2008 CPEO Brownfields List Archive

From: Lenny Siegel <lennysiegel@gmail.com>
Date: Thu, 31 Jan 2008 09:02:52 -0800 (PST)
Reply: cpeo-brownfields
Subject: [CPEO-BIF] Holland, Michigan incentives
City will re-evaluate brownfield incentives

Holland Sentinel (MA)
January 30, 2008

The city of Holland plans to re-evaluate the incentives it offers to 
developers who deal with obsolete or contaminated properties, officials 
said Tuesday.

Under current policy, the city reimburses developers for interest they 
pay to start a project to redevelop these properties, called 
"brownfield" zones. Brownfield redevelopment is a way to encourage 
developers to take a chance on the properties, even if there is a high 
startup cost.

For 12 brownfield projects in the city, the city is obligated to pay 
around $6.8 million in interest payments and officials worry about 
adding to that obligation.


For the entire article, see


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918

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