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HomeMy WebLinkAboutResolutions - 1989.03.22 - 17044March 23, 1989 MISCELLANEOUS RESOLUTION NO. Pqn 5=13 RE: ECONOMIC DEVELOPMENT DIVISION RESOLUTION APPROVING PROJECT PLAN (A.B. HELLER INC. PROJECT) - MILFORD TOWNSHIP BY: PUBLIC SERVICES COMMITTEE, RICHARD D. KUHN, JR , CHAIRMAN TO: THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairman, Ladies and Gentlemen: WHEREAS, The Economic Development Corporation of the County of Oakland (the "EDC") has recommended that this Board of Commissioners approve the Project Plan required by the Economic Development Corporations Act, Act No. 338 of the Michigan Public Acts of 1974, as amended (the "Act") for the A.B. Heller Inc. Project, a copy of which Project Plan is attached hereto as Exhibit A (the "Project Plan"); and WHEREAS, the EDC's recommendation to this Board of ssioners was based upon its determinations that the Project is reasonable and necessary to effectuate the purposes of the Act, that the Project Plan prepared in connection with the Project satisfies all of the requirements of Section 8 of the Act regarding project plans, that the persons who will be active in the management of the project for at least one (1) year after the projected date of the County Board of Commissioner's approval of the Project Plan will have sufficient ability and experience to manage the Plan properly, and that the proposed method of financing the Project is feasible and a bond purchaser's commitment has been obtained; and WHEREAS, on February 15 , 1989, the governing body of Milford Township, Oakland County, Michigan, also approved the Project Plan; and Chairman Moved by Richard Kuhn supported by Skarritt the resolution be adopted. 4aa,..(4 121/c). chard . -n. Jr. Richard D. Kuhn, Jr. 'ate , Hobart,- WHEREAS, on March 9 , 1989, this Board of Commissioners held a public hearing to consider whether the Project Plan constitutes a public purpose as contemplated by the Act; and WHEREAS, this Board of Commissioners, following such public hearing and its review of the Project Plan, concurs in the determinations of the EDC with respect thereto; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE COUNTY OF OAKLAND, as follows: 1. The Project Plan, in the form attached hereto as Exhibit A, be and is hereby determined to constitute a public purpose as contemplated by the Act. 2. The Project Plan be and is hereby approved. 3. The EDC be and is hereby authorized to take such steps as are necessary to implement the Project and the financing thereof by the issuance of revenue bonds or notes. 4. The County Clerk be and is hereby directed to provide four certified copies of this resolution to the Assistant Secretary of the Board of the EDC. The Public Services Committee, by Richard D. Kuhn, Jr., Chairman, moves for adoption of the foregoing resolution. 1 TH 7 -HNG RESOLF-ION PUBLIC SERVICES COMMITTEE YEAS: Members: Pernick, Rewold, Skarritt, Wolf, Aaron Caddell, Calandro, Chester, Crake, Ferrens, Goslin Jensen, Johnson, R. Kuhn. Luxon_ McConnell. mcCull WO I T Aaron. nson, R , Nunn, Ixon. M erson, McCulInch. MrPh Moffitt, Oaks, Olsen, Pappageorge. (24) NAYS: Members: None. (0) ABSENT: Members: S. Kuhn, Law, Price. (3) ABSTENTIONS: Members: None. (0) A sufficient majority having voted therefor, the resolution was adopted. — 2 — RESOLUTION DECLARED ADOPTED: Lynn D. Allen County Clerk STATE OF MICHIGAN ) ) SS. COUNTY OF OAKLAND ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a regular meeting of the Board of Commissioners of the County of Oakland, Michigan 1,==,1d on the 23 day of March , 1989, the original of ich is on file in my office. Public notice of said meeting given pursuant to and in compliance with Act No. 267 of the igan Public Acts of 1976, as amended. LyiTIn D. Allen County Clerk Dated: March 23 , 1989