File #: 2007-0467    Version:
Type: Exemptions Status: Passed
File created: 7/30/2007 In control: City Council Regular Meeting
On agenda: Final action: 8/22/2007
Title: Request to establish an Industrial Development District at 3072 Research Dr., Rochester Hills, MI 48309.
Indexes: Taxes
Attachments: 1. Agenda Summary.pdf, 2. 080807 Agenda Summary.pdf, 3. 080807 Resolution.pdf, 4. Resolution.pdf
Title
Request to establish an Industrial Development District at 3072 Research Dr., Rochester Hills, MI 48309.

Body
Whereas, GDC No. 9, also known as the General Development Company, as owner of certain industrial property in the City of Rochester Hills, Oakland County, Michigan, has filed a request with the City of Rochester Hills City Council for the establishment of an Industrial Development District under the "Plant Rehabilitation and Industrial Development Districts Act of 1974," as amended, and

Whereas, the proposed development district is that property located at 3072 Research Dr., Rochester Hills, Michigan, also known as Parcel Number 15-30-477-016, more particularly described as:

T3N, R11E, SEC 29 & 30 ROCHESTER HILLS EXECUTIVE PARK PART OF LOT 32 BEG AT PT DIST N 85-57-25 E 50 FT & N 77-31-46 E 105 FT FROM NW LOT COR, TH ALG CURVE TO LEFT, RAD 358.23 FT, CHORD BEARS N 67-16-27 E 22.85 FT, DIST OF 22.86 FT, TH N 65-26-46 E 126.57 FT, TH ALG CURVE TO RIGHT, RAD 137.50 FT, CHORD BEARS S 12-31-52 E 40.20 FT, DIST OF 40.34 FT, TH S 04-02-35 E 320.16 FT, TH S 85-57-25 W 140 FT, TH N 04-02-35 W 257.57 FT, TH ALG CURVE TO LEFT, RAD 212.50 FT, CHORD BEARS N 10-56-26 W 51.04 FT, DIST OF 51.16 FT TO BEG 8-5-05 FR 001

Whereas, the Rochester Hills City Council held a public hearing regarding
this request at the Workshop Meeting of August 15, 2007 at 7:30
p.m. in the Council Chambers, at 1000 Rochester Hills Dr., Rochester Hills,
Michigan, during which the owner of the property 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.

Now, Therefore, Be It 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 t...

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