HomeMy WebLinkAboutResolutions - 1998.07.16 - 25367July 16, 1998
MISCELLANEOUS RESOLUTION #98160
BY: PLANNING AND BUILDING COMMITTEE, CHARLES E. PALMER, CHAIRPERSON
IN RE: DEVELOPMENT AND PLANNING DIVISION RESOLUTION APPROVING PROJECT AREA AND
PROJECT DISTRICT AREA (ALUMINUM BLANKING COMPANY, INC, PROJECT) - CITY OF
PONTIAC
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 (Aluminum Blanking Company, 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 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.
II2G AND XIITL13
1
NG COMMITTEE
Planning and Building Committae vntp:.
Motion carried unanimously on a roll call vote.
Aluminum Blanking Company, Inc.
City of Pontiac
CDC No. 98-8
Company:
Project:
Location:
Aluminum Blanking Company located in the city of Pontiac was
incorporated in the state of Michigan on November 16, 1979 by Marvin Hole.
Mr. Hole is the Chairman of the Board and majority stockholder. The
company provides fiat blanks and sheets from aluminum coils. Annual sales
for fiscal year 9/30/97 were $7,300,000.
The company plans to build a new and separate 71,260 sq. ft. manufacturing
plant specifically for producing automotive aluminum blanks. Attached to
it will be a new two story 14,400 sq. ft. office building. This is the
company's third building at this site. The real estate will be owned by the
Hole Family, L.L.C. Equipment for this plant includes two coil feed lines
with large blanking presses, two 20 ton bridge cranes, four fork lift trucks and
an air compressor.
The project, approximately 6 acres in size, is located in the city of Pontiac
north of Sycamore Glade Assoc. and Sallee Woods Subdivision and South
and East of Grand Trunk & Western Railroad.
Project Cost: Building (purchase or construction) 3,273,600
Site Work (land prep., landscaping) 580,000
Machinery and Equipment 5,439,900
Engineering Fees 15,000
Legal Fees 33,500
Financing Fees & Costs 14,000
Other Costs - Bldg. Permits 49.110
Total Project Cost $9,405,110
Job Impact: The number of new permanent jobs to be created is 30, 2 professional 8
skilled, 20 unskilled. The total number of jobs retained is 100, 8
professional, 20 skilled, 65 unskilled, 7 clerical
Owner: Marvin Hole, Chairman of the Board, Majority Stockholder
Eric Hole, President; Scott Hole, Vice President
Prior Approvals: I. County EDC: Resolution of Inducement (6-16-98)
2. County EDC: Resolution Designating Project Area/Project District Area
& Requesting Appointment of Additional Directors (6-16-98)
3. County Executive: Appointment of Additional Directors (6/26/98)
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D. Allen, County Clerk
Resolution #98160 July 16, 1998
Moved by Palmer supported by Holbert the resolution be adopted.
AYES: Jacobs, Jensen, Johnson, Kaczmar, Kingzett, Law, McCulloch, Millard,
Moffitt, Obrecht, Palmer, Schmid, Taub, Amos, Coleman, Devine, Dingeldey,
Douglas, Garfield, Gregory, Hoffman, Holbert, Huntoon. (23)
NAYS: None. (0)
A sufficient majority having voted therfor, the resolution was adopted.
HER_,E1
L Broo
HE FOREGOING RESOLUTION ;
' I
attersom County Executive
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 July 16, 1998 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 16th day lof July