Title
Request for Approval of an Industrial Facilities Exemption Certificate for Sunlogics, PLC, 2910 Waterview Drive, Rochester Hills, Michigan
Body
Whereas, pursuant to PA 198 of 1974, as amended, after a duly noticed Public Hearing held on August 29, 2011, the Rochester Hills City Council by resolution established that Sunlogics PLC is located within an Industrial Development District; and
Whereas, the Industrial Development District is that property located at 2910 Waterview Dr., also known as Tax Parcel No. 15-30-451-049 and further described as:
T3N, R11E, SEC 30 ROCHESTER HILLS CORPORATE CENTER SUB LOTS 10 TO 13 INCL, ALSO OF 'AUBURN HIGHLANDS' LOTS 30 TO 33 INCL EXC E 10 FT OF SD LOTS 32 & 33 8-22-01 FR 005, 006, 036 & 045; and
Whereas, Sunlogics, PLC filed an application for an Industrial Facilities Exemption Certificate on July 29, 2011 for personal property to be acquired and installed at the facility within the Industrial Development District; and
Whereas, installation of new equipment had not begun earlier than six months before July 29, 2011, 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 August 29, 2011 at 1000 Rochester Hills Drive, Rochester Hills, MI 48309 at 5:30 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:
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, 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 t...
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