Question

Please paraphrase Continued collaboration with state and federal governments will further improve incentives for cleaning up...

Please paraphrase

Continued collaboration with state and federal
governments will further improve incentives
for cleaning up and redeveloping brownfields,
making them more competitive with uncontami-
nated land. At the state level, we will advocate
for a full liability release for parties who remedi-
ate sites under the NYC BCP.
We will work to reach an agreement with the
EPA that provides federal liability protection for
parties who remediate sites under the NYC BCP.
Finally, to accelerate cleanup at sites where
past legal actions by the state government have
left an environmental lien that discourages new
development and cleanup, we will pursue a pro-
gram for environmental lien forgiveness. We will
work with government partners to establish a
pilot program that waives part or all of an envi-
ronmental lien on a property where the devel-
oper agrees to clean up the property in the
NYC BCP and redevelop the property within a
defined schedule.

Homework Answers

Answer #1

In order to increase the incentives for cleaning and renewing the brownfields so that they can be more competitive with the uncontaminated land, the collaboration with the state and Federal government must be continued. Parties who remediate sites under the NYC BCP will be advocated for the full liability release at the state level. EPA provides the Federal liability protection so we will work to make an agreement with the EPA for parties who remediate sites under NYC BCP. State governments have left an environmental lien due to their legal action. Environmental lien discourages the new development and cleans up and therefore we will do a program to get environmental lien forgiveness. To abandon the all environmental lien on which the developer agreed to renovate in the NYC BCP within the given period we will work to make the partnership with government and start a pilot program.


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