1998-03-04_REVISION - M1977248 - Laserfiche WebLink

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_• -a- IV. RECITALS On Permit Number was granted to ~l l1+lF ri'I'~na (existing operator) ("Permittee"), pursuaR~ i to which Permittee has been conducting a mining operation 1n the County of ~nnr>ZOSIr State of Colorado. 2. Permittee wishes to assign the permit to l c// ~,f' ~!'Yl, n~n~ r e Zia(G. (new operator), as Successor Operator C"Successor") and Successor shes to become Successor Permittee under the permit. 3. Successor understands that the reclamation plan (the "Plan"3 required by the permit and by applicable State laws and regulations has not been completed and is willing to assume full responsibility for the completion of the Plan. V. AGREEMENTS Permittee and Successor hereby agree, for their own benefit and for the benefit of the State, such agreements to be effective ipsp facto upon the approval by the State of the transfer of the Permit from Permittee to Successor, as follows: 1. Successor has inspected the mining and reclamation operations to its entire satisfaction and is fully aware of the conditions thereof. Successor understands and accepts all of the conditions of the Permit. 2. Successor wilt complete the reclamation plan, and hereby assumes liabtlity for completing such plan as to all areas heretofore disturbed, as well as to al] areas hereafter disturbed. Successor will perform all of the obligations of the Permittee under the Permit which have not heretofore been performed by Permittee. 3. Successor hereby tenders to the State its attached Performance and Financial Warrantees", which are to be substituted for the Performance and Financial Warranties heretofore filed by the Permittee, effective upon the release of the latter Warranties. 4. Successor represents to the State that, to the best of its knowledge, information and belief, it is not to violation of any of the provisions of the Colorado Mined Land reclamation Act with respect to any other operation conducted by it 1n the State of Colorado.