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Pape- Page 78 Hard Rock/Meral Mining Rule 4 t17(4)(c)(II) (7) A Financial Warrantor, Operator or Permittee shall have sixty (60) days after the date of notice of any such adjustment to fulfill all new requirements to pro~zde an alternate aarranry required hereunder. The Permit may be revolted after svty (60) days, from the dare of notice of any such adjustment, if the amount of any increased Financial Warranty has not been provided. (8) When mining on federal land and the federal land management agency rt'quires that a Financial Warranty be posted with their agency, the amount of Financial Warranty posted w-irh the state shall be the difrerence between the amount required to be posted by the federal land management agency, and the amount required by the Mined Land Reclamation Board. In no event shall the zmount of Financial Warranty postdd with the state be less than 5100. In addition, the a~liration shall ~. contain a rovision that in the event the federal land management agency reduces the Financial Warranty the Operator must post an acceptab e reolacement Warranty with the state n+rior to anv release by the federal land management agency. r ne replacement warrnry sna.ti ~ sutacrent to cover the cost of reclamation liability unless the stare conducts an insp~-don and concurs with the federal land manz~ement agency finding. 4.2Z Specific Provisions -Limited Impact 110 and IlOd Operations tto~) (1) This Paragraph shall be applicable to Financial Warranties prodded for Permits applied for pursuant to Section 3x32-110(1), C.RS., as of July 1, 1993. The Financial Warranty for a Limited Impact Permit shall be in an amount w be determined by the Office. (2) The Financial Warranty for any Limited Impact Permit which is filed pursuant to Section 34-32-110(2), C.RS:, including those which are automatically issued as a result of Oi$ce inaction within 30 days pursuant to the Act (Section 34-32-1100, C_RS.) shall be in an amount equal to the estimated cost of reclamation. 413 Permit Conversion trop, tti(4) The conversion of any Limited Impact Permit into a Regular 112 or 112d Permit shall require a Financial Warranty in an amount equal to the estimated cost of reclamation. 4Z.4 Specific Provisions -Special lIl Operations • ttt(z)(c) (1) The Financial Warranty fcr a Special 111 Operation Permit tt i(e)(s) which is automatically issued as a result of Otnce inaction within ten (10) working days, pursuant to the Act (Section 34-32-111(6), C.R.S.), shall be in an amount of not less than rn•o thousand five hundred dollars (52.500) ~:. 2 CCR C07-1 THE CODE OF COLORADO REGULATIONS