Laserfiche WebLink
RULE 2 PERMITS <br />-4- <br />BOND NO. 11127471685 <br />(12) If the State shall notify the surety that the Principal is in default and if the State shall <br />initiate any bond forfeiture procedures required by law or regulation, the surety may, in lieu of making <br />payment to the State of the amount due hereunder, cause the reclamation to be timely performed in <br />accordance with the Plan. In such event, when and if the reclamation has been timely performed to <br />the satisfaction of the Board or Division and the OSMRE, this bond shall be released. If the <br />reclamation shall not be so performed to the satisfaction of the Board or Division and the OSMRE, <br />this bond shall remain in full force and effect. <br />( 13) (a) If this bond applied to National Forest System lands, and if this bond is <br />accepted by the United States Forest Service ("U.S.F.S.") as the bond required under 36 C.F.R. <br />252.13, then the Principal and the surety, having requested that the State and the U.S.F.S. accept this <br />single bond in lieu of the separate bonds which would otherwise be required by applicable law, hereby <br />agree that, notwithstanding any other provision hereof, or of law, this bond shall remain in full force <br />and effect until U.S.F.S. has advised the State that the reclamation work has been satisfactorily <br />completed in accordance with the requirements of applicable Federal law and regulations. <br />(b) If this bond applies to land under the jurisdiction of the State Board of Land <br />Commissioners ("Land Board"), and if this bond, in whole or in part, is accepted by the Land Board <br />as the bond required under its applicable law and procedures, then the Principal and the surety, having <br />requested that the State accept this single bond in lieu of the separate bonds which would otherwise be <br />required by the Colorado Mined Land Reclamation Board or Division and by the Land Board, hereby <br />agree that, notwithstanding any other provision hereof, or of law, this bond shall remain in full force <br />and effect until released by the Land Board. <br />(c) If all or any part of the lands subject to this bond are under the jurisdiction of <br />the Bureau of Land Management, United States Department of the Interior ("the BLM"), and if, at the <br />request of the Principal on this bond, the BLM has, pursuant to 43 C.F.R. 3809.1-9, accepted this <br />bond in lieu of requiring a separate reclamation bond payable to the United States, then, <br />notwithstanding any other provision of this bond, or of law, the Principal and the surety hereby agree <br />that this bond shall not be released until the State is advised in writing by the BLM that all <br />reclamation requirements of Federal law and regulations have been fulfilled as to such lands. <br />Rule 2 Permits 2-16 Revision Date: 6/23/08 <br />Revision No.: MR-91