Environmental
A Connecticut property was used as a dry-cleaning facility 20 years ago. A Phase I ESA reveals the former use. The lender requires a Phase II ESA. A Phase II ESA involves:
AA review of historical records and aerial photographs only
BSoil and groundwater sampling and laboratory analysis to detect and quantify contamination✓ Correct
CA full remediation plan and cost estimate
DAn environmental impact statement filed with DEEP
Explanation
A Phase II ESA moves beyond the records review and site inspection of a Phase I to actually sample soil, groundwater, and other media to detect and measure contamination. Laboratory analysis confirms whether contamination is present and at what levels.
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