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<br />STATE OF COLORADO <br />Roy Romer, Govei <br />DEPARTMENT OF NATURAL RESOURCES <br />MINED LAND RECLAMATION DIVISION <br />FRED R. BANTA, Director <br />SETTLEMENT AGREEMENT <br />Cessation Order No. C-87-044 <br />Notice of Yiolation No. <br />Mine Name: Coal Gulch <br />Permit No.: C-Sa-067 <br />Permittee: Peerless Resources, Inc. <br />Mailing Address: 5528 Indian Rock Road; Salt Lake City, Utah 84117 <br />Operator <br />(If Other than Permittee): <br />Mailing Address: <br />County: La Plata Type of Mine: Underground, Private <br />The Mined 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, the Division and the operator hereby <br />agree as follows: <br />1. The amount of the penalty shall be S 800.00 ; <br />2. The penalty shall he paid to the Division by the operator not later <br />than 30 days from the date hereof; <br />3. 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 hased. <br />This agreement shall not be effective unless s+gned 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 whatever amount it deems appropriate, hased <br />upon the factors referred to in C.R.S: 1973, 34-33-123(8)(dl. <br />DATE; <br />OPERATOR <br />By <br />DATE: January 11, 1988 <br />Penalty Adjustment Reviewed <br />[Rule 5.04.3(4)(c)] <br />C.R.S. 34-33-123(8)(c)(d) <br />423 Centennial Building, 1313 Sherman Street <br />DIVISION OF MINED LAND RECLAMATION <br />By <br />Conference Officer <br />By <br />D vis on Director <br />(Rev. 5/85) <br />Denver, Colorado 80203-2273 Tel. (303) 868-3587 <br />