Budget for Website - Flipbook - Page 163
The provisions of Act 381 of 1996 establishing Brownfield Authorities permit the
continuing capture of taxes in any district for up to 5 years beyond the final
reimbursement of site remediation costs to the developer. One of the four
Brownfield districts in the city has made such final payments and, under the act,
the continuing tax capture receipts are required to be deposited to a Local Site
Remediation Revolving Fund.
-242BROWNFIELD SITE REMEDIATION
FUND
City of Plymouth 2026/27 Budget
159
