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Phase I Environmental Site Assessment <br /> 1.0 INTRODUCTION <br /> 1.1 PURPOSE OF ASSESSMENT <br /> SoundEarth Strategies, Inc. (SoundEarth) was commissioned by Teutsch Partners LLC to complete a <br /> Phase I Environmental Site Assessment (ESA) of the Lona Vista Apartments Property located at 931 <br /> Broadway Avenue in Everett, Washington (the Property). The primary purpose of this ESA is to identify, <br /> to the extent feasible, recognized environmental conditions (RECs) resulting from the use, manufacture, <br /> storage, and/or disposal of hazardous or toxic substances that could affect the future acquisition and/or <br /> development of the Property. <br /> This study is intended to satisfy the level of effort often referred to as "all appropriate inquiry" in the <br /> Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), 42 USC § 9601, with <br /> the objective of allowing Teutsch Partners LLC to qualify for the landowner liability protections afforded <br /> by CERCLA. <br /> 1.2 METHODOLOGY/SCOPE OF WORK <br /> This Phase I ESA was conducted in accordance with procedures outlined in American Society for Testing <br /> and Materials (ASTM) E1527-13, Standard Practice for Environmental Site Assessments: Phase I <br /> Environmental Site Assessment Process. ASTM E1527-13 uses the term "recognized environmental <br /> conditions" to assess environmental risks associated with a property. The term is defined as "the <br /> presence or likely presence of any hazardous substances or petroleum products in, on, or at a property: <br /> (1) due to any release to the environment; (2) under conditions indicative of a release to the <br /> environment; or (3) under conditions that pose a material threat of a future release to the <br /> environment."The term is not intended to include de minimis conditions that generally do not present a <br /> material risk of harm to public health or the environment and that generally would not be the subject of <br /> an enforcement action if brought to the attention of appropriate governmental agencies. <br /> Two additional categories of RECs are included in ASTM E1527-13: historical recognized environmental <br /> conditions and controlled recognized environmental conditions. ASTM E1527-13 uses the term <br /> "historical recognized environmental condition" (HREC) to define environmental risks associated with <br /> "...a past release of any hazardous substances or petroleum products that has occurred in connection <br /> with the property and has been addressed to the satisfaction of the applicable regulatory authority or <br /> meeting unrestricted residential use criteria established by a regulatory authority, without subjecting <br /> the property to any required controls." A "controlled recognized environmental condition" (CREC) is <br /> defined as "...a REC resulting from a past release of hazardous substances or petroleum products that <br /> has been addressed to the satisfaction of the applicable regulatory authority...with hazardous <br /> substances or petroleum products allowed to remain in place subject to the implementation of required <br /> controls." <br /> The scope of work for this Phase I ESA included the following tasks: <br /> • A review of various sources of historical information dating back to 1921, which are identified in <br /> Section 4.0, including reverse city street directories (such as those published by Polk, Inc.), <br /> Sanborn Fire Insurance Maps (Sanborn Maps), Kroll Atlases, local planning and assessment <br /> records, and available aerial photographs of the Property and vicinity. <br /> SoundEarth Strategies,Inc. 1 February 16,2015 <br />