2002-02-20_REVISION - M1996089 - Laserfiche WebLink

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~ ~ ~~_G, ~ STATE OF COLORADO DIVISION OF MINERALS AND GEOLOGY Department of Natural Resources 1313 Sherman SL, Room 215 Denver, Colorado 80203 n~~~~~ DIVISION O F Phone: (303) 866-3567 L/ M I N E R!~ L$ FAX: (303) 832-8106 ~~ ~~~~~~ & ~~~~~~ GEOLOGY RECLAMATION ' MININ G•SAFETY FEB 2 5 pQpy February 2Q 2002 / flivision of Minersls and 6eoloBY Kenneth Skoglund / Skoglund Excavating, Inc. P.O. Box 209 Moffat CO 81143 Re: Skoglund Pit,-Permit No. M-1996-089, Routine Bond Review, Notice of Bond Increase Dear Mr. Skoglund, Bill Owens Governor Greg E Watcher Executive Director Michael B. Long Division Director It has been four years since the last review was conducted of your bond amount. This office is required to recalculate the needed bond amounts periodically. 1 have finished a new cstimaze of the reclamation costs and find that an increase to the bond amount is indicated. Your current bond amount is $10,000, and was calculated to cover the reclamation costs of your operation in 1997 The recent recalculation has a total of $14,218, which is an increase of $4,218 over your existing bond. The reasons for this increase mainly lie in the increases we have seen in equipment operating and rental rates, labor rates, and fuel costs in the last few years. Your operation is approved for phased mining and reclamation, with a specified maximum number of disturbed acres and slope gradients. You are operating well within the limits which arc approved for your permit, and this is reflected in the figures in the enclosed packet. The costs of the various reclamation tasks are on the pages of the enclosed packet. The pages of the packet are arranged with aone-page summary, followed by detailed sheets for each of the different tasks, and an equipment production and cost sheet at the end. Please review these sheets and notify me promptly if you notice an error or omission. The enclosed figures may be adjusted if there is justification to do so. Please note that these costs are not meant to reflect the reclamation costs that you, the permitted operator, will incur during reclamation. It must be understood that the bond must be sufficient to cover reclamation costs which would be charged [o the State by a contractor, which are typically much higher than your in-house costs. State law allows bonds to be re-evaluated, and requires that operators maintain their bonds in amounts adequate to perform the required reclamation. If an increase in bond amount is indicated by such re-evaluation. the operator is rcauired to urovide the necessary increase within 60 days after notification. This letter serves as your notice that the bond amount will increase. If there are to be adjustments to the figures on the enclosed sheets, we must discuss them during the nest 60 days. If I do not hear from you, the figure shown in this packet becomes the required amount to be provided. If you have questions about the riffs of bonds accepted by the State, or need uew bond forms, please contact Ms. Suzi Ericksen at our Denver office (see letterhead). For all questions about the numbers in this packet, please contact me as shown below. Your bond submittal should be sent directly to Ms. Ericksen in Denver. cont.