /> those funds obtained from the negotiations with the funds generated from the <br /> forfeiture of the Mid-Continent cash bond, and initiate bid document and <br /> reclamation proceedings as defined in the Board-approved plan. <br />