HomeMy WebLinkAboutResolutions - 2010.09.01 - 10322MISCELLANEOUS RESOLUTION -110215 September 1, 2010
BY: PLANNINC AND BUILDING COMMITTEE, JOHN SCOTT, CHAIRPERSON
IN RE: PLANNING AND ECONOMIC DEVELOPMENT SERVICES DIVISION RESOLUTION
APPROVING PROJECT AREA AND PROJECT DISTRICT AREA (TRYNEX, INC. PROJECT) - CITY
OF MADISON HEIGHTS
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 unemployment, 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 of 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
of such a project (Trynex, Inc. Project.) and has designated to this 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 EEC.
BE IT FURTFER 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 of
establishments located w.th.n the Project District Area, a Project Citizens
District Council shall not be formed pursuant to Section 20(b) 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.
PLANNING & BUILDING COMMITTEE VOTE:
Motion carried unanimously on a roll call vote.
Trynei, Inc.
City of Madison Heights
EDC No. 10-03
Company:
Project:
Trynex, Inc. has been in business for 18 years and is a manufacturer and distributor of the
SnowEx line of salt spreaders, the Turf-Ex line of fertilizer and ground maintenance
equipment, and the SweepEx line of floor cleaning equipment. SnowEx spreader is built
exclusively for the snow and ice control industry and is a leader in that industry. The
TurfEx line provides a full line of professional-duty turf management equipment catering
to end users from grounds maintenance and sports turf professionals to golf course
superintendents and nursery operations, The SweepEx product line provides its customers
with an advanced floor debris removal system.
The proposed project consists of the acquisition and renovation of an existing 120,000
square foot manufacturing facility situated on 6 acres of land. The company also intends
to acquire and install certain machinery and equipment, furniture and fixtures for use in
its operations.
Location: 531-631 Ajax Dr., Madison Heights, MI 48071
Project Financing: EDC Bond; $3,000,000
Other Financing: $ - 0 -
Equity: $750.000
$3,750,000
PtiLqCost: Land $50,000
Building (Purchase & Construction) $1,700,000
Building (Renovations) $600,000
Site Work S - 0 -
Machinery & Equipment $1,265,000
Engineering Fees $ - 0 -
Professional Fees $45,000
Financing Fees & Costs $80,000
Other Costs $10,000
Total Project $3,750,000
Job Impact: Jobs Created: -h 20
Unskilled: 0 Service: 0 Professional: 0
Technical: 0 Semi-Skilled: 6 Managerial: 1
Clerical: 0 Skilled: 6 Sales: 7
Jobs Retained: 35
Unskilled: 0 Service: 0 Professional: 0
Technical: 0 Semi-Skilled 8 Managerial: 5
Clerical: 0 Skilled: 9 Sales: 13
Owner: Charles Traan, James Truan, Phil Tnian
Prior Approvals:
1, County EDC: Resolution of Inducement (3/16/2010)
2. County EDC Resolution Recommending Project Area, Project District Area & Requesting Appointment
of Additional Directors (3/16/2010)
3. Warren City Council approved Transfer of Employment Resolution (8/10/2010)
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GENERAL INFORMATION
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Printed un Aug 11. UtO
Resolution #10215 September 1, 2010
Moved by Nash supported by Gosselin the resolutions (with fiscal notes attached) on the Consent Agenda
be adopted.
AYES: Burns, Coulter, Douglas, Gershenson, Gingen, Gosselin, Greimel, Hatchett, Jackson,
Jacobsen. Long, McGillivray, Middleton. Nash, Potts, Runestad, Schwartz, Scott, Taub,
Woodward, Zack, Bullard, (22)
NAYS: None. (0)
A sufficient majority having voted in favor, the resolutions (with fiscal notes attached) on the Consent
Agenda were adopted.
I REY ORM THE FOREGOING RESOLUTION
Welio
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 September
1, 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 1st day of September, 2010.
eat
Ruth Johnson, County Clerk