HomeMy WebLinkAboutResolutions - 1997.05.08 - 25134May 8, 1997
MISCELLANEOUS RESOLUTION #97094
BY: PLANNING AND BUILDING COMMITTEE, CHARLES E. PALMER, CHAIRPERSON
IN RE: DEVELOPMENT AND PLANNING DIVISION RESOLUTION APPROVING PROJECT AREA AND
PROJECT DISTRICT AREA (V & M CORPORATION PROJECT) - CITY OF ROYAL OAK
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 (V & M Corporation 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.
V & M CORP.
d/b/a Royal Oak Waste Paper & Metal Company
City of Royal Oak
CDC No. 97-3
Company: The V & M Corp., located in Royal Oak, was formed in December 1991 by Habib
Mamou. V & M is a processing plant for the recycling of paper and metal. It also
brokers these commodities. V & M negotiates the purchases primarily from printing
companies, business offices and industrial manufacturers. V & M services their
clients by picking up their waste paper and metal products from their place of
business and delivering it to the the V & M plant where it is processed by sorting,
shredding and baling. The material is then sold to recycling mills or other brokers.
V & M started operating with approximately 8 employees and has grown to the
current total of 26 employees. Annual sales average $8 million per year.
Project: Homes surrounding V & M's existing property were purchased and then demolished.
The company's property increased from 2.6 acres to 4.1 acres. A new building
approximately 55,000 sq. ft. in size, will be constructed on this property for the
purpose of processing material. It will be used primarily as a warehouse with 2,000
sq. ft. designated as office area and 3,000 sq. ft. scheduled for mechanical repairs.
Plans include 5 new trucking "well-docks" and an in ground truck scale and a
railroad -spur.- The equipment includes a baling system with conveyors, fork-lifts,
roll-off boxes and recycling carts.
Location: 414 Hudson, Royal Oak Michigan
Project Cost: Building (purchase or construction) $ 2,200,000
Site Work (land prep., landscaping) 750,000
Machinery and Equipment 2,700,000
Engineering Fees 40,000
Legal Fees 40,000
Financing Fees & Costs 110.000
Total Project Cost $5,840,000
Job Impact: The projected number of new permanent jobs to be created is 25, 1 professional,
8 skilled and 16 unskilled. The total number of jobs retained is 26, 4 professional,
10 skilled and 12 unskilled.
Owner: Habib Mamou, 100% Shareholder
Prior Approvals:
I. County EDC: Resolution of Inducement (4-15-97)
2. County EDC: Resolution Designating Project Area/Project District Area &
Requesting Appointment of Additional Directors (4/15/97)
3. County Executive: Appointment of Additional Directors (4/15/97)
4. Waiver of Jurisdiction from Royal Oak EDC to OCEDC (4/14/97)
LEGAL DESCRIPTION:
LOTS 56 AND 57; "ASSESSOR'S PLAT NO. 22", LOT 1 TO 54, INCLUSIVE,
TRUESDELL ADDITION TO THE VILLAGE OF ROYAL OAK, PART OF THE N. 1/2
OF THE S. W. 1/4 OF SECTION 22, T. 1N., R.11E., CITY OF ROYAL OAK,
OAKLAND COUNTY, MICHIGAN, AS RECORDED IN L1BER 53 OF PLATS, PAGE
34 OF OAKLAND COUNTY RECORDS. ALSO LOT 4; "ASSESSOR'S PLAT NO. 26",
PART OF THE W 1/2 OF SECTION 22, T. 1N., R.11E., CITY OF ROYAL OAK,
OAKLAND COUNTY, MICHIGAN, AS RECORDED IN LIBER 54 OF PLATS, PAGE 16
OF OAKLAND COUNTY RECORDS.
LEGAL DESCRIPTION FOR
ROYAL OAK WASTE PAPER AND METAL COMPANY
EXPANS ION PROJECT
1997
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Resolution #97094 May 8, 1997
Moved by Palmer supported by Jensen the resolution be adopted.
AYES: Johnson, Kaczmar, Kingzett, Law, McCulloch, Millard, Moffitt,
Palmer, Powers, Schmid, Taub, Wolf, Amos, Coleman, Devine, Dingeldey, Douglas,
Garfield, Holbert, Huntoon, Jacobs, Jensen. (22)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution was adopted.
I HEREBYP HE FOREGOING RESOLUTION
L Brooks Pistterson, County Executive Date
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 May 8, 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 8th day of May 1997.
-0Compmews,
D. Allen, County Clerk