[CPEO-MEF] Environmental cleanup insurance at Sunflower site discussed

[CPEO Moderator <cpeo@cpeo.org>]

Tuesday June 27 07:47 AM EDT 

Environmental cleanup insurance at Sunflower site discussed

By GRACE HOBSON - The Kansas City Star

Insurance policies written to guarantee the environmental cleanup at the
Sunflower Army Ammunition Plant are ironclad, a U.S. Army attorney said
Monday.

The Oz Entertainment Co. will buy insurance from AIG Environmental to
guarantee the cleanup at the munitions plant site near De Soto. Oz has
agreed to rid the plant of contamination in exchange for acquiring the
9,065 acres from the federal government.

Bob Lingo, an Army attorney helping to negotiate the transfer, told about
60 members of the public and press Monday that the policies had been
reviewed extensively.

"We think they are tightly written...but in the 1 percent chance -- or
whatever percentage you want to put on it -- that the insurance company
denies coverage, the Army steps in and completes the cleanup," Lingo said.

Lingo was one of 16 federal, state and private sector officials involved in
the Sunflower deal who answered residents' questions about the complex
transaction.

Full story at Kansas City Star
http://www.kcstar.com/item/pages/story,local/377490b1.626,.html
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
You can find archived listserve messages on the CPEO website at 

http://www.cpeo.org/lists/index.html.

If this email has been forwarded to you and you'd like to subscribe, please send a message to: 

cpeo-military-subscribe@igc.topica.com
___________________________________________________________
T O P I C A  The Email You Want. http://www.topica.com/t/16
Newsletters, Tips and Discussions on Your Favorite Topics