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! • <br />ANNUAL REPORT <br />INSTRUCTIONS <br />According to C.R.S. 34-32-116(3), and C.R.S. 34-32.5-I 16(3)(x), on the anniversary date of the permit each year, <br />the operator shall submit a report and a map showing the extent of current ilisturbances to affected land. <br />reclamation accomplished to date and during the preceding year, new disturbances that are anticipated to occur <br />during the upcoming year. and reclamation that will be performed during the upcoming year. Please attach such <br />a report and map to enclosed annual report form. (An adequately labeled map that clearly dtaineates 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 />(I) the condition of the opemtion at the time of cessation; <br />(ii) what specific measures have beer. and will be implemented to comply ::•ith rec!;;mation, <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 407-1, 407-4, and Rules 1.15(1), provide an updated statement <br />regarding the sufficiency of the value of the Financial Warranty, specifically:. i <br />()) Per the requirements of 2 CCR 407-1, 407-4, and Rules 1.15(I)(a), provide an updated <br />statement regarding the sufficiency of the value of the fnancial warranty. Specifically, <br />irrevocable letters of credit, Deeds of Tmst, 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 1.15(1)(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 staterent summarizing <br />any circumstances which may affect the adequacy of the Deed of Trust, or Security Agreement, <br />and the value of the property subject to either of these instruments. <br />_ _ , _ _ The report shall also provide proof that there are no past-due property taxes_ ___ __ _ _ _ _- <br />(iii) Per the requirements of 2 CCR 407-1, 407-4, and Rule:, 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 Accountattt, demonsv5ting that the <br />Letter of Credit does not exceed ten percent (l0%) of the b:mk's capital surplus accounts. <br />(vi) Per the requirements of 2 CCR 407-1, 407-4, and Rules 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 [o 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(I)(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 Mining Operation, you will not have an Environmental <br />Protection Plan as part of your approved permit.) <br />