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Collier County commissioners approve amended Williams Reserve purchase after seller agrees to remediate identified contamination
Summary
The Board approved the seller's fourth amendment requiring the seller to remediate identified contamination at specified test locations and raised liquidated damages to $500,000 if the county fails to close after the seller elects remediation; vote 3-2.
Collier County commissioners voted 3-2 on April 22 to accept a fourth amendment to the county's sales agreement for the Williams Reserve property that makes the seller responsible for remediating contamination identified during the county's due diligence.
The amendment requires remediation of areas where phase 1/2 testing detected contaminants and raises the liquidated-damages amount to $500,000 if the county declines to close after the seller elects remediation. Trinity Scott, department head for Transportation Management Services, told commissioners: "Results of those environmental investigations include some soil contamination that, exceed allowable thresholds that will require remediation, as well as groundwater contaminants that exceed those allowable thresholds as well." Scott said the county did not yet…
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