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State Reg. <br /> 2.03.7(2) LEGAL AND FINANCIAL COMMITMENTS. Peabody Coal Company entered <br /> into a Coal Supply Agreement with Colorado-Ute Eltctric <br /> Association, Inc. on December 9, 1974. By this agreement, <br /> Peabody Coal Company has agreed to sell Colorado-Ute 1 ,500,000 <br /> tons of coal , an option to buy an additional 500,000 tons over <br /> the life of this contract. The total contractual obligation <br /> was 2,000,000 tons. <br /> In 1983, Nucla Mine went into temporary cessation when the <br /> Colorado-Ute Nucla Station was shut down. With the retrofit of <br /> the Nucla Station to a fluidized bed combustion process , <br /> Colorado-Ute is letting bids for coal supply, which Peabody <br /> Coal Company is actively pursuing to supply from the Nucla <br /> Mine. <br />