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HomeMy WebLinkAbout1999-03-10 99-127 ORDERCOUNCIL ACTION
Item No. 99-127
Date March 10, 1999
Item/Subject Authorizing the City Manager to Execute Settlement
Documents -- Portland -Bangor Waste 011 Company,
Wells, Maine Site
Responsible Department: Legal
This Order would approve the execution of settlement documents for
the Portland -Bangor Waste Oil Company, Wells, Maine Site. They
include a. Consent Decree which provides, among other things, for a
release of liability and aant not to sue. Also included is a
Site Responsibility and Indemnity Agreement which provides that
environmental compliance liability for the site will be transferred
to TRC and that INC will indemnify the City against possible future
environmental costs and claims (other than bodily injury) of third
parties. The final document is an Escrow Agreement set up to
collect PRP settlement payments.
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Department Head
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Associated Information: o„jiq,
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First Reading
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Legal
Approval:
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Passage
First Reading
Referral Page of
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Amtred to Coundoe Blanchette Horeb 10. 1999
v5 _ CITY OF BANGOR
Authorizing City Manager to Execute Settlement
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Documents -- Portland -Bangor Waste oil company, Wells, Maine site
89014 City Coeeeil Ofweft ofBam or.
OBDIRMs
TEAT the City Manager is hereby authorized, on behalf
of the City of Bangor, to execute settlement documents for the
Portland -Bangor Waste Oil Company, Wells Maine Site, consisting of
a Consent Decree, escrow Agreement, and Site Responsibility and
Indemnity Agreement, in substantially the same forme as are on file
in the Office of the City Clerk.
IN CITY WMCIL
March 10. 1999 99-121
Notioa for Passage Made O R D E R
and Seconded
Paeaed Title, Authorizing City Manager to Execute
Settlement DocuoeuCe - Portland-Bangor
NdeCe Ofl Ce�any. Nelle. Noire SiCe
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