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III IIIIIIIIIIIII III <br />999 <br />Paonia State $ank <br />Your H1nd of Bttak <br />Member FDIC <br />128 Grantl Avanue / P.O. Box 597 <br />Paonia, Colorado 61426-0697 <br />Phone: 970-527-4122 / Fex: 970-527-6267 <br />RECEIVED <br />March 1. 1999 <br />Joe Dudash <br />Division of Minerals & Geology <br />1313 Sherman St. Room 215 <br />Denver. CO 80203 <br />RE: Iron Pomt and Elk Creek Tracts Coal Mining <br />Dear Mr. Dudash: <br />MAR 0 4 1999 <br />Division of Minerals & Geology <br />Please accept this letter as our support of Coal Mining in general and in specific the Iron Pomt and <br />Elk Creek projects. Coal mining has had very large economic contribution to our area with relatively low <br />environmental impact. Our area benefits from royalty, property tax, severance tax, grants for school <br />construction and other infrastructure, as well as wages supporting area businesses. There need to be studies <br />of such impact as it relates to our overall economy. <br />Delta County as a whole will benefit greatly from the Iron Point and Elk Creek Tracts being in full <br />production. There needs to be a study of the flow of money from coal mining to Delta County. We believe <br />it is significant. <br />We believe that there will be much adverse effect upon the Noah Fork Valley and Delta County tf <br />coal mining is restricted. It has been around for a long time, and benefited many lives and businesses. <br />Those who have come into the valley in recent years apparently have no respect for the history and <br />established relationshtps, at least those who are now opposing the projects. It is not appropriate Cor a small <br />number of people to dictate to the majority of citizens and businesses that rely upon and have very good <br />relationshtps wtth the coal tndusm~. There needs to be a study of the adverse economic impact to our area <br />tf the mines were not here. <br />Finally, the question remains as to why newcomers did not understand the type of area they were <br />moving to before coming to a coal mining area. The majority of citizens and businesses who have been <br />here for years are comfortable with the coal industry, and its positives far outweigh any negatives. Thank <br />you Cor your kind attention and consideration. <br />Sincere ~~ yC~~i`"-~ <br />GC/ / <br />Clinton W. Booth <br />President & CEO <br />C W B/ija <br />See Us For Al( Your Financial Needs' <br />