Oil Firm Buys 480 Acres for Tribe in Settlement
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From Times Wire Reports
Arco has purchased 480 acres in the Sierra Nevada for the Washoe Tribe as part of a settlement over pollution from an abandoned sulfur mine in rural Alpine County.
The settlement with the U.S. Environmental Protection Agency resolves Arco’s liability for failing to prevent ponds of acid mine drainage at Leviathan Mine from spilling over and contaminating the Carson River watershed in 1998.
The property, purchased for $720,000, is north of Stampede Reservoir in Sierra County.
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