RACER Trust to Have Strong Presence at National Brownfields Training Conference

RACER Trust today announced it will participate in four educational panels, including one focused on RACER’s legacy of success in Pontiac, MI, during this week’s National Brownfields Training Conference in Los Angeles.

The conference, known as Brownfields 2019, is the premier national event for environmental and redevelopment professionals in the United States. Held every other year, it is presented by the U.S. EPA.

This year marks the 18th edition of the conference, to be held at the Los Angeles Convention Center. It is the largest gathering of stakeholders focused on cleaning up and reusing formerly utilized commercial and industrial properties. More than 1,800 professionals are registered for this year’s event, which takes place Wednesday through Friday.

“The National Brownfields Training Conference is a great opportunity for RACER to not only stay current on emerging ideas and trends in remediation and redevelopment, but to lend our considerable experience and expertise to colleagues who, like us, are engaged in the cause of cleaning up and creating new economic opportunities on underutilized properties, both of which are broadly beneficial to communities,” said Elliott P. Laws, of EPLET, LLC, administrative trustee of RACER Trust. “It’s an event all of us look forward to, both for the value it provides to us as we execute our mission and for the opportunity to serve others with similar goals.”

The programming RACER personnel will lead or participate in, in addition to the discussion focused on RACER’s overall success, will concentrate on dealing with emerging contaminants as part of overall redevelopment planning; corporate leadership in positioning impaired properties for reuse; and creating the ideal environment to stimulate market interest in property redevelopment.

Mr. Laws will moderate the discussion focused on RACER’s overall success, which will also feature Pontiac Mayor Dr. Deirdre Waterman and Patricia Overmeyer, Deputy Director of the U.S. EPA Office of Brownfields and Land Revitalization. Other RACER participants are Redevelopment Manager Bruce Rasher, who will moderate the emerging contaminants panel and serve as a panelist on the corporate leadership panel; Michigan Cleanup Manager Grant Trigger, who will serve on the emerging contaminants panel; and Transaction Manager Steven Black, who will serve on the panel dedicated to stimulating market interest.

RACER also will present its second RACER’s Edge Award, recognizing the outstanding redevelopment of a former RACER property, at an evening reception on Wednesday.

About RACER Trust: RACER (Revitalizing Auto Communities Environmental Response) Trust was created to clean up and position for redevelopment properties and other facilities owned by the former General Motors Corp. before its 2009 bankruptcy. RACER is one of the largest holders of industrial property in the United States and is the largest environmental response and remediation trust in U.S. history. When the Trust was formed, it owned properties at 89 locations in 14 states, principally in the Midwest and Northeast. The Trust was created by a settlement agreement in the U.S. Bankruptcy Court between the U.S. Government, the 14 states where the former GM properties are located, and the St. Regis Mohawk Tribe, which owns land adjoining one of the properties in Upstate New York. For more information, please visit our website: www.racertrust.org.