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08-22-1996
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08-22-1996
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7/25/2022 2:49:22 PM
Creation date
8/1/2018 6:48:03 AM
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MV EDC
EDC Document Type
Packets
Date
8/22/1996
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WHAT IS A HAZARDOUS SUBSTANCE SUBDISTRICT ? <br /> 410 <br /> A. Qualifying <br /> parcels for which there is a state-approved development <br /> action response plan and the for which an agreement has been <br /> entered into for removal actions or remedial actions . <br /> B. TIF Expenditures <br /> - removal or remedial actions due to hazardous <br /> substances, pollutants, contaminants or petroleum <br /> releases <br /> - pollution testing <br /> - demolition <br /> - soil compaction correction <br /> - administrative and legal costs <br /> - PCA review and approval of the development response <br /> action plan <br /> C. Duration <br /> 25 years from commencement of the extended period or the <br /> time necessary to recover the costs of removal/remedial <br /> actions <br /> D. Pooling - 20% <br /> E. LGA/HACA Election - 5 . 0%; 0 . 0% if qualified <br /> 410 <br /> CASSERLY MOLZAHN & ASSOCIATES, INC. 6/10/96 <br />
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