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HomeMy WebLinkAboutResolutions - 2021.10.28 - 34978tOAKLANUF- COUNTY M I CHI GAN BOARD OF COMMISSIONERS October 28, 2021 MISCELLANEOUS RESOLUTION #21-437 Sponsored By: William Miller III IN RE: Sakura Novi -City of Novi Project Chairperson and Members of the Board: 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 known as the Oakland County Brownfield Redevelopment Authority (OCBRA) to facilitate the cleanup and redevelopment of Brownfields within Oakland Countv's coimnuunities: and WHEREAS the Sakura Novi site in the City of Novi (tile "Property ") is defined as a facility tinder state statute: and WHEREAS a Brownfield clean up and redevelopment plan (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 prgiect, reviewed the plan, and recommends its approval: and 'WHEREAS the City of Novi 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 tine Act, has approved a resolution (attached) adopting the Plan, and recommends the adoption of the Plan by the Oakland County Board of C'onnuissioners to be carried out within the City of Novi relating to the Sakura Novi redevelopment in the City of Novi; and WHEREAS the developer, Sakura Novi Company, will assume Brownfield related eligible activity development costs estimated at S850,000 Costs include baseline envirou niental assessments, asbestos abatement, vapor barrier installation and demolition activities: and WHEREAS the cost of these eligible plan activities will be reimbursed to the developer by the OCBRA from tax capture based on the incremental difference on the taxable value of the property over a five (5) year period. otal tax capture consists of the following: Developer Reimbursement $850,000 Zocal Brownfield Revolving Fund S150,000 ,State Revolving Fund S149,083 'OCBRA Adinin Fees $25,000 � otalTax Captre $1,174,083 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 Novi, relating to the Sakura Novi 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 Sak-ura Novi redevelopment in the Charter City of Novi shall be held on October 29, 2021, at 6:00 PM 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 tat capture offsets. Chairperson, the following Commissioners are sponsoring the foregoing Resolution: William hiller I1I. 6z", d Date: October 29, 2021 David Woodward. Commissioner Date: November 02, 2021 Hilarie Chambers, Deputy County Executive H Date: November 02, 2021 Lisa Brown, County Clerk / Register of Deeds COMMITTEE TRACKING 2021-10-20 Economic Development & Infrastructure - recommend to Board 2021-10-28 Full Board VOTE TRACKING Motioned by Commissioner William Miller III seconded by Conuuissioner Michael Gingell to adopt the attached Brownfield Plan: Sakura Novi -City of Novi Project, Yes: David Woodward, Michael Gingell, Michael Spisz. Karen Johat, Kristen Nelson. Eileen Kowall, Philip Weipert. Gwen Markham, Angela Powell, Thomas Kuhn, Charles Moss, Marcia Gershenson, William Miller I1I, Charles Cavell, Penny Luebs, Janet Jackson, Gary McGillivray. Robert Hoffman, Adam Kochenderfer (19) No: None (0} Abstain: None (0) Absent: (0) The Motion Passed. ATTACHMENTS 1. EDI Packet Sakura Novi 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 October 28, 202 L 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 Circuit Corot at Pontiac. Michigan on Thursday. October 28, 2021. Lisa Broil n, Ookknxl Comit.1, Clerk/ Register of Deeds ESTABLISHMENT OF A COMMITTEE FOR THE SAKi1RA NOVI BROWNFIELD SITE SEPTEMBER 1, 2021 WHEREAS, per the Oakland County Brownfield Redevelopment Authority (BRA) Bylaws, Article II Section 9. 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, Peter Webster and Ingrid Tighe (Oakland County BRA) and Victor Cardeneas (Assistant City Manager, City of Novi) have been designated to serve on the Local Host Committee since July 26, 2021 for the Sakura Novi project. WHEREAS, all parties involved with this project and the specific persons nominated for this committee have been meeting about this project starting on July 28th of 2021: and, THEREFORE, be it resolved, to approve and ratify the appointment of Peter Webster and Ingrid Tighe (Oakland County BRA) along with Victor Cardeneas (Assistant City Manager, City of Novi) to serve on the Sakura Novi project committee. Yeas- Menna, Trigger, Jamieson, Tighe, Webster, Woodward Nays- 4 1 Peter Lbster Chairperson, Oakland County Brownfield Redevelopment Authority RESOLUTION TO APPROVE A BROWNFIELD REDEVELOPMENT PLAN FOR THE SAKITRA NOVI BROWNFIELD SITE SEPTEMBER 1, 2021 WHEREAS, the Sakura Novi site has been an underutilized parcel and a facility under state statute; and, WHEREAS, a clean up and redevelopment plan has been established to restore the economic viability of this parcel; and, WHEREAS, the local host committee consisting of Peter Webster and Ingrid Tighe from the OCBRA and Victor Cardenas from the City of Novi have met and have recommended the approval of the Brownfield plan; and, WHEREAS, the BRA Board has reviewed the proposed plan, now, THEREFORE, BE IT RESOLVED, the Brownfield Plan for the Sakura Novi project is hereby approved by the OCBRA on September 1, 2021; provided that, 1. 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. 2. The City of Novi and the OCBRA will agree upon a mutually acceptable Interlocal Agreement between the City of Novi Corridor Improvement Authority and the OCBRA, and the OCBRA authorizes the Board Chairperson to sign the Interlocal agreement on behalf of the OCBRA. 3. The local taxes will not exceed amounts approved in the 381 Workplan. 4. The developer submits the 2017 BEA report 5. The two parcels (I and 3) identified in the plan are combined with parcels 2 and 4 creating one parcel prior to the Oakland County Board of Commissioners meeting. BE IT FURTHER RESOLVED, to recommend the adoption of this plan by the Oakland County Board of Commissioners, and its Finance and Infrastructure Committee. Yeas- Trigger, Jamieson, Menna, Tighe, Webster, Woodward Nays - Peter Lbster Chairperson, Oakland County Brownfield Redevelopment Authority CITY OF NOVI COUNTY OF OAKLAND, MICHIGAN RESOLUTION CONCURRING WITH THE PROVISIONS OF A REVISED BROWNFIELD PLAN ADOPTED BY THE OAKLAND COUNTY BROWNFIELD REDEVELOPMENT AUTHORITY FOR THE SAKURA NOVI PROJECT Minutes of a Meeting of the City Council of the City of Novi, County of Oakland, Michigan, held in the City Hall of said City on July 26, 2021, at 7:00 o'clock P.M. Prevailing Eastern Time. PRESENT: Councilmembers Gott, Staudt, Casey, Crawford, Fischer, Maday, Mutch ABSENT: None The following preamble and Resolution were offered by Councilmember Staudt and supported by Councilmember Maday. WHEREAS, The City of Novi adopted a "Resolution Concurring with the Provisions of a Brownfield Plan" in connection with a potential development project known as Sakura Novi, located at the northeast corner of Grand River Avenue and Town Center Drive. A copy of that Resolution is attached hereto. WHEREAS, the applicant in connection with that project has submitted a REVISED proposed Brownfield Plan that reduces the amount of anticipated cost to no greater than $850,000. NOW BE IT THEREFORE RESOLVED the City of Novi hereby concurs with the provisions of the REVISED Plan, and supports approval of the REVISED Plan by the Oakland County Board of Commissioners, and implementation of the REVISED Brownfield Plan by the OCBRA. IT IS FURTHER RESOLVED the City of Novi acknowledges and understands that OCBRA intends to collect certain administrative fees and certain taxes for its revolving loan fund, which will be specified in detail in any Brownfield Plan before it is finally adopted. AYES: Gaff, Staudt, Crawford, Fischer, Maday, Mutch (6) NAYS: Casey (1) RESOLUTION DECLARED ADOPTED. Cortney HZ7nson City Clerk CERTIFICATION I hereby certify that the foregoing is a true and complete copy of a resolution adopted by the City Council of the City of Novi, County of Oakland, and State of Michigan, at a regular meeting held this 26th day of July, 2021, and that public notice of said meeting was given pursuant to and in full compliance with Act No. 267, Public Acts of Michigan, 1976, and that the minutes of said meeting have been kept and made available to the public as required by said Act. Cortney Hanson, City Clerk City of Novi OAKLAND COUNTY SAKURA NOVI 42750 GRAND RIVER AVENUE NOVI, MICHIGAN J U LY 27, 2021 Date Approved by BRA: Date Approved by Board of Commissioners: Prepared Bv: I FAUSONE BOHN, LLP 41700 W. Six Mile Rd., Suite 101 Northville, Michigan 48168 Contact Person: Paul F. Bohn Telephone: (248) 380-0000 TABLE OF CONTENTS PROJECTSUMMARY........................................................................... 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(u)) ...........................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)) .......................... 7 J. Displacement/Relocation of Individuals on Eligible Property (Sec. 13 (2)(i-1))............................................................................ 7 K. Other Material that the Authority or Governing Body Considers Pertinent (Sec. 13 (2)(m))............................................................... 7 APPENDICIES Appendix A Legal Description Appendix B Property Location Boundary Appendix C Preliminary Site Map Appendix D Documentation of Eligibility Table 1: Estimated Costs of Eligible Activities Table 2: Tax Increment Revenue Capture Estimates Table 3: Tax Increment Reimbursement Estimates PROJECT SUMMARY Project Name: Sakura Novi Project Location: The property is located at 42750 Grand River Avenue in Township one north (T.1 N), Range eight east (R.8E), Section 23, Novi, Oakland County Michigan 48375 (the "Property") Type of Eligible Property: The property is determined to be a "Facility" Eligible Activities: Site Assessment and Baseline Environmental Assessment Activities, Asbestos Containing Materials (ACM) Survey and Abatement, Contaminated Soils Removal and Disposal, Demolition, Specialized Foundations, Due Care Activities, and Preparation of a Brownfield Plan and Act 381 Work Plan. Developer Reimbursable Costs: $850,000 (includes eligible activities and 15% contingency) Years to Complete Reimbursement: Approximately 5 years from start of capture Estimated Capital Investment: Approximately $45-55 million (Including hard and soft costs, excluding the cost of land) Project Overview: The project includes demolition of existing buildings and the construction of an approximately 17-acre mixed -use development which will include restaurants, supporting retail, pro office, and 118 townhome apartments. It is estimated that 600 construction jobs will be created. The residential development will generate two permanent jobs and the commercial development will generate approximately 170 permanent jobs. The increase in jobs and addition of new development on the Property will result in an increase of City tax revenue. 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 eligible property within the City and to facilitate financing of eligible activities at the property. Inclusion of property within any Plan in the City 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 property, this Plan is intended to promote economic growth for the benefit of the residents of the City and all taxing units located within and benefited by the Authority. The identification or designation of a developers or proposed use for the 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 developers 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 Eliaible Propertv (Section 13 (2)(h)) and Proiect The eligible property consists of four (4) legal parcels totaling approximately 17 acres with street addresses of 42750 Grand River Avenue and 42525 West Eleven Mile Road, Novi, Oakland County, Michigan. These parcels and all tangible personal property located thereon will comprise the eligible property and is referred to in this Plan as the "Property." The Property is located on the northeast corner of Grand River Avenue and Town Center Drive and is bounded by Grand River Avenue to the south, Town Center Drive to the west, Eleven Mile Road to the north and City -owned wetland to the east. Individual parcel information is outlined below and legal descriptions for each parcel are included in Appendix A. A property location map is included in Appendix B. z Parcel No. 1 (ID 22-23-126-006) is currently zoned OS-1 (Office Service District) and OSC (Office Service Commercial). The parcel is partially developed with a closed car wash and an equipment building. Parcel No. 2 (ID 22-23-226-008) is currently zoned 1-1 (Light Industrial) and is undeveloped. Parcel No. 3 (ID 22-23-126-011) is currently zoned 1-1 (Light Industrial) and is developed with the Ecco Tool building. Parcel No. 4 (ID 22-23-226-007) is currently zoned 1-1 (Light Industrial) and is undeveloped. The Property is anticipated to be rezoned as a Planned Rezoning Overlay to accommodate the proposed future use. Standard and other historical sources were used to document that the Property was developed in 1897 when a residential building and garage were built. By 1940 a second residence was constructed on the northwestern portion of the Property. The Property continued to be used for residential purposes until 1967 when it was occupied by the present-day equipment building located on the southern portion of the Property, and a large pond/wetland on the western portion of the Property. By 1972, the current car wash building was present on the southwestern portion of the Property. The first recorded occupant of the Property was J Anglin Top Soil in 1973. Robert B. Aikens and Associates, LLC and Sakura Novi Land Development, LLC or any affiliate, and Robertson Brothers Homes or such other developers, are collectively the project developer ("Developer"). Robert B. Aikens and Associates, LLC, was founded over 40 years ago and has since developed over 20 million square feet of retail, commercial and residential real estate throughout the country. Aikens has successfully connected retail trends to local communities and provided residents with facilities that seamlessly blend into the local social and architectural fabric. Similarly, Robertson Brothers Homes has been building beautiful communities with a wide array of home styles in Southeast Michigan for over 70 years. The proposed project outlined within this plan is part of continued efforts by Aikens to produce innovative community -focused development projects. The development is intended to be a "best in class" collection of several Asian-themed restaurants along with supporting retail and 118 units of residential townhomes. The project will feature a walkable, open air environment, located on a 2-acre pond surrounded by Japanese -influenced gardens and situated at one of the most highly populated highway intersections in southeast Michigan. The development will create a vibrant cultural community after decades of underutilization of the Property. The creation of the mixed -use space on the Property will create numerous jobs and a regional marketplace destination. The addition of residential units to the area will also create desired housing stock within the City of Novi. Both commercial and residential uses will 3 lead to the influx of new employees and residents into the area and result in an increased spinoff in consumer spending. Construction is anticipated to begin in late Summer or early Fall of 2022 and be substantially completed by late Summer/early Fall of 2025. The Developer will invest an estimated $45 to $55 million in the development, create approximately 600 construction jobs, and create opportunity for approximately 170 future permanent retail jobs. A preliminary site plan is included in Appendix C. B. Basis of Eliaibility_(Section 13 (Mft) and Section 2(uD The Property is considered "Eligible Property" as defined by Act 381, Section 2 because it is a "Facility" or adjacent to property that is a facility, The Property was determined to be a Facility based on environmental site assessments that identified contamination at levels exceeding the applicable Michigan Department of Environment Great Lakes and Energy ("EGLE") cleanup criteria as a result of historic land uses on the Property. C. Summary of Eliaible Activities and Description of Costs (Sec. 13 2 a-b State school and/or local tax increment revenues where appropriate will be used to reimburse the costs of "Eligible Activities" (as defined by Section 2 of Act 381) and as permitted under the Act 381 that include: Site assessment and Baseline Environmental Assessment activities, Asbestos Containing Material (ACM) survey and abatement, contaminated soils removal and disposal, Due Care activities, and preparation and implementation of a Brownfield Plan and Act 381 Work Plan. An itemization of these activities and associated expenses is included in Table 1. The following eligible activities and estimated costs are intended as part of the development of the Property and are to be financed solely by the Developer. All activities are "Eligible Activities" under Act 381. The Authority is not responsible to finance for any cost of Eligible Activities and will incur no debt. 1. Preparation and implementation of the Brownfield Plan and Act 381 Work Plan and associated activities, including reasonable attorney fees for these efforts, at a cost of approximately $52,000. 2. Site Assessment and Baseline Environmental Assessment Activities include a Phase I Environmental Site Assessment (ESA), Phase II ESA, Baseline Environmental Assessment (BEA) as required as part of the pre- purchase due diligence conducted on the Property at a total cost of $7,950. 3. ACM survey and abatement at an estimated cost of $18,000. 4. Due Care Investigation at an estimated cost of $25,000 4 5. Removal, transport and disposal of contaminated soil at an estimated cost of $294,000. 6. Due Care Activities at an estimated cost of $30,000. 7. Special Foundations at an estimated cost of $270,000. 8. Demolition at an estimated cost of $50,000. A 15% contingency of $103,050 to address unanticipated environmental and/or other conditions that may be discovered through the implementation of site activities. This contingency excludes the cost of Baseline Environmental Assessment Activities and preparation of the Brownfield Plan and Act 381 Work Plan. The total estimated cost of these Eligible Activities subject to reimbursement from tax increment revenues is $746,950 with a potential $103,050 contingency, resulting in a total cost of $850,000. Therefore, the total cost for reimbursement to the Developer is a not -to -exceed amount of $850,000 (including contingency), unless the Plan is amended and approved by the OCBRA and the Board of Commissioners. D. Estimate of Caatured Taxable Value and Tax Increment Revenues, (Sec. 13 QUO) 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 2021 tax year tax value (the majority of the Property is owned by the City of Novi and has a current taxable value of $0 as tax exempt property). Tax increment revenue capture will begin when tax increment is generated by redevelopment of the Property, which is expected to begin in 2022. The estimated taxable value of the completed development utilized in the tax capture tables (Table 2 and Table 3) is approximately $19 million. This assumes a three-year phase -in for completion of the redevelopment, which has been incorporated into the tax increment financing assumptions for this Plan. An annual increase in taxable value of 1 % has been used for calculation of future tax increments in this Plan. A Commercial Rehabilitation Exemption Certificate for the Property redevelopment was assumed to reduce local taxes beginning in 2022 for a period of eight (8) years. Table 2 details the estimate of captured tax increment revenues for each year of the Plan from the Eligible Property. The OCBRA has established a Local Brownfield Revolving Fund (LBRF). Capture for the LBRF is included in this Plan following Developer reimbursement, currently established at $150,000. The funds deposited into the LBRF as part of this Plan will be used in accordance with the requirements of Act 381, as amended. Payment of Brownfield Redevelopment Authority Administrative Fees of $5,000/year will occur annually prior to reimbursement of the Developer. 5 Act 381 also requires a portion of the tax increment revenue created by the redevelopment to be placed in the State Brownfield Fund, which amount is anticipated to be $149,083. E. Method of Brownfield Plan Financing and Description of Advances, by the Municloality (Sec. 13 (2)(d)l Eligible activities will be financed by the Developer. The Developer will be reimbursed for eligible costs as described in Section C and outlined in Table 1. Costs for Eligible Activities funded by the Developer will be repaid 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 State Brownfield Fund, Developer, LBRF, and the Brownfield Redevelopment Authority is not to exceed $1,174,083. This includes Brownfield Redevelopment Authority Administrative fees. No advances will be made by the Authority for this project. All reimbursements authorized under this Plan shall be governed by a Reimbursement Agreement. F. Maximum Amount of Note or Bonded Indebtedness (Sec.13 (2)(ell No note or bonded indebtedness will be incurred by any local unit of government for this project. G. Duration of Brownfield Plan (Sec. 13 021(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 (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. 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 Taxinq Jurisdictions (Sec. 13121(a)) Taxes will continue to be generated for taxing jurisdictions on local and state captured millages at the base taxable value of the Ad Valorem parcel throughout the duration of this Plan totaling annually approximately $12,000. Non -capturable millages; including the zoo authority, art institute, and school debt will provide new tax revenue of approximately $35,000 throughout the capture duration of this Plan. A proposed Commercial Rehabilitation Act tax abatement is also being sought as part of the local contribution to the project, which is projected to begin in 2022 and run through 2029. See Table 2 for a complete breakdown of available tax increment revenue and Table 3 for the estimated tax increment reimbursement. I. Leaal Description. Property Map. Statement of Qualifvina Characteristics and Personal Property (Sec. 13 (2)(h)j. The legal descriptions of the Property included in this Plan is attached in Appendix A. A Property location map is included in Appendix B. A preliminary site plan is included in Appendix C Documentation of characteristics that qualify the property as eligible property pursuant to Act 381 are provided in Appendix D. J. Disolacement(Relocation of Individuals on Eliaible Prooertv (Sec. 13 (2)(i-1)) The Property is currently unoccupied with the exception of the Ecco Tool building and car wash building. No displacement of residents or families is expected as part of this project. K. Other Material that the Authoritv or Governina Bodv Considers Pertinent (Sec. 13 (2)(m)l The Brownfield Redevelopment Authority and the Oakland County Board of Commissioners as the Governing Body, in accordance with Act 381, may amend this Plan in order to fund additional eligible activities associated with the project described herein. XV17B1Robertson BrotherslSakura Way\BrownFleld Plan Docs1- Amended Brownfield Plan Documents\FINAL GSA Brownfield Plan DRAFT RB Redline 7.27.21.docx APPENDIX A LEGAL DESCRIPTIONS SAKURA NOV) LEGAL DESCRIPTIONS OF ELIGIBLE PROPERTY PARCELI ID Number: 22-23-126.006 A parcel of land located In and being part of the east 1/2 of the northwest ; A of Section 23, TAN., RAE., City of Novi, Oakland County, Michigan, being more particularly descr i. ad as follows: Commencing at the North 1/4 comer of said Section 23, thence proceeding South 89 Degrees 34 Minutes DO Seconds West 290.50 feet along the North line of said Section 23 and the centerline of Eleven Mlle Road to the point of beginning; thence South 00 Degrees 26 Minutes 00 Seconds East 891.67 feet (recorded as South 00 Degree 17 Minutes 20 Seconds East 891.25 feet) to a point on the centerllne of Grand River Avenue (US-16); thence North 71 Degrees 44 Minutes 00 Seconds West 652.02 feet (recorded as 650.70 feet) along said centerline of Grand River Avenue (North half 50 feet wide), thence North 682,64 feet (recorded as 682.62 feet) to a point on the North line of said Section 23, said point being located North 89 Degree 34 Minutes GO Seconds East 433.84 feet (recorded as 419.90 feet and assessed as 433.70 feet) from the 1/16 comer located at the Northwest corner of the East 1/2 of the Northwest 1/4 of said Section 23; thence continuing North 89 Degrees 34 Minute 00 Seconds East 612.44 feet (recorded as 613.40 feet) along said North line of Scctlon 23 and centerline of Eleven Mile Road (South half 33 feet wide) to the point of beginning. ARCEL 2 ID Number: 22,23-226.008 Land situated In the City of Novi In the County of Oakland in the State of Nil. Part of the Northeast 1/4 of Section 23, Town i North, Range 8 East, described as: , Beginning at a point distant North 89 degrees 00 minutes East 99.53 feet from the North 114 corner of Section 23, thence North 89 degrees 00 minutes East, 165,14 feet; thence South 0 degrees 49 minutes 20 seconds East, 527,55 feet; thence South 89 degrees 00 minutes W=st,165.14 feet; thence North 0 degrees 49 minutes 20 seconds West, 527.55 feet to the point of begnning, PARCEL3 ID Number; 22-23-126.011 Part of the Northwest 1/4 of Section 23, Town 01 North, Range 08 East, Nov' Township (now city of Nov]), Oakland County, MI described as: Beginning at a point distant South 89 degrees 00 minutes QO seconds West 65.61 feet from North 1/4 corner of Section 23; thence South 00 degrees 44 minutes 20 seconds East 527.55 feet; thence South 89 degrees 00 minutes 00 seconds West 61.82 feet; thence North 71 degrees 53 minutes 30 seconds West 170.00 feet; thence North 01 degrees 00 minutes 00 seconds West 471,87 feet; thence North 89 degrees 00 minutes 00 seconds EasD224.89 feet to the point of beginning, i PA CEC i i ID Number: 22-23-226-007 i Part of the Northwest 1/4 of Section 23, Town 01N, R, 08E„ Novi Township (now Clty of Novl) Oakland County, Michigan. Described as beginning at the North 1/4 corner of Section 23, thence North 89 degrees 00 minutes 00 seconds East 99,53 feet; thence South 00 degrees 44 minutes 20seconds East i 527,55 feet; thence South 89 degrees 00 minutes 00 seconds West 165,1-9 feet; thence North 00 degrees 44 minutes 20 seconds West 527.55 feet; thence North 89 degrees 00 minutes 00 seconds East 65,51 feet to the point of beginning. I I i i ) I I I i 2 APPENDIX 13 LOCATION MAP a nnwsavuun 31It MAY `DATnlin/za(2o10 (30UACEt GOODIE MAPS) Ercironmanlci tte tours+s Grovn APPROVEDWhOlS PROPOSED SARURA WAY DEVELOPMENT scAtfir-240' 02750 GRANO RIVER AVENUE sREen2ova NOVI, MICHIGAN 40375 , APPENDIX C PRELIMINARY SITE PLAN IAO `�b \ §/ 1 14 IMpalli 1 Ap eAv o° %AGXW%-A"" DOC-1001XVIOV4 .1 1 l �I 1t , 1; 1 1 1 s 1 t 1 1 ' i 1 1. ;'N o �` V. { t TABLE 1 Brownfield Eligible Activities Costs Sokura Way, Novi Michigan Amount Brownfield Plan & Act 381 Work Plan 1. Preparation and implementation $ 52,000 12, Environmental Site Assessments and BEA $ 7,9501 13. Asbestos Survey and Removal $ 18,000 14. Due Care Investigation $ 25,000 15. Contaminated Soil Management $ 294,000 I 16. Due Care Activities $ 30,000 17. -Special Foundations $ 270,000 1 $ 50,0001 rDemolition )total Eligible Activities $ 746,950 1 1 115% Contingency for items 3-8 $ 103,050 1 linterest on Capital Costs 1pTAL Table 2 Tax Increment Revenue Capture Schedule Salcura Novi, Novi Michigan Plan Approval Tax Capture Erdmated Taxable Value pry increase slate: 1% per year „PbinYearj Base Year I 1 2 34 5 6 7 8 Stablhand TOTAL Calendar Year 20n 2DZ2 2023 2024 225 2026 2027 202E 2Z9 _ 2030 Base Taxable Value $ 281,010 $ 281010 $ 281010 S 281,030 ,$ 281,030 $ 2 1010 $ Z81,010 $ 283A10 5 281,010 $ - FstimatedLand TaxableValue- :i '.� - s � ::3!g-74p5 <?'�$pe<fi` '-''+a0i5Commemlai --:`01— Roien ValueEstimatetlCommeroalRehabValue' �ACra:. _em EstimusendillanuAdValorc-w,r^ Value S 19 fiW S o School Capturelnaementsl Difference!(land-Base)+Frozen+Rehab $ Sn,317 $ ZUSX7 $ 114575,317 S 18,146,256 S 18,321,965 S 18,499.4n $ 28,678,573 $ 18,859,707 $ - Local Capture Incremental 01f1erenca((land-Base)+Frozen $ 575317 S 575,317 $ Sni317 $. 575,317 5 575317 S 5'75317 $ 575317 $ 575317 $ - State Education Tax(SET) 6.0000 School Operating Tax 17.2784 School Total M27M General My 4.7563S Library O.T312 Streets L4215 PaBr4/Fire 1.3535 Parks S. Rec 03M Drains 05978 Schoolsink 0.4713 Recreation 0.9365 Capital Improvement 0.9526 PA359 Emn Nip 0.0123 Oak Caunty HCMA 0.2304 Oak [So Voted 3.0362 0akISDAlloc 111918 Oak County PK&RC D3500 Oak County OF testing 4.0200 Oak Comm College 15184 Local Capturable Total 20S251 S LS96 S 3.452 S 12,452 S B ASI S S 4,835 $ 9341 $ 3S.SSB S 192,725 S 5 URI $ 13392 $ 49,310 S 246176 S 5 1337 5 2.736 $ 2.736 5 2.736 $ 5 205 S 4n S 421 421. 5 S 399 S B38 $ an 5 B18 S 5 380 9 779 S T79 S 779 5 S 103 5—no $ n0 $ 210 S 5 163 S 3" S 3" S 3" S s 132 S 2715 Z71$ ins 5 263 5 539 S 539 S 339 S 5 268 S 548 $ Sae S Bass S 5 3 S 7 S 7$ 7$ $ 59 S 221 S 121 S 221 S S 853 S 2.747 S L747 S L747 S 5 54 S no 5 no S 110 S S 98 S 201 S 21 5 201 5 5 1130 $ 2313 5 2313 S 2313 S S 427 S $74 S 674 S 874 S S 5,880 $ 12,039 S 12,039 $ 12,039 S 'Tax revenue chart uses current rates as of the date of the plan as appraveri by Cal County Equalization Actual rates of the taxing jurisdictions svlll be users moving f ntat rrla in the plan 308,678 S 199,932 S n'0,."7 S 112,072 5 ;n.159 S - $ 634392 313MS S 316574 S 319.541 S, 322.739 S 325MG S - S L826830 423.416 $ 426AS S 430,637 $ 434330 S 439,024 $ - $ 2,461Z71 2.736 S 2,736 S 2.736 S 2.736 S 2-736 S - $ 2LB91 _ 421 S 421 5 421 S 421 $ 421 5 - S 3365 me S SIB S SIB S SIB S 819 S - S 6543 779 S 779 $ 779 S 779 S 779 S S is 6.230 210 S 210 S n0 5 210 S 210 S 1.681 3" S Sala S 3" $ 3" S 3" S - �S 2.751 271S 271 S in S 271 S 271 S 5 L169 539 S 539, S S39 S Bills S SIB $ . IS 4320 Sag II - _ 549 S Sag S 548 S Sea S - IS 4.384 7 S 7 S 7 S 7 5 7 S - S 57 121 S 121 S 121 S III S In S - 5 is 96R 1.747 $ 1,747 S L747 S 1,747 S 1747 S - n374 110 S no S 310 S IM S no S S 883 201 S 201 S 201 S its S 201 S S is L611 2313 S 2313 $ 2313 S 2.313 5 2313 S - 18.502 874 S B74 S 974 S 874 S 874 S - 1 6388 IZ,O39 S SZ,O39 S 221039 5 12,039 S 17.039 S - j$ 96,309 Table 2 Tax Increment Revenue Capture Schedule Sakum Novi, Novi Michigan PlanApOMVA Tax Capture asximmiTmbb ttilue{tY tnc eax Rite: 1%w mr .. .Plan Year Base Yea, 1 2 ! 3 4- 'S fi 7 .8 StabGmd ,. TOTAL CalendsrVear 2021 2022 2023 2024 2025 2D26 2027 2028 2029 230 easeTiombl4Value S 281,010 S 22LO10 $ 281=0 $ 281,010 S 29i,010 $ 281A2D- 5 2MO10 $ 2934010- $ 28L010 5 - EstimatedUndTaxabkVafue' ;$_.yB7�yp,:fit%,?fi7:��i;£'.',.`:?�7.i?`�0;5,:,:'`787tinU;�$.;:;:.•J$7.id0.;s$"787.i4,0,�?$,.':��.i,`+40'j5';:?87,Sfi0i5 ' Cmnmerd l frozenvalue ?S-- ?2^${:z 5:' '88,38X`,{-a�;:'�f!$:3.B7 iS' :£8.7&7.<3.$' .:.6Bt787 5' :;,`. „782:5, SBy7$,li $ - EsdmatedCommerdoMehabValue• i.5`-^,::a ,.jtrS"si5�'.Wd :S``'`'10:000;'CCU?; ;II - EsbmazedNewAdVatoremValue Su`• Sdroot Captureinm,vnea al Difference{(Wad-Same)+Frozen+Rehab $ 579317 $ 2PS417 $ 20,575317 $ 1s v4B256 $ 18322,965 $ SSAS A3= $ 18,6MSM $ 18A53,707 S - ltr4NDett 03471 $ m 5 2W 5 200 $ 200 S 2W 5 2W 5 2W 5 2W 5 200 S - 5 11599 School Datz Z00 0 5 L967 5 4.027 $ 4,027 $ 4.M7 S 4.017 $ 4.027 $ 4,017 8 4.027 $ 4,027 S - $ 32215 Oak Caonsv2oo 0490 $ 27 $ 56 5 56 $ 56 $ 56 5 SS S 36 S 56 5 55 $ - $ 444 Oak C.mwArc a2923 S 54 S UO S 210 $ no $ 110 :S =0 $ 110 S 120 S 110 S S SSD Tetat Non taptvrzbk Taws 7.6349 S 2,145 $ 4392 5 4^a92 S 4,352 $ 4392 S 4,S92 $ 4352 S 4,392 S 439Z S - S 35240 SL3384 Total Sase Tax S 14,567 TotulrWnae am Revenue MR)AvlOable forCapwm $ 23,431 $ W349 $ 258215 S 434AS4 $ 438,545 $ 44ZS76 $ 446348 S 451,062 $ - 5 77BA49 TotalT CUmub6ueAWhblsfor6pture S 25,431 $ 85,780 $ 343MS S 778A49 S 111094 S 1,659,669 $ 2206318 $ 2557,580 $ 2,557,5W Abmmtaament $ - 5 42,940 $ 28S,6W $ 501AZE $ $06,944 $ 511.913 S S17,032 S 522.202 $ 2.5BB,Z57 IFoou+otez: 'Estimated tanbk values o niyr advat tanbte value m be determined by CdY Assessor Table 3 Tax Invemem Reverve Relcal,. arartARn4ationTable Sale Novi N04MIcbigan .....:.+vi✓t�.�I111��IiIRbmh'tltSelRdn't�.:`'"�'a:.r`.�'P(LP01'L{'Qk� R311nI8t[d CapmlG State MrA Admini. five Fee$ $ 25,000 -_--- Local - �- 71M State Bmamfietd RedN`dapment Fund 5 149,11M .TOTAL .... ,. Local Brimfield RevoNNng Fund $ 150.000 EG1E S00.0X ONdopv RGlmbms[mem $ 850A00 MS 0.0X TOTAL $ 1,174,083 1 1 3 4 5 2M3 !. 2424 A . . 202S 2025 TOTAL Total State lnvtmental Reeenue $ 13,392 5 48,310 $ 20,176 S 422A16 $ 426.506 5 ?,356,891 State BrowMdd Revolving Fund (50%ofSM $ 2,726 $ SIM $ 3y726 $ 54,439 6 S4,966 $ 140,M Stain TRAvaBxble for Relobutsemcnt 5 111667 3 41A34 $ 214,451 $ 36T,977 S 371,540 5 1,007,718 Tow Loallnnemaml Revenue $ 12A39 5 12A39 $ 12A39 $ 12,039 S 32,039 $ 60A33 BRAAdn,WrtnVvep e S SA00 $ 5,000 $ 5,000 $ 5,000 5 5=0 S 25A00 Local TiRAvaipblefor Reimbursemem $ TAM $ 7,M 5 71039 S 7,M9 $ 7A39 35,143 : ��5yyaa • •: &$npittg DEVELOPER , <- Balance ,Okift .. ,. •.. •,• .. ` ....,....:�.„�5-'°�`,isr`ESd.'�0�'Sc.�_^831T.IF:�`3'c�:78L:i�:�£'�.:3'G0,68i'1'k`a`.::485y6GB:'(a�'�r•.� _—_ _—_____—_--..._--- :.. -------------.moo---- ---------------- ..-.-._..._.S. aASF ll.a, rmeorw cosss $. L�S. -,: - 5. S. -• ..--I'S a $ :-.5 1 Stele 7azRdmbursemeM ( '15 - $ L.W TWW.bursement 5 - 5 - Is IS - 15 $ -i TotathtSFReunbursemertt BaGvxe � 5 .._'I S. -I S. ._ -(5 - -.15. - S f •! .E'ElF_Erni nmmeal Cnar"49.M' S' .. -=489 5' 375Affi I5.- 378573 .. ... StateTuRdmbu=M I _ 5 11.667 I5 42A84 5 214.451 5 367,977 585,66E S 832845 WcalTaxRelmburummt 5 7,03915 7A39 t S TA39, S 7.039 is - S =54 i Total MDEQReimbursemeMBabM 5 . 8312951$ . 742.M I S� -560.6t I $ .18560 t $ - - S 85'DAw I tint O'lIx m S --�5 -I5 - -..•i$ -I5: -I ..i5 -! Local Tax RdmbursemeM Tomltaal Only Reimbursem¢Meahme I S _ -. I }<ugy S {i S$TOS 1 S 67,B28 1 $ . '28.4,317' S. ..66Q,332I S. ,83Q.D00 $ ' BSQOOQ' LOCAL BROWNFIELD REVOLVING FUN 1BPF Deposits 5 - S - 5tateTaxc.mra -15 Ile.= $ Loaf Tax Caoturn 5 -IS -�,J S. -3.5 - S _IS -7,000 45 _I Tote um Capwre ! .. I - 7 . . _ 15 . =,,am 15 ssacna �Fpmn[t[S: [ 1>rop¢rtionaTRy $ndudes issuame of hcaltommetdal Facilities Eapmptwnte�ate l lune2017