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o; . /q ~C~`Pi <br />_.,. `-s;o, 'yes, F~ <br />o <br />f~~P <br />~.,. <br />N. RECITALS `~'s~ <br />/ A~ ~~. <br />1. On ~~~i J~ ~ ~ ~~~ Permit Number /"-- ~ ~~was ganted to <br />i-. <br />~__>-=_ t.~~N~? -~Z-_" c~Glf/YIAfi~ (existing operator) ("Pennittee"), pursuant to <br />which Pemtittee has been conducting a mining operation in the County of ~~g Q, ,State <br />of Colorado. <br />2. Permittee wishes to assign the permit to V f~l /PP~!'E~ L~.~i <br />(new operator), as Successor Operator ("Successor") and Successor_wishes.to-becomeSuccessor Pemittee- ' -- <br />- - - - - - - under the permit- ~ - V - <br />3. Successor understands that the reclamation plan (the "Plan") required by the permit and by <br />applicable State laws and regulations has not been completed and is willing to assume full responsibility <br />for the completion of the Plan. <br />V. <br />Permittee and Successor hereby ages, for their own benefit and for the benefit of the State, such <br />agreements to be effective jp~,4 ~l4 upon the approval by the State of the transfer of the Permit from <br />Permittee to Successor, as follows: <br />1. Successor has inspected the mining and reclamation operations to its entire satisfaction and is fully <br />aware of the conditions thereof Successor understands and accepts all of the conditions of the Permit. <br />2. Successor will complete the reclamation plan, and hereby assumes liability for completing such <br />plan as to all areas heretofore disturbed, as well as to all azeas hereafter disturbed. Successor will perform <br />all of the obligations of the Pennittee under the Permit which have not heretofore been performed by <br />Permittee. __ _ . - <br />3. Successor hereby tenders to the State its attached Performance and Financial Warranpes', which <br />aze to be substituted for the Performance and Financial Warranties heretofore filed by the Permittee, <br />effective upon the release of the latter Warranties. <br />4. Successor represents to the State that, to the best of its laowledge, information and belief, it is not <br />in violation of any of the provisions of the Colorado Mined Land reclamation Act with respect to any other <br />operation conducted by it in the State of Colorado. <br />Permittee and Successor hereby request the State to consent to the assignment of the Permit, to recognize <br />Successor as Successor Operator under the Permit, and to accept the tendered substitute Performance and <br />Financial Warranties in place of the Warranties presently on file with the State. <br />