No. 39255 (5-year Review): Rule R850-26. Coal Leases

DAR File No.: 39255
Filed: 04/01/2015 09:13:07 AM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Subsection 53C-1-302(1)(a)(ii) and Title 53C, Chapter 2 et seq. authorize the director of the School and Institutional Trust Lands Administration to establish rules for the issuance of leases and management of trust-owned lands and resources.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

No written comments concerning this rule have been received by the agency since the previous five year review.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

This rule is vital to the management of the trust's coal resources and the issuance of leases. It provides the guidelines and procedures to be followed by the agency and third-parties, which are consistent and in the best interests of the trust beneficiaries. Therefore, this rule should be continued.

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

School and Institutional Trust Lands
AdministrationRoom 500
675 E 500 S
SALT LAKE CITY, UT 84102-2818

Direct questions regarding this rule to:

• Thomas Faddies at the above address, by phone at 801-538-5150, by FAX at 801-355-0922, or by Internet E-mail at [e-mail]

Effective:

04/01/2015

Authorized by:

Kevin Carter, Director

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