File #: R-2015-0213    Version:
Type: Resolution Status: Adopted
File created: 10/6/2015 In control: Administration and Finance Committee (INACTIVE)
On agenda: 10/6/2015 Final action: 10/6/2015
Title: Resolution approving an additional $20,000 U.S. EPA Revolving Loan Fund Subgrant from the City of West Allis to the Community Development Authority of the City of West Allis for the property located at 1445-1501 S. 113 St.
Sponsors: Administration and Finance Committee (INACTIVE)
Attachments: 1. Amendment to the Agreement (Signed Copy) 3-15-16, 2. R-2015-0213 signed
Title
Resolution approving an additional $20,000 U.S. EPA Revolving Loan Fund Subgrant from the City of West Allis to the Community Development Authority of the City of West Allis for the property located at 1445-1501 S. 113 St.

Body
WHEREAS, the City of West Allis ("City") received a $1,000,000 Brownfields Cleanup Revolving Loan Fund ("RLF") Grant for Hazardous Substance and Petroleum Contaminated Sites in 2011; and,

WHEREAS, the City has identified the 1445-1501 S. 113 St. (the "Property") site as a candidate for an RLF Subgrant due to known environmental contamination and required cleanup; and,

WHEREAS, the Community Development Authority of the City of West Allis (the "Authority") has acquired the Property from the current owner, RJB Properties, LLC, and will be eligible for the RLF Grant once ownership has transferred to the Authority; and,

WHEREAS, the City granted a $100,000 RLF Subgrant to the Authority to fund environmental remediation on the Property on Resolution R-2015-0107 dated April 21, 2015; and,

WHEREAS, the Authority is required to fund all EPA RLF Subgrant-related expenses upfront, and will then be reimbursed by the City of West Allis; and,

WHEREAS, the Authority if required to provide a 20% match to the project.

NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of West Allis that it hereby approves an additional $20,000 U.S. EPA Revolving Loan Fund Subgrant from the City of West Allis to the Community Development Authority of the City of West Allis for the property located at 1445-1501 S. 113 St.

BE IT FURTHER RESOLVED that the Director of Development, or his designee, is hereby authorized and directed to enter into a Revolving Loan Fund Subgrant Contract by and between the Community Development Authority of the City of West Allis and the City of West Allis and take any and all other actions on behalf of the City of West Allis which they deem necessary or desirable in connection with the U.S. EPA Revol...

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