Notice of Proposed Administrative Settlement Agreement for Recovery of Past Response Costs at the North Hollywood Operable Unit of the San Fernando Valley Area 1 Superfund Site in Los Angeles County, California

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In accordance with the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended ("CERCLA"), notice is hereby given that the Environmental Protection Agency ("EPA"), has entered into a proposed settlement, embodied in an Administrative Settlement Agreement for Recovery of Past Response Costs ("Settlement Agreement"), with Honeywell International Inc. Under the Settlement Agreement, Honeywell agrees to pay $11,600,000 to reimburse EPA for costs EPA has incurred at the North Hollywood Operable Unit of the San Fernando Valley Area 1 Superfund Site ("NHOU") and in conjunction with the San Fernando Valley Basin-Wide Remedial Investigation.