Title
Request for Approval of an Industrial Facilities Exemption Certificate for real and personal property at 2350 Austin Ave. (Rayconnect, Inc.)
Body
Whereas, Rayconnect, Inc., as owners of certain industrial property in the City of Rochester Hills, Oakland County, Michigan are located within an Industrial Development District under the “Plant Rehabilitation and Industrial Development Districts Act of 1974,” as amended; and
Whereas, the Industrial Development District is that property located at 2350 Austin Ave., further identified as Parcel Number 15-29-452-036, further identified as:
T3N, R11E, SEC 29 SUPERVISOR’S PLAT NO. 9 LOTS 1 & 2 MORE PARTICULARLY DESC AS BEG AT SW COR OF ‘SD’ LOT 1, TH N 03-02-01 W 354.65 FT, TH N 23-06-22 W 193.48 FT, TH N 02-58-23 W 28.52 FT, TH N 83-01-04 E 801.63 FT, TH S 02-26-26 E 588.59 FT.; AND
Whereas, Rayconnect, Inc. has made application to the Rochester Hills City Council for an Industrial Facilities Exemption Certificate under the above noted legislation; and
Whereas, a Public Hearing regarding this request was held at City Council’s Regular Meeting of December 9, 2013 in which the taxing authorities, applicant and public were given an opportunity to be heard; and
Whereas, the Rochester Hills City Council has reviewed the application and made the following findings:
a. The granting of the Industrial Facilities Exemption Certificate, considered together with the aggregate amount of Industrial Facilities Exemption Certificates previously granted and currently in force under Act No. 198 of the Public Acts of 1974 and Act No. 255 of the Public Acts of 1978, does not have the effect of substantially impeding the operation of the City of Rochester Hills or impairing the financial soundness of a taxing unit which levies an ad valorem property tax in the City of Rochester Hills in which the facility is located.
b. Completion of the facility is calculated to, and will at the time of issuance of the certificate, ...
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