$60 Million Settlement Reached Over Superfund Site

$60 Million Settlement Reached Over Superfund Site

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SALT LAKE CITY (AP) -- The Environmental Protection Agency and a mining company have reached a 60 (M) million dollar agreement for cleanup in the historic mining town of Eureka, Utah.

Chief Consolidated Mining Company will pay the government 15 percent of its net income above two (M) million dollars per year, according to the agreement filed in court yesterday.

The company also will provide soil and fill material to help affected homes and businesses and to cap mine waste piles at the Juab County site.

The E-P-A says the agreement is designed to recover some costs, but not bankrupt the company.

State and federal environmental regulators in 2000 found high levels of arsenic and lead in the yards of 450 of Eureka's 600 homes. The homes' owners had used contaminated dirt from mine dumps for landscaping.

(Copyright 2005 by The Associated Press. All Rights Reserved.)

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