United States Environmental Protection Agency Washington, D.C. 20460 Solid Waste and Emergency Response (5101) EPA500-F-00-158 May 2000 www.epa.gov/brownfields/ EPA Brownfields Cleanup Revolving Loan Fund Pilot Roseville, MN Outreach and Special Projects Staff (5105) Quick Reference Fact Sheet EPA's Brownfields Economic Redevelopment Initiative is designed to empower states, communities, and other stakeholders in economic redevelopment to work together in a timely manner to prevent, assess, safely clean up, and sustainably reuse brownfields. A brownfield is a site, or portion thereof, that has actual or perceived contamination and an active potential for redevelopment or reuse. EPA is funding: assessment demonstration pilot programs (each funded up to $200,000 over two years), to assess brownfields sites and to test cleanup and redevelopment models; job training pilot programs (each funded up to $200,000 over two years), to provide training for residents of communities affected by brownfields to facilitate cleanup of brownfields sites and prepare trainees for future employment in the environmental field; and, cleanup revolving loan fund programs (each funded up to $500,000 over five years) to capitalize loan funds to make loans for the environmental cleanup of brownfields. These pilot programs are intended to provide EPA, states, tribes, municipalities, and communities with useful information and strategies as they continue to seek new methods to promote a unified approach to site assessment, environmental cleanup, and redevelopment. BACKGROUND Roseville is situated at the northern borders of St. Paul and Minneapolis. In this area, approximately 13 percent of the residents live below the poverty level. Federal deregulation of the trucking industry in 1980 resulted in trucking terminals located in Roseville reducing or moving their operations. In response, the City set up a tax increment financing district to help fund redevelopment. The redevelopment area of Twin Lakes includes 168 acres of underutilized and deteriorating industrial properties. To date, 58 sites (or 113 acres) have been redeveloped. The City of Roseville is a Brownfields Assessment Pilot. BCRLF OBJECTIVES The BCRLF goals are to: • Provide incentives for remediation of contamination; • Develop funding strategies to encourage lending institutions to participate in environmental cleanup projects; • Create a funding source for cleanup; PILOT SNAPSHOT Date of Announcement: May 2000 Amount: $500,000 BCRLF Target Area: Twin Lakes Redevelopment Area Roseville, Minnesota Contacts: Roseville Community Development Department (651)490-2241 Region 5 BCRLF Coordinator (312)886-7576 Visit the EPA Region 5 Brownfields web site at: www.epa.gov/region05/waste/brown/index.htm For further information, including specific Pilot contacts, additional Pilot information, brownfields news and events, and publications and links, visit the EPA Brownfields web site at: http://www.epa.gov/brownfields ------- • Provide a funding option for cleanup of the Twin Lakes Parkway right-of-way; and • Provide a funding mechanism to access Minnesota Department of Trade and Economic Development grants. Roseville's BCRLF will target the Twin Lakes Redevelopment Area with priority given to those properties that affect the proposed Twin Lakes Parkway's right-of-way. FUND STRUCTURE AND OPERATIONS The City of Roseville will act as lead agency and fund manager. Working closely with the Minnesota Pollution Control Agency through its Voluntary Investigation and Cleanup Program, the City of Roseville also will serve as site manager. LEVERAGING OTHER RESOURCES The City of Roseville is currently working with the following organizations to identify appropriate sources and uses of funds for redevelopment in Twin Lakes: the US Department of Housing and Urban Development; Ryan Companies; the Metropolitan Council; the Minnesota Department of Trade and Economic Development; the Ramsey County Economic Development Department; and the Minnesota Pollution Control Agency. The City of Roseville also is facilitating private sector involvement through a tax increment financing district. Use of BCRLF Pilot funds must be in accordance with CERCLA, and all CERCLA restrictions on use of funding also apply to BCRLF funds. Brownfields Cleanup Revolving Loan Fund Pilot Roseville, Minnesota May 2000 EPA 500-F-00-158 ------- |