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Brownfield authority approves Act 381 work plan and reimbursement agreement for West Michigan Hispanic Chamber project
Summary
The board voted to approve an Act 381 work plan and authorize a development and reimbursement agreement that would allow up to $513,450 in Brownfield-eligible reimbursements over 30 years for a redevelopment at 1101 Godfrey Ave SW, Unit 2.
The Grand Rapids Brownfield Redevelopment Authority on Wednesday approved a resolution authorizing an Act 381 work plan and a development and reimbursement agreement for the West Michigan Hispanic Chamber of Commerce redevelopment at 1101 Godfrey Ave. SW, Unit No. 2.
Staff said the development team is requesting reimbursement from the authority of up to $513,450 for Brownfield-eligible activities, including demolition, asbestos abatement, site preparation and public…
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