2003-09-18_REVISION - M1985008 (2)

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e STATE OE COLO. DIVISION OF MINERALS AND GEOLOGY RECEIVED Department of Natural Resources 1 313 Sherman Sl., Room 21 i SEP 18~ 1003 Denver, Colorado 80203 Phnne: (3031 866-3567 PAx: uosi a32-8I ob Division H Minerals and GeoloAY /TRANSFER OF PERMIT AND SUCCESSION OF OPE APPLICATION FORM ~~. II.(~ `~ DEPARTMENT OF Q`ypq~~/~v~, ~`P~ RESOUR~ CEL ~`J oy Romer Governor lames S. Lochhead Executive Director Michael B. Long Division Director The application for a Transfer of Pemvt and Succession of Operators must ntain four (4) major parts: 1) an Application Form; 2) an Application Fee; 3) a Performance Warranty (attached asp of the Application Package) bearing the original notarized signature of the Successor Operator, and, 4) a reel t Financial Warranty provided by the Successor Operator, bearing an original notarized signature. To expedite p cessing, please provide the information in the format and order described below. I. FINANCIAL WARRANTY INFOI~PGIATION (Choose ONE Option): 1.O~rtion A: - `T/~ I wish to WAIVE MY RIGHT to a 30-day processing time to allow (Initial & te) the Division of Minerals and Geology to recalculate the Financial Warranty requirements. 2. Ootion B: I DO NOT WISH TO WAIVE MY RIGHT to a 30-day processing (Initial & Date) time. I hereby submit a replacement Financial Warranty for the same dollar amount as the Financial Warranty maintained by the current operator. I understand that the Division of Minerals and Geology will recalculate [he required reclamation bond within 60-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.