The provisions of Subsection (M) of this Section to the contrary notwithstanding, no SCOD application submitted pursuant to this Section shall be approved for the develop of any property, or part thereof, located within the SCOD, where there exists identified Contaminants in the groundwater or soil thereof, until all such identified Contaminants have been properly abated, removed, contained, collected, controlled, treated, disbursed, disposed of, or otherwise cleaned-up in accordance and in conformance with all applicable Federal, State, or local environmental laws, regulations, standards, directives, orders, directives, guidelines, and/or requirements.