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Debtor <br />Reorganized Pueblo <br />Railroad Service <br />Company <br />Tvne of Taa <br />Consumer Use <br />County Sales <br />The Reorganized Colorado Consumer Use <br />& Wyoming Railroad Co. County Sales <br />The parties recognize that the Pre-Pet <br />claims for taaes which relate to short <br />petition date of November 7, 1990, and <br />to withdraw any claims with respect to <br />Amount <br />$27,615.00 <br />9.717.00 <br />S:laim No. <br />7-0006 <br />7-0007 <br />$26,197.00 8-0016 <br />410.00 8-0015 <br />$26,607.00 <br />ition Claims include <br />periods after the: <br />the Department desires <br />such short periods. <br />C. The Taapayers have objected to the Pre-Petition <br />Claims and the parties have been engaged in litigation with <br />respect to certain issues involved therein, both in the <br />Bankruptcy Court and in the District Court for the City and <br />County of Denver, Colorado, Civil Action No. 92-CV-6750.. The <br />Order of the Denver District Court dated March 2, 1993 .affirmed <br />the Department's Final Determination with respect to suc;h <br />issues. <br />D. The Department also has administrative claim: <br />against the bankruptcy estates of the Taapayers for the periods <br />terminating March 3, 1993 set forth below (the."Administrative <br />Claims"). The Administrative Claims involve the same is>sues as <br />to the governing Colorado taa law as are involved in the <br />parties' litigation concerning the Pre-Petition Claims. <br />E. Subject to Bankruptcy Court approval, the parties <br />desire to resolve and compromise the Pre-Petition Claims by <br />agreement rather than further litigation, including any appeal <br />by tae Taapayers of the Denver District Court's order dated <br />March 2, 1993. <br />F. Taapayers and certain other subsidiaries of CF&I <br />filed a First Amended and Restated Joint Plan. of Reorganization <br />(the "Plan") dated December 1, 1992, which was confirmed by the <br />Bankruptcy Court by Order dated February 12, 1993. <br />In light of the recitals and in consideration of the <br />mutual agreements set forth below, it is agreed by and among <br />the parties as follows: <br />1. In full settlement and compromise of all of the <br />Pre-Petition Claims, the Department shall have an Allowed Taz <br />- 2 - <br />