FORMER CHLOR-ALKALAI PLANT WHICH PRODUCED MERCURY AS A WASTE BY-PRODUCT. WASTE WAS STAORED IN PONDS, THE LARGEST OF WHICH WAS POND NUMBER 5. EFFLUENT FROM POND NO. 5 WAS ENTER- ING THE MORTH FORK OF THE HOLSTON RIVER (NFHR). NFHR HAD CONTAINED HIGH LEVELS OF MERCURY AS A RESULT, AND IT IS BE- LIEVED THAT SEVER ENVIRONMENTAL DAMAGE HAS BEEN CAUSED IN EIGHTY (80) MILES OF THE RIVER. THE CONSENT DECREE CALLS FOR A FULL RI/FS AND AN INTERIM REMEDIAL ACTION TO CURTAIL THE MERCURY DISCHARGE INTO THE RIVER.