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SJc fl s~-~~ <br />~A~g_Information ~~ <br />III IIIIIIIIIIIIIIII` <br />999 <br />3.02 Performance Bond Requirements for Surface Coal Mining and <br />Reclamation Operations <br />~oc Dade, lzlrtlor <br />This regulatory section defines the requirements for filing and maintenance of performance <br />bonds, addresses requirements for determination of bond amounts, identifies acceptable bonds <br />and conditions for acceptance of bonds, and provides guidelines for bond release and <br />procedures for bond foreclosure. <br />Consistent with applicable regulatory requirements, EFMC has filed and maintains adequate <br />reclamation surety to insure final reclamation of the mine. The surety is payable to the State of <br />Colorado and covers all existing mining related surface disturbance within the EFMC permit <br />azea. EFMC maintains a copy of the surety bond with the mine public inspection files. <br />3.02.2 Determination of Bond Amount <br />EFCI has completed a detailed reclamation bond estimate to perform reclamation of all existing <br />• and proposed disturbance during the term of the permit. The estimate, and subsequent revisions <br />and adjustments, was submitted to the Division for review and documentation. A detailed bond <br />estimate is included in this section of the permit. <br />In April 1990, the Division completed a reclamation wst estimate calculated to be $212,331. <br />Reclamation work completed since this date and subsequent phased bond releases have reduced <br />the bond liability as summarized below. <br />1992 DMG reclamation liability estimate is $213,638. <br />2/94 DMG approved Phase I, II, and III bond release (SL-0l) for the Burlington Northern <br />Loadout for the amount of $7,807, reducing the total liability to $205,831. <br />2/95 DMG Midterm Review estimates the reclamation liability to be $231,070, an increase <br />of $25,239 over the previous amount. This difference results from the Division's <br />methods for determining bond costs and including new reclamation tasks. <br /> <br />(>68 Revised: 4!12/01 <br />Technical Revision #21 <br />