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474294 / MIK724734132 VERSO QUINNESEC LLC
W 6791 US HIGHWAY 2, QUINNESEC, MI 49876

Financial Assurance Data (8)

Financial Assurance Type
Account / Project Number
Current Balance
Bond Anniversary Date
Perpetual Care Fund 76603570 $1,052,131.42
Account Number:
76603570
Current Balance:
$1,052,131.42
PCF Type:
Escrow Account
Current Balance Date:
9/30/2024
Date Signed by Facility:
8/3/2016
PCF Has Been Released:
No
Date Executed by EGLE:
8/5/2016
PCF Max:
$10,000,000.00 $10,000,000.00
Grantor:
VERSO QUINNESEC LLC
Account Project Number:
76603570
Current Balance:
$1,052,131.42
Instrument Type:
Current Balance Date:
9/30/2024
Anniversary Date:
Original Balance:
Bond Status:
Active
Effective Date:
Bond Status Date:
8/5/2016
Continuous Bond:
No
Grantor:
VERSO QUINNESEC LLC
Disposal Area Types (0 records):

 

 
Financial Instrument - Letter of Credit IS0461043U $920,000.00 6/18/2022
Account Number:
IS0461043U
Current Balance:
$920,000.00
PCF Type:
Current Balance Date:
10/18/2016
Date Signed by Facility:
PCF Has Been Released:
No
Date Executed by EGLE:
PCF Max:
$10,000,000.00 $10,000,000.00
Grantor:
VERSO PAPER HOLDINGS LLC
Account Project Number:
IS0461043U
Current Balance:
$920,000.00
Instrument Type:
LOC - Letter of Credit
Current Balance Date:
10/18/2016
Anniversary Date:
6/18/2022
Original Balance:
$920,000.00
Bond Status:
Active
Effective Date:
10/18/2016
Bond Status Date:
6/18/2021
Continuous Bond:
Yes
Grantor:
VERSO PAPER HOLDINGS LLC
Disposal Area Types (0 records):

 

 
Financial Instrument - Letter of Credit SBY60687 $920,000.00 2/21/2024
Account Number:
SBY60687
Current Balance:
$920,000.00
PCF Type:
Current Balance Date:
2/14/2023
Date Signed by Facility:
PCF Has Been Released:
No
Date Executed by EGLE:
PCF Max:
$10,000,000.00 $10,000,000.00
Grantor:
BILLERUD AMERICAS CORPORATION
Account Project Number:
SBY60687
Current Balance:
$920,000.00
Instrument Type:
LOC - Letter of Credit
Current Balance Date:
2/14/2023
Anniversary Date:
2/21/2024
Original Balance:
$920,000.00
Bond Status:
Active
Effective Date:
2/14/2023
Bond Status Date:
2/21/2023
Continuous Bond:
Yes
Grantor:
BILLERUD AMERICAS CORPORATION
Disposal Area Types (0 records):

 

 
Financial Instrument - Letter of Credit S24064 $920,000.00 12/12/2025
Account Number:
S24064
Current Balance:
$920,000.00
PCF Type:
Current Balance Date:
11/26/2024
Date Signed by Facility:
PCF Has Been Released:
No
Date Executed by EGLE:
PCF Max:
$10,000,000.00 $10,000,000.00
Grantor:
Account Project Number:
S24064
Current Balance:
$920,000.00
Instrument Type:
LOC - Letter of Credit
Current Balance Date:
11/26/2024
Anniversary Date:
12/12/2025
Original Balance:
$920,000.00
Bond Status:
Active
Effective Date:
11/26/2024
Bond Status Date:
12/12/2024
Continuous Bond:
Yes
Grantor:
Disposal Area Types (0 records):

 

 
New Row
Account Number:
Current Balance:
PCF Type:
Current Balance Date:
Date Signed by Facility:
PCF Has Been Released:
Date Executed by EGLE:
PCF Max:
$10,000,000.00 $10,000,000.00
Grantor:
Account Project Number:
Current Balance:
Instrument Type:
Current Balance Date:
Anniversary Date:
Original Balance:
Bond Status:
Active
Effective Date:
Bond Status Date:
5/1/2025
Continuous Bond:
Grantor:
Disposal Area Types (0 records):

 

 
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$3,812,131.42 Total Open Financial Assurances:

Cost Estimate Data

Cost Estimate Type Amount Date
Closure / Post-Closure
$1,734,480.69
6/12/2012
Corrective Action
$0.00
Other
$0.00
Total Cost Estimate Data
$1,734,480.69
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Financial Assurance Action (0)

Due Date
Completion Date
Action
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Due Date:
Action:
Responsible Person:
Branch:
Completion Date:
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