[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
