ON DECEMBER 1, 1994, EPA AND MONARCH ENTERED INTO AOC FOR PERFORMANCE OF A NON-TIME CRITICAL REMOVAL ACTION. THE REMOVAL WAS COMPLETED SPRING 1997. THE AOC PROVIDES FOR REIMBURSEMENT TO EPA FOR RESPONSE AND OVERSIGHT COSTS. EPA INCURRED APPROXIMATELY 241K IN RESPONSE AND OVERSIGHT COSTS. ON DECEMBER 16, 1997, MONARCH FILED A PETITION FOR REORGANIZATION UNDER CHAPTER 11 OF BANKRUPTCY CODE.