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~ ` <br />activities required to be completed by the approved DMG reclamation permit. The <br />amount of financial warranty posted with the D1,4G shall be the difference between the <br />amount required to be posted by the DOE, a e amount required by the D)\1G. In no <br />event.slrall the amount of financial warranty p~d with the DA9G be less than $100.00. <br />In addition, the state reclamation perrnit application stall contain a provision that in the <br />event the DOE reduces the financial warranty, the pennittee must post an acceptable <br />replacement warranty with the DMG prior to any release by the DOE. The replacement <br />warranty shall be sufficient to cover the cost of reclamation liability unless the state <br />conducts an inspection and concurs with the DOE finding. <br />2) Execute a Succession of Operator and Transfer of Permit ("SO"). The successor <br />applicant will need to complete an SO application ($100.00 application fee) and submit to <br />the Di\4G a properly executed financial warranty in the amount of $10,750.00. The SO <br />application must be approved and the financial warranty reviewed and accepted by the <br />DMG prior to the scheduled hearing date. In the event the successor applicant wishes to <br />pursue having the DMG accept a DOE bond in lieu of a DMG bond. the successor <br />applicant Zvi]] need to provide to the DMG, prior to the hearing, the written verifications <br />from the DOE as described above, plus a minimum $100.00 financial warranty to the <br />DMG. <br />If you have any questions or need additional information, please contact me at the DMG's <br />Durango Field Office at 970-247-5523. If you have questions regarding the specific requirements <br />for the various types of bond instruments acceptable to the DMG, please contact Barb Chiappone <br />at the DMG's Denver Office at 303-866-3567. <br />Sincerely, , <br />v <br />.. ~: <br />~:~~ ~~'- <br />Tom Gillis <br />Senior Environmental Protection Specialist <br />cc: Perry Flanigan, Ryan Ltd., 1409 Birch, Montrose, CO 81401 <br />Dorothy Blake, Blake n4ining Co., P.O. Box 740, Nucla, CO 81424 <br />Angela Ekker, Branney, Hillyard & Barnhart, LLP, 7887 E. Belleview Ave., Suite 1200, <br />Englewood, CO 301 I 1 <br />Gold Eagle Mining, Inc., P.O. Box 3007, Montrose, CO 81402 <br />Dan Burns, U.S. Dept. Of Energy, 2597 B 3/4 Road, Grand Junction, CO 81503 <br />Dave Diss, Cotter Corporation, P.O. Box 700, Nucla, CO 81424 <br />/tdg <br />m342fiv l .tdg <br /> <br />