May 5, 2008 - Exxon Mobil Corp. is offering financial assistance to the owners of 19 homes near its Torrance refinery because toxic chemicals have been found in the soil.
Company officials told residents at a meeting Thursday night that it is offering to buy 10 homes and giving so-called price protection on nine others. Refinery spokeswoman Carolin Keith says that means that if the home sells for less than market value, the company will pay homeowners the difference.
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