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of Woodland Park, Victor, and the City. CC&V is committed to continuing this community support at a <br />reasonable and feasible level. <br />6. Restoration and/or relocation of antiquities. CC&V has developed extensive plans with the Southern <br />Teller County Focus Group ("STCFG") to conserve historic resources during its existing activities and for <br />activities to occur under the Application to the extent feasible. It is CC&V's intent to share with the City, at <br />a time mutually acceptable to the Parties, its plans for any given antiquity located on the private property of <br />CC&V. CC&V acknowledges that mining antiquities are an integral part of CC&V's history, as well as that <br />of Teller County, and will work to preserve structures, headwork's and equipment consistent with its plans <br />and finances to the extent feasible, and to the extent that the fragile structures can be moved or stabilized. <br />CC&V will consider giving the City a right of first refusal to acquire and relocate at the City's sole expense <br />any antiquity that CC&V determines will otherwise not be salvaged. <br />7. Noise Mitigation. The Application as submitted contains a detailed discussion of noise monitoring <br />and compliance with applicable noise level standards. CC&V has the necessary experience and means to <br />comply with these noise standards as it has over the last 15 years. To the extent the City desires further <br />updates of the Application dealing with noise and noise mitigation, CC&V agrees to meet with the City to <br />further explain and discuss CC&V compliance. <br />8. Water. The Parties acknowledge and agree that the City currently has available water supplies in <br />excess of those necessary to serve its existing population and development, and that CC&V desires to obtain <br />the use of additional water supplies to support its mining operations. The City acknowledges that <br />development costs may need to be incurred by the City to develop the infrastructure necessary to sell and <br />pump these additional water supplies to CC&V, and CC&V acknowledges an intent to consider paying for <br />some or all of those costs. As such, it is the Parties' intent to enter into negotiations for the purchase of <br />additional water from the City by CC&V, such negotiations to include discussion regarding CC&V's <br />assistance with development or infrastructure costs. <br />9. Post-Closure Plan. CC&V intends to continue its discussions with the STCFG, the City, and <br />others regarding post-closure reclamation, recognizing that reclamation and the control/release of <br />CC&V-posted reclamation and closure financial warranties are the sole jurisdiction of the State. <br />10. Air Quality. The Application as submitted contains a detailed discussion of air quality permitting and <br />compliance with federal and state applicable air quality standards. CC&V has the necessary experience and <br />means to comply with these air standards as it has for the past 15 years. To the extent the City desires further <br />updates of the Application dealing with air quality standards and mitigation, CC&V agrees to meet with the <br />City to further explain and discuss CC&V compliance. <br />11. Quarterly Meetings. CC&V agrees to meet with and brief the City Council on a quarterly basis <br />once CC&V initiates mining activities in the North Cresson mine view shed area. <br />12. Withdrawal of comment letters. Upon execution of this Memorandum by both Parties, the City <br />shall immediately formally withdraw its comment letters to CC&V's Application, based on upon the good <br />faith understanding that the Parties have addressed the issues raised and that mitigation proposed herein will <br />benefit the Party's concerned, and shall advise both Teller County and DRMS of such withdrawal.