- Home
- Local News
- Sports
- Business
- Entertainment
- Life
- Opinion
- Photos & Video
- Help
- Jobs
- Cars
- Homes
- Classifieds & Deals
- Local Directory
Four area sites are covered by a environmental remediation settlement announced Monday between the U.S. Environmental Protection Agency, a U.S. attorney in New York and the company known as “old General Motors.”
The agreement would pay more than $50 million to deal with 34 sites in 11 states.
The local sites and settlement amounts are:
• The Valleycrest Landfill at 200 Valleycrest Drive, Dayton, $7 million.
• The South Dayton Dump & Landfill Superfund site, off Dryden Road, Moraine, $4 million.
• The Tremont City Barrel Fill Site, about four miles northwest of Springfield, $7.5 million.
• The Lammers Barrel Superfund site, also known as the Kohnen and Lammers Chemical Co., on the northeast corner of Grange-Hall and East Patterson roads, Beavercreek, $1.2 million.
Dave Hicks, Moraine city manager, said he and other city officials planned to meet with U.S. EPA representatives Tuesday to discuss reuse of the landfill site. He said a host community must request a plan for reuse of the site before the federal government drafts one.
According to a statement from the EPA and Preet Bharara, U.S. attorney for the Southern District of New York, the EPA will get more than $36 million to settle environmental claims, to be paid in stock from the new GM Corp.
GM left bankruptcy in the summer of 2009. Another company, Motors Liquidation Co., is responsible for properties GM discarded while in Chapter 11 protection, including a former assembly plant off Ohio 741 in Moraine, which GM closed in December 2008. This settlement does not cover that plant.
Hicks said he expects a sale of that plant to a California-based industrial developer, Industrial Realty Group, to be closed by mid-April.
The EPA also expects to receive $4.6 million from bonds posted by “old GM” — as Motors Liquidation is sometimes called — to cover cleanup work, with additional bonds valued at $10.5 million.
The deal is the eighth settlement with Motors Liquidation for pollution claims worth more than $800 million, according to the Associated Press.
Contact this reporter at (937) 225-2390 or tgnau@DaytonDailyNews.com.
Keep up with business news and get breaking business news alerts with the Dayton B2B e-mail newsletter.
See Sample | Privacy Policy
User comments are not being accepted on this article.