Environmental Exposures and Lender Concerns

• Brownfields (Definition and Relevance to Development) Federal/State (MOA) Standards (EPA Region VI) Why important? (South Arkansas example) Related to use Arguments regarding delineation of source, use, etc. Covenant Not to Sue ⚫ Deed restriction (solution/drinking water?) (affect on values?) ⚫ Notice Restrict use or utilize barrier Arkansas Program Consent Order/Elective Site Cleanup Agreement to obtain State blessing Voluntary investigation Problems - Do you want to look? Do you understand/quantify risk (Garland County example) Third Party Liability? 60]

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