|
U;IITED ST3TE5 $~
<br />C-023703
<br />DE??RT~/IENT OF THE INTERIGR 1 ~"M1f11O°
<br />• BL'RE ~U GF L•~.~VD M1.\'?,GE`~IE.`IT r' "'64''~'r .--•-
<br />lsas~Daie f~ai;h1 3. 1963
<br />COAL LSE RE,~p.JU t!
<br />PART I. LEASE RIGM75 GRANTED
<br />"hie lease, entered inm by and between the Uatrttti $TATrs OF ANCateA, hereinafter railed Inaor, through the Bureau of Iand Management and
<br />Western Fuels-Utah, Inc.
<br />405 Urban Street, Ste. 305
<br />Lakewood, Colorado 80228
<br />hereinafter called lemee, is M~ci¢~-a ~eifeeave March 1, 1993 . for a period of 10 yeah and for so long thereafter ae teal is
<br />produced in tommereiai quantities from the leeaed lands. auojem m readluetmenc of lease terms ac the end of each 10.yenr tease oenoa.
<br />Sec 1. Thu leases readjuatmenc. u uaued punuiiac and subject m the terms and pronaiona of the:
<br />Mineral Laaaa Leaamg Act of 19'_'0. Acc of February S. 19_'0, as amended, it Stat 337. 30 U.S.C. !tl1~:97, hereinafter reiened m as the Act;
<br />^ Mineral Lacing Aet for Acquued Lanes, Att of August 7, 1947, 61 Stat 913.30 U.S.C. 351359:
<br />and to Cite regulations sad formal arden of the Secretary of [he Interior wnich are now oc hereai[er in forte, when not ineonsu[ent with the express
<br />and apeoiie yrovistona henia
<br />Sec. ^ Lmaor, in eonaideration of any nnu. and royalnea m be paid, and the condidona and tovenaau to be observed as herein set forth. hereby
<br />granu to lessee [he exclusive right and privilege m drill for, mme, eztract remove, or otherwae process end dispose o[ the coal depoaca ia, upon.
<br />or under [ha following described feriae:
<br />T. 2 N., R. 101 W., 6th P.M.
<br />sec. 1, lots 3, 4, S~NWti, and SWZ;
<br />sec. 2, lots 1 to 4, inclusive, S'~N`~, and SEZ;
<br />sec. 3, lots 1 to 4, inclusive, S'~N`~, and SWIti;
<br />sec. 4, lots 1 to 4, inclusive, S!~N'~, and S~.
<br />T. 3 N., R
<br />sec. 32,
<br />sec. 33,
<br />sec. 34,
<br />sec. 35,
<br />sec. 36,
<br />101 W., 6th P. M.
<br />S'~SE%;
<br />S`~S'~;
<br />S'~S'~ ;
<br />S~S~ and S'~N~SE%;
<br />S~SWti.
<br />containiag 2597. 2Z aczea, more or less, toga[her with the right to construct such works, buildings, plans, a[rucurea. equipment and appliances
<br />aaa :its ngn[ u use sucn on•ieaaa ngnrsoi• way wnicn may oe necessary and conventenc In [he exercise of the rigors aria privileges granten, auolec: w
<br />We conditions herein provided.
<br />PART II. 7EP.M5 ANO CONOITONS
<br />Sec. L. (al RENTAL RATE • L.asee shall pay lessor rental annually and
<br />In advance for cirri arre or fiaC[lan [hereof during the r0n[1RLLanre 01
<br />the lease ar [he rate of 3 3.00 for each lease year.
<br />Ihr RENTAL CREDITS dental shall not be credited agamac either
<br />proauetion or aavitnce royalties for any year.
<br />See.1 tai PROCUCTION ROYALTIES -The royalty shall he(surfac
<br />12.5 percent and (under round 8 0 ar'
<br />tent of the velus of the coal as set #onh m t~e reguls.ions. Aoyalnaa are
<br />due to lessor the final day o([he muntn aucceeaing the caienaer month
<br />in wnich the royalty obligation accrues.
<br />(bl ADVANCE ROYALTIES -Upon reques[ by the lessee. the au[hoiized
<br />officer may accept, for a total of no[ more than ! 0 years. [ne payment of
<br />aavanee royalnes in lieu of continued operation, consiaeent with the
<br />regutanons. The advance royalty snail be based on a percent of [he
<br />value of a minimum numoer oC tone determined in the manner
<br />eataoliahed by the advance roysl[y regutanons in elites at the rime the
<br />lessee requam approval co pay aavance royamea m lieu of continued
<br />operation.
<br />Sec. 3. BONOS-Lessee shall maintain in theproper of5cealease bond
<br />in ens amount of S 300 , 000 . The auchonzea officer msy req titre an
<br />increase is this emoun[ when additional coverage a aecermined
<br />appropria[e.
<br />Sae. 3. CIUGENCE - This lease is nobles m the conditions of diligent
<br />development and eanctnued operation. except chat cnese conditions are
<br />excused when operactona onset the tease are interrupted by strikes. tilt
<br />eiemenu. or c:tsuatcies not attributable co the lessee. The tensor. In the
<br />publictntereat may ausoendtne conatcion of tonttnued operation coon Y
<br />payment of advance royalties in aeeoroance wi[h [he reguianons In
<br />exisunce at the rime of tits suspension ' --- - J
<br />en-eseset«M~ewnswaa sue mk si LGesariril ----_ .._ ._ _
<br />Theleaaor reservesthe POwer to assent to or or~er the suspension oithe
<br />terms and conditions of this lease in accordance wicn, toter ells.
<br />Section 39 of the Mineral Leasing Act 30 U.S.C. '_'09.
<br />$K. 5. LCGlCAL MINING UNl7 fLMUI - ICither upon approval by [he
<br />lessor of the lessee s application or at the direc[ion of ens lessor, tole
<br />lease shall becomeatlM{laryan of an LMU, au blect to the provisions
<br />sec tonn in the regutanons.
<br />The stipulations established in an L\SL' approval in effect a[ the [ime of
<br />LNU approval will supenerie [he relevant inconsistent [tries of this
<br />lease so long as site lease remains committee w the L\t U. if the LN U of
<br />whicn this lease is a part is dissolved, the lease snail then oe nuolecs m
<br />the iesse terms which would nave bran appiica ii the lease hat not been
<br />inewaed in an L\fU.
<br />
|