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COLORADO <br />Division of Reclarnatio , <br />,. <br />Mining and safety <br />Department of Natural Resources <br />1313 Sherman Street, Roorn 215 <br />Denver, CO 80203 <br />February 29, 2016 <br />Chris Gilbreath <br />Tri-State Generation and Transmission Assoc., Inc. <br />P.O. Box 33695 <br />Denver, CO 80233-0695 <br />Re: New Horizon Mine (Permit No. C-1981-008) <br />Bond Release Application No. 16 (SL -16) <br />Dear Mr. Gilbreath: <br />The Division has re -issued a proposed decision to approve Bond Release Application No. 16 <br />(SL -16) for the New Horizon Mine. Enclosed is the Division's decision form and written <br />findings. Notice of the proposed decision will be published in the San Miguel Basin Forum, as <br />soon as possible. Publication of the notice initiates a thirty -day public comment period. If there <br />are no requests for an adjudicatory hearing within the thirty days, the decision will become final. <br />The Division proposed to approve SL -16 on January 5, 2016 with the initial reclamation cost <br />estimate of $5,432,359.95. As a result of the work accomplished for SL -16, the reclamation cost <br />estimate was reduced by $436,761.74 for a remaining liability of $4,995,598.21. During this time, <br />TR -69 was finalized which increased the mine's liability by $9,585.90. This amount, however, was <br />not included in the SL -16 cost estimate. The Division's decision to approve SL -16 is being re - <br />proposed to include the increased liability costs associated with TR -69. <br />As provided by Rule 3.03.2(6), should you object to the Division's proposed decision, you may <br />request an adjudicatory hearing. <br />If there are stipulations attached, please sign and return the proposed decision form to the <br />Division. <br />1313 Sherman S'tree't, Roorn 215, Denver, CO 80203 P 303,8EiE 3567 F 303,832,8106 Ih't'tl:a:l/rnining.sta'te.co.0 s <br />John W. Hickenlool:aer, Governor I Mike King, Executive Director I Virginia Brannon, Director <br />