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OF'~lp <br />p~ <br />;`'~ ; COLORADO DIVISION OF MINERALS AND GEOLOGY <br />''°'s' 1313 Sherman Street, Room 215, Denver, Colorado 80203, (303) 866-3567 <br />SETTLEMENT AGREEMENT <br />NOV/CO NO.: CV-2002-012 <br />MINE: Chimney Rock Mine <br />PERMITNO.: C-1981-023 <br />OPERATOR/PERMITTEE: <br />Kaiser Ventures, Inc. <br />ATTENTION: Mike Keegan <br />ADDRESS: P.O. Box 37 <br />Desert Center, CA 92239 <br />R <br />~C C~i~~D <br />DATE ISSUED: July 5, ~~ , 8 ~~~? <br />TYPE OF MINE: Surface/Federa~rnera/sdod~oo%gy <br />COUNTY: Archuleta <br />The Division of Minerals and Geology ("the Division") issued a certain Notice of Proposed Amount of Civil <br />Penalty, and the operator requested a conference thereon, as authorized by C.R.S. 1973 34-33-123(8). The <br />requested conference having been held as required by law, on September 24, 2002, the Division and the operator <br />hereby agree as follows: <br />The amount of the penalty shall be $1,000.00; <br />2. The penalty shall be paid to the Division by the operator not later than 30 days from <br />the date this Agreement is signed by all parties; <br />Payment of such penalty by the operator shall constitute a waiver of all further rights <br />to review of such penalty or of the violation on which it is based. <br />This agreement shall not be effective unless signed by the operator within ten days after the closing date of such <br />conference, which date is set forth below opposite the signature of the Conference Officer. <br />If not signed within ten days, the Division will fix the penalty at whatever amount it deems appropriate. The <br />fixed penalty amount will likely be the original penalty assessment, based on the factors referred to in C.R.S. 1973, <br />34-33-123(8)(a). <br />OPERATOR: ~~Kaiser~ V~elntures <br />By ' 1 ~._.1..n ~\ <br />Terry L. Coo F,xec. VP -General <br />DIVISION OF MINERALS AND GEOLOGY: <br />By <br />nference Officer <br />By <br />Division Director <br />DATE: October 10 2002 <br />Counsel <br />DATE: ~~~.~ 3. _ eoo L <br />Penalty Adjustment Reviewed <br />[Rule 5.04.3(4)(c)] <br />CRS 34-33-123(8)(c) and (d) <br />C-NV-OC_C19C1°23 HBR 2WE°9i6 i15B PM <br />