HomeMy WebLinkAboutResolutions - 1997.06.12 - 250710
JUNE 12, 1997
MISCELLANEOUS RESOLUTION # 97131
BY: PLANNING AND BUILDING COMMITTEE, CHARLES E. PALMER, CHAIRPERSON
IN RE: DEVELOPMENT AND PLANNING DIVISION RESOLUTION APPROVING PROJECT AREA AND
PROJECT DISTRICT AREA (CRANBROOK EDUCATIONAL COMMUNITY PROJECT) - CITY OF
BLOOMFIELD 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 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 (Cranbrook Educational Community 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 Project Area as designated by the
EDC to this Board is hereby certified as approved; and
BE IT 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; and
BE IT FURTHER RESOLVED that, it having been determined that there are
less than eighteen residents, real property owners, or representatives of
establishments located within the Project District Area, a Project Citizens
District Council shall not be formed pursuant to Section 20(b) of the Act; and
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.
AND _BUILLIING,COMMITTEE
Cranbrook Educational Community
City of Bloomfield Hills
CDC No. 97-1
•
Company:
Project:
Founded in 1904, the Cranbrook Educational Community now comprises
Cranbrook Academy of Art, Cranbrook Institute of Science, Cranbrook
Schools and affiliated groups and programs. Cranbrook provides
educational, cultural and scientific programs and was incorporated as a non-
profit 501 (c) 3 corporation in 1973. In April 1986, the Community re-
affirmed its governance and administrative structure by placing final
authority with its Board of Trustees. Principal officers include Robert
Larson, Chairman, Board of Trustees, Eugene Miller, Vice Chairman, Board
of Trustees, Melonie Colainne, Secretary and Vice President and George
Hedgespeth, Treasurer and Vice President for Finance and Administration.
Cranbrook has an annual operating budget of more than $30 million and
employs over 450 full time faculty and staff
The proposed project shall consist of an expansion to the Athletic Facility
(22,000 sq. ft.) within the School, a studio building (20,000 sq. ft.), repair and
restoration of Community buildings and properties (entire campus) and a
partial refunding of the 1994 bond issue.
Location: 380 Lone Pine Rd., Bloomfield Hills, MI
Project Cost: Refunding $32,910,000
Building (purchase or construction) 15,954,000
Building (renovation) 8,000,000
Site Work (land prep., landscaping) 4,763,000
Machinery and Equipment 1,176,000
Engineering Fees 2,215,000
Legal Fees 500,000
Financing Fees & Costs 430,000
Other Costs 1.107.000
Total Project Cost W..0,11,000
Job Impact: The project number of new permanent jobs to be created is 10, 3 professional, 4
skilled and 3 unskilled. The total number of jobs retained is 450, 284 professional,
110 skilled and 56 unskilled.
Owner: Cranbrook Educational Community
George T. Hedgespeth, Vice President
Finance and Administration
County EDC: Resolution of Inducement (1/21/97)
County EDC: Resolution Designating Project Area/Project District Area 8c
Requesting Appointment of Additional Directors (1/21/97)
County Executive: Appointment of Additional Directors (5/22/97)
Prior Approvals:
i
Resolution #97131 June 12, 1997
Moved by Palmer supported by Taub the resolution be adopted.
AYES: McCulloch, McPherson, Millard, Moffitt, Obrecht, Palmer, Pernick,
Powers, Schmid, Taub, Wolf, Amos, Coleman, Devine, Dingeldey, Douglas, Garfield,
Holbert, Huntoon, Johnson, Kaczmar, Kingzett, Law. (23)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, 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 12, 1997 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 12th day_of June 1.1,22
C24C...._.
D. Allen, County Clerk