[Federal Register Volume 61, Number 109 (Wednesday, June 5, 1996)]
[Notices]
[Pages 28592-28593]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-14064]
-----------------------------------------------------------------------
DEPARTMENT OF THE INTERIOR
[ES-930-06-1320-01-241A; ALES-46611]
Alabama: Notice of Coal Lease Offering; Coal Lease Application
ALES 46611
AGENCY: Bureau of Land Management, Interior.
ACTION: Competitive coal lease offering by sealed bid.
-----------------------------------------------------------------------
SUMMARY: Notice is hereby given that as a result of a Coal Lease
Application filed by Drummond Company Incorporated, for the tract below
will be offered for competitive lease by sealed bid. This is in
accordance with the provisions of the Federal Mineral Leasing Act of
1920, as amended and supplemented (30 U.S.C. 181 et seq). The
application area consists of private surface with federally-owned coal.
The coal tract to be offered is underground-minable, potentially bypass
coal. The coal tract is described as the Prescott Tract in the Mary Lee
Seam, T. 16 S., R. 6 W., Sec. 30, SWSW, Walker County, Alabama,
Huntsville Principal Meridian, containing 40.08 acres more or less. The
Prescott Tract will be leased to the highest qualified bidder provided
that the high bid equals or exceeds the Fair Market Value (FMV) for the
tract as determined by the Authorized Officer. The Department has
established a minimum bid of $100.00 per acre for the tract. The
minimum bid may not represent the amount for which the tract may
actually be leased, since FMV will be determined in a separate postsale
analysis.
DATES: The lease sale will be held at 10 a.m. Friday, June 28, 1996.
Each bid must be clearly identified on the outside of the sealed
envelope containing the bid. The bid should be sent by certified mail,
return receipt or be hand delivered on or before 4:30 p.m., Thursday,
June 27, 1996 to Bureau of Land Management at the address below. If any
bid is received after the time specified it will not be considered.
ADDRESSES: The sale will be held at the Bureau of Land Management,
Eastern States, 7450 Boston Boulevard, Springfield, Virginia 22153.
SUPPLEMENTARY INFORMATION: Any lease issued as a result of this
offering will require an annual rental payment of $3.00 per acre and a
royalty payable to the United States of 8.0 percent of the value of the
coal mined by underground methods. The value of the coal shall be
determined in accordance with 43 CFR 3485.2. Bidding instructions and
bidder qualifications are included in the Detailed Statement.
FOR FURTHER INFORMATION CONTACT: Copies of the Detailed Statement and
of the proposed coal lease and case file documents are available at the
Bureau of Land Management, Eastern States, 7450 Boston Boulevard,
Springfield, Virginia 22153. Please contact Ida V. Doup at (703) 440-
1541.
[[Page 28593]]
Dated: May 30, 1996.
Walter Rewinski,
Deputy State Director, Resources Planning, Use and Protection.
[FR Doc. 96-14064 Filed 6-4-96; 8:45 am]
BILLING CODE 4310-HC-M
