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2020-06-25_REVISION - C1981035 (53)
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2020-06-25_REVISION - C1981035 (53)
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Entry Properties
Last modified
12/27/2024 9:42:51 PM
Creation date
6/24/2020 5:05:49 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1981035
IBM Index Class Name
Revision
Doc Date
6/25/2020
Doc Name Note
King II App 1(2) COC-62920
Doc Name
Proposed Revision Materials
From
GCC Energy, LLC
To
DRMS
Type & Sequence
PR10
Email Name
JHB
THM
Media Type
D
Archive
No
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6 <br /> es O fi Ty <br /> oP� United States Department of the Interior u.sw �° ; w, <br /> _ BUREAU OF LAND MANAGEMENT <br /> Colorado State Office <br /> �RCli 2850 Youngfield Street <br /> Lakewood, Colorado 80215-7210 <br /> www.co.bim.gov <br /> a <br /> a <br /> In Reply Refer To: <br /> 3432 (C0921) JAN 3 <br /> COC-62920 <br /> 1 <br /> CERTIFIED MAIL—Return Receipt Requested <br /> i <br /> I <br /> Decision <br /> Tom Bird <br /> GCC Energy, LLC <br /> 6473 County Road 120 <br /> Hesperus, CO 81326 <br /> Bond and Rider Accented <br /> Modified Lease Issued <br /> On December 15, 2017, the Bureau of Land Management (BLM), Colorado State Office sent <br /> GCC Energy, LLC a Notice outlining the additional requirements the BLM needed to complete <br /> the modification of coal lease COC-62920. This Notice requested GCC Energy to execute and <br /> return three copies of the modified lease, submit a$1,584,400 bonus payment reflecting the fair <br /> market value of the coal in lieu of competitive bidding, submit the appropriate bond, and pay a <br /> pro-rated rental. <br /> On January 10, 2018, GCC Energy provided the following: <br /> • Three executed copies of the modified lease. Under 43 C.F.R. 3475.3, GCC Energy <br /> requested that the BLM date the lease modification and have it be effective on January 1, <br /> 2018. 1 have signed the three leases, effective January 1, 2018. <br /> On January 17, 2018, GCC Energy provided the following: <br /> An increase bond rider in the amount of$418,000. The BLM has examined the rider, <br /> surety number 104789057 and bond number COB000164, having GCC Energy, LLC, as <br /> principal and Travelers Casualty and Surety Company of America as surety, and has <br /> found the rider to be satisfactory. The BLM hereby accepts this rider effective January <br /> 17, 2018, the date of filing in this office. <br />
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