HomeMy WebLinkAboutMinutes - 46th - November 8, 1982 signedMINUTES OF A SPECIAL MEETING OF THE ECONOMIC DEVELOPMENT CORPORATION
OF LIVONIA
A Special Meeting of the Economic Development Corporation of Livonia was called
to order by the Chairman, Peter Ventura, at approximately 5:06 p.m., November 8,
1982, in the Council Chambers of the City Hall, 33000 Civic Center Drive, Livonia,
Michigan. The Secretary called the roll:
Directors Present: Mr. Kenneth Hale
Mr. Frank Hand
Mr. Alan Helmkamp
Ms. Helen Kavanaugh
Mr. Ron Mardiros
Mr. Stanley Telman
Mr. Peter Ventura
Ms. Betty Jean Awrey, Gillow Project
Mr. Angelo Plakas(arrived 5:10)
Directors Absent: Mr. Robert Jankowski
Mr. Leo Burton (excused)
Others Present:
Dennis Neiman, Miller, Canfield,
Paddock & Stone
Tom Martin, Attorney for Gillow
Daniel J. Gilmartin, Executive Director
Marie E. King, Recording Secretary
0n a motion by Mr. Helmkamp, supported by Mr. Mardiros, it was
#82-274 RESOLVED, that the minutes of the Regular Meeting of August
12, 1982, of the Economic Development Corporation of Livonia be
approved as submitted.
A roll call vote was taken on the foregoing motion with the following results:
AYES: Hale, Hand, Helmkamp, Kavanaugh, Mardiros, Telman, Ventura
NAYS: None
The Chairman declared the resolution adopted.
The Chairman explained that the Special Meeting was called for the
consideration of the approval of the Project Plan for the Gillow Project. He
asked Mr. Dennis Neiman to explain the reason for the urgency of this meeting.
Mr. Neiman explained that in August a tax bill enacted by Congress imposes some
restrictions on the issuance of tax exempt bonds for automobile sales and/or
service facilities. Specifically, any bonds issued after December 31, 1982, will not
have their interest exempt from taxation if more than 257. of the proceeds of the
issue are used for automobile sales and/or service facilities. The Gillow Project
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does fall into this category. Therefore, we have a severe time restraint and
thus the reason for tonight's Special Meeting.
0n a motion by Mr. Mardiros, supported by Mr. Hale, it was
#82-278 WHEREAS, there exists in the City of Livonia, County of Wayne,
Michigan (the "City") the need for certain programs to alleviate and
prevent conditions of unemployment and to assist and retain local
industrial and commercial enterprises and to encourage and assist the
location of industrial and commercial enterprises in order to strengthen
and revitalize the City's economy; and
WHEREAS, a program to alleviate the aforesaid conditions has been
initiated by the Corporation; and
WHEREAS, the Corporation in conformity with Act No. 338, Public
Acts of Michigan, 1974, as amended (Act No. 338), has prepared a project
plan, providing all information and requirements necessary for a project;
NOW, THEREFORE, BE IT RESOLVED:
1. The project plan, as attached hereto and made a part hereof,
meets those requirements set forth in Section 8(4) of Act No. 338 and is
hereby approved and adopted.
2. The persons who will be active in the management of the
project for not less than one year after approval of the project plan
have sufficient ability and experience to manage the project properly.
3. The proposed methods of financing the project as
in the project plan are feasible and this Corporation has the
to arrange or cause to be arranged, the financing.
outlined
ability
4. The project plan contains a statement by a person described
in Section 8(4)(j) of Act No. 338 indicating the payment to all persons
performing work on the construction project of the prevailing wage and
fringe benefit rates for the same or similar work in the locality in
which the work is performed and the Corporation hereby conclusively relies
thereupon.
5. The project as submitted is reasonable and necessary to carry
out the purposes of the Act.
6. Based upon the information submitted and
plan as submitted and the project to which it relates
and prevent conditions of unemployment and strengthen
City's economy and, therefore, constitutes a vital and
purpose.
obtained, the project
serves to alleviate
and revitalize the
necessary public
7. The Board hereby certifies to the legislative body of the
City that upon advice of the project's applicant and upon this Board's
investigation the project will not have the effect of transferring em-
ployment of more than 20 full-time persons from another Michigan munici-
pality to the City.
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8. The Secretary of this Board (the "Secretary") be and is
hereby authorized to convey this resolution and the project plan to the
legislative body of the City for its review.
9. All resolutions and parts of resolutions insofar as they
conflict with the provisions of this resolution be and the same hereby
are rescinded.
A roll call vote was taken on the foregoing motion withthe following results:
AYES: Hale, Helmkamp, Hand, Kavanaugh, Mardiros, Telman, Awrey, Ventura
NAYS: None
The Chairman declared the resolution adopted.
Mr. Tom Martin, attorney for the Gillow Project, thanked the directors for
scheduling this special meeting and giving this project their consideration.
0n a motion by Mr. Hale, supported by Mr. Telman, and unanimously
approved, it was
#82-279 RESOLVED, the the Special Meeting of November 8, 1982, of
the Economic ā¢evelopment Corporation of the City of Livonia be
adjourned at 5:10 p.m.
Respectfully submitted,
Frank Hand, Secretary
FH/mk