2006 CPEO Brownfields List Archive

From: Lenny Siegel <lsiegel@cpeo.org>
Date: 7 May 2006 04:40:56 -0000
Reply: cpeo-brownfields
Subject: [CPEO-BIF] River Edge Redevelopment (IL)
 
Big bucks flow to riverfront
Aurora, E. St. Louis to get state River Edge Redevelopment Initiative's $20 million


By Andre Salles
Aurora Beacon News (IL)
May 4, 2006

A new proposal that could bring million of dollars to Aurora for riverfront redevelopment passed the Illinois Senate on Wednesday and now awaits Gov. Rod Blagojevich's signature.

Aurora and East St. Louis will share in $20 million from the new River Edge Redevelopment Initiative, which offers tax incentives for businesses to develop old riverfront properties.

Many of these properties across the state are brownfields — sites which used to house industrial and commercial businesses and now require environmental cleanup before they can be developed.

Aurora has roughly a dozen of these sites ready and waiting, according to city economic development officials. State Rep. Linda Chapa LaVia, D-Aurora, helped introduce the pilot program that will put the city at the head of the line for the funding. Co-sponsored by State Sen. James Clayborne, D-East St. Louis, the pilot program establishes a five-year trial period in the sponsors' home cities, naming them the first redevelopment zones in the state.

...

For the entire article, see
http://www.suburbanchicagonews.com/beaconnews/top/2_1_AU04_RIVEREDGE_S1.htm

--
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] "Better Environmental Solutions for Trenton" (NJ)
Next by Date: [CPEO-BIF] Morristown, New Jersey PCE
  Prev by Thread: [CPEO-BIF] "Better Environmental Solutions for Trenton" (NJ)
Next by Thread: [CPEO-BIF] Morristown, New Jersey PCE

CPEO Home
CPEO Lists
Author Index
Date Index
Thread Index