Laserfiche WebLink
-4- <br />1V. RECITALS <br />1. On ?,w. A S I q Permit Number Tn - 7 `s- [ O -Z was granted to <br />C r \ o ??, d? ?f.r l v?nczr3 0 `?? ?r>tisting operator) ("Permittee"), pursuant to which <br />Permittee has been conducting a mining operation in the County of \w 1,c ,? A , State of Colorado. <br />2 Permittee wishes to assign the permit to ?f7N `, : _QQ-, C A ,l,=M L, ?1 new <br />operator), as Successor Operator ("Successor") and Succes§or wishes to become Successor Permittee under the <br />permit. <br />3. Successor understands that the reclamation plan (the "Plan") required by the permit and by applicable <br />State laws and regulations has not been completed and is willing to assume full responsibility for the completion of <br />the Plan. <br />V. <br />Permittee and Successor hereby agree, for their own benefit and for the benefit of the State, such agreements to be <br />effective ipso facto upon the approval by the State of the transfer of the Permit from Permittee to Successor, as <br />follows: <br />1. Successor has inspected the mining and reclamation operations to its entire satisfaction and is fully aware <br />of the conditions thereof. Successor understands and accepts all of the conditions of the Permit, <br />2. Successor will complete the reclamation plan, and hereby assumes liability for completing such plan as to <br />all areas heretofore disturbed, as well as to all areas hereafter disturbed. Successor will perform all of the <br />obligations of the Permittee under the Permit which have not heretofore been performed by Permittee. <br />3. Successor hereby tenders to the State its attached Performance and Financial Warranties*, which. are to be <br />substituted for the Performance and Financial Warranties heretofore filed by the Permittee, effective upon the <br />release of the latter Warranties. <br />4. Successor represents to the State that, to the best of its knowledge, information and belief, it is not in <br />violation of any of the provisions of the Colorado Rained Land reclamation Act with respect to anv other operation <br />conducted by it in the State of Colorado. <br />Permi a and Successor hereby request the State to consent to the assigment of the Permit, to recogaize Successor <br />as Successor Operator tinder the Permit, and to accept the tendered substitute Performance and Financial <br />Warranties in place of the Warranties presently can file with the State.