File #: 2020-0148    Version:
Type: Purchase Status: Passed
File created: 4/15/2020 In control: City Council Regular Meeting
On agenda: Final action: 6/8/2020
Title: Request for Approval of an Industrial Facilities Exemption Certificate for Auburn Pharmaceutical Company located at 1744 Rochester Industrial Drive, in Rochester Hills, Michigan
Attachments: 1. 06082020 Agenda Summary.pdf, 2. IFT Application.pdf, 3. Presentation.pdf, 4. Development Agreement.pdf, 5. Financial Analysis.pdf, 6. Tax Exemption Chart.pdf, 7. Tax Abatement Policy.pdf, 8. Public Hearing Notice.pdf, 9. Resolution (Draft).pdf, 10. SUPPL Resolution.pdf
Title
Request for Approval of an Industrial Facilities Exemption Certificate for Auburn Pharmaceutical Company located at 1744 Rochester Industrial Drive, in Rochester Hills, Michigan

Body
Whereas, pursuant to PA 198 of 1974, as amended, after a duly noticed Public Hearing held on June 8, 2020, the Rochester Hills City Council by resolution established that Auburn Pharmaceutical Company, is located within an Industrial Development District; and

Whereas, the Industrial Development District is that property located at 1744 Rochester Industrial Dr., Rochester Hills, MI 48309 also known as Parcel No. 15-21-276-014 and further described as:

(1744 Rochester Industrial Dr.)
T3N, R11E, SEC 21 PART OF NE 1/4 BEG AT PT DIST N 02-27-24 W 358.71 FT & N 84-53-32 W 353.90 FT & N 54-53-32 W 70 FT & S 80-06-30 W 135.23 FT & N 84-53-32 W 109.96 FT & N 80-25-11 W 98.99 FT & S 54-34-50 W 28.48 FT FROM E 1/4 COR, TH S 54-34-50 W 514.25 FT, TH N 84-53-32 W 206.16 FT, TH S 01-49-58 W 70.11 FT, TH N 84-53-32 W 420.50 FT, TH N 39-54-26 E 1067.23 FT, TH S 35-28-25 E 621.73 FT TO BEG 9.62 A 6-11-07 FR 010

Whereas, Auburn Pharmaceutical Company has filed an application for an Industrial Facilities Exemption Certificate on March 18, 2020 for real property to be installed within the Industrial Development District; and

Whereas, installation of new facility had not begun earlier than six months before March 18, 2020, the date of acceptance of the application for the Industrial Facilities Exemption Certificate; and

Whereas, before acting on said application, the Rochester Hills City Council held a Public Hearing on June 8, 2020 via Zoom Conference Call at 7:00 p.m. for which Hearing the applicant, the Assessor and the taxing authorities were given written notice and were afforded an opportunity to be heard and after review of the application, the City Council made the following findings and condition:

Findings:

a. The granting of the Industrial Facilities Exemption Certificate, consid...

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