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EXAMPLES <br />SrrE 1: City X is redeveloping a 6.9 acre parcel (formerly a trucking terminal) to create a new industrial park for <br />light manufacturing. The PCA determined that there is extensive petroleum contamination on the site. Since <br />petroleum does not qualify as a hazardous substance, the City applies to MC for $87,000 to pay for treatment of <br />the removed soil. <br />S1'1'E 2: The former owner of this 17.5 acre site went bankrupt, leaving the site in public hands through tax <br />forfeiture. The parcel is in a prime location, with good highway and rail access. An approved clean-up plan will <br />cost $370,000. City Y applies to DTED for 50% of the clean-up cost, pays for 12% out of 11 ' funds, and applies <br />to MC for the remaining 38% -- $140,600. <br />SITE 3: Zymogen Laboratories in City Z has recently received a very large long -term contract, and will be increas- <br />ing their workforce by 50 %, however the company will need additional space for shipping and receiving if they stay <br />at their current location. A parcel adjacent to their current site has a building on it that they could use as a ware- <br />house, but the building has deteriorating asbestos insulation. City Z applies to MC for $12,000 to match the <br />company's investment in removing the asbestos. <br />8/22/95 LCATOM.005 <br />Page 113 <br />