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Agmt10 Chemical Way Properties
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Agmt10 Chemical Way Properties
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Entry Properties
Last modified
10/13/2010 3:42:55 PM
Creation date
10/13/2010 3:41:34 PM
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Template:
Agreement
Contractor Name
Chemical Way Properties
PROJECT NAME
Real Estate Option Agreement 20 Chemical Way APN 052-392-240
RMP File Number
304
Date
10/1/2010
MO Ref
10-194
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Schedule 12(d) <br /> Hazardous Materials Disclosure <br /> Owner discloses to Optionee that the Real Property is located within 2,000 feet from the real <br /> property commonly known as 70 Chemical Way, Redwood City, California (the "Adjacent <br /> Property "). The Adjacent Property is the subject of on -going groundwater monitoring under the <br /> oversight of the Regional Water Quality Control Board, San Francisco Region. As provided in <br /> Paragraph 10(b) of this Agreement, within three (3) days after the Execution Date Owner shall <br /> provide Optionee with copies of the documentation, if any, in its possession describing the scope <br /> of contamination at the Adjacent Property and the Property (including the types and quantities of <br /> Hazardous Materials). <br /> Owner further discloses to Optionee that the Tenant uses machine oils mixed with water in <br /> connection with the operation of a compressor press at the Real Property. The liquid generated <br /> from the use of this oil is cleaned up regularly with dry sweep and placed in a 55- gallon drum <br /> that is removed once a year by a licensed waste handling company. <br /> Option Agreement 20 Chemical <br /> 10.07. 2010 v.6 <br /> 42 <br />
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