2002-03-19_REVISION - M1994005 (3)

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- STATE OF COLORADO DIVISION OF MINERALS AND GEOLOGY RE6+E~ V ED peparlmenl of Natural Resources ~ C 1313 Sherman SL, Ronm 275 - ~ ~ - penver. ColornAo 80203 _ CCp q O ~gOpq Phone: 1303)866-3567 ~ fLD C G UL FA%:1303) a32.8I06 Division of Minerals and Geology TRANSFER OF PERMIT AND SUCCESSION OF OPERATORS APPLICATION FORM ~~ , ~ ~ Roy Romer Governor Tames S. Lochhead Executive Director Michael B. Long Division Director The application for a Transfer of Pemrit and Succession of Operators must contain fo (4) major parts: 1) an Application Form; 2) an Application Fee; 3) a Performance Warranty (attached as part of the Ap lication Package) bearing the original notarized signature of the Successor Operator, and, 4) a replacement Finan ' 1 Warranty provided by the Successor Operator, bearing an original notarized signature. To expedite processing, p e provide the information in the format and order described below. I. FINANCIAL WARRANTY INFORMATION 1.0otion A: (Initial & Date) I wish toyWAIVE MY RIGHT to a 30-day processing time to allow the ]~Ivision of Minerals and Geology to recalculate.the Financial requirements, 2. Oration B: 1"` ~2 ~ (Initial & ~OZ I DO NOT WISH TO WAIVE MY RIGHT to a 30-day processing time. I hereby submit a replacement Financial Warranty for the same dollaz amount as the Financial Warranty maintained by the current operator. I understand that the Division of Minerals and Geology will recalculate the required reclamation bond within b0-days from the date that .the transfer is completed and the required FINANCIAL WARRANTY COULD BE SUBSTANTIALLY INCREASED at that time. As the new operator, I agree to be responsible for posting any required increase to the financial warranty for good cause shown, in a form acceptable to the Boazd, within 60-days of such notice. Np~l = ~yt~1~