Laserfiche WebLink
-4- <br />IV. RECITALS <br />I . On Sv ~Y ~ 5 oZ 00 Permit Number M-19S ~ -U (91 was granted [n <br />UrJAW6LA V~rviVRiS 4^1^~ (existing operator)("Permittee"),putsuantto which <br />Pemrittee has been conducting a mining operation in the County of M E S /~ ,State of Colorado. <br />2. Pemuttee wishes [o assign the permit to aA eK ~ 2 5 DM 3 ebTN ER5 LLC (new <br />operator), as Successor Operator ("Successor") and Successor wishes to become Successor Pumittee under the <br />pemut. <br />3. Successor understands that the reclamation plan (the "Plan") required by the permit and by applicable <br />State leas and regulations has not been completed and is willing to assume full responsibility for the completion of <br />the Plan. <br />V. AGREEb1ENTS <br />Permittee and Successor hereby agree, for [heir own benefit and for the benefit of the State, such agreements to be <br />effective ~ facto upon the approval by the State of the transfer of the Pemtit from Permittee to Successor, as <br />follows: <br />I . Successor has inspected [he mining and reclamation operations to its entire satisfaction and is fully aware <br />of the conditions thereof. Successor understands and accepts all of the conditions of the Pemtit. <br />2. Successor will complete the reclamation plan, and hereby assumes liability for cornple[ing such plan as to <br />all areas heretofore disturbed, as well as to all areas hereafter disturbed. Successor will perform all of the <br />obligations of the Pemuttee under the Permit which have not heretofore been performed by Petmittee. <br />3. Successor hereby [enders to the State its attached Performance and Financial Warranties*, which are to be <br />substituted for the Performance and Financial Warranties heretofore filed by the Pennittee, effective upon the <br />release of the latter Warranties. <br />4. Successor represents to the Slate that, to the best of its knowledge, information and belief, it is no[ in <br />violation of any of the provisions ofthe Colorado Mined Land reclamation Act with respect to any o[heroperation <br />conducted by it in the Stale of Colorado. <br />Permittee and Successor hereby request the State to consent to the asaignnrentofthe permit, to recognize Successor <br />as Successor Operator under the Permit, and to accept the tendered substitute Performance and Financial <br />Warranties in place of the Warranties presently on file with the State. <br />