HomeMy WebLinkAboutResolutions - 2014.06.11 - 21362MISCELLANEOUS RESOLUTION #14134 June 11, 0214
BY: Planning and Building Committee, Jim Runestad, Chairperson
IN RE: ECONOMIC DEVELOPMENT AND COMMUNITY AFFAIRS - RESOLUTION APPROVING THE
PROVISIONS OF A BROWNFIELD PLAN FOR THE CHALLENGE MEG COMPANY CITY OF
PONTIAC PROJECT
To the Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
WHEREAS the Oakland County Board of Commissioners, pursuant to and in accordance with the
provisions of the Brownfield Redevelopment Financing Act, being Act 381 of the Public Acts of the State
of Michigan of 1996, as amended (the "Act"), have established a redevelopment of Brownfields
Redevelopment Authority and Board (OCBRA) to facilitate the cleanup and redevelopment of Brownfields
within Oakland County's communities; and
WHEREAS the 2100 South Opdyke site in The City of Pontiac (the "Property") is an environmental
hazard, a "facility" under state statute and a non-producing parcel; and
WHEREAS a Brownfield clean up and redevelopment plan (the "Plan") has been prepared to restore the
environmental and economic viability to a portion of this parcel, which is split out from its parent parcel;
and
WHEREAS pursuant to OCBRA by-laws, a local committee has been appointed, participated in
discussions regarding the proposed plan and project, reviewed the plan, and recommends its approval;
and
WHEREAS the City of Pontiac has reviewed the Plan, and has been provided a reasonable opportunity to
express views and recommendations regarding the Plan in accordance with Sections 13 (13) of the Act,
and has concurred with the provisions of the Plan; and
WHEREAS the OCBRA, pursuant to and in accordance with Section 13 of the Act, has approved a
resolution (attached) adopting the Plan, and recommends the adoption of the Plan by the Oakland County
Board of Commissioners to be carried out within the City of Pontiac relating to the Challenge MEG
Company redevelopment in the City of Pontiac
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners does hereby
adopt the Brownfield Redevelopment Plan to be carried out within the City of Pontiac, relating to the
Challenge MFG Company redevelopment.
BE IT FURTHER RESOLVED that a public hearing on the adoption of the Brownfield Plan approved by
the Oakland County Brownfield Redevelopment Authority for Challenge MFG Company redevelopment in
the City of Pontiac shall be held on June 11, 2014 in the Oakland County Board of Commissioners'
Auditorium, 1200 North Telegraph Road, Pontiac, Michigan.
Chairperson, on behalf of the Planning & Building Committee, I move the adoption of the foregoing
resolution.
PLANNING AND BUILDING COMMITTEE
Motion carried unanimously on a roll call vote.
RESOLUTION TO APPROVE A BROWNFIELD REDEVELOPMENT PLAN
FOR THE CHALLENGE MFG. COMPANY BROVVNFIELD PROJECT
April 22, 2014
WHEREAS, 2100 South Opdyke in the City of Pontiac has been a environmental
hazard, a "facility' under state statute, and a non-producing parcel for many years; and,
WHEREAS, a clean up and redevelopment plan has been established to restore
the environmental and economic viability of a split section of the 2100 South Opdyke
parent parcel as outlined in Exhibit A of the Brownfield plan; and,
WHEREAS, the local host committee consisting of Mayor Watemian from the
City of Pontiac and Mr. Hunter from the OCBRA have met and have recommended the
approval of the Brownfield plan; and,
WHEREAS, the BRA Board has reviewed the proposed plan; now,
THEREFORE, BE IT RESOLVED, the Brownfield Plan for the 2100 South
Opdyke project was approved by the OCBRA on April 22, 2014 by a majority vote of 6
yeas to 0 nays, provided that recapture as described in the Brownfield plan occurs on or
before January 1, 2032 and further that the Brownfield plan is also approved by the City
of Pontiac State appointed Transition Advisory Board at their meeting on May 21st; and,
BE IT FURTHER RESOLVED, to recommend the adoption of this plan by the
Oakland County Board of Commissioners, and its Planning & Building Committee.
Yeas- Hunter, Lerrniniaux, Trigger, Webster, Williams, Wilson
Nays-
Abstained-
Absent- Gingell, Woodward
")/1—
Dalilfunter
Secretary, Oakland County Brownfield Redevelopment Authority
OAKLAND COUNTY
BROWNFIELD REDEVELOPMENT AUTHORITY
BROWNFIELD PLAN AMENDMENT
FOR
CHALLENGE MFG. COMPANY PROJECT
Prepared by:
Warner Norcross & Judd LLP
900 Fifth Third Center
Grand Rapids, Michigan 49503
Contact Person: John V. By!
Phone: 616.752.2149
Website: www.wnj.com
E-Mail: jby! t,wnj.com
Latest Version: March 5, 2014
Approved by the Pontiac City Council on
Approved by the Oakland County Brownfield Redevelopment Authority on
Approved by the Oakland County Board of Commissioners on
TABLE OF CONTENTS
PROJECT SUMMARY 1
INTRODUCTION AND PURPOSE 2
ELIGIBLE PROPERTY INFORMATION 3
PROPOSED REDEVELOPMENT 3
BROVVNFIELD CONDITIONS 3
BROVVNFIELD PLAN ELEMENTS
A. Description of costs to be Paid for with Tax Increment Revenues 4
B. Summary of Eligible Activities 4
C. Estimate of Captured Taxable Value and Tax Increment 5
D. Method of Financing and Description of Advances by the Municipality 5
E. Maximum Amount of Note or Bonded Indebtedness 6
F. Duration of Brownfield Plan 6
G. Estimated Impact of Tax Increment Financing on Revenues of Taxing
Jurisdictions 6
H. Legal Description, Property Map, Statement of Quality Characteristics and
Personal Property 6
T. Estimates of residents and Displacement of Families 6
J. Plan for Relocation of Displaced Persons 6
K. Provision for Relocation Costs 7
L. Strategy for Compliance with Michigan's Relocation Assistance Law 7
M. Description of Proposed Use of Local Site Remediation Revolving Fund 7
N. Other Material that the Authority or Governing Body Considers Pertinent 7
EXHIBITS
A. Legal Description and Maps
B. Confirmation of Facility Status
SCHEDULE
1. Tax Capture Schedule
PROJECT SUMMARY
Project Name: Challenge Mfg. Project
Project Location:
Type of Eligible
Property:
The eligible property is a portion of the existing site located at 2100 S.
Opdyke Road in the City of Pontiac ("Property"). A legal description of
the Property is provided in Exhibit A.
Facility
Eligible Activities: Baseline Environmental Assessment Activities, Additional Response
Activities, Demolition, Site Preparation, Infrastructure Improvements,
Development and Preparation of Brownfield Plan and Work Plan.
Eligible Costs: $5,005,250
Estimated Capital
Investment: $24 million (building and land)
Page 2 of 8
INTRODUCTION AND PURPOSE
The purpose of this plan, to be implemented by the Oakland County Brownfield Redevelopment
Authority (the "Authority"), is to satisfy the requirements for a Brownfield Plan (the "Plan") as
specified in the Brownfield Redevelopment Financing Act, Michigan Public Act (PA) 381 of
1996, as amended (MCL) 125.2651 et seq., (the "Act").
The Plan project area is within the City of Pontiac. The Authority proposes to implement this
Plan in an effort to promote economic development and redevelopment at the Former GM Truck
and Bus site ("Property"). The Authority expects this Plan to be a living document that will be
amended when a developer proposes a project for the Property.
Page 3 of 8
Challenge Mfg. Project
ELIGIBLE PROPERTY INFORMATION
The Property is located in the City of Pontiac, Oakland County, at 2100 S. Opdyke Road (parent
parcel, subject to proposed lot split), located north of 1-75, east of Centerpointe Parkway, south
of South Boulevard and West of S. Opdyke Road. The Property is approximately 41 acre(s).
See Exhibit A for the legal description and maps of the Property.
PROPOSED REDEVELOPMENT
Future development at the property is expected to consist of a 400,000-450,000 sq ft assembly
plant (the "Project"). The investment in redevelopment could range from $24 million to $50
million. Development will require baseline environmental assessment activities, due care, site
demolition, site preparation and additional response activities at the Property to prepare it for
vertical construction.
BROWNFIELD CONDITIONS
The Property has historically been used for manufacturing operations which included bulk
petroleum storage in above and underground storage tanks and paint-related chemicals. The
petroleum compounds (e.g. gasoline, diesel fuel and various hydraulic oils including oil, axle
lubricant, transmission fluid, etc.) were stored in small containers to large tanks. The painting
operations generated solid and liquid wastes containing solvents. Subsurface assessment results
at the Property identified various constituents in soil and groundwater above MDEQ Part 201
Generic Residential Cleanup Criteria and Screening Levels. As defined by Part 201, the
exceedance of the criteria indicates the Property is a "facility." Exhibit B contains a detailed
summary of the constituents that were identified at the Property.
BROWNFIELD PLAN ELEMENTS
A. A description of costs intended to be paid for with tax increment revenues (MCLA
125.2663(1)(a))
Challenge Mfg. Company ("Challenge") will seek reimbursement through the Authority
for capture of incremental local and state property taxes generated through tax increment
financing ("TIT") to reimburse the cost of certain "eligible activities" as provided in this Plan.
Based on the proposed scope of work for the Project, it is projected that Challenge will need to
undertake baseline environmental assessment activities, demolition, additional response activities
and site preparation activities_
An estimate of cost associated with these eligible activities is included in Table 1 below.
Additionally, the Authority may capture administrative fees and Local Site Remediation
Revolving Funds under this Plan.
Page 4 of 8
B. A brief summary of the eligible activities that are proposed for the eligible
property. (MCLA 125.2663(1)(b))
"Eligible activities" are defined in the Act as meaning one or more of the following: (i)
baseline environmental assessment activities; (ii) due care activities; and (iii) additional response
activities. In addition, in qualified local governmental units such as the City of Pontiac, the Act
includes the following additional "eligible activities": (A) infrastructure improvements that
directly benefit eligible property; (B) demolition of structures that is not response activity under
Part 201 of NREPA; (C) lead or asbestos abatement; and (D) site preparation that is not response
activity under Part 201 of NREPA. Table 1 below presents estimated costs of MDEQ and
Michigan Strategic Fund (MSF) eligible activities which qualify for reimbursement from TIE.
Table 1
Task Cost Estimate
Baseline Environmental Assessment Activities $20,000
Due Care Activities $25,000
Additional Response Activities $2,040,000
Demolition $590,000
Site Preparation $1,660,000
Sub-Total $4,335,000
Contingencies — (15%) $650,250
Development and preparation of Brownfield Plan and Work
Plan
$20,000
TOTAL $5,005,250
The eligible activities estimated in Table 1 above include the following:
1. Baseline Environmental Assessment Activities: Phase I and H
Environmental Site Assessments and Baseline Environmental
Assessments will be completed on behalf of Challenge to provide an
exemption from liability for existing contamination.
2. Due Care Activities. Due Care Activities will include dewatering
activities necessary during construction of the building foundations.
3. Additional Response Activities. Additional Response Activities will
include a significant amount of contaminated soil removal and disposal
from across the entire site, including from the proposed building
perimeter, utility trenches, and retention ponds. In addition, the costs will
include eligible environmental engineering expenses associated with the
Page 5 of 8
proposed activities. Additional Response Activities will also include
treatment of the impacted onsite water in the retention ponds.
4. Demolition: Site demolition activities are necessary to remove existing
site concrete in order to prepare the site for redevelopment. The existing
site concrete will be demolished and crushed.
5. Site Preparation: Various site preparation activities will be required
including staking, geotechnical engineering, temporary construction
facility, temporary erosion control, temporary site control and mass
grading and land balancing. Eligible Activities will include all eligible
soft costs directly related to the site preparation activities which include
design, engineering and testing.
6. Contingencies: A contingency of 15% on the eligible activities listed
above (does not include the interest amount).
7. Plan Preparation and Development: Reasonable cost for development and
preparation of the project brownfield plan and detailed work plan.
C. An estimate of the captured taxable value and tax increment revenues for
each year of the plan from each parcel of eligible property and in the aggregate.
(MCLA 125.2663(1)(c))
An estimate of the captured taxable value and tax increment revenues by year for real
property is attached as Schedule 1. The estimate is based on an assumption that the
investment will increase the taxable value to $10.3 million, reflecting a total investment
in excess of $20 million.
D. The method by which the costs of the plan will be financed, including a
description of any advances made or anticipated to be made for the costs of the plan
from the municipality. (MCLA 125.2663(1)(d))
The costs of the Plan for the Property will be financed by Challenge and they will seek
reimbursement through TIF generated from the Property. Tax increment revenues will be
sought from local and state tax capture. Challenge will seek reimbursement for eligible
activities pursuant to an executed development and reimbursement agreement after
amendment of this Plan and the generation of adequate tax increment revenues.
E. The maximum amount of the note or bonded indebtedness to be incurred, if
any. (MCLA 125.2663(1)(e))
None.
F. The duration of the brownfield plan, which shall not exceed the lesser of (1)
the period required to pay for the eligible activities from tax increment revenues
plus the period of capture authorized for the local site remediation revolving fund
or (2) 35 years. (MCLA 125.2663(1)(f))
Page 6 of
The duration of the Plan for the Project is estimated to be 18 years. It is estimated that
redevelopment of the Property will be completed by 2015 and that it will take up to 16
years to recapture the total Eligible Activities through TIT. Therefore, the first year of
tax increment capture will be 2016 and the Plan will remain in place until Challenge Mfg.
Company, LLC is fully reimbursed and the Authority has completed capture for the
revolving fund capture, subject to the maximum duration provided for in (MCL
125.2663(22)). The Authority intends to capture $200,000 for the revolving fund, subject
to the maximum allowed under the Act.
G. An estimate of the impact of tax increment financing on the revenues of all
taxing jurisdictions in which the eligible property is located. (MCLA 125.2663(1)(g))
See attached Schedule 1 - TIF Table.
H. A legal description of each parcel of eligible property to which the plan
applies, a map showing the locations and dimensions of each eligible property, a
statement of the characteristics that qualify the property as eligible property and a
statement of whether personal property is included as part of the eligible property.
(MCLA 125.2663(1)(h))
1. Legal Description: See attached Exhibit A for the legal description for the
proposed lot split. The new parcel will be assigned a new parcel ID
following formal approval of the lot split.
2. Location and Site maps: See Exhibit A-2.
3. Characteristics of Property: The "eligible property" was historically part
of the so-called Pontiac East Assembly Plant commonly known as 2100
South Opdyke Road, Pontiac, Michigan. GM constructed the plant in the
early 1970s for light and medium duty truck assembly. They ceased
manufacturing operations in 2009.
4. Personal Property: All new personal property is included as part of the
eligible property.
5. The Property is considered Eligible Property pursuant to the Act because it
is a "facility".
I. An estimate of the number of persons residing on each eligible property to
which the plan applies and the number of families and individuals to be displaced, if
any. (MCLA 125.2663(1)(i))
There are no persons residing on the Property.
J. A plan for establishing priority for the relocation of persons displaced by
implementation of the plan, if applicable. (MCLA 125.2663(1)(j))
There are no persons are residing on the Property.
Page 7 of 8
K. Provision for the costs of relocating persons displaced by implementation of
the plan, and financial assistance and other reimbursement of expenses, if any.
(MCLA 125.2663(1)(k))
There are no persons are residing on the Property.
L. A strategy for compliance with the Michigan Relocation Assistance Act, if
applicable. (MCLA 125.2663(1)(l))
There are no persons are residing on the Property.
M. A description of the proposed use of the local site remediation revolving
fund. (MCLA 125.2663(1)(m))
The Oakland County Brownfield Redevelopment Authority has established a Local
Site Rernediation Revolving Fund (LSRRF). The LSRRF will consist of all tax
increment revenues authorized to be captured and deposited in the LSRRF, as specified
in Section 13(5) of Act 381, under this Plan and any other plan of the Authority. It
may also include funds appropriated or otherwise made available from public or private
sources.
N. Other material that the authority or governing body considers pertinent
(MCLA 125.2663(1)(n))
The Project will result in a significant investment by Challenge of $24 - $50 million in
capital investment. Further, the Project is expected to generate an estimated 450+ new
employees. Due to the previous uses, the Property has significant challenges that will
need to be addressed if the Property is to be properly redeveloped.
10068250
Page 8 of 8
Exhibit A
Legal Description
LEGAL DEF,CRIPTIGt,) Of PROPOSED CENTERPOINT CHALLENGE PARCEL
LAND IN THE CITY OF PONTIAC, OAKLAND COUNTY, MICHIGAN, DUNG ALL THAT PART OF LOTS 8-11 AND PART OF DELT
uNE RAIL ROAo, AS PLATM A PART OF 'A.,'SESSOWS PLAT NO 110'. A PAR OF SECTION 3. T., 2 R,10 E.. AS
RECOROED. IN USER 52 GE FLATS. PACE 25 OF OAKLAW) COUNTY RECOR.Ds. LYiNG Will-IN THE KILO-WING DESCR'bEo
pAlca: CWOENCINo AT Ti-IF NORT4EAST PROPTRTY CoNTRoLuNG CORNER or SECTION 3 AS PREMOOSTY 5UR4EYEa BY
NOWAK & FRAUS 04-05--071, T. 2 N.„ FL3O L. CITY OF 171C411AO, CIANLAND COUNTY, M1CHIGANt TIENcE S. 0D3521 W.
ALONG THE EAST UNE OF SAD sEcTioN 3. 121 5.5D FEET THQiCE N. EtT2339'W 60,0 FEET TO A PCINT. SAE POINT
MHO THE INTERSECTION or ThE SOuTH LiNE oF qAMPll$ WIVE (MOTH VARCS) MTH THE 4,WST UNE oF oPOYKE ROAD•
(120 FEET VYIDE): 11-IENCE S.D0'3-5`21' W. ALONG THE .iEST LINE OF OPDYKE ROAD, 205-13,U1 FEET TO A POINT CF
DEFLECTION; THEtiCE Do.f,ce E. ALOE 11-IE WEST UNE. OE DROAcE ROA% stn.52 FEET TO THE NORTHEA5T coRNER
OF UNIT 5 Of CENTERKINT ENESS CAMrUS CONDOMINIUM, A CONDC441410M A.00ORDiNG M THE MAsTER DEED -
THEREOF HECCEDED IN LIRM 1S13S7, PAGE 11, DAKLAND COUNTY RECORDS, AND DmiGNATED AS 0.A.KL,AND COUNTY
CONCOMINIUUI PLAN NO. 1004, AN AMY AM ENt MENTS THERETO. AS LAST AMENDED CilY EIGHTH AvENDP•iENT TO MASTER
DEED RECORDED N USER 35596, PAGE D55, OAKLAND CUNT( RECORD% THENCE THE FOLLOAING FIVE (5) COURSES
ALONG 111E NORTH LINE OF SNP UNIT D AND UNITS 21. 21 AND 40 OF SAID CaTIERPOINT HusFNEsS CAMPUS
CONDOMINIUM: (1) S. 139"513-` W.. 55,00 FEE.1„ AND (2) 00`2447 W. 2000, FEET. AID (5) 210.01 FEET ALCNO A
CS'VE TO THE LEFT (RADIlis 215.00 FEET. CENTRAL. ANCkE 5012`23 -. LCAIG CHORD BEARS 5, 6.179.`)1 202.„55 (EET)
TO A POINT Of REVERSE CLRVAll.TRE, AND (4) 22.24 FEET ALONG A COR.vE TO THE RIGHT (RADIUS 225.00 FEET.
CENTRAL ANGLE 575645, LONO CHORD NEARS S 02111.3' W.. 210.8.3 FEET), AND (0 N, 8.01)024 W., 705.20 FEET TO
TOE ROINT OFDE0INNINOT MENCE C 11ThIUIIC ALONG', IflE ORM LINt OF UNIT 40 ,I;1'4D 24 (.*-- 5il CENTERKINT
BUSINFSS CAMPUS CONDOMINIUM, N. 05'0074" W. 715A2 FEET TO A 'POINT ON THE EASTERLY UNE OF CEN,TERPNT
PARKWAY (WTH vARIEE4; 111ENk7 ThE FotEcoAlNG F1 5) coliRsEs ALONG SAID EASTERLY LINE OF CENTERPOINT
PARKWAY: (1) N. 4510'30" kit.. 432,8S FEET, AND (2) 1g.41E5 FEET ALONG A CURVE TO THE RIGHT (RADIUS II00,00
CENTRAL ANGLE 74243r. LONG CHORD SEARS N. 07*-.;011 W„ 465,74 FEET). AND (-.)) N 2914'or E. 25044 FEU,
ANT] (4) 3b4.33 FEET AioNc A DAR,,,E TO THE LEFT (RADIUS 750.0D FEET, CENTRAL A14GLE CHORD BEARS N„
151E'DB" E. alO.,70 FEET), AND (5) N. 01'24!De E. 421112 FEET; THENCE LEAMN6 THE EASTERLY UNE OF CENTERPOINT
PA4 RWAY,S n-10•24' 570,00 FEET: THENCE S., OD'50'3E- W., 1815.00 FEET 5ACK TO THE PONT OF REONNINO, 114S
DESDED PARCEL CONTAINS 40,3019 ACRES OF LAND, MORE OR LESS. AND IS SUBJECT TO ALL EASEMENTS AND
ResTkiCTIONS OF RECORD.
Exhibit A-2
Site and Property Map
Exhibit B
FACILITY STATUS
Baseline Environmental Assessment
Former GM Pontiac East Assembly Plant, Pontiac, Michigan
SME Project Number: 063906.00
October 21, 2011-Page 10
Subsurface assessment results at the Property identified various constituents in soil and
groundwater above MDEQ Part 201 Generic Residential Cleanup Criteria and Screening
Levels. As defined by Part 201, the exceecianee of the criteria indicates the Property is a
"facility." The following table summarizes the constituents in soil and groundwater above Part
201 Generic Residential Cleanup Criteria.
Summary of Soil Exceedances
Parameter Chemical Abstract Service #
1,3,5-Trimethylbenzene 108-67-8
Benzo(a)pyrene 50-32-8
Carbazole 86-74-8
Fl ttoranthene 206-44-0
Naphthalene 91-20-3
Phenanthrene 85-01-8
Aluminum 7429-90-5
Arsenic 7440-38-2
Chromium': 18540-29-9
Cobalt 7440-48-4
Iron 7439-89-6
Magnesium 7439-95-4
Manganese 7439-96-5
Selenium 7782-49-2
Summary of Groundviater Exceedances
Parameter Chemical Abstract Service #
Benzene• 71-43-2
Ethylbenzene 100-41-4
1,2,4-Trimethylbenzene 95-63-6
Xylenes 1330-20-7
Aluminum 7429-90-5
Arsenic 7440-38-2
Iron 7439-89-6
Manganese 7439-96-5
Nickel 7440-02-0
Selenium 7782-49-2
Silver 7440-22-4
Sodium 17341-25-2
Analytical data generated from the previous environmental investigations is considered to be
reliable based on the type of constituent and/or concentrations. SME prepared the prior BEA
report for the former GM Pontiac East Assembly plant site at 2100 S. Opdyke Road, Pontiac,
Oakland County, Michigan. The results of subsurface assessment activities demonstrate that
the Property meets the criteria of a "facility" as defined in Part 201. As listed in Section 6,
various VOCs, SVOCs, and inorganics were measured in soil and groundwater above Part 201
Residential Criteria. The Property was issued a RCRA Correction Action Complete with
Controls status which addresses future RCRA enforcement/liability matters.
Schedule 1
Tax Increment Table
0:89PM0/517014 Challenge Mtg. Company TIP Schedule for Brownfield Plan Real Property Improvements Base TV (2014) TV after Improvement121 Total Captured Taxable Capturable lirillages 2014 $321,301 1321 301 $0 201$ 2016 $321,301 5321,301 $326.121 110 326,121 $4520 $10,034,820 2517 2018 $321,301 $321331 010,451,012 $10,538.228 $10,159711 $10,316,527 PA 198 Period 2919 2020 9321,301 $321,301 010,797,001 $10,559,758 $10,475,500 $10,538,467 2021 $321,301 $11.124.104 $13,502,863 2022 $321,301 $11 291,027 $10,959;726 2023 2024 $321,301 $321,301 $11 460 392 311.632 298 911,139,091 $11,310,997 2025 $321,301 $11.606,753 $11,485,482 2326 $321,301 511.963.8E14 $11,962,683 County Park & Rea 0.2415 0.2415 0,2416 0.2415 0.2415 0.2415 0.2415 3.2415 0.2415 0.2415 0.2415 0.2415 0.2415 HCMA 52148 0.2145 0.2146 0.2146 0.2148 0,2148 0.2145 0.2146 0.2146 0.2146 0,2148 0.2146 02146 OCPTA 0.5900 0,5900 0.5909 0.5900 0.5900 0.5900 0.6900 0,5900 0.5900 0.5900 0.5900 0.5900 0,5900 County Operating 4.1900 4.1900 4.1900 4.1900 4.1900 4,1900 4.1900 4.1900 4.1900 4.1500 4.1900 4,1930 4.1900 018 Allocated 0.2003 5,2003 0.2003 0.2003 0.2003 9.2093 0.2003 0.2003 0,2005 0.2003 0.2003 0.2003 13.2003 CIS Voted 3.1687 3.1687 3.1687 3.1687 3,1587 3,16E17 3.1667 3.1597 3.1567 3.1687 3.1697 3.16137 3.1687 OCC Voted 1.5844 1.5544 1,5844 1.6844 1.5844 1,5944 1.5844 0.5544 1.5844 1.5844 1.5844 1.5644 1.5844 CVT Operating 11.2737 11.2737 112737 11.2737 11.2737 112737 11.2737 11.2737 112737 11,2737 11.2737 11.2737 11.2737 OAP imp 1,4091 1.4091 1.4091 1.4091 1.4091 1.4091 1.4091 1,4091 1.4001 1.4091 1.4091 1.4091 1.4091 Sanitation 2.11193 2.8193 2.5153 2.8183 2.8193 2.8183 2.8183 2.9163 2.5183 2,9153 2.8183 2.8183 2.8183 Library 1.0000 1.3000 1.0000 1.0000 1.0000 1,0000 1,3000 1.0003 1.0000 1.0000 1.0000 1.0000 1.0003 Seniors Services 0,5000 0,5000 0.5000 0.5000 0.5003 0.5300 0.5000 0,5000 0,5000 0.5000 0.5030 0.5000 0,5000 School operaiing 18.0000 19.0090 10.9000 18,0000 113.5030 18.0300 19.0000 19.0000 18.0000 18.0000 15.0000 18.0000 18.0000 Slats Education Tex 6,0000 62.04.1 6 DODO 6 NCO 5.0000 5,0000 6 0000 00$i0 5.0O2$ 5.2$i20 6.0082 6 0000 gMlo. TOTAL MILLAG0 51.1905 51.1005 61.1505 51.1906 51.1906 51,1906 51.1906 51.1505 51.1935 51.1906 51.1906 51.1905 51.1906 Yearly Captured Tax Total Yearly Captured Taxes Cumulative Captured Taxes County Park & Rac HCMA OCPTA County Operating OIS Allocated 015 Voted OCC Voted CV]' Operating CAP imp Sanitation • Library Seniors Services School Operating State Education Tax Total Captured State Taxes Total Captured Local Taxes $o $1 $1,205 $1,227 $1,248 $1,255 $1,285 91,334 01,325 91,345 $1,356 $1,397 $1,408 $3 $1 $1,074 $1,090 $1,107 $1,124 $1,142 $1,159 $1,177 $1,195 $1,214 $1,232 $1,251 $0 $1 $2,951 $2,997 $3,043 $3,091 33,138 93.107 $3,236 03,286 53,337 33,388 $3,440 56 910 $20,660 $21,255 $21,614 521,940 922,286 $22,632 $22,982 $23,336 $23,1397 $24,052 $24,433 $0 50 $1,092 $1,017 $1,033 $1,045 $1,085 $1,062 $1,095 $1,116 $1,133 $1,150 $1,188 00 $8 $15,551 $15,097 516,346 515,598 916,855 $17,115 917,380 $17,849 $17,921 $18,197 $18,478 $9 $4 $7,526 $8,049 $8,173 $13,299 $5,428 $8,559 $8,590 98,824 $0,961 99,099 $9,235 $0 $27 $56,355 957,259 $58,155 $59,064 $59,967 $50894 $61,835 $52,7135 $63,756 $64,742 $55.746 $0 $3 $7,049 97,156 57,259 $7,381 $7,495 $7,811 $7,729 97,945 57.969 $8,052 $6,217 $0 $7 $14,098 $14,317 $14,538 $14,763 914,991 $15,223 $15,455 $15,997 $15,935 $16,185 516,434 90 52 95,092 $5,080 $5,168 95,238 $5,319 $5,401 $5,485 $5,570 $5,855 $5,743 55,831 $0 $1 $2,601 32,540 $2,579 $2,619 $2,660 $2,701 $2,742 $2,785 $2,8213 $2,871 $2,915 $0 $43 $90,043 $91,437 $92,652 594,288 995,746 $97,225 $98,728 $100,252 $101,796 $103,369 $104,993 /0 Ea $30.014 030.479 236.951 831.429 $31 915 $32,405 932.909 533.417 933,933 $34.456 934,988 - 9 58 5 120,058 $ 121,917 5 125,803 $ 125,718 $ 127,682 $ 129,634 $ 131,637 5 133,689 $ 135,732 $ 137,826 $ 139,951 $0 $86 $130,019 $138,124 $140,262 $142,431 $144,633 $146.585 $149,137 $151,439 $153,776 $165,149 $159,556 90 .$123 5255,075 $260,041 $284,065 $265,149 $272.295 $275,503 $280,773 $285,108 9209,508 $293,974 8296507 $0 $123 $255,200 9515,241 9783,305 91,045,455 $1,320,749 91,597,252 91,1375,325 $2,163,134 $2,457,642 $2,746,516 $3,045,124 $0 $0 $15,307 915,240 $15,475 $15,715 515,959 93 90 510,200 $15,000 $10000 $10,205 510,002 $0 $5 $0 $0 $0 0 50 :$$30551.3'.;:rl.i5 30$-Nb :1- - 45-'0(4:1:6:47-.. S4714-110,...`. • 54320,314 i ..;:43200,125.; 84:05.e.;290 &O'.'i. , :y - • . :!' 116 :-.:::::. t 1 O5,o.51 ::: $16,0!8.77::..:.::1005:4149 $:11.8;003., !::i i:.4..i.1'..:1.;7t4.! :. .. .. . ..- .::. ..... .„--. .__ __ . ,.:5321.3'.' :: .:$si.,.P....,,s 4.5,c,o5,280 •:.:sp;boa.,..104.n.',..44:7"74.1.1p • ,'.::::41:Zi.ii.:-.T:j.::': 44,s6p,1,tp,..!,i.,.414.08,1:::,,.,..$*1.1,250! ... ._. .. .,., ... .,i3;.,..e.t..-1 , ! 5238,588 : ,' 1242,434., :::.' . ';-.9215,337:,,.. 8464,236 . : $7002ej;::::!*.f.9„t00:-: ! $1.1 8.;.,1:.2p7i• :.::,. :...11:445;555 $16,204 $16.455 $16,705 $10,000 $10,000 $10,000 $0 $3 $0 .,elia;;k85 5192 $113880 $1.$ a;38 ' dl 5" t1-44,459 5 61;6 $3;65! . 007,..336.- • 3,ozA938. $18,886 517,229 $17,494 $10,000 $10,000 $10,300 $9 sO 54* 6 9,796.384 afitiae $159709 .20565 $12248 t1142,70 9148.655' .;$2.79$,004 $01 @,64a esMs'. , State Brownfield Fund Capture 13 mitt) AdmIn Fee Revolving Fgnd Capture Local Tao Reimbursement Ible Activities Total Annuai Prefect Reimbursement (1) Real end Personal Prowty Tax Capture is Included but only real properly is snown in the projections due to the unknown nature of personal property capture and tax abatements. (2) Assumes taxable value increases based on proposed construction ($10 million In 2016), IA's 1.5% annual increases for inflation thereafter (3) Assumes millage rate remains tina same Unrei horsed Ell 5281; 86; 6256.400 00:745: $1558314 ,', 82,218,808, 0Z,49E632 52i7.§0h1.0.1 Local Millage Ratio 0.566271902 $2,834,332 Local Reimbursement State Millage Ratio 0.4337283913 $2 179.91B State Reimbursement $5,065,250 Total Eligible Activities
0.2415 0.2145 0.5900 4,1900 0.2303 3.1557 1,5844 11.2737 1,4001 2.8183 1.0000 0.5000 18.0000 6 0000 02415 02146 0.5000 4.1900 0,2003 3.1607 1.5844 11.2737 1.4001 2.0163 1.0000 0.5000 18.0030 5 0000 0.2415 0.2146 0.5900 4,1900 0,2003 3.1587 1,5844 11.2737 1,4091 2.6103 1,0500 0.5600 18.0000 6 0000 0.2415 0.2145 0.5900 4.1900 0.2003 3.1657 1.5844 11.2737 1.4091 2.8183 1,0000 0.5000 18.0000 0000 9.2415 02146 0.5900 4.1900 02003 3.1687 1.5844 11.2737 1.4091 2.8183 1,0000 0.5000 18.0000 a 0000 51.1908 51.1906 51.1905 51.1906 51,1908 148 nu/sant Chenge Mfg. Company TIP Schedule for Brownfield Plan Real Properly Improvements Bose TV (2014) TV after Improvemene'i Total- Captured Taxable Capturable ItitillagesM 2027 2028 2029 2030 2031 $321,301 $321,301 5321,301 5321,301 3321,301 312 153 643 512.346.007 512,531 259 512.719.255 812.010.047 511,542,542 812,524,758 312,209,9813 $12,397,957 $12,588,746 County Park & Rec HCMA OCPTA County Operating OIS Allocated 018 Voted OCC Voted CVT Operating CAP imp Sanitation Library Seniors Services School Operating State Education Tax TOTAL MILLAGE Yearly Captured The County Park & Flee $2,960 $2,904 $2,949 $2,994 $3,040 HCMA $2,541 $2,551 $2,620 $2,561 $2,702 OCFTA 95,987 57,095 $7,204 $7,315 $7,427 County Operating $45,619 $50,384 $51,160 $51,947 $52,747 015 Allocated 92,372 92,409 $2,445 42,463 $2,522 018 Voted $37,525 $38,103 538,690 $39,255 $39,890 OCC Voted $18,763 $19,052 $19,348 $19,543 $19,946 CVT Operating 5133,507 5105,964 $137,652 3139,771 $141,922 CAP !alp $16,697 $16,944 $17,205 $17,470 $17,739 Sanitation $33,375 $33,859 $34,411 $34,941 535,475 Library $11,842 $12,025 $12,210 $12,398 $12,555 Seniors Services $5,921 56,012 55,105 $6,199 $6,294 School Operating 0213,162 52113,446 5218,750 9223,163 $226,597 State Education Tax $71.059 -5.72,1149 $73 280 $74,388 $75,532 Total Captured State Taxes $ 264,216 $ 288,595 $ 203,040 5 297,551 $ 302,130 Total Captured Local Taxes 5322,000 $326,961 5331,997 $337,108 $342,298 Total Yearly Captured Taxes 5605,217 9515,557 5625,037 $634,659 $644,425 Cumulative Captured Taxes $3,651,340 $4,266,857 $4,891,933 $5,526,532 $6,171316 Totals State Brownfield Fund Capture (3 mill) AcIrnIn Fee Revolving Fund Capture ActiviVeS State Tak Reimbursement Local Tax Reimbursement Unrelmbursed Eligible Activities $35,527 $10,000 $0 ' i248,850 5.312,00t • $1,607.94. $35,074 $35,935 $37,194 037,766 $351,042 $10,000 416,030 510,890 510,000 5100,000 552,845 $117,054 3205,030 $1,.E57,540 $ I168 $540067 $46 556 ,.925521 S C4'G !-$0 $2170 6168 ala 5016,58.1 .i.r 5921:927:i: 646:606: $2,834,352 Local. • : . : . 51.,11a,45 .50. . . Total Annual Prefect Reimbursement Cumulative Project Reimbursement (1) Real and Personal Property Tax Capture is included but only real property is shown in the projections due to the unknown nature of personal property capture and tax abatements. (2) Assumes taxable value increases based on proposed construdon ($10 million in 2016), plus t5% annual Increases for inflation thereafter (3) Assumes millage rate remains the same . . . ,,... • • . .• 50,,017,005 •••'.. 53,555,757::':::1-54,4861 03 i.s4.,F6e,444.'
Resolution #14134 June 11, 2014
Moved by Weipert supported by Jackson the resolutions (with fiscal notes attached) on the Consent
Agenda be adopted (with accompanying reports being accepted).
AYES: Dwyer, Gershenson, Gingell, Gosselin, Hatchett, Hoffman, Jackson, Long, Matis,
McGillivray, Middleton, Scott, Spisz, Taub, Weipert, Woodward, Zack, Crawford. (18)
NAYS: None. (0)
A sufficient majority having voted in favor, the resolutions (with fiscal notes attached) on the Consent
Agenda were adopted (with accompanying reports being accepted).
I HEREBY APPROVE THIS RESOLUTION
CHIEF DEPUTY COUNTY EXECUTIVE
ACTING PURSUANT TO MCL 45.559A (7)
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lisa Brown, 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 June 11, 2014,
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 11 th day of June 2014,
6412/7---
Lisa Brown, Oakland County