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NOTICE OF TERMINATION OF RECLAMATION OBLIGATION <br />Mid-Continent Resources, Ina (MCR) held a mining and reclamation permit (No. C-81- <br />017) to operate the Coal Basin Mine located west of Redstone in Pitkin County. The <br />Coa] Basin Mine consisted of five separate underground mines, a rock tunnel entry, a <br />preparation plant, two coal waste piles, one development rock waste pile, an extensive <br />road system, and numerous ancillary facilities. <br />MCR filed a petition in bankruptcy in 1992. The Colorado Mined Land Reclamation <br />Board revoked MCR's operating permit and forfeited MCR's reclamation bond in 1993. <br />The Division of Minerals and Geology (Division) acquired funds to conduct reclamation <br />of the Coal Basin Mine from MCR's bankruptcy proceeding and a subsequent District <br />Court action. The District Court action (Board of County Commissioners v. Mid- <br />Continent Resources, Inc v. MidCon Realty, LLC. v. State of Colorado; 97 CV 131-1), <br />(Pitkin County District Court), resulted in a Settlement Agreement which, consistent with <br />the statutory reclamation requirements of the Colorado Surface Coal Mining Reclamation <br />Act, specified the reclamation activities that the Division would undertake on property <br />owned by MidCon Realty, LLC. The specific description of the MidCon Realty property <br />which was attached to the Settlement Agreement is attached to this Notice. <br />The Division has completed the reclamation tasks described in the Settlement Agreement. <br />The Division hereby gives notice, in accordance with the District Cour[ action, that no <br />further reclamation obligation due to past mining operations exists on the MidCon Realty <br />property described in the attachment to this Notice. No additional reclamation related <br />tasks will be undertaken by the Division on that property. <br />o ,- <br />i`J <br />~y f -_ <br />N ~~~ <br />ichael B. Directo _ <br />Division of Minera s eology <br />y'1, -_ <br />March to 2002 '~~ <br />Subscribed and sworn to before me in the County of ~.`ilp ,State of Colorado, this ~ day of <br />M ~R~ µ 2000 <br />~.~ ~~ <br />N ARY PUBLIC <br />My Commission expires: <br />~uNZ 3, 2GY?~ <br />~- <br />1111111 11111 111111 IIII 111111 IIIII f IIIII III IIIII III IIII O 465388003 <br />---~ <br />40P <br />~,~, <br />;~' . <br />~':-__ <br /> <br />