Laserfiche WebLink
Map 1 Bond Release Area Delineation Map <br />Map 2 General Location Map <br />INTRODUCTION <br />On September 28, 1992, Hayden Gulch Terminal, Inc. (HGTI), a subsidiary of Peabody Energy <br />Corporation (Peabody), entered into an Asset Purchase Agreement with H-G Coal Company <br />and Axial Basin Ranch Company to purchase, among other assets, a coal loading facility, the <br />"Hayden Gulch Loadout", which is located in Routt County, Colorado, approximately 1.5 miles <br />southeast of the Town of Hayden, Colorado. <br />This coal loading facility was originally included in H-G Coal Company's permit application <br />package for the Hayden Gulch Mine, a surface coal mine permitted under Mining and <br />Reclamation Permit No. C-80-003 by the Colorado Mined Land Reclamation Division (a <br />precursor to the Colorado Division of Reclamation, Mining and Safety [CD RMS]) on January <br />4, 1982. The permit was renewed by H-G Coal Company on two occasions: January 4, 1987 <br />and January 4, 1992. <br />Permit No. C-80-003 (as originally approved in 1982) included geographically distinct permit <br />areas covering the coal loadout and the surface mine. The loadout facility area, located seven <br />miles northeast of the mine site, as originally permitted contained 134 permitted acres of which <br />54 were reported to be disturbed. In 1986, coal production ceased, and final reclamation <br />operations commenced at the surface mine. Concurrently, operations ceased at the loadout, <br />although it was not reclaimed by H-G Coal Company in anticipation of future development of <br />coal reserves it held in the area of the Hayden Gulch Mine. <br />The closing between HGTI and H-G Coal Company and Axial Basin Ranch Company under <br />the Asset Purchase Agreement was contingent upon certain conditions. These conditions <br />included the transfer of issuance, as appropriate, of permits needed to operate the loadout <br />facility without any material adverse change in the permit conditions, requirements, or <br />limitations (or reasonably satisfactory evidence is received by Hayden Gulch Terminal, Inc., <br />that such transfers or issuances will be approved by the appropriate regulatory authority). <br />The September 1992 Asset Purchase Agreement did not include the mine site. Consequently, <br />transfer of Permit No. C-80-003 was inappropriate, and Hayden Gulch Terminal, Inc. submitted <br />