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~ TP4~ENT OF Jti~yR <br />9p_ <br />'~ 9 <br />. « aao . <br />~xaa <br />w xrai.r xerex To <br />United States Department of the Interior <br />BUREAU OFLAND MANAGEMENT <br />Colotvdo State. Oftice <br />2850 Ynun~eld Street <br />Lakewood, Colorado 60215-7093 <br />III IIIIIIIIIIIIIIII <br />999 <br />axnwrtoix,~nrox <br />i Tl~ <br />www.co.blm.gov <br />+~ECEIVEL7 <br />AU6 162001 <br />CertiSed Mail <br />National King Coal, LLC <br />P.O. Box 2905 <br />Durango, Colorado 81301 <br />~)ivision or Minerals & Geology <br />Decision <br />Lease Terms and Conditions Readjusted <br />CO-933(KP) <br />3451 <br />C-29125 . <br />Coal <br />AUG 15 2001 <br />Coal lease C-29125 was issued effective November 1, 1981. The lease was moditied in 1989, and ] 997. <br />It becomes subject to readjustment of its terms and conditions on November 1, 2001. <br />Notice of intent to readjust coal lease C-29125 was sent to the lessee, National King Coal, LLC, on <br />November 1, 1999. This action has been reviewed for rpnformance with the Bureau of Land <br />Management's public land health standards adopted February 12, 1997. The readjustment will rna <br />adversely affect achievement of the public land health standazds. As provided in the Mineral Leasing <br />Act of 1920, as amended (41 Stat. 437, 30 U.S.C. 181 eI SeQ.), and the regulations at 43 CFR 3451, we <br />aze hereby readjusting the terms and conditions of the lease. A copy of the lease is enclosed. The <br />readjusted terms and conditions shall become effective November 1, 2001. <br />The annual rental remains at $3 per ac7e or fraction thereof as provided in the current lease. The royalty <br />rate shall remain at 8.0 percent of the value of the coal removed from an underground none as described <br />in the readjusted lease. The value of the coal shall be determined in accordance with the regulations. <br />The adequacy of the lease bond is reviewed periodically and adjusted when necessary [o reflect changed <br />conditions. The required bond amount remains at $5,000. <br />Payments of rentals and royalties must be submitted to the Minerals Management Service in accordance <br />with that agency's regulations in Title 30, Code of Federal Re ations. [n accordance with the <br />regulations at 43 CFR 3451.2(b) and (e), this decision constitutes the final action of the Bureau of Land <br />Management on all the provisions contained in the readjusted lease. The effective date of the readjusted <br />lease shall not be affected by the filing of any appeal of, or subsequent civil suit regarding, any of ate <br />readjusted terms and conditions. <br />Within 30 days of receipt of this decision, you have the right of appeal to the Board of Land Appeals, <br />Office of the Secretary, in accordance with the regulations at 43 CFR 4.400. If an appeal is taken, the <br />procedures outlined in the enclosed form CSO 1840-6, Information on Taking Appeals to the Board of <br />