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<br /> <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman Sl., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (3031 832-8106 <br />RECEIVED <br />~~~~ <br />DEPARTMENT OF <br />NATURAL <br />RESOURCES <br />APR 10 2000 <br />Divisbrl 01 Minerab & Geobsy <br />TRANSFER OF PERMIT AND SUCCESSION OF OPERATORS <br />APPLICATION FORM <br />Roy Romer <br />Governor <br />lames S. Lochhead <br />EaecNive Director <br />Michael B. long <br />Division Dvettor <br />The application for a Transfer of Permit and Succession of Opemtots must contain four (4) major parts: 1) an Application <br />Fortn; 2) an Application Fee; 3) a Performarlce Waranty (attached as part of the Application Package) bearing the original <br />notarized signature of the Successor Operator, and, 4) a replacement Financial Warranty provided by the Successor <br />Operator, bearing an original notarized signature. To expedite processing, please provide the information in the format <br />and order described below. <br />I. FINANCIAL WARRANTY INFORMATION (Choose ONE Oytion): <br />1.Option A: I wish to W AiVE MY RIGHT to a 30-day processing time to allow <br />(Initial & Date) the Division of Minerals and Geology to recalculate the Financial <br />Wartanty requirements. <br />2.O~tion B: ~• ~"I_ ~1 _ ~ ~ I DO NOT W [SH TO WAIVE MY RIGHT to a 30-day processing <br />(Initial & Date) time. I hereby submit a replacement Financial Warranty for the same <br />dollaz amount as the Financial Warranty maintained by the current <br />operator. 1 unde[stand that the Division of Minerals and Geology will <br />recalculate the required reclamation bond within 60-days from the date <br />that the transfer is completed and the required FINANCIAL <br />WARRANTY COULD BE SUBSTANTIALLY INCREASED at that <br />time. As the new operator, l agree to be responsible for posting any <br />required increase to the fmancial warranty for good cause shown, in a <br />form acceptable to the Board, within fi0-days of such notice. <br />