** THIS REFERRAL WAS ORALLY MADE ON AUGUST 15, 1989. * SUPPORTING DOCUMENTATION SUBMITTED TO COMFIRM PRIOR ORAL REFERRAL FROM EPA REGION II ON 9/19/89. * THE CORAM COMPANIES ARE DEBTORS IN A CHAPTER 11 RE- ORGANIZATION BANKRUPTCY PROCEEDING. THE CORAM COMPANIES PROPOSED TO SELL SUBSTANTIALLY ALL OF THEIR ASSETS AND TO ASSIGN CERTAIN EXECUTORY CONTRACTS TO THE CBS COMPANIES. DURING A DUE DILIGENCE SEARCH CONDUCTED BY THE CBS COMPANIES THEY DISCOVERED THAT THE CORAM COMPANIES HAD BEEN PREVIOUSLY CITED BY THE COUNTY HEALTH DEPARTMENT FOR VARIOUS SUBSTANCES FROM A SANITARY CESSPOOL UNDER THE CORAM COMPANIES BUS MAIN- TENANCE FACILITY. ON AUGUST 8, 1989, EPA RECEIVED NOTICE OF THE PENDING PROPOSED SALE AND ASSIGNMENT PRIOR TO THE TRANS- ACTION BEING APPROVED BY THE BANKRUPTCY COURT. ONE TERM OF THE TRANSACTION WAS THAT $80,000 OF THE PROCEEDS WOULD BE ALLOCATED TO PAY FOR AN ENVIRONMENTAL ASSESSMENT OF THE CORAM COMPANIES FACILITY. EPA AND THE CBS COMPANIES AGREED TO AN ADDITIONAL TERM OF THE TRANSACTION, NAMELY, THAT PRIOR TO ANY DISBURSEMENT OF THE EXCESS PROCEEDS FROM THE SALE (THE SUMS IN EXCESS OF THOSE THAT ARE TO PAID HOLDERS OF SECURED INTERESTS AND TO OTHER HOLDERS OF PRIORITY CLAIMS), OF APPROXIMATELY $250,000, EPA WOULD BE PROVIDED NOTICE OF THE DISBURSEMENT AND HAVE AN OPPORTUNI