Proposed CERCLA Administrative Cost Recovery Settlement Agreement; AVX Corporation

Riepilogo

In accordance with section 122(i) the Comprehensive Environmental Response, Compensation, and Liability Act, as amended ("CERCLA"), 42 U.S.C. 9622(i), notice is hereby given of a proposed administrative settlement for recovery of projected future response oversight costs and performance of work concerning the Aerovox Site located at 740 Belleville Avenue in New Bedford, Bristol County, Massachusetts with AVX Corporation. The settlement provides for the performance of a portion of a non-time critical removal action, pre- payment of future response oversight costs, payment for long-term care of the Site and implementation of deed restrictions at the Site. The settlement also compromises the claim for past costs. In addition, the settlement includes a covenant not to sue the settling party pursuant to section 107(a) of CERCLA, 42 U.S.C. 9607(a) conditioned upon the satisfactory performance of its obligations under this settlement agreement. For thirty (30) days following the date of publication of this notice, the Agency will receive written comments relating to the settlement agreement. The Agency will consider all comments received and may modify or withdraw its consent to the settl