312 Ind. Admin. Code 25-5-8

Current through May 29, 2024

Section 312 IAC 25-5-8 - Bond amount; determination

Authority: IC 14-34-2-1

Affected: IC 14-34-3; IC 14-34-6; IC 14-34-9; IC 14-34-10

Sec. 8.

(a) The director shall approve a bond rate per acre based on the probable difficulty of reclamation due to, but not limited to, factors such as the following:

(1) Prime farmland requirements.

(2) Postmining land uses.

(3) Depth of overburden.

(4) Topsoil handling requirements.

(5) Use of alternate topsoil materials.

(6) Topography.

(7) Potential toxic producing materials.

(8) Excess spoil.

(9) Surface and ground water requirements.

(10) Nature of overburden.

(11) Revegetation requirements.

(12) Remining of previously disturbed areas.

(13) Refuse disposal considerations.

(b) The minimum amount of bond for a surface or underground coal mining and reclamation operation shall be ten thousand dollars ($10,000) for the entire area under permit.

(c) The bond per acre shall be no more than ten thousand dollars ($10,000) per acre nor less than three thousand dollars ($3,000) per acre.

312 IAC 25-5-8

Natural Resources Commission; 312 IAC 25-5-8; filed Jun 21, 2001, 2:53 p.m.: 24 IR 3504, eff Dec 1, 2001; readopted filed May 29, 2007, 9:51 a.m.: 20070613-IR-312070146RFA; readopted filed Sep 19, 2013, 10:12 a.m.: 20131016-IR-312130125RFA

Readopted filed 3/26/2019, 3:40 p.m.: 20190424-IR-312190011RFA