Board of Commissioners

BOARD OF COMMISSIONERS

1 S. Main St., 9th Floor Mount Clemens, Michigan 48043 586.469.5125 ~ Fax: 586.469.5993 www.macombBOC.com

NOTICE OF MEETING

There will be a meeting of the BOARD OF COMMISSIONERS on Thursday, December 19, 2013, at 7 p.m., on the 9th Floor of the County Administration Building, in the Commissioners’ Board Room, Mount Clemens.

(Invocation this month is by Commissioner Joe Sabatini)

PRELIMINARY AGENDA

1. Public Hearing on City of Roseville Brownfield Plan (Macomb Mall) (attached) (a copy of the Work Plan is attached) (page 1)

2. Presentation of Proclamation to Donald Morandini

3. Presentation from Utica Center for Science & Industry Re: School and Programs

4. Correspondence from Executive

5. Ratification of Collective Bargaining Agreements for 1-1-14 to 12-31-16 (page 21) (attached)

6. COMMITTEE REPORTS:

a) Economic Development, December 11 (page 25) (attached) b) Health & Human Services, December 16 (to be provided) c) Infrastructure, December 17 (to be provided) d) Finance, December 18 (to be provided) e) Audit, December 19 (to be provided)

7. Board Chair’s Report (to be provided)

MACOMB COUNTY BOARD OF COMMISSIONERS

David J. Flynn – Board Chair Kathy Tocco – Vice Chair Mike Boyle – Sergeant-At-Arms District 4 District 11 District 10

Toni Moceri – District 1 Marvin Sauger – District 2 Veronica Klinefelt – District 3 Robert Mijac - District 5 James Carabelli – District 6 Don Brown – District 7 Kathy Vosburg – District 8 Fred Miller – District 9 Bob Smith – District 12 Joe Sabatini – District 13

BOARD OF COMMISSIONERS PRELIMINARY AGENDA DECEMBER 12, 2013 PAGE 2

8. Adoption of Resolutions:

a) Supporting the Establishment of a Green Economic Development Council (attached) for Southeast Michigan and for Macomb County to be Represented in this Council (offered by Moceri and Vosburg; recommended by Government Operations Committee on 12-9-13) (page

Corinne Bedard Committee Reporter

MACOMB COUNTY BROWNFIELD REDEVELOPMENT AUTHORITY BROWNFIELD PLAN FOR MACOMB MALL PROPERTY

Prepared by:

Warner Norcross & Judd LLP 900 Fifth Third Center 111 Lyon Street NW Grand Rapids, Michigan 49503 Contact: Jared T. Belka Phone: 616-752-2447

Last Revision Date: November 4, 2013

MACOMB COUNTY BROWNFIELD REDEVELOPMENT AUTHORITY BROWNFIELD PLAN – MACOMB MALL REDEVELOPMENT PROJECT

TABLE OF CONTENTS

PROJECT SUMMARY 2

I. INTRODUCTION I-3

II. GENERAL PROVISIONS

A. Description of Eligible Property and the Project II-4

B. Basis of Eligibility II-4

C. Summary of Eligible Activities and Description of Costs II-4

D. Estimate of Captured Taxable Value and Tax II-6 Increment Revenues; Impact of Tax Increment Financing on Taxing Jurisdictions

E. Plan of Financing; Maximum Amount II-6 Of Indebtedness

F. Duration of Plan II-6

G. Effective Date of Inclusion in Brownfield Plan II-7

H. Displacement/Relocation of Individuals II-7 On Eligible Property

I. Local Site Remediation Revolving Fund (LSRRF) II-7

J. Other Material that the Authority or Governing Body II-7 Considers Pertinent

III. ATTACHMENTS

A. Site Maps A

B. Legal Description and Functionally Obsolete Designation B

C. Table 1 – Tax Increment Financing Table C

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PROJECT SUMMARY

Project Name: Macomb Mall Redevelopment

Project Location: The property is located at 32233 and 32455 Gratiot, Roseville, Michigan 48066. The current parcel ID numbers (includes property subject to pending split on 32233 Gratiot) is: 14-04-251-005 and 14-04-251-006. Type of Eligible Property: Functionally Obsolete and adjacent

Eligible Activities: Baseline Environmental Assessment Activities, Demolition (site and building), Asbestos Abatement, Brownfield Plan and Work Plan Preparation and Development

Reimbursable Costs: $2.47 million, plus interest at 4.5% (capped at $$1.3 million)

Estimated Years to Complete Payback: 20 years

Estimated Private Capital Investment: $8.4 million

Project Overview: The overall project includes the redevelopment and rehabilitation of the existing Macomb Mall property. Due to the size and scope of the project, the redevelopment will be completed in phases. Initially, phase one of the project includes demolition of the existing 126,000 square foot former Crowley’s Department Store building and associated site improvements. Following demolition, a new 50,000 to 55,000 square foot building will be constructed to house a new national retailer. Phase two will be undertaken in 2014 to 2015 and includes the following activities: - demolition of the cinema building - demolition and rebuilding of four major entryways - demolition and rehabilitation of all common areas - removal and installation of new common area ceilings, lights and bathrooms - construction of approximately 75k-100k sf of new tenant space - milling and capping of surface parking - installation of islands and pedestrian walkways - removal of existing light poles and installation of new lighting

Demolition for phase one is expected to commence late 2013 with vertical construction of the new building commencing in early 2014. Phase two will commence in 2014 with work continuing through 2015.

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I. INTRODUCTION Macomb County (the “County”) established the Macomb County Brownfield Redevelopment Authority (the “Authority”), by adoption of a resolution pursuant to the Brownfield Redevelopment Financing Act, Michigan Public Act 381 of 1996, as amended (“Act 381”). The Michigan Department of State, Office of the Great Seal, acknowledged receipt and filing of the resolution. The County Commission established the Authority Board and appointed its members. Act 381 authorizes the Authority to undertake all activities allowed by law. The primary purpose of Act 381 is to encourage the redevelopment of contaminated, functionally obsolete, or blighted property by providing economic incentives through tax increment financing for eligible activities.

The primary purpose of this Brownfield Plan (“Plan”) is to promote the redevelopment of and investment in certain “brownfield” properties within the County. Inclusion of property within this Plan will facilitate financing of eligible activities at eligible properties, and will also provide tax incentives to eligible taxpayers willing to invest in revitalization of eligible sites, commonly referred to as “brownfields.” By facilitating redevelopment of brownfield properties, this Plan is intended to promote economic growth for the benefit of the residents of the County and all taxing units located within and benefited by the Authority.

The identification or designation of a developer or proposed use for the eligible property that is the subject of this Plan shall not be integral to the effectiveness or validity of this Plan. This Plan is intended to apply to the eligible property identified in this Plan and, if tax increment revenues are proposed to be captured from that eligible property, to identify and authorize the eligible activities to be funded by such tax increment revenues. Any change in the proposed developer or proposed use of the eligible property shall not necessitate an amendment to this Plan, affect the application of this Plan to the eligible property, or impair the rights available to the Authority under this Plan.

This Plan may be modified or amended in accordance with the requirements of Act 381, as necessary to achieve the purposes of Act 381. The applicable sections of Act 381 are noted throughout the Plan for reference purposes.

This Plan contains information required by Section 13(1) of Act 381.

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II. GENERAL PROVISIONS

A. Description of the Eligible Property (Section 13 (1)(h)) and the Project The eligible property is located at 32233 and 32455 Gratiot in the City of Roseville and currently consists of 2 parcels (one lot split pending on 32233). The current parcel ID numbers are: 14-04-251-005 and 14-04-251-006. Site maps are included in Attachment A. The 32233 Gratiot parcel meets the definition of functionally obsolete as declared by the City of Roseville Assessor. The 32455 parcel is adjacent to the eligible parcel. The legal description and Assessor’s opinion are included in Attachment B.

The Macomb Mall Redevelopment project includes the redevelopment and rehabilitation of the existing Macomb Mall property. Due to the size and scope of the project, the redevelopment will be completed in phases. Initially, phase one of the project includes demolition of the existing 126,000 square foot former Crowley’s Department Store building and associated site improvements. Following demolition, a new 50,000 to 55,000 square foot building will be constructed to house a new national retailer.

Phase two of the redevelopment will be undertaken in 2014 to 2015 and includes the following activities: - demolition of the cinema building - demolition and rebuilding of four major entryways - demolition and rehabilitation of all common areas - removal and installation of new common area ceilings, lights and bathrooms - construction of approximately 75k-100k sf of new tenant space - milling and capping of surface parking - installation of islands and pedestrian walkways - removal of existing light poles and installation of new lighting

The total private investment in the project is estimated to be approximately $8.4 million. The “eligible property” will include all new personal property to be located on the real property. The parcels and all new personal property located thereon will comprise the eligible property and is referred to herein as the “Property.”

B. Basis of Eligibility (Section 13 (1)(h) and Section 2 (m)) The Property is considered “eligible property” as defined by Act 381, Section 2 because: (a) the Property was previously utilized for a commercial purpose; (b) it is located within the City of Roseville, a non-qualified local governmental unit pursuant to Act 381; (c) the Property has been declared functionally obsolete by a Level 3 Assessor as authorized under Act 381 (see Attachment B for the Assessor’s opinion); and (d) the eligible activities included in the brownfield plan include demolition and lead or asbestos abatement.

C. Summary of Eligible Activities and Description of Costs (Section 13 (1)(a),(b)) The “eligible activities” that are intended to be carried out at the Property are considered “eligible activities” as defined by Sec 2 of Act 381, as amended, because they include demolition, asbestos abatement, and preparation of brownfield/work plans, plus interest at 4.5% (capped at $1.3 million).

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A summary of the eligible activities and the estimated cost of each eligible activity intended to be paid for with Tax Increment Revenues from the Property are shown in the table below.

Description of Eligible Activities Estimated Cost 1. Baseline Environmental Assessment Activities $10,000 2. Demolition $1,750,000 3. Asbestos Abatement $370,000 Subtotal $2,130,000 4. Contingency (15%) $319,500 5. Brownfield Plan/Work Plan Preparation and $20,000 Development 6. Interest at 4.5% (capped) $1,300,000 TOTAL $3,769,500

The cost of eligible activities is estimated in the table above and include the following:

1. Baseline Environmental Assessment Activities. Baseline environmental assessment activities may be required for one or more of the eligible properties as part of the due diligence process for redevelopment.

2. Demolition. Demolition includes removal of existing buildings and site improvements in preparation for new construction of buildings and site improvements.

3. Asbestos Abatement. Abatement includes the cost to properly assess, remove and dispose of all asbestos containing materials encountered during the demolition process.

4. Contingency. A 15% contingency is included to address unknown conditions that may be encountered during the project.

5. Brownfield/Work Plans Preparation and Development. Costs incurred to prepare and develop this brownfield plan and proposed work plan, as required per Act 381 of 1996, as amended.

6. Interest. Interest is included to address the true cost of conducting the eligible activities. Interest is to be calculated at 4.5% and capped at $1.3 million.

Phase one demolition of the former Crowley’s building is expected to be completed in late 2013 and site demolition will continue in early 2014. Phase one construction will commence in spring 2014 and likely be completed by 2015. Phase two will commence in 2014 and continue through 2015.

5 7

The eligible activities listed in the table above are estimated costs and may increase or decrease depending on project details discovered during the course of construction. The total principal cost of eligible activities approved in this Plan may exceed the estimated cost of $2,469,500 by up to 10% without requiring an amendment to this Plan.

D. Estimate of Captured Taxable Value and Tax Increment Revenues (Section 13(1)(c)); Impact of Tax Increment Financing on Taxing Jurisdictions (Section 13(1)(g)) This Plan anticipates the capture of tax increment revenues to reimburse the Developer for the costs of eligible activities under this Plan. A table of estimated tax increment revenues to be captured and summary of impact of the taxing jurisdictions is attached to this Plan as Attachment C.

Based on current projections, the total estimated cost of the eligible activities, plus interest (capped), to be reimbursed/paid through the capture of tax increment revenue is $3,769,500. The Developer plans to invest approximately $8.4 million in real property improvements on the Property. The effective initial taxable value for this Plan is the next assessment roll following the date of the resolution approving the Plan (i.e. 2014 taxable value). Redevelopment of the Property is expected to initially generate incremental taxable value in 2015 with the first significant estimated increase in taxable value of approximately $2 million. Additional anticipated redevelopment will generate increased increment over the following years.

It is estimated that the Authority will capture the 2015 through 2034 tax increment revenues to reimburse the cost of the eligible activities.

The captured incremental taxable value and associated tax increment revenue will be based on the actual increased taxable value from all taxable improvements on the Property and the actual millage rates levied by the various taxing jurisdictions during each year of the Plan. Projected tax increments are shown on Attachment C.

E. Plan of Financing (Section 13(1)(d)); Maximum Amount of Indebtedness (Section 13(1)(e)) All funds under this Plan will initially be advanced and financed by the Developer. However, the identified “Developer” in the Brownfield Plan may change. The Authority will reimburse the Developer for the cost of approved eligible activities, plus interest, but only from tax increment revenues generated from the Property. No bonds will be issued for the project.

F. Duration of Plan (Section 13(1)(f)) The estimated duration of the brownfield plan for this project is 20 years. It is estimated that initial redevelopment of the Property will be completed by 2015 and that it could take up to 20 years to recapture eligible costs through tax increment revenues. Therefore, the first year of tax increment capture will be 2015 and the Plan will remain in place until all investment is completed and all eligible activities are reimbursed, but in no event will the Plan exceed the maximum duration provided for in (MCL 125.2663(22).

6 8

G. Effective Date of Inclusion in Brownfield Plan The Property became a part of this Plan on the date the Plan was originally approved by the County Commission for Macomb County.

H. Displacement/Relocation of Individuals on Eligible Property (Section 13(1)(i-l)) There are no persons residing on the eligible property and no occupied residences will be acquired or cleared. Therefore, there will be no displacement or relocation of persons or businesses under this Plan.

I. Local Site Remediation Revolving Fund (“LSRRF”) (Section 8; Section 13(1)(m)) The BRA may fund its LSRRF, to the extent funds are available, following completion of reimbursement of the eligible activities identified herein for the Developer. The LSRRF will not be used for this Project.

J. Other Material that the Authority or Governing Body Considers Pertinent (Section 13(1)(n) The Project will replace a currently vacant building with a newly constructed retail facility and bring a national retailer to the site. The Project will generate new investment in the City and County and bring new retail opportunities and jobs to a site that has several vacancies.

9473199

7 9

III. ATTACHMENTS

ATTACHMENT A

Site Maps

ATTACHMENT A-1

Site Map

12 13

ATTACHMENT B

Legal Description of Eligible Property to which the Plan Applies and Assessor’s Affidavit

LEGAL DESCRIPTION

Address: 32233 Gratiot

Tax ID: 14-04-251-005

Description: T1N,R13E,SEC 4, GRATIOT MASONIC PARK SUB (L7,P97) PT LOTS 22,23,24,25, ALL OF LOTS 26 THRU 31 OF BLK D; LOTS 1 THRU 5 OF BLK E; LOTS 21 THRU 40 OF BLK I; LOTS 1 THRU 20 OF BLK J; LOTS 21 THRU 40 OF BLK N; LOTS 1 THRU 20 OF BLK O; ALSO VAC STS & ALLEYS ADJ IN SD SUB, DESC AS; BEG AT A PT, DIST N01*03'14"E 394.43 FT ALG N &S LINE OF SD SEC; TH S88*42'35"E 30.50 FT FROM CEN POST SEC 4; TH N01*03'14"E 953.0 FT TO A PT ON S LINE OF SUB; TH N00*40'06"E 283.5 FT; S88*47'28"E 1930.09 FT; TH S01*08'23"W 107.76 FT; TH S88*45'07"E 61.90 FT; TH S61*17'27"E 76.90 FT; TH ALG A CURVE TO THE LEFT, 30.97 RAD OF 34.91 FT, CHD BRS S S87*00'24"E 29.97 TO WLY LINE OF SD SUB; TH S28*42'33"W 59.20 FT; TH N61*17'27"W 117.87 FT; TH N89*02'30"W 97.84 FT; TH S01*08'55"W 143.41 FT; TH N88*42'35"W 139.98 FT; TH S01*38'46"W 230.10 FT; TH S88*42'35"E 172.04 FT; TH N83*49'14"E 6.04 FT TO WLY LINE OF GRATIOT, TH ALG SD LINE S28*42'33"W 65.99 FT; TH 52.80 FT ALG CURVE TO LEFT, RAD = 54.80 FT, CHD BRS N60*41'38"W 50.78 TH N88*42'35"W 146.40 FT; TH S28*25'27"W 303.31 FT; TH S88*42'35"E 201.90 FT; TO WLY LINE OF SD SUB, TH ALG WLY LINE S28*42'33"W 127.33 FT; TH N88*42'35"W 789.55 FT; TH S01*17'25"W 13.00 FT; TH N88*42'35"W 2.74 FT; TH S01*17'40"W 9.27 FT; TH N88*42'20"W 27.67 FT; TH S01*17'40"W 0.42 FT: TH N88*42'20"W 30.0 FT; TH N01*17'40"E 0.42 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 0.42 FT: TH N88*42'20"W 23.33 FT: TH N01*17'40"E 0.42 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 0.42 FT: TH N88*42'20"W 25.33 FT: TH N01*17'40"E 0.42 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 0.42 FT: TH N88*42'20"W 23.33 FT: TH N01*17'40"E 0.42 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 0.42 FT: TH N88*42'20"W 23.33 FT: TH N01*17'40"E 0.42 FT: TH N88*42'20"W 14.33 FT: TH S01*17'40"W 0.42 FT: TH N88*42'20"W 11.67 FT: TH N01*17'40"E 0.42 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 0.42 FT: TH N88*42'20"W 11.67 FT: TH N01*17'40"E 0.42 FT: TH N88*42'20"W 14.33 FT: TH S01*17'40"W 0.42 FT: TH N88*42'20"W 23.38 FT: TH N01*17'40"E 0.42 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 0.42 FT: TH N88*42'20"W 23.38 FT: TH N01*17'40"E 2.0 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 2.0 FT: TH N88*42'20"W 23.33 FT: TH N01*17'40"E 2.0 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 2.0 FT: TH N88*42' 20"W 23.33 FT: TH N01*17'40"E 2.0 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 8.67 FT: TH N88*42'20"W 23.33 FT: TH N01*17'40"E 2.0 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 2.0 FT: TH N88*42'20"W 23.33 FT: TH N01*17'40"E 2.0 FT: TH N88* 42'20"W 2.67 FT: TH S01*17'40"W 2.0 FT: TH N88*42'20"W 23.33 FT: TH N01*17'40"E 2.0 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 2.0 FT: TH N88*42' 20"W 23.33 FT: TH N01*17'40"E 2.0 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 2.0 FT: TH N88*42'20"W 23.23 FT: TH N01*17'40"E 2.0 FT: TH N88*42'20"W 2.67 FT: TH S01*17'40"W 4.29 FT: TH S88*42'20"E 0.42 FT: TH S01*17'40"W 23.33 FT: TH N88*42'20"W 0.42 FT: TH S01*17'40"W 2.67 FT: TH S88*42'20"E 0.42 FT: TH S01*17'40"W 23.33 FT: TH N88*42'20"W 0.42 FT: TH S01*17'40"W 2.67 FT: TH S88*42'20"E 0.42 FT: TH S01*17'40"W 23.35 FT: TH N88*42'20"W 0.42 FT: TH S01*17'40"W 2.67 FT: TH S88*42'20"E 0.42 FT: TH S01*17'40"W 23.33 FT: TH N88*42'20"W 0.42 FT: TH S01*17'40"W 2.67 FT: TH S88*42'20"E 0.42 FT: TH S01*17'40"W 23.33 FT: TH N88*42'20"W 0.42 FT: TH S01*17'40"W 65.67 FT: TH N88*42'20"W 14.90 FT: TH S01*17'25"W 81.36 FT: TH N88*42'35"W 414.50 FT TO POB: 44.1043 AC.

Address: 32455 Gratiot

Tax ID: 14-04-251-006

Description: A PCL OF LAND LOCATED IN AND BEING PART OF THE NE 1/4 OF SEC 4, T1N, R13E, CITY OF ROSEVILLE, MACOMB COUNTY, MI. BEING DESCRIBED AS BEGINNING AT A POINT BEING A DIST N01*03'14"E 1347.43 FT ALONG THE N & S 1/4 LINE OF SAID SEC 4 TO THE SWC OF SAID "GRATIOT MASONIC PARK" SUB & TH ALG THE W LINE OF SAID SUB N00*40'06"E 283.50 FT; TH S88*47'28"E 2060.59 FT; TH S61*17'27"E 10.00 FT; TH N28*42'33"E 70.65 FT; TH S61*17'27"E 110.00 FT TO WLY LINE OF GRATIOT AVE. AS PLATTED & TH ALG SAID WLY LINE S28*42"33"W 331.05 FT FROM CENTER OF SAID SEC 4; TH S28*42'33"W 258.33 FT; TH S83*49'14"W 6.04 FT; TH N88*42'35"W 172.04 FT; TH N01*38'46"E 230.10 FT; TH S88*42'35"E 295.56 FT TO POINT OF BEGINNING, CONTAINING 1.25 ACRES, +/-

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ATTACHMENT C

Table 1 - TIF Table

1:57 PM11/4/2013 Macomb Mall Partners, LLC Redevelopment Project TIF Schedule 16

Real Property Tax Capture Commercial Rehab Act Abatement Period 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Base TV - Parcel 1 (2014) $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 $6,999,375 Base TV - Parcel 2 (2014) $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 $320,928 Base TV - Parcel 3 (2014) $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 $320,601 TOTAL $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 $7,640,904 Parcel 1 TV after Improvement in 2014/2015 (1) $6,999,375 $7,394,366 $7,505,281 $7,617,860 $7,732,128 $7,848,110 $7,965,832 $8,085,319 $8,206,599 $8,329,698 $8,454,643 $8,581,463 $8,710,185 $8,840,838 $8,973,450 $9,108,052 $9,244,673 $9,383,343 $9,524,093 $9,666,955 $9,811,959 Parcel 2 TV after Improvement in 2014/2015 (1) $320,928 $2,030,928 $2,061,392 $2,092,313 $2,123,698 $2,155,553 $2,187,886 $2,220,705 $2,254,015 $2,287,826 $2,322,143 $2,356,975 $2,392,330 $2,428,215 $2,464,638 $2,501,607 $2,539,132 $2,577,219 $2,615,877 $2,655,115 $2,694,942 Parcel 3 TV after Improvement in 2014/2015 (1) $320,601 $325,410 $330,291 $335,246 $340,274 $345,378 $350,559 $355,817 $361,155 $366,572 $372,071 $377,652 $383,316 $389,066 $394,902 $400,826 $406,838 $412,941 $419,135 $425,422 $431,803 TOTAL $7,640,904 $9,750,704 $9,896,964 $10,045,419 $10,196,100 $10,349,042 $10,504,277 $10,661,841 $10,821,769 $10,984,096 $11,148,857 $11,316,090 $11,485,831 $11,658,119 $11,832,990 $12,010,485 $12,190,643 $12,373,502 $12,559,105 $12,747,491 $12,938,704 Total Incremental Taxable $0 $2,109,800 $2,256,060 $2,404,515 $2,555,196 $2,708,137 $2,863,373 $3,020,937 $3,180,865 $3,343,191 $3,507,953 $3,675,186 $3,844,927 $4,017,214 $4,192,086 $4,369,581 $4,549,738 $4,732,598 $4,918,201 $5,106,587 $5,297,800 Millages(2) City Operating 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 21.6129 County Operating 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 4.5685 School Operating 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 18.0000 State Education 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 SMART 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 0.5900 HCMA 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 0.2146 Veterans 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 0.0400 MCC Operating 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 1.4212 MISD 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 2.9430 Recreation Authority 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 Library 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 City Debt 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 0.2365 Chapter 20 Drain 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 School Debt 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 8.1000 County Debt 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 Zoo 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 0.1000 DIA 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 MCC Debt 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 TOTAL MILLAGE 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 67.1817 Yearly Captured Tax City Operating $0 $8,641 $11,144 $13,684 $16,262 $18,879 $21,535 $24,232 $26,968 $29,746 $32,565 $79,431 $83,100 $86,824 $90,603 $94,439 $98,333 $102,285 $106,297 $110,368 $114,501 County Operating $0 $1,826 $2,356 $2,892 $3,437 $3,991 $4,552 $5,122 $5,700 $6,288 $6,884 $16,790 $17,566 $18,353 $19,152 $19,962 $20,785 $21,621 $22,469 $23,329 $24,203 School Operating $0 $37,976 $40,609 $43,281 $45,994 $48,746 $51,541 $54,377 $57,256 $60,177 $63,143 $66,153 $69,209 $72,310 $75,458 $78,652 $81,895 $85,187 $88,528 $91,919 $95,360 State Education $0 $12,659 $13,536 $14,427 $15,331 $16,249 $17,180 $18,126 $19,085 $20,059 $21,048 $22,051 $23,070 $24,103 $25,153 $26,217 $27,298 $28,396 $29,509 $30,640 $31,787 SMART $0 $236 $304 $374 $444 $515 $588 $661 $736 $812 $889 $2,168 $2,269 $2,370 $2,473 $2,578 $2,684 $2,792 $2,902 $3,013 $3,126 HCMA $0 $86 $111 $136 $161 $187 $214 $241 $268 $295 $323 $789 $825 $862 $900 $938 $976 $1,016 $1,055 $1,096 $1,137 Veterans $0 $16 $21 $25 $30 $35 $40 $45 $50 $55 $60 $147 $154 $161 $168 $175 $182 $189 $197 $204 $212 MCC Operating $0 $568 $733 $900 $1,069 $1,241 $1,416 $1,593 $1,773 $1,956 $2,141 $5,223 $5,464 $5,709 $5,958 $6,210 $6,466 $6,726 $6,990 $7,257 $7,529 MISD $0 $1,177 $1,517 $1,863 $2,214 $2,571 $2,932 $3,300 $3,672 $4,050 $4,434 $10,816 $11,316 $11,823 $12,337 $12,860 $13,390 $13,928 $14,474 $15,029 $15,591 Recreation Authority $0 $400 $516 $633 $752 $874 $996 $1,121 $1,248 $1,376 $1,507 $3,675 $3,845 $4,017 $4,192 $4,370 $4,550 $4,733 $4,918 $5,107 $5,298 Library $0 $400 $516 $633 $752 $874 $996 $1,121 $1,248 $1,376 $1,507 $3,675 $3,845 $4,017 $4,192 $4,370 $4,550 $4,733 $4,918 $5,107 $5,298 City Debt $0 $95 $122 $150 $178 $207 $236 $265 $295 $325 $356 $869 $909 $950 $991 $1,033 $1,076 $1,119 $1,163 $1,208 $1,253 Chapter 20 Drain $0 $400 $516 $633 $752 $874 $996 $1,121 $1,248 $1,376 $1,507 $3,675 $3,845 $4,017 $4,192 $4,370 $4,550 $4,733 $4,918 $5,107 $5,298 School Debt $0 $3,238 $4,176 $5,128 $6,095 $7,075 $8,071 $9,081 $10,107 $11,148 $12,205 $29,769 $31,144 $32,539 $33,956 $35,394 $36,853 $38,334 $39,837 $41,363 $42,912 County Debt $0 $2 $3 $3 $4 $4 $5 $6 $6 $7 $8 $18 $19 $20 $21 $22 $23 $24 $25 $26 $26 Zoo $0 $40 $52 $63 $75 $87 $100 $112 $125 $138 $151 $368 $384 $402 $419 $437 $455 $473 $492 $511 $530 DIA $0 $80 $103 $127 $150 $175 $199 $224 $250 $275 $301 $735 $769 $803 $838 $874 $910 $947 $984 $1,021 $1,060 MCC Debt $0 $60 $77 $95 $113 $131 $149 $168 $187 $206 $226 $551 $577 $603 $629 $655 $682 $710 $738 $766 $795 Total Local Taxes $0 $17,264 $22,264 $27,340 $32,491 $37,720 $43,027 $48,414 $53,881 $59,431 $65,064 $158,701 $166,030 $173,470 $181,021 $188,686 $196,465 $204,362 $212,376 $220,511 $228,768 Total State Taxes $0 $50,635 $54,145 $57,708 $61,325 $64,995 $68,721 $72,502 $76,341 $80,237 $84,191 $88,204 $92,278 $96,413 $100,610 $104,870 $109,194 $113,582 $118,037 $122,558 $127,147 Total Yearly Incremental Taxes $0 $67,899 $76,410 $85,048 $93,816 $102,715 $111,748 $120,916 $130,222 $139,667 $149,254 $246,905 $258,309 $269,883 $281,631 $293,556 $305,659 $317,944 $330,413 $343,069 $355,915 Total Annual Local Non-Capturable $0 $3,915 $5,048 $6,199 $7,367 $8,553 $9,756 $10,978 $12,218 $13,476 $14,753 $35,986 $37,648 $39,335 $41,047 $42,785 $44,549 $46,339 $48,157 $50,001 $51,873 State Brownfield Fund Capture (3 mill) $0 $6,329 $6,768 $7,214 $7,666 $8,124 $8,590 $9,063 $9,543 $10,030 $10,524 $11,026 $11,535 $12,052 $12,576 $13,109 $13,649 $14,198 $14,755 $15,320 $15,893 Total Captured State Taxes $ - $ 44,306 $ 47,377 $ 50,495 $ 53,659 $ 56,871 $ 60,131 $ 63,440 $ 66,798 $ 70,207 $ 73,667 $ 77,179 $ 80,743 $ 84,362 $ 88,034 $ 91,761 $ 95,545 $ 99,385 $ 103,282 $ 107,238 $ 111,254 Total Captured Local Taxes $0 $17,264 $22,264 $27,340 $32,491 $37,720 $43,027 $48,414 $53,881 $59,431 $65,064 $158,701 $166,030 $173,470 $181,021 $188,686 $196,465 $204,362 $212,376 $220,511 $228,768 Total Yearly Captured Taxes $ - $ 61,570 $ 69,642 $ 77,834 $ 86,150 $ 94,591 $ 103,158 $ 111,853 $ 120,679 $ 129,638 $ 138,731 $ 235,880 $ 246,774 $ 257,832 $ 269,055 $ 280,447 $ 292,010 $ 303,746 $ 315,658 $ 327,749 $ 340,022 Cumulative Captured Taxes $ - $ 61,570 $ 131,211 $ 209,046 $ 295,196 $ 389,787 $ 492,944 $ 604,798 $ 725,477 $ 855,115 $ 993,845 $ 1,229,725 $ 1,476,499 $ 1,734,331 $ 2,003,386 $ 2,283,833 $ 2,575,843 $ 2,879,589 $ 3,195,247 $ 3,522,997 $ 3,863,019

MSF Non-Environmental Costs $0 $2,458,000 $2,504,569 $2,544,838 $2,578,398 $2,604,818 $2,623,648 $2,634,414 $2,636,620 $2,629,746 $2,613,244 $2,586,541 $2,457,589 $2,282,325 $2,025,694 $1,757,892 $1,478,751 $1,188,101 $885,769 $571,580 $245,357 Totals State Tax Reimbursement $0 $44,099 $47,157 $50,260 $53,409 $56,606 $59,851 $63,144 $66,487 $69,880 $73,324 $76,819 $80,367 $83,969 $87,624 $91,334 $95,100 $98,922 $102,801 $106,739 $94,732 $1,502,624 Local Tax Reimbursement $0 $17,184 $22,161 $27,212 $32,340 $37,544 $42,827 $48,188 $53,630 $59,154 $64,761 $157,962 $165,257 $172,662 $180,178 $187,807 $195,551 $203,410 $211,387 $219,484 $150,625 $2,249,324 Unreimbursed Non-Environmental Costs $0 $2,396,717 $2,435,252 $2,467,366 $2,492,649 $2,510,668 $2,520,971 $2,523,082 $2,516,503 $2,500,712 $2,475,159 $2,351,760 $2,211,965 $2,025,694 $1,757,892 $1,478,751 $1,188,101 $885,769 $571,580 $245,357 $0 Interest (4.5%)3 $0 $107,852 $109,586 $111,031 $112,169 $112,980 $113,444 $113,539 $113,243 $112,532 $111,382 $105,829 $70,360 $0 $0 $0 $0 $0 $0 $0 $0 $1,293,948

DEQ Environmental Costs $0 $11,500 $11,718 $11,906 $12,063 $12,187 $12,275 $12,325 $12,336 $12,304 $12,226 $12,101 $11,498 $10,677 $9,476 $8,223 $6,917 $5,788 $4,836 $3,847 $2,821 State Tax Reimbursement $0 $206 $221 $235 $250 $265 $280 $295 $311 $327 $343 $359 $376 $393 $410 $427 $214 $0 $0 $0 $0 $4,913 Local Tax Reimbursement $0 $80 $104 $127 $151 $176 $200 $225 $251 $277 $303 $739 $773 $808 $843 $879 $915 $952 $989 $1,027 $2,821 $12,640 Unreimbursed Environmental Costs $0 $11,213 $11,394 $11,544 $11,662 $11,746 $11,795 $11,804 $11,774 $11,700 $11,580 $11,003 $10,349 $9,476 $8,223 $6,917 $5,788 $4,836 $3,847 $2,821 $0 Interest (4.5%)3 $0 $505 $513 $519 $525 $529 $531 $531 $530 $526 $521 $495 $328 $0 $0 $0 $0 $0 $0 $0 $0 $6,052

Local-Only Costs $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Local Taxes $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Unreimbursed Costs $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Project Reimbursement $0 $61,570 $69,642 $77,834 $86,150 $94,591 $103,158 $111,853 $120,679 $129,638 $138,731 $235,880 $246,774 $257,832 $269,055 $280,447 $291,779 $303,283 $315,178 $327,250 $248,178 $3,769,500 (1) Assumes Parcel 2 taxable value increase based on proposed build out ($1.71 million TV in 2014 to show up in 2015), Parcel 1 TV improvements of $290k in 2014 to show up in 2015, plus 1.5% annual increases for inflation thereafter for all Parcels (2) Assumes millage rate remains the same (3) Interest is calculated at 4.5% with a total overall cap at $1.3 million Capturable Millages 33.3902 61.39%Local Eligible Activities $2,458,000 99.53% MSF Interest $554,066State 21.0000 38.61% State $11,500 0.47% MDEQ $745,935 Local 54.3902 $2,469,500 $1,300,000 17 18 19 20 21 22 23 24 25

BOARD OF COMMISSIONERS

1 S. Main St., 9th Floor Mount Clemens, Michigan 48043 586.469.5125 ~ Fax: 586.469.5993 www.macombBOC.com

December 11, 2013

TO: BOARD OF COMMISSIONERS

FROM: ROBERT MIJAC, CHAIR ECONOMIC DEVELOPMENT COMMITTEE

RE: RECOMMENDATION FROM ECONOMIC DEVELOPMENT COMMITTEE MEETING OF DECEMBER 11, 2013

At a meeting of the Economic Development Committee, held Wednesday, December 11, 2013, the following recommendation was made and is being forwarded to the December 19, 2013 Full Board meeting for approval:

1. COMMITTEE RECOMMENDATION – MOTION (SEE ATTACHED)

A motion was made by Carabelli, supported by Brown, to recommend that the Board of Commissioners approve the City of Roseville Brownfield Plan for the property located at Gratiot and Masonic (13 ½ Mile), 32233 Gratiot Avenue (Macomb Mall); further, a copy of this Board of Commissioners’ action is directed to be delivered forthwith to the Office of the County Executive. THE MOTION CARRIED.

A MOTION TO ADOPT THE COMMITTEE REPORT WAS MADE BY CHAIR MIJAC, SUPPORTED BY VICE-CHAIR CARABELLI.

MACOMB COUNTY BOARD OF COMMISSIONERS

David J. Flynn – Board Chair Kathy Tocco – Vice Chair Mike Boyle – Sergeant-At-Arms District 4 District 11 District 10

RESOLUTION NO: ______FULL BOARD MEETING DATE: ______

AGENDA ITEM: ______

MACOMB COUNTY, MICHIGAN

RESOLUTION TO: approve the City of Roseville Brownfield Plan for the property located at Gratiot & Masonic (13½ Mile), 32233 Gratiot Avenue (Macomb Mall)

INTRODUCED BY: Commissioner Robert Mijac, Chair

COMMITTEE/MEETING DATE

_Economic Development 12-11-13__

______