The Oeser Superfund Site (Site) is an operating wood-treating facility that has been and is continuing to be operated by The Oeser Company. This Site comprises approximately 26 acres located near the City of Bellingham in Washington State. Contaminants of concern include pentachlorophenol (PCP), dioxins and polynuclear aromatic hydrocarbons (PAHs).
Pursuant to the terms of the consent decree, The Oeser Company (Oeser) has agreed to fully perform the remedial action set forth in the Record of Decision (ROD) for the Oeser Site and has set aside funds for the cleanup in a combination of a trust account and control account. Oeser has also agreed to pay a significant portion of EPA�s past costs and all of EPA�s future oversight costs associated with the implementation of the remedy.
The consent decree provides that The Oeser Company will perform the entire cleanup of the Oeser property, including long-term operation and maintenance for the site (estimated to range from $3,610,000 to $6,100,000). The consent decree also provides that The Oeser Company will pay EPA $8.6 million in reimbursement of a significant portion of EPA�s past and interim costs (estimated to be approximately $14,902,650). In addition, Oeser will pay $500,000 to a trust for performance of cleanup in adjoining Little Squalicum Creek by the City of Bellingham.
Specific terms of the settlement include the following:
� The settlement includes a commitment to perform all of the requir