Title
Request to establish an Industrial Development District for Parcel Nos. 15-29-452-027 and -028, Rochester Hills, MI 48309
Body
Whereas, the City of Rochester Hills Administration is requesting that the City Council establish an Industrial Development District (IDD) for property identified as 2559 Devondale Street, further identified as Parcel Number 15-29-452-028 and Parcel Number 15-29-452-027, further described as:
(2559 Devondale)
T3N, R11E, SEC 29 SUPERVISOR'S PLAT NO 9 PART OF LOT 1 & ALL OF LOT 2, ALL BEING DESC AS BEG AT PT DIST N 01-01-10 E 125.12 FT FROM SW COR OF LOT 1, TH N 01-01-10 E 229.55 FT, TH N 19-01-20 W 193.76 FT, TH N 01-04-48 E 28.01 FT TO NE COR OF LOT 1, TH N 87-01-10 E 801.69 FT, TH S 01-35-30 W 588.87 FT, TH S 88-31-00 W 379.46 FT, TH N 00-58-05 E 125.11 FT, TH S 88-31-00 W 348.61 FT TO BEG, and
(Vacant Land)
T3N, R11E, SEC 29 SUPERVISOR'S PLAT NO 9 PART OF LOT 1 BEG AT SW LOT COR, TH N 01-01-10 E 125.12 FT, TH N 88-31-00 E 348.61 FT, TH S 00-58-05 W 125.11 FT, TH S 88-31-00 W 348.72 FT TO BEG, and
Whereas, the Rochester Hills City Council held a Public Hearing regarding this request at the Regular Meeting of June 23, 2008 at 7:30 p.m. in the Council Chamber, 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.
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 pursua...
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