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July 28, 2006

Asarco site sold to Lacey developer

By MARGIE SLOVAN
Journal Staff Reporter

In what is probably the biggest transfer of contaminated property the Northwest has ever seen, the 67-acre Asarco smelter site is being sold — mostly for the cost of cleanup — to Point Ruston LLC, a subsidiary of MC Construction in Lacey.

Under the terms of the sale, approved yesterday by the U.S. Environmental Protection Agency, Point Ruston will spend $28 million to finish the cleanup of the property, which became part of the Commencement Bay Superfund site in 1985.


 
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