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Page 6 of 7 <br /> Schedule <br /> Reclamation is expected to be completed within one to two years from the end of excavation,but <br /> not more than five years from the date each phase has commenced. <br /> Financial Warranty <br /> The Operator will supply to the Office a Performance and Financial Warranty in accordance with <br /> Rule 4. Refer to Exhibit L—Reclamation Costs. <br /> Annual Report and Fees <br /> Pursuant to Rule 1.15 Annual Report Inclusions, the Annual Report shall include all information <br /> specified on the Annual Report Form, in the format required by the Office, including the <br /> following: <br /> • An updated statement regarding the sufficiency of the value of the Financial Warranty. <br /> • A map that accurately depicts the permit boundary, current affected area boundary, <br /> location of the acres affected during the current report year, acres reclaimed during the <br /> current report year, estimated new acreage to be affected in the next report year, and <br /> acres to be reclaimed in the next report year. <br /> • On the anniversary date of the Notice of Intent(NOI) approval, the operator shall submit <br /> to the Office an annual fee, as specified in Section 34-32.5-125, C.R.S. <br /> Change in Address, Ownership, and Business Name <br /> Pursuant to Rule 1.16 the Operator shall promptly notify the office of any change in mailing <br /> address, transfer of land ownership, and official business name associated with the Performance <br /> and Financial Warranty. Where an Operator files a petition of bankruptcy, the Operator shall <br /> immediately notify the Office via certified mail of such filing. <br /> Post-Reclamation Inspection and Release of Warranties <br /> Each Phase will be reclaimed pursuant to the Rules. Pursuant to Rule 3.1.3, all reclamation shall <br /> be carried to completion by the Operator with all reasonable diligence, and each phase or <br /> reclamation shall be completed within five (5)years from the date the Operator informs the <br /> Board of Office that such phase has commenced, or from the date the Office has evidence that <br /> mining or exploration has ceased, unless extended by the Board or Office. The 5-year period <br /> may be applied separately to each phase as it is commenced throughout the life of the mine. <br /> Pursuant to Rule 4.17.1, the Operator or any mining operation processing a 110 Limited Impact <br /> Permit, or a 111 Special Operations Permit, or a 112 Reclamation Permit may file a written <br /> notice of completion of reclamation and request for release of reclamation responsibility with the <br /> Office whenever an Operator believes any or all requirements of the Act, the Rules and <br /> Regulations, and the approved reclamation plan have been completed with respect to any or all <br />