01-13-16 ebc rhode island chapter program: brownfields projects – helping move rhode island’s...

7/25/2019 01-13-16 EBC Rhode Island Chapter Program: Brownfields Projects – Helping Move Rhode Island’s Economy Forward

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Arowmneflis Srohfdts — Gflpemk BovfQgoif Esljmi―s Fdomoby Norwjri

Fmverombfmtjl Ausemfss Doumdel on Mfw FmkljmiFmfrky Fmverombfmt Fdomoby

FAD Qgoif Esljmi Dgjptfr Srokrjb



[fldobf

Qoafrt JtwooiDgjer, FAD Qgoif Esljmi Dgjptfr

Srfseifmt

Qfsourdf Domtrol Jssodejtfs, Emd.




Emtroiudteom

Qoafrt JtwooiSrokrjb Dgjer jmi Boifrjtor

Srfseifmt

Qfsourdf Domtrol Jssodejtfs, Emd.




BFTTU TDQJS — GETYOQED OST.



BOTY DVQQFMY



Fmverombfmtjl Ausemfss Doumdel on Mfw Fmkljmi

Fmfrky Fmverombfmt Fdomoby

Auyfr Yfjb Iesdusfs SrflebemjryYrjmsjdteomjl Essufs on Bod` Tetf

Hulejm IjsgSremdepjl, Dlfjm Fdomoby Ifvflopbfmt, LLD

Jljm Tgofr

Tgjrfgolifr/Sjrtmfr, Jilfr Sollod` & Tgffgjm



Bjr` Gousf

^edf Srfseifmt jmi Sremdepjl Tdefmtest

Qfsourdf Domtrol Jssodejtfs



Iesdusseom on Tetf FmverombfmtjlJssfssbfmt & Qfbfiejteom Qfsults



BFTTU TDQJS JTTFTTBFMY QFTVLYT

Bjr` H. Gousf^edf Srfseifmt, Sremdepjl Tdefmtest

__________________________

Qfsourdf Domtrol Jssodejtfs, Emd.Uour Yrustfi J iveso r Temdf :57>



Sgjsf E FTJ - Qfdokmezfi Fmverombfmtjl

Domieteoms (QFDs)

• Sgotos tfll tgf story

• Durrfmt jmi gestored propfrty usf js juto sdrjpyjri, emdluiemk8

• Fxtfreor ajttfry storjkf

• Fxtfreor vfgedlf storjkf• Fxtfreor vfgedlf drusgemk

• Qfdovfrfi juto nlueis bjmjkfbfmt

• Vmifrkroumi oel / wjtfr sfpjrjteom systfb

• Jaovfkroumi gfjtemk oel storjkf & usf

• Vrajm nellemk

• Vpkrjiefmt gekg-res` emiustrejl propfrty usf



Sgjsf E FTJ — Tfttemk & Oasfrvjteoms

• Fmverombfmtjl Tetf Tfttemk8

• Tetf lodjtfi em j KA kroumiwjtfr jrfj — potjalf irem`emkwjtfr progeaetfi wetgout trfjtbfmt

• [jtfr tjalf es prfsfmt wetgem :3-nfft on tgf kroumi surnjdf

• Tetf & setf jrfj ifsekmjtfi nor emiustrejl / dobbfrdejl usf• Jauttemk “Buiiy Qevfr‒ dljssenefi js A:

• Tetf Qfdom Oasfrvjteoms8

•

Soor gousf`ffpemk• Ttrfssfi vfkftjteom jmi soel stjememk

• Sftrolfub oiors

• Jkemk emnrjstrudturf



Sgjsf EE FTJ — Qfportjalf Domieteoms &

Domdfrms

• Ijtj Tubbjry8

• Lfji em soel =E/D Ttjmijris

• Kjsolemf em kroumiwjtfr =KA Ttjmijris

• Botor Oel em soel jmi kroumiwjtfr jaovf VDLs

• Jrsfmed em soel =E/D Ttjmijris

• Gubjm Gfjltg & Fmverombfmtjl Domdfrms

• Ierfdt domtjdt (emkfsteom & jasorpteom)

•

^jpor emtruseom (emgjljteom)• Ebpjdt to sfmsetevf gjaetjts (wftljmis & surnjdf wjtfr)



Fmverombfmtjl Qfstorjteom Opemeom

Jm Fmverombfmtjl Ljmi Vsf Qfstredteom (FLVQ) es jlso rfdobbfmifi to bjmjkf

rfseiujl domdfrms emto tgf nuturf.

Jrfj Domtjbemjmt Qfbfiejl Jpprojdg DostAjttfryTtorjkf

Lfji Djppemk $:33@

^fgedlfDrusgemk

KjsolemfDobpoumis

Jer Tpjrkf / Toel jpor Fxtrjdteom

$133@

NlueisQfdovfry

Vsfi Botor Oel Fxdjvjteom jmi Iesposjl $:33@

Tetf-weif

Toel

Jrsfmed Djppemk $933@





Nemjl S&T Mfkotejteoms AftwffmAuyfr jmi Tfllfr

Qoafrt JtwooiOwmfr, “Bfssy Tdrjp Ujri

Emdorporjtfi‒

Dgrestejm DjpezzoDoumsfl, Tgfdtbjm, Gjlpfrem

Tjvjkf, LLS

Hulejm IjsgSremdepjl, Dlfjm Fdomoby

Ifvflopbfmt, LLD

Jljm Tgofr Tgjrfgolifr/Sjrtmfr, Jilfr Sollod` &

Tgffgjm, SD



Tdott [olnFxfdutevf Ierfdtor

Krow Tbjrt Qgoif Esljmi



Arowmnefli Qfifvflopbfmt KjememkYrjdteom em Qgoif Esljmi―s Fdomobed

Ifvflopbfmt Ttrjtfky



Yfrrfmdf Krjy, S.F.

Jssestjmt Ierfdtor nor

Jer, [jstf & Dobplejmdf

QE Ifpt. on Fmverombfmtjl Bjmjkfbfmt



QE IFB / V.T. FSJ ArowmneflisKrjmt Srokrjb



[jrrfm @ersgfmajub

Srfseifmt

Dgfrrytrff Kroup, LLD



Yjx Drfiet Domseifrjteoms



[jrrfm @ersgfmajub

Srfseifmt, Dgfrrytrff Kroup

(>:;) 94:-11>>

wjrrfmCdgfrrytrff-kroup.dob



Gestory jmi Ovfrvefw on tgfQE Arowmneflis Yjx Drfiet

13318 Om Nfarujry 6, G-;975 wjs emtroiudfi em Kfmfrjl Jssfbaly. Ygf lfkesljteom bjif tfdgmedjldorrfdteoms to tgf fxestemk arowmneflis lfkesljteom, rfquerfi j pualed rfdori on rfbfiejteom wor` to afdrfjtfi jmi rfquerfi rfports to tgf Kfmfrjl Jssfbaly om tgf essufs on fmverombfmtjl emsurjmdf jmi tgfrfkestrjteom on fmverombfmtjl pronfsseomjls. Ygf Kfmfrjl Jssfbaly pjssfi G-;975 em Humf 133>, aut iei motemdluif j Arowmneflis Qfbfiejteom Yjx Drfiet.

13348 Nrob j nfifrjl stjmipoemt, tgf Arowmneflis Yjx Emdfmtevf, wgedg fxperfi om Ifdfbafr 4:, 1334, wjsrfmfwfi wgfm tgf Srfseifmt sekmfi tgf [or`emk Njbelefs Yjx Qflefn Jdt (Sualed Ljw §:37-4:4) em Odtoafr1339. Ygf ljw fxtfmifi tgf pfreoi tgjt tjxpjyfrs djm tj`f jivjmtjkf on tges afmfnet nrob tgf tebf etfxperfi tgroukg Ifdfbafr 4:, 1336. Temdf :55;, tgf Arowmneflis Yjx Emdfmtevf gjs jllowfi tjxpjyfrs toifiudt dlfjmup dosts em tgf yfjr tgfy jrf emdurrfi, rjtgfr tgjm gjvemk to af djpetjlezfi.

13:6-:>8 Qgoif Esljmi gjs pljms to rfmfw tgf Arowmneflis Qfbfiejteom Drfiet aut tgfrf es mo ifnemfi

tebftjalf or spfdeneds.



Tubbjry on BJ AYD Qfquerfbfmts8

Ygf tjxpjyfr djmmot gjvf affm tgf djusf on tgf

domtjbemjteom.

Ygf tjxpjyfr bust af tgf owmfr or lfssff on tgf

domtjbemjtfi setf iuremk tgf dlfjmup pfreoi.

Ygf setf bust af dlosfi out wetg j pfrbjmfmt soluteom

wetg or wetgout domieteoms, or jm QOT.

Ygf bomfy spfmt om tgf rfbfiejteom bust jboumt to jt

lfjst :6% on tgf setf's jssfssfi vjluf jt tgf tebf tgf

rfbfiejteom afkjm.

Ygf setf bust af em jm Fdomobedjlly Iestrfssfi Jrfj.

Ygf setf bust af usfi nor ausemfss purposfs.

Ygf rfbfiejteom fxpfmsfs bust af emdurrfi ay jm fmtety,

trust, mom-pronet dorp. (e.f. mot j kovfrmbfmt, stjtf,

bumedepjl fmtety).



QFMF[JALF FMFQKU YJW DQFIEYT• Ygfrf jrf two sfpjrjtf tjx drfiets jppledjalf to

rfmfwjalf fmfrky8

• Emvfstbfmt tjx drfiet (EYD)8 fjrmfi ay emvfstemk emrfmfwjalf fmfrky emnrjstrudturf or fquepbfmt.

• Sroiudteom tjx drfiet (SYD)8 tges drfiet es ajsfiom j umet bfjsurf on rfmfwjalf fmfrky proiudfi,jmi es krjmtfi nor fjdg `elowjtt gour on rfmfwjalf fmfrky proiudfi.

• Ygf EYD jboumts to 43% on tgf emvfstbfmt bjifem rfmfwjalf fmfrky (umtel 13:5, jmi tgfm etpgjsfs iowmwjri) jmi tgf SYD iennfrs noriennfrfmt typfs on rfmfwjalf fmfrky (e.f. soljr,aeobjss, wemi, ftd.)

• Om tgf Nfifrjl seif, you djm omly dljeb fetgfr tgfEYD or tgf SYD. Ygfrf jrf jlso Ttjtf SYD'sjvjeljalf nor rfmfwjalf fmfrky proiudteom

(sobftebfs djllfi TQFD), jmi, tgfrfnorf, prohfdtifvflopfrs usujlly dgoosf j dobaemjteom on tgfNfifrjl EYD jmi j Ttjtf SYD to nemjmdf tgf dosts on aueliemk tgf prohfdt jmi proiudemk tgf fmfrky.



JIJSYJAELEYU AFY[FFM AQO[MNEFLIT

JMI QFMF[JALFT

• Arowmneflis gjvf afdobf jm jttrjdtevf opteom nor rfmfwjalf fmfrky prohfdts sudg js soljr jmiwemi, afdjusf purdgjsemk or lfjsemk ljmi es j sekmenedjmt dost, jmi domtjbemjtfi setfs djm afjdquerfi nor lfss bomfy.

• Domvfrtemk Arowmneflis setfs to dobbfrdejl usf, fetgfr wetg j rfmfwjalf jii-om (soljr pjmfls omroontops) or js tgf dobbfrdejl usf etsfln (j soljr njrb/jrrjy or j aeobjss domvfrseom setf) esafdobemk borf nfjsealf. Domdfptujlly, Arowmneflis setfs djm af domvfrtfi emto j dobbfrdejl usftgjt emdluifs js jm jii-om tgf proiudteom on rfmfwjalf fmfrky, fetgfr em jiieteom to tgfpropfrty's prebjry usf, or js tgf mfw dobbfrdejl usf etsfln.

• Js tgf AYD es omly rfdfevfi post rfbfiejteom, jmi tgf EYD djm af strudturfi to af rfdfevfi prf-

domstrudteom, tgf douplemk on tgfsf tjx drfiets djm lfji to j sekmenedjmt upnromt djpetjl emnuseom.



Tymiedjteom Srodfss

• Nfifrjl Yjx Drfiets jrf mom-trjmsnfrjalf. Fjrmfi ay

fmtety tgjt emstjlls tgf rfmfwjalf fmfrky njdeletefs.

• J pjrtmfrsgep es drfjtfi aftwffm j ifvflopfr jmi jm

emvfstor.

• Emvfstor es irevfm ay tjx jivjmtjkfs.

• Ygf pjrtmfrsgep es dobbomly rfnfrrfi to js j

symiedjteom.

• EQT Tjnf Gjraor 13:9-:1 well rfspfdt tgf pjrtmfrsgep

strudturf en et es j truf pjrtmfrsgep, e.f. fdomobed ajses nor

trjmsjdteom otgfr tgjm tjx drfiets.



Emvfstbfmt Yjx Drfiet Ttrudturf

Emvfstors

Mfw Do, LLD(Tpfdejl SurposfYjx Drfiet Fmtety)

QfmfwjalfFmfrky Srohfdt

Ifvflopfr onSrohfdt (:%)

Emvfstbfmt

Fmtety (55%)



NEMJMDEJL ELLVTYQJYEOM ON YGF YJW DQFIEY AFMFNEYT

En ajm` jddfpts j ;>% LY^, tgfrf es zfro owmfr fquety. Vsujlly j ;3% LY^ wouli sunnedf, wgedg rfquerfs jm

owmfr fquety domtreauteom on $:97,633 (>% fquety).

Ay wjy on fxjbplf, jssubf tgjt tgf setf om tgf prfveous pjkf gji $>33,333 em flekealf AYD dosts0 j $:,333,333 dost nor tgf soljrsystfb0 jmi gji otgfr ifvflopbfmt dosts js iftjelfi gfrfumifr. Ygf prohfdt's ifvflopbfmt pro-norbj wouli af js nollows8

Tetf Jdqueseteom jmi Qfbfiejteom

Ljmi jdqueseteom dosts $ ;63,333Qfbfiejteom Fxpfmsfs $ >33,333YOYJL $ :,463,333

Qfmfwjalf Fmfrky Emstjlljteom

Toljr Tystfb $ :,333,333

Nfjseaelety, Iuf Ielekfmdf, Otgfr $ 46,333Nffs / Dosts $ >3,333

---------------YOYJL DOTYT ( Numifi ay j Domstrudteom Lojm) $ :,356,333

Yjx Drfiet Fquety

AYD ($>33,333 x 3.63 x 3.7) $ 193,333EYD ( $:,333,333 x 3.43 x 3.;6) $ 116,333Ifprfdejteom ( $:,333,333 x $3.:1) $ :13,333

---------------Yotjl $ 676,333

Yotjl Domstrudteom Dost $1,996,333Yjx Drfiet Fquety (676,333)

---------------Jboumt to af Nemjmdfi $:,7>3,333 (;>% LY^)



Domtjdt Our Yfjb8

• Bflemj Jbarosemo- ^edf Srfseifmt on Opfrjteoms• (>:;) 94:-11>> fxt. 139

• BflemjCdgfrrytrff-kroup.dob

•

Uflfmj Ysvjykfmajub, Fsq.-Qulfs jmi Qfkuljteoms• (>:;) 94:-11>> fxt. 134

• UflfmjCdgfrrytrff-kroup.dob

• Flleot Sozbjmtfr- Dobplejmdf• (>:;) 94:-11>> fxt. 13;

• FlleotCdgfrrytrff-kroup.dob

•

Hj`f ^fzkj —

Yjx Drfiet Jssodejtf• (>:;) 94:-11>> fxt. 13>

• Hj`fCdgfrrytrff-kroup.dob

mailto:[email protected]














Ygjm` you!

144 Mffigjb Tt., Tuetf 6:3

Mfwtom, BJ 319>9www.dgfrrytrff-kroup.dob

(>:;) 94:-11>>

http://www.cherrytree-group.com/

http://www.cherrytree-group.com/



Bedgjfl S. Iomfkjm

Jttormfy

Orsom jmi Aruseme, Lti.



Qfkuljtory Jihustbfmts[ortg Domseifremk



Sjmfl Iesdusseom

Boifrjtor8 Qoafrt Jtwooi, Qfsourdf Domtrol Jssodejtfs

Sjmflests8• Dgrestejm Djpezzo, Tgfdgtbjm, Gjlpfrem Tjvjkf, LLS

• Hulejm Ijsg, Dlfjm Fdomoby Ifvflopbfmt LLD

• Bedgjfl Iomfkjm, Orsom jmi Aruseme Lti.

• Yfrrfmdf Krjy, QE IFB

• Bjr` Gousf, Qfsourdf Domtrol Jssodejtfs

• [jrrfm @ersgfmajub, Dgfrrytrff Kroup, LLD

• Jljm Tgofr, Jilfr Sollod` & Tgffgjm, S.D.

• Tdott [oln, Krow Tbjrt Qgoif Esljmi



01-13-16 ebc rhode island chapter program: brownfields projects – helping move rhode island’s...

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