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2018-07-09_PERMIT FILE - C1981019
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2018-07-09_PERMIT FILE - C1981019
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Entry Properties
Last modified
4/23/2020 4:41:13 PM
Creation date
9/21/2018 8:11:20 AM
Metadata
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Template:
DRMS Permit Index
Permit No
C1981019
IBM Index Class Name
Permit File
Doc Date
7/9/2018
Section_Exhibit Name
Rule 2 Miscellaneous Requirements
Media Type
D
Archive
No
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RULE 2 PERMITS <br />-3- <br />(3) Surety reserves the right to cancel this bond, effective only <br />upon an anniversary date, and only by giving written notice to that effect, <br />mailed by certified mail, at least ninety (90) days prior to such anniversary <br />date, addressed to both the Principal, at its address herein stated, and to <br />the Division at 1313 Sherman Street, Room 215, Denver, Colorado 80203. In the <br />event of such cancellation, this bond shall nevertheless remain in full force <br />and effect as respects the reclamation of all areas disturbed prior to the <br />effective date of such cancellation, unless and until the Principal shall file <br />a substitute bond which: 1) assumes liability for all reclamation obligations• <br />which shall have arisen at any time while this bond is in force, and <br />2) is accepted in writing by the Board or Division. <br />(4) In the event of such cancellation, if the bond is not fully <br />released. the amount of the continuing bond available for the reclamation of <br />areas disturbed and unreclaimed at the date of cancellation, shall be fixed by <br />the Board or the Division at the amount it determines necessary to complete <br />such reclamation (which amount may not exceed the sum designated In the first <br />paragraph hereof) and the Board or Division shall concurrently identify such <br />areas 1n wri.ting, and notify the Principal and the surety thereof. <br />Thereafter, the obligation of the surety shall be limited to reclamation of <br />the areas so identified. <br />(5) The consideration for surety's execution of this agreement is the <br />promise of the Principal to pay the premiums, but failure by the Principal to <br />pay such premiums shall not invalidate or diminish surety's obligation <br />hereunder. <br />(6) The description of lands herein set forth is for convenience of <br />reference only, and no error in such description, nor any revision of the <br />permitted mining area, nor the disturbance by the Principal of lands outside <br />of the permitted mining area shall alter or diminish the obligation of the <br />Principal or the surety hereunder, which shall extend to the reclamation of <br />all such lands disturbed. <br />(7) The obligation of this bond shall continue (unless cancelled <br />pursuant to paragraph (3) hereof) until released in writing by the State, with <br />the concurrence of OSMRE, in accordance with applicable laws specifying bond <br />release procedures. The parties understand that periods of years may <br />necessarily be required before determination can be made that reclamation work <br />has been satisfactorily completed. No revision, extension, or renewal of the <br />Operator's mining permit, or of the time allowed the Operator to complete <br />reclamation shall diminish surety's obligation hereunder. No <br />misrepresentation by the Principal which may have induced the surety to <br />execute this bond shall be any defense to demand by the State under this <br />agreement. <br />(8) The surety will give prompt written notice, mailed by certified <br />mail, to the Principal, at its address herein stated, and to the Division at <br />1313 Sherman Street, Room 215, Denver, Colorado 80203, of any notice received <br />or action filed alleging the insolvency or bankruptcy of the surety, or <br />alleging any violations of regulatory requirements which could result in <br />suspension or revocation of the surety's license to do business. <br />Rule 2 Permits 2-26 Revision Date: 6/23/08 <br />Revision No.: MR -91 <br />
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