Questions Concerning Proposed Utah Power and Light Company Coal Lease Exchange
EMD-81-70
Published: Apr 02, 1981. Publicly Released: Apr 02, 1981.
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Highlights
In reviewing the proposed Utah Power and Light Company coal lease exchange, which involves the relinquishment of preference right lease applications, GAO expressed concern as to: (1) the validity of the lease applications themselves; (2) the lack of data, particularly on coal reserves, for making the required equal value determination; and (3) the effect that giving over highly desirable coal lands in central Utah would have on opportunities for competitive leasing in the area.
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