[Federal Register Volume 60, Number 96 (Thursday, May 18, 1995)]
[Notices]
[Page 26733]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-12225]



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 DEPARTMENT OF THE INTERIOR

Bureau of Land Management
[CO-933-95-1320-01; COC 54608]


Notice of Coal Lease Offering By Sealed Bid; COC 54608

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice of competitive coal lease sale.

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SUMMARY: Bureau of Land Management, Colorado State Office, Lakewood, 
Colorado, hereby gives notice that certain coal resources in the lands 
hereinafter described in Routt County, Colorado, will be offered for 
competitive lease by sealed bid in accordance with the provisions of 
the Mineral Leasing Act of 1920, as amended (30 U.S.C. 181 et seq.).

DATES: The lease sale will be held at 11 a.m., Friday, June 23, 1995. 
Sealed bids must be submitted no later than 10 a.m., Friday, June 23, 
1995.

ADDRESSES: The lease sale will be held in the Conference Room, Fourth 
Floor, Colorado State Office, 2850 Youngfield Street, Lakewood, 
Colorado. Sealed bids must be submitted to the Cashier, First Floor, 
Colorado State Office, 2850 Youngfield Street, Lakewood, Colorado 
80215.

FOR FURTHER INFORMATION CONTACT:
Karen Purvis at (303) 239-3795.

SUPPLEMENTARY INFORMATION: The tract will be leased to the qualified 
bidder submitting the highest offer, provided that the high bid meets 
the fair market value determination of the coal resource. The minimum 
bid for this tract is $100 per acre or fraction thereof. No bid less 
than $100 per acre or fraction thereof will be considered. The minimum 
bid is not intended to represent fair market value.
    Sealed bids received after the time specified above will not be 
considered.
    In the event identical high sealed bids are received, the tying 
high bidders will be requested to submit follow-up bids until a high 
bid is received. All tie-breaking sealed bids must be submitted with 15 
minutes following the Sale Official's announcement at the sale that 
identical high bids have been received.
    Fair market value will be determined by the authorized offer after 
the sale.

COAL OFFERED: The coal resource to be offered is limited to coal 
recoverable by underground mining methods in the Wadge seam on the 
Twentymile Tract in the following lands:
Sixth Principal Meridian
T. 5 N., R. 86 W.,
    Sec. 21, N\1/2\, and SE\1/4\;
    Sec. 22, E\1/2\E\1/2\, and W\1/2\;
    Sec. 23, all;
    Sec. 26, N\1/2\, and N\1/2\SW\1/4\;
    Sec. 27, W\1/2\;
    Sec. 28, NE\1/4\, and E\1/2\NW\1/4\;
    Sec. 33, NE\1/4\NE\1/4\,

    The land described contains 2,600 acres, more or less.


    Total recoverable reserves are estimated to be 24,300,000 tons. The 
Wadge seam underground minable coal is ranked as high volatile C 
bituminous coal. The estimated coal quality for the Wadge seam on an 
as-received bases is as follows:


Btu
11,745 Btu/lb.
Moisture
7.76%
Sulfur Content
0.48%
Ash Content
8.80%

RENTAL AND ROYALTY: The lease issued as a result of this offering will 
provide for payment of an annual rental of $3.00 per acre or fraction 
thereof and a royalty payable to the United States of 8 percent of the 
value of coal mined by underground methods. The value of the coal will 
be determined in accordance with 30 CFR 206.

NOTICE OF AVAILABILITY: Bidding instruction for the offered tract are 
included in the Detailed Statement of Coal Lease Sale. Copies of the 
statement and the proposed coal lease are available upon request in 
person or by mail from the Colorado State Office at the address given 
above. The case file is available for inspection in the Public Room, 
Colorado State Office, during normal business hours at the address 
given above.


    Dated: May 9, 1995.
Karen A. Purvis,
Solid Minerals Team Resource Services.
[FR Doc. 95-12225 Filed 5-17-95; 8:45 am]
BILLING CODE 4310-JB-M