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Post by JB on Mar 26, 2008 18:47:02 GMT -6
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Post by doctorwho on Mar 26, 2008 18:58:47 GMT -6
My guess is based on the phase II, remediation is no big deal. This is not the first piece of land that had issues that had to be remediated. Close, remediate, inspect. The building will be on another part of the land so construction will not interfere with what is going on. If it doesn't pass the first time, then MWgen will have to do further remediation until it does pass. All guessing based on common sense. maybe I'm just dense ( and there are places you can get odds on that ) - but once we close I cannot understandhow anyone else is responsible for anything - they are no longer the legal owenrs - they could not even be the ones to request the IEPA come out at that point - it has to be us. Please help me understand how they owe us anything once we close on the property ? I don't believe they would sign a thing holding responsibility - as a stockholder would you want them to ? This is a public company owned by stockholders - I'd have a fit if I was one and my CEO signed away unkown liability. It would never work on any financial statement for the company.
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Post by doctorwho on Mar 26, 2008 18:59:40 GMT -6
of course that's not all- they're adding a couple of feet of dirt also...
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Post by Avenging Eagle on Mar 26, 2008 19:05:53 GMT -6
My guess is based on the phase II, remediation is no big deal. This is not the first piece of land that had issues that had to be remediated. Close, remediate, inspect. The building will be on another part of the land so construction will not interfere with what is going on. If it doesn't pass the first time, then MWgen will have to do further remediation until it does pass. All guessing based on common sense. maybe I'm just dense ( and there are places you can get odds on that ) - but once we close I cannot understandhow anyone else is responsible for anything - they are no longer the legal owenrs - they could not even be the ones to request the IEPA come out at that point - it has to be us. Please help me understand how they owe us anything once we close on the property ? I don't believe they would sign a thing holding responsibility - as a stockholder would you want them to ? This is a public company owned by stockholders - I'd have a fit if I was one and my CEO signed away unkown liability. It would never work on any financial statement for the company. If we lose our rebate form then we won't be able to collect. Or there will be an exclusion in the extended warranty that leaves us holding the bag.
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Post by rural on Mar 26, 2008 20:16:16 GMT -6
My guess is based on the phase II, remediation is no big deal. This is not the first piece of land that had issues that had to be remediated. Close, remediate, inspect. The building will be on another part of the land so construction will not interfere with what is going on. If it doesn't pass the first time, then MWgen will have to do further remediation until it does pass. All guessing based on common sense. maybe I'm just dense ( and there are places you can get odds on that ) - but once we close I cannot understandhow anyone else is responsible for anything - they are no longer the legal owenrs - they could not even be the ones to request the IEPA come out at that point - it has to be us. Please help me understand how they owe us anything once we close on the property ? I don't believe they would sign a thing holding responsibility - as a stockholder would you want them to ? This is a public company owned by stockholders - I'd have a fit if I was one and my CEO signed away unkown liability. It would never work on any financial statement for the company. I don't know, I'm just guessing here: Maybe it's like the houses with the dryvit insurance. If anything goes wrong with it over a period of time the sellers are still responsible for the remediation? Like I said uneducated explanation.
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Post by Avenging Eagle on Mar 26, 2008 20:57:38 GMT -6
maybe I'm just dense ( and there are places you can get odds on that ) - but once we close I cannot understandhow anyone else is responsible for anything - they are no longer the legal owenrs - they could not even be the ones to request the IEPA come out at that point - it has to be us. Please help me understand how they owe us anything once we close on the property ? I don't believe they would sign a thing holding responsibility - as a stockholder would you want them to ? This is a public company owned by stockholders - I'd have a fit if I was one and my CEO signed away unkown liability. It would never work on any financial statement for the company. I don't know, I'm just guessing here: Maybe it's like the houses with the dryvit insurance. If anything goes wrong with it over a period of time the sellers are still responsible for the remediation? Like I said uneducated explanation. Don't worry, Sushi is handling the remediation which is no big deal to her. But actually the point is that our SB will never get insurance from MWGEN, and our SB will rubber stamp it through and only ask for a worthless piece of NFR paper.
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Post by abc204 on Mar 26, 2008 21:21:48 GMT -6
I have never posted to this site before, but feel I must provide some information regarding the IEPA. My family has personally been working for the last 10 years so secure a NFR (related to a small business). We have gone through 2 complete clean ups, but just received word that the most recent soil samples still showed areas of concern. All this was the result of just 2 underground tanks. We still do not have the NFR paper and from our understanding (and dealing with the IEPA has been very confusing at times) we can not sell our property without this letter unless the buyer accepts all liability. I guess that is my concern with this school site. I just hope the school district does not accept that liability.
And If this remediation is truly so easy for the school I would have some concern over how this NFR was really obtained.
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Post by doctorwho on Mar 26, 2008 21:25:24 GMT -6
I have never posted to this site before, but feel I must provide some information regarding the IEPA. My family has personally been working for the last 10 years so secure a NFR (related to a small business). We have gone through 2 complete clean ups, but just received word that the most recent soil samples still showed areas of concern. All this was the result of just 2 underground tanks. We still do not have the NFR paper and from our understanding (and dealing with the IEPA has been very confusing at times) we can not sell our property without this letter unless the buyer accepts all liability. I guess that is my concern with this school site. I just hope the school district does not accept that liability. And If this remediation is truly so easy for the school I would have some concern over how this NFR was really obtained. thank you for your 1st post and real life experience insight. My guess is the hold up right now is somehow tied to exactly this issue.
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Post by WeBe204 on Mar 26, 2008 21:28:54 GMT -6
I have never posted to this site before, but feel I must provide some information regarding the IEPA. My family has personally been working for the last 10 years so secure a NFR (related to a small business). We have gone through 2 complete clean ups, but just received word that the most recent soil samples still showed areas of concern. All this was the result of just 2 underground tanks. We still do not have the NFR paper and from our understanding (and dealing with the IEPA has been very confusing at times) we can not sell our property without this letter unless the buyer accepts all liability. I guess that is my concern with this school site. I just hope the school district does not accept that liability. And If this remediation is truly so easy for the school I would have some concern over how this NFR was really obtained. Welcome abc204. And thanksfor the info..
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Post by Avenging Eagle on Mar 26, 2008 23:09:20 GMT -6
I have never posted to this site before, but feel I must provide some information regarding the IEPA. My family has personally been working for the last 10 years so secure a NFR (related to a small business). We have gone through 2 complete clean ups, but just received word that the most recent soil samples still showed areas of concern. All this was the result of just 2 underground tanks. We still do not have the NFR paper and from our understanding (and dealing with the IEPA has been very confusing at times) we can not sell our property without this letter unless the buyer accepts all liability. I guess that is my concern with this school site. I just hope the school district does not accept that liability. And If this remediation is truly so easy for the school I would have some concern over how this NFR was really obtained. That's why the SB will avoid dealing with the IEPA at all costs, regardless of the implications of their decision.
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Post by sushi on Mar 27, 2008 5:46:50 GMT -6
I have never posted to this site before, but feel I must provide some information regarding the IEPA. My family has personally been working for the last 10 years so secure a NFR (related to a small business). We have gone through 2 complete clean ups, but just received word that the most recent soil samples still showed areas of concern. All this was the result of just 2 underground tanks. We still do not have the NFR paper and from our understanding (and dealing with the IEPA has been very confusing at times) we can not sell our property without this letter unless the buyer accepts all liability. I guess that is my concern with this school site. I just hope the school district does not accept that liability. And If this remediation is truly so easy for the school I would have some concern over how this NFR was really obtained. That's why the SB will avoid dealing with the IEPA at all costs, regardless of the implications of their decision. Why do you say the SB will avoid dealing with IEPA? I imagine you are right, it will be MWGen dealing with the IEPA, until the NFR is issued. Here is proof of the process. Obviously, there is a legal clause that protects the SD after the close up to the NFR. Why would they close otherwise. Why am I the only one who gets this?
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Post by specailneedsmom on Mar 27, 2008 6:42:30 GMT -6
They want to avoid the IL EPA because dealing with the IL EPA will take lots of time and time is a limited commodity.
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Post by snerdley on Mar 27, 2008 6:44:17 GMT -6
They want to avoid the IL EPA because dealing with the IL EPA will take lots of time and time is a limited commodity. And they're willing to take the risk with the taxpayer's money because that's exactly what they've done before. Roll the dice, deal with it later - they think they have unlimited resources (us).
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Post by WeBe204 on Mar 27, 2008 7:06:17 GMT -6
That's why the SB will avoid dealing with the IEPA at all costs, regardless of the implications of their decision. Why do you say the SB will avoid dealing with IEPA? I imagine you are right, it will be MWGen dealing with the IEPA, until the NFR is issued. Here is proof of the process. Obviously, there is a legal clause that protects the SD after the close up to the NFR. Why would they close otherwise. Why am I the only one who gets this? I actually get it now. To be honest when I sat through the land selection meeting and the boundary meeting I walked away thinking the plant would be disassembled and the land would be remediated before we took ownership. This is one of the many reasons I thought the 2009 date was a total joke. Now, I get it. We buy the land put of fencing and do it at a later date. The level of MidWest Gens responsibility I believe is the real sticking point in the negotiations. Remember the wording was changed by the board at the end of the land meeting. I wonder if that wording is causing a problem? Hmmmm... Not some wacked tin foil theory being put out by NSFOCFraud. So, now kids will be in a construction zone and a remediation zone for at least the first year. Regardless of the location 2009 seems foolish.
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Post by doctorwho on Mar 27, 2008 7:19:18 GMT -6
Why do you say the SB will avoid dealing with IEPA? I imagine you are right, it will be MWGen dealing with the IEPA, until the NFR is issued. Here is proof of the process. Obviously, there is a legal clause that protects the SD after the close up to the NFR. Why would they close otherwise. Why am I the only one who gets this? I actually get it now. To be honest when I sat through the land selection meeting and the boundary meeting I walked away thinking the plant would be disassembled and the land would be remediated before we took ownership. This is one of the many reasons I thought the 2009 date was a total joke. Now, I get it. We buy the land put of fencing and do it at a later date. The level of MidWest Gens responsibility I believe is the real sticking point in the negotiations. Remember the wording was changed by the board at the end of the land meeting. I wonder if that wording is causing a problem? Hmmmm... Not some wacked tin foil theory being put out by NSFOCFraud. So, now kids will be in a construction zone and a remediation zone for at least the first year. Regardless of the location 2009 seems foolish. yeah that 1st year is quite the HS experience isn't it: 1/ construction 2/ remediation area 3/ no gym 4/ no pool 5/ no auditorium 6/ no sports venues 7/ no varsity sports 8/ triple the bus time for some to get to this place 9/ and a vista like none other 10/ who knows what chemically/ emf wise I'd add, likely no parking for parents - but what the hell would we be going there to see ? Yep - I'd love to see the poster for this FULL high school experience - what a load of horse manure this is. Yep 2009 sure looks like the right choice
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