The site is currently a vacant former oil company site. There are three buildings located on the subject property: one approximately 2,900-square-foot office building, one approximately 1,200-square-foot office building, and one approximately 100-square-foot utility shed.
A review of city directories and conducting site reconnaissance activities revealed that numerous adjoining and nearby properties in the area of the subject property have operated as oil field suppliers and oil companies from at least 1964 to present. While exact operations at these sites are unknown, it is common for oil field operators/suppliers to handle and store petroleum products and/or hazardous substances. These can be stored in USTs, aboveground storage tanks, drums, containers, etc. Based on the ubiquitous nature of these oil companies in the area over the last 60 years (or more), it is likely that a release of petroleum products and/or hazardous substances have occurred from these adjoining/nearby sites. Therefore, the 60-year (minimum) operation of oil companies on adjoining and/or nearby properties is considered a REC.
BFPP has elected to purchase the property for expansion of its business.