NVI Technical College Information

New Village Institute Page 11

3.0

USER-PROVIDED INFORMATION

VERTEX requested the following information concerning the subject property from New Village Development, LLC (User). A User Questionnaire was forwarded to the designated Client contact. The information requested in the User Questionnaire is intended to assist in gathering information that may be material to identifying RECs in connection with the subject property. Information requested included: • An evaluation of the presence of environmental cleanup liens for the subject property; • Activity and use limitations (AULs) such as engineering controls (e.g., slurry walls, caps) and land use restrictions or institutional controls (e.g., deed restrictions, covenants) that may be in place for the subject property; • Specialized knowledge that includes personal knowledge or experience related to the subject property or nearby properties based on professional experience or knowledge of the subject property; • Fair market value (FMV) to evaluate whether the purchase price of any parcel was significantly below FMV; • Obvious indicators that involve past or present spills, stains, releases, cleanups on or near the subject property; • Common knowledge about use of specific chemicals, possible contamination, or past use of the subject property and surrounding area; and • Reason for performing the ESA. Gary Beeman, a representative of New Village Development, LLC , arranged for subject property access. The purpose of this assessment was related to financing. The User has been the owner of the subject property for four years, and stated that the uses of the subject property are the same as the prior uses of the subject property – when the subject property operated as Wyotech University. He stated the subject property operations include an automotive trade school and associated automotive chemicals are used at the subject property as part of onsite operations.