TITLE

Cities Reaping Rewards of Redevelopment Measure, Say Mayors

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/10/2003, Vol. 344 Issue 31653, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article focuses on the brownfield reclamation legislation enacted in the United States in 2003. A survey released on June 9, 2003 by the U.S. Conference of Mayors reported that 45 cities raised an additional 90 million dollars in local tax revenue by redeveloping moderately contaminated abandoned industrial sites. The redevelopment of brownfields has been helped considerably by the enactment of the Small Business Liability and Brownfields Redevelopment Act of 2002, which excluded prospective brownfield redevelopers from the liability laws that discouraged cleanup of sites.
ACCESSION #
10069671

 

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