2014-08-13_PERMIT FILE - C1981018A (3)

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NT OF United States Department of the Interior BUREAU OF LAND MANAGEMENT Colorado State Office CH 33 �e °9 2850 Youngfield Street Lakewood, Colorado 80215 -7210 www.co.blm.gov In Reply Refer To: 3451(CO -921) COC- 126669 -01 Coal JUN 2 5 2012 CERTIFIED MAIL - 7003 - 1680 - 0005- 0371 -8092 Decision Blue Mountain Energy, Inc. 10714 S. Jordan Gateway #300 South Jordan, UT 80495 Lease Terms and Conditions Readjusted Coal lease COC- 126669 -01 was issued effective August 01, 1982, was last readjusted on August 01, 2002, and becomes subject to readjustment of its terms and conditions on August 01, 2012. Notice of intent to readjust the coal lease was sent to the lessee on August 01, 2010. As provided in the Mineral Leasing Act of 1920, as amended (41 Stat. 437, 30 U.S.C. 181 et seq.), and the regulations at 43 CFR 3451, we are hereby readjusting the terms and conditions of the lease. A copy of the lease is enclosed. The readjusted terms and conditions shall become effective August 01, 2012. This action has been reviewed for conformance with the Bureau of Land Management's public land health standards adopted February 12, 1997. The readjustment will not adversely affect achievement of the public land health standards. The annual rental remains at $3 per acre or fraction thereof as provided in the current lease. The royalty rates established by law and by regulation at 43 CFR 3473.3 -2 remain at 12'/2 percent of the value of the coal removed from a surface mine, and at 8 percent for coal removed from an underground mine. The value of the coal shall be determined in accordance with the regulations at 30 CFR 206, as amended. The adequacy of the lease bond is reviewed periodically and adjusted when necessary to reflect changed conditions. The required bond amount remains at $5,000. Payments of rentals and royalties must be submitted to the Office of Natural Resources Revenue in accordance with that agency's regulations in Title 30, Code of Federal Regulations. In accordance with the regulations at 43 CFR 3451.2(b) and (e), this decision constitutes the final action of the Bureau of Land Management on all the provisions contained in the readjusted lease.