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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 107.5 acres to be Phase I released. Colowyo currently holds a self - <br />bond (Bond No. SB -011) in the amount of $95,517,829.00. With this bond release <br />application, Colowyo will be requesting relinquishment of 60% of the bond held for each <br />parcels applied for under this application. <br />II. Summary Information <br />A. General Location Description <br />The 103.1 acres requested for Phase I bond release are within the West Pit, East Pit, <br />South Taylor Pit, and areas adjacent to the Collom and Gossard Loadout facilities areas. <br />These areas are located within Moffat County, Colorado, in Township 3 North, Range 93 <br />West, Township 4N, Range 93 West, and T4N, Range 94W of the 6th PM. Please refer to <br />Maps 1 and 2 for the exact location. Listed below is a general legal description of the <br />subject reclaimed areas: <br />Township 3 North, Range 93 West of the 611 P.M. <br />Section 3 — NW'/4 N'/2; <br />Section 9 — E%; <br />Section 17 — NW'/4; <br />Section 15 — SW %4 NW '/4 <br />Township 4 North, Range 93 West of the 6th P.M. <br />Section 22 —NW'/4 SW'/4; <br />Section 23 — SW'/4 NEI/4 and SE'/4; <br />Section 30 — NEI/4 SWI/4 <br />Township 4 North, Range 94 West of the 611 P.M. <br />Section 25 — NWI/4 SEI/4 <br />SL -13 Phase I Bond Release Application Page 3 <br />