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iii iiiiiiiiiiiu iii ~ Page 1 34-32-101 34-32-i0i. Short title. This article shall be known and may be cited as the "Colorado Mined Land Reclamation Act". 34-32-102. Legislative declaration. (1) It is declared to be the policy of this state that the extraction of minerals and the reclamation of land affected by such extraction are both necessary and proper activities. It is further declared to be the policy of this state that both such activities should be and are compatible. It is the intent of the general assembly by the enactment of this article to foster and encourage the deveiopement of an economically sound and stable mining and minerals industry and to encourage the orderly development of the state's natural resources, while requiring"tho's~"Ger'ssons"involved-ih~minfnq°operations to reclaim"' iand~affeeted•by such"-operations~~so~that ~the~laffected•tand may be-put~to~a-use-beneftcial~:to~the~people'Of this"state': it is the further intent of the general assembly by the enactment of this article to conserve natural resources, to aid in the protection of wildlife and aquatic resources, to establish agricultural, recreational, residential, and industrial sites, and to protect and promote the health, safety, and general welfare of the people of this state. (2) The general assembly further declares that it is the Intent of this article to require the development of a mined land reclamation regulatory program in which the economic costs of reclamation measures utilized bear a reasonable relationship to the environmental benefits derived from such measures. The mined land reclamation board or the division, when considering the requirements of reclamation measures, shall evaluate the benefits expected to result from the use of such measures. It is also the intent of the general assembly that consideration be given to the economic reasonableness of the action of the mined land reclamation board or the division. In considering economic reasonableness, the financial condition of an operator shall not be a factor. (3) The general assembly further finds, determines, and declares that: (a> It is the policy of this state to recognize that mining operations are conducted by government and private entities;