Who will pay for environmental cleanup of sites within each of the Sale Parcels?
The environmental cleanup responsibilities for Parcels I and III will be retained by the Government and the environmental sites will be conveyed to the Winning Bidder(s) of the Sale Parcels via a Lease in Furtherance of Conveyance (LIFOC) until the remediation is completed, at which point the property will be conveyed in FEE to the Winning Bidder at that time. Sale Parcel II is CERFA clean and there are no costs/remediation responsibilities expected of the Winning Bidder.
Related Questions
- What project economic/financial challenges linked to environmental cleanup need to be worked through for the brownfield redevelopment process to work?
- Does the State, or DEC have funds available to local governments to pay for the cleanup of petroleum spill sites?
- Why are there not more private sale sites for men?
