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Home My WebLink AboutResolutions - 2007.08.02 - 28374MISCELLANEOUS RESOLUTION #07177 August 2, 2007 BY: PLANNING AND BUILDING COMMITTEE, SUE ANN DOUGLAS, CHAIRPERSON IN RE: PLANNING AND ECONOMIC DEVELOPMENT SERVICES DIVISION RESOLUTION APPROVING PROJECT AREA AND PROJECT DISTRICT AREA (ORCHARD LAKE SCHOOLS PROJECT) - CITY OF ORCHARD LAKE VILLAGE 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 (Orchard Lake Schools 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 Oakland County Board of Commissioners hereby certifies and approves the Project Area as designated by the EDC. 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. 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. 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. PLANNING AND BUILDING COMMITTEE PLANNING & BUILDING COMMITTEE VOTE: Motion carried on a roll call vote with Jacobsen absent. Orchard Lake Schools City of Orchard Lake EDC No. 07-05 Company: Project: Orchard Lake Schools (St. Mary's Preparatory) is an all boys high school established in 1909, with Fr. Timothy Whalen now serving as the Chancellor. St. Mary's is a four year secondary program of pre-college studies in a disciplined environment, preparing young men for future study and careers of service. The school offers both a day student and boarding school program. St. Mary's is accredited by the State of Michigan Board of Education, the Archdiocese of Detroit, and MNSAAJMANS. Almost 100% of their graduates go on to attend college. Revenues — approximately $5,000,000 in annual billings Orchard Lake Schools will be refinancing existing debt, as well as requesting $1.6 million for capital expenditures to be incurred over the next three years. The expenditures will include new roofs, furnaces, renovation of high school dorms, and the addition of the 10 new classrooms. Location: 3535 Indian Trail, Orchard Lake, MI 48324 Project Cost: Job Impact: Buildings (Construction) $800,000 Buildings (Renovations) $650,000 Site Work (Land Prep) $100,000 Machinery and equipment $350,000 Engineering Fees $100,000 Professional / Fees $400,000 Refinance Existing Debt $7,400,000 Total Project $9,800,000 Jobs retained 86 Jobs created 10 Professional 60 Professional 10 Skilled 8 Unskilled 18 Owner: Orchard Lake Schools Prior Approvals: 1. County EDC: Resolution of Inducement (7/17/2007) 2. County EDC: Resolution Recommending Project Area, District Area, & Requesting Appointment of Additional Directors (7/17/2007) L. Brooks Patterson Oakland County Executive Disclaimer: The information provided herewith has been compiled from recorded deeds, plats, tax maps, surveys and other public records. It is not a legally recorded map or survey and is not intended to be used as one. Users should consult the information sources mentioned above when questions arise. Ooz LL inr uo Oakland County Plannina and Economic Development ast Pontiac. MI 48341 Phone: 248-858-0720 Web: http://www.oakaov.corn/oss Ri!tNJoThnsoh , County Clerk, Resolution #07177 August 2, 2007 Moved by Gingell supported by Gregory the resolutions (with fiscal notes attached) on the Consent Agenda, be adopted (with accompanying reports being accepted). AYES: Burns, Coleman, Coulter, Douglas, Gingell, Gosselin, Gregory, Greimel, Hatchett, Jacobsen, KowaII, Long, Middleton, Nash, Potter, Potts, Rogers, Scott, Spector, Suarez, Woodward, Zack, Bullard. (23) 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). ,11•••n I HEREBY APPROVE Tyf FOREGOING RESOLUTION STATE OF MICHIGAN) COUNTY OF OAKLAND) I, Ruth Johnson, 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 August 2, 2007, 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 2nd day of August, 2007.