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In This Issue
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| Looking up the inside of a cell phone tower |
Publisher's
Letter
As the brownfield market has matured, so has Brownfield News.
Letters
to the Editor
Our readers speak responses to our December 2004 issue.
Brownfield Briefs
EPA updates, new resources, responsible redevelopment and a financial reporting
update.
Cover Story
Incremental Cash Flow Solutions
By Mary Hashem
Finding interim and ancillary uses for brownfields can generate cash flow and
help cover the carrying costs between acquisition and redevelopment. Plus, extra
information on cell towers, brightfields and conservation easements.
Feature Story Grant Writing
101
By Jim Halverson
Learn how to put your best foot forward when applying for the three EPA brownfield
grants.
Point/Counterpoint Department EPA Grants
Point by Becky Brooks and Sven-Erik Kaiser; Counterpoints by Betsy Bowe, Leah
Yasenchak and Michele Christina and an anonymous grant recipient
EPA offers grant funding in an effort to make brownfield development possible
when it otherwise might not be. Three recipients explain why it’s just
not that simple.
Ask the Expert Department
By Todd Davis, Esq.
Are you spending more time chasing grant funds than doing deals? How to get
off the G-train.
Technical Department Remediation
Performance Guarantees
By Ken Kastman, P.E.
Performance guarantees bring more certainty to the remediation process, but
the concept has spawned a variety of inconsistently used terminology. Learn
what they mean.
Accounting Department
Sarbanes-Oxley Update
By Greg Rogers, J.D., CPA
Will SOX put an end to mothballing? Almost three years after the enactment of
SOX, this and other open questions remain.
Tax Deferral Strategies: 1031 Exchanges
By Peter Gillon and Marvin Kirsner
The tax code allows for a tax-free exchange that lets a real estate investor
exchange real estate for another interest in real estate without paying income
tax on the gain. Here’s how it works.
The Inside Scoop The Spitzer Investigation
By Rachel Sobel
We asked the Insurance Information Institute to explain the issues at hand in
the Spitzer investigation and the impact it will have on the environmental insurance
market. What you think you know may be wrong.
Op/Ed Superfund No Longer Works
Superfund essentially remains now what it was when it was enacted in 1979 –
a hastily conceived, politically motivated and coarsely implemented attempt
to respond to the social, health and economic problems posed by environmental
contamination.
Targeted News From Your Marketplace
Canadian Market Report
More on TIFS in Ontario; Cleaning up military sites the Arctic; Canadian company
sued under Superfund; plus a brief from Quebec
Midwestern Market Report
Ohio enacts UECA; Akron market integrates cleanup with economic development;
Wildlife Habitat Council recognizes two Ohio sites; plus briefs from Wisconsin,
Illinois and Michigan.
Eastern Market Report
New Jersey’s smart growth approach to brownfields; New Jersey cleanup
grants; plus briefs from New York, Pennsylvania, Massachusetts, Connecticut
and New Jersey.
Western Market Report
Steam-cleaning soil in Washington; Rural redevelopment in California; plus briefs
from South Dakota, Nevada and Washington.
Southern Market Report
Puerto Rico site proposed to Superfund NPL; Heifer International builds new
headquarters in Little Rock; plus briefs from EPA Region 6 and Louisiana.