Title
Resolution Establishing Ann Arbor Industrial Development District 2009-010 for 3775 Varsity Drive
Memorandum
Attached please find for Council action the necessary resolution to establish an industrial development district as requested by Varsity Real Estate LLC on November 6, 2008.
State law requires that an industrial development district may be established after a public hearing by the local governing body. Establishment of an industrial development district is required prior to receipt of any official application for an industrial facilities exemption certificate within the industrial development district.
The property owner has requested the City establish an abatement district so that an application may be filed for consideration. Approval of this resolution would establish the district and permit the tenant to file an application for Council consideration.
Staff
Prepared by: David Petrak, City Assessor
Reviewed by: Tom Crawford, Chief Financial Officer
Body
Whereas, Pursuant to Public Act 198 of 1974, as amended, the City Council has the authority to establish “Industrial Development Districts” within the City of Ann Arbor;
Whereas, City Council desired to establish an Industrial Development District on property owned by Varsity Real Estate LLC and located in the City of Ann Arbor hereinafter described;
Whereas, Written notice has been given by mail to all owners of real property located within the district, and to the public on December 21, 2008, by newspaper advertisement in the Ann Arbor News and public posting of the hearing on the establishment of the proposed district;
Whereas, On January 5, 2009, a public hearing was held at which all the owners of real property within the proposed Industrial Development District and all residents and taxpayers of the City of Ann Arbor were afforded an opportunity to be heard thereon; and
Whereas, City Council deems it to be in the public interest of the City of Ann Arbor to establish the Indu...
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