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STATE OF COLORADO <br />DIVISION Of MINERALS AND GEOLOGY <br />Department of Natural Resour[es <br />1313 Sherman A., Ronm 21 i <br />Denver, Colorado 80203 <br />Phone: (1031 866-3567 <br />FAX: 13031 832-8106 <br />i. <br />JAN 0 3 2004 <br />Division of Minerals & Geology <br />TRANSFER OF PERMIT AND SUCCESSION OF OPERATORS <br />APPLICATION FORM <br />DEPARTMENT OE <br />NATURAL <br />RESOURCE.` <br />Roy Romer <br />Governor <br />James 5. Lochhead <br />Ezecutive Director <br />Michael B. Long <br />Division Director <br />The application for a Transfer of Permit and Succession of Operators must wntain four (4) major parts: 1) an Application <br />Form; 2) an Application Fee; 3) a Performance Warranty (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 />Permit #: M-1980-135 Confidential?: N <br />Class: Revision Type/Seq.: SO-2 <br />From: Pinned Feedlot, LLC To: DMG <br />Doc. Name: SO Western Cleanup to Pinned Feedlot, LLC <br />Date: 12/05/2003 • ~ ~3~py <br />I. FINANCIAL WARRANTY INFORMATIC Specialist: BDC/GRS <br />1.0otion A: I wish to WAIVE MY RIGHT to a 30-day processing time to allow <br />(Initial & Date) the Division of Minerals and Geology to recalculate the Financial <br />Warranty requirements. <br />2. Option B: ~ ~ I DO NOT WISH TO WAIVE MY RIGHT to a 30-day processing <br />(I~t~tpal, ~ ,elp~ time. I hereby submit a replacement Financial Warranty for the same <br />1,~[Q [•~"' dollar amount as the Financial Warranty maintained by the current <br />~C7" operator. I understand 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 Fi~1_ANC[AL <br />WARRANTY COULD BEWARRANTY COULD BE SUBSTANTIALLY~CREASED at that <br />time. As the new operator, I agree to be responsible far posting any <br />required increase to the financial warranty for good cause shown, in a <br />form acceptable to the Board, within 60-days of such notice. <br />