CCP 03-28-1994 - Laserfiche WebLink

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. . . . Oak Grove Trust Members March 22. 1994 Page 8 IX. ALTERNATIVES TO SUPERFUND BILL. Enclosed as Exhibit R is an article on the Oak Grove Site from the February. 1994 Minnesota Pollution Control Agency Minnesota Superfund Quarterly. The MPCA and the State legislature are using the Oak Grove Site as a "lightening rod" in an attempt to gather support for a proposal generally referred to as. " Alternatives to Superfund". Since the legislature is currently in session. the bill is being revised on almost a daily basis. and therefore I cannot provide you with specifics on the bill. I can advise you of the concept. however. The concept of the bill is that the State will take over responsibility for municipal landfills which were licensed by the State and which have now been closed. With respect to otherwise eligible landfills where the cleanup has already occurred. the bill proposes to reimburse the parties paying for the cleanup. less costs related to administrative and legal. actions required by the facility pennit. including characterization studies. closure. post closure care, and the acquisition of property. ? , It appears that this bill has a chance of passing the legislature this year. This is - obviously potentially very significant to the Trust If the bill passes the Trust has the - "" .~_r opportunity to receive significant dollars from the State as well as having the State take over . long tenn management of the Site (hopefully including landfill gas issues). in return for the Trust not bringing a contribution suit against non-settlors. Some Trust members are lobbying on this bill on their behalf. and some members of my finn are lobbying the bill on behalf of finn clients. Litigation Counsel is also closely monitoring the bill. I have only been involved in discussing the bill and the problems with it with these lobbyists. but no one is currently lobbying directly on behalf of the Trust I have asked the lobbyists in my fmn to advise me if it appears that the bill is getting close to becoming law and an effort directly on behalf of the Trust would be productive. If so advised, I will talk to the Trustees about whether the Trust should get involved in the debate, and if so, how. X. FINANCES. Enclosed as Exhibit S is a copy of correspondence from Litigation Counsel and a copy of the letter writing campaign account register. The letter writing campaign account has a balance of $2,412.923.89 as of March 14. 1994. The Oak Grove Trust will therefore receive approximately $1,608,000 of this amount shortly after entry of the Consent Decree. Enclosed as Exhibit T is a copy of Norwest Bank's Summary of Assets as of February 28. 1994, which shows a market value of $2.813,283.88. Overall. the Trust continues to remain within budget. but the Trustees and Common Counsel are concerned about the potential impact of the landfill gas issue on the budget The Trust budget has always been . 350/22040059 312~4 ---- --------------------