REV00232 - Laserfiche WebLink

Home Browse Search

.,. M= N R E C, I N C. 773 VALLEY COURT GRAND JUNCTION, 00 81505 RED CANYON MINES Mined Land Reclamation Division 215 Centennial Building 1313 Sherman Street Denver, Colorado 80203-'L 273 Re: Permit No. C-81-034; Succession of Operators Dear Sirs: November III III'lllll'llllll 8, 1989 R~~I~~® r,©v lg 1ss9 MINED u,~~u RECLAMATION DIVISION MINREC, INC. and Grand Mesa Coal Company entered into a Transfer Agreement effective October 31, 1989, by which Grand Mesa Coal Company agreed to transfer Permit No. C-81-034 to MINREC, INC., and MINREC, INC. agreed to assume all obligations of the permit as successor operator. To support the transfer, enclosed please find the following: 1. Request for Transfer of Coal Permit and Succession of Operators Form, fully executed. 2. Information regarding MINREC, INC. required by Rules 2.03.4, 2.03.5, 2.03.6, 2.03.7(3), 2.03.9 and 2.03.10. This information is supplied in the form of revised pages to the existing permit. 3. The proposed public notice of the permit transfer required by Rule 2.08.6(31. A letter of credit to support the required performance bond in the amount of $74,000 is being obtained and will be submitted shortly. Please advise me promptly if any additional information is required. The Transfer Agreement also provides for Blue Ribbon Coal Company and Snowmass Coal Company to transfer Permit Nos. C-81- 047 and C-81-025, respectively, to MINREC, INC., and for MINREC, INC, to assume all obligations as successor operator under those permits as well. The Transfer Agreement provides that the trans- fer of Permit No. C-81-034 is contingent upon approval of the transfer of all three permits and certain other conditions. A closing will be held within ten days after all of those condi- tions have been met, at which time MINREC, INC. will formally as- sume all obligations of Permit No. C-81-034 as successor operator.