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� y <br /> Mr. Steven G. Renner 2 <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 /> Sincerely, <br /> f. l� <br /> W. ord Tip n <br /> eputy Director <br /> Operations and Technical Services <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 /> 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 />