Notice of Proposed Prospective Purchaser Agreement Pursuant to the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as Amended by the Superfund Amendments and Reauthorization Act, Wellington Neighborhood Property, French Gulch/Wellington-Oro Site

Zusammenfassung

Notification is hereby given of a Proposed Prospective Purchaser Agreement (PPA) associated with the Wellington Neighborhood Property near the French Gulch/Wellington-Oro Site, Summit County, Colorado. This Agreement is subject to final approval after the comment period. The Prospective Purchaser Agreement would resolve certain potential EPA claims under sections 106 and 107 of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 as amended by the Superfund Amendments and Reauthorization Act of 1986 (CERCLA), against Brynn Grey V LLC. and Wellington Neighborhood, LLC., the prospective purchasers (the purchasers). The settlement would require the purchasers to cover and maintain areas of the property containing elevated levels of metals. The purchasers intend to develop the property for deed restricted affordable housing consistent with a master plan approved by local authorities. The purchasers will regrade areas disturbed by historical placer mining, will provide EPA with access to the property, will allow the use of a motion of the property for construction of response actions, if necessary, and will deposit funds for the purchase of the property into