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Mine-subsidence program reviewed; board approves $2.829 million reclamation grant
Summary
The Mine Land Reclamation Board heard an annual report on the Mine Subsidence Protection Program, was told the program covers 869 enrolled properties (730 in Colorado Springs), and voted to approve the Division's $2,829,000 inactive mine reclamation grant request for 2025.
The Mine Land Reclamation Board on April 16 received an annual update on the Mine Subsidence Protection Program and approved the Colorado Division of Reclamation, Mining and Safety's (DRMS) $2,829,000 reclamation grant request for fiscal 2025.
The Mine Subsidence Protection Program, a state trust created in 1989 and funded originally by a $3 million federal grant, provides post-subsidence benefit payments and a claims process to eligible homeowners. Jeff Graves, program director for the Inactive Mine Reclamation Program, told the board the program currently has "a total of 869 members enrolled in the program," with 730 of those in Colorado Springs.
The program reimburses eligible covered losses up to $100,000 per subsidence occurrence with a $1,000 deductible; baseline geotechnical inspections cost $200 and the annual administrative fee is $35 for three consecutive years before enrollment is considered permanent. Graves and Mine Subsidence Protection Program administrator Rachel Nicholas explained enrollment is limited to homes built before…
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