|From:||Lenny Siegel <firstname.lastname@example.org>|
|Date:||8 Aug 2006 01:52:49 -0000|
|Subject:||[CPEO-BIF] Dundee Village, Michigan gas station|
Village approves brownfield plan|
Dundee Independent (MI) August 7?, 2006
Dundee Village Council members approved a plan to clean up a contaminated area on the north side of M-50, allowing developers of the Lone Star Steak House and Saloon to be reimbursed some $5,570.
The money will come from captured taxes, which will be assessed as a result of the new building.
In addition, businesses which have approved brownfield plans are eligible to receive up to 10% of their investment as a tax credit from the state. In Lonestar’s case, this would be a $170,000 tax credit, and the company would have 10 years to use that credit, said Village Attorney Tom Russow. This state tax credit has no affect on local taxes.
The ground is contaminated with benzene and other petroleum-related substances. The contamination migrated northward from the original contaminated former gas station site on the south side of M-50, via the aquifer.
For the entire article, see http://www.dundeeonline.com/articles/40.2.2003.html
-- Lenny Siegel Director, Center for Public Environmental Oversight c/o PSC, 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 http://www.cpeo.org
_______________________________________________ Brownfields mailing list Brownfields@list.cpeo.org http://www.cpeo.org/mailman/listinfo/brownfields
Prev by Date: [CPEO-BIF] Portage, Indiana gas stations|
Next by Date: [CPEO-BIF] Trenton (NJ) school demolition
Prev by Thread: [CPEO-BIF] Portage, Indiana gas stations|
Next by Thread: [CPEO-BIF] Trenton (NJ) school demolition