Title
Request for Approval of an Industrial Facilities Exemption Certificate (IFT or tax abatement) for Molex, LLC, located at 3499 W. Hamlin Road, Rochester Hills, Michigan
Body
Whereas, pursuant to PA 198 of 1974, as amended, after a duly noticed Public Hearing held on January 23, 2017, the Rochester Hills City Council by resolution established that Molex, LLC is located within an Industrial Development District; and
Whereas, the Industrial Development District is that property located at 3499 W. Hamlin Rd., also known as Parcel No. 15-30-227-004 and further described as:
T3N, R11E, SEC 30 PART OF N 1/2 OF SEC BEG AT PT DIST S 00-19-29 E 1058.39 FT & S 76-10-56 W 718.31 FT & S 84-44-06 W 76.24 FT & S 81-40-16 W 1027.66 FT FROM NE SEC COR, TH S 03-23-22 E 446.87 FT, TH S 83-03-17 W 83.49 FT, TH N 88-41-47 W 616.86 FT, TH N 67-46-14 W 300 FT, TH N 45-01-47 W 300 FT, TH N 44-57-49 E 200.83 FT, TH N 00-01-47 W 33 FT, TH N 89-58-13 E 126.55 FT, TH N 89-24-07 E 890.68 FT, TH S 03-23-22 E 67.95 FT TO BEG 11.94 A5-24-96 FR 002
Whereas, Molex, LLC has filed an application for an Industrial Facilities Exemption Certificate on December 2, 2016 for real property to be installed within the Industrial Development District; and
Whereas, installation of new facility had not begun earlier than six months before December 2, 2016, the date of acceptance of the application for the Industrial Facilities Exemption Certificate; and
Whereas, before acting on said application, the Rochester Hills City Council held a Public Hearing on January 23, 2017 at 1000 Rochester Hills Dr., Rochester Hills, MI 48309 at 7:00 p.m. for which Hearing the applicant, the Assessor and the taxing authorities were given written notice and were afforded an opportunity to be heard and after review of the application, the City Council made the following findings:
a. The granting of the Industrial Facilities Exemption Certificate, considered together with the aggregate amount of Industrial Facilities E...
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