The settlement will provide important funding at a time when resources for State programs are scarce." Premcor previously owned the 79 sites prior to transferring them to a company that subsequently went insolvent. Premcor has now agreed to provide these funds to close out the environmental cleanup at the sites. EGLE will receive payments from Premcor over the next year and will use the money to benefit and protect the public health and environment for the people of Michigan and those who visit the state. "This settlement ensures compliance with our laws and resolves outstanding environmental compliance concerns at numerous identified sites throughout Michigan, as well as providing additional funding for the State to use in its ecological programs," Nessel said. "Michigan's natural resources are valuable assets to the state and its residents, and we must ensure that those assets are not compromised by contamination. This agreement is a positive step forward for the environmental health of our state."