98-30424. Notice of Public Hearing and Request for Comments on Environmental Assessment, Maximum Economic Recovery Report, and Fair Market Value; Application for Competitive Coal Lease COC 61357; Colorado  

  • [Federal Register Volume 63, Number 219 (Friday, November 13, 1998)]
    [Notices]
    [Pages 63489-63490]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-30424]
    
    
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    DEPARTMENT OF THE INTERIOR
    
    Bureau of Land Management
    [CO-933-99-1320-01; COC 61357]
    
    
    Notice of Public Hearing and Request for Comments on 
    Environmental Assessment, Maximum Economic Recovery Report, and Fair 
    Market Value; Application for Competitive Coal Lease COC 61357; 
    Colorado
    
    AGENCY: Bureau of Land Management, Interior.
    
    ACTION: Notice of public hearing.
    
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    SUMMARY: Bureau of Land Management, Colorado State Office, Lakewood, 
    Colorado, hereby gives notice that a public hearing will be held to 
    receive comments on the environmental assessment, maximum economic 
    recovery, and fair market value of federal coal to be offered. An 
    application for coal lease was filed by Oxbow Mining, Inc., requesting 
    the Bureau of Land Management offer for competitive lease 3,702.81 
    acres of federal coal in Delta and Gunnison Counties, Colorado. Tract 
    delineation by the Uncompahgre Field Office resulted in the addition of 
    160 acres of federal coal in sec. 32, T. 12 S., R. 90 W., 6th P.M. for 
    a grand total of 3,862.81 acres.
    
    DATES: The public hearing will be held at 7 p.m., December 3, 1998. 
    Written comments should be received no later than December 17, 1998.
    
    ADDRESSES: The public hearing will be held in the Paonia Town Hall, 214 
    Grand Avenue, Paonia, Colorado. Written comments should be addressed to 
    the Bureau of Land Management, Field Office Manager, Uncompahgre Field 
    Office, 2505 South Townsend Avenue, Montrose, Colorado 81401.
    
    FOR FURTHER INFORMATION CONTACT:
    Allan Belt, field Office Manager, Uncompahgre field Office at the 
    address above, or by telephone at (970) 240-5315.
    
    SUPPLEMENTARY INFORMATION: Bureau of Land Management, Colorado State 
    Office, Lakewood, Colorado, hereby gives notice that a public hearing 
    will be held on December 3, 1998, at 7 p.m., in the Paonia Town Hall at 
    the address given above.
        An application for coal lease was filed by Oxbow Mining, Inc., 
    requesting the Bureau of land Management offer for competitive lease 
    federal coal in the lands outside established coal production regions 
    described as:
    
    T. 12 S., R. 90 W., 6th P.M.
        Sec. 31, lots 1 to 14, inclusive, and NE\1/4\;
        Sec. 32, lots 3 to 6, inclusive, lots 11 to 14, inclusive, and 
    NW\1/4\.
    T. 12 S., R. 91 W., 6th P.M.
        Sec. 35, lots 1, 2, and 4 to 8, inclusive, 13 to 16, inclusive, 
    lots 21, 22, and that part of HES No. 134 lying in the NE\1/4\;
        Sec. 36, lots 1 to 17, inclusive, NE\1/4\, E\1/2\NW\1/4\, SW\1/
    4\NW\1/4\, and that part of HES No. 134 lying in lot 1.
    T. 13 S., R. 90 W., 6th P.M.
        Sec. 5, lots 7 to 10, inclusive;
        Sec. 6, lots 8 to 17, inclusive.
    T. 13 S., R. 91 W., 6th P.M.
        Sec. 1, lots 1 and 4, inclusive, S\1/2\NW\1/4\ and SW\1/4\;
        Sec. 2, lot 1, and S\1/2\NE\1/4\;
        Sec. 12, S\1/2\NE\1/4\, and NW\1/4\.
    
        Containing 3,862.81 acres.
    
        The coal resource to be offered is limited to coal recoverable by 
    underground mining methods.
        The purpose of the hearing is to obtain public comments on the 
    environmental assessment and on the following items:
        (1) The method of mining to be employed to obtain maximum economic 
    recovery of the coal,
    
    [[Page 63490]]
    
        (2) The impact that mining the coal in the proposed leasehold may 
    have on the area; and
        (3) The methods of determining the fair market value of the coal to 
    be offered.
        Written requests to testify orally at the December 3, 1998, public 
    hearing should be received at the Uncompahgre Field Office prior to the 
    close of business December 3, 1998. Those who indicate they wish to 
    testify when they register at the hearing may have an opportunity if 
    time is available.
        In addition, the public is invited to submit written comments 
    concerning the fair market value and maximum economic recovery of the 
    coal resource. Public comments will be utilized in establishing fair 
    market value for the coal resource in the described lands. Comments 
    should address specific factors related to fair market value including, 
    but not limited to:
        1. The quality and quantity of the coal resource.
        2. The price that the mined coal would bring in the market place.
        3. The cost of producing the coal.
        4. The interest rate at which anticipated income streams would be 
    discounted.
        5. Depreciation and other accounting factors.
        6. The mining method or methods which would achieve maximum 
    economic recovery of the coal.
        7. Documented information on the terms and conditions of recent and 
    similar coal land transactions in the lease area, and
        8. Any comparable sales data of similar coal lands.
        Should any information submitted as comments be considered to be 
    proprietary by the commenter, the information should be labeled as such 
    and stated in the first page of the submission. Written comments on the 
    environmental assessment, maximum economic recovery, and fair market 
    value should be sent to the uncompahgre Field Office at the above 
    address prior to close of business on December 17, 1998.
        Substantive comments, whether written or oral, will receive equal 
    consideration prior to any lease offering.
        The Environmental Assessment and Maximum Economic Recovery Report 
    are available from the Uncompahgre Field Office upon request.
        A copy of the Environmental Assessment, the Maximum Economic 
    Recovery Report, the case file, and the comments submitted by the 
    public, except those portions identified as priorietary by the 
    commenter and meeting exemptions stated in the Freedom of Information 
    Act, will be avaiable for public inspection at the Colorado State 
    Office, 2850 Youngfield, Lakewood, Colorado, 80215.
    
        Dated: November 05, 1998.
    Karen A. Purvis,
    Solid Minerals Team Resource Services.
    [FR Doc. 98-30424 Filed 11-12-98; 8:45 am]
    BILLING CODE 4310-JB-M
    
    
    

Document Information

Published:
11/13/1998
Department:
Land Management Bureau
Entry Type:
Notice
Action:
Notice of public hearing.
Document Number:
98-30424
Dates:
The public hearing will be held at 7 p.m., December 3, 1998. Written comments should be received no later than December 17, 1998.
Pages:
63489-63490 (2 pages)
Docket Numbers:
CO-933-99-1320-01, COC 61357
PDF File:
98-30424.pdf