GENERAL46275 - Laserfiche WebLink

Home Browse Search

109 Colorado Surface Coal tinning Reclamation Act 31-?3-1 tx (?) Liability under the bon) shall he (or the Duration of the surface coal mining and reclamation operations and for a pzrioJ coincident with the operator's responsibility (or revcgeuuion requirements in szctiun 31-3J-120. The bond shall be executed by the applicant and a corporate surety licensed to Jo business in this slate; except that the applicant may elect to deposit cash, negotiable bonds of the United States government or any political sub- division of this state. or negotiable certificates of deposit of any bank er other savings institution organized or transacting business in the United States. The cash deposit nr market value of such securities shall be equal to or greater than the amount of the bon) require) fur the bonJed area. Casli or securities so depositeJ shall be depositcJ un the same terms upon which surety bonds may he depositzJ. (3) The Division shall accept the bon) of the applicant itscif without sep- arate surety when the applicant demonstrates to the s;uisfaction of the diai lion that he has the financial means sufficient to ul(-bond for reclamation. pursuant to reasonable bonding regulations promulgated by the board, con- sistent wish the purposes and provisions of this article. (1) Cash or securities posted as bond shall be dcpu~,itcd by the slate treas~ urer in separate escrow accounts, to he known as reclamation surer; accounts, anJ interest accruing on sail funds shall be pail to the operator annually. (9) The amount of the bunt ur deposit required and ,he terms of each acceptance of the applicant's bunt shrill he aJjusted by the Division front time to time for gout canoe as af(ecteJ I:,nd acreages :uc increased m decrease) ur when the cost of future reclamation changes. Source: AJdcd, L. 79, p. 1266, § 1. 31-33-111. Permit approval ur denial. (I) Llpun the b:,sis of a comple:c permit appllcauon. including a redamatiun plan. or revision or renewal thereof, as required by this article, including public notification and oppor- tunity for public healing as required by szctiuns }3-~3-1iK anJ 31-33-119,thc division shall process the permit application and isstlc a proposed decision granting or denying the permit, in whole ar in p:ut. or requiring modification to the permit application within the time periods pn,viJed for in section; 3C-33-I I8 and 34-33-I 19, and the division shall notify the applicant in writing of the proposed decision. The applicant for a permit or for a revision of ..~ permit shall havz the burden of establishing that his a1,plicalion is in compli- ance with all the requirements of this article. y)'1hi,Lt~^ ~t~ys ~rt~r is~_ng its ro o ttinting-t7t•'drrry~i$y_a_pr~nit. the Jivi1gltshall_file.a nonce with the board of county cnmmissionen ofof the county in which the area o~ nrl rube Zffrcted_iiloc i[ed stain tg he propose ___ecrston_rssu_ed and des ribin~the location of the af(ecteJJ:urJ.. '(2) Nn annGration fir a r+crmit or fur ;, revision of an cxistin¢ ncrmit wnl (a) The permit application is accurate anJ curC+ins :JI in(ormatie:~ required unJzr this article anJ regulations promalg;+le~4 thereunder and th r all the requirements of this article have hucn complied ith: .rl~+