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Colowyo Coal Company L.P. <br />SL-24 Phase I Bond Release Application <br /> <br />I. General <br /> <br />Colowyo Coal Company L.P. (Colowyo), Permit No. C-1981-019, is submitting this application <br />for Phase I performance bond release. Colowyo is requesting 145.9 acres be Phase I released <br />with this application. The current bond amount for the Colowyo Mine is $117,425,997.00. <br />Colowyo currently holds a surety bond (Bond No. 190044301) in the amount of <br />$119,000,000.00. With this application, Colowyo will be requesting relinquishment of 60% of <br />the base bond held for the Phase I areas applied for under this application. <br /> <br />II. Summary Information <br /> <br />A. General Location Description <br /> <br />The 145.9 acres requested for Phase I release are located within the southern portion of West Pit, <br />north and east of the Collom Pit, and northeast of the Gossard Loadout facility. These areas are <br />located within Moffat County, Colorado, in Township 3 North, Range 93 West, Township 3 <br />North, Range 94W, Township 4N, Range 93W, and Township 4 North, Range 94 West. Listed <br />below is a general legal description of the subject bond release areas: <br /> <br />Township 3 North, Range 93 West of the 6th P.M. <br />Section 5 – NW ¼ NE ¼ <br />Section 6 – N ½ and SE ¼ <br />Section 8 – SE ¼ SE ¼ <br />Section 9 – S ½ <br />Section 16 – NW ¼ NW 1/4 <br />Section 17 NE ¼ NE ¼ <br /> <br />Township 3 North, Range 94 West of the 6th P.M. <br />Section 1 – NE ¼ <br /> <br />Township 4 North, Range 93 West of the 6th P.M. <br />Section 31 – South ½ <br />Section 32 - SW ¼ SW ¼ <br />Section 13 – S ½ <br />Section 22 – SE ¼ NE ¼ <br />Section 23 – S ½, NE ¼ SE ¼ <br />Section 24 – NW ¼ <br /> <br /> Township 4 North, Range 94 West of the 6th P.M. <br />Section 36 - All <br />Section 25 – NW ¼ NE ¼ <br /> <br />Please see Map 1 for the exact locations applied for in this application. <br />