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09-28-1995
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09-28-1995
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8/20/2018 6:19:11 AM
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MV City Council
City Council Document Type
City Council Packets
Date
9/28/1995
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...z-.).- e.k <br /> 4. II II :a <br /> ill IA I ; • <br /> riot <br /> Et! Ej. <br /> EXAMPLES <br /> SITE 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 /> SUE 2:The former owner of this 17.E 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 1.11h 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 /> lIl <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 /> 8/2'/95 LCATOM.005 <br /> III <br />
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