Meeting Agenda

Brownfield Redevelopment Authority

Wednesday, November 19, 2014,8:30a.m.

Owosso City Council Chambers,301W Main St.,

Owosso, MI

Call to order and roll call:

Review and approval of agenda: November 19, 2014

Review and approval of minutes:November 7, 2013

Communications:

1)Resolutions (Reference)

2)Staff memorandum (Reference)

3)Regular meeting minutes of November 7, 2013 (Resolution)

4)Revised Armory brownfield plan #1

5)Plan change summary and notices

Public Comments:

Public Hearings: Owosso Brownfield Redevelopment District # 15, Armory Building, 201 & 215 N. Water St.

Items of Business:

1)Selection of a chairperson

2)Selection of a vice-chairperson

3)Selection of a secretary/treasurer

4)Armory amendment #1

Public Comments:

Board Comments:

Adjournment:

[The City of Owosso will provide necessary reasonable auxiliary aids and services, such as signers for the hearing impaired and audiotapes of printed materials being considered at the meeting, to individuals with disabilities at the meeting/hearing upon 72 hours notice to the City of Owosso. Individuals with disabilities requiring auxiliary aids on services should contact the City of Owosso by writing or calling Amy Kirkland, City Clerk, 301 W. Main St, Owosso, MI 48867 (989) 725-0500 or on the Internet. The City of Owosso Website address is

Affirmative Resolutions

Brownfield Redevelopment Authority

Wednesday, November 19, 2014, 8:30a.m.

Owosso City Council Chambers, 301 W Main St.,

Owosso, MI

Resolution 131119-01

Motion:______

Support:______

The Owosso Brownfield Redevelopment Authority hereby approves the agenda of November 19, 2014 as presented.

Ayes:______

Nays:______

Approved:___Denied:___

Resolution 141119-02

Motion:______

Support:______

The Owosso Brownfield Redevelopment Authority hereby approves the minutes of November 7, 2013as presented.

Ayes:______

Nays:______

Approved:___Denied:___

Resolution 141119-03

Motion:______

Support:______

The Owosso Brownfield Redevelopment Authority hereby elects board member ______to serve as the chairperson of the authorityfor a term that shall extend through to the July 2015 annual meeting.

Ayes:______

Nays:______

Approved:___Denied:___

Resolution 141119-04

Motion:______

Support:______

The Owosso Brownfield Redevelopment Authority hereby elects board member ______to serve as the vice-chairperson of the authorityfor a term that shall through to the July 2015 annual meeting.

Ayes:______

Nays:______

Approved:___Denied:___

Resolution 141119-05

Motion:______

Support:______

The Owosso Brownfield Redevelopment Authority hereby elects board member ______to serve as the recording secretary/treasurer of the authorityfor a term that shall extend through to the July 2015 annual meeting.

Ayes:______

Nays:______

Approved:___Denied:___

Resolution 141119-06

Motion:______

Support:______

WHEREAS, the Brownfield Redevelopment Authority (the “Authority”) of the City of Owosso, 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”), has prepared and recommended for approval by the Authority a Brownfield Plan Amendment entitled “District #15, Armory Project” (the “Plan”), pursuant to and in accordance with Section 13 of the Act; and

WHEREAS, the Authority has, at least ten (10) days but not more than forty (40) days before the meeting of the Authority at which this resolution has been considered, provided notice to and fully informed all taxing jurisdictions which are affected by the Financing Plan (the “Taxing Jurisdictions”) about the fiscal and economic implications of the proposed Financing Plan, and the Authority has previously provided to the Taxing Jurisdictions a reasonable opportunity to express their views and recommendations regarding the Financing Plan and in accordance with Sections 13 (10) and 14 (1) of the Act; and

WHEREAS, the Authority has made the following determinations and findings:

  1. The Plan constitutes a public purpose under the Act;
  1. The Plan meets all of the requirements for a Brownfield Plan set forth in Section 13 of the Act;
  1. The proposed method of financing the costs of the eligible activities, as described in the Plan is feasible and the Authority has the ability to arrange the financing;
  1. The costs of the eligible activities proposed in the Plan are reasonable and necessary to carry out the purposes of the Act;
  1. The amount of captured taxable value estimated to result from the adoption of the Plan is reasonable; and
  1. The square footage of the building is 30,000 square feet
  1. Line item cost details are eligible expenses that serve a public good.
  1. Local redevelopment area details are accurate.

WHEREAS, as a result of its review of the Plan and upon consideration of their views and recommendations of the Taxing Jurisdictions, the Authority desires to proceed with approval of the Amended Plan #1and to forward the Plan to the City Council of the City of Owosso for adoption.

NOW THEREFORE, BE IT RESOLVED THAT:

  1. Plan Approved. Pursuant to the authority vested in the Authority by the Act, and pursuant to and in accordance with the provisions of Section 14 of the Act, the Amended Plan is hereby approved in the form considered by the Authority on November 19, 2014, and maintained on file in the office of the City Clerk.
  1. Severability. Should any section, clause or phrase of this Resolution be declared by the Courts to be invalid, the same shall not affect the validity of this Resolution as a whole nor any part thereof other than the part so declared to be invalid.
  1. Repeals. All resolutions or parts of resolutions in conflict with any of the provisions of this Resolution are hereby repealed.

Resolution 141119-07

Motion:______

Support:______

The Owosso Brownfield Redevelopment Authority hereby adjourns the November 19, 2014 meeting, effective at ______am.

Ayes:______

Nays:______

Approved:___Denied:___