Fiscal Note
The 2012 Executive Capital Budget of the Department of Planning and Community and Economic Development provides for $5.7 million in funding for the redevelopment of the Capitol Gateway Corridor, which includes the property within the 800 North Block of East Washington Avenue (project. No. 3, "TID 36 - Capitol Gateway Corridor," Account No. 823601). $80,000 of this funding may provide the required City match to leverage a potential $400,000 in brownfield grant monies. No additional appropriation is required.
Title
Authorizing the application and acceptance of a $400,000 EPA Assessment Grant to fund the inventory, environmental assessment, and remediation planning for brownfield properties throughout the City, focusing on the target areas identified through the City’s BREWD program; and authorizing the application and acceptance of two (2) $200,000 EPA Cleanup Grants to fund the environmental cleanup of city-owned property within the 800 North Block of East Washington Avenue.
Body
WHEREAS, the United States Environmental Protection Agency (“EPA”) has available the following two competitive brownfield grants:
1. Assessment Grants to fund the inventory, environmental assessment, and remediation planning for brownfield properties
2. Cleanup Grants to fund the remediation of brownfield properties owned by the City of Madison; and,
WHEREAS, the City of Madison had previously identified three target areas of the City where brownfield remediation was desired through its Brownfields Remediation/Elimination & Workforce Development (“BREWD”) Program; and,
WHEREAS, the City could qualify for an Assessment Grant of up to $400,000, with no required local cost-share, to further inventory, assess, and plan for the remediation of brownfield properties within the three target areas; and,
WHEREAS, the City is aware of brownfield cleanup needs within the 800 North Block of E. Washington Avenue currently under ownership of the City; and,
WHEREAS, Cleanup Gra...
Click here for full text