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<br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Depanment of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 <br />Phone: (3031 866-3567. <br />FA%: (3031 832-8106 <br />Cessation Order No. <br />SETTLEMENT AGREEMENT <br />Notice of Violation No. C-93-011 <br />OF e~0 <br />1~ 4 <br />M: <br />~ r896 ~ <br />Roy Ramer <br />Governor <br />Michael B.LOng <br />Division Director <br />Mine:New Elk Mine Permit No. C-89-074 <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 Mined Land Reclamation Division ("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 June <br />18,1993, the Division and the operator hereby agree as follows: <br />1. The amount of the penalty shall be $750.00 <br />2. The penalty shall be paid to the Division by the.operator not <br />later than 30 days from the date thereof; <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 />DATE: <br />Operator <br />by <br />.I DIVISION OF MINERALS AND GEOLOGY <br />DATE: ~II7I ~`~ By ~h-~- <br />ence Officer <br />Penalty Adjustment Reviewed By <br />[Rule 5.04.3(4)(c)] Division D rec <br />C.R.S. 34-33-123(8)(c)(d) <br />