SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

RULE 23C-2 NOTICE OF INTENTION
TO REDEEM SECURITIES

OF

FIRST TRUST FOUR CORNERS SENIOR FLOATING RATE INCOME FUND
120 East Liberty Drive
Wheaton, Illinois 60187

under the

Investment Company Act of 1940

Investment Company Act File No. 811-21344

The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission that it intends to redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940, and states that it is filing this notice with the Securities and Exchange Commission pursuant to no-action relief granted by the Securities and Exchange Commission staff fewer than 30 days prior to the date set for the redemption.

(1) Title of the class of securities of First Trust Four Corners Senior Floating Rate Income Fund (the "Fund") to be redeemed:

Money Market Cumulative Preferred (MMP) Shares, par value of $.01 per share, liquidation preference of $25,000 per share (the "MMP Shares").

(2) The date on which the securities are to be called or redeemed:

November 5, 2009

(3) The applicable provisions of the governing instrument pursuant to which the securities are to be called or redeemed:

The MMP Shares are to be redeemed pursuant to Part I, Section 3(a)(i) of the Fund's Statement Establishing and Fixing the Rights and Preferences of Money Market Cumulative Preferred Shares, as amended.

(4) The principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:

The Fund intends to redeem all of the outstanding MMP Shares, representing an aggregate principal amount of $1,675,000.

SIGNATURE

Pursuant to the requirement of Rule 23c-2 of the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned, duly authorized in the State of Illinois, on this 9th day of October, 2009.

FIRST TRUST/FOUR CORNERS SENIOR FLOATING RATE
INCOME FUND 

By: /s/ James A. Bowen
 ----------------------------
Name: James A. Bowen
Title: President

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