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Request to establish an Industrial Development District at 1665 W. Hamlin
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Whereas, C & D Building, LLC, owners of the Hamlin Industrial Condominium, have requested the establishment of an Industrial Development District (IDD) for Unit 3, also known as 1665 W. Hamlin Road, and further identified as:
Unit 3, Hamlin Industrial Condominium, according to the Master Deed recorded in liber 39410, pages 389 through 438, both inclusive, Oakland County Records, and designated as Oakland County Condominium Subdivision No. 1941, together with rights in general common elements and limited common elements, as set forth in the above described Master Deed and as described in Act 59 of the Public Acts of 1978, as amended, and
Whereas, the Rochester Hills City Council held a Public Hearing regarding this request at the Regular Meeting of July 14, 2008 at 7:30 p.m. in the council Chambers, at 1000 Rochester Hills Dr., Rochester Hills, Michigan, during which the owner of the property, taxing authorities, and all interested parties were given the opportunity to be heard, and
Whereas, the establishment of an Industrial Development District is consistent with the objectives of the City for industrial development and the creation of new employment opportunities.
Resolved, that the Rochester Hills City Council determines that the levies of ad valorem taxes are at a rate, when taken together with the rates of ad valorem taxes levied by any other taxing authority which levies taxes within the City of Rochester Hills, equals or exceeds $30.00 for each $1,000.00 of taxable value, and therefore is eligible for designation as an Industrial Development District pursuant to said Act, and
Be it Further Resolved, that the above listed legal description is hereby designated an Industrial Development District.