HomeMy WebLinkAboutResolutions - 2017.03.15 - 22800MISCELLANEOUS RESOLUTION # t 7044 March 15, 2017
BY: Tom Middleton, Chairperson, Finance Committee
IN RE: BOARD OF COMMISSIONERS — PROPOSED CITY OF OAK PARK 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 #16166, updated the
Policy for the Tax Increment Financing (TIF) 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 City of Oak Park ("City") held a public hearing on January 19, 2016, to present its CIA
development and Tax Increment Financing Plan ("TIF Plan"); and
WHEREAS on February 17, 2016, the Oakland County Board of Commissioners pursuant to MR #16031
exempted its taxes from capture by the Oak Park Corridor Improvement Authority; and
WHEREAS the CIA and the City appeared before the TIF Review Committee on February 17, 2017, to
present the proposed plan.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners, upon
recommendation from its TIF Review Committee, recommends that the County, through its Corporation
Counsel, attempts to negotiate a contract consistent with the CIA's presentation to the TIE Review
Committee on February 17, 2017.
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 Board of Commissioners requests the County Clerk send a signed
copy of this Resolution to the Clerk of the City of Oak Par
Chairperson, on behalf of the Finance Committee, I m e theiladoptioof 4,1 e rrThgoil •
Commissioner Tom Middleton, District #4
'Chairperson, Finance Committee
FINANCE COMMITTEE VOTE:
Motion carried unanimously on a roll call vote with Crawford absent.
Resolution #17044 March 15, 2017
Moved by Fleming supported by Bowman the resolutions (with fiscal notes attached) on the Consent
Agenda be adopted (with accompanying reports being accepted).
AYES: Crawford, Dwyer, Fleming, Gershenson, Gingell, Hoffman, Jackson, Kochenderfer,
KowaII, Long, McGillivray, Middleton, Quarles, Spisz, Taub, Tietz, Weipert, Woodward, Zack,
Bowman. (20)
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).
HEREBY APPROVE THIS RESOLUTION
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 March 15,
2017, 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 15m day of March, 2017.
iWycee
Lisa Brown, Oakland County