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Show DETAILED INFORMATION MINERAL MATERIAL SALE DATE, TIME, AND PLACE: May 8, 1980,2:00 p.m., MDT, Public Room, 14th Floor, University Club Building, 136 East South Temple, Salt Lake City, Utah 84111. AUTHORITY FOR SALE: Actof July 31, 1947 (30 U.S.C. Sees. 601, 602). 43 CFR, Part 3610. TYPE OF BIDDING: Sealed bids followed by oral auction. PLACE AND DATE OF RECEIPT OF SEALED BIDS: Bureau of Land Management, Room 1400, Unviersity Club Building, 136 East South Temple, Salt Lake City, Utah 84111. Bids must be received by 1:30 p.m., May 8, 1980. A bidder must be a U.S. citizen, a partnership, an unincorporated association composed wholly of U.S. citizens, or a corporation authorized to transact business in Utah. BID DEPOSIT REQUIREMENT: A deposit of twenty (20) percent of the total purchase price is required. Deposits may be in the form of cash, money orders, bank drafts, cashier's or certified checks made payable to the Bureau of Land Management, or bid bonds of a corporate surety. The envelope containing the bid must be plainly marked that it is not to be opened before the date and hour of the bid opening and must show that the bid is for material sale U-45859. METHOD OF PAYMENT: The second installment of the bid must be paid prior to removal operations. Remaining installments shall be due and payable without notice whenever the value of the material removed shall equal the sum of the second and subsequent installments paid by the purchaser. The total amount of the purchase price must be paid prior to 60 days before the expiration of the contract. The purchaser shall not be entitled to a refund even though the amount of material removed or designated for removal may be less than the estimated total volume. BOND REQUIREMENT: A performance bond of not less than twenty (20) percent of the total contract price will be required. The performance bond may be a bond of a corporate surety shown on the approved list issued by the U.S. Treasury Department and executed on an approved standard form; or a personal surety bond, executed on an approved standard form by principals and bondsmen capable of carrying out the terms of the contract; or a cash bond; or negotiable securities of the United States. TRESPASS PENALTY: The extraction, severance, injury, or removal of timber or mineral materials from public lands under the jurisdiction of the Department of the Interior, except when authorized by law and the regulations of the Department, is an act of trespass. Trespassers will be liable in damages to the United States, and will be subject to prosecution for such unlawful acts. Published in the Garfield County News April 24 and May 1, 1980. |