The action approving a pledge of revenue shall take the form of a resolution or other appropriate document from the governing body of the agency responsible for reclamation. The resolution or document shall remain in effect continuously until the approved reclamation plan has been determined to be completed by the Director, pursuant to this chapter. The pledge of revenue shall consist of the following items:
(a) The resolution or document establishing the pledge of revenue;
(b) The types and sources of pledged revenue;
(c) The period of time that each source of revenue is pledged to be available;
(d) The estimated amount of financial assurances necessary to complete the approved reclamation plan; and,
(e) An authorization for the County or the Department to use the proceeds of the pledge to complete reclamation, if the operator is incapable of performing reclamation, as determined in Article 9 of this chapter.
The government agency may pledge the following types of revenue that it controls, as long as the revenue is available in a timely manner to perform the necessary reclamation work:
(f) Fees, rents, or other charges;
(g) Tax revenues within statutory limitations; and/or
(h) Other guaranteed revenues that are acceptable to the lead agency and the State Mining and Geology Board.
If the government agency ceases at any time to retain control of its ability to allocate pledged revenue to complete reclamation, the governing body of the agency shall notify both the lead agency and the Department within sixty (60) days after control lapses. (§ 1, Ord. 1191, eff. September 5, 1996)