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<br /> <br />Page 78 <br />Hard Ro_];/Metal Mining Rule 4 <br />tt7(i)(~)(Il) n A Financial Warrantor, Operator or Permittee shall have <br />sixty (60) days after the dare of notice of any such adjustment to fulfill aI] <br />new requirements to provide zn alternate w~arrznry required hereunder. The <br />Permit may be revolved after svty (60) days, from the date of notice of any <br />such adjustment, if the amount of any incrrz ced Financial Wamnty has not <br />been pro~~ded. <br />(8) When mining on federal land and the federal land <br />*+~anaoement agency requires that a Financial R'arrznry be posted F~th their <br />agency, the amount of Financial Warr°.nry posted with the state shall be the <br />ai~erence between the amount required to be posted by the federzl land <br />management agency, and the amount required by the ?vtined Land <br />Reclamation Board. In no event shall the amount of Financial Watrzny <br />posted with the str? be less than 5100. In adaition, the applirtion s'nzll <br />~. con~in a rovision that in the event the federl land mzna°ement zgenry <br />reduces the Financial Warranty, the ertor must post an acceptab e <br />replacement Warranty with the state orior to anv relezse by the feder-ellznd <br />management zenry. Tne replacement Warr~nry shall br sufficient to cover <br />the cost of rerItimation liability unless the L}-~iP conducts an inspection and <br />concurs with the federal land tnan2°ement agency finning. <br />4.2Z Specific Prroaszons -Limited Impact 110 and IIOd Operations <br />tio(;) (1) This Paragraph shall be appliczble to Financial Wamnties <br />pro~Zded for Permits applied for pursuant to Section 34--32-110(1), C.RS., <br />as of July 1, 1993. The Financial Wanznry for a Limited Impact Permit <br />shall be in an amount to be determined by the 0~~. <br />(2) The Financial Wztianry for any Limited Impact Permit which <br />is filed pnm,:nt to Section 34-32-110(2), C.RS:, including those which are <br />automatically issued as a result of Ofice inaction within 30 days pursuant <br />to the Act (Section 34-32-110(7), C.RS.) shall be in an amount equal to the <br />estimated cost of reclamation. <br />413 Permit ConFersioa <br />tlo(7, 11 i(S) The conversion of any Limited Impact Permit into a Regular 112 or 112d <br />Permit shall require a Financial Warranty in an amount equal to the <br />estimate3 cost of reclamation. <br />4.2.4 Speck Ptro~isions -Special IIl Operations <br />>itCZ)(a) (1) . The Financial Warr-4nty fcr a Special 111 Operztion Permit <br />ti ~<t)(z) which is automatically issued as a result of Office inaction within ten (10) <br />worming days, pursuant to the Act (Section 34-32-111(6), C. R.S.), shall br <br />in an amount of not less than rn•o thousand five hundred dollars (52,500) <br /> <br />CCR 407-7 THE CODE OF COLORADO REGULATIONS <br />