# PIDC FINANCING CORPORATION, ET AL
> **Judicial** · FY2002 · — · Final Order With Specified Cost Recovery
## Case
- **Activity ID:** `19850`
- **Case Number:** 03-2002-0067
- **Type:** Judicial
- **Lead:** EPA
- **Outcome:** Final Order With Specified Cost Recovery
- **Penalty assessed:** —
- **Cost recovery:** —
- **Compliance action $:** —
- **Multimedia (multi-env):** N
## Defendants
- PA INDUSTRIAL DEVELOPMENT AUTHORITY (complaint) (settlement)
- PIDC FINANCING CORPORATION (complaint) (settlement)
## Summary

THE REGION HAS REFERRED CERCLA CLAIMS AND A PROPOSED         SETTLEMENT AGAINST PIDC FINANCING CORPORATION (PIDCF) AND THE PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY (PIDA) IN  CONNECTION WITH THE FRANKLIN SMELTING SITE.  THE SETTLEMENT, WHEN COMBINED WITH A PROPOSED PROSPECTIVE PURCHASER          AGREEMENT WITH PIDC LOCAL DEVELOPMENT CORPORATION (PIDCLDC), WILL FACILITATE REUSE OF THE SITE.  THE SITE SITS ON SEVERAL PARCELS STRADDLING CASTOR AVENUE IN PHILADELPHIA.  BETWEEN   APPROXIMATELY 1935 AND 1998, THE FRANKLING SMELTING AND      REFINING CORPORATION OPERATED A COPPER SMELTING FACILITY ON THE 10-ACRE PROPERTY.  DURING THE COURSE OF OPERATIONS, THE SITE BECAME CONTAMINATED WITH, AMONG OTHER THINGS, COPPER, LEAD, ARSENIC, CADMIUM, AND OTHER HEAVY METALS.  THE FACILITY CEASED OPERATIONS IN 1998 AMIDST MOUNTING LEGAL AND FINANCIAL DIFFICULTIES.  BETWEEN APPROXIMATELY FEBRUARY 1998 AND FEBRUARY 2000, EPA CONDUCTED A CERCLA REMOVAL RESPONSE   ACTION AT THE SITE WHICH INCLUDED, AMONG OTHER ACTIVITIES,   SHIPMENT OF COPPER-BEARING FEEDSTOCK MATERIALS, DRUMMED FLUE DUSTS, CIRCUIT SCRAP, AND METALLURGIC MATERIALS OFF-SITE FOR RECYCLING; EXCAVATION AND OFF-SITE DISPOSAL OF CONTAMINATED  SOILS; TRANSPORTATION AND DISPOSAL OF PCB-CONTAINING OILS    AND TRANSFORMER CARCASSES; AND SURFICIAL DECONTAMINATION OF  BUILDINGS AND EQUIPMENT BY VACUUMING DUSTS AND PRESSURE      WASHING.  CLEANUP COSTS EXCEEDED $13 MILLION.  PIDCLDC AND   PIDA HOLD MORTGAGES WITH RESPECT TO SEVERAL OF THE 

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