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Federal
Reimbursement Available for UST Cleanups
October 24, 2001
Most Poyner & Spruill clients are well
aware of the availability of State trust fund reimbursement for some of
the expenses incurred by individual underground storage tank (UST) owners
and operators in addressing the environmental consequences of petroleum
leaks from their USTs. And the firm’s local government and developer
clients should already be familiar with State "Brownfields" agreements to
foster redevelopment that is hindered by the continued presence of
chemical contamination that neither the developer nor local government
would otherwise want to address.
A recent announcement by the United States
Environmental Protection Agency, however, advised us of the availability
of a federal pilot program for local government financial assistance to
address petroleum product damage when it impedes or threatens to impede
redevelopment. The extended deadline to apply for such "USTfields" pilot
grants is November 19, 2001, but the State would like to see draft
applications by the first of November.
Under the "USTfields" program, EPA will
disburse $40 million in individual grants of up to $100,000 each to
address petroleum contamination caused by leaking USTs. The funds will be
awarded to partnerships between States and local governments and must be
used to assess and clean up two or more UST sites. EPA is reportedly
particularly interested in funding projects in which federal money will be
"leveraged" with the participation of private developer funding.
In announcing the pilot program, EPA
Administrator Christie Whitman emphasized that, like Brownfields, the new
program would target areas where redevelopment is being retarded by
difficult liability issues associated with historical contamination.
Typically, the federal grants will support downtown revitalization efforts
and other redevelopment of areas containing one or more former gasoline
service stations or other former transportation facilities where the need
to address the environmental damage associated with leaking USTs would
otherwise discourage or prevent the redevelopment.
The environmental attorneys at Poyner &
Spruill LLP stand ready to answer your questions about this new program
and, should your opportunity for federal funding look favorable, help you
partner with the State and to submit a USTfields application by the EPA
deadline.
If you have any questions, please feel
free to contact
Rick Kane in
the Charlotte office at 704.342.5303, in
the Raleigh office at 919.783.1035 or by
e-mail at
trkane@poynerspruill.com.
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