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STATE OF COLORADO <br />MINED LAND RECLAMATION DIVISION aF ~o~ <br />Department of Natural Resources ~~; _ Jyzo' <br />7373 Sherman St., Room 215 0 <br />Denver, CG 80203 •+±+'~~ ~ <br />303 8663567 'yg fie' <br />FA%:303 832-8706 <br />Roy Romer, <br />Governor <br />Fred R. Baniz, <br />SETTLEMENT AGREEMENT Division Director <br />Cessation Order No. Notice of Violation No. C-91-O10 <br />Mine Name: La Plata Permit No.: C-87-072 <br />Permittee: First National Bank of Florence <br />Mailing Address: 101 East Main Street <br />Florence, Colorado 81226 <br />Operatcr <br />(If Other than <br />Flailing Address <br />Permittee): Same <br />Same <br />County: La Plata <br />Type of Mine: Underground/Federal <br />The 14ined Land Reclamation Division ("the Division") issued a certain Notice <br />of Proposed Amount of Civil Penalty, and the operator requested a conference <br />thereon, as authorized by C.R.S. 1973, 34-33-123(8). The requested conference <br />having been held as required by law, on November 26, 1991, the Division and <br />the operator hereby agree as follows: <br />The amount of the penalty shall be 51,000.00; <br />The penalty shall be paid to the Division by the operator not later <br />than 30 days from the date hereof; <br />Payment of such penalty by the operator shall constitute a waiver <br />of all further rights to review of such penalty or of the violation <br />on which it is based. <br />This agreement shall not be effective unless signed by the operator within ten <br />days after the closing date of such conference, which date is set forth below <br />opposite the signature of the Conference Officer, If not so signed, the <br />Division will fix the penalty at 7•~hatever amount it deems appropriate, based <br />upon the factors referred to in C. R.. S. 1973, 34-33-123(8>(d). <br />DATE: <br />OPERATOR <br />By <br /> <br />Penalty Adjustment Reviewed <br />[Rule 6.04.3(4)(c)7 <br />C.R.S. 34-33-123(8>(c>(d) <br />DIVISIO OF MINED LA~ND/RECL/A/MATRON// <br />BY_ _ .~iirii ~7 lC~~-C-~~ <br />-~--="" ~'~onference Officer <br />By // <br />Division Director <br />9665E <br />