Proposed CERCLA Administrative Cost Recovery Settlement: Peabody Street Asbestos Superfund Site, Salem, Massachusetts

Notice is hereby given of a proposed administrative settlement for recovery of past response costs concerning the Peabody Street Asbestos Superfund Site, located in Salem, Essex County, Massachusetts with the settling parties Massachusetts Electric Company and National Grid USA. The proposed settlement requires the settling parties to pay $850,000, plus interest, to the Hazardous Substance Superfund. In exchange, EPA will provide the settling parties a covenant not to sue. The settlement has been approved by the Environmental and Natural Resources Division of the United States Department of Justice. For 30 days following the date of publication of this notice, the Agency will receive written comments relating to the settlement for recovery of response costs. The Agency will consider all comments received and may modify or withdraw its consent to this cost recovery settlement if comments received disclose facts or considerations which indicate that the settlement is inappropriate, improper, or inadequate. The Agency's response to any comments received will be available for public inspection at the Salem Public Library, 370 Essex Street, Salem, MA 01970 and at the Environmental Protection Agency--Region I, 5 Post Office Square, Suite 100, Boston, MA 02109-3912.