SITE INFORMATION AND CORRESPONDENCE

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Mr. Michael_Infarna .1 May 22, 1996 Page 2 Four oil companies operated this station,which was in business between 1928 and 1977. These four companies, and the time period of their known operations at the site, are as follows: ARCO? (1928-193.3),Union(1945-1957)1,Douglas Oil (1957--1971), and Texaco(1971-1977). The gas station was demolished and the underground storage tanks and related equipment were removed in 1979. The current restaurant}wilding was built in 1980: It appears that discharges of gasoline into the soil beneath the site occurred during operations of the gas station. The time period during which those discharges occurred is not known... The first generation underground storage tank system at the site was apparently located in the northern:portion of the property, and was operated by ARCO}and Union "fie second generation tank system was located in the southern portion,of the property;and was operated by Douglas and Texaco. Subsurface soil contamination has been. identified in both areas of the property:. The Federal Deposit Insurance Corporation("FDIC") acquired the property as the:rece ver for City Thrift and.Loan Association. In October, 1993 the FDIC;sold the property to Ms.Dolores Staudenraus. Prior to this sale, the FDIC disclosed to Ms. Staudenraus that the property was contaminated due to discharges`front the gasalne sta"tion: As part o f he sale agreement,the FM.agreed that it would continue to perform soil remediation work which was already underway, and to do so until the appropriate regulatory agency approved the discontinuation of such efforts. A copy of the Purchase and Sade. Agreement is attached-as E0ibit.2;the Agreement addresses the.: ssue of contamination in Pert Y,paragraph 19 and elsewhere throughout the document. he San loa4uin County Public Health Services department,En�[ronrnental. Health Division C PHS-EIIU'),is the local agency with responsibility fbr overseeing site investigation and remediation efforts. IL PRIME PAM`LITIGATM in July; 1992,the FDIC's predecessor in interest(City Thrift;and Loan)filed suit against Texaco,Douglas;Union and:ARCO) in an attempt to recover from them.,the costs of investigating:and remediating the contamination at the property. The case was subsequently transferred to.United States;District Court anel Bokides Petroleum; Inc., 1933 1 Itis not clear whether it was ARCO}or Union that+operated the site between `and 1945.