|Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - November 3, 2015|
Agenda Item #38
Bonds - Southeast Tract - Reclamation Bond Rider Adjustment
Contact and/or Presenter Information
Carmen Mosley, Sr. Fiscal Services Manager, 708-7450, Ext. 7209
Jane Oliver, Fiscal Analyst, 708-7450, Ext 7613
In accordance with Ordinance 04-39, a phosphate mine reclamation bond covers one hundred ten percent (110%) of the reclamation cost for each acre of land to be disturbed during the coming year and all land previously disturbed by mining activities and includes the costs of the wetland mitigation and the tear-down and removal of mine infrastructure. On an annual basis, the accuracy of the bond areas and the costs of reclamation is certified by a registered third party engineer and is reviewed and approved by the Director or his designated staff.
The Parks and Natural Resources Department has reviewed the increased amount for the Southeast Tract. This Bond is increased from $3,821,551.00 to $3,927,638.00 for the 2015/2016 annual report year. It has been determined that the increased amount meets the requirements of the Manatee County Phosphate Mining Code (Ordinance 04-39) and Operating Permit R-14-002.
County Attorney Review
Not Reviewed (No apparent legal issues)
Explanation of Other
Instructions to Board Records
Cost and Funds Source Account Number and Name
Amount and Frequency of Recurring Costs
Attachment: Southeast Tract Rider.pdf