REGION 10 SEEKS TO MODIFY THE UNENFORCEABLE TERMS OF A CONSENT DECREE ENTERED WITH MARINE POWER & EQUIPMENT IN 1989. MPE WAS IN CH. 11 BANKRUPTCY AT THAT TIME. THE REORGANIZED COMPANY, UNIMAR, FILED FOR BANKRUPTCY IN JANUARY 1994. ITS LIABILITIES FAR EXCEED ITS ASSETS. THE CONSENT DECREE REQUIRED MPE TO CLEANUP POLLUTANTS IT DEPOSITED ON THE BED OF LAKE UNION. THE PROSPECTIVE PURCHASER OF THE ASSETS OF UNIMAR, NORTHLAKE, HAS AGREED TO CONTRIBUTE $400,000 TO A FUND DEDICATED TO CLEANUP IN EXCHANGE FOR REGION 10'S EXTINGUISHING THE CONSENT DECREE WHICH ARGUABLY MAKES FUTURE OWNERS RESPONSIBLE TO SATISFY THE DECREE.