HomeMy WebLinkAboutResolutions - 2014.09.18 - 21496MISCELLANEOUS RESOLUTION #14214 September 18, 2014
BY: FINANCE COMMITTEE, TOM MIDDLETON, CHAIRPERSON
IN RE: BOARD OF COMMISSIONERS - PROPOSED CITY OF AUBURN HILLS DOWNTOWN
DEVELOPMENT AUTHORITY-TAX CAPTURE-"OPT OUT"
To THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Chairperson, Ladies and Gentlemen:
WHEREAS the Oakland County Board of Commissioners strongly supports the economic growth of
Oakland County; and
WHEREAS one of the tools used to promote this economic growth is tax increment financing used in
conjunction with Downtown Development Authorities (DDAs) and Local Development Finance Authorities
(LDFAs); and
WHEREAS to review requests from the County's cities, villages and townships to establish DDAs and
LDFAs, the Board of Commissioners, pursuant to Miscellaneous Resolution *99010, established the Tax
Increment Financing (TIF) District Review Policy Ad Hoc Committee (Ad Hoc Committee) to evaluate and
recommend to the Finance Committee on the County's participation in these proposed authorities; and
WHEREAS the DDA is currently in the process of amending its boundaries to halt property value
deterioration and increase property tax valuation to promote economic growth; and
WHEREAS the City and DDA held a public hearing on August 11, 2014, concerning the amended
boundaries of the plan; and
WHEREAS the DDA and the City appeared before the Ad Hoc Committee on September 4, 2014, to
present the proposed plan; and
WHEREAS faced with the legal mandate that the County act on the issue of tax capture exemption
within 60 days of the August 11, 2014, public hearing, the Ad Hoc Committee recommends to the Finance
Committee that the County exempt its taxes from capture by the proposed revised DDA; and
WHEREAS the Ad Hoc Committee further recommends that the County, through its Corporation
Counsel, attempt to negotiate a contract consistent with the DDA's presentation to the Ad Hoc Committee on
September 4, 2014.
NOW THEREFORE BE IT RESOLVED that, pursuant to Section Three (3) of 1975 Public Act 197, as
amended, MCLA 125.1653(3), the Oakland County Board of Commissioners hereby exempts its taxes from
capture by the Proposed Modifications to the TIE and City of Auburn Hills Downtown Development Plan.
BE IT FURTHER RESOLVED that the County, through its Corporation Counsel, will negotiate a
contract with the City and the DDA consistent with the concepts presented to the Ad Hoc Committee on
September 4, 2014.
BE IT FURTHER RESOLVED that when a contract is successfully negotiated, the County may revise
its decision to exempt its taxes from capture by the DOA.
Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution.
FINANCE COMMITTEE VOTE:
Motion carried unanimously on a roll call vote with Matis absent.
Resolution #14214 September 18, 2014
Moved by Spisz supported by Woodward the resolutions (with fiscal notes attached) on the amended
Consent Agenda be adopted (with accompanying reports being accepted).
AYES: Dwyer, Gershenson, Gingell, Gosselin, Hoffman, Jackson, Long, Matis, McGillivray,
Middleton, Runestad, Scott, Spisz, Taub, Weipert, Woodward, Zack, Bosnic, Crawford, (19)
NAYS: None. (0)
A sufficient majority having voted in favor, the resolutions (with fiscal notes attached) on the amended
Consent Agenda were adopted (with accompanying reports being accepted).
1-HKEBY APPROVE THIS RESOLUTION
CHIEF DEPUTY COUNTY EXECUTIVE
ACTING PURSUANT TO MCL 45.569A (7)
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lisa Brown, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and
accurate copy of a resolution adopted by the Oakland County Board of Commissioners on September 18,
2014, with the original record thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at
Pontiac, Michigan this 18th day of September 2014.
Lisa Brown, Oakland County