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Commission approves up to $156,755 for College Square environmental investigation after tanks found
Summary
RDC authorized an addendum with VET Environmental Engineering not to exceed $156,755.25 to investigate, remediate and coordinate regulatory closure after evidence of historic underground storage tanks at College Square; staff said field work could start in September and IDEM review may take months.
City staff explained additional due‑diligence steps at College Square after recent work identified evidence of historic underground storage tanks. The resolution authorizes an addendum with VET Environmental Engineering for site investigation, potential tank removal, remediation and coordination with the Indiana Brownfields program and IDEM, in an amount "not to exceed $156,755.25," staff said.
Legal and staff said completing the work now reduces redevelopment risk and positions the property for future redevelopment, but cautioned that environmental projects can reveal additional issues once work begins. Staff indicated VET tentatively scheduled work in September; state review and paperwork with IDEM could extend into the next calendar year before a full site closure determination.
