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HomeMy WebLinkAboutResolutions - 2009.08.12 - 9701MISCELLANEOUS RESOLUTION #09167 April 12, 2009 BY: PLANNING AND BUILDING COMMITTEE, JOHN SCOTT, CHAIRPERSON IN RE: PLANNING AND ECONOMIC DEVELOPMENT SERVICES' DIVISION RESOLUTION APPROVING PROJECT AREA AND PROJECT DISTRICT AREA (MICHIGAN MOTION PICTURE STUDIOS, LLC PROJECT) - CITY OF PONTIAC To the Oakland County Board of Commissioners Chairperson, Ladies and Gentlemen: WHEREAS there exists in the County of Oakland the need for projects to alleviate and prevent conditions of unemployment, to assist and retain local industrial and commercia -_ enterprises in order to strengthen and revitalize the County's economy and to encourage the location and expansion of such enterprises to provide needed services and facilities Lo the County and its residents; and WHEREAS the Economc Development Corporations Act, Act No. 338 of the Michigan Public Acts of 1974, as amended (the "Act") provides a means for the encouragement of such projects in this County through the County's Economic Development Corporation (the °ED:7"); and WHEREAS the EDC has commenced proceedings under the Act for the benefit of such a project (Michigan Motion Picture Studios, LLC Project) and has designated to this Board of Commissioners a Project Area and Project District Area for its approval. NOW THEREFORE BE :T RESOLVED that the Oakland County Board of Commissioners hereby certifies and approves the Project Area as designated by the EDC. BE IT FURTHER RESOLVED that, it having been determined that the territory surrounding said designated Project Area will not be significantly affected by the Project because the surrounding territory is devoted to commercial/industrial uses, a Project District Area having the same description as and boundaries coterminous with the Project Area herein certified as approved be hereby established. BE IT FURTHER RESOLVED that, it having been determined that there are less than eighteen residents, real property owners. or representatives of establishments located w::thin the Project District Area, a Project Citizens District Council shall not be formed pursuant to Section 20(b) of the Act. BE IT FURTHER RESOLVED that the County Clerk is hereby directed to provide four certified copies of this resolution to the Secretary of the Board of the EDC. Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. PLANNING & BUILDING COMMITTEE VOTE: Motion carried unanimously on a roll call vote with Jacobsen absent. Michigan Motion Picture Studios, LLC City of Pontiac EDC No. 09-01 Company:, Pro iect: Michigan Motion Picture Studios, LLC is a new company that will produce films and television shows. They are proposing to use the Recovery Zone Facilities Bond in order to open a state of the art production studio that will rival the capabilities of any other studio throughout the country. The proposed project consists of an existing 368.400 sq. ft. building once owned by General Motors which is currently vacant. The project will also include 185,359 sq. ft of new construction. The existing facility will be converted into a multiple tenant facility housing, production, education and training functions. The new construction will consist of tilt up pre- cast panels which will house seven sound stages and a mill workshop connected by a canopy which will house mechanical equipment. These single floor sound stages have a clear height of 45 ft. and three of the 30.000 sq ft stages can be converted in to a 90,000 sq ft sound stage through the use of knock out panels. The equipment component for the project consists of lightning and grip for the sound stages. Location: 1999 Centerpoint Pkwy, Pontiac, MI 48341 Project Financing: EDC Bond: $30,000,000 Other Financing: $34.394,114 Equity: $11,401886 $75,800,000 Project Cost: Land $100,000 Buildings (Purchase & Construction) $40,611,065 Buildings (Renovations) $4,300,000 Site Work $3,608,563 Machinery and equipment 520,000.000 Engineering Fees $471,523 Professional! Fees $1,052,469 Financing Fees & Costs $2,026,255 Other Costs $3.630,125 Total Project $75.800,000 Job Impact: Jobs retained Unskilled: 1.172 Service: 360 Professional: 120 Technical: 735 Semi-Skilled: 360 Managerial: 120 Clerical: 480 Skilled: 240 Sales: 13 Owner: Michigan Motion Picture Studios, LLC Prior Approvals: 1. County EDC: Resolution of Inducement (7/21/2009) 2. County EDC: Resolution Recommending Project Area. District Area, & Requesting Appointment of Additional Directors (7/21/2009) 401: 1 inch 200 feel sr c - 11 svo,u,03 Aocrwrinhum,i,,,Aw :gam L1640-ggy.gtz :atioqd garup pioidamm iSF,V4 'me pea& own arnuod po soD.A.las. W4[1060,1.6(7 WOuP IAWalci A1 1000 P661,M0 enqn•aexa Alurin nue mucy UCS.1014d S1.1{1C.I1 " 'F EL F: P. R g gg6h,1:43Z -5 --TA g 1 ..'12:3.:iCID 4 o ' 0 N slue 1.115211b ulaum anqa paJoilueui 993.inos .OiUJrJ au!o1ô C.IDEV) 'EV= grE pesn eq q.spua):m iou si put 40Ai1i [Mtn PrArhina, E ICU SI sq1010.1 3 ',End .101.00 que sneuurt: sthP,.., •sq 'speap pepiwa.1 Lio4 paildwoo. uaaq 41!.4%e.10-1PAPANa 001(1,11/01..,! 014- J 1 139!a LIEE g II LIà tlIWM521,451111ZUNIKIMET3 111 1 I -1 -1 0'1 I I I , _rr-7T:TrIpri( Foie. • j'. H M . MEM ailit At:\ — - _ _L.... /- (---N _ -h -1- 7-- -+ - IIMINiffifiglaint=1111 ---111117MESEI r =ME ;or I. ik 4 Ma,— "Lir van AI MEW ,Page 1 of 1 GENERAL INFORMATION Site Address 1999 CENTERPOINT PKWY PONTIAC.MI 48341- Postal Address> 2100 E MAPLE RD STE 200 BIRMINGHAM,M1,48009- Parcel ID 1903201002 Owners MOTOWN MOTION PICTURES LLC Municipality CITY OF PONTIAC ASSESSMENT INFORMATION Assessed Value 4125150 Taxable Value 4003030 Use INDUSTRIAL IMPROVED School District PONTIAC CITY SCHOOLS Neighborhood Code GMC Date Added 11/3/2008 10:32:44 AM Property Description T2N. R10E. SEC 3 ASSESSORS PLAT NO 110 PART OF LOTS 5.6 & 7, ALSO PART OF EXCEPTED BELTLLNE RAILROAD BEG AT VT DIST S 89-46-13 E 71.08 FT & S 02-36-47 W 67.78 FT FROM N 114 COR, TH E 1227.63 FT, TM S 185.48 FT, TH S 44-50-04 E 2048 FT, TM E 453.06 FT. TH N 74-26-44 E 16.09 FT, TH S 336.65 FT, TH N 89-22-30W 856.31 FY, TM ALG CURVE TO LEFT. RAD 443 FT. CHORD BEARS S 67-36-06 W 346.52 FT, DIST OF 356.03 FT, TH S 44-34-41 W 56.60 FT, TH ALG CURVE TO RIGHT, RAD 350 FT, CHORD BEARS S 69 52- 06 W 287.83 FL DIST OF 296.63 FT, TH N 87-23-13 W 260 FT, TM N 02-36-47 E 783.39 FT TO BEG 10-24-08 FR 001 file://DA0a1Slap\Layouts9Vest.html 7/27/2009 I MY APPROVE Tif FOREGOING RESOLUTIR1 7-/ Resolution #09167 August 12, 2009 Moved by Middleton supported by Schwartz the resolutions (with fiscal notes attached) on the amended Consent Agenda be adopted (with accompanying reperts being accepted). AYES: Burns, Coleman, Coulter, Douglas, Gershenson, Gingell, Gosselin, Greimel, Hatchett, Jackson, Jacobsen, McGillivray, Middleton, Nash, Potter, Potts, Runestad, Schwartz, Scott, Taub, Woodward, Zack, Bullard. (23) NAYS: None. (0) A sufficient majority having voted in favor, the resolutions (with fiscal notes attached) on the amended Consent Agenda were adopted (with accompanying reports being accepted). STATE OF MICHIGAN) COUNTY OF OAKLAND) Ruth Johnson, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on August 12, 2009, 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 12th day of August, 2009. Gat Ruth Johnson, County Clerk