HomeMy WebLinkAboutResolutions - 1998.03.18 - 25401PLANNING DING COMMITTEE
March 19, 1998
MISCELLANEOUS RESOLUTION #98043
BY: PLANNING AND BUILDING COMMITTEE, CHARLES E. PALMER, CHAIRPERSON
IN RE: DEVELOPMENT AND PLANNING DIVISION RESOLUTION APPROVING PROJECT AREA AND
PROJECT DISTRICT AREA (SLP ENGINEERING, INC. PROJECT) - CITY OF WIXOM
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 (SLP Engineering, 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.
SLP Engineering, Inc.
Company: SLP Engineering, Inc. formed in 1987 is a New Jersey Corporation with its principal
place of business located in Troy, Michigan. SLP Engineering is owned solely by
Edward Hamburger, and is in the business of manufacturing specialty performance
vehicles, aftermarket automotive parts, and automotive test equipment. The
company currently builds the Camaro SS and Firebird Firehawk for General Motors,
and has models which are available dealer direct. The company generated
$25,000,000 in revenues in 1996.
Project: The project will consist of the acquisition of a manufacturing facility to build
specialty automotive vehicles, manufacture automotive parts and manufacture
automotive test equipment. The new facility would allow for the proposed expansion
of SLP's manufacturing facilities in the Michigan area, as well as providing a
regional assembly facility in Michigan.
Machinery and equipment acquisition would include the purchase of four (4) engine
dynamometer test cells and one (1) emission test cell for the development of SLP
specialty vehicle engine programs. Additionally, assembly, welding, and data
acquisition equipment is needed for the manufacture of automotive test products.
Vehicle lifts, tire and wheel mounting and balancing equipment, chassis alignment,
paint booths, compressed air systems, stripping booths an fiberglass molding
equipment will be needed to support the vehicle manufacturing facility.
Location: Wixom, MI
Project Cost: Building (purchase or construction) & land $3,550,000
Site Work (land prep., landscaping) 295,000
Machinery and Equipment 2,000,000
Engineering Fees 300,000
Legal Fees 30,000
Financing Fees & Costs 75.000
Total Project Cost $6,250,000
Job Impact: The projected number of new permanent jobs to be created is 110 20 professional,
75 skilled and 15 unskilled. The total number of jobs retained is 40, 30 professional,
10 skilled.
Owner: Edward Hamburger, 100% Shareholder
Prior Approvals:
1. County EDC: Resolution of Inducement (1/20/98)
2. County EDC: Resolution Designating Project Area/Project District Area &
Requesting Appointment of Additional Directors (2/17/98)
3. County Executive: Appointment of Additional Directors 0
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L. Brook Pelioia, County Executive Date
Resolution 498043 March 19, 1998
Moved by Palmer supported by Dingeldey the resolution be adopted.
AYES: Holbert, Huntoon, Jacobs, Johnson, Kaczmar, Kingzett, Law,
McCulloch, Millard, Moffitt, Obrecht, Palmer, Powers, Schmid, Taub, Wolf, Amos,
Coleman, Devine, Dingeldey, Douglas, Garfield, Gregory. (23)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution was adopted.
HEREBY, de- HE FOREGOING RESOLUTION
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 March 19, 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 19th day of March 1998.
en, County Clerk