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r<OBERT DELANEY TEL No . 303-945-2303 mar . 61 36 11 :16 r . ub <br /> 2. 2 MCR a!3signs and transfers, and requests approval of <br /> assignment and transfer, of it' s right, title and interest in and <br /> to Permit c-81-017 cc)nditioned upon Sale Closing and upon REDSTONE <br /> becoming an approved Successor Operator. <br /> 2.3 in support of this request, REDSTONE shall deliver <br /> to the Escrow Holder for delivery to MLRD at closing, Reclamation <br /> Bond with approved corporate surety, to become effective upon <br /> approval by the Approving Agencies of REDSTONE as Successor <br /> operator to MCR. <br /> 3 . 0 Procedure. <br /> 3. 1 MLRD agrees to cause this matter to be placed upon <br /> the Agenda for consideration of MLRB at their next meeting, giving <br /> notice to required parties. <br /> 3.2 Upon delivery of Reclamation Bond to the Escrow <br /> Holder in form and substance approved by MLRD and with surety <br /> approval of MLRD, and with commitment providing that the same shall <br /> become effective upon approval of REDSTONE as Successor Operator, <br /> MLRD agrees to tako such steps as shall be required to process <br /> Application by REDSTONE to become an approved Successor Operator to <br /> MCR, which procedure shall be carried out on an expedited basis, <br /> subject to notice and public hearing requirements. <br /> 4 <br />