From: | Don Zweifel <zweifel@chapman.edu> |
Date: | 20 Mar 1997 13:25:01 |
Reply: | cpeo-military |
Subject: | Effects of Deed Restrictions |
Let's use Marine Corps Air Station, El Toro, Ca. as a case in point. This base has several landfills that are suspected of containing hazardous waste chemicals. The Dept. of the Navy's (DON) SW Naval Facilities Engineering Command has the responsibility of overseeing all clean-up and/or restoration at this installation. The DON proposes that landfill sites three and five be capped and monitored. They don't want to spend $7.6 million to excavate and haul it to a class one and two landfill. They'd rather spend $2 million less and just pave it over. There are unfortunate repercussions if we're going to choose this "remediation" method. How could this be considered a presumptive remedy? The DON regards it as a prescriptive solution. We believe capping usually should be proscribed or not a viable option for the following reasons: One of the most paramount problems revolves around the specter of deed restrictions. Few lenders will want to loan funds to develop property to be built on top of a landfill unless it is discounted significantly. Could one blame them? Why should a lender make a risk-based assessment that may have potentially detremental consequences without some major allowance? Why should any RAB and/or LRA (Local Redevelopment Authority) put their stamp of approval on landfills to be capped when they will be encumbered with deed restrictions? In essence, it translates into receiving land to be transferred with greatly diminished value, land suitable only for limited reuse. Is this what the people in your communities expect to inherit? When any proposals regarding the above come your way one should feel that it is incumbent upon them to inform their congressperson post haste... These representatives are supposed to be our watchdogs but they can't know every nuance about a closing military base. This factor will probably place the ball in your court... Don Zweifel | |
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