enterprise industrial park key info
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8/8/2019 Enterprise Industrial Park Key Info
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R & L Enterprises
Enterprise Industrial Park
Defiance Ohio
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Welcome to Defiance
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Junction Maumee and Auglaize Rivers
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Fort Defiance
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History of Enterprise Industrial Park Previous Owner Annexed into City
Zoning Classification
Property Purchased by R & L Enterprise
Establishment Plummer Brothers Holdings LLC
Acres purchased and used for dual lane US-24
Cost projections for 12” water line
Request of advanced acquisition
Submission of application to ODOD for Road Work Development (629)Account grant and other grants and loans
Boring under CSX Railroad for sanitary sewer line installation
Completion of Phase I and Phase II leading to Open House Listing of real estate with real estate broker
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Cost Summary of Phases I and IILand Cost- May 12, 1999
$ 844,642 / 690 acres = $ 1,224.12 per acre$ 1,224.12 per acre x 145.5 acres = $ 178,109
Phase I CostSewer size upgraded and lift station installed to service entire 690
acres. Gravity lines service East end of Park “300 plus acres”$ 241,871
Phase II Cost Engineering, surveys, application cost, 5,150 lineal-foot of
storm sewer, sanitation sewers, water, curbing and roadwaysby the Underground Utilities contract plus two change orders$ 1,891,411
Bryan Engineering & Surveying – contract $ 235,000 R & L Enterprises paid construction costs $ 600,859 Bryan Engineering Survey cost to move storm sewer $ 3,700 Defiance inspection cost Phase I and II $ 3,378 Erie Coast Appraisal Construction line-of-credit $ 2,000 Entrepreneurial costs to develop $ 47,390
Utilities placed in casings under new US-24 Sanitation sewer, stormsewer and water lines by Vernon Nagel Inc. $ 114,019
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Financing – Local, State, Owner
Local Funding City of Defiance TIF Funds - $ 52,241
State Funding
Grants
Road Work Development (629) Account $ 500,000
Urban and Rural (442) Account $ 111,327
Loans
Rural Industrial Park $ 500,000
Owner Financing Phase I & II project cost $ 3,317,737
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CSX Railroad Spur
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R & L Enterprises Original Purchase
690 Acres
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ODOD Purposed Seven-Phases
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Enterprise
Industrial Park
Looking West to Krouse Road
Looking East from New US 24
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View of park both sides of US-24
Eastside of Park 300 Acres Westside of Park 200 Acres
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Looking East from Krouse Road toward Defiance
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Access road into park
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Road inside park – 5,150 lineal-feet
Standridge Building
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Dual Lane US 24 running through Park
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Farm Credit Services Letter of Credit Approved $ 350,000
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East End Developed Site Approximately 300 acres
Proposed Development - Numbered lots actual platted lots
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Lot # 16 Purposed Site Spec Building
Total Spec Building, Land andImprovement Funding $ 1,438,085
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Property Lines
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APC Building by Spyker Construction
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Hinkle Building by Spyker Construction
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Standridge Building by Spyker Construction