In February 2014, LEI prepared Brownfield Plan Amendments (BPAs) for commercial redevelopment projects in the City of Grand Haven and Grand Haven Township. These redevelopment projects require LEI to prepare environmental liability protection documents, complete response activities, and demolition oversight. Both BPAs were approved by respective Brownfield Authorities and units of government, enabling the capture of local tax increment revenues for reimbursement of eligible activities under the Brownfield Redevelopment Financing Act, Act 381 of 1996, as amended.
In addition, LEI has prepared and submitted Act 381 Work Plans to the Michigan Department of Environmental Quality for approval of state tax capture for reimbursement of eligible activities.
Redevelopment of these Brownfields involves significant private investment, which will improve the aesthetic and environmental condition of these properties, increase the tax base for these units of government, create jobs, and encourage community revitalization.