# STALLINGS SALVAGE SUPERFUND SITE (COST REC. AGMT)
> **Administrative - Formal** · FY2003 · — · Final Order With Unspecified Cost Recovery
## Case
- **Activity ID:** `104703`
- **Case Number:** 04-2003-3519
- **Type:** Administrative - Formal
- **Lead:** EPA
- **Outcome:** Final Order With Unspecified Cost Recovery
- **Penalty assessed:** —
- **Cost recovery:** —
- **Compliance action $:** —
- **Multimedia (multi-env):** —
## Defendants
- STALLINGS, MORRIS (settlement)
- STALLINGS, PAUL (ESTATE OF) (settlement)
## Summary

8/15/03 - AGREEMENT FOR RECOVERY OF PAST RESPONSE COSTS ISSUED.  
SETTLING PARTIES:
ESTATE OF PAUL STALLINGS, BY AND THROUGH ITS EXECUTOR, MORRIS STALLINGS;
MORRIS STALLINGS, AS EXECUTOR OF THE ESTATE OF PAUL STALLINGS;
MORRIS STALLINGS AS ATTORNEY IN FACT FOR PAUL STALLINGS UNDER THE DURABLE POWER OF ATTORNEY DATED JUNE 2, 1994; AND
MORRIS STALLINGS.  

THE SETTLING PARTIES SHALL MAKE PAYMENTS TO THE EPA HAZARDOUS SUBSTANCE SUPERFUND IN REIMBURSEMENT OF PAST RESPONSE COSTS UPON THE FOLLOWING TERMS AND CONDITIONS:

A.  THE SETTLING PARTIES SHALL UNDERTAKE BEST EFFORTS TO SELL THE SITE PROPERTY.

B.  THE APPRAISAL CONDUCTED ON JUNE 4, 2002, BY MORRISON APPRAISAL INC., SHALL CONSTITUTE AN EPA ACCEPTED APPRAISAL.  THEREFORE, THE APPRAISED VALUE OF THE SITE IS $61,600.

C.  WITHIN 30 DAYS OF THE EFFECTIVE DATE OF THIS AGREEMENT, THE SETTLING PARTIES SHALL SUBMIT TO EPA INFORMATION DOCUMENTING THEIR BEST EFFORTS TO SELL THE SITE PROPERTY.  

D.  THE SETTLING PARTIES SHALL NOTIFY EPA IN WRITING WITHIN 30 BUSINESS DAYS OF RECEIPT OF ANY WRITTEN OFFERS TO PURCHASE THE SITE PROPERTY OR A PORTION THEREOF.  

E.  THE SETTLING PARTIES SHALL PAY EPA THE PROCEEDS FROM THE SALE OF THE SITE PROPERTY UP TO THE TOTAL PAST RESPONSE COSTS, WITHIN 15 DAYS OF THE CLOSING SALE DATE, LESS THE COSTS INCURRED TO MAINTAIN, MARKET AND SELL THE SITE, BUT WHICH ARE NOT TO EXCEED 10 PERCENT OFTHE SALES PRICE.  SUCH INCURRED COSTS TO INCLUDE BUT NOT BE LIMITED TO ALL REALTOR COMMISSIONS, TA

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*Source: [EPA ECHO](https://echo.epa.gov/) · AI Analytics · CC0 1.0*