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Lead Based Paint <br /> Prior to 1978, certain paints contained lead. Due to the age of the structure, the painted surfaces <br /> are suspected to contain lead. <br /> Ozone Depleting Chemicals <br /> The building is served by an air-conditioning system. Regulated ozone-depleting chemicals (e.g. <br /> freon) may be present in these units. It could not be determined at the time of the visit whether <br /> these units contained ozone-depleting chemicals, however, given the age of the building at the <br /> Property they are suspected to be present. The units appeared in good condition overall at the <br /> time of the survey. Only certified personnel should service or remove these units. <br /> Utilities <br /> Mr. Kleckner stated that a cable runs along the north side of the building. Electrical <br /> transformers owned by the Elk River municipal utilities were observed overhead on the north <br /> side of the office building. These connect to pole mounted electrical transformers adjacent to <br /> the Property. <br /> Old Foundations <br /> Evidence of an old foundation was observed west of the garage. A metal pipe cut off flush with <br /> ground surface was apparent within this old foundation area. <br /> 5.0 CONCLUSIONS <br /> Work performed for this Phase One Environmental Site Assessment included review of state, <br /> county, and municipal information on the Property, a walk-over survey of the Property to <br /> identify any readily-apparent environmental concerns on or adjacent to the Property, review of <br /> historical data for the Property utilizing aerial photographs, USGS topographic maps, Sanborn <br /> Fire Insurance Company maps and a review of well log files. Liesch has performed a Phase <br /> One Environmental Site Assessment in conformance with the scope and limitations of ASTM <br /> Practice E 1527 for 812 Main Street, 307 King Avenue and 317 King Avenue, Elk River, <br /> Minnesota ("the Property"). This assessment has revealed no evidence of recognized <br /> environmental conditions with the Property. <br /> However, Liesch observed the following items of environmental note which may require existing <br /> or future environmental compliance activities: <br /> • Possible asbestos-containing materials exist in the three main structures on the Property. <br /> r <br /> B.A.LIESCH ASSOCIATES,INC. <br /> May 1996 Hydrogeologists•Engineers•Environmental Scientists •Page I3• <br /> • <br />