[Federal Register Volume 63, Number 68 (Thursday, April 9, 1998)]
[Notices]
[Pages 17440-17441]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-9365]
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DEPARTMENT OF THE INTERIOR
Bureau of Land Management
[CO-933-98-1320-01; COC 61209]
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 61209;
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 Bowie Resources Limited
requesting the Bureau of Land Management offer for competitive lease
3,403.27 acres of federal coal in Delta County, Colorado.
DATES: The public hearing will be held at 7 p.m., April 22, 1998.
Written comments should be received no later than May 12, 1998.
ADDRESSES: The public hearing will be held in the Paonia Town Hall, 214
Grand Avenue, Paonia, Colorado. Written comments should be addresses to
the Bureau of Land Management, Area Manager, Uncompahgre Basin Resource
Area, 2505 South Townsend Avenue, Montrose, Colorado 81401.
FOR FURTHER INFORMATION CONTACT: Allan Belt, Area Manager, Uncompahgre
Basin Resource Area 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 April 22, 1998, at 7 p.m., in the Paonia Town Hall at
the address given above.
An application for coal lease was filed by Bowie Resources Limited
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. 91 W., 6th P.M.
Sec. 33, lots 1 to 16, inclusive, S\1/2\N\1/2\;
Sec. 34, lots 1 to 16, inclusive, S\1/2\N\1/2\.
T. 13 S., R. 91 W., 6th P.M.
Sec. 2, SW\1/4\NW\1/4\, NW\1/4\SW\1/4\, and E\1/2\SW\1/4\;
Sec. 3, lots 1 to 4, inclusive, S\1/2\N\1/2\, and N\1/2\S\1/2\;
Sec. 4, lots 1 to 4, inclusive, S\1/2\N\1/2\, and S\1/2\;
[[Page 17441]]
Sec. 5 S\1/2\SE\1/4\, and SE\1/4\SW\1/4\;
Sec. 8 NE\1/4\;
Sec. 9 NW\1/4\, and N\1/2\SW\1/4\;
Sec. 11, NE\1/4\NW\1/4\.
Containing 3,403.27 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,
(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 April 22, 1998, public
hearing should be received at the Uncompahgre Basin Resource Area
Office prior to the close of business April 22, 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 Basin Resource Area Office at
the above address prior to close of business on April 22, 1998.
Substantive comments, whether written or oral, will receive equal
consideration prior to any lease offering.
The Draft Environmental Assessment and Maximum Economic Recovery
Report are available from the Uncompahgre Basin Resource Area Office
upon request.
A copy of the Draft Environmental Assessment, the Maximum Economic
Recovery Report, the case file, and the comments submitted by the
public, except those portions identified as proprietary by the
commenter and meeting exemptions stated in the Freedom of Information
Act, will be available for public inspection at the Colorado State
Office, 2850 Youngfield, Lakewood, Colorado 80215.
Dated: March 31, 1998.
Karen A. Purvis,
Solid Minerals Team, Resource Services.
[FR Doc. 98-9365 Filed 4-8-98; 8:45 am]
BILLING CODE 4310-JB-M
