[Federal Register Volume 67, Number 84 (Wednesday, May 1, 2002)]
[Notices]
[Page 21680]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-10732]


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ENVIRONMENTAL PROTECTION AGENCY

[FRL-7204-2]


Notice of Proposed Administrative Settlement Under Section 122 of 
the Comprehensive Environmental Response, Compensation and Liability 
Act, as amended, 42 U.S.C. 9622, Taylor Lumber & Treating Superfund 
Site

AGENCY: Environmental Protection Agency.

ACTION: Notice; request for public comment.

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SUMMARY: In accordance with the Comprehensive Environmental Response, 
Compensation and Liability Act of 1980 (CERCLA), 42 U.S.C. 9601 et 
seq., and by order of the United States Bankruptcy Court for the 
District of Oregon, notice is hereby given of a proposed Settlement 
Agreement concerning the Taylor Lumber & Treating National Priorities 
List Superfund Site. The proposed Settlement Agreement would resolve 
claims of the United States under sections 106 and 107(a) of CERCLA, 42 
U.S.C. 9606 and 9607(a), and section 3008(h) of the Resource 
Conservation and Recovery Act (RCRA), 42 U.S.C. 6928(h), against Taylor 
Lumber & Treating, Inc. Taylor Lumber & Treating was authorized to 
enter into this settlement by an order of the United States Bankruptcy 
Court, District of Oregon, where Taylor Lumber & Treating has filed a 
Chapter 11 bankruptcy petition.
    EPA will receive $500,000 in cash from the proceeds of the sale of 
the Taylor Lumber treating plant, which will be placed in a special 
account for use at the Site. EPA may also receive additional payments 
if the total amount of funds in the bankruptcy estate available for 
distribution to general unsecured creditors other than EPA is greater 
than $350,000. EPA will release its liens on Taylor Lumber's real 
property and will grant covenants not to sue to the company and its 
bankruptcy estate.
    Because of the schedule in the bankruptcy proceeding, the 
Bankruptcy Court has ordered a fourteen-day period for public comments. 
For fourteen calendar days following the date of publication of this 
notice, EPA will accept written comments relating to the proposed 
Settlement Agreement. EPA's response to any comments received will be 
available for public inspection at the U.S. Environmental Protection 
Agency, 1200 Sixth Ave., Seattle, WA 98101.

DATES: Comments must be submitted on or before fourteen days.

ADDRESSES: A copy of the proposed settlement may be obtained from 
Jennifer Byrne, Assistant Regional Counsel (ORC-158), Office of 
Regional Counsel, U.S. EPA Region 10, 1200 Sixth Ave., Seattle, WA 
98101. Comments should reference ``Taylor Lumber & Treating Settlement 
Agreement'' and ``Docket No. CERCLA-10-2002-0034'' and should be 
addressed to Jennifer Byrne at the above address.

FOR FURTHER INFORMATION CONTACT: Jennifer Byrne, Assistant Regional 
Counsel (ORC-158), Office of Regional Counsel, U.S. EPA Region 10, 1200 
Sixth Ave., Seattle, WA 98101; phone: (206) 553-0050; fax: (206) 553-
0163; e-mail: [email protected].

    Dated: April 23, 2002.
L. John Iani,
Regional Administrator.
[FR Doc. 02-10732 Filed 4-30-02; 8:45 am]
BILLING CODE 6560-50-P