2001 - Saginaw County

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Board of Commissioners June 26, 2001 COMMITTEE ON COUNTY SERVICES Todd M. Hare, Chair Raymond F. Bartels, Vice-Chair Kenneth B. Horn Michael P. O'Hare Carl E. Ruth Robert L. Fish By Commissioner Bartels: That the Report of the Committee be received and the recommendations contained therein be adopted. Approved. FROM: COMMITTEE ON COUNTY SERVICES -- 3.2 JUNE 26, 2001 Your committee has considered communication 6-26-21 from Suzanne Kelley, Saginaw County Brownfield Redevelopment Coordinator forwarding a request from Peerless Environment Services asking the County to apply to the Michigan Department of Environmental Quality for a revitalization loan in the amount of $208,955 for the blighted Con-Agr Elevator property located in Richland Township. We met with Ms. Kelley who informed us the loan would assist the developer (who wishes to remain anonymous at this time due to negotiations for purchase of the property) in covering the cost of the initial phase of cleaning up the property. Preliminary estimates indicate that the length of time for tax revenues to generate sufficient funds to pay back these loans is approximately 8 years. The Brownfield Redevelopment Plan for the project would be submitted at the August Board session. (See attached for further details) We agree with the request. Under the proper order of business, the appropriate resolution will be submitted to accomplish same. Respectfully submitted, COMMITTEE ON COUNTY SERVICES Todd M. Hare, Chair Raymond F. Bartels, Vice-Chair Kenneth B. Horn Michael P. O'Hare Carl E. Ruth Robert L. Fish By Commissioner Bartels: That the Report of the Committee be received and the recommendations contained therein be adopted. Approved. REVITALIZATION LOAN 400 S. & 451 S. Elm Street HEMLOCK MICHIGAN The developer is requesting a $208,955 Revitalization Loan from the Michigan Department of Environmental Quality (DEQ). The loan application, submitted by the County of Saginaw would provide assistance for the developer to do a Phase I Environmental Site Assessment (ESA), a Phase II ESA, Due Care Analysis and Investigation, a Baseline Environmental Assessment, evaluation and pre-demolition of the property, demolition, a Health and Safety Plan, and interim response activities (if needed). The developer proposes to demolish the existing buildings and construct an office/retail mixed use complex that may include a restaurant and residential units. This project could help draw 240
Board of Commissioners June 26, 2001 other business into the community as well as create 50 to 100 new jobs. This project has a potential investment of millions of dollars. A work plan would have to be submitted to the DEQ and their approval of the work plan must be secured before the project could proceed. Interest and repayment on Revitalization Loans are not required for the first five years of the loan. Thereafter an interest rate of 2.25% is charged until repayment is made. The loan would be paid by the Developer from the captured tax increment on the Brownfield project. In recommending this action, the Brownfield Redevelopment Authority cited several necessary stipulations for the loan to be approved as follows: •All County costs to process the loan to be repaid by the developers upon completion of the loan •County will be reimbursed first from all captured tax increments for the entire cost of the loan •All parties to the note will sign personal Guarantees if the project fails to generate sufficient diverted taxes •These arrangements to be included as part of an approved Brownfield Redevelopment Plan developed at a later date FROM: COMMITTEE ON COUNTY SERVICES -- 3.3 JUNE 26, 2001 Your committee has considered communication 6-26-20 from John Schmude, Director, Parks & Recreation Department asking approval of the attached Saginaw Valley Rail Trail - Firewood/Fuel Wood Permit. We met with Mr. Schmude who informed us from time to time individuals have approached the Parks Department about removing existing dead wood from the rail trail prior to Parks beginning construction on the trail. The Parks Commission discussed this idea, and agreed that clearing the trail of dead wood would be a "win, win" situation for both the County and the individual. It is the recommendation of your committee to approve the Saginaw County Parks and Recreation Firewood/Fuel Wood Permit, subject to review by the Controller as to substance and Counsel as to legal form. Respectfully submitted, COMMITTEE ON COUNTY SERVICES Todd M. Hare, Chair Raymond F. Bartels, Vice-Chair Kenneth B. Horn Michael P. O'Hare Carl E. Ruth Robert L. Fish By Commissioner Bartels: That the Report of the Committee be received and the recommendations contained therein be adopted. Approved. 241
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2001 - Saginaw County

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