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November 14, 2023 File: PE4576LET.01Maple Leaf Custom Homes 2013 Old Carp Road Carp, Ontario K0A 1L0 Attention:Mr. Brian SaumurSubject:Phase IEnvironmental Site Assessment Update 1104 Halton Terrace
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How to fill out phase i-environmental site assessment

01
Gather Preliminary Information: Collect data on the property's current and past uses, ownership history, and any previous assessments.
02
Conduct a Site Visit: Visit the property to observe current conditions, identify potential contamination sources, and assess surrounding properties.
03
Review Historical Records: Examine historical maps, aerial photos, and other documents to understand the site’s past activities.
04
Identify Potential Environmental Concerns: Look for evidence of hazards such as underground storage tanks, hazardous materials, and waste disposal sites.
05
Assess Regulatory Requirements: Investigate local, state, and federal regulations that may affect the property.
06
Compile Findings: Organize and document all findings, observations, and data in a clear and structured report.
07
Provide Recommendations: Offer suggestions for further investigation or remediation if necessary.

Who needs phase i-environmental site assessment?

01
Property Buyers: Those purchasing real estate to ensure the property is free from environmental liabilities.
02
Lenders: Financial institutions may require an assessment before approving loans for property acquisition.
03
Developers: Companies planning to develop land need to assess environmental risks to avoid future liabilities.
04
Current Property Owners: Owners seeking to understand the environmental status of their property before selling.
05
Government Agencies: Agencies conducting site assessments for regulatory compliance or environmental restoration projects.
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A Phase I Environmental Site Assessment (ESA) is a report conducted to identify potential or existing environmental contamination liabilities on a property. It involves a review of historical and current property use, site inspection, and interviews to assess potential risks associated with the property.
Typically, entities such as commercial real estate buyers, lenders, and developers are required to file a Phase I Environmental Site Assessment before acquiring, financing, or developing a property to ensure due diligence and identify potential environmental risks.
Filing a Phase I Environmental Site Assessment involves hiring a qualified environmental professional to conduct the assessment. The professional will gather and evaluate relevant data, conduct site visits, and compile findings into a report which must include specific categories such as physical setting, user-characteristics, and past site activities.
The purpose of a Phase I Environmental Site Assessment is to prevent future liabilities and provide an overview of potential environmental risks associated with a property. It helps stakeholders understand the environmental conditions of a property prior to transaction or development.
The report must include information about the property's historical use, findings from the site inspection, interviews with knowledgeable parties, environmental databases review, and conclusions regarding potential contamination or need for further assessment (such as a Phase II ESA).
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