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f • • ~ .~ <br />ANNUAL REPORT ' <br />INSTRUCTIONS <br />According to C.R.S. 34-32-] 16(3). and C.R.S. 34-32.?-116(3)(a), on the anniv.rsary date of the permit each year, <br />the operator shall submit a report and a map showing the extent of current disturbances to affected land. <br />reclamation accomplished to date and Burins the preceding year, new disturbances that are anticipated to occur <br />during the upcoming year, and reclamation that will be performed durine the upcoming year. Please attach such <br />a report and map to enclosed annual report form. (Art adequately labeled map hat clearly delineates and includes <br />the above elements may suffice For a written report.) <br />If your operation is subject to the provisions of Temporary Cessation as defined in the Act and Rules, you must <br />provide with the Annual Report the following information as required by 2 CCR 407-1, 407-4, and Rules <br />1.13.7(1)(a): <br />(P the condition of the operation at the time of cessation; <br />(ii) what specific mea<;ures have been and will be implemented to contply with reclamation, <br />performance standazds and Environmental Protection Plan requirements, if they aze part of your <br />approved application; and <br />(iii) plans for resumption of mining operations. <br />Please provide the additional fi~llowing information with your Annual Report, as applicable: <br />(a) Per the requirements of 2 CCR 407-1, 407, and Rules 1.15(1), arovide an updated statement <br />regarding the sufficiency of the value of the Financial R'arrattty, specifcally: <br />(I) Per the requirements of 2 CCR 407-1, 407, and Rules 1.15(1)(a), protdde an updated <br />statement regarding the sufficiency of the value of the financial warranty. Specifically, <br />irrevocable letters of credit, Deeds of Trust, and security agre~:ments, self-insurance, salvaee <br />credit, and fiat priority liens on project related fixtures. <br />(ii) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(b), permits secured with a <br />Deed of Trust or a Security Agreement, the operator shall sut mit an update, by a qualified <br />independent appraiser, indicating any changes in property value, and a statement summarizing <br />any circumstances which may affect the adequacy of the Deed of Trus4 or Security Agreement. <br />and the value of the property subject to either of these instruments. <br />The repoR shall also provide proof that there are no past-due property taxes. <br />-{iii) Perthe requirements of2-CGR-407-1, 407=4, and Rules 4.7(3), pertriits secured with an '- <br />Irrevocable Letter of Credit, the operator shall have the bank provide documentation in the form <br />of a balance sheet, certified by a Certified Public Accountant, demonstrating that the <br />Letter of Credit does not exceed ten percent (10%) of the bark's capital surplus accounts. <br />(vi) Per the requirements of 2 CCR 407-1, 407-4, and Rule<: 4.9.3(c), permits secured by a First <br />Priority Lien on any fixtures and Equipment. the operator shall provide a report in sufficient <br />detail to fully describe the condition, value, and location of all pledged fixtures <br />and equipment. <br />(b) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(1)(c), all monitoring information <br />required as part of the approved permit application, to include the Environmental Protection Plan. <br />(Please note that if you are not a Designated l~lining Operation, you will not have an Environmental <br />Protection Plan as part of your approved permit.) <br />