Title
Request to establish an Industrial Development District at 2956 Waterview Dr. for Ovonyx Technologies.
Body
Whereas, Joel Nosanchuk has filed a request for the establishment of an Industrial Development District for property he owns, identified as 2956 Waterview Dr., Parcel Number 15-30-376-022, further identified as:
T3N, R11E, SEC 30 ROCHESTER HILLS CORPORATE CENTER SUB LOT 4 EXC SLY 27 FT, ALSO ALL OF LOT 5 5-18-95 FR 012 & 013, and
Whereas, the Rochester Hills City Council held a public hearing regarding his request at the Workshop Meeting of September 5, 2007 at 7:30 p.m. in the Council at 7:30 p.m. in the Council Chambers, at 1000 Rochester Hills Drive, 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.
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 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.