Environmental Due Diligence - Lumber Mill
Conducted environmental due diligence (Phase I Environmental Site
Assessments) involving three separate ownership properties, entailing
almost 45 acres of land. The large lumber mill operation had a complex
history that included significant solvent contamination to both soil and
groundwater. The contaminated property had undergone remediation and
isan active Spills, Leaks, Industrial Cleanup (SLIC) property with
oversight provided by the Central Coast Regional Water Quality Control
Board. Ongoing monitoring is projected to occur for the foreseeable
The client desired to acquire the entire area (all
parcels) to control the area and maximize the future use of the land.
Because the purchase agreement stipulated the client would assume all
environmental liability, additional assessment was recommended.
Additional work that was conducted included a risk evaluation of the
ongoing/future environmental monitoring costs, budgets for additional
remediation costs as well as costs to conduct additional Phase II