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DIVISION OF MINERALS AND GEOLOGY - <br />Departmenl of Natural Resources <br />1313 Sherman $t., Room 215 ' <br />Denver, Colnmdu 80203 <br />Phone: 1303)fl66-3567. <br />FAX: 13D.3f 832-8106 - - . <br />STATE OF COLORADO <br />RECEIVED ~~ <br />FEB 2 0 2002 <br />Division of Minerals and Geology <br />TRANSFER OF PERMIT AND SUCCESSION OF OPERATORS <br />APPLICATION FORM <br />DEPARTMENT Ui <br />NATURAL <br />RESOURCE <br />Roy Romer <br />Governor <br />lames 5. Lochhead <br />Michael B. Long . <br />Division Direttor <br />The application for a Transfer of Permit and Succession of Operators must contain fo (4) major parts: 1) an Application <br />Fotm; 2) an Application Fee; 3) a Performance Warranty (attached as part of the A lication Package) bearing the original <br />notarized signature of the Successor Operator, and, 4) a replacement Finan al Warranty provided by the Successor <br />Operntor, bearing an original notarized signature. To expedite processing, ease provide the information in the format <br />and order described below. <br />I. FINANCIAL R'ARRANTY INFORMATION a ONE do ): <br />I.OQtion A: I wis o WAIVE MY RIGHT to a 30-day processing time to allow <br />(Initial & Date) the ivision of Minerals and Geology to recalculate the Financial <br /> an•anty requirements. <br /> ~OZ <br />~Z <br />2.Option B: ~f t1" ` I DO NOT WISH TO WAIVE MY RIGHT to a 30-day processing <br />(Initial & D e) time. I hereby submit a replacement Financial Warranty for the same <br /> dollaz amount as the Financial Warranty maintained by the current <br /> operator. I understand that the Division of Minerals and Geology will <br /> recalculate 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 Board, within 60-days of such notice. <br /> Nov = ~o <br /> r <br />