Number
230237
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution relative to application, acceptance, and funding of a brownfield grant application to the USEPA for Supplemental Brownfields Revolving Loan Funds for cleanup and redevelopment of various brownfields throughout the City of Milwaukee.
Analysis
Body
Whereas, the Redevelopment Authority of the City of Milwaukee is eligible for grant funds from the United States Environmental Protection Agency (USEPA) for Supplemental Brownfields Revolving Loan Funds (BRLF) for the environmental cleanup of various brownfield sites in the city; and
Whereas, the Redevelopment Authority recognizes that the remediation and redevelopment of brownfields is an important part of protecting Wisconsin’s resources and encouraging economic development in Milwaukee; and
Whereas, the Redevelopment Authority will maintain records documenting all loan contracts, and associated expenditures made during the grant period and compliance with the USEPA BRLF guidelines; and
Whereas, to comply with federal National Environmental Policy Act (NEPA) requirements and USEPA BRLF guidelines, the Redevelopment Authority must consider the advantages and disadvantages of various remedial options, consider public comments, and choose preferred remedial options for each project considered for a loan; and
Whereas, the Redevelopment Authority has determined that operation of this grant program from approximately May 1, 2023 to April 30, 2028 would cost approximately $3,000,000, of which $3,000,000 would be provided by the Grantor for Revolving Loan Funds; and
Whereas, the benefits to the Redevelopment Authority from this grant program appear to exceed the Redevelopment Authority’s share of costs and other obligations to be incurred under this program; now, therefore, be it
Resolved, By the Redevelopment Authority of the City of Milwaukee that application, acceptance, and implementation of said grant from the USEPA by the Assistant Executive Director under the terms specified above, is authorized; and be it
Further Resolved, that the proper officers of the Redevelopment Authority be and hereby are authorized and directed to enter into an agreement and/or other documents deemed necessary and agreed to by the Assistant Executive Director in order to administer loans under the BRLF.
Requestor
Drafter
David Misky
May 31, 2023