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HomeMy WebLinkAboutResolutions - 2019.02.07 - 30972REPORT (MISC. #19023) February 7, 2019 BY: Helaine Zack, Chairperson, Finance Committee IN RE: ECONOMIC DEVELOPMENT AND COMMUNITY AFFAIRS — RESOLUTION APPROVING THE PROVISIONS OF A BROWNFIELD PLAN FOR THE 1200 AUBURN ROAD — CITY OF PONTIAC PROJECT To the Oakland County Board of Commissioners Chairperson, Ladies and Gentlemen: The Finance Committee, having reviewed the above-referenced resolution on January 30, 2019, reports with the recommendation that the resolution be adopted. Chairperson, on behalf of the Finance Committee, I move the acceptance of the foregoing report. Commissioner Helail-ce Zack, District #18 Chairperson, Finance Committee FINANCE COMMITTEE VOTE: Motion carried unanimously on a roll call vote. MISCELLANEOUS RESOLUTION #19023 February 7, 2019 BY: Commissioner William Miller, Chairperson, Economic cirowth and Infrastructure Committee IN RE: ECONOMIC DEVELOPMENT AND COMMUNITY AFFAIRS - RESOLUTION APPROVING THE PROVISIONS OF A BROWNFIELD PLAN FOR THE 1200 AUBURN ROAD — 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 the 1200 Auburn Road site in The City of Pontiac (the "Property") is defined as functionally obsolete under state statute and a non-producing parcel; and WHEREAS a Brownfield clean up and redevelopment plan amendment (the "Plan") has been prepared to restore the environmental and economic viability of this parcel; and WHEREAS pursuant to OCBRA by-laws, a local committee has been appointed, participated in discussions regarding the proposed plan and project, reviewed the plan, and recommends its approval; and WHEREAS the City of Pontiac has reviewed the Plan, and has been provided a reasonable opportunity to express views and recommendations regarding the Plan in accordance with Sections 13 (13) of the Act, and has concurred with the provisions of the Plan; and WHEREAS the OCBRA, pursuant to and in accordance with Section 13 of the Act, has approved a resolution (attached) adopting the Plan, and recommends the adoption of the Plan by the Oakland County Board of Commissioners to be carried out within the City of Pontiac relating to the 1200 Auburn Road redevelopment in the City of Pontiac. WHEREAS the developer, Peninsula Holdings II, LLC, will assume Brownfield related eligible activity development costs estimated at $312,044 with a potential $37,113 contingency resulting in a total reimbursement in a not-to-exceed amount of $349,157. Costs include preparation of environmental site assessments and hazardous materials survey, industrial cleaning and oversight/sampling/reporting, demolition, asbestos activities, and preparation and implementation of the Brownfield Plan and Act 381 Work Plan associated activities. WHEREAS the cost of these eligible plan activities will be reimbursed to the developer by the Oakland County Brownfield Redevelopment Authority (OCBRA) from tax capture based on the incremental difference on the taxable value of the property; estimated at $465,721 of total tax capture over an eleven (11) year period ($40,632 estimated for County General Operating and $2,362 estimated for Parks and Recreation). Total tax capture consists of the following: Developer Reimbursement $ 349,157 Local Brownfield Revolving Fund $ 42,363 State Revolving Fund $ 19,201 OCBRA Adnnin Fees $ 55,000 Total Tax Capture $ 465,721 NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners does hereby adopt the Brownfield Redevelopment Plan to be carried out within the City of Pontiac, relating to the 1200 Auburn Road redevelopment. BE IT FURTHER RESOLVED that a public hearing on the adoption of the Brownfield Plan approved by the Oakland County Brownfield Redevelopment Authority for the 1200 Auburn Road redevelopment in the City of Pontiac shall be held on February 7, 2019, at 9:30 AM in the Oakland County Board of Commissioners' Auditorium, 1200 North Telegraph Road, Pontiac, Michigan. BE IT FURTHER RESOLVED no budget amendment is required as the budget already includes estimated tax capture offsets. ECONOMIC GROWTH AND INFRASTRUCTURE COMMITTEE VOTE Motion carried unanimously on a roll call vote with Powell and Weipert absent. Chairperson, on behalf of the Economic Growth and Infrastructure Committee, I move the adoption of the foregoing resolution. Commissioner William Miller, District #14 Chairperson, Economic Growth and Infrastructure Committee RESOLUTION TO APPROVE A BROWNFIELD REDEVELOPMENT PLAN FOR THE 1200 AUBURN ROAD BROWNFIELD PROJECT JANUARY 8, 2019 WHEREAS, 1200 Auburn Road in the City of Pontiac has been determined to be functionally obsolete under state statute, and a non-producing parcel for many years; and, WHEREAS, a clean up and redevelopment plan has been established to restore the environmental and economic viability to the 1200 Auburn Road parcel by the Peninsula Holdings II, LLC "developer"; and, WHEREAS, the local host committee consisting of Mayor Waterman from the City of Pontiac and Mr. Hunter from the OCBRA have met and have recommended the approval of the Brownfield plan dated October 23,2018; and, WHEREAS, the BRA Board has reviewed the proposed plan; now, THEREFORE, BE IT RESOLVED, the Brownfield Plan for the 1200 Auburn Road project is hereby approved by the OCBRA on January 8, 2019; provided that, 1. The Brownfield plan is also approved by the City of Pontiac Council; and, 2. The local tax capture for the project as reflected in the approved Brownfield plan for the approved eligible activity, in total not to exceed $221,213; and, 3. The Brownfield plan is amended to include: a. Documentation that the proper determination of eligibility is based on a determination that the building is functionally obsolete. b. Local Brownfield Revolving Loan Fund capture shall collect for one full year after the year in which reimbursement of approved eligible activities has been completed 4. The Developer and the OCBRA agree upon a mutually acceptable Reimbursement Agreement, and the OCBRA authorizes the Board Chairperson to sign the reimbursement agreement on behalf of the OCBRA. BE IT FURTHER RESOLVED, to recommend the adoption of this plan by the Oakland County Board of Commissioners, and its Economic Growth and Infrastructure and Finance Committees. Yeas- Jamieson, Lerminiaux, Hunter, Trigger, Webster Nays- Dan thiiiter Secretary, Oakland County Brownfield Redevelopment Authority Yeas- Trigger, Lerrniniaux, Hunter, Jamieson, Webster Nays- an Hunter Secretary, Oakland County Brownfield Redevelopment Authority ESTABLISHMENT OF A COMMITTEE FOR THE 1200 AUBURN ROAD BROWNFIELD SITE JANUARY 8, 2019 WHEREAS, per the Oakland County Brownfield Redevelopment Authority (BRA) Bylaws, Article II Section 9. Not less than sixty days prior to the submittal of any proposed Brownfield redevelopment plan to the BOC pursuant to Section 14(a) of the Act, by resolution the Board shall appoint a committee for any such proposed plan to allow for input of the city, village or township involved. The committee shall consist of a minimum of one or more of the Directors of the Board, as well as one elected official, or his/her designee from the affected city, village, or township. The committee so appointed shall make recommendations to the Board, which shall include or address any changes to the Brownfield redevelopment plan sought by the city, village or township, as well as any other significant concerns or issues raised by the city, village or township. WHEREAS, Dan Hunter (Oakland County BRA) and Deidre Waterman, Mayor City of Pontiac have been designated to serve on the Local Host Committee since October 23, 2018 for the 1200 Auburn Road project. WHEREAS, all parties involved with this project and the specific persons nominated for this committee have meet about this project: and, THEREFORE, be it resolved, to approve and ratify the appoin thent of Dan Hunter, Oakland County BRA along with Deidre Wateiman, Mayor City of Pontiac to serve on the 1200 Auburn Road project committee. OAKLAND COUNTY BROWNFIELD REDEVELOPMENT AUTHORITY BROWNFIELD PLAN PENINSULA PLASTICS — PROJECT GROWTH LOCATED AT 1200 AUBURN AVENUE PONTIAC, OAKLAND COUNTY, MICHIGAN October 23, 2018 Approved by BRA: Approved by Board of Commissioners: Prepared on Behalf of: Peninsula Holdings II, LLC 2800 Auburn Court Auburn Hills, Michigan 48326 Contact Person: Mr. Ryan Victory Telephone: (248) 761-3454 Prepared By: PM Environmental, Inc. 4080 West Eleven Mile Road Berkley, Michigan 48072 Contact Person: Ginny Dougherty Telephone: (248) 414-1436 PM ENVIRONMENTAL Risk Well Managed Brownfield Plan for the Commercial Property Located at 1200 Auburn Avenue in Pontiac, Michigan PM Project No. 01-9923-0-0004; October 23, 2018 TABLE OF CONTENTS PROJECT SUMMARY 1 I. INTRODUCTION AND PURPOSE 2 II. GENERAL PROVISIONS 2 A. Description of the Eligible Property (Section 13 (2)(h)) and Project 2 B. Basis of Eligibility (Section 13 (2)(h) and Section 2(o)) 4 C. Summary of Eligible Activities and Description of Costs (Sec. 13 (2)(a-b)) 4 D. Estimate of Captured Taxable Value and Tax Increment Revenues (Sec. 13 (2)(c)) 5 E. Method of Brownfield Plan Financing and Description of Advances by the Municipality (Sec. 13 (2)(d)) 6 F. Maximum Amount of Note or Bonded Indebtedness (Sec. 13 (2)(e)) 6 G. Duration of Brownfield Plan (Sec. 13 (2)(f)) 6 H. Estimated Impact of Tax Increment Financing on Revenues of Taxing Jurisdictions (Sec. 13 (2)(g)) 6 I. Legal Description, Property Map, Statement of Qualifying Characteristics and Personal Property (Sec. 13 (2)(h)) 8 J. Displacement/Relocation of Individuals on Eligible Property (Sec. 13 (2)(i-l)) 8 K. Other Material that the Authority or Governing Body Considers Pertinent (Sec. 13 (2)(m)) 9 APPENDICIES Appendix A Appendix B Appendix C Appendix D TABLES Legal Description Property Location Boundary Preliminary Site Plans Documentation of Eligibility Table 1: Estimated Costs of Eligible Activities Table 2: Tax Increment Revenue Capture Estimates Table 3: Tax Increment Revenue Reimbursement Estimates Brownfield Plan for the Commercial Property Located at 1200 Auburn Avenue in Pontiac, Michigan PM Project No. 01-9923-0-0004; October 23, 2018 PROJECT SUMMARY Project Name: Project Location: Type of Eligible Property: Eligible Activities: Developer Reimbursable Costs: LBRF Capture: Years to Complete Reimbursement : Project Growth - Peninsula Plastics The property is located at 1200 Auburn Avenue in Township three north (T.3N), Range ten east (R.10E), Section 34, Pontiac, Oakland County Michigan 48342, as more specifically described in Appendix A (the "Property"). The property is determined to be "Functionally Obsolete" Pre-Approved Activities, Department Specific Activities, Demolition, Asbestos and Lead Activities, and Preparation and Implementation of a Brownfield Plan and Act 381 Work Plan. $349,157 (includes eligible activities and 15% contingency) $42,363 11 Years from date of Plan approval Estimated Capital Approximately $8 million (including Acquisition, Hard and Soft Investment (Real Property): Costs) Project Overview: The proposed redevelopment entails the renovation and rehabilitation of the existing warehouse/distribution building to expand the operations of Peninsula Plastics into the City of Pontiac. This includes the removal of the underground storage tanks (USTs) and demolition of the pump island canopy, as well as improvements to the exterior paved surface. in addition, the current warehouse/distribution building will undergo significant renovations including the relocation and upgrade of existing electrical utilities to meet modern demands, removal of obsolete fire suppression equipment and installation of special equipment and piping to meet the demands of the production floor, and upgrades and installation of new lighting, flooring, and other fixtures throughout the remainder of the building. Demolition activities are anticipated to begin in the fall of 2018 with renovations continuing into winter as operations are expanded into the building. PM Environmental, Inc. Page 1 Brownfield Plan for the Commercial Property Located at 1200 Auburn Avenue in Pontiac, Michigan PM Project No. 01-9923-0-0004; October 23, 2018 I. INTRODUCTION AND PURPOSE In order to promote the revitalization of environmentally distressed, historic, functionally obsolete and blighted areas within the boundaries of Oakland County ("the County"), the County has established the Oakland County Brownfield Redevelopment Authority (OCBRA) the "Authority" pursuant to the Brownfield Redevelopment Financing Act, Michigan Public Act 381 of 1996, as amended ("Act 381"). The purpose of this Brownfield Plan (the "Plan") is to promote the redevelopment of and investment in the eligible "Brownfield" Property within the County and to facilitate financing of eligible activities at the Brownfield Property. Inclusion of Brownfield Property within any Plan in the County will facilitate financing of eligible activities at eligible properties, and will provide tax incentives to eligible taxpayers willing to invest in revitalization of eligible sites, commonly referred to as "Brownfields." By facilitating redevelopment of the Brownfield Property, this Plan is intended to promote economic growth for the benefit of the residents of the County and all taxing units located within and benefited by the Authority. The identification or designation of a developer or proposed use for the Brownfield Property that is subject to this Plan shall not be integral to the effectiveness or validity of this Plan. This Plan is intended to apply to the eligible property identified in this Plan and, to identify and authorize the eligible activities to be funded. Any change in the proposed developer or proposed use of the eligible property shall not necessitate an amendment to this Plan, affect the application of this Plan to the eligible property, or impair the rights available to the Authority under this Plan. This Plan is intended to be a living document, which may be modified or amended in accordance with and as necessary to achieve the purposes of Act 381. The applicable sections of Act 381 are noted throughout the Plan for reference purposes. This Brownfield Plan contains information required by Section 13(2) of Act 381, as amended II. GENERAL PROVISIONS A. Description of the Eligible Property (Section 13 (2)(h)) and Project The Eligible Property consists of one (1) legal parcel totaling approximately 13.31 acres with a street address of 1200 Auburn Avenue in Pontiac, Oakland County, Michigan. The parcel and all tangible personal property located thereon will comprise the eligible property and is referred to herein as the "Property." Parcel ID Number Address CitY Approx. Acreage Eligibility Current Zoning 64-14-34-201 -012* 1200 Auburn Avenue Pontiac 13.31 "Functionally Obsolete" C-3 *Includes taxes attributable to both Ad Valorem property taxes and a Special Act Tax Parcel. Peninsula Holdings II, LLC ("Peninsula Holdings") a development entity of Peninsula Plastics Company, Inc., ("Peninsula Plastics") or any affiliate, or such other developer as approved by the Authority, are collectively the project developer ("Developer"). Peninsula Plastics is an Oakland County based custom-engineered industrial thermoforming company that was founded in 1980. They began with the initial goal of becoming a world-class PM Environmental, Inc. Page 2 Brownfield Plan for the Commercial Property Located at 1200 Auburn Avenue in Pontiac, Michigan PM Project No. 01-9923-0-0004; October 23, 2018 manufacturer of custom packaging and a dunnage supplier for the automotive industry. Since then, Peninsula Plastic's capabilities have expanded to twin sheet thermoforming, 5-axis CNC & robot trimming, and die cutting with expansion to other industries such as textile, retail, aerospace, military, and more. In addition, Peninsula Plastics is expanding their export sales to other countries including Canada, Mexico, Brazil, and Chile. Peninsula Plastics has become a full service leader with expertise in the designing, development, and tooling of the parts that are made in-house. Peninsula Plastics provides a wide range of jobs, from skilled and semi-skilled positions to advanced manufacturing and engineering. The proposed project outlined within this Plan is part of Peninsula Plastic's continued efforts to invest and further expand within Oakland County and the City of Pontiac. The parcel is currently zoned C-3: Corridor Commercial. The Property is commercially developed with a 97,116 square foot vacant warehouse and distribution building and a maintenance building in an area characterized by commercial and warehouse uses. Standard and other historic sources document the Property remained as undeveloped land from 1937 until 1956. By 1967, numerous dirt roads were present over the majority of the Property that extend onto the western adjoining property. From 1972 to 1983, the dirt roads were less prevalent, and the current distribution warehouse structures were constructed in 1980. The southern building appears to have been used as a vehicle maintenance garage. A tractor trailer washing area is located in the northern portion of the building while the remaining southern portion is a high-bay garage area. An active gasoline filling station is present to the east of the southern building with four dispensers connected to four Underground Storage Tanks (USTs) located near the pump island. The Property has been vacant since October 2017. The Property's legal description is included in Appendix A. A property location map is included in Appendix B. The proposed redevelopment entails the renovation and rehabilitation of the existing warehouse/distribution building to expand the operations of Peninsula Plastics within the City of Pontiac. The building will be used for engineering and design office space, manufacturing of molded plastic products, tooling, and warehousing. The rehabilitation includes the removal of the USTs and demolition of the pump island canopy, as well as improvements to the exterior paved surface. In addition, the current warehouse/distribution building will undergo significant renovations including the relocation and upgrade of existing electrical utilities to meet modern demands, removal of obsolete fire suppression equipment and installation of special equipment and piping to meet the demands of the production floor, and upgrades and installation of new lighting, flooring, and other fixtures throughout the remainder of the building. Demolition activities are anticipated to begin in the fall of 2018 with renovations continuing into winter as operations are expanded into the building. The Developer anticipates making a significant initial investment at the site including, approximately $6,500,000 in acquisition costs, $1,500,000 in real property improvements and $6,450,000 in new equipment. In addition, the company would be relocating approximately $2,000,000 (acquisition cost) of machinery and equipment to the site. Peninsula Plastics has the goal of creating an additional 40 full time jobs over the next five years with average wages around $45,000. This is in addition to the construction and other ancillary jobs that the project may generate. The City of Pontiac has used an estimate of 80 ancillary jobs being created. As a part of its commitment to the City of Pontiac, the company anticipates hiring 25 Pontiac residents over the next three years. Thereafter it will continue its commitment to hiring and retaining PM Environmental, Inc. Page 3 Brownfield Plan for the Commercial Property Located at 1200 Auburn Avenue in Pontiac, Michigan PM Project No. 01-9923-0-0004; October 23, 2018 Pontiac residents pursuant to a development agreement with the City of Pontiac. It also hopes to establish certain internships for the Pontiac residents to develop its workforce. Preliminary site plans are included in Appendix C. B. Basis of Eligibility (Section 13 (2)(h) and Section 2(0)) The Property is considered "Eligible Property" as defined by Act 381, Section 2 because: (a) it was previously utilized or is currently utilized for a commercial purpose; and, (c) the parcel comprising the Property has been determined to be a "functionally obsolete" by a Michigan Master Assessing Officer (MMAO) (formerly Level IV) as described below. The Property is functionally obsolete because it has suffered a substantial loss in value because it cannot adequately perform its intended function, which is as a commercial building. Substantial improvements to the property are required in order for the Property to adequately perform its intended function, including but not limited to: • Replacement of heating and cooling systems • Replacement and upgrading of fire suppression systems • Replacement and upgrading of lighting • Interior demolition and reconfiguration of walls and enclosures • Roof replacement • Removal of underground storage tanks, including possible soil remediation • Resurfacing of the existing asphalt parking lot The functional obsolescence determination is provided in Appendix D. C. Summary of Eligible Activities and Description of Costs (Sec. 13 (2)(a-b)) Tax Increment Financing revenues will be used to reimburse the costs of "eligible activities" (as defined by Section 2 of Act 381) as permitted under the Brownfield Redevelopment Financing Act that include: Pre-Approved Activities, Asbestos Containing Materials (ACM) Survey, Department Specific Activities, Demolition, Asbestos and Lead Activities, and Preparation and Implementation of a Brownfield Plan and Act 381 Work Plan. A complete itemization of these activities and associated expenses is included in Table 1. The following eligible activities and budgeted costs are intended as part of the development of the property and are to be financed solely by the developer. All activities are intended to be "Eligible Activities" under the Brownfield Redevelopment Financing Act. The Authority is not responsible for any cost of eligible activities and will incur no debt. 1. Pre-Approved Activities include a Phase I Environmental Site Assessment (ESA), Phase II ESAs and Hazardous Materials Survey required as part of the pre-purchase due diligence conducted on the property at a total cost of $29,625 2. Department Specific Activities include Industrial Cleaning and oversight/sampling/reporting by an environmental professional at a total estimated cost of $28,000. PM Environmental, inc. Page 4 Brownfield Plan for the Commercial Property Located at 1200 Auburn Avenue in Pontiac, Michigan PM Project No. 01-9923-0-0004; October 23, 2018 3. Demolition Activities includes building demolition activities, disposal of non-reusable and non-recyclable building elements, removal of abandoned utilities, removal of the USTs and canopy, and fill, compaction, and rough grading where improvements were located at an estimated cost of $194,419. 4. Asbestos Activities includes asbestos containing materials (ACM) abatement, oversight, air monitoring and associated reporting at an estimated cost of $25,000. 5. Preparation and Implementation of the Brownfield Plan and Act 381 Work Plan and associated activities (e.g. meetings with BRA, review by County Attorney etc.) at a cost of approximately $35,000. 6. A 15% contingency of $37,113 is established to address unanticipated environmental and/or other conditions that may be discovered through the implementation of site activities. This excludes the cost of Baseline Environmental Assessment Activities and preparation of the Brownfield Plan and Act 381 Work Plan. All activities are intended to be "Eligible Activities" under the Brownfield Redevelopment Financing Act. The total estimated cost of Eligible Activities subject to reimbursement from tax increment revenues is $312,044 with a potential $37,113 contingency, resulting in a total cost of $349,157. Therefore the total cost for reimbursement to the applicant is a not-to-exceed amount of $349,157 (including contingency), unless the Plan is amended and approved by the OCBRA and the Oakland County Board of Commissioners. D. Estimate of Captured Taxable Value and Tax Increment Revenues (Sec. 13 (2)(c)) Incremental taxes on real property included in the redevelopment project will be captured under this Plan to reimburse eligible activity expenses. The base taxable value of the Property shall be determined by the use of the 2018 tax year tax values, which is $1,276,080, related to the Ad Valorem tax parcel ID 64-14-34-201-012, and $0, related to the Special Act Tax Parcel to be created. Tax increment revenue capture will begin when tax increment is generated, which is expected to begin in 2019. The taxable value for the Ad Valorem parcel in 2019 is estimated, based on certain aggressive estimates, to reach up to $417,444. An annual increase in taxable value of 1% on the Ad Valorem parcel has been used, for modeling purposes only, in the calculation of future tax increments in this Plan. The estimated 2019 taxable value of the Ad Valorem parcel, at $417,444 (and subject to an estimated 1% annual increase), is less than the base taxable value of $1,276,080. Any annual negative increment will be passed over and does not create any benefit or loss to the available Brownfield TIE capture. Rather, the taxable value of the Ad Valorem parcel ($417,444), in this instance, will preserve tax revenues for the taxing jurisdictions. The taxable value for the Special Act Tax Parcel in 2019 is estimated, based on certain aggressive estimates, to reach as high as $914,310. This value will remain constant throughout the duration of the PA 198 Plant Rehabilitation Industrial Facilities Tax Exemption. Tables 2 uses the estimates stated above to detail the potential capture of tax increment revenues for each year of the Plan from the eligible property. PM Environmental, Inc. Page 5 Brownfield Plan for the Commercial Property Located at 1200 Auburn Avenue in Pontiac, Michigan PM Project No. 01-9923-0-0004; October 23, 2018 Prior to reimbursement of tax increment revenue to the Developer, payment of Brownfield Redevelopment Authority Administrative fees will occur first. The OCBRA has established a Local Brownfield Revolving Fund (LBRF). Capture for the LBRF is included in this plan for one year after the year in which reimbursement of approved eligible activities has been completed. Capture in the LBRF is currently estimated at $42,363, as shown in Table 3. The funds deposited into the LBRF as part of this Plan will be used in accordance with the requirements of Act 381, as amended. E. Method of Brownfield Plan Financing and Description of Advances by the Municipality (Sec. 13 (21(d)) Eligible activities will be financed by Peninsula Holdings II, LLC. The Developer will be reimbursed for eligible costs as described in Section C and outlined in Table 1. Costs for Eligible Activities funded by Peninsula Holdings II, LLC will be repaid under the Michigan Brownfield Redevelopment Financing Program (Michigan Public Act 381, as amended) with incremental taxes generated by future development of the property. The estimated amount of tax increment revenue capture that will be used to reimburse the Developer and Brownfield Redevelopment Authority is $446,520. This includes developer reimbursement, Brownfield Redevelopment Authority Administrative fees, and LBRF deposits. No advances will be made by the OCBRA for this project. All reimbursements authorized under this Plan shall be governed by the Reimbursement Agreement. F. Maximum Amount of Note or Bonded Indebtedness (Sec. 13 (2)(e)) No note or bonded indebtedness will be incurred by any local unit of government for this project. G. Duration of Brownfield Plan (Sec. 13 (2)(f)) In no event shall the duration of the Plan exceed 35 years following the date of the resolution approving the Plan, nor shall the duration of the tax capture exceed the lesser of the period authorized under subsection (4) and (5) of Section 13 of Act 381 or 30 years. Further, in no event shall the beginning date of the capture of tax increment revenues be later than five years after the date of the resolution approving the Plan. Termination of the plan will occur one year after the year in which developer reimbursement of approved eligible activities has been completed. The Property will become part of this Plan on the date this Plan is approved by the Oakland County Board of Commissioners. H. Estimated Impact of Tax Increment Financing on Revenues of Taxing Jurisdictions (Sec. 13 (2)(q)1 Taxes will continue to be generated to taxing jurisdictions on local and school captured millages at the taxable value of the Ad Valorem parcel ($417,444), subject to an estimated 1% increase annually, throughout the duration of this Plan totaling approximately $268,830. PM Environmental, Inc. Page 6 Brownfield Plan for the Commercial Property Located at 1200 Auburn Avenue in Pontiac, Michigan PM Project No. 01-9923-0-0004; October 23, 2018 Non-capturable millages; including the zoo authority and art institute, will see an immediate increase in new tax revenue due to the uncapped value of the land and will provide new tax revenue of approximately $588 throughout the duration of this Plan, PM Environmental, Inc. Page 7 Brownfield Plan for the Commercial Property Located at 1200 Auburn Avenue in Pontiac, Michigan PM Project No. 01-9923-0-0004; October 23, 2018 A summary of the impact to taxing jurisdictions for the life of the Plan is summarized below, which assumes taxes are captured throughout the duration of the Plan as estimated in Table 2. Capturable Mil!ages Rate Amount Captured Taxes Preserved for Taxing Unit State Education Tax (SET) 6.0000 $36,786 $28,971 School Operating Tax 18.0000 $110,359 $86,913 Subtotal 24.0000 $147,145 $115,884 County Operating 4.0400 $40,632 $19,507 OIS Allocated 0.1950 $1,961 $942 OIS Voted 3.0863 $31,040 $14,902 OCC Voted 1.5431 $15,520 $7,451 City Operating 11.2691 $113,338 $54,413 Cap Imp 1.4085 $14,166 $6,801 Sanitation 2.8171 $28,333 $13,602 Youth Center 1.4994 $15,080 $7,240 Library 0.9996 $10,053 $4,827 Seniors Services 0.4998 $5,027 $2,413 County Pk & Rec 0.2349 $2,362 $1,134 HCMA 0.2129 $2,141 $1,028 Sinking Fund 2.8700 $28,865 $13,858 OCPTA 1.000 $10,057 $4,829 Subtotal 31.6757 $318,576 $152,946 Total Capturable Millages 55.6757 $465,720 $268,830 For a complete breakdown of the captured millages and developer reimbursement please see Table 2. 1. Legal Description, Property Map, Statement of Qualifying Characteristics and Personal Property (Sec. 13 (2)(h)) The legal description of the Property included in this Plan is attached in Appendix A. Property location map are included in Appendix B. Documentation of characteristics that qualify the property as eligible property is provided in Appendix D. J. Displacement/Relocation of Individuals on Eligible Property (Sec. 13 (2)6-1)) No displacement of residents or families is expected as part of this project. PM Environmental, Inc. Page 8 Brownfield Plan for the Commercial Property Located at 1200 Auburn Avenue in Pontiac, Michigan PM Project No. 01-9923-0-0004; October 23, 2018 K. Other Material that the Authority or Governing Body Considers Pertinent (Sec. 13 (2)(m)) The Brownfield Redevelopment Authority and the County Commission as the Governing Body, in accordance with the Act, may amend this Plan in order to fund additional eligible activities associated with the Project described herein. PM Environmental, Inc. Page 9 Attachment A ENVIRONMENTAL Risk Well Managed Legal Description: T3N, RI OE, SEC 34 ASSESSOR'S PLAT NO 141 PART OF LOT 1 BEG AT PT DIST S 88-03- 50 W 365 FT FROM NE LOT COR, TH S 02-18-40 E 589.79 FT, TH S 88-03-50W 30 FT, TH S 02-18-40 E 160.79 FT, TH N 88-03-50 E 395 FT, TH S 02-18-40 E 144.42 FT, TH S 70-32-35 W 876.52 FT, TH N 01-56-10 W 1158.87 FT, TH N 88-03-50 E 465 FT TO BEG 11-23-06 FR 011 ENVIRONMENTAL Risk WeLL Managed Attachment B 1200 Auburn Pontiac 2 Foot Contours 5 Foot Contours FalA Dose Flood ElovatIons FEW, Cre” Sections 100 Or- FEAfloodpakr C:0100 yr (detailod) - FEL% Flood pleln 500 yr - FEM A Flo.00lplaln FLOODWAY - FEMA Fkorlphsil 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. FEMA Flpoplain data may L Brooks Patterson riot always be present on the map, Oakland County Executive Date Created: 6/1/2018 NORTH inch = 400 feet Oakland Courtly One Stop Shop 2100 Pontiac Lake Road Bldg. 41 West Waterford, MI 48328 Phone: 248-858-0721 Web: www.advanlageoakland.con1 ENVIRONMENTAL Risk Well Managed Attachment C KEY NOTES: Lu.rcavag,1571,.....m.G...,,,,W4Lml. RenovE sp..% kdo lt) ALL RELATED CONPONFRIT LRITEL, 1=1.7NIMPITa=1,7 a F713Ir LA.' FIY,T=; 1(76EtiltTLFR NEI, FIRE SUPPRESSION VSIE, TY P AREasoFriou. ser,mrre 4.5110n1, 1.7111.13 MAR Z. FRAME -MEE R.N. FREUND &ASSOCIATES 177 305TH 3100E7 StITE 000 ROYAL DA& 6143057 DEMOLITION LEGEND vosrinn AREA.1.191- • I COM., EUVING..1, EGMING MAI, ..ME TWIEMUlt 7 N ol GENERAL DEMOLITION NOTES: DATE ILOUED oL27 ill PERMIT C0.14.18 RMSEI OR. • PE,AVE.511173PANITIONSAS • 1,0070 SAISIII-AOSCAS P.,D FRAMES • ,L VAISTI.S.C1117., DISTFIS4117:4 ELEUTRICAL uarrnr. PANELD.RE. IAA I:WORMERS REMH REDS, ID}7 60) 11P.A.MI,0550 First Floor Plan bernolllion OFRCEPRUSkOr Pi ..111,767- C.STRUCTI011 1000TSOMETUIS PONT. USE 016.1700 01601.111015. GMT. DRAWN_ CHECKED' • , . pLOT DATE 3 TIME'. Sep 14, 21:49 -8.05am DRAWN DATE_ Ei FIRST FLOOR PLAN - DEMOLITION SCALE VW -1,0. ardr/ala 7..0,;E,T 0110 3001 t7.F401. SHEET t•ITJMBER. A-111 0-- _DI CTS 12'4, 4. 15,4- +1- 4 iI / FREE Wes Pemp L21 6i) FIRST FLOOR PLAN-NEW WORK 1051E 5013.-1. rePRE-HoUPE —MEC- 0— - 0— 00 PrFiCE PAPAS 1.1 UT tecexame•Po c.C.STRuelim - CD-- FREUND ASSE.C1.475 WOW. Slid STREET SUM MR 00707 505, 1549067 MET, DECK VER-PraL alp MiNIEFAL WC.. FIRE IN.S,..11 [Mira' XS 210 15 22 CR10 OPP.7.7_ZR PM& a D.C. VERT. 1.117161, ,LEED TOP CO,REE WAVT,E1X' T'TQg' or. MASONRY ,V1101,17 REINFORLIN, .00VIRL .70 SIAS AM GR., .OXY GROUT LODI, LINE OHAE scAtEe R30 5!5 '7=1-4N2r=7L xzwalga OF HEM, A.J EN!, GROUTED SOLID MOW EASTIN.1.501:11Y Ve, D115511150 11T50 HrS.1 Floor Plan New Work MABONIRY 11.14544_ 9CALE: Peee' C 1E0n1.1 ,1E [1. 3CALE:W.1407 NEW WORK KEY NOTES: NEW WORK LEGEND 555 0- 302705 M.e9 ISSUER F PERMIT ROUTED T _ DEM, 1,111 ='Plii3'1.112%Z.T.EALI"El270:7'111A, PACT L CUD, 0 KGX-VIT AREAS raVrIrryg 71.U. NFU., N....FIER TO SAOR P.15111. PRFA NOT IN 7 0— pr.';'; 0.4 LNALPP.Pe-PILIP.S[PeArAPP DIPONell WI, RECEIVE NEN WIT .-COLORS 0 .01,14MES 501.1;3 AND SMOOTH 1-7.) so. F. ENLARGED vv... SM7E,1_ V0.211 pRoy. upopADE FE!, ELEGTR Pneelp4upset APP,P.Neel00.110P-PleiNIsee.P INSTALL U) FEW OM 132, PRIVARY SNETCH 11.7D UM. ,RERRE16.7, eup.res.k. 1,1PiP41.0,..v0. TioNsronmEtts (RMIRE157170 FLIMISA 11951,,L 61:014 semenoppeeol.moopedasnsTiEDrocEntes,/ Kee, DO NOT SCALE THIS PEW. USE FIGURED DIMENSIDHS ONLY, DRAM. CHECKED. PLOT 00106 1100 Sep .1. POI -Man DRAWN DATE 0427.2018 PROJECT RIO 010 17.PERDI SHEET NUMBER A-211 ENVIRONMENTAL Risk Well Managed Attachment D David M. 'Flieber Subscribed and sworn to before me This 194'day of July 2018 °fan/ Public-4i', Havylpi-On Oakland County, Michigan My Commission Expires: 9-14—N Acting in the County of Oakland AFFIDAVIT STATE OF MICHIGAN) CITY OF PONTIAC ) COUNTY OF OAKLAND) NOW COME David M. Hieber and Jane T. Walsh, of Oakland County Equalization, both being first duly sworn, depose and state as follows: I, David M. Hieber, MMAO (4), am the Assessor for the City of Pontiac, Oakland County, Michigan and make this affidavit in conjunction with an IFEC application for the rehabilitation of a commercial warehouse building and land improvements at 1200 Auburn Road, City of Pontiac, Oakland County, Michigan. The related parcel Identified as follows: Parcel No. 64-14-34-201-012 I, Jane Walsh MAAO (3), did on July 18, 2018 inspect the above referenced parcel in the City of Pontiac and issue the following opinion: It is my expert opinion that the commercial warehouse building found on the above referenced property is functionally obsolete as defined in MCL 125.2652 of the Brownfield Redevelopment Financing Act. My opinion is based on functional inutility, which is defined as an impairment of the functional utility of a property or building according to market tastes and standards-, equivalent to functional obsolescence because ongoing change makes the plan, form, style, design, layouts, or features obsolete. (Appraisal Institute's Dictionary of Real Estate Appraisal Fifth Edition). The obsolescence is evident in the deficient heating and cooling system, fire suppression system, and lighting; all of which will need to be upgraded and/or replaced. The current power supply is insufficient and will need to be upgraded significantly to service a facility of its size. Removal of some interior walls and enclosure of four existing warehouse doors will be necessary to properly utilize the warehouse space. The existing ballasted roof is no longer functional and will require a complete replacement Four existing underground fuel tanks will need to be removed with possible soil remediation. The existing asphalt parking lot will require resurfacing or possibly replacement. In the opinion of the assessor, because of the deficient condition of the roof, mechanicais and parking lot, combined with the fuel tank removal and subsequent soil preparation, the property suffers in excess of 50% functional obsolescence. I, David M. Hieber, after inquiry and review of the findings of Jane Walsh, as well as review of records of the City of Pontiac related to this property find the above property functionally obsolete. 71 1 Further deponents sayeth not y ENVIRONMENTAL Tables Environmental & Engineering Services Phase I ESA 2,200 2,200 Phase II ESA/BEA/DDCC 22,050 22,050 Hazardous Materials Survey 5,375 Pre-Approved Activites•Sub-TOtal Oversight, Sampling and Reporting by Environmental Professional 10,000 10,000 Industrial cleaninc 18,000 18,000 •Department SpeciflO.,•ActiVitiekSu bTotaI 28.000. 26,000 29,625 Department Specific Activities Table 1: Eligible Activities Cost Estimates Item/Activity Total Request MSF Act 381 Eligible Activities MDEQ Act 381 Eligible Activities Pre Approved Activties Demolition Building Demolition Activities 120,419 $ 120,419 Disposal of Non-Reusable/Non-Recyclable Building Elements 8,000 $ 8,000 Removal of Abandoned Utilities 5,000 $ 5,000 Fill, Compaction & Rough Grading to Balance Site Where Improvements Were Located 7,000 $ 7,000 Removal of the USTs and Canopy 54,000 $ 54,000 Demolition Sub-Total AsbeStos and Lead Activities Asbestos Abatement, Oversight, Air Monitoring and Reporting 25,000 25,000 Asbestos and Lead Activities Sub Total Preparation of Brownfield Plan and Act 381 VVorkplan Preparation of a Brownfield Plan and Act 381 Work Plan 30,000 $ 15,000 $ 15,000 Implementation of the Brownfield Plan 5,000 $ 2,500 $ 2,500 Brownfield Plan and Act 381 Work plan Sub Total 1.35.000 17 500 17,500 15% Continoencv* 37,113 32,913 4,200 *15% Contingency excludes preparation of Brownfield Plan/381 Work Plan and Pre-Approved Activities Tax Increment Revenue Capture Estimates -Tonle 2 10110 Auburn, Pontiac, Oakland County, MIchlgan October 23, 2018 Estimated Taxable Value liV) Increase RPM vx, por.„{ Plan YearI 0 Calendar Year 2018 Special Ant Tax Parcel Base Value $ - Special '4,1 Tax Parcel Estimated New Tir 1 i 2019 5 914,310 2 7020 - $ 914,310 1 3 2021 $ - $ 914,310 4 6 7 2025 $ - $ 914,310 L 8 2026 ; 2027 [ $ - $ - k $ 914,310 i $ 914,310 10 11 TOTAL 2072 ' 2023 2024 _ $ - 1 $ - 1I d " - ; $ 914,310 i $ 914,3111 1 $ 914,310 i 2028 $ $ 914,310 2029 $ 514,310 Incremental Difference (New TV - Base TV) $ 914,310 $ 914,310 $ 914,310 $ 914,310 1 $ 914,313 1 $ 914,310 : $ 914,310 $ 914,310 [ 5 910,310 $ 914,3101 $ 1,276,080 [ $ 006,202 $ 914,310 Ad Ad Valorem Parcel Base Value $ 1,775,080 Valorem Parcel Estimated New TV $ 1,276,080 $ 417,444 $ 1,775,080 421,618 ! $ 1.275.080 $ 425,835 $ 1275,080 1 $ 1,276,090 1 $ 430,093 $ 434,394 $ 1,276,080 $ 438,738 $ 1,275,010 $ 443,125 1 $ 1,276,080 I $ 1,276,080 $ 447,556 $ 452,032 5 1,276,980 $ 461,110 Incremental Dlf I erence (Ness TV - Base w( Available Incremental Difference CA C.1 74 :561998,4:035 9358,616) $ 914,310 $ (854,462) $ 914,112 $ (850,245) $ 914,310 $ (846,987) $ (841,686) $ 914,310 $ 914,310 $ (037,342) $ 914,310 $ (332,955) $ 914,310 $ (824524) $ 914,310 $ (824,048) $ 914,310 $ 1619,5281 $ 914,310 $ (314,962) $ 914,310 State Education Tax prr) 6.0000 1,466 1,006 $ 5,495 $ 2,436 $ 5,486 $ 5,400 $ 5,486 $ 5,486 5 5,404 $ 5,485 $ 3,486 $ 60,344 School Operating Tax 18.0000 $ 16,458 $ 16,458 $ 16,458 $ 16,458 $ 13,458 $ 16,458 $ 16,458 $ 16,458 $ 16,450 $ 16,458 $ 16,458 5 191,033 School Total au: ,tLi.r ...±.. , 04.9000 01,903 $ 21,990 $ 21,443 $ 21,903 $ 21,943 $ 21,943 $ 21,943 5 21,943 5 11,933 5 21,943 $ 21,943 $ 041,378 aiiii.,t, County Operating 4.0400 3,694 $ 3,694 $ 3,594 $ 3,694 $ 3,694 $ 3,694 3,694 $ 3,694 $ 3,054 5 0,094 $ 3,494 $ 40,650 015 Alleacted 0.1950 $ 178 $ 178 178 $ 178 $ 178 $ 178 178 $ 178 573 $ 178 $ 178 $ 1,961 015 Voted 3.0853 $ 2,822 $ 2,822 $ 2,822 $ 2,022 $ 2,022 $ 2,922 $ 2,022 $ 2,022 $ 0,922 5 2,922 $ 2,822 5 31,040 OCC Voted 17431 $ 1,411 $ 1.411 1,411 $ 1,411 $ 1,411 $ 1,411 $ 1,411 $ 1,411 $ 1,411 $ 1,411 $ 1,411 15,570 City Operating 11.2691 $ 10,303 $ 12,5111 $ 10,304 $ 10,393 5 10,505 $ 10,303 5 10,005 $ 19,303 $ 12,303 5 10,303 $ 10,303 $ 113,338 Cap Imp 1.4085 $ 1,288 $ 1,288 $ 1,280 $ 1,268 $ 1,290 $ 1,288 $ 1,280 $ 1,288 $ 1,288 $ 1,288 $ 1,288 $ 14,166 Sanitation 2.5171 $ 2,576 $ 2,576 $ 2,576 $ 2,576 $ 7,176 $ 2,576 $ 0,576 $ 2,576 $ 2,376 5 2,576 $ 2,575 $ 28,333 Youth Cerrter 1.4934 $ 1,371 $ 1,371 $ 1,371 $ 1,371 $ 1,371 $ 1,371 1,671 $ 1,371 $ 1,371 $ 1,371 1.375 15,000 Library 0.3936 $ 914 $ 914 $ 914 $ 914 $ 914 $ 914 $ 914 $ 914 $ 914 $ 914 $ 914 $ 10,053 5 nfors Services 0.49513 $ 457 $ 437 $ 457 $ 457 $ 457 $ 457 $ 437 457 $ 457 457 $ 457 $ 5,027 County Pk & Rec 0.2349 $215 $ 215 $ 011 $ 215 $ 215 $ 215 5 215 $ 215 $ 215 $ 215 $ 215 $ 2,352 CVA 0.2129 $ 195 $ 110 $ 195 $ 19 $ 195 $ 195 $ 195 $ 195 $ ass $ ass $ 195 $ 7,141 Sinking Fund 2.5700 $ 2,024 $ 2,424 $ 2,024 S 2,624 $ 2,624 $ 2,624 $ 2,624 $ 2,624 5 2,624 $ 2,624 $ 2,674 5 25,865 OCPTA 2.2005 $ 914 5 914 $ 914 $ 914 $ 914 $ 914 $ 914 $ 914 $ 914 $ 914 $ 914 $ 15,017 Local Total 1,1tille.,;' ..iii.tilelk:S0T.:' .......... <i>".::;:...::::?::,::.::.9:M3148.611.14,::•?..., 31.6757 28,961 $ 06,981 $ 2E1,961 $ 28,961 5 28,961 $ 28,961 $ 28,961 $ 28,951 $ 28,961 5 28,961 $ 28,961 $ 318,576 Zoo Authority (Countyl 0.9982 90 5 90 $ 90 $ 90 90 $ 54 5 90 5 70 50 5 ao 50 0 005 Art Institute (County) 0.1945 $ 173 1 171 $ 376 $ 178 $ 174 173 5 170 $ 170 $ 175 $ 070 170 tilt NIESSA Judgment' 0.4080 $ Me 5 356 n 346 $ 364 $ - S $ $ $ • i S S 1,465 Total Non-Capturable Taxes Total Capturable Millages 0.6927 533 5 633 $ 633 5 633 $ 268 $ 260 268 $ 768 020 $ 2E0 $ nt $ 4,407 55.6757 Iota{ Tam Increment Revenue (T(R) Available for Capture $ 50,905 $ 50,905 $ 50,905 $ 50,905 $ 50,905 $ 50,905 $ 50,905 $ 50,905 $ 50,925 $ 50,905 $ 50,905 $ 'Thu negatIve Increment during the P6198 Abatement Is ''passed-over" and does not create any benefit or loss to the available capture r.TWESSA Judgment is anticipated to expire after 2022 a•aTaxes are representative of what Is generated by the Special Act Tex Parcel taxable value only Page 1 of 1 Devvkyupr RelfriliciOemeni; state*** Local DEC1 1.4SF .:Local TOKos: .-Locel-Oldy•:- Thuch 43.:1% $ 127,944 56.89% $ 221,213 $ 221,213 22.72% $ 79,325 79,325 77.28% I $ 269,837 $ 269,832 3 4 Estimated Capture Administrative Fees State Revolving Fund LBRF 11 Estimated Total Years of Plan: 11 10 $ ssxo $ 19,201 $ 42,363 Tax increment Revenue Reimbursement Estimates - Table 3 1200 Auburn, Pontiac, Oakland County, Michigan October 23, 2018 • • 2019 HI :: 2020 .. 1 . 2021 ,- 1 2022. I . • 2023 -I 7074 .• I 2025 2026 . 2027 I .2028 I 2029 Totai State Incremental Revenue $ 21,943 $ 21,943 $ 21,943 $ 21,943 $ 21,943 $ 21,943 $ 21,943 State Brownfield Revolving Fund {50% of SET} $ 2,743 $ 2,743 $ 2,743 $ 2,743 $ 2,743 $ 2,743 $ 2,743 State TIR Available for Reimbursement $ 19,201 $ 19,201 $ 19,201 $ 19,201 $ 19,201 $ 19,201 $ 19,201 Total Local Incremental Revenue $ 28,961 $ 28,961 $ 28,961 $ 28,961 $ 28,961. $ 28,961 $ 28,961 $ 28,961 $ 28,961 $ 28,961 $ 28,961 BRA Administrative Fee ($5,000/year) $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,030 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 Local TIR Available for Reimbursement $ 23,961 $ 23,961 $ 23,961 $ 23,961 $ 23,961 $ 23,961 $ 23,961 $ 23,961 $ 23,961 $ 23,961 $ 23,961 tP1,01:$,I01.:g40.0 1.1.1R.:4v..0101.6 .• .34B2 :::i494q.2....:.$ :.4.6z.:, $ 93,1gt: $ )$ :::::.2%9A:1:-A-, ,2m61:!:: ..$:: 23;981 $ 23; 4 TOTAL I $ 153,604 5 19,2a1 $ 134,404 $ 318,576 $ 55,000 $ 263,576 3. 009::1 Begiiinire DEVELOPER ,ialance DEVELOPER Reimbufsement Balance . . $ ...'349,157 1 $ 305,995 r$ . 262,8331 $ 219,671 .1$. 176,509 $ 133,347 1$ 90,185 I $ 53,483 I $ 88,522 I $ 5,5601 $ 0 I $ 0 , „.. $ - , :IF)" ilf2atirkeni. MSF Non-EnvironrnentaL Costs :: ;269,402 5 . : - , $ - $ - - State Tax Reimbursement 14,838 $ 14,838 $ 16,297 $ 19,201 $ 19,201. S 19,231 $ 12,741 $ 116,316 Local Tax Reimbursement $ 18,518 $ 18,518 $ 18,518 $ 18,518 $ 18,518 18,518 $ 18,518 $ 18,518 $ S,3 /5 $ 153,516 Total MSF Reimbursement Balance • 5 -':236,475 .....203,120 $ 16.3,305 $' ' 130,587: : 92;869. 5 .55,151 $ 23,893 $ • ' 3,375' $ $ -1 IV DEO Environmental Costs ..... ,•••79,325: ... .... 5. State Tax Reimbursement*** .. . 4,362 4,362 7,504 -$ 11,628 Local Tax Reimbursement $ 5,444 $ 5,444 $ 5,444 $ 3,444 $ 5,444 $ 5,444 $ 5,444 $ 5,444 $ 18,586 $ 5,560 $ 67,697 Total Local Reimbursement Balance .ricitarAr.inual:lievelopen.Reimkiursemerif 69,519 $. '...:-.:::'.0,-713 $ 51,365 $ '45,922 $ ' . 40.47.:3 $ .. '35,034 $..... 29,590 5:. '24,147: ::' 5,562. 5, ::. .s , $ . • - 4 . .. . . . . • • . .43162 $ :....43,162 - 43,162 .$. 43462: $.: ..: 43,162 • .43462 $ 36,702 23,961 $ 23,961 ,S.• . 5,560 $ - $ 349,1571 LOCAL BROWNFIELD REVOLVING rutib LBRF Deposits " $ - $ - - - - $ - $ - $ - $ - $ 18,401 $ 23,961 $ 42,363 State Tax Capture $ $ $ $ $ $ $ Local Tax Capture - $ $ - $ $ $ $ 18,401 23,961$: 42,363 Total LBRF Capture n it is anticipated that In Year 7, the available State Tax Capture will exceed the obligation to reimburse eligible expenses. " Up to five years of capture for LRRF Deposits after eligible activities are reimbursed. May be taken from DER & Local TIR only. "*For MOM Environmental Costs, State Tax Capture will only be used to reimburse that proportion of "Pre-approved Activities" as categorized in Tablet Other MDECt eligible expenses will be reimbursed through Local Tax Capture. Page 1 of 1 Resolution Requesting the Oakland County Brownfield Redevelopment Authority to Review the 1200 Auburn Avenue WHEREAS the City of Pontiac has a Brownfield project known as 1200 Auburn Avenue that it would like to have reviewed and processed by the Oakland County Brownfield Redevelopment Authority; WHEREAS the City of Pontiac has a Brownfield Authority but desires to have the Oakland County Brownfield Redevelopment Authority handle the 1200 Auburn Avenue; WHEREAS the Oakland County Brownfield Redevelopment Authority was created by Oakland County pursuant to MCL 125.2651 et seq. to assist jurisdictions like the City of Pontiac; WHEREAS the Oakland County Brownfield Redevelopment Authority is prepared to assist the City of Pontiac by reviewing the proposed 1200 Auburn Avenue, provided that the City of Pontiac acknowledges certain rights that the Oakland County Brownfield Redevelopment Authority has, to wit: • OCBRA intends to collect an administrative fee of $5,000.00 per year for the length of the Brownfield plan; and WHEREAS the City of Pontiac will have the opportunity to provide public comment on any Brownfield plan (including the amount of the administrative fee to be collected) before it is finally adopted by the OCBRA and/or the Oakland County Board of Commissioners; NOW BE IT THEREFORE RESOLVED that the City of Pontiac requests that the OCBRA undertake review of the 1200 Auburn Avenue. STATE OF MICHIGAN COUNTY OF OAKLAND CITY OF PONTIAC RESOLUTION CONCURRING WITH THE PROVISIONS OF A BROWNFIELD PLAN ADOPTED BY THE OAKLAND COUNTY BROWNFIELD REDEVELOPMENT AUTHORITY FOR THE 1200 AUBURN AVENUE RECITATIONS: 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 Brownfield Redevelopment Authority and Board (OCBRA) to facilitate the clean-up and redevelopment of Brownfields within Oakland County's communities; and WHEREAS, the property located at 1200 Auburn Avenue (Property), a site in the City of Pontiac is an environmental hazard, a "facility' under state statute; and WHEREAS, a Brownfield clean-up and redevelopment plan (the "Plan") has been prepared to restore the environmental and economic viability to this parcel which the OCBRA has reviewed and approved; and WHEREAS, pursuant to OCBRA by-laws, a local committee has been appointed, participated in discussions regarding the proposed plan and project, reviewed the plan, and recommends its approval; and WHEREAS, the OCBRA, pursuant to and in accordance with Section 13 of the Act, shall consider recommending that the Oakland County Board of Commissioners approve the Brownfield Plan to be carried out within the City of Pontiac, relating to the redevelopment of 1200 Auburn Avenue; and WHEREAS, the City has reviewed the Plan, and have been provided a reasonable opportunity to express their views and recommendations regarding the Plan in accordance with Sections 13(13) of the Act; and NOW THEREFORE BE IT RESOLVED THAT, the City of Pontiac hereby concurs with the provisions of the Plan including approval of the Plan by the Oakland County Board of Commissioners and implementation of the Plan by the Oakland County Brownfield Redevelopment Authority. BE IT FURTHER RESOLVED THAT should any section, clause or phrase of this Resolution be declared by the courts to be invalid, the same shall not affect the validity of this Resolution as a whole nor any part thereof other than the part so declared to be invalid. BE IT FURTHER RESOLVED THAT all resolutions or parts of resolutions in conflict with any of the provisions of this Resolution are hereby repealed. AYES: NAYS: ABSTENTIONS: ABSENT: CERTIFICATION It is hereby certified that the foregoing Resolution is a true and accurate copy of the Resolution adopted by the City Council of the City of Pontiac at a meeting duly called and held on the day of December, 2018. CITY of PONTIAC By: Garland Doyle, INTERIM CLERK Resolution #19023 February 7,2019 Moved by Weipert seconded by Gingell to amend the resolutions on the Consent Agenda to add Co-Sponsors. A sufficient majority having voted in favor, the motion to amend the resolutions on the Consent Agenda to add Co-Sponsors passed. Moved by Quarles seconded by Luebs the resolutions on the amended Consent Agenda be adopted (with accompanying reports being accepted). AYES: Hoffman, Jackson, KowaII, Kuhn, Long, Luebs, Markham, McGillivray, Middleton. Miller, Nelson, Powell, Quarles, Spisz, Taub, Weipert, Woodward, Zack, Gershenson, Gingell (20) NAYS: None. (0) A sufficient majority having voted in favor, the resolutions on the amended Consent Agenda were adopted (with accompanying reports being accepted). GERALD D. POISSON CHIEF DEPUTY COUNTY EXECUTIVE ACTING PURSUANT TO MCI,: 45, SRA(7) GERALD D. POISSOt\ CHIEF DEPUTY COUNTY F ACTING PURSUANT TO MC . 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 February 7, 2019, 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 7th day of February, 2019. Lisa Brown, Oakland County