2004-07-16_REVISION - M1980037HR (2)

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,.. J ~1~ 1 C 0~ ~~L~~~~ DIVISION OF MINERALS AND GEOLOGY Department of Natural Resources F8ECE1!!ED fi z DEPSP~T NATUR t2ESOURC Ray Romer Governor I .i 13 Sherman 51., Ronm ? 15 Denver, Colorano 80203 JUL T O 2004 Panne: (3031860-i.iu7 PAS: (3037 83?-8106 Division of Minerals & Geology TRANSFER OF PERMIT AND SUCCESSION OF OPERATORS APPEICATION FOB lames S. Lochhead I Executive Director Michael B. tong I Division Direcor Tae application for a Transfer or"Permit and Succession of Operators must contain four (4) maior oaris: i) an Application Form; 2) an Application F„.; 3) a Performance Warranty (attached as part of the Application Package) bearing the original notarized signarure of the Successor Operator; and, 4) a replacement Financial Warranty provided by the Successor Operator, bearing an original notarized sigrrature. To expedite processing, please provide the information in the format and order described below. I. &'INANC'3 At W_4RRANT_ a' INFORMATION (Choose ONEQption): 1. Option A: (Initial ~ Date) '?. Option B: ~P nitial & Date) I wish to W AIVE MY RIGHT to a 30-aay processing time to allow the Division of Minerals and Geology to recalculate the Financial Warranty reauiremenu. I DO NOT WISH TO WAIVE MY RIGHT to a 30-day processing time. 1 hereby submit a replacement Financial Warranty for the same dollar amount as fhe Financial Warranri maintained by the current operator. 1 understand that the Division of Minerals and Geology will re,:alcuiate the reouired reclamation bond within 60-days from the date that the transfer is completed and the required FINANCIAL R'ARRANTY COULD BE SUBSTANTIALLY INCREASED at that lime. As the new operator, I agree to be responsible for posting any required increase to the financial waranty for eood cause shown, in a form acceptable to the Board, within 50-days of such notice.