Title
Request to consider opting out of a Tax Exemption of Personal Property acquired in 2007 by Cobasys, LLC.
Body
Resolved that the City of Rochester Hills is opting-out of the exemption of the alternative energy personal property from local personal property taxes of Cobasys, LLC, a certified Alternative Energy Technology Business, as permitted by Public Act 549 of 2002, and
Be It Further Resolved that the City Clerk should forward a certified copy of this Resolution to the Michigan NextEnergy Authority no later than Friday, March 7, 2008.