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Modified Phase I Environmental Site Assessment Addendum August 2011 Prepared for: Federal Highway Administration Colorado Department of TransportationPrepared by: Leesburg Holt & Alleging 6300 South
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How to fill out modified phase i environmental

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How to fill out a modified phase I environmental assessment:

01
Begin by gathering all necessary information and documents related to the property in question. This may include property records, previous environmental reports, and any other relevant documentation.
02
Conduct a thorough site visit to assess the current environmental conditions of the property. Take note of any potential sources of contamination, such as underground storage tanks, hazardous materials, or evidence of previous industrial activities.
03
Use the gathered information and observations to complete the modified phase I environmental assessment form. This form typically includes sections for property information, historical and current land use, potential environmental concerns, and a summary of findings.
04
Provide a detailed description of the property, including its location, size, and any notable features. This will help establish the context for the assessment.
05
Document the historical and current land use of the property, highlighting any previous or ongoing activities that may have contributed to environmental contamination.
06
Identify potential environmental concerns based on the site visit and information gathered. This may include the presence of hazardous substances, endangered species, or sensitive ecosystems in the vicinity.
07
Summarize the findings of the assessment, indicating any areas of concern or potential risks that should be addressed. Provide recommendations for further investigation or mitigation measures, if necessary.

Who needs a modified phase I environmental assessment:

01
Real estate developers: When purchasing a property for development, developers need to ensure that they are not inheriting any environmental liabilities that could impede their project or result in costly clean-up operations.
02
Lenders and financial institutions: Banks and lenders require a modified phase I environmental assessment before financing a property to assess any potential environmental liabilities that could affect the borrower's ability to repay the loan.
03
Property owners and investors: Existing property owners or investors may want to conduct a modified phase I environmental assessment to understand the potential environmental risks associated with their property and take appropriate measures to mitigate any identified issues.
04
Regulatory bodies and government agencies: Government agencies often require a modified phase I environmental assessment as part of the regulatory process for certain land use activities or permitting requirements.
05
Insurance companies: Insurers may request a modified phase I environmental assessment when underwriting a property to evaluate potential liabilities and determine appropriate coverage.
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Modified Phase I Environmental is a revised version of the Phase I Environmental Site Assessment (ESA) that evaluates the environmental condition of a property.
Property owners, developers, or potential buyers may be required to file a modified Phase I Environmental depending on the requirements of the regulatory agency or the lending institution.
To fill out a modified Phase I Environmental, one must gather information about the property's history, conduct a site visit, review public records, and analyze potential environmental risks.
The purpose of a modified Phase I Environmental is to assess potential environmental liabilities associated with a property and to identify any possible contamination that may impact the property value or pose a risk to human health.
Information that must be reported on a modified Phase I Environmental includes the property's history, past site uses, nearby land uses, environmental permits, regulatory compliance, and any known environmental issues.
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