Examples of Brownfield property in a sentence
The Seller agrees to provide Buyer and its agents complete access to all of the Company's books, records and personnel for purposes of enabling Buyer to conduct its investigation.
The municipality can then pass through these funds either as a remediation grant to the Brownfield property owner.
A person who is applying or has applied to participate in the voluntary remediation for a Brownfield property and: 2.8.a. Who is seeking or has obtained a site assessment loan from the Brownfields Revolving Fund; or 2.8.b. Who will use funds from the State of West Virginia or any county or municipality thereof, or brownfields grant funds from USEPA in the assessment or remediation of the property.
Under this program, the municipality can apply to FCM to obtain low interest loans and grants covering up to 80 percent of the remediation costs associated with a Brownfield property.
Brownfield properties may be eligible for the Tax Incentive Program provided that the Brownfield property remediation (Phase III Cleanup) has a total cleanup cost in excess of $50,000 and the property is redeveloped.