"Performance Bond to Conduct Mining" - Oregon

Performance Bond to Conduct Mining is a legal document that was released by the Oregon Department of Geology and Mineral Industries - a government authority operating within Oregon.

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PERFORMANCE BOND TO CONDUCT MINING
Send completed form with ORIGINAL signatures to Dept. of Geology
229 Broadalbin Street SW, Albany OR 97321-2246
For surface mining permit:
DOGAMI ID No.
_________________________________
Bond No.
_________________________________
Site Location:
S________, T_______, R_______, __________________________ County
(Section)
(Township)
(Range)
KNOW ALL MEN BY THESE PRESENTS:
That we _________________________________________________________________(name of permittee), as principal, and
___________________________________________________________, a corporation duly licensed to do business in the
State of Oregon, as surety are held and firmly bound unto the State of Oregon, acting by and through the Department of
Geology and Mineral Industries, in the sum of _______________________________________________________ dollars
($______________________) lawful money of the United States for payment of which will and truly to be made we bind
ourselves and our legal representatives jointly and severally by these presents.
Executed this __________________ day of ___________________________, ___________.
The condition of the above obligation is such that whereas the above principal is an applicant for a permit to conduct surface mining in
Oregon pursuant to ORS Chapter 517.
It is understood and agreed that the Department may grant to principal extensions of time to complete his reclamation plan, which are
based upon delays occasioned by causes beyond principal's control. Such extensions of time shall not cancel the bond, but continue it in
full force and effect for the period of such extension of time.
NOW THEREFORE, if the said principal shall faithfully perform the requirements of the reclamation plan filed with the Department of
Geology and Mineral Industries; the terms and conditions of this operating permit; and the provisions of ORS 517.750 through 517.990;
and the rules of said Department adopted thereunder, then this obligation to be void, otherwise to remain in full force and effect provided
that if the surety elects to cancel this bond as to subsequent liability, surety must give written notice to the principal(s) and to the
Department of Geology and Mineral Industries at least thirty (30) days prior to the effective date of cancellation.
The above-referenced statutes, rules and operating permit require the principal to maintain this performance bond until all reclamation has
been completed and approved by the Department or until the Department has received and approved a replacement performance bond or
alternative form of financial security. Any notice of cancellation given by the surety prior to the completion of reclamation or the approval
of a replacement bond or alternative form of financial security is cause for a demand on the bond, and upon demand by the Department
prior to the effective date of the cancellation, the surety shall be liable for payment of the bond sum.
The Surety shall send any notice or cancellation or other correspondence relating to this bond and directed to the Department to 229
Broadalbin Street SW, Albany, Oregon 97321-2246. Notices sent to any other location are not effective until actually received by the
Albany office.
_________________________________________________
______________________________________________
(Name of Principal - print or type)
(Name of Company - print or type)
_________________________________________________
______________________________________________
(Signature of Principal & Date Signed)
(Name & Title of Attorney-in-Fact - print or type)
______________________________________________
(Signature & Date Signed)
______________________________________________
(Mailing Address)
______________________________________________
(City/State/Zip)
OFFICE USE ONLY:
Acres _____ Use _____________________
______________________________________________
Authorization
(Phone)
P:\FORMS LISTS LABELS ENVELOPES\Bonds - ALL Programs\Bonds - Mining\Performance_Bond_Mining_08-2012.doc
PERFORMANCE BOND TO CONDUCT MINING
Send completed form with ORIGINAL signatures to Dept. of Geology
229 Broadalbin Street SW, Albany OR 97321-2246
For surface mining permit:
DOGAMI ID No.
_________________________________
Bond No.
_________________________________
Site Location:
S________, T_______, R_______, __________________________ County
(Section)
(Township)
(Range)
KNOW ALL MEN BY THESE PRESENTS:
That we _________________________________________________________________(name of permittee), as principal, and
___________________________________________________________, a corporation duly licensed to do business in the
State of Oregon, as surety are held and firmly bound unto the State of Oregon, acting by and through the Department of
Geology and Mineral Industries, in the sum of _______________________________________________________ dollars
($______________________) lawful money of the United States for payment of which will and truly to be made we bind
ourselves and our legal representatives jointly and severally by these presents.
Executed this __________________ day of ___________________________, ___________.
The condition of the above obligation is such that whereas the above principal is an applicant for a permit to conduct surface mining in
Oregon pursuant to ORS Chapter 517.
It is understood and agreed that the Department may grant to principal extensions of time to complete his reclamation plan, which are
based upon delays occasioned by causes beyond principal's control. Such extensions of time shall not cancel the bond, but continue it in
full force and effect for the period of such extension of time.
NOW THEREFORE, if the said principal shall faithfully perform the requirements of the reclamation plan filed with the Department of
Geology and Mineral Industries; the terms and conditions of this operating permit; and the provisions of ORS 517.750 through 517.990;
and the rules of said Department adopted thereunder, then this obligation to be void, otherwise to remain in full force and effect provided
that if the surety elects to cancel this bond as to subsequent liability, surety must give written notice to the principal(s) and to the
Department of Geology and Mineral Industries at least thirty (30) days prior to the effective date of cancellation.
The above-referenced statutes, rules and operating permit require the principal to maintain this performance bond until all reclamation has
been completed and approved by the Department or until the Department has received and approved a replacement performance bond or
alternative form of financial security. Any notice of cancellation given by the surety prior to the completion of reclamation or the approval
of a replacement bond or alternative form of financial security is cause for a demand on the bond, and upon demand by the Department
prior to the effective date of the cancellation, the surety shall be liable for payment of the bond sum.
The Surety shall send any notice or cancellation or other correspondence relating to this bond and directed to the Department to 229
Broadalbin Street SW, Albany, Oregon 97321-2246. Notices sent to any other location are not effective until actually received by the
Albany office.
_________________________________________________
______________________________________________
(Name of Principal - print or type)
(Name of Company - print or type)
_________________________________________________
______________________________________________
(Signature of Principal & Date Signed)
(Name & Title of Attorney-in-Fact - print or type)
______________________________________________
(Signature & Date Signed)
______________________________________________
(Mailing Address)
______________________________________________
(City/State/Zip)
OFFICE USE ONLY:
Acres _____ Use _____________________
______________________________________________
Authorization
(Phone)
P:\FORMS LISTS LABELS ENVELOPES\Bonds - ALL Programs\Bonds - Mining\Performance_Bond_Mining_08-2012.doc