Environmental Exposures and Lender Concerns

Environmental Assessments (cont.) 404/Wetlands HCL is stated by DOJ to have admitted causing the unauthorized excavation and filling of wetlands on a 1,710 acre parcel of undeveloped property in Hancock County, west of the intersection of Route 03 of Interstate 10. DOJ claimed when HCL purchased the property, it had been informed by a wetland expert that as much as 80% of its land was federally protected wetland connected by streams and Bayous to the Gulf of Mexico. The property could not be developed without a permit from the U.S. Army Corps of Engineers. 35

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