Pennsylvania Game Commission

Deep-Mining Lease Near Latrobe Approved by Board; Land Exchange Approved by Board; Settlement Nets Agency 1,100 Acres in Monroe County; Board Approves 397-Acre Addition to SGL 317 in U

Published in Healthcare Finance, Tax and Law Weekly, February 11th, 2009

The Pennsylvania Board of Game Commissioners today approved a 25-year lease with the Kingston Coal Company, of Wexford, to deep-mine the agency's holdings in the Freeport coal seam -- an estimated seven million tons -- from an about 1,500-acre coal reserve deeded in 1969 to the agency as a gift from the Loyalhanna Coal and Coke Company, of Loyalhanna.

The Game Commission does not have any surface ownership of land above the reserve, which is located near Latrobe. All mining will be regulated by the state's coal and underground mining regulations and the agency's standard deep-mine lease agreement. Lease royalty payments paid to the Commission will be at the rate of 6...

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Source: Healthcare Finance, Tax and Law Weekly (2009-02-11)

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