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Mr. Steven G. Renner <br />operation was sold. Faced with the possibility of forfeiting what may be an <br />inadequate amount of bond, I find that your agency did not abuse its discretion under <br />the Colorado program by executing the settlement agreement to in part address the <br />bond issue. Moreover, the issue of bond value may be moot since I understand that <br />after submission of your request for informal review, the permittee filed for <br />bankruptcy, thus affecting the ability to provide additional performance bond. <br />Based on the foregoing, I hereby reverse the determination of the AFO Director. <br />cc: Powderhorn Coal Company <br />P.O. Box 1430 <br />Palisade, Colorado 81526 <br />Robert H. Hagen <br />Director, Albuquerque Field Office <br />Nina Rose Hatfield <br />Assistant Deputy Director <br />Operations and Technical Services <br />Sincerely, <br />Raymond Lowrie <br />Assistant Director, Western Support Center <br />Carl C. Close <br />Assistant Director, Eastern Support Center <br />Joel Yudson <br />Assistant Solicitor, Regulatory Programs <br />Hord Tip p 6n <br />`Deputy Director <br />Operations and Technical Services <br />