[CPEO-BIF] Ferndale, Michigan project receives break

[Lenny Siegel <lsiegel@cpeo.org>]

Ferndale OKs Brownfield development

By Michael P. McConnell
Royal Oak Daily Tribune (MI)
November 15, 2005

FERNDALE - The developer who plans to build a $30 million condominium
and retail complex was granted a $1.4 million Brownfield Redevelopment
tax break following a public hearing Monday.

The City Council voted unanimously to approve the tax abatement for
Woodward Avenue Lofts, which was recommended by the city's Brownfield
Redevelopment Authority.

Under state Brownfield law, developers become eligible for such tax
breaks when they clean up contaminated sites for development.
...

For the entire article, see
http://www.dailytribune.com/stories/111505/loc_brownfield15001.shtml

-- 


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
<lsiegel@cpeo.org>
http://www.cpeo.org
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