Authorize the (1) acceptance of supplemental funding from the U.S. Environmental Protection Agency (EPA) for the FY 2023 Brownfields Revolving Loan Fund (RLF) Grant via Cooperative Agreement (Grant No. 4B02F40101, Assistance Listing No. 66.818) in the amount of $250,000.00 to clean up brownfield sites and provide cleanup planning and community involvement related activities for brownfield sites for the period November 1, 2023 through September 30, 2029; (2) execution of the Cooperative Agreement and all necessary documents; (3) increase of appropriations in an amount not to exceed $250,000.00 from $1,000,000.00 to $1,250,000.00 in the Brownfields Revolving Loan Fund Grant Fund; (4) receipt and deposit of additional funds in an amount not to exceed $250,000.00 in the Brownfields Revolving Loan Fund Grant Fund; (5) execution of Brownfield Revolving Fund Loan Agreements and all necessary documents with future subrecipients for loans and subgrants to support the assessment and cleanup of contaminated properties; (6) approval and execution of individual Brownfield Revolving Fund Loan Agreements through Administrative Action in an amount not to exceed $1,000,000.00, with individual loans or subgrants greater than $1,000,000.00 to be presented to City Council for separate authorization prior to execution and disbursement; (7) procurement, negotiation, and execution of agreements with one or more external qualified firms, selected through a request for proposals or other applicable competitive procurement process, to provide underwriting, loan servicing, portfolio management, and related professional services necessary to administer the Brownfields Revolving Loan Fund Program; (8) disbursement of grant funds, including supplemental funds authorized by this action, in an overall total amount not to exceed $1,250,000.00 and to receive, deposit, and record loan principal and interest repayments; (9) administration of the Brownfields Revolving Loan Fund Program in accordance with the terms and conditions of the U.S. Environmental Protection Agency (EPA) Brownfields Revolving Loan Fund Cooperative Agreement and all applicable federal, state, and local requirements; and (10) execution of the award with the EPA and all terms, conditions, and documents required by the agreement - Not to exceed $250,000.00 from $1,000,000.00 to $1,250,000.00 - Financing: Brownfields Revolving Loan Fund Grant Fund

CONSENT AGENDA Approved Introduced July 17, 2026

What this record is

Amount: $250K
Runs until: September 30, 2029 3 years away date quoted from the award document
Type: rfp
Field: Professional services

Read automatically from the title of the official record. The source document below is authoritative.