[Federal Register: March 13, 2001 (Volume 66, Number 49)]
[Notices]               
[Page 14595]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr13mr01-105]                         

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DEPARTMENT OF JUSTICE

 
Notice of Lodging of Settlement Agreement Under Comprehensive 
Environmental Response, Compensation and Liability Act

    In accordance with Departmental policy, 28 CFR 50.7, notice is 
hereby given that a proposed Settlement Agreement in In re Beloit 
Corporation, C.A. No. 99-2177 (Bnkr. Ct. Del.), was lodged on March 5, 
2001, with the United States Bankruptcy Court for the District of 
Delaware. The Settlement Agreement resolves the United States' claims 
against the Beloit Corporation (``Beloit'') with respect to past 
response costs incurred and future costs to be incurred, pursuant to 
Section 107 of the Comprehensive Environmental Response, Compensation 
and Liability Act, 42 U.S.C. 9607, in connection with the clean-up of 
the O'Brien Machinery Site (``Site''), located in Downington, 
Pennsylvania.
    Under the Settlement Agreement, Beloit has agreed to give EPA, a 
general unsecured creditor, an allowed claim in the amount of 
$280,000.00 in reimbursement of response costs incurred in connection 
with the Site. Beloit will pay the allowed claim on the same basis as 
it pays the allowed claims of all other unsecured creditors.
    The Department of Justice will receive, for a period of 30 days 
from the date of this publication, comment relating to the proposed 
Settlement Agreement. Comments should be addressed to the Acting 
Assistant Attorney General for the Environment and Natural Resources 
Division, Department of Justice, Washington, D.C. 20530, and should 
refer to In re Beloit Corporation, DOJ Reference No. 90-11-2-207/4.
    The proposed Settlement Agreement may be examined at the Office of 
the United States Attorney, Chemical Bank Plaza, 1201 Market Street, 
Suite 1100, Wilmington, Delaware 19899; and the Region III Office of 
the Environmental Protection Agency, 1650 Arch Street, Philadelphia, 
Pennsylvania 19103. A copy of the proposed Settlement Agreement may be 
obtained by mail from the Department of Justice Consent Decree Library, 
P.O. Box 7611, Washington, D.C. 20044. In requesting a copy, please 
refer to the referenced case and enclose a check in the amount of $2.75 
(.25 center per page production costs), payable to the Consent Decree 
Library.

Robert D. Brook,
Assistant Section Chief, Environmental Enforcement Section, Environment 
and Natural Resources Division.
[FR Doc. 01-6231 Filed 3-12-01; 8:45 am]
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