2003-05-16_REVISION - M1977347 - Laserfiche WebLink

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?SOW, THEREFORE, the Operator hereby promises the Board that it ~~ill comply vtth all applicable requirements of the Act and rules and revelations of the Board with respect to the Affected Lands. FURTF~R, the Operator hereby promises the Board that it will comply ~~ith all of the terms of the application for a permit, as amended and supplemented, as well as any conditions attached to the permit by tie Board. :~:,ZT-rub the Operator promises the Board, pursaant to 3?-32-1 i3(_)(d) or ~?-~25_t t?(1)rc ~~;-,,) of the Act, that it hzs the lawful authority to enter upon the Affected Lands io conduct mitung opzrations, including, but not ?i red to, reclamation. Tne Operator tur?her recognizes the rieht of the Board to enter to rzdam ian~s a~ected by the operation. The description of lands herein is for convenience of reference only, and no error in such description, nor any revision of the permitted mining area, nor the disnarbance by the war. antor of lands outside of the permitted mining area shall alter or diminish The Operator's obligation hereunder, which shall extend to the reclamation of all such lands disturbed. The obligation of the Operator hereunder is such that, if the Operator shall successfially comply with the requirements of the Act, applicable Hales and revelations, and the permit, then the Board, upon a finding that the Operator has so complied, shall release this performance warranty, and the Operator from its obligation hereunder, to the extetrt thaz the Board determines that such compliance has been accomplished. The obligation of the Operator hereunder shall continue until released in whole or in part by the Board in accordance with applicable Iaw. In fiarther satisfaction of the requirements of the Act, the Operator promises io be responsrb]e for the cost of reclamation up to the amount established by the Board and has attached hereto its financial warranty, which maybe amended from time to time. The Operator agrees that it will maintain a financial warranty (or warranties) for the estimated costs of reclamation in good standing for the entire life of the permit. Please note that under the provisions of the Colorado Mined Land Reclamation Act and the Colorado Land Reclamation Act for the Extraction of Construction Materials, any Applicant or Operator that submits proof, acceptable to the Board or Division of Minerals and Geology, that an Applicant or Operator is a unit of County or Municipal government, or is a department or division of State government, the Applicant or Operator is not required to submit or post any other instrument of financia[ responsibility but hereby promises to be responsible for the cost of reclamation up to the amount specified by the Board. If the Board determines that the Operator is in default under this performance warranty and has failed to cure such default, although written notice of such default and ample time to cure such default have been given, the Operator's financial warranty shall be subject to forfeiture.