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~rn.~ • /' <br />~1 ~ F <br />~: + y J ..Jib <br />~`+:,~ ] ~~ ~• .' ' ANNUAL REPORT <br />IlVSTRUCTIONS <br />According to C.R.S. 34-32-116(3), and C.R.S. 34-32.5-I 16(3)(a), on the anniversary date of the permit each year, <br />the operator shall submit a report artd a map showing the extent of current disturbances to affected land, <br />reclamation accomplished to date and during the preceding year, new disturbtutces that are anticipated to occur <br />during the upcoming year, and reclamation that will be performed during the upcoming yeaz. Please attach such <br />a report and map to enclosed annua] report form. (An adequately labeled map that clearly delineates and includes <br />the above elements ma~~ suffice far a written report.) <br />If your operation is subject to the provisions of Temporary Cessation as detint:d in the Act and Rules, you must <br />provide with the Annual Report the following information as required by 2 C(:R 407-I, 407-4, and Rules <br />I.13.7(1)(a): <br />(i) the condition of [he operation at the time of cessation; <br />(ii) what specific measures have been and will be implemented to comply with reclamation, <br />performance standards and Environmental Protection Plan requirements, if they are part of your <br />approved application; and <br />(iii) plans for resumption of mining operations. <br />Please provide the additional following information with your Annual Report, as applicable: <br />(a) Per the requirements of 2 CCR 407-I, 407-4, and Rules I.15(I), provide an updated statement <br />regarding the sufficiency of the value of the Financial Warranty, specifically: <br />(1) Per the requirements of 2 CCR 407-I, 407-4, and Rules 1.15(I)(a), provide an updated <br />statement regarding the sufficiency of the value of the financia: warranty. Specifically, <br />irrevocable letters of credit, Deeds of Trust, and security agreements, self-insurance, salvage <br />credit, and first priority liens on project related fixtures. <br />(ii) Per the requirements of 2 CCR 407-1, 407-4, and Rules I.',5(I)(b), permits secured with a <br />Deed of Trust or a Security Agreement, the operator shall submit 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 mf Trust, or Security Agreement, <br />and [he value of the property subject to either of these instruments. The report shall also provide <br />proof that there are tto past-due property taxes. <br />(iii) Per the requirements of 2 CCR 407-I, 407-4, and Rules 4.7(3), permits 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 bank's capital surplus accounts. <br />(iv) Per the requirements of 2 CCR 407-1, 407-4, and Rules ~1.9.3(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 and equipment. <br />(b) Per the requirements of 2 CCR 407-I, 407-4, arts Rules LIS(I)(c), all monitoring information <br />required as part of the approved permit application, to include Environmental Protection Plan. <br />(Please note that if you are not a Designated Mining Operation, you will not have an Environmental <br />Protection Plan as part of your approved permit.) <br /> <br />