(Richmond, IN)--On Monday, Richmond Common Council will address two loans that would fund clean-up of the old Reid property. One is a zero-interest loan for $2.8 million to clean up contamination. The other is a $5.25 million, 2% interest loan that would demolish and remove the buildings. The loan application indicates cleanup would begin this October and would take a year and a half to complete. The application says the city intends to use the property as a multi-use residential or commercial property and city park by May of 2021.