2012-07-25_GENERAL DOCUMENTS - C1981019

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2011). Colowyo originally requested that 987.32 acres be Phase III Bond Released. Specifically excluded from the Phase III bond release decision are 7.8 acres for permanent drainages, Streeter Drainage, Gulch A, and South Streeter Ditch, that continue to receive runoff of areas that have not been approved for Phase III bond release, and topsoil stockpile 15G. Phase III Colowyo has requested a release of $5,000,000.00 for the partial Phase III Bond Release areas included in the SL-05 application. The Division was unable to find any explanation or computation in the SL-05 bond release application regarding Colowyo’s request for release in the amount of $5,000,000.00. The Division proposes to release $692,320.04 of reclamation liability. This value was derived by calculating the cost of the reclamation tasks proposed to be released with the approval of SL-05 using the Division’s CIRCES program. The Division evaluated Colowyo’s reclamation Cost Estimate (Exhibit 13A of the Permit) to assure that adequate reclamation bond is retained for all remaining reclamation and maintenance tasks in accordance with the approved reclamation plan The remaining reclamation liability, after the proposed release for SL-05 and as updated for current costs, will be $68,825,509.96. Table 1 provides a summary of the SL-05 bond release amounts. The Division proposes to approve Phase III Bond Release on 979.52 acres of the Colowyo Mine disturbed area; 924.60 acres in the East Pit and 54.92 acres in the West Pit. Table 2 shows the disturbed area acreage and all bond released acreages to date. The proposed amount to be released for the partial Phase III Bond Release is 100% of the full required surety for the applicable area pursuant to Rule 3.03.1(2) (b). A summary of the original liability amounts and all bond releases to date is presented in Table 3. The remaining $68,825,509.96is sufficient to complete all remaining reclamation work at the site if the work had to be performed by the Division, including the cost of the remaining backfilling and grading, drainage control reestablishment, topsoil redistribution, initial vegetation establishment and reestablishing vegetation on any revegetated areas, should those areas fail. Any person with a valid legal interest which might be adversely affected by this proposed decision may request a formal public hearing before the Mined Land Reclamation Board in accordance with Rule 3.03.2(6). Public notice of this proposed decision will be published twice in the Craig Daily Press as soon as possible. Requests for public hearing must be submitted to the Division in writing within thirty days of the first publication in the Craig Daily Press. If no hearing is requested within those thirty days, the Division's decision will become final. This concludes the Proposed Decision and Findings of Compliance for the Colowyo Mine Partial Phase III Bond Release SL-05. Proposed Decision and Findings of Compliance 25 July 2012 Partial Phase III Bond Release Sl-05 Page 14