[Federal Register Volume 59, Number 134 (Thursday, July 14, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-17030]
[[Page Unknown]]
[Federal Register: July 14, 1994]
-----------------------------------------------------------------------
DEPARTMENT OF THE INTERIOR
[MT-921-04-4120-03-P; NDM 81582]
Coal Lease Offering
AGENCY: Bureau of Land Management, Interior.
ACTION: Notice of Coal Lease Offering By Sealed Bid; NDM 81582--The
Coteau Properties Company.
-----------------------------------------------------------------------
SUMMARY: Notice is hereby given that the coal resources in the lands
described below in Mercer County, North Dakota, will be offered for
competitive lease by sealed bid. This offering is being made as a
result of an application filed by the Coteau Properties Company, in
accordance with the provisions of the Mineral Leasing Act of 1920 (41
Stat. 437; 30 U.S.C. 181-287), as amended.
An Environmental Assessment of the proposed coal development and
related requirements for consultation, public involvement and hearing
have been completed in accordance with 43 CFR 3425. The results of
these activities were a finding of no significant environmental impact.
The tract will be leased to the qualified bidder of the highest
cash amount provided that the high bid meets the fair market value of
the coal resource. The minimum bid for the tract is $100 per acre, or
fraction thereof. No bid that is less than $100 per acre, or fraction
thereof, will be considered. The minimum bid is not intended to
represent fair market value. The fair market value will be determined
by the authorized officer after the sale.
COAL OFFERED: The coal resource to be offered consists of all
recoverable reserves in the following described lands located
approximately 10 miles north of the town of Beulah:
Mercer County, North Dakota
T. 145 N., R. 86 W. 5th P.M.
Sec. 6: Lots 3, 4, 5, SE\1/4\NW\1/4\;
Sec. 8: E\1/2\NE\1/4\, NW\1/4\NW\1/4\, SE\1/4\NW\1/4\, SE\1/
4\SW\1/4\, NE\1/4\SE\1/4\, S\1/2\SE\1/4\;
Sec. 18: E\1/2\.
Containing 792.900 acres.
The Beulah bed, averaging 12.0 feet in thickness, is the only
economically minable coal seam within the tract. The tract contains an
estimated 9.1 million short tons of recoverable lignite. Coal quality,
as received, averages 6831 BTU/lb., 37.78 percent moisture, 5.9 percent
ash, 0.8 percent sulfur, 29.3 percent fixed carbon, and 27.0 percent
volatile matter. This coal bed is being mined in adjoining tracts by
the Coteau Properties Company.
RENTAL AND ROYALTY: A lease issued as a result of this offering will
provide for payment of an annual rental of $3 per acre, or fraction
thereof, and a royalty payable to the United States of 12.5 percent of
the value of coal mined by surface methods and 8.0 percent of the value
of the coal mines by underground methods. The value of the coal shall
be determined in accordance with 43 CFR 3485.2.
DATES: Lease Sale--The lease sale will be held at 11:00 a.m., Tuesday,
August 9, 1994, in the Conference Room on the Sixth Floor of the
Granite Tower Building, Bureau of Land Management, 222 North 32nd
Street, Billings, Montana 59107.
Bids--Sealed bids must be submitted on or before 10:00 a.m.,
Tuesday, August 9, 1994, to the cashier, Bureau of Land Management,
Montana State Office, Second Floor, Granite Tower Building, 222 North
32nd Street, Post Office Box 36800, Billings, Montana 59107-6800. The
bids should be sent by certified mail, return receipt requested, or be
hand-delivered. The cashier will issue a receipt for each hand-
delivered bid. Bids received after that time will not be considered.
SUPPLEMENTARY INFORMATION: Bidding instructions for the offered tract
are included in the Detailed Statement of Lease Sale. Copies of the
statement and the proposed coal lease are available at the Montana
State Office. Casefile documents are also available for public
inspection at the Montana State Office.
Dated: July 7, 1994.
Thomas P. Lonnie,
Acting State Director.
[FR Doc. 94-17030 Filed 7-13-94; 8:45 am]
BILLING CODE 4310-DN-P
