99-31747. Notice of Coal Lease Offering  

  • [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]
    
    
    -----------------------------------------------------------------------
    
    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.
    
    -----------------------------------------------------------------------
    
    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
    
    
    

Document Information

Published:
12/09/1999
Department:
Land Management Bureau
Entry Type:
Notice
Action:
Notice of competitive coal lease sale.
Document Number:
99-31747
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.
Pages:
69023-69023 (1 pages)
Docket Numbers:
NM-932-1320-05, NMNM 99144
PDF File:
99-31747.pdf