Title
Request to Consider Adoption of the Restated Resolution, to replace RES0299-2010 adopted at the December 13, 2010 Regular Meeting, regarding the request to revoke IFT #2006-428 for ThyssenKrupp
Body
Whereas, Industrial Facilities Exemption Certificate (IFT) #2006-428 was approved by City Council on September 6, 2006 for 2923 Technology Drive for Energy Conversion Devices; and
Whereas, IFT #2006-428 was transferred to ThyssenKrupp Materials NA, Inc. for 2923 Technology Drive by City Council on September 15, 2008 for a period of up to six (6) remaining years for real property; and
Whereas, ThyssenKrupp Materials NA, Inc. has vacated the building as of November 1, 2010; and
Whereas, at its December 13, 2010 meeting, the Rochester Hills City Council approved an Industrial Facilities Exemption Certificate for Otto Bock Polyurethane Technologies, Inc. for the property located at 2923 Technology Dr. and requested that the State Tax Commission revoke IFT #2006-428 for ThyssenKrupp in one Resolution; and
Whereas, the State Tax Commission has requested that the two actions above be adopted in separate Resolutions.
Resolved, that the City Council requests that the State Tax Commission terminate Industrial Facility Exemption Certificate #2006-428 for the reasons stated above and requests that City Administration submit this request in writing along with a copy of this resolution to the State Tax Commission no later than March 31, 2011.
Be It Further Resolved, that the City Council's prior Resolution RES0299-2010, adopted on December 13, 2010, is hereby rescinded, superseded and replaced by this Resolution.