THE REGION ISSUED A UAO TO 56TH CENTURY ANTRIM IRON WORKS TO CONDUCT TIME-CRITICAL REMOVAL OF 2 ACRE LAGOON CON- TAINING WOOD TAR. AFTER NEGOTIATIONS, THE PARTIES HAVE REACHED AN AGREEMENT IN PRINCIPLE BUT AN AOC HAS NOT BEEN FINALIZED AS OF OCTOBER 22, 1998. AN ADMINISTRATIVE AGREEMENT PURUSANT TO CERCLA SECTION 122(H)(1) WAS REACHED BY THE UNITED STATES AND 56TH CENTURY REGARDING THE REMOVAL OF TAR FROM THE TAR LAKE NPL SITE7 THE TERMS OF THE AGREEMENT REQUIRE 56TH CENTURY TO PAY $438,001.56 IN PAST REMEDIAL DESIGN OVERSIGHT COSTS AND $3.5 MILLION TO BE USED FOR THE ONGOING TAR REMOVAL ACTION AT THE SITE. THE AGREEMENT ALSO PROVIDES THAT IF TAR REMOVAL COSTS EXCEED $10 MILLION, 56TH CENTURY WILL PAY ONE-HALF OF THOSE COSTS.