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Dtsc Prospective Purchaser Agreement

Senate Act 1285 (Killea, Kelley) provides an exemption from liability for lenders and agents for the dissemination of hazardous substances into real estate in which they have a legal interest, but have not directly contributed to the potential release or spread of hazardous substances. Management Note: RP Ownership at Property Over Contaminated Ground Water (MM 90-11, December 1990) The California Land Reuse and Revitalization Act is another option that provides protection against liability from a potential buyer interested in developing a fallow property. For more information, visit the CLRRA page. Thanks to a recent RCRA agreement on brown surfaces, a new biotechnology campus will be created, with a dilapidated secular paint factory in South San Francisco. The California Department of Toxic Substances Control (DTSC) has entered into a purchase agreement (PPA) with Genentech, one of the world`s leading biotechnology companies, to create an innovative 27-hectare extension of Genentech`s existing campus. The AAE allows new buildings to be built and to adequately address the well-known pollution on the site in order to protect construction personnel and future occupants of the site. A prospective buyer agreement between SDR and a person who is a responsible party when purchasing land frees the buyer from environmental liability when the website is cleaned in accordance with SDR`s instructions. Ms. Wei Wei Chui (WChui@dtsc.ca.gov) of SDR (510) 540-3975 Soil corrective measures were implemented in 2000. Approximately 16,000 cubic metres of earth have been removed.

Phase 1 of the Britannia East Grand mechanism is underway and is expected to be completed in 2008. Artistic representation of genentech`s new research campus, which from 1898 will have two new car parks and eight research and development buildings. The manufacture of paint has led to serious lead problems in the soil and in the former San Bruno Canal. O`Brien Corporation, a paint manufacturer, purchased the site in 1967 and initially managed soil remedial monitoring in accordance with the Resource Conservation and Recovery Act (RCRA) authorities, but since 2000, DTSC has provided full regulatory authority on the site. Cherokee Investment Partners purchased the site in 1999 and began cleaning work in preparation for the renovation. The land was purchased in 2000 by Slough SSF, LLC. Cherokee will complete RCRA`s groundwater correction measures, including contamination assessment and necessary clean-up work. Slough will carry out all necessary operations and maintenance, provide financial assurances and enter into a land use agreement to limit most parts of the site to commercial operation. Slough is building the facility under construction over the next four years and has entered into a long-term lease with Genentech with an option to purchase. Occupancy is expected to begin at the end of 2006.

The site of the former O`Brien paint factory has been industrialised since the turn of the 20th century and was built on an industrial filling.

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