Title
Resolution to Approve the Sartorius - 3874 Research Park Drive Redevelopment Brownfield Plan (BRC Recommendation: Approval - 2 Yeas and 0 Nays)
Memorandum
The proposed resolution would approve the Sartorius - 3874 Research Park Drive Redevelopment Brownfield Plan. Approval of this resolution will allow the Brownfield Plan to advance to the Washtenaw County Brownfield Redevelopment Authority and Washtenaw County Board of Commissioners, to authorize Tax Increment Financing (TIF) to reimburse the developer and City of Ann Arbor for eligible activities, support of the Local Site Remediation Revolving Fund (LSRRF), and administrative support to the Washtenaw County Brownfield Redevelopment Authority.
The Brownfield Review Committee, at its meeting of January 31, 2022, reviewed the Brownfield Plan, and accepted staff recommendations (attached) with the additional following modifications:
* The extension of maximum TIF capture period to 14 years.
* That the petitioner provide a summary of how the project complies with the City's A2Zero Carbon Neutrality goals
The attached Brownfield Plan dated March 15, 2022, incorporates all the recommended modification by staff and period of capture. The proposed Brownfield Plan identifies:
* The site is eligible for brownfield assistance through its designation as a "facility" as defined by the State of Michigan, particularly for the presence of PCBs at levels greater than State-established criteria. The site was previously utilized by the Federal Mogul Corporation, from 1966 to 2005, approximately.
* The Brownfield Plan would reimburse the developer for environmental-related activities totaling $145,125 including: Environmental Due Diligence, Site Control and testing; excavation, transportation, and disposal of impacted soil; and related Brownfield Plan and Work Plan preparation.
* The Brownfield Plan would reimburse the development for $1,513,586 of non-environmental activities, including: Demolition; infrastructure...
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