Sioux City, Iowa receives settlement in asbestos debris case
Sioux City, Iowa has received a $7,500 settlement from Wisconsin-based Old Republic Surety Company for asbestos-containing rubble resulting from the demolition of part of the Livestock Exchange Building. The pile of asbestos debris was discovered in 2004 when the rest of the building was demolished. The pile has been covered and fenced since 2004, and the city is awaiting EPA approval for a cleanup plan, which is estimated to cost $500,000. The company responsible for the debris is out of business with no assets to pursue; the settlement was paid with bond monies the company was required to carry to insure the work.
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