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STATE OF COLORADO <br />DIVISION OF MINERALS AN~~VED <br />t~w.,rr~nr a Natural Resources RECEIVE D <br />1313 Sherman 51., Ronm 21 i <br />~Y. ColoraAu a0203 AUG 2 32002 <br />Phnnr:1303) 866-3567 JUL 2 3 2002 <br />FAX: 17031832.8106 <br />Oiviaisn of Minerals artd 6eolopr <br />Division sf Minerals and Geology <br />TRANSFER OF PERMIT AND SUCCESSION OE OPERATORS <br />APPLICATION FORM <br />Roy Home, <br />covemor <br />woes 5. locfi6eul <br />FxeMive Dirtrp <br />Michael B. low <br />Dh%iw~a,«r« <br />The appGcs3tion for a Transfer of Pemrit and Succession of Operators must contain four (4) major parts: I) an Application <br />Fomt; 2) an Application Fee; 3) a Performance Warranty (attachod as part of the Application Package) bearing the original <br />notarized signature of the Successor Operator and, 4) a replacement Financial Warranty provided by the Successor <br />Operator, bearing an original notarized signature. To expedite processutg, please provide the information in the format <br />aad order described below. <br />I. FINANCIAL WARRANTY INFORMATION (Choose ONE Ootionl: <br />I.Ootion A: <br />(Initial & Date) <br />~~ ~5 6~ <br />2.Option B: <br />(Initial & Date) <br />I wish to WAIVE MY RIGHT to a 30-day processing time to allow <br />the Division of Minerals and Geology to recalculate the Financial <br />Warranty requirements. <br />I DO NOT WISH TO WAIVE MY RIGHT to a 30-day processing <br />time. I hereby submit a replacement Financial Warranty for the same <br />dollar amount as the Financial Warranty maintained by the current <br />operator. 1 understand that the Division of Minerals and Geology will <br />recxlwlate the required reclamation bond within 60-days from the date <br />that the transfer is completed and the required FINANCIAL <br />WARRANTY COULD BE SUBSTANTIALLY INCREASED at that <br />time. As the new operator, I agree to be responsible for posting any <br />required increase to the financial warranty for good cause shown, in a <br />form acceptable to the Boazd, within 60-days of such notice. <br />Nov= ~;o.N~ <br />>4F = 2Ii~(o3 <br />