City of Detroit - File #: 15-3872

• File #: 15-3872
• Version: 1
• Type: Communication or Report
• Status: New Business
• File created: 10/28/2016
• In control: Planning and Economic Development Standing Committee
• On agenda: 9/8/2016
• Title: Submitting report relative to AG Selden, LLC; Application for an Obsolete Property Rehabilitation Certificate Public Act 146 of 2000 Abatement Request. (Given the $1,542,315 investment, its projected positive cost benefit to the City of Detroit and the impacted taxing units of $1,717,851, 70 new jobs permanent jobs, 13 temporary construction jobs, in addition to the return to the tax rolls of a building that is currently vacant and obsolete, the Legislative Policy Division recommends approval of the OPRA certificate request of AG Selden, LLC.) (REFERRED TO THE PLANNING AND ECONOMIC DEVELOPMENT STANDING COMMITTEE ON 9-8-16)

Title

Submitting report relative to AG Selden, LLC; Application for an Obsolete Property Rehabilitation Certificate Public Act 146 of 2000 Abatement Request. (Given the $1,542,315 investment, its projected positive cost benefit to the City of Detroit and the impacted taxing units of $1,717,851, 70 new jobs permanent jobs, 13 temporary construction jobs, in addition to the return to the tax rolls of a building that is currently vacant and obsolete, the Legislative Policy Division recommends approval of the OPRA certificate request of AG Selden, LLC.) (REFERRED TO THE PLANNING AND ECONOMIC DEVELOPMENT STANDING COMMITTEE ON 9-8-16)

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