Bastrop Brownfield - WHAT IS IT?
This program will help to redevelop abandoned, idle, or under-utilized properties where expansion or redevelopment is hindered by actual or perceived environmental conditions. Examples include abandoned gas stations, industrial, and commercial properties. Grant funds can be used to pay for environmental assessments and cleanup planning to help move commercial properties towards redevelopment.
PPM consultants, Inc. has been retained by the City to facilitate the grant program and to get the word out to the commercial real estate community and to potential buyers and sellers of real estate.
Bastrop Brownfield - ELIGIBILITY
Any commercial property located within the Bastrop city limits may be eligible for funding, regardless of owernership. The program is designed to facilitate development of any commercial property, whether a private or public transaction. The Brownfield Advisory Committee will qualify potential sites as Brownfield assessments prior to submission to the EPA.
Benefits of Program
Will make your property more attractive by removing potential concerns regarding the environmental condition of the property.
Will cover the costs of environmental studies, thus reducing capital expentitures associated with due diligence prior to selling or purchasing a commercial property.
No contractual obligations to the City or Consulting Firm providing the studies.