Title
Consider request to opt out of a tax exemption of personal property acquired in 2006 by Ovonic Battery Company
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 Ovonic Battery Co., 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 Monday, February 26, 2007.