enterprise industrial park key info

8/8/2019 Enterprise Industrial Park Key Info

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R & L Enterprises

Enterprise Industrial Park

Defiance Ohio



Welcome to Defiance



Junction Maumee and Auglaize Rivers



Fort Defiance



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



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



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



CSX Railroad Spur



R & L Enterprises Original Purchase

690 Acres



ODOD Purposed Seven-Phases



Enterprise

Industrial Park

Looking West to Krouse Road

Looking East from New US 24



View of park both sides of US-24

Eastside of Park 300 Acres Westside of Park 200 Acres



Looking East from Krouse Road toward Defiance



Access road into park



Road inside park – 5,150 lineal-feet

Standridge Building



Dual Lane US 24 running through Park



Farm Credit Services Letter of Credit Approved $ 350,000



East End Developed Site Approximately 300 acres

Proposed Development - Numbered lots actual platted lots



Lot # 16 Purposed Site Spec Building

Total Spec Building, Land andImprovement Funding $ 1,438,085



Property Lines



APC Building by Spyker Construction



Hinkle Building by Spyker Construction



Standridge Building by Spyker Construction

enterprise industrial park key info

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