The URL can be used to link to this page

Home My WebLink AboutResolutions - 2010.03.25 - 10187A777ILDING yOMMITTEE PLANNING & BUILDING COMMITTEE VOTE: L. Motion carried unanimously on a roll call vote. MISCELLANEOUS RESOLUTION 110058 March 25, 2010 BY PLANNING AN SUILUTNG COMMITTEE, JOHN SCOTT, CHAIRPERSON IN RE: PLANNING AND ECONOMIC DEVELOPMENT SERVICES DIVISION RESOLUTION APPROVING PROJECT AREA AND PROJECT DISTRICT AREA (U.S. FARATRANE CORPORATION PROJECT) - CITY OF AUBURN HILLS To the Oakland County Board of Commissioners Chairperson, Ladies and Gentlemen: WHEREAS there exists in the County of Oakland the need for projects to alleviate and prevent conditions of vnemployment, to assist and retain local industrial and commercial enterprises in order to strengthen and revitalize the County's economy and to encourage the location and expansion of such enterprises to provide needed services and facilities to the County and its residents; and WHEREAS the Economic Development Corporations Act, Act No. 338 of the Michigan Public Acts of 1974, as amended (the "Act") provides a means for the encouragement ot such projects in this County through the County's Economic Development Corporation (the !EDC!) and WHEREAS the EDC has commenced proceedings under the Act for the benefit cf such a pr -:)ject ;U.S. Farathane CorporaLion Project) and has designated to the Oakland County board of Commissioners a Project Area and Project District Area for its approval. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners hereby certifies and approves the Project Area as designated by the EDC. BE :T FURTHER RESOLVED that, it having been determined that the territory surrounding said designated Project Area will not be significantly affected by the Project because the surrounding territory is devoted to commercial/industrial uses, a Project District Area having the same description as and boundaries coterminous with the Project Area herein certified as approved be hereby established. BE IT FURTHER RESOLVED that, it having been determined that there are less than eighteen residents, real property owners, or representatives ef establishments located within the Pro t ect District Area, a Project Citizens District Council shall not be formed pursuant to Section 200J.) of the Act. BE IT FURTHER RESOLVED that the County Clerk is hereby directed to provide four certified copies of this resolution to the Secretary of the Board of the EDC. Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. US Farathane Corporation City of Auburn Hills MIC No. 10-(12 Company: Project: US Farathane Corporation (USF) is a privately-held Michigan S-corporation founded in 1971. USF designs and manufactures highly engineered plastic fabricated components. UST' provides its customers with a wide range of full service support in product design. material selection, and manufacturing capabilities serving the automotive, consumer goods, electronics, and heavy trucks industries. The proposed project consists of relocating its corporate headquarters, research and design center, and existing manufacturing facilities in Sterling Heights to the proposed Auburn Hills location (Oakland Technology Park). USF will be constructing a 240,000 square foot facility on 16.5 acres to serve as the company's world headquarzers and premier manufacturing facility. USF will be purchasing injection molding presses and related equipment, automated assembly equipment, overhead cranes, centralized material feed system, water tower, chillers, compressor, and silos. Location: 2700 High Meadow, Auburn Hills, MI 48326 Project Financingl EDC Bond: S19,000,000 Other Financing: S2,182.000 Equity: S5,883,000 $27065,000 Project Cost: Land $1,500,000 Building (Purchase & Construction) S13,868,000 Building (Renovations) $ - 0 - Site Work $750,000 Machinery & Equipment $10,147,000 Engineering Fees $100,000 Professional Fees $100,000 Financing Fees & Costs $400,000 Other Costs S - 0 - Total Project 527,065,000 Job Impact: Jobs Created: 94 Unskilled: 49 Service: 0 Professional; 3 Technical: 17 Semi-Skilled: 10 Managerial: 5 Clerical: 5 5 Sales: 0 Jobs Retained: 190 Unskilled: 70 Service: 0 Professional: 29 Technical: 48 Semi-Skilled 21 Managerial: 12 Clerical: 1 Skilled: 9 Sales: 0 Owner: Cyril J. Edwards WIT (89.11%), Andrew J. Greenlee (10%), Cyril J. Edwards Revocable Trust (0.89%) Prior Approvals: 1. County EDC: Resolution of :nducement (3/2/2010) 2. County EDC Resolution Recommending Project Area, Project District Area & Requesting Appointment of Additional Directors (3/2/2010) S4te Offen 2520UYVERWf CR AI)910 HL5,M1 4826- 1 DEFEFIAL ItfORNT1114 Post I Mdiess 0 9 55. CHIMER DR ...:.4 AUBURN HILLSPI 45326-2757 Parcel ID 1, 14144511V 2 Ovener(k .,. OLD CABCC LLC -.--, Muicipaliiy 6 CITY DF .ALBURN HILLS , ...6 ASSESSMENT 11FCRUATE)1 Assemd Value 24 Ta2de Value 247736',ga Use INCUSTRIk irAC,ANT SOW District P-DRIAC CD' SANOLS Neighborhood poet Iv Date Added 9,241396 Prcealty Description TA RIPE SEC "4 PART OF 3 1,2 Of SEC BEG AT F. COR OF 1r12 OF SE ITH 83-244, W ALG 5 SEC LINE21 Fl TO CEN CPA CLEW% RD. TH N 44O 70E ier4.131 FT & 44-16.3E e9,7C N31-41-WE FT N 5Ce1l-COF FT E N64.114E75 FTALG GEN OFSORDTON11E.TFlS Phor)e. 248-S519.0720 dp. 41 MKT Wainioni, MI 45328 1 inch 3CAD Met 2008 Color Legend 1-1 PanyJi L Ines ci (NI Hot:vier E,s 17:wow, Iines NORTH FEMA Data: mo Rase ir,o1E MEECrce, SE,ta,r, FlaocIplaln 1 10G yr approx 'CPO VK CillilViad ..7411,1r 016.110•10101. .000%..of iftwd-i= 1_7,,salaimnr" T hc inforrnaliori provkied in nos Vy.s.tem has tle-Mfl COrrip4ecl iron recur oed deeds, Oats, ;ax maw. survey5 and u.Iter public records an:: data. II is nal a lecia ly recurdeLi map 04 sdryey and is rout irtended 4J L USed as One Users r)I daa ere henaty notnincl that the rikymal-On Satoces mentioned above shoald be ccd-rsul!ed IOa -verihrAtion nt the information. Printed an Mar 09. 2010 Resolution 00058 Moved by Scott supported by Greimel the resolution be adopted. Discussion followed. March 25, 2010 AYES: Gosselin, Greimel, Hatchett, Jackson, Jacobsen, Long, McGillivray, Middleton, Nash, Potter, Potts, Runestad, Schwartz. Scott, Taub, Zack, Bullard, Burns, Capello, Coleman, Coulter, Douglas. Gershenson, Gingell. (24) NAYS: None. (0) A sufficient majority having voted in favor, the resolution was adopted. I HEREBY APPROVE THE FOREGOING RESCUT,C1\1 ACTING PURSUANT TO 1973 PA 139 STATE OF MICHIGAN) COUNTY OF OAKLAND) I. Ruth Johnson, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on March 25, 2010. wIth the original record thereof now remaining in my office. In Testimony Whereof. I have hereunto set my hand and affixed the seal of the County of Oakland at Pontiac, Michigan this 25th day of March, 2010. Ruth Johnson, County Clerk