HomeMy WebLinkAboutResolutions - 2014.10.23 - 21546MISCELLANEOUS RESOLUTION # #14248 October 23, 2014
BY: Finance Committee, Tom Middleton, Chairperson
IN RE: BOARD OF COMMISSIONERS — PROPOSED CITY OF FARMINGTON CORRIDOR
IMPROVEMENT 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 economic growth is Tax Increment Financing used in
conjunction with Corridor Improvement Authorities (CFAs); and
WHEREAS to review requests from the County's cities, villages and townships to establish DDAs, CIAs
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 City of Farmington ("City") has worked cooperatively with the City of Farmington Hills to
create The Grand River Corridor Vision Plan to revitalize the Grand River Avenue Corridor; and
WHEREAS The City has formed a CIA to correct and prevent deterioration, encourage historic
preservation and promote economic growth in the Grand River Corridor; and
WHEREAS the City appeared before the Ad Hoc Committee on May 8, 2014, to present its development
plan; and
WHEREAS the City will hold a public hearing on October 20, 2014, to present its CIA development and
Tax Increment Financing Plan ("TIF Plan"); and
WHEREAS Public Act 280 of 2005 permits the governing body of a taxing jurisdiction subject to capture
to exempt its taxes from capture within 60 days after the City's public hearing; and
WHEREAS faced with the legal mandate that the County act on the issue of tax capture exemption within
60 days of the October 20, 2014, public hearing, and based on the fact that the Board of Commissioners
will be considering at its meeting of October 23, 2014 whether to opt out of the Farmington Hills CIA tax
capture, the Ad Hoc Committee recommends to the Finance Committee that the County exempt its taxes
from capture by the Farmington CIA; and
WHEREAS the Ad Hoc Committee further recommends that the County, through its Corporation Counsel,
attempt to negotiate a contract consistent with the City's presentation to the Ad Hoc Committee on May 8,
2014.
NOW THEREFORE BE IT RESOLVED that pursuant to Section 18 of Public Act 280 of 2005, as
amended, MCL 125.2888(5), the Oakland County Board of Commissioners hereby exempts its taxes from
capture by the Farmington CIA for the proposed TIF Plan.
BE IT FURTHER RESOLVED that the County, through its Corporation Counsel, will attempt to negotiate
a contract with the City and CIA consistent with the concepts presented to the Ad Hoc Committee on May
8, 2014.
BE IT FURTHER RESOLVED that if a contract is successfully negotiated, the County may revise its
decision to exempt its taxes from capture by the CIA.
BE IT FURTHER RESOLVED that the Board of Commissioners requests the County Clerk send a signed
copy of this Resolution to the Clerk of Farmington.
Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution.
FINANCE COMMITTEE
FINANCE COMMITTEE VOTE:
Motion carried unanimously on a roll call vote with Long absent.
Resolution #14248 October 23, 2014
Moved by Spisz supported by McGillivray the resolutions (with fiscal notes attached) on the amended
Consent Agenda be adopted (with accompanying reports being accepted).
AYES: Gershenson, Gingell, Gosselin, Hatchett, Hoffman, Jackson, Long, Matis, McGillivray,
Middleton, Quarles, Runestad, Scott, Spisz, Taub, Weipert, Woodward, Zack, Bosnic,
Dwyer. (20)
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).
--9\\C2--- HEREBY APP E THIS RESOLUITI:lN24/1'(
CHIEF DEPUTY COUNTY EXECUTIVE
ACTING PURSUANT TO MCL 45.559A (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 October 23,
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 23 rd day of October 2014.
Lisa Brown, Brown, Oakland County