w5 Brownfields 2000 Revolving Loan Fund Pilot Fact Sheet Roseville, MN EPA Brownfields Initiative EPA's Brownfields Program empowers states, communities, and other stakeholders to work together to prevent, assess, safely clean up, and sustainably reuse brownfields. A brownfield site is real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. On January 11, 2002, President George W. Bush signed into law the Small Business Liability Relief and Brownfields Revitalization Act. Under the Brownfields Law, EPA provides financial assistance to eligible applicants through four competitive grant programs: assessment grants, revolving loan fund grants, cleanup grants, and job training grants. Additionally, funding support is provided to state and tribal response programs through a separate mechanism. 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. Pilot Snapshot Date of Announcement: 05/01/2000 Amount: $500,000 Profile: Twin Lakes Redevelopment Area Contacts For further information, including specific grant contacts, additional grant information, brownfields news and events, and publications and links, visit the EPA Brownfields Web site (http ://www .epa.gov/brownfields). EPA Region 5 Brownfields Team (312)886-7576 EPA Region 5 Brownfields Web site (http://www.epa.gov/R5Brownfields) Grant Recipient: City of Roseville, MN (651)490-2241 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; • 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. Activities Fund Structure and Operations The City of Roseville will act as lead agency and fund United States c Environmental anri Fmpflpn™ EPA 500-F-00-158 nil- a ancl Emergency .. __ Protection Agency Response (5105T) MaV00 Washington, DC 20450 ^ v ' ------- 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. 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. The information presented in this fact sheet comes from the grant proposal; EPA cannot attest to the accuracy of this information. The cooperative agreement for the grant has not yet been negotiated. Therefore, activities described in this fact sheet are subject to change. United States Environmental Protection Agency Washington, DC 20450 and Emergency Response (5105T) Solid Waste EPA 500-F-00-158 May 00 ------- |