/r^. Brownfields 2000 Revolving Loan Fund Pilot IW * Fact Sheet Berlin, CT 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 Berlin is a small suburban town located in central Connecticut. Typical of many smaller New England communities, Berlin has identified a number of brownfields sites. The Town is surrounded by four cities and towns designated by the State as distressed "Enterprise Zone" communities. The Town will serve as a model for the administration of brownfields redevelopment by a small community. Berlin has long been industrialized and has numerous idle, abandoned, or underutilized sites. Many of the brownfields sites are in prominent locations that are having a blighting influence on the community. The Town has developed some innovative mechanisms to encourage site investigation, remediation, and redevelopment. It is one of the first communities in the State to sell tax liens on brownfields sites. Pilot Snapshot Date of Announcement: 05/01/2000 Amount: $500,000 Profile: Sites throughout the Town of Berlin 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 1 Brownfields Team (617)918-1424 EPA Region 1 Brownfields Web site (http://www.epa.gov/regionl/brownfields) Grant Recipient: Town of Berlin,CT (860) 828-7005 Objectives Berlin will use its BCRLF Pilot for gap financing. The Town also intends to contribute employment opportunities to the regional economy including making jobs available to residents of Berlin and contiguous Enterprise Zone communities. Potential sites for BCRLF loans include the former National Automatics Products Company (NAPCO) property, the former Circuits, Inc. site, the Christian Lane site, and two tax delinquent properties that the Town is monitoring. Activities Fund Structure and Operations The Town of Berlin's Economic Development Department will serve as lead agency. Other participating town entities will include the Fire Marshal, the Finance Department, the Department of Development Services, and the Town Attorney. The US Army Corps of Engineers will serve as site manager. The Town will hire a Connecticut-licensed environmental professional to work with the Corps of Engineers. A fund manager will be selected by United States c Environmental anri Fmpflpn™ EPA 500-F-00-139 nil- a ancl Emergency .. __ Protection Agency Response (5105T) MaV00 Washington, DC 20450 ^ v ' ------- competitive bid. It is anticipated that three to four loans will be made with the initial capitalization. Berlin will complement the BCRLF program with additional town services and administrative contributions. In the past, the Town has sold tax liens at a discount and reduced the assessment on properties during investigation and cleanup periods to support brownfields remediation. The Town will continue to make this investment in properties to stimulate brownfields property reuse. 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-00-139 May 00 ------- |