Dept/ Agency: Law Action: (X) Ratifying (X) Authorizing ( ) Amending Purpose: First Amendment to the Settlement Agreement regarding the remediation of soils at the Ironbound Recreation Football Fields Docket No.:N/A Claimant: CNA Holdings, LLC., successor to HNA Holdings, Inc., f/k/a Hoechst Celanese Corporation Claimant's Attorney: John A. King, Esq., Assistant General Counsel Attorney's Address: Celanese Corporation, 222 W. Las Colinas Boulevard, Suite 900N, Irving, Texas 75039 Settlement Amount: $1,668,000.00 Funding Source: Various CDBG funds - see attached list with funding codes Additional Comments: Settlement Agreement and Release was approved by the Municipal Council on September 26, 2017 7R6-b(s/as) First Amendment to the Agreement regarding the remediation of soils at the Ironbound Recreation Football Fields. Amending Agreement increases costs associated with the remediation obligations and redevelopment of the fields to include improvements to the bleachers and installation of a press box; additional costs associated with the removal of all soils belonging to or contaminated by the soil stockpiles located on the site at the time the original Agreement was entered on September 26, 2017; and to reimburse CNA for any and all costs over $100,000.00 incurred by CNA during the completion of work described in the Final Integrated Design and Appendix A. Invitation: Corporation Counsel