Title
Request to establish an Industrial Development District at 1939 Northfield Drive, Rochester Hills, MI 48309
Body
Whereas, Diversified B & D, LLC has filed a request for the establishment of an Industrial Development District for property it owns, identified as 1939 Northfield Dr., Parcel Number 15-28-352-002, further identified as:
T3N, R11E, Sec 28 NORTHFIELD INDUSTRIAL PARK E 40 FT OF LOT 2 & ALL OF LOTS 3 & 4, and
Whereas, the Rochester Hills City Council held a public hearing regarding this request at the Regular Meeting of June 9, 2008 at 7:30 p.m. in the Council Chambers, at 1000 Rochester Hills Dr., 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 pursuant to said Act, and
Be it Further Resolved, that the above listed legal description is hereby designated an Industrial Development District.