Bay City seeking $1 million MDEQ loan for Uptown at RiversEdge work

The City of Bay City is looking for a cool million dollars to move forward on the Uptown at RiversEdge site. The Bay City Commission will be asked at its 7:30 p.m. meeting today to support a loan application to the Michigan Department of Environmental Quality for $1 million to further clean up the Uptown at RiversEdge redevelopment. The money would be used to demolish one vacant defunct industrial building, 12 concrete slab on-grade foundations associated with former commercial and industrial buildings, and abandoned, unusable underground utilities that remain on the site, plus complete any related environmental work. The application goes to the State Administrative Board and may take two to three months for approval. If approved, the funds cannot be spent until a work plan is approved by both the MDEQ District Coordinator and the local MDEQ office. The city will not submit a work plan until the closing with Uptown developer SSP Associates has occurred or is imminent.

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