EDR Collateral Screen problem with loan

[Amy A.]

I'm refinancing a 5 unit apartment building and the bank just started doing "EDR Collateral Screening". I think EDR stands for "Environmental Data Resources". The result is quoted below:

" EDR collateral screen outlines (5) reports of leaking aboveground storage tanks and (1) record of an underground storage tank incident within 1/8 mile of subject property. Lender to follow up on the status of these matters and compile a memo for the file. Details such as the distance our subject property is away from the reported incidences along with the water source in the area should be mentioned. If any concerns arise from Lender’s review of these items, they must be properly discussed and vetted to move forward with this loan approval."

Has anybody dealt with this before? The building is on public water, so no danger of well contamination. Most buildings in Maine are heated with oil, so leaks are not unusual. The lender hasn't dealt with this before, since it's a new policy. I'd like to help him resolve it, since I want to close soon.