Summary - Redevelopment of Brownfields

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" rowspan="2" width=210 BGCOLOR="#99CC99" TEXT="#080000" bgproperties="fixed" background="03e8dfc3.jpg"> <div> <A HREF="id125.htm" TARGET="_top" TITLE="Board of Directors"><B>Board of Directors</B></A></div> <div> <A HREF="id2.htm" TARGET="_top" TITLE="Meetings"><B>Meetings</B></A></div> <div> <A HREF="id122.htm" TARGET="_top" TITLE="CEDS"><B>CEDS</B></A></div> <div> <A HREF="id66.htm" TARGET="_top" TITLE="Scenario Planning"><B>Scenario Planning </B></A></div> <div> <A HREF="id80.htm" TARGET="_top" TITLE="Task Team"><B>Task Team</B></A></div> <div> <A HREF="id117.htm" TARGET="_top" TITLE="Regional, State Federal Links Docs"><B>Regional Plans </B></A></div> <div> <A HREF="id65.htm" TARGET="_top" TITLE="Regional Links NW CT"><B>Links</B></A></div> <div> <A HREF="id39.htm" TARGET="_top" TITLE="ByLaws"><B>By-Laws</B></A></div> <div> <A HREF="id6.htm" TARGET="_top" TITLE="Contact"><B>Contact</B></A></div> <bR> <div> <B>CEDS Sponsors:</B></div> <bR> <div> <A HREF="id125.htm" TARGET="_top" TITLE="Board of Directors"><I><U>Platinum Sponsor</U></I></A></div> <div> <B>Borghesi Building & Engineering</B></div> <bR> <div> <I><U>Silver Sponsors</U></I></div> <div> <B>Bicron Electronics</B></div> <div> <B>CEDAS</B></div> <div> <I>(CT Econ. 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June 30, 2008)</I></div> <bR> <div> <B><U>NW CT EDC Goal:</U></B> </div> <div> -  Develop long range strategic plans for a healthy, sustainable economic environment for NW CT.</div> <bR> <div> <B><U>Task Team Goals:</U></B><U> </U></div> <div> -  Develop a long term (10-20 years) comprehensive plan which benefits the entire region.</div> <div> -  Develop long range strategic plans for a healthy, sustainable economic environment for NW CT.</div> <bR> <div> <B><U>Guiding Principles:</U></B></div> <div> Brownfields are underutilized or abandoned properties with known or suspected contamination.</div> <div> Brownfield sites are frequently in limbo because of the unknown extent of clean up costs and liability.</div> <div> Brownfield redevelopment is a high priority for most urban municipalities.</div> <div> There are many challenging issues related to the clean-up and redevelopment of Brownfield sites which can often be very confusing and very expensive.</div> <div> The redevelopment of Brownfield sites is a high priority with both “Smart Growth” and “Responsible Growth” advocates.</div> <div> The state of Connecticut views the redevelopment of Brownfields and the acquisition of open space as policies promoting smart growth and/or responsible growth while discouraging sprawl.</div> <div> Brownfield advocates endorse equal funding for both Brownfields redevelopment and open space acquisition as methods for limiting sprawl.</div> <div> The most important goal is to limit the liability for new buyers of Brownfields properties.</div> <div> The second most important goal is to redevelop Brownfield sites in a manner consistent and complementary with their surroundings.</div> <div> Another major goal is to increase the tax value of the property, while not negatively impacting neighboring properties.</div> <bR> <div> <B><U>Suggested Overall Strategies</U></B></div> <div> Because Brownfield redevelopment is more complicated than normal real estate transactions, the goals should be to reduce uncertainty and limit risk as much as possible.</div> <div> Employ services of a consultant to assist in navigating through the myriad levels of state and federal regulations and agencies.</div> <div> Prioritize and identify Brownfield properties most suitable for redevelopment.</div> <div> Work closely with municipalities and adjoining property owners to insure a positive experience for all stakeholders.</div> <div> Strive to clean all contaminated sites within the NW CT region to enhance the health and welfare of all.</div> <div> Create plan or design of the finished project - work backwards to complete.</div> <div> Know all of the costs associated with the redevelopment of the site including assessment, cleanup, monitoring, and legal expenses.  <I>(Frequently defined using a range of anticipated costs.)</I></div> <div> Identify all of potential issues before proceeding - share issues with state agencies.</div> <div> Projects must have an intended sustainable outcome - i.e. jobs & taxes, social return.</div> <div> Proposed solutions must satisfy state and federal agencies, investors, neighbors, and local officials.</div> <bR> <DIV ALIGN="LEFT"></DIV> <div> <B><U>Components</U></B></div> <div> <B><U>Assessment</U></B></div> <div> Phase I - assessment <I>(site history, identify areas of concern)</I></div> <div> Phase II - sampling of soil and ground water</div> <div> Phase III - additional sampling to further define "Areas of Concern"</div> <div> Conceptual Remedial Action Plan - defines probable range of clean up costs for a projected reuse</div> <div> Remedial Action Plan - specific scope of work for clean up for an approved reuse.  There are additional aspects of assessments such as the "Site Characterization Document."</div> <bR> <div> <B><U>Site Management</U></B></div> <div> Licensed Environmental Professional (LEP) - in many instances can determine site conditions and appropriate remedy.  Designs the Scope of Work to be performed under the assessments.</div> <div> State supervision - in certain circumstances, such as Transfer Act sites, the State reviews the assessment and conclusions before allowing the site to be managed by a LEP.</div> <div> Remedial decisions are based on the match of site conditions to the Remedial Standard Regulations (RSRs)</div> <div> Two main drivers of management are human health exposure and pollutant mobility  </div> <bR> <div> <B><U>Liability</U></B></div> <div> Property owners have liability, which remains an impediment to reuse</div> <div> There are multiple ways to address and manage some of the risks including</div> <div> Voluntary Compliance program</div> <div> Covenant Not To Sue </div> <div> Environmental Land Use Restriction (ELUR)</div> <div> Insurance</div> <bR> <div> <B><U>Sources of Funding - Resources:</U></B></div> <div> Local, state and federal grants - various agencies</div> <div> Private investors</div> <div> Non-profit organizations</div> <div> Factors: lead time, good scientific techniques, well defined outcome</div> <bR> <div> <FONT SIZE="2" COLOR="#000000" FACE="Arial" ><I>Very special thanks to</I></FONT><I> </I><A HREF="mailto:abogen@downtoearthconsulting.com" TARGET="_top" TITLE="mailto:abogen@downtoearthconsulting.com"><I>Arthur Bogen</I></A><I> (</I><A HREF="http://downtoearthconsulting.com/" TARGET="_top" TITLE="http://downtoearthconsulting.com/"><I>Down to Earth - Consulting Solutions</I></A><I>) </I><FONT SIZE="2" COLOR="#000000" FACE="Arial" ><I>for providing an incredible amount of information!  Arthur is now serving as a consultant for NWCTEDC.</I></FONT></div> <bR> <div> <I><B><U>Related Articles/Links:</U></B></I></div> <bR> <div> <A HREF="http://www.ctbrownfields.gov/ctbrownfields/site/default.asp" TARGET="_top" TITLE="http://www.ctbrownfields.gov/ctbrownfiel"><B>CT Office of Brownfield Remediation and Development</B></A></div> <bR> <div> <A HREF="http://www.epa.gov/region1/brownfields/index.htm" TARGET="_top" TITLE="http://www.epa.gov/region1/brownfields/i"><B>Brownfields in New England</B></A><B> </B><FONT SIZE="2" COLOR="#000000" FACE="Bangle" ><I>(U.S. EPA, Region 1)</I></FONT></div> <bR> <div> <A HREF="http://www.ct.gov/ecd/site/default.asp" TARGET="_top" TITLE="http://www.ct.gov/ecd/site/default.asp"><B>CT Department of Economic and Community Development</B></A><B> </B><FONT SIZE="2" COLOR="#000000" FACE="Bangle" >(DECD)</FONT></div> <bR> <div> <A HREF="http://www.ctcda.com/CMSLite/Default.asp?CMSLite_Page=21&Info=Brownfields+Redevelopment" TARGET="_top" TITLE="http://www.ctcda.com/CMSLite/Default.asp"><B>Connecticut Development Authority</B></A><B> </B><FONT SIZE="2" COLOR="#000000" FACE="Bangle" >(CDA)</FONT></div> <bR> <div> <A HREF="http://www.ct.gov/dep/search/search.asp?qu=brownfields" TARGET="_top" TITLE="http://www.ct.gov/dep/search/search.asp?"><B>Department of Environmental Protection</B></A><B> </B><FONT SIZE="2" COLOR="#000000" FACE="Bangle" >(CT DEP)</FONT></div> <bR> <div> <A HREF="http://www.ct.gov/dep/cwp/view.asp?a=2715&q=324930" TARGET="_top" TITLE="http://www.ct.gov/dep/cwp/view.asp?a=271"><B>Brownfields Sites in CT</B></A><B> </B><FONT SIZE="2" COLOR="#000000" FACE="Bangle" >(CT DEP)</FONT></div> <bR> <div> <A HREF="http://www.ctbrownfields.com/index.html" TARGET="_top" TITLE="http://www.ctbrownfields.com/index.html"><B>Connecticut Brownfields Redevelopment Authority</B></A></div> <bR> <div> <A HREF="http://www.brownfieldassociation.org/" TARGET="_top" TITLE="http://www.brownfieldassociation.org/"><B>National Brownfield Associations</B></A></div> <bR> <div> <FONT SIZE="2" COLOR="#006600" FACE="Bangle" ><A HREF="http://nemo.uconn.edu/" TARGET="_top" TITLE="http://nemo.uconn.edu/"><B>NEMO Program</B></A></FONT> <I>(Non-point Education for Municipal Officials - UConn)</I></div> <bR> <div> <A HREF="http://www.epa.gov/brownfields/about.htm" TARGET="_top" TITLE="http://www.epa.gov/brownfields/about.htm"><B>U.S. Department of Environmental Protection (EPA) - Brownfields</B></A></div> <bR> <div> <I><B>Issues identified during Scenario Planning (March 28 & April 28, 2009):</B></I></div> <DIV ALIGN="LEFT"></DIV> <div> <TABLE BORDER="1" CELLPADDING="1" CELLSPACING="1" WIDTH="505" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ROWS" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP HEIGHT= 18 ><NOBR><div> Converting old structures to appealing places to work.</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 35 WIDTH="497"><div> State policy re: incentives for new businesses.  Only for manufacturing.  E.g., does NOT encourage entrepreneurs.</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="497"><div> Loss of manufacturing jobs</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Brownfield issues</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Environmental regs. and concerns</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Limited industrial sites</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Unpredictable and unfavorable tax structure</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> National issues</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Limitations and/or aging infrastructure</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Increased government regulation</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Infrastructure – adequate now? future?</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Availability of investment capital</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Attracting companies to spark economic growth</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 35 WIDTH="497"><div> How do we ensure that we coordinate our efforts to get the area’s fair share of resources</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Economic incentive for new or existing businesses</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Attitudes of community about development</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 WIDTH="497"><div> Availability of land</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 18 ><NOBR><div> Loss of State and Federal representation due to shrinking population</div> </NOBR></tD> </tR> </TABLE></div> <div> <A HREF="id80.htm" TARGET="_top" TITLE="Task Team"><B>TASK TEAM</B></A></div> </tD> </tR> </TABLE></U></B></div> <bR> </td> </tr></table></body>