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REP48290
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REP48290
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Last modified
8/25/2016 12:52:11 AM
Creation date
11/27/2007 12:17:25 PM
Metadata
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Template:
DRMS Permit Index
Permit No
M1977300
IBM Index Class Name
Report
Doc Date
12/8/1982
Doc Name
LICENSE AUTHORIZATIONS & STIPULATIONS COTTER CORP SCHWARTZWALDER ORE CRUSHER-SORTER ORE TRANSFER PAD
Media Type
D
Archive
No
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proceedings. The dem~ based upon an emergency condit~n or event shall <br />constitute a modification of the License, and the Principal shall have the <br />right to a prompt adjudicatory hearing in accordance with the Colorado <br />Administrative Procedure pct and applicable regulations with respect to the <br />determination of violation and determination of an emergency condition. <br />(9) Any demand foc payment under this bond shall include a <br />certification 6y the Department to the Principal and the .Surety that: (i) the <br />Principal has failed to demonstrate or achieve compliance with the License <br />pertaining to decommissioning, decontamination and reclamation; and (ii) the <br />Principal has exhausted or has failed to exercise its right to review of the <br />determination of a License violation. In the even[ the Department invokes the <br />emergency provisions of paragraph 8 herein, the Department shall include with <br />its demand a certification that an emergency condition or event exists which <br />warrants .an immediate demand for payment under this bond and shall state <br />therein with particularity the facts and circumstances which are asserted to <br />require Che demand. The certification shall be executed by the Executive <br />Director of the Department or its successor agency. <br />(10) If demand is made upon the Surety for payment of an amount <br />due to [he Department hereunder, and if the Surety fails to make payment of <br />such amount within ninety (90) days after the date of receipt of such demand <br />by the Surety, and if it should thereafter be determined, by agreement of the <br />Surety or by judgment of court, that the amount demanded was properly payable, <br />Surety agrees to pay to the Department, in addition to the amount demanded, <br />interest at the prime rate in effect from time to tine at The First National <br />Bank of Denver for the period commencing at the end of such ninety-day period <br />and ending on the date of actual payment. <br />-42- <br /> <br />
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