HomeMy WebLinkAboutMINUTES - 05082001 - C.14 Contra
TO: REDEVELOPMENT AGENCY
Costa
. J County
FROM: John Sweeten
Executive Director
DATE: May 8, 2001
SUBJECT: SB 232 (Sher) — Environmental Insurance Program for Land Recycling
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
ADOPT position in support of SB 232 (Sher) establishing an Environmental Insurance
Program to promote land recycling, and AUTHORIZE the Deputy Director—Redevelopment to
communicate support to the County's legislative delegation.
FISCAL IMPACT
No general fund impact. The program could improve the viability of the County's
Redevelopment program where contaminated property reuse is involved.
BACKGROUND/REASONS FOR RECOMMENDATIONS
This bill established the California Environmental Insurance Program for Land Recycling
(Envirosure), and an environmental insurance trust fund (Envirotrust)with the goal of making
environmental insurance for brownfield development more affordable. Some of the County
Redevelopment project areas have known brownfield issues (Rodeo and North Richmond)
which could be assisted by the establishment of a more affordable insurance alternative.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMM DATION OF GENCY
COMMITTEE APPROVE OTHER
SIGNATURE(S):
ACTION OF AGENCY OW-May 8, 2001 APPROVED AS RECOMMENDED X OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
X UNANIMOUS (ABSENT #IV ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT
AGENCY ON THE DATE SHOWN.
Contact: Jim Kennedy
335-1255 ATTESTED May 8. 2001
cc: County Administrator's Office JOHN SWEETEN
County Counsel AGENCY SECRETARY
Redevelopment Agency
LBY DEPUTY
W:BoardOrders\SB232 . 5. 8