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Colowyo Coal Company L.P. <br />Application for Phase I Performance Bond Release <br />I. General Requirements <br />Tri-State Generation and Transmission Association Inc. (Tri-State), is the parent <br />company to Axial Basin Coal Company, which is the general partner to Colowyo Coal <br />Company L.P. (Colowyo). Therefore, Tri-State on behalf of Colowyo is submitting this <br />application for Phase I performance bond release at the Colowyo Mine. Colowyo is <br />requesting a total of 65.6 acres to be Phase I released. Colowyo currently holds a self - <br />bond (Bond No. SB -010) in the amount of $80,517,829. With this bond release <br />application, Colowyo will be requesting relinquishment of 60% of the bond held for the <br />parcel applied for under this application. <br />II. Summary Information <br />A. General Location Description <br />The 65.6 acres requested for Phase I bond release is within the West Pit. This area is <br />located within Moffat County, Colorado, in Township 3 North, Range 93 West of the 6ch <br />PM. Please refer to Exhibit 1 for the exact location. Listed below is a general legal <br />description of the subject reclaimed areas: <br />Township 3 North, Range 93 West of the 6th P.M. <br />Section 9 — E 1/2; <br />Section 8 —SE 1/4; <br />SL -09 Phase I Bond Release Application Page 3 <br />