Vapor Intrusion: A New Environmental Liability?

You are cordially invited to participate in a Breakfast Briefing meeting to discuss the new TACO vapor intrusion standards applicable to cleanups in Illinois, and the new ASTM Vapor Intrusion due diligence standards for Phase I or Phase II Environmental Site Assessments. Vapor Intrusion is a “hot topic” in Illinois because the new TACO standards introduce a new “media” of concern in risk-based cleanups in the Site Remediation and LUST programs, and in environmental due diligence assessments. The meeting will feature Mr. Greg Dunn of the Illinois EPA, and will include a panel of stakeholders facilitating discussions of the various issues raised by the standards. Topics will include:

• How the new vapor intrusion cleanup standards will generally affect cleanups in Illinois;
• The specific effect of the new TACO standards and the new ASTM standard on various stakeholders: property owners, prospective purchasers, developers, consultants, lawyers, and IEPA;
• How the standards will impact brownfield development into residential properties;
• The differences between the TACO vapor intrusion standards and OSHA exposure standards;
• Where vapor intrusion is present, public notice issues for properties to be developed for residential use, or properties which will be near or adjacent to residential property;
• Potential legal claims which may be stimulated by an awareness of vapor intrusion issues (toxic torts - including personal injury and property damage-trespass, nuisance, and citizens suits);
• Issues involving remediation/mitigation technologies to control vapor intrusion, including such issues as the aesthetics and stigma associated with control systems at residential properties, and the potential effect on property values;
• The effects of vapor intrusion determinations on a company’s financial disclosure obligations and financing transactions associated with affected properties;
• Whether the standards will affect timing or costs for sites in the SRP;
• NFR reopeners for facilities which did not assess vapor intrusion in the past.

Time:

8:00 a.m. - 10:30 a.m.

Breakfast starts at 8:00 a.m. with program beginning at 8:30 a.m.

Please contact Jeryl Olson at 312-460-5802 to let us know specific questions or concerns you would like to see addressed in the Briefing; we look forward to your participation in a stimulating discussion of issues.

Space is limited and prior registration is required.