Leland project to receive state brownfield aid
The Leelanau Enterprise reports that Leelanau County is the first non-urban municipality in Michigan to take advantage of new brownfield redevelopment rules that provide funding to clean up obsolete, blighted or contaminated properties.
The property in question is the former county courthouse campus in Leland, which is slated to be sold by next month to a local development company, Varley-Kelly Properties L.L.C., for redevelopment into a 2.4-acre residential neighborhood in the heart of downtown Leland.
A decision made Tuesday afternoon in Lansing by the Michigan Economic Growth Authority (MEGA) board will allow the developer to tap into some $350,750 in "tax increment financing" to clean up the site before it is developed.
Read Brownfield site in line for state financing aid in the Enterprise.
