IBJNews

State getting $25M to clean up old GM sites

Back to TopCommentsE-mailPrintBookmark and Share

Indiana will benefit from a $25.2 million environmental trust established to clean up and redevelop eight former General Motors plants throughout the state, officials said Wednesday.

The fund is part of a $773 million deal the Obama administration struck to remediate dozens of such sites in 14 states. It is the largest trust of its kind in U.S. history.

The money will target automotive sites containing hazardous waste that were left shuttered by the auto giant's bankruptcy last year. About half of the 89 sites covered by the trust are in Michigan and others are in New York and Ohio. The Indiana sites targeted for clean-up include the GM metal-stamping plant in Indianapolis set to close next year. Other locations are in Kokomo, Muncie and Anderson.

"The old General Motors provided manufacturing jobs in Indiana for generations, and we can only hope that the emergence of the New GM from bankruptcy will mark a return to stability for one of the nation's great automakers," Attorney General Greg Zoeller said in a statement. "In the meantime, cleaning up industrial pollution that would be an obstacle to redevelopment ... is an appropriate resolution to a complicated bankruptcy."

Representatives of Zoeller's office and the Indiana Department of Environmental Management collaborated with federal officials on the settlement deal.

The trust fund, which was proposed in May, was filed with the U.S. Bankruptcy Court in New York and is expected to receive final approval next year. The deal involves the government, Motors Liquidation Co., which represents former GM assets that were not placed in the new auto company, 14 states and the St. Regis Mohawk Tribe in New York.

"This trust — the largest environmental trust in our history — provides support for aggressive environmental cleanups at these sites, which will create jobs today and benefit the environment and human health over the long term," said EPA Administrator Lisa P. Jackson.

General Motors received $50 billion in government aid to get through its bankruptcy. GM is 61 percent owned by U.S. taxpayers and planning an initial public offering that will allow the government to begin reducing its stake.

Vacant properties, facilities and offices left barren by GM's bankruptcy will be razed or rehabilitated under the plan. The funds will come from more than $1 billion provided by the Treasury Department to wind down the "bad" assets of General Motors set aside in the bankruptcy.

The plan includes $431 million for states to clean up former GM properties and $262 million for administrative costs — which can be used to market the sites for future redevelopment.

Michigan will receive the largest share, at $158.7 million, followed by New York ($153.8 million), Ohio ($39.4 million) and Indiana ($25.2 million). The other states participating in the settlement include: Delaware, Illinois, Kansas, Louisiana, Massachusetts, Missouri, New Jersey, Pennsylvania, Virginia and Wisconsin.

The funding will be overseen by Elliot Laws, a former EPA assistant administrator for solid waste and emergency response during the Clinton administration.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Really, taking someone managing the regulation of Alcohol and making himthe President of an IVY Tech regional campus. Does he have an education background?

  2. Jan, great rant. Now how about you review the report and offer rebuttal of the memo. This might be more conducive to civil discourse than a wild rant with no supporting facts. Perhaps some links to support your assertions would be helpful

  3. I've lived in Indianapolis my whole and been to the track 3 times. Once for a Brickyard, once last year on a practice day for Indy 500, and once when I was a high school student to pick up trash for community service. In the past 11 years, I would say while the IMS is a great venue, there are some upgrades that would show that it's changing with the times, just like the city is. First, take out the bleachers and put in individual seats. Kentucky Motor Speedway has individual seats and they look cool. Fix up the restrooms. Add wi-fi. Like others have suggested, look at bringing in concerts leading up to events. Don't just stick with the country music genre. Pop music would work well too I believe. This will attract more young celebrities to the Indy 500 like the kind that go to the Kentucky Derby. Work with Indy Go to increase the frequency of the bus route to the track during high end events. That way people have other options than worrying about where to park and paying for parking. Then after all of this, look at getting night lights. I think the aforementioned strategies are more necessary than night racing at this point in time.

  4. Talking about congestion ANYWHERE in Indianapolis is absolutely laughable. Sure you may have to wait in 5 minutes of traffic to travel down BR avenue during *peak* times. But that is absolutely nothing compared to actual big cities. Indy is way too suburban to have actual congestion problems. So please, never bring up "congestion" as an excuse to avoid development in Indianapolis. If anything, we could use a little more.

  5. Oh wait. Never mind.

ADVERTISEMENT