Just wondering if anyone has experience with the rules for removal of old fuel storage tanks. I'm considering purchasing a piece of property that was an old Phillips station back in the day. There is a very good chance that the underground tanks are still on the property. The place hasn't sold fuel since at least the mid sixties, the old building and a couple of the old rental cabins are still standing, but in very rough condition.
My question is does anyone have an idea what all would have to be done to buy a place like this. I've heard that banks won't lend any money if the tanks are still there, and what kind of costs are associated with removing the tanks. I looked on the MO DNR web site a little earlier today, but didn't have time to fully research it, yet. I thought that maybe someone here may have some personal experience.
Thanks,
Tony
