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89-2066 WHITE - CITV GLERK PINK - FINANCE G I TY O SA I NT PA U L Council CANARV - DEPARTMENT � BLUE - MAVOR . �Ie NO.�,� /A� � Y ounc ; , olution /,�'�/ �--___.., � � ,� _ Presented By � R rr o � Committee: Date Out of Committee By Date WHEREAS, the contamination o soil and water with toxic or hazardous materials is a ser 'ous and growing impediment to real estate development, and espe ially, redevelopment; and WHEREAS, the risk of liabili y under federal and state law for the clean up costs requires 'nvestors, lenders, agents, and local governments to proceed cauti usly when considering development or redevelopment of known or su pected contaminated sites; and WHEREAS, federal and state " uperfunds" are intended to fill this gap but are not funded well nough to clean up all the sites; and WHEREAS, the City of Saint P ul has known contaminated sites, including some in which the ontamination is still spreading, that are beyond the reach of the Superfunds; and WHEREAS, the City of Minneap lis introduced legislation last session (H . F. 1761 /S. F . 1442 that sets up a "hazardous site development fund" that will , under some circumstances, make money available for local governme ts to borrow to help cover clean up costs; NOW THEREFORE BE IT RESOLVED that the City of Saint Paul support H . F. 1761/S. F. 1442 , establi hing a "hazardous site development fund. " COUNCIL MEMBERS Requested by Department of: Yeas Nays —Bw�a. L.o�g [n Favo Goswitz Rettman �be1�� _ Against BY Sonnen Wilson �QV 1 1 Form pproved by Cit tor Adopted hy Council: Date � Certified -ed by Council Secretary BY By � 6lpprove Mavor: Date ' � Approved by Mayor for Submission to Council gy - BY P,UBtt� D`�� 2 1989 � . (,��a�� DEPARTMENTIOFFlCE/OOUNpL DATE INITIATE GREEN SHEET No. 4„�„��E CONTACT PER80N d PFIONE DA �DEPARTMENT DIRECTOR �CITY COUNpL �� �CITY ATTORNEY �M1f CLERK MUST BE ON COUNqL AOENDA BY(DAT� ROU7ING �BUDOET DIRECTOR �FlN.A MOT.SERVICEB DIR. �MAYOR(OR A8SISTAN'n � TOTAL A�OF 8KiNATURE PAGE8 (CL�P ALL CATIONS FOR SKiNATUR� ACfION REGUESTED: Full Council approval of 1990 Legis tive items already approved by the City Council Legislation Committee 11/13/89 RECOI�AMENDATIONB:Approw(A)a RsJsct(F� COUNqL ITTEEIREBEARCH REPORT OPTIONAL qN/LLygT PFIONE NO. _PLMININO COMMISSION _CIVIL SEHVICE COMMISSION _CIB OOMMITTEE _ COMMEPITS: _STAFF — —DISTRICT COURT — SUPPORTB WHICFI COUNqL OBJECTIVE7 INITIATINO PR09LEM,ISSUE,OPPOR7UNITY(VYho,Whet,When,Where,Wh�: ADVANTAf3E8 IF APPROVED: DISADVANTA(iES IF APPROVED: DIBADVANTAOEB IF NOT APPROVED: TOTAL AMOUNT OF TRANSACTION = COST/REVENUE BUDOETED(CIRCLE ONE) YES NO FUNDINO SOURCE ACTiVITY NUMBER FINANCIAL INFORMATION:(EXPWN) Q'�