The Crown and a Waikato iwi have signed a Deed of Settlement that includes $3 million in financial and commercial redress.
Ngati Koroki Kahukura and the Government stamped their mark on the treaty document at Maungatautari Marae near Cambridge on Thursday.
As well as the financial and commercial redress, the settlement package includes an acknowledgement of past grievances, offers an apology and recognises the tribe's connection to their sacred mountain, Maungatautari.
Treaty Negotiations Minister Chris Finlayson says the actions of the Crown led to the economic, social, environmental and cultural degradation of Ngati Koroki Kahukura.
He says the settlement recognises the aspirations of the iwi, and the importance of Maungatautari to the wider community.
As part of the package, the Crown-owned Maungatautari Scenic Reserve is vested back to the Maungatautari Community, which includes Ngati Koroki Kahukura, Ngati Haua and Waikato-Tainui.
But Mr Finlayson says the deed also ensures that all New Zealanders can continue to enjoy the Maungatautari Reserve.
Waipa District Council will continue to manage the reserve.
