Brownfield Redevelopment Agreement Template - Free Editor
Brownfield Redevelopment Agreement Template
This Brownfield Redevelopment Agreement ("Agreement") is entered into as of [Date], by and between [State Environmental Agency] ("Agency") and [Developer/Property Owner] ("Participant").
1. Property Information
- Property address and legal description.
- Parcel identification numbers.
- Current and historical uses.
2. Purpose and Scope
- Facilitate investigation, remediation, and redevelopment of the property consistent with environmental regulations.
- Outline responsibilities, timelines, and liability protections for Participant.
3. Definitions
- "Remedial Action Plan", "Institutional Controls", "Engineering Controls", "Cleanup Standards", etc.
4. Participant Commitments
- Conduct Phase I/Phase II environmental site assessments.
- Submit Remedial Investigation/Feasibility Study (RI/FS).
- Prepare and implement Remedial Action Plan (RAP) approved by Agency.
- Comply with health and safety plans, community outreach requirements.
5. Agency Responsibilities
- Provide technical oversight and approvals.
- Coordinate with federal/local agencies.
- Issue regulatory determinations (No Further Action, Covenant Not to Sue) upon completion.
6. Cleanup Standards and Objectives
- Applicable cleanup levels (soil, groundwater, vapor intrusion) per state/federal guidance.
- Risk assessment methodology and exposure scenarios.
7. Institutional and Engineering Controls
- Description of land use restrictions, deed notices, monitoring wells, caps, vapor mitigation systems.
- Maintenance and inspection obligations.
8. Schedule and Reporting
- Milestones for investigations, RAP submission, remedial implementation.
- Progress reporting frequency and format.
9. Financial Assurance
- Requirement for cost estimates and financial assurance mechanisms (letters of credit, escrow).
- Reimbursement provisions for Agency oversight costs.
10. Community Involvement
- Public notice requirements, community meetings, access to documents.
11. Access and Cooperation
- Participant grants Agency access to property for inspections and sampling.
12. Liability Protections and Reservations
- Extent of liability relief provided under state Brownfield law.
- Exceptions (fraud, non-compliance, new releases).
13. Termination
- Conditions for termination upon completion or default.
- Dispute resolution procedures (negotiation, mediation, litigation).
14. Miscellaneous
- Governing law, assignment, amendment procedures, notices, severability.
15. Signatures
Participant: [Name]
By: ____
Name/Title: [ ]
Date: __
Agency: [Agency Name]
By: ____
Name/Title: [ ]
Date: __
Attach exhibits: site maps, schedule, cost estimates, RAP summary, legal descriptions.
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