2023-05-25_ENFORCEMENT - M1977300

• Permit No: M1977300
• IBM Index Class Name: Enforcement
• Doc Date: 5/25/2023
• Doc Name: Memorandum of Understanding Regarding Interim Funding For Compliance with Schwartz Mine Site
• Media Type: D
• Archive: No

BEFORE THE MINED LAND RECLAMATION BOARD
STATE OF COLORADO
IN THE MATTER OF COLORADO LEGACY LAND, LLC, SCHWARTZWALDER
MINE, AM-6 APPLICATION, PERMIT No. M-1977-300
STIPULATED SETTLEMENT AGREEMENT BETWEEN THE DIVISION
OF RECLAMATION, MINING, AND SAFETY, COLORADO LEGACY LAND,
LLC,AND THE HANOVER INSURANCE COMPANY
THIS STIPULATED AGREEMENT ("Agreement") is made and entered into
by and between the Colorado Division of Reclamation, Mining and Safety
("Division"), Colorado Legacy Lands, LLC ("CLL" or "Operator") and The Hanover
Insurance Company (Financial Warrantor) (jointly referred to as "Parties")
regarding impairment of the financial warranty, default of the performance
warranty and failure to comply with the conditions of the permit. Undersigned
submit this Agreement for consideration and adoption by the Colorado Mined Land
Reclamation Board ("Board") at the April 19, 2023, formal public hearing. In
support of the Agreement, the Parties state the following:
GENERAL FINDINGS OF FACT AND LAW
1. CLL has a 112d-2 designated mining operation permit, M-1977-300, for a
uranium mine known as the Schwartzwalder Mine, located in Section 25, Township
2 South, Range 71 West, 6th Principal Meridian. The approximately 76-acre site is
located in Jefferson County, Colorado.
2. CLL is a Delaware limited liability company in good standing and registered
to conduct business in Colorado. Colorado Secretary of State Business Center
records list the formation date of the company as July 19, 2017. The principal street
address and mailing address location for Colorado Legacy Land, LLC is 333 W
Hampden Avenue Suite 935, Englewood, CO 80110.
3. CLL is an "Operator", as defined by the Colorado Mined Land Reclamation
Act ("Act") C.R.S. Section 34-32-103(10) and Hard Rock Rule 1.1(47), and the
"Permittee", as defined under Rule 1.1(53). As the Operator and Permittee, CLL is
subject to the requirements of the Act, the Rules and the conditions of the Permit.
4. Mineral extraction has not occurred at the Schwartzwalder Mine since 2000,
and the site is in final reclamation. Surface reclamation obligations remain at the
site and generally consists of removing waste rock from the valley floor and
reclaiming the excavated areas to wildlife habitat.