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HomeMy WebLinkAboutResolutions - 2018.12.06 - 30891MISCELLANEOUS RESOLUTION #18404 December 6, 2018 BY: Commissioner Michael Spisz, Chairperson, Economic Development and Community Affairs Committee IN RE: ECONOMIC DEVELOPMENT AND COMMUNITY AFFAIRS - RESOLUTION ABOLISHING THE PROVISIONS OF A BROWNFIELD PLAN FOR THE 585 EAST SOUTH BOULEVARD - CITY OF PONTIAC PROJECT To the Oakland County Board of Commissioners Chairperson, Ladies and Gentlemen: WHEREAS the Oakland County Board of Commissioners, pursuant to and in accordance with the provisions of the Brownfield Redevelopment Financing Act, being Act 381 of the Public Acts of the State of Michigan of 1996, as amended (the 'Act"), have established a redevelopment of Brownfields Redevelopment Authority and Board (OCBRA) to facilitate the cleanup and redevelopment of Brownfields within Oakland County's communities; and WHEREAS a Brownfield Plan for the 585 East South Boulevard site had been approved on January 17, 2018 via Miscellaneous Resolution #18007; and WHEREAS cleanup and redevelopment of the site has occurred; and WHEREAS United Shore Financial Services, LLC in a letter dated September 17, 2018 has requested to forgo its rights to the Brownfield plan and the Tax Increment Financing (TIF) outlined in the plan; and WHEREAS the future TIE dollars generated will go to their respective taxing jurisdictions; and WHEREAS the Oakland County Brownfield Redevelopment Authority (OCBRA), the City of Pontiac and the developer have all agreed to abolish the Brownfield plan for the 585 East South Boulevard project. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners does hereby abolish the Brownfield Redevelopment Plan to be carried out within the City of Pontiac, relating to the 585 East South Boulevard redevelopment. Chairperson, on behalf of the Economic Development and Community Affairs Committee, I move the adoption of the foregoing resolution. Com Distr Chairperson, Economic Dt61opment and Community Affairs Committee ECONOMIC DEVELOPMENT AND COMMUNITY AFFAIRS COMMITTEE Motion carried unanimously on a roll call vote with Berman absent. RESOLUTION TO ABOLISH THE BROWNFIELD PLAN FOR THE 585 EAST SOUTH BOULEVARD BROWNFIELD REDEVELOPMENT SITE WHEREAS, the 585 East South Boulevard Brownfield Plan was established on November 9, 2017 to restore the environmental and economic viability of the site; and WHEREAS, all eligible activities were completed, and the project was completed as outlined in the Brownfield Plan; and WHEREAS, in a letter dated September 17, 2018, United Shore Financial Services, LLC requested to forgo its rights to the Brownfield Plan and the Tax Increment Financing ("TIF") outlined in the Brownfield Plan; and WHEREAS, the future TIF dollars generated will go to the respective taxing jurisdictions; and THEREFORE, BE IT RESOLVED, the Oakland County Brownfield Redevelopment Authority approves the abolishment of the 585 East South Boulevard Brownfield Plan, located in the City of Pontiac. The Brownfield Plan shall be abolished effective December 6, 2017 and upon approval of the Oakland County Board of Commissioners. Yeas- Wilson, Hunter, Lerminiaux, Trigger, Webster, Williams, Wilson Nays- Dan Hunter Secretary, Oakland County Brownfield Redevelopment Authority YO September 17, 2018 VIA FEDERAL EXPRESS Oakland County BRA 2100 Pontiac Lake Rd. Waterford, MI 48328 Attn: Brad Hansen Oakland County BRA 1200 N. Telegraph Building 34 E., Room 1 Pontiac, MI 48341 Re: United Shore Development 585 South Boulevard E. Pontiac, Michigan (the "Project") Dear Mr. Hansen, 'United Shore Financial Services, LLC ("United Shore") has elected to forego its right to reimbursement for Eligible Activities on the above-referenced Project pursuant to the Reimbursement Agreement dated February 14, 2018 between United Shore and the Oakland County Brownfield Redevelopment Authority ("OCBRA"). Accordingly, United Shore requests that the Brownfield Plan be abolished. United Shore again appreciates the opportunity we had to work with the OCI3RA. I can be reached at (800) 981-8898 Ext. 4297 or tforrester@unitedshore.com should you have any questions or require anything further from United Shore, Veryjruly yours, Timothy I. Forrester EVP, Chief Financial Officer Cc: Mat Ishbia, CEO/President (via email) Elizabeth Masserang, PM Environmental, Inc. (via email) Page 1 of 1 FISCAL NO1 (MISC. #184,Q4), December 6, 2018 BY: Commissioner Thomas Middleton, Chairperson, Finance Committee ECONOMIC DEVELOPMENT AND COMMUNITY AFFAIRS - RESOLUTION ABOLISHING THE PROVISIONS OF A BROWN FIELD PLAN FOR THE 585 EAST SOUTH BOULEVARD- CITY OF PONTIAC PROJECT To the Oakland and County Board of Commissioners Chairperson, Ladies and Gentlemen: Pursuant to Rule XII-C of this Board, the Finance Committee has reviewed the above referenced resolution and finds: 1. The resolution abolishes the Brownfield Plan relating to the cleanup and redevelopment of the 585 East South Boulevard located in the City of Pontiac. 2. A Brownfield Plan for the site had been previously approved on January 17, 2018 via M.R. #18007. The cleanup and redevelopment of the site has occurred. 3. United Shores Financial Services, LLC has requested to forgo its rights to the Brownfield Plan and the Tax Increment Financing (TIF) outlined in the plan and TIF dollars generated will go to their respective taxing jurisdictions. 4. Abolishment of the Brownfield Plan for 585 East South Boulevard project has been agreed upon by the Oakland County Brownfield Redevelopment Authority (OCBRA), the City of Pontiac and United Shore Financial Services, LLC. 5. A budget amendment is not required. ommissioner Thomas Middleton, District #4 Chairperson, Finance Committee FINANCE COMMITTEE VOTE: Motion carried unanimously on a roll call vote with KowaII absent. Resolution #18404 December 6, 2018 Moved by Kochenderfer supported by Bowman the resolutions (with fiscal notes attached) on the amended Consent Agenda be adopted (with accompanying reports being accepted). AYES: Crawford, Gershenson, Gingell, Hoffman, Jackson, Kochenderfer, KowaII, McGillivray, Middleton, Quarles, Spisz, Taub, Tietz, Weipert, Woodward, Zack, Berman, Bowman. (18) NAYS: None. (0) A sufficient majority having voted in favor, the resolutions (with fiscal notes attached) on the amended Consent Agenda were adopted (with accompanying reports being accepted). HEREBY APPF1(VE THIS RESOLLIT4.7. CHIEF DEPUTY COUNTY EXECtir0 ACTING PURSUANT TO WICL 45 STATE OF MICHIGAN) COUNTY OF OAKLAND) I, Lisa Brown, 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 December 6, 2018, 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 6'h day of December, 2018. Lisa Brown, Oakland County