California Code of Regulations › Title 4 - Business Regulations › Division 11 - California Pollution Control Financing Authority › Article 6 - Environmental Assessment › Section 8060 - Environmental Assessment

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
An environmental assessment shall consist of completion of
				  the following form (Revision 3/92):
Applicant:
Applicant's address:
Address of property for which this Environmental Assessment
				  is being completed (property which shall be the security for loans, or if none,
				  property where the project will be located) (the "Subject Property"):
List the street address, use & ownership interest in any
				  other property owned by Applicant (e.g. 100 Main Street, Los Angeles, 3 year
				  rental as warehouse space):
Name(s) of Individual(s) completing this questionnaire, their
				  position(s) with the Applicant, the responsibilities and duties in this
				  position(s), and their tenure with Applicant:
The following questions are necessary to provide the
				  California Pollution Control Financing Authority (the "Authority"), its staff,
				  and/or any entities contracting with the Authority in connection herewith (the
				  "Coordinator") with information concerning the environmental condition of the
				  Subject Property. The Authority or the Coordinator will require the person(s)
				  completing this statement to certify that the statement is true and constitutes
				  an accurate account of all known environmental matters related to the Subject
				  Property and its vicinity. The Authority or the Coordinator will rely on these
				  answers as knowing representations of the Subject Property's condition.
The questions should be answered by one or more persons who
				  are most knowledgeable about the Subject Property. Such persons will be
				  expected to conduct a "reasonable inquiry." The term "reasonable inquiry" shall
				  include a thorough examination of the Subject Property and all property records
				  in the Applicant's possession or reasonably available to the Applicant, as well
				  as all matters into which Applicant has inquired for any purpose, or has had
				  the right or duty to inquire into, supervise or monitor. "Reasonable inquiry"
				  shall not require an environmental audit or the hiring of a consultant to
				  respond to these questions or a title search of County property records.
The Authority or the Coordinator may conduct an independent
				  investigation of the answers supplied in this statement at the Applicant's
				  expense. If such an investigation reveals problem areas not disclosed in this
				  statement, the loan decision may be delayed.
The Authority's or the Coordinator's provision of or reliance
				  on this statement shall not constitute a commitment to lend funds, nor shall it
				  limit the Authority's or the Coordinator's right to conduct a site
				  investigation at the Applicant's expense prior to issuing a loan
				  commitment.
The Applicant should disclose all known existing or potential
				  environmental issues when answering the following questions. The Authority or
				  the Coordinator is aware that businesses which will apply for the loan program
				  generate Hazardous Material. When fully disclosed, the existence of Hazardous
				  Material on the Subject Property will not necessarily result in an automatic
				  loan denial. The Authority or the Coordinator, in its sole discretion, shall
				  consider other factors as listed in the regulations when determining whether
				  the proposed loan meets the program's goals and the Authority's or the
				  Coordinator's acceptable liability risk.
Exhibit A contains definitions of the terms used in this
				  statement which will aid the Applicant in determining the scope of each
				  question.
If insufficient space is provided for your response, provide
				  an attachment to the questionnaire and label the attachment with the number of
				  the question you are continuing to answer.
A. SCOPE OF APPLICANT'S "REASONABLE INQUIRY"
1. Have you conducted an investigation of the
				Subject Property, including any records or employees' knowledge concerning the
				Subject Property in preparing your responses to these questions?
Yes
No
If yes, state how this inquiry was conducted and what issues
				  and sources were examined: