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MAR-06-2002 10:54 FROM-DOL NATURAL RESOURCES 3038663558 T-515 P.003/004 F-617 <br /> NOTICE OF TERMINATION OF RECLAMATION OBLIGATION <br /> Mid-Continent Resources,Inc. (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 /> Coal 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 rBoard of County commissioners 7 C i 31-1), <br /> Continent Resources Inc v. MidCon Real LLC.v_ State e Colorado; <br /> (pitkin County District Court),resulted ua 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 Court action,that no <br /> funher reclamation obligation due to past mining operations exists an the MidCon Realty <br /> property described in the attachment to This Notice. No additional reclamation related <br /> tasks will be andertaken by the Division on that property- <br /> ichael B. Directo <br /> Division of Miner s eology <br /> yL, <br /> March lv , 2002 <br /> Subscribed and sworn to before me in The County of <br /> STmte of Colorado,this day of <br /> f µ 2- <br /> 200R. <br /> 4NAjKya7PLUM'BL1C <br /> Ivry Commission expires: <br /> !1L.Ne S. -)'Co <br />