The City of Fenton Brownfield Redevelopment Authority (BRA) was established by the City Council pursuant to and in accordance with the provisions of the Brownfield Redevelopment Financing Act, Act 381 of the Public Acts of the State of Michigan of 1996, as amended, for the purpose of facilitating the implementation of plans relating to the identification and treatment of environmentally distressed areas so as to promote revitalization in the City of Fenton.
Is to encourage and assist developers who want to return property to productive use more quickly and at lower costs than before, while still protecting human resources. This is done via Brownfield tax increment-financing provisions which allow reimbursement of costs of baseline environmental assessment, due care activities and cleanup activities at contaminated sites. The city of Fenton has several properties that qualify and are being pursued under the Brownfield Act. The City’s goal is to remediate and develop property considered a Brownfield site. Currently the Redevelopment Authority is considering the Tipsico Lake and Oak Street Property, both of which are owned by the City Of Fenton.