Apply for $1 million EPA grant to create cleanup loan fund for contaminated sites
Resolution 109-11
In Plain English
The city wants to create a revolving loan fund that provides money to clean up contaminated industrial sites called brownfields. The EPA grant covers the startup costs for this program. Property owners and developers can then borrow from the fund to pay for environmental cleanup, then repay the loans so the money can be used again for other sites.
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Votes
Motion · Official minutes
Approve consent calendar
4 aye · 3 nay
Why This Vote Matters
The city will apply for a $1 million federal EPA grant to create a revolving loan fund for cleaning up contaminated industrial sites. Property owners and developers would be able to borrow money from this fund to pay for environmental cleanup, then repay the loans so the money can be used again for other contaminated sites. The council approved this in a divided 4-3 vote, with Gayle McLaughlin, Jovanka Beckles, and Tom Butt voting against the measure. This marks a notable departure from these members' usual strong support for environmental initiatives.
Auto-generated context based on official minutes.
Related agenda records
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EPA Brownfield Assessment Grant application - revolving fund
Appropriation of Grant Funds Related to EPA Brownfield Revolving Loan Funds
Brownfield Revolving Loan Fund Novation Agreement
EPA Brownfields Grant - Richmond Community Foundation
EPA Brownfield Assessment Grant application