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REV02097
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REV02097
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Entry Properties
Last modified
8/25/2016 12:59:42 AM
Creation date
11/21/2007 8:58:22 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1981041
IBM Index Class Name
Revision
Doc Date
9/8/1997
Doc Name
REPLACEMENT BOND C-81-041
From
POWDERHORN COAL CO
To
DMG
Type & Sequence
SO1
Media Type
D
Archive
No
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-z- <br />WHEREAS, as part of the application for such permit, Principal has <br />agreed with the State and the United States/OSMRE to complete a specified plan <br />("the Plan") for reclamation, as required by law, of the lands disturbed by <br />reason of such mining operations. The Plan may be amended from time to time <br />with the approval of the State, acting through the Department of Natural <br />Resources and, as appropriate, the Division of Minerals and Geology <br />("the Division") or the Mined Land Reclamation Board ("the Board"> and the <br />United States of America, acting through the Department of the Interior, <br />Office of Surface Mining Reclamation and Enforcement ("the OSMRE"). <br />The phrase "Board or Division" in this bond means that organ of State <br />government which has the authority to act in the circumstance referred to, and <br />recognizes that the Mined Land Reclamation Act (34-32-101 et seg.> and the <br />Colorado Surface Coal Mining Reclamation Act (34-33-101 et se~c.> confer <br />distinctive and sometimes different responsibilities upon the Board and the <br />Division. <br />NOW THEREFORE, the conditions of this obligation are such that, if the <br />above-bonded Principal shall, in conducting such mining and reclamation <br />operations, faithfully perform the requirements of the Plan, as amended from <br />time to time, and comply with the conditions of the Permit and with all <br />applicable laws and regulations of the State, and if the Board or the Division <br />shall make a finding that the lands upon which such operations have been <br />conducted have been satisfactorily reclaimed, and if the OSMRE shall concur <br />with this finding, then the Board or the Division shall, upon receipt of a <br />request for bond release on such lands or a request for partial release as to <br />any portion thereof, and upon the completion of applicable procedures of law <br />and regulation governing release of bond, release the Principal and the surety <br />to the extent that it determines such reclamation to have been accomplished. . <br />ADDITIONAL PROVISIONS <br />(1) The amount of this bond is based upon estimates as to the cost of <br />reclamation, and does not operate to liquidate, limit, enlarge, or restrict <br />the Principal's obligations to complete the reclamation plan and to comply in <br />all respects with the Permit and with applicable laws and regulations <br />governing reclamation, even though the actual cost thereof may substantially <br />exceed the amount of this bond. <br />(2) The surety shall not be liable under this bond for an amount <br />greater than the sum designated in the first paragraph hereof, unless <br />increased by a later amendment to this bond. This bond shall be reviewed by <br />the Board or the Division from time to time, and with the knowledge of the <br />OSMRE, the Board or the Division may require an increase in the principal sum <br />of this bond (and a corresponding increase in the surety amount) to cover <br />increases in the estimated costs of reclamation, but no such increase shall <br />bind the surety unless and until it shall have consented thereto in writing by <br />the issuance of an additional surety bond or by an endorsement to this bond. <br />
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