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DECISION <br />iiiiiiiiiiiniiiiii <br />999 <br />CO-921 B(KP) <br />3425 <br />COC 53510 <br />Coal ~~ <br />~/ <br />0 CT 1 S 1992 <br />Somerset Mining Company <br />P.O. Box 535 <br />Somerset, Colorado 81434 <br />Bond Accepted: Coal Lease Issued <br />On July 30, 1992, Somerset Mining Company submitted the high bid at the competitive coal <br />lease sale for 1339.56 acres identified as serial number COC 53510. As conditions for lease <br />issuance, Somerset Mining Company, (1) executed four copies of lease COC 53510, <br />(2) submitted the first year's rental, (3) submitted a payment for advertising the coal sale, <br />and (4) submitted a photo copy of the check paid to National Fish and Wildlife Foundation to <br />cover the water depletion charge. <br />A Personal Bond and Power of Attorney form was filed on October 9, 1992. The bond is <br />secured through a U.S. Treasury Note having a current value of $210,000. This negotiable <br />security matures on July 31, 1997. After the maturity date, the bond will be held without <br />further interest payments to the obligor. Anew replacement bond must be accepted before <br />the proceeds of the matured security can be transferred to the obligor's bank. The personal <br />bond is accepted effective November 1, 1992, the effective date of the lease. <br />All statutory and regulatory requirements having been met, coal lease COC 53510 is hereby <br />issued to Somerset Mining Company effective November 1, 1992. A copy of the executed <br />lease is enclosed. <br />Enclosure <br />Coal Lease COC 53510 <br />• <br />United States Department of the Interior <br />BUREAU OF LAND AfANACE~tENT <br />COLORADO STATE OFFICE <br />?850 1'OL'NGFIEI_D STREET <br />LAKEN'OOD. COLORADO 80?15-1076 <br />I/ j tr <br />' Bob Moore ~ ~:; <br />:Associs~ State Director <br />~~, . <br />f1 <br />i . <br />w~ <br />