HomeMy WebLinkAboutMinutes - 47th - November 15, 1982 signedHq
MINUTES 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 5:07 p.m., November 15,
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. Peter Ventura
Mr. Angelo Plakas
Directors Absent:
Others Present:
Mr. Robert Jankowski
Mr. Stanley Telman
Mr. John Hart (Borregard)
Mr. Donald Leidal.(Borregard)
Mr. Ross Borregard, Borregard Project
Mr. Daniel J. Gilmartin, Exec. Director
Ms. Marie E. King, Recording Secretary
On a motion by Mr. Helmkamp, supported by Mrs. Kavanaugh, it was
#82-280 RESOLVED, that the minutes of the Special Meeting of
November 8, 1982, of the Economic Development Corporation of
Livonia be approved with the correction that Mr. Plakas arrived
late for the meeting but was present.
A roll call vote was taken on the foregoing motion with the following results:
AYES: Hale, Hand, Helmkamp, Kavanaugh, Mardiros, Ventura
NAYS: None
ABSTENTIONS : Plakas
The Chairman declared the resolution adopted.
The Chairman explained that the Special Meeting was called for the
consideration of the Project Plan for the Borregard Project. The building has
been completed, and is being occupied by the Tandem Corporation. The building
is located at the northeast corner of Schoolcraft and Brookfield.
Mr. Plakas questioned whether the EDC was permitted to consider the project
plan after the building was already completed. Mr. Ventura replied that the
inducement resolution was issued June 11, 1981, prior to the commencement of
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construction, and that is all that is necessary to comply with the Act. The
Borregard Project was unable to obtain financing at that time, but have now
found a bank in -Illinois willing to purchase the bonds.
On a motion by Mr. Hand, Supported by Mr. Plakas, it was
#i82-231 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 outlined
in the project plan are feasible and this Corporation has the ability
to arrange or cause to be arranged, the financing.
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 a submitted is reasonable and necessary to carry
out the purposes of the Act.
6. Based upon the information submitted and obtained, the project
plan as submitted and the project to which it relates serves to alleviate
and prevent conditions of unenployment and strengthen and revitalize the
City's economy and, therefore, constitutes a vital and necessary public
purpose.
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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
employment of more than 20 full -.time persons from another Michigan
municipality to the City.
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 with the following results:
AYES: Hale, Hand, Helmkamp, Kavanaugh, Mardiros, Plakas, Ventura
NAYS: None
The Chairman declared the resolution adopted.
On a motion by Mr. Hand, supported by Mr. Hale, and unanimously
approved, it was
1182-282 RESOLVED, that the Special Meeting of November 15, 1982, of
the Economic Development Corporation of the City of Livonia be
adjourned at 5:15 p.m.
Respectfully submitted,
A
Frank Hand, Secretar
FH/mk