2003-12-23_REVISION - M1997015 (2)

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~~l _ .~~ ~4- [V RECITALS 1. On JUNE 23 1997 AKRON READY MIX CONCRETE CO. Permit Number M-97-015 was granted to (existing operator) ("Permittee"), pursuant to which Permittee has been conducting a mining operntion in [he County of WASHINGTON ,State of Colorado. 2. Permittee wishes to assign the permit to WASHINGTON COUNTY (new operator), as Successor Operator ("Successor") and Successor wishes to become Successor Pernittee under the permit. 3. Successor understands that the reclamation plan (the "Plan") required by the permit and by applicable State laws and regulations has not been completed and is willing to assume full responsibility for tfie completion of the Plan. V. AGREEMENTS Permittee and Successor hereby agree, for the'u• own benefit and for' the benefit of the State, such agreements to be effective ' s r ~~ upon the approval by the State of the transfer of the Permit from Permittee to Successor, as follows: ]. 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 wnditions of the Permit. 2. Successor will complete the reclamation plan, and hereby assumes liability for completing such plan as to all areas heretofore disturbed, as well as to all 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 Warranties', which are to be substituted for the Performance and Financial Warranties heretofore filed by the Permittee, effective upon the release of the latter W arranties. 4. Successor represents to the State that, to the besot of its knowledge, information and belief, it is not in violation of any of the provisions of the Colorado Mined Land reclamation Act with respect to any other operation wnducted by it in the State of Colorado. Pennittee and Successor hereby request the State to consent to the assignment of the Permit, to rewgnize Successor as Successor Operator under the Permit, and to accept the tendered substitute Performance and Financial Warranties in place of the Waranties presently on file with the State.