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<br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Depanmenl of Natural Resources <br />1713 Sherman 51., Room 215 <br />Denver, Colorado 80203 <br />Phone:(3031866-7567 <br />FAX: (703) 832-8106 <br />Cessation Order No. <br />SETTLEMENT AGREEMENT <br />I~~~~ <br />DEPARTMENT C <br />NATURA <br />RESOURCE <br />Ray Romer <br />Governor <br />lames 5 Lxhhead <br />Eaecmive Dvedor <br />Notice of Violation No. C-94-018 Mfcnae~B. Long <br />Division Dirxior <br />Mine:New Elk Permit No. C-81-029 <br />Permittee: Basin Resources. Inc. <br />Mailing Address: 14300 Highway 12, Weston. CO 81091 <br />Operator: (If other than Permittee): <br />Mailing Address: <br />County: Las Animas Type of Mine: Underground/Private <br />The Division of Minerals and Geology ("The Division") issued a certain <br />Notice of Proposed Amount of Civil Penalty, and the operator requested <br />a conference thereon, as authorized by C.R.S. 1973, 34-33-123(8). <br />The requested conference having been held as required by law, on <br />October 5. 1994, the Division and the operator hereby agree as follows: <br />1. The amount of the penalty shall be $1550.00 <br />2. The penalty shall be paid to the Division by the operator not <br />later than 30 days from the date this agreement is signed by <br />all parties; <br />3. Payment of such penalty by the operator shall constitute a <br />waiver of all further rights to review of such penalty or of <br />the violation on which it is based. <br />This agreement shall not be effective unless signed by the operator <br />within ten days after the closing date of such conference, which date <br />is set forth below opposite the signature of the Conference Officer. <br />If not so signed, the Division will fix the penalty at whatever amount <br />it deems appropriate, based upon the factors referred to in C.R.S. <br />1973, 34-33-123(8)(d). <br />.~] ~:4:7:V i~7:ia <br />DATE: <br />By: <br />DIVISION OF MINERALS AND GEOLOGY: <br />DATE: <br />/a~i~/9~ By <br />Penalty Adjustment Reviewed By <br />IRub 5.04.31411011 <br />C.R.S. 3 4-3 3-1 2 3181 Iclldl <br />