Huge, hazardous-waste site slated to be cleaned up with novel arrangement

The sales pitch may not describe the ideal property, but an uncommon financial arrangement is drawing offers with sufficient money to cover the cost of a complete environmental cleanup. The deal could be sealed later this year.

Ordinarily, when the owner of a toxic site disappears or goes broke in Georgia, state taxpayers get stuck with the cleanup costs. There are so many waiting to be addressed, more than 60 around the state, that correcting the environmental damage is put off for years.

Michael Ori