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HomeMy WebLinkAbout20260560 aCOLORADO Division of Reclamation, DNR Mining and Safety Department of Natural Resources August 4, 2025 Nate Gibson Weld County Public Works 1111 H St. PO Box 758 Greeley, CO 80632 Re: M-1987-186, Peters Pit No 2 Performance Warranty Release Request (SL-1) Dear Nate Gibson: I am pleased to inform you that on August 4, 2025 the Division of Reclamation Mining and Safety released Weld County from further responsibility for the Peters Pit No 2. Enclosed is the Performance Warranty that you originally provided. This operation is released in its entirety. Sincerely, Sara Stevenson-Benn Financial Warranty Specialist Enclosure Cc: Nikie Gagnon, DRMS d r'"UN I.621,1 2026-0560 03/l6/26 "ozo,p Physical Address: 1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 Mailing Address: DRMS Room 215, 1001 E 62nd Ave, Denver, CO 80216 https://drms.colorado.Rov **` �) * • * Jared S. Polis, Governor I Dan Gibbs, Executive Director I Michael A.Cunningham, Director *1876 /4 Z.°F °�^ STATE OF COLOFADO ty. -; ;-% . * 4,'49 t * Roy Romer, Governor *1876 V DEPARTMENT OF NATURAL RESOURCES MINED LAND RECLAMATION DIVISION , ,,a,�ti FRED R. BANTA, Director � PERFORMANCE WARRANTY (f] t{f T , Operator: Weld County APR 111988 Operation: Peters Pit No. 2 - MINED -i''; RECLAMATi N DrifgVON Permit No: M-87-1V KNOW ALL MEN BY THESE PRESENTS, THAT: WHEREAS, the Colorado Mined Land Reclamation Act, C.R.S., 34-32-101 et seq. (the "Act"), as amended, provides that no permit may be issued under E e Act until the Mined Land Reclamation Board (the "Board") receives a performance warranty (or warranties) that is a written promise to comply with all applicable requirements of the Act. WHEREAS, Weld County (the "Operator"), has applied for a permit to conduct a mining operation known as Peters Pit No. 2 (the "Operation") on certain lands in Weld County, Colorado. These lands are described in the permit application, as amended and supplemented, and are referred to herein as the "Affected Lands". WHEREAS, in its application for the permit, the Operator has agreed to be bound by all requirements of the Act and all applicable rules and regulations of the Board, as amended from time to time. WHEREAS, the Board has determined, in accordance with the Act, that the estimated costs of reclamation with regard to those affected lands in Weld County which are now or may become subject to the permit are those amounts for the stated periods of time as set forth in the financial warranty, which may be amended from time to time to reflect revised estimates of said costs of reclamation. WHEREAS, the Operator hereby gives the Board a performance warranty pursuant to Section 34-32-117(2) of the Act, and herein promises the Board that it will comply with all applicable requirements of the Act with regard to those Affected Lands. NOW, THEREFORE, the Operator hereby promises the Board that it will comply with all applicable requirements of the Act and rules and regulations of the Board with respect to the Affected Lands. FURTHER, the Operator hereby promises the Board that it will comply with all of the terms of the application for a permit, as amended and . supplemented, as well as any conditions attached to the permit by the Board. 423 Centennial Building, 1313 Sherman Street Denver, Colorado 80203-2273 Tel. (303) 866-3567 • Further, the. Operator promises the Board, pursuant to 34-32-112(1 )(d) of the Act, that it has the lawful authority to enter upon the Affected Lands to conduct mining operations, including, but not limited to, reclamation. The Operator further recognizes the right of the Board to enter to reclaim lands affected by the operation. The description of lands herein is for convenience of reference only, and no error in such description, nor any revision of the permitted mining area, nor the disturbance by the Warrantor of lands outside of the permitted mining area shall alter or diminish the Operator's obligation hereunder, which shall extend to the reclamation of all such lands disturbed. The obligation of the Operator hereunder is such that, if the Operator shall successfully comply with the requirements of the Act, applicable rules and regulations, and the permit, then the Board, upon a finding that the Operator has so complied, shall release this performance warranty, and the Operator from its obligation hereunder, to the extent that the Board determines that such compliance has been accomplished. The obligation of the Operator hereunder shall continue until released in whole or in part by the Board in accordance with applicable law. In further satisfaction of the requirements of the Act, the Operator has attached hereto its financial warranty, which may be amended from time to time. The Operator agrees that it will maintain a financial warranty (or warranties) for the estimated costs of reclamation in good standing for the entire life of the permit. If the Board determines that the Operator is in default under this performance warranty and has failed to cure such default, although written notice of such default and ample time to cure such default have been given, the Operator's financial warranty shall be subject to forfeiture. This performance warranty may be executed in multiple copies, each of which shall be treated as an original , but together they constitute only one agreement, the validity and interpretation of which shall be governed by the laws of the State of Colorado. The provisions hereof shall bind and inure to the benefit of the parties hereto and their successors and assigns. Signed and dated this tii}`' day of A+A.. Q Qom . Weld County Operator By6—/014- ) NOTE: Notarization must also be completed on following page. r, • • NOTARIZATION OF OPERATOR'S ACKNOWLEDGMENT STATE OF (' e.,,Q , ) ) ss. COUNTY OF La Q 5) ) The foregoing instrument was acknowledged before me this /7+ - day of A ! q , by as OSA elr ) ,o , c _C4 v of <ka f rr ��� • • NOTARY PUBLIC My Commission expires: Lo - 8- 90 APPROVED: State of Colorado Mined Land Reclamation Division Mined Land Reclamation Board By /I( ( Date ✓�, 2 , l / Di re6 or / Hello