Notice of Coal Lease Re-Offering By Sealed Bid; COC 54608

概要

Bureau of Land Management, Colorado State Office, Lakewood, Colorado, hereby gives notice that certain coal resources in the lands hereinafter described in Routt County, Colorado, will be re-offered for competitive lease by sealed bid in accordance with the provisions of the Mineral Leasing Act of 1920, as amended (30 U.S.C. 181 et seq.). On August 18, 1995, these resources were re-offered for competitive lease by sealed bid to the highest qualified bidder provided that the high bid met the fair market value of the coal resources as determined by the authorized officer after the sale. Cyprus Western Coal Company was the only bidder. The bid did not meet the fair market value established for this tract. Therefore, the bid was rejected and the tract is being re-offered. A third sale was scheduled for November 16, 1995; however, due to the federal employee furlough, the sale is rescheduled.