Title
Resolution to Approve the Packard Square Brownfield Plan Amendment, 2502 Packard, Ann Arbor, MI 48104 (BRC Recommendation: Approval - 3 Yeas and 0 Nays)
Memorandum
Attached is a resolution to approve the Packard Square Brownfield Plan Amendment.
Approval of this resolution will allow the Packard Square Brownfield Plan Amendment to advance to the Washtenaw County Brownfield Redevelopment Authority (WCBRA) to authorize two additional eligible activities in the approved Brownfield Plan.
Petition Summary:
· The Packard Square Brownfield Plan was approved by the WCBRA on May 18, 2011.
· The requested amendment to the Brownfield Plan adds underground parking and urban storm water management to the list of eligible activities. Recent amendments to the state statute have added these categories as allowable infrastructure expenses.
· The amendment does not increase the approved maximum amount of eligible activities; the TIF will continue to be limited to $3.1 million.
· The Brownfield Plan language has been revised to limit the local-only TIF capture to the amounts approved by Council. In the past, actions subsequent to Council approval taken by MEGA and MDEQ that have limited state TIF capture have resulted in increases to local-only TIF capture.
· The proposed amendment does not alter the environmental clean up/remediation standard for the project recommended by the BRC and City Council (Resolution R-11-168) and adopted as part of Brownfield Plan in any way.
All other terms of the Brownfield Plan as approved by City Council and WCBRA remain unchanged and are incorporated into the Amendment.
The Brownfield Redevelopment Committee, at its meeting of May 28, 2013, recommended approval of this request.
Attachment: Amendment to Brownfield Plan, May 22, 2013
Staff
Submitted by: Brownfield Review Committee: Councilpersons Higgins, Petersen, and Kunselman
Prepared By: Jeff Kahan, City Planner
Reviewed By: Wendy L. Rampson, Planning Manager
Sumedh Ba...
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