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iii iiiiiiiiuiuiii <br />999 <br />Paonia 5ta#e Bank <br />Your Hind of Hank <br />Member FDIC <br />128 Grantl Avenue / P.O. Box 597 <br />Paon~a. Coloratlo 81429.0597 <br />Phone: 970-527.4722 / Fax: 970-527-6267 <br /> <br />March 1, 1999 <br />Joe Dudash <br />Divlston of Minerals & Geology <br />1313 Sherman St. Room 215 <br />Denver, CO 80203 <br />RE: Iron Point and Elk Creek Tracts Coal Mining <br />Dear Mr. Dudash: <br />~A~ 0 a 1999 <br />Division of Miner2ls ~ Cecicg•• <br />Please accept this letter as our support of Coal Mining in general and in specific the Iron Point and <br />Elk Creek projects. Coal mining has had very large economic contribution to our area with relatively low <br />envvonmental impact. Our area benefiu from royalty, property tax, severance tar, 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 [o 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 if <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 relationships, at least those who are now opposing the projects. It is no[ appropriate for a small <br />number of people to dictate to tht majority of citizens and businesses that rely upon and have very good <br />relationships with the coal industry. There needs to be a study of the adverse economic impact to our area <br />i(the mines were not here. <br />Finally, the question remains as [o why newcomers did not understand the type of area [hey 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 comforable with the coal indts;r~, and its pc.:nives far oc>..eig:; ,,::~ ra ~ti~:;. : zan:: <br />you for your kind attention and consideration. <br />Si~ly„ ~ <br />~ ~r'L~ ~i71 <br />Clinton W'. Booth <br />President & CEO <br />CWB/ija <br />'See Us For ALI Your Financial Nzeds' <br />