OMNI Technologies Corporation of Danville. Reference is made to that certain Site Investigation Report by Exeter Environmental Associates, Inc. dated April 17, 2007 for Omni Technologies Corporation, included as Schedule 2.19 of the Company Disclosure Schedule of Stock Purchase Agreement dated October 31, 2007 by and between Handy & Xxxxxx and Omni Technologies Corporation of Danville (“Omni”). The New Hampshire Department of Environmental Services directed Omni to obtain a five year groundwater monitoring permit be obtained and to conduct monitoring to determine the long term trend of TCE in the groundwater before deciding whether remediation activities will be necessary. It is expected that several years of biannual sampling in nineteen xxxxx will be required before a final trend determination is made. If the contaminant trend is not stable or downward, a different remedial approach may be required to achieve the regulatory levels and or additional monitoring could be required beyond the five year permit.
OMNI Technologies Corporation of Danville. (“Omni) The New Hampshire Department of Environmental Services previously directed Omni to obtain a five year groundwater monitoring permit to conduct monitoring to determine the long term trend of Trichloroethylene (“TCE”) in the groundwater at the property. Biannual groundwater monitoring in nineteen xxxxx has been conducted since the Third Quarter of 2009 and will be on-going through the Second Quarter of 2014. The general trend thus far is that TCE concentrations have decreased. At the conclusion of the five year monitoring event in 0000, Xxx Xxxxxxxxx XXX will determine whether to allow additional monitoring and natural attenuation of the TCE or require an alternative remedial approach.
OMNI Technologies Corporation of Danville. (“Omni) The New Hampshire Department of Environmental Services previously directed Omni to obtain a five year groundwater monitoring permit to conduct monitoring to determine the long term trend of Trichloroethylene (“TCE”) in the groundwater at the property. Biannual groundwater monitoring in nineteen xxxxx has been conducted since the Third Quarter of 2009 and will be on-going through the Second Quarter of 2014. A second five year groundwater monitoring permit was issued in July 2014 for the continued biannual monitoring through the second quarter of 2019. The general trend thus far is that TCE concentrations have decreased. Depending upon the TCE concentrations during the next five year monitoring period, New Hampshire DEP may allow “closure” of the site, require additional monitoring and natural attenuation of the TCE or require an alternative remedial approach.
