[Federal Register Volume 64, Number 236 (Thursday, December 9, 1999)]
[Notices]
[Page 69023]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-31747]
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DEPARTMENT OF THE INTERIOR
Bureau of Land Management
[NM-932-1320-05; NMNM 99144]
Notice of Coal Lease Offering
AGENCY: Bureau of Land Management, Interior.
ACTION: Notice of competitive coal lease sale.
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SUMMARY: Notice is hereby given that certain coal resources in the
tract described below in San Juan County, New Mexico, 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 10:00 a.m., Wednesday, January
12, 2000. Sealed bids must be submitted on or before 9 a.m., on January
12, 2000.
ADDRESSES: The lease sale will be held in the BLM Conference Room,
located at 1474 Rodeo Rd., Santa Fe, NM 87502. Sealed bids must be
submitted on or before 9 a.m. on January 12, 2000, to: Cashier, New
Mexico State Office, P.O. Box 27115, Santa Fe, NM 87502.
FOR FURTHER INFORMATION CONTACT: Ida T. Viarreal at (505) 438-7603.
SUPPLEMENTARY INFORMATION: The tract will be leased to the qualified
bidder(s) submitting the highest cash offer provided that the high bids
meet or exceed the fair market value of the tracts as determined by the
authorized officer after the sale. Each bid should be clearly
identified by tract number or serial number on the outside of the
envelope containing the bid(s). No bid that is less than $100.00 per
acre, or fraction thereof, will be considered. This $100.00 per acre is
a regulatory minimum, and is not intended to reflect fair market value
of the tracts.
Sealed bids clearly market ``Sealed Bid for NMNM 99144 Coal Sale--
Not to be opened before 10 a.m. Wednesday, January 12, 2000.'' must be
received on or before 9 a.m., Wednesday, January 12, 2000. Bids should
be sent be certified mail, return receipt requested, or should be hand
delivered. The cashier will issue a receipt for each hand delivered
sealed bid. Bids received after 9 a.m., on January 12, 2000, will not
be considered. The minimum bid is not intended to represent fair market
value. The fair market value of the tract will be determined by the
Authorized Officer after the sale.
If identical high sealed bids are received, the tying bidders will
be requested to submit follow-up sealed bids until a high bid is
received. All tie-breaking sealed bids must be within 15 minutes
following the sale official's announcement at the sale that identical
sealed bids have been received.
Coal Tract To Be Offered
The coal resources to be offered consist of all recoverable
reserves in the following described lands located in San Juan County,
New Mexico and are described as follows:
T. 30 N., R. 14 W., NMPM
Sec. 17, ALL;
Sec. 18, ALL;
Sec. 19, ALL;
Sec. 20, ALL;
Sec. 29, ALL;
Sec. 30, ALL;
Sec. 31, Lot 1-4, N\1/2\, N\1/2\, S\1/2\.
Containing 4,483.88 acres, more or less.
Rental and Royalty
The leases issued as a result of this lease offering will require
payment of an annual rental of $3.00 per acre or fraction thereof, and
a royalty payable to the United States of 12\1/2\ percent of the value
of the coal removed by surface methods and 8 percent of the value of
the coal removed by underground methods. The value of the coal will be
determined in accordance with 30 CFR 206.250.
Notice of Availability
Bidding instructions for the offered tracts are included in
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 New Mexico State Office at the addresses shown above. The case
files are available for inspection during normal business hours only at
the Santa Fe, New Mexico, location.
Dated: December 2, 1999.
Richard A. Whitley,
Associate State Director.
[FR Doc. 99-31747 Filed 12-5-99; 8:45 am]
BILLING CODE 4310-FB-M