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H. The City and the Commission carried out all appropriate inquiries into the <br />previous ownership and uses of the Property in accordance with generally accepted good <br />commercial and customary standards and practices. <br />I. On January 20, 2010, the EPA notified the City that they agreed with the City's <br />Hazardous Waste Site Eligibility Determination and that the Property is a Brownfield Site and <br />the Commission is not a Potentially Responsible Party ( "PRP "), as that term is used in, and in <br />connection with, the Comprehensive Environmental Response, Compensation and Liability Act <br />(CERCLA), 42 U.S.C. § 9601 et seq. <br />J. The Property was formerly a railroad property used in conjunction with a <br />manufacturing site and is considered a Brownfield site, under applicable State law, until such <br />time as the Remediation Work is complete. <br />K. The Property is not listed, or proposed for listing on the National Priorities List of <br />the EPA. <br />L. The Commission is not a generator or transporter of any waste or hazardous waste <br />located at the Property. <br />M. The Commission is not and has never been subject to any penalties resulting from <br />environmental non - compliance at or on the Property nor is the Commission, or, to the best of its <br />knowledge, its project contractors or subcontractors currently suspended, debarred, or otherwise <br />declared ineligible for participation in this federal program or from the receipt of these funds. <br />N. A claim has not been asserted against the Commission for liability under Section <br />107 of CERCLA, 42 U.S.C. Section 9607. <br />O. The Commission is not a Potentially Responsible Party under Section 107 of <br />CERCLA, 42 USC Section 9607, because the Commission has documented the BFPP defense to <br />CERCLA liability through materials submitted to EPA. <br />NOW, THEREFORE, in consideration of the mutual covenants and promises contained <br />herein, it is mutually agreed by and between the parties as follows: <br />1. Incorporation of Recitals. The parties hereby expressly incorporate each of the <br />foregoing recitals (Recitals A through O) as if fully set forth in this section. <br />2. Grant Funds. <br />2.1. The City agrees to grant to the Commission a sum to be used by the Commission <br />for the Remediation Work (the "Project Grant Funds "), not to exceed $160,000, subject to the <br />terms and conditions herein. <br />2.2. The Project Grant Funds shall be payable to the Commission as reimbursement <br />for allowable expenses incurred by the Commission based upon the progress of the Remediation <br />Work and in accordance with the approved cleanup project budget (the "Budget "), which is <br />attached hereto and incorporated herein as Exhibit D, and all reasonable amendments to the <br />2 <br />