Prospective Purchaser Agreement and Covenant Not To Sue Under the Comprehensive Environmental Response, Compensation, and Liability Act Regarding the Mechanic Street Realty Corporation Superfund Site, Perth Amboy, NJ

摘要

In accordance with section 122(i) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended (``CERCLA''), 42 U.S.C. 9601, et seq., the U.S. Environmental Protection Agency (``EPA'') announces a proposed administrative settlement with the City of Perth Amboy, New Jersey (``City''), a ``prospective purchaser'' of the Mechanic Street Realty Corporation Superfund Site (``Site'') in Perth Amboy, New Jersey. The proposed administrative settlement is memorialized in an Agreement And Covenant Not To Sue (``Agreement'') between EPA and the City. By this Notice, EPA is informing the public of the proposed settlement and of the opportunity to comment. EPA performed a CERCLA removal action at the Site, a vacant four- acre former industrial complex, in 1997-1998 after investigations revealed the presence of hazardous substances. EPA stabilized and disposed of hazardous substances in tanks and containers at the Site to reduce the threat of release and the potential for exposure through direct human contact and on-site releases. The City designated the Site as part of its ``Focus 2000'' redevelopment program in 1997. Once it has acquired the Site, the City i