State of Illinois

Cleanup Revolving Loan Fund Pilot Fact Sheet
(Coalition among the State of Illinois and the Cities of Canton, East Moline, Freeport, Galva, Lacon, and Waukegan)
[ HTML (14K) | PDF (15K) 2 pages]
Publication Number: EPA 500-F-99-075
May 1999

Pilot refers to projects funded prior to 2003. Grants refer to projects funded from 2003 on, under the authority of the Small Business Liability Relief and Brownfields Revitalization Act.

On July 3, 2003, the State of Illinois Coalition loaned $425,000 to the City of Lacon, Illinois to assist with cleanup costs associated with the Lacon Woolen Mill property. This loan was made possible through a $3.5 million EPA Brownfields Revolving Loan Fund (RLF) grant awarded to the State of Illinois Coalition in 1999. Between 1865 and 1968, raw wool was processed on this 17-acre former mill property. The city leveraged more than $630,000 in state and local funding for assessment activities, which revealed contamination in the form of controlled substances, volatile organic compounds, and pesticides. Cleanup of the Lacon Woolen Mill property was completed in October 2004. Plans for the property include assisted living townhomes and greenspace. For more information about this loan or the State of Illinois Coalition EPA Brownfields Revolving Loan Fund, contact the EPA Region 5 Brownfields Coordinator at (312) 886-7576.

In April 2004, the State of Illinois Coalition loaned $143,750 to the Village of Lansing to assist with cleanup costs associated with the former Vulcan Mold property. This loan was made possible through a $3.5 million EPA Revolving Loan Fund (RLF) grant awarded to the State of Illinois Coalition in September 1999. Cleanup activities, which were completed in May 2005, treated soil and ground water that were contaminated with polychlorinated biphenyls, polycyclic aromatic hydrocarbons, metals, and underground storage tanks from the six-acre former foundry. In addition to EPA funding, the Village of Lansing also leveraged $20,000 in cleanup funding from the State of Illinois. The Village of Lansing is currently discussing redevelopment plans. For more information about this loan or the State of Illinois Coalition EPA Brownfields Revolving Loan Fund, contact the EPA Region 5 Brownfields Coordinator at (312) 886-7576.

In September 2005, the State of Illinois Coalition loaned $425,000 to the City of Monticello to assist with cleanup costs associated with the former Pepsin Syrup Company property. This loan was made possible through a $3.5 million EPA Revolving Loan Fund (RLF) grant awarded to the State of Illinois Coalition in September 1999. The cleanup removed debris and contaminated soils from the former manufacturing facility. The City of Monticello plans a mixed-use redevelopment for the former Pepsin Syrup Company property, generating new job opportunities and increased tax revenue for the community. For more information about this loan or the State of Illinois Coalition EPA Brownfields Revolving Loan Fund, contact the EPA Region 5 Brownfields Coordinator at (312) 886-7576.