Rialto Reimbursement

[Lenny Siegel <lsiegel@cpeo.org>]

Your free subscription is supported by today's sponsor:
-------------------------------------------------------------------
Get a Great Credit Card for You Today 
You can find a credit card to fit your credit needs.  
All types of credit cards -- 0% APRs, Rewards, & Bad Credit.
http://click.topica.com/caacpgdaVxieSa8wsBba/411Web
-------------------------------------------------------------------

Rialto Land Cleanup Payment Set

The deal over a former weapons site calls for partial reimbursements
from landowner, Target.

By Janet Wilson
Los Angeles Times 
June 30, 2004

A portion of the $3 million the federal government spent decontaminating
a former weapons site in Rialto will be reimbursed by the landowner and
Target, allowing the retailer to build a major distribution center,
federal regulators announced Tuesday.

The agreements, announced by the U.S. Justice Department and
Environmental Protection Agency and subject to final approval, require
the current landowner, Intercoastal LLC of Long Beach, and Target to pay
a total of about $970,000.

It remains unclear whether the federal government will ever be
reimbursed for the remaining $2.3 million in cleanup costs, said Mark
Merchant, spokesman with the EPA's western regional office in San Francisco.

"As time goes on, hopefully we'll be able to recover more costs from the
responsible parties," Merchant said.

Intercoastal would pay $640,000 from proceeds of a planned $1.8-million
sale of the property to Target, said EPA attorney Thann Cox. Target
would conduct some additional tests, pay as much as $330,000 in cleanup
costs and be released from future liability by the federal government.

...

for the entire article, see
http://www.latimes.com/news/science/environment/la-me-superfund30jun30,1,5066204.story?coll=la-news-environment 

-- 


Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

Your free subscription is supported by today's sponsor:
------------------------------------------------------------------
Get a FREE Mortgage Quote from Mortgage War. Simple application 
for mortgage information. If you're ready to get a quote click 
now!
http://click.topica.com/caacpgiaVxieSa8wsBbf/411Web
------------------------------------------------------------------

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
CPEO: A DECADE OF SUCCESS.  Your generous support will ensure that our 
important work on military and environmental issues will continue.  
Please consider one of our donation options.  Thank you.
http://www.groundspring.org/donate/index.cfm?ID=2086-0|721-0