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HomeMy WebLinkAboutResolutions - 2016.07.20 - 22431MISCELLANEOUS RESOLUTION #16165 July 20, 2016 BY: Finance Committee, Tom Middleton, Chairperson IN RE: BOARD OF COMMISSIONERS — PROPOSED TOWNSHIP OF ORION CORRIDOR IMPROVEMENT AUTHORITY TAX CAPTURE 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 (ClAs); and WHEREAS to review requests from the County's cities, villages and townships to establish DDAs, ClAs and LDFAs, the Board of Commissioners, pursuant to Miscellaneous Resolution #15056, updated the Policy for the Tax Increment Financing (TIE) District Review Policy Ad Hoc Committee (TIF Review Committee) to consider when evaluating and making recommendations to the Finance Committee on the County's participation in these proposed authorities; and WHEREAS the Township of Orion ("Township") held a public hearing on May 16, 2016, to present its CIA development and Tax Increment Financing Plan (TIE Plan"); and WHEREAS on June 16, 2016 the Oakland County Board of Commissioners pursuant to MR 16149 exempted its taxes from capture by the Orion Township Corridor Improvement Authority; and WHEREAS the CIA and the Township appeared before the TIF Review Committee on July 12, 2016 to present the proposed plan. NOW THEREFORE BE IT RESOLVED that the TIF Review Committee recommends that the County, through its Corporation Counsel, attempts to negotiate a contract consistent with the CIA's presentation to the TIF Review Committee on July 12, 2016. BE IT FURTHER RESOLVED that if the County determines later that it is advisable to opt-in to the CIA, and 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 Oakland County Board of Commissioners requests the County Clerk send a signed copy of this Resolution to the Clerk of the Township of Orion. Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. 7CE CC?M.MITTEE IA. FINANCE COMMITTEE VOTE: Motion carried unanimously on a roll call vote with Woodward and Quarles absent. Resolution #16165 July 20, 2016 Moved by Hoffman supported by Zack the resolutions (with fiscal notes attached) on the Consent Agenda be adopted (with accompanying reports being accepted). AYES: Dwyer, Fleming, Gershenson, Gosselin, Hoffman, Kochenderfer, KowaII, Long, Middleton, Quarles, Scott, Taub, Weipert, Woodward, Zack, Bowman, Crawford. (17) NAYS: None. (0) A sufficient majority having voted in favor, the resolutions (with fiscal notes attached) on the Consent Agenda were adopted (with accompanying reports being accepted). WHEY APPROVEQe-----EsoLuTIO /2--///c 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 July 20, 2016, 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 20th day of July, 2016. 10e0e/ Lisa Brown, Oakland County