Manufactured Gas Plants. Atlanta Gas Light Company (“AGLC”) is required to investigate possible environmental contamination at manufactured gas plants (“MGP”) and, if necessary, clean up any contamination. AGLC has been associated with ten MGP sites in Georgia and three in Florida. Based on investigations to date, cleanup has either already occurred or is likely at most of these sites. As of June 30, 2006, the remediation program in Georgia was approximately 100% complete, with the exception of ground water conditions. As reported in Holdings Quarterly Report on Form 10-Q for the quarter ended June 30, 2006, the projected costs of the remaining remediation at these sites are estimated to be $25 million, with additional future costs for the Florida sites in the range of $7 million to $11 million.
Appears in 1 contract
Samples: Credit Agreement (Agl Resources Inc)
Manufactured Gas Plants. Atlanta Gas Light Company (“AGLC”) AGLC is required to investigate possible environmental contamination at manufactured gas plants (“MGP”) and, if necessary, clean up any contamination. AGLC has been associated with ten MGP sites in Georgia and three in Florida. Based on investigations to date, cleanup has either already occurred or is likely at most of these sites. As of June 30, 20062005, the remediation program in Georgia was approximately 10096% complete, with the exception of ground water conditions. As reported in Holdings Quarterly Report on Form 10-Q for the quarter ended June 30, 20062005 (the "2nd Quarter 2005 10-Q"), the projected costs of the remaining remediation at these sites are estimated to be $25 40.0 million, with additional future costs for the Florida sites in the range of $7 million 4 to $11 million.
Appears in 1 contract
Samples: Credit Agreement (Agl Resources Inc)
Manufactured Gas Plants. Atlanta Gas Light Company (“AGLC”) is required to investigate possible environmental contamination at manufactured gas plants (“MGP”) and, if necessary, clean up any contamination. AGLC has been associated with ten MGP sites in Georgia and three in Florida. Based on investigations to date, cleanup has either already occurred or is likely at most of these sites. As of June 30, 2006, the remediation program in Georgia was approximately 100% complete, with the exception of ground water conditions. As reported in Holdings Quarterly Report on Form 10-Q for the quarter ended June 30, 20062006 (the "2nd Quarter 2005 10-Q"), the projected costs of the remaining remediation at these sites are estimated to be $25 million, with additional future costs for the Florida sites in the range of $7 million to $11 million.
Appears in 1 contract
Samples: Letter of Credit and Security Agreement (Agl Resources Inc)
Manufactured Gas Plants. Atlanta Gas Light Company (“AGLC”) is required to investigate possible environmental contamination at manufactured gas plants (“MGP”I) and, if necessary, clean up any contamination. AGLC has been associated with ten MGP sites in Georgia and three in Florida. Based on investigations to date, cleanup has either already occurred or is likely at most of these sites. As of June 30, 2006, the remediation program in Georgia was approximately 100% complete, with the exception of ground water conditions. As reported in Holdings Quarterly Report on Form 10-Q for the quarter ended June 30, 2006, the projected costs of the remaining remediation at these sites are estimated to be $25 million, with additional future costs for the Florida sites in the range of $7 million to $11 million.
Appears in 1 contract
Samples: Letter of Credit and Security Agreement (Agl Resources Inc)