Mohawk Valley Economic Development District, Inc.

Description:brownfields Are Real Property, the Expansion, Development or Reuse of Which May Be Complicated by the Presence or Potential Presence of a Hazardous Substance, Pollutant, or Contaminant. This Agreement Will Provide Funding Under the Infrastructure Investment and Jobs Act (IIJA) for Mohawk Valley Economic Development District, Inc. (MVEDD) to Capitalize a Revolving Loan Fund as Authorized by Cercla 104(K)(3) in Fulton, Herkimer, Montgomery, Oneida, Otsego, and Schoharie Counties, New York. Activities:specifically, This Agreement Will Provide Funding for the Recipient to Capitalize a Revolving Loan Fund From Which to Make Loans and Subgrants to Clean Up Brownfield Site(s) and Conduct Other Necessary Activities to Prudently Manage the RLF. Additionally, the Recipient Will Competitively Procure (as Needed) and Direct a Qualified Environmental Professional to Oversee the Environmental Site Activities, Will Create a Community Involvement Plan and Administrative Record for Each Site That Is Remediated, and Will Report on Program Income, Interim Progress, and Final Accomplishments by Completing and Submitting Relevant Portions of the Property Profile Form and Brownfields RLF Form Using Epa's Assessment, Cleanup and Redevelopment Exchange System (acres). SUBRECIPIENT:3-5 Loans, as Well as 2-4 Subgrants Will Be Administered to Fund the Associated and Eligible Costs to Perform Cleanups at 5-9 Sites in Accordance With the Associated 2023 RLF Terms and Conditions. Outcomes:further, the Recipient Will Issue Approximately Four (4) Loans and Three (3) Subgrants to Remediate Seven (7) Brownfield Site(s); Anticipates Holding Ten (10) Community Meetings, Finalizing One (1) Analysis of Brownfield Cleanup Alternatives for Each Subaward Site, and Submitting Twenty (20) Quarterly Reports. Work Conducted Under This Agreement Will Benefit the Residents, Business Owners, and Stakeholders in and Near Fulton, Herkimer, Montgomery, Oneida, Otsego, and Schoharie Counties, New York.