[CPEO-BIF] "Values to remain low for land in Whirlpool pollution area, " Fort Smith, Arkansas

[Lenny Siegel <lsiegel@cpeo.org>]

Values to remain low for land in Whirlpool pollution area

by Ryan Saylor

Fort Smith City Wire (AR)
October 14, 2013

Even though Whirlpool Vice President of Communications and Public  
Affairs Jeff Noel told the Fort Smith Board of Directors last week  
that the area above a plume of trichloroethylene (TCE) is not a  
health risk and residents were safe, Sebastian County Assessor Becky  
Yandell is not prepared to reverse course on lowering property values  
in the area.

Yandell lowered the values of the properties in May following the  
disclosure of the TCE plume to the public.

Homes sitting on the plume, also known as the primary area, had land  
values reduced by 75% and building values reduced by 50%. In all,  
this affected 55 parcels of land, including 49 residences and three  
commercial buildings.

...

For the entire article, see
http://www.thecitywire.com/node/30041

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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