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Clayton <br /> `SL' '4\'. <br /> warranted, as PCBs and mercury must be handled, stored, and disposed of as a <br /> regulated waste in California. <br /> 3.3 CHEMICAL AND WASTE STORAGE <br /> The subject site is a bank building. No chemical or waste material storage was <br /> observed onsite. Records reviewed did not reveal any hazardous waste activity onsite. <br /> No spillage or stained soil or concrete areas were observed at this property. <br /> 3.4 ASBESTOS-CONTAINING MATERIALS <br /> During the site walkthrough, Clayton briefly inspected the facility for the presence of � <br /> materials commonly known to contain asbestos. We noted materials that were readily <br /> accessible and visible without dismantling permanent structures such as walls, floors, or <br /> piaster ceilings. This inspection was not intended to disclose all possible sources of <br /> asbestos. <br /> Clayton observed the following suspect asbestos-containing materials: <br /> • In the electrical panel room in the basement, tape and insulation on pipes. <br /> • On the stairs leading to the basement, vinyl floor covering, and in the corridor, <br /> floor tile. There were ceiling panels and wall coverings throughout the basement. <br /> i <br /> • On the first floor, ceiling panels, wall covering in the kitchen, and 9- by 9-inch <br /> floor the at the lobby entrance. <br /> • On the second floor, floor tile and ceiling panels. <br /> No damage of any of the suspect asbestos-containing materials was observed <br /> Clayton considers it advisable to conduct an assessment of suspect asbestos-containing <br /> materials, including bulk sampling and analysis. This type of assessment is the best <br /> way to evaluate suspect asbestos-containing materials. An asbestos survey can be <br /> deferred until renovation or demolition threatens to disturb the suspect materials. <br /> At the federal level, asbestos is regulated by the Occupational Safety and Health <br /> Administration (OSHA) and the Environmental Protection Agency (EPA). OSHA <br /> regulates worker exposure to asbestos. EPA regulations address asbestos removal <br /> projects, and require removal of asbestos before building demolition. <br /> California asbestos regulations are some of the most stringent in the country. <br /> Asbestos is regulated by Proposition 65, which requires posting in areas where anyone <br /> is exposed to a carcinogen at a level where there is a significant risk of cancer. Under <br /> Proposition 65, airborne concentrations of asbestos fibers, above the current detection <br /> limit, constitutes significant risk. <br /> Building owners, except owners of schools, are not required by law to perform an <br /> . asbestos survey. However, the California Health and Safety Code, under Assembly <br /> Bill (AB) 1564, requires the owner of any building constructed prior to 1979, who <br /> -4- <br /> 33a2"rep <br />