Common Contracts
1 similar Settlement Agreement contracts
SETTLEMENT AGREEMENT AND STIPULATION FOR ENTRY OF ADMINISTRATIVE CIVIL LIABILITY ORDERSettlement Agreement • December 23rd, 2024
The ability of the Discharger to pay an administrative civil liability is generally determined by its income (revenues minus expenses) and net worth (assets minus liabilities). Under the Enforcement Policy, the Combined Total Base Liability Amount may be adjusted to address a discharger’s ability to pay or to continue in business if the Central Coast Water Board has sufficient financial information necessary to assess the discharger’s ability to pay the Combined Total Base Liability Amount or to assess the effect of the Combined Total Base Liability Amount on the discharger’s ability to continue in business. CDCR is a state agency with a budget for fiscal year 2024-2025 of approximately $14.3 billion. The Prosecution Team has no evidence of CDCR’s inability to pay the proposed liability.
