Title
Request to Establish an Industrial Development District at 1685 Northfield Dr., 2775 Commerce Dr., 1758 Northfield Dr., 1744 Northfield Dr. and 2798 Product Dr., Rochester Hills, MI 48309
Body
Whereas, Adco Investments LLC and Hi-Tech Mold & Engineering, Inc. have jointly filed a request for the establishment of an Industrial Development District for property owned and located at:
1685 Northfield Dr., also known as parcel Number 15-28-377-024, further described as:
T3N, R11E, SEC 28 NORTHFIELD INDUSTRIAL PARK NO 2 LOT 39 12-05-88 FROM 022; and
2775 Commerce Dr., also known as Parcel Number 15-28-376-026, further described as:
T3N, R11E, SEC 28 NORTHFIELD INDUSTRIAL PARK N 80 FT OF LOT17, ALSO ALL OF LOTS 18 & 19, ALSO LOT 20, ALSO S 110 FT OF LOT 21 02-10-00 FR 005 & 025; and
1758 Northfield Dr., also known as Parcel Number 15-28-376-022, further described as:
T3N, R11E, SEC 28 NORTHFIELD INDUSTRIAL PARK S 320 FT OF LOT 17 07/17/86 FR 006; and
1744 Northfield Dr., also known as Parcel Number 15-28-376-014, further described as:
T3N, R11E, SEC 28 NORTHFIELD INDUSTRIAL PARK NO 2 LOT 50 3-27-84 FR 300-050; and
2798 Product Dr., also known as parcel Number 15-28-376-019, further described as:
T3N, R11E, SEC 28 NORTHFIELD INDUSTRIAL PARK NO 2 LOT 47, ALSO N 50 FT OF LOT 48 4/9/85 FR 011 & 012; and
Whereas, the Rochester Hills City Council held a public hearing regarding this request at the Regular Meeting of October 20, 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 legal description is hereby designated an Industrial Development District.