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~~~~~; 111IIllllllllllllll B COLORADO DIVISION OF MINERALS AND GEOLOGY .\. 1B" ~ 1313 Sherman Street, Room 215, Denver, Colorado 80203, (303) 866-3567 SETTLEMENT AGREEMENT NOV/CO NO.: CO-2001-015 RECEIVED MINE: Lorencito Canyon Mine DATE ISSUED: November 7, 2001 PERMIT NO.: C-1996-084 JAN 2 2 2002 TYPE OF M]NE: Surface/Non-Federal OPERATOR/PERMfITEE: COUNTY: Las Animas Division of Minerals b Geotogv Lorencito Coal Company, LLC ATTENTION: Bruce Addington ADDRESS: 2000 Highway 12 Weston, CO 81091 The Division of Minerals and Geology ("the Division") issued a certain Notice of Proposed Amount of Civil Penalty, and the operator requested a conference thereon, as authorized by C.R.S. 1973 34-33-123(8). The requested conference having been held as required by law, on January 7, 2002, the Division and the operator hereby agree as follows: 1. The amount of the penalty shall be $500.00; 2. The penalty shall be paid to the Division by the operator not later than 0 da s from the date this Agreement is signed by a[I parties; 3. Payment of such penalty by the operator shall constitute a waiver of all further rights to review of such penalty or of the violation on which it is based. This agreement shall not be effective unless signed by the operator within ten days after the closing date of such conference, which date is set forth below opposite the signature of the Conference Officer. If not signed within ten days, the Division will fix the penalty at whatever amount it deems appropriate. The fixed penalty amount will likely be the original penalty assessment, based on the factors referred to in C.R.S. 1973, 34-33-123(8)(a). OPERATOR: ~'7c~ c. ('~ (~ -~ Pti c.ct °~ DATE: t ~ ~ ~D 2 c' DNISI N OF MINERALS AND GEOLOGY: o etence Officer By Division Director DATE: Zoo Penalty Adjusvnent Reviewed (Rule 5.04.3(4)(c)] CRS 34-33-123(8)(c) and (d) C~NVU1/~C199W~ IUG1W1°II! 10119 AM