EPA v. COMMERCIAL DECAL, INC. PROPERTY

Case summary

AGREEMENT AND COVENANT NOT TO SUE CITY OF MOUNT VERNON, NEW YORK PROSPECTIVE PURCHASER AGREEMENT **** SETTLEMENT OF $283,050.45 INCLUDES $10,886.56 FOR COVENANT-NOT-TO-SUE CONSIDERATION AND $272,163.89 FOR COST RECOVERY / DROPPING OF COMPETING BANKRUPTCY CLAIM. CITY OF MT. VERNON WILL TAKE TITLE TO ABANDONED PROPERTY AND RETURN IT TO BENEFICIAL USE. WITHOUT THIS AGREEMENT, THE CITY WOULD NOT HAVE GONE FORWARD WITH ITS PURCHASE OF PROPERTY. BECAUSE OF POTENTIAL SUPERFUND LIABILITY, NO OTHER BUYERS WERE INTERESTED IN TAKING TITLE.

Defendants (1)

• MOUNT VERNON, CITY OFNamed in complaintNamed in settlement

Facilities (1)

• COMMERCIAL DECAL INC

  650 S COLUMBUS AVENUE, MOUNT VERNON, NY, 10550

  Registry ID: 110000876678

Statutes cited

• CERCLA 122H — Administrative Cost Recovery Settlement

Enforcement conclusions (1)

• THE COMMERCIAL DECAL, INC. PROPERTYentered 1997-07-15

  Primary law: CERCLA

Timeline (4 milestones)

• 1997-06-20Complaint Filed/Proposed Order
• 1997-07-15Final Order Issued
• 1997-07-15Enforcement Action Closed
• 2000-11-03Enforcement Action Data Entered