(A) No later than 120 days after the receipt of a complete financial assurances proposal, the Planning Commission shall hold a public hearing upon the proposal. Notice of the public hearing shall be given in accordance with
§ 17.52.320 of this code. At the public hearing, the Planning Commission shall consider any comments received from the Department of Conservation regarding the subject financial assurances proposal.
(B) A decision to approve, deny, modify or revise a financial assurances proposal shall be made by the Planning Commission at the conclusion of the public hearing thereon unless the applicant agrees to an extension. The Planning Commission shall approve a financial assurances proposal upon making the following findings:
(1) The financial assurances proposal complies with this code, and any other applicable provisions of state law.
(2) The financial assurances proposal is sufficient to fund reclamation of lands remaining disturbed by the surface mining operation.
(C) If the Planning Commission does not approve a financial assurances proposal, the Commission shall return the proposal to the applicant within 60 days. The applicant shall have 60 days from the date at which the financial assurances proposal is returned to revise the proposal to address identified deficiencies.
(D) Within 15 days of approving, modifying or revising a financial assurances proposal, the Planning Commission shall transmit to the applicant a copy of the approved proposal. Copies of the approved financial assurances proposal shall be provided to the Department of Conservation and to any person who has requested in writing that such copies be provided.
(`83 Code, § 15.30.500) (Ord. 97-03 § 1, 1997)