Common use of Soils Conditions Clause in Contracts

Soils Conditions. The Developer’s initial environmental and geotechnical reports found the presence of petroleum hydrocarbon contamination on Parcel 21. The City commissioned a Limited Phase II Environmental Site Assessment, which confirmed the presence of contaminated soils. On March 20, 2015, the City notified the Nevada Division of Environmental Protection (NDEP) of a release of contaminants total petroleum hydrocarbons and hydrocarbon constituents in excess of legally acceptable limits. NDEP has designated the Washoe County District Health Department (WCDHD) as the lead agency for overseeing the remediation of this case. The City has subsequently commissioned the preparation of a remediation plan and intends to remediate the contaminated site and obtain a determination in writing from the WCDHD that no further remediation is necessary prior to sale of Agency Residential Parcels to Buyer.

Appears in 3 contracts

Sources: Disposition and Development Agreement, Disposition and Development Agreement, Disposition and Development Agreement