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Colowyo Coal Company L.P. <br />Application for Phase I, II, and III 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, II, and III performance bond release at the Colowyo Mine. <br />Colowyo is requesting a total of 65 acres to be Phase I released and 3.7 acres be Phase I, <br />II, and III released. Colowyo currently holds a self -bond (Bond No. SB -011) in the <br />amount of $108,025,721.00. With this bond release application, Colowyo will be <br />requesting relinquishment of 60% of the bond held for each Phase I parcel and 100% for <br />the Phase I, II, and III parcel. <br />II. Summary Information <br />A. General Location Description <br />The 65 acres requested for Phase I bond release are within the West Pit and East Pit. <br />These areas are located within Moffat County, Colorado, in Township 3 North, Range 93 <br />West of the 61h PM. Please refer to Maps 1 for the exact location. Listed below is a <br />general legal description of the subject bond release parcels: <br />Township 3 North, Range 93 West of the 61h P.M. <br />Section 10 — SW '/4; <br />Section 9 — S '/z <br />The 3.7 acres requested for Phase I, II, and III bond release is within the East Pit and is <br />the Gulch A Ditch. The area is located within Moffat County, Colorado, in Township 3 <br />North, Range 93 West of the 61h PM. Please refer to Maps 3 for the exact location. <br />Listed below is a general legal description of the subject bond release parcel: <br />Township 3 North, Range 93 West of the 6th P.M. <br />Section 10 — SW t/4 NE'/4, SE'/4 NW '/4, NE'/4 E %2 <br />Section 9 —NW 1/4 NW'/4 <br />SL -15 Phase I, II, & III Bond Release Application Page 3 <br />