HomeMy WebLinkAboutResolutions - 2018.10.25 - 23834MISCELLANEOUS RESOLUTION #18358 October 25, 2018
BY: Commissioner Thomas Middleton, Chairperson, Finance Committee
IN RE: BOARD OF COMMISSIONERS — PROPOSED CITY OF NOVI 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 strongiy 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 (CIAs); 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 #15056, 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 Novi ("City") held a public hearing on October 8, 2018, 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 8, 2018, the TIF Review Committee recommends to the Finance Committee that
the County exempt its taxes from capture by the Novi CIA; and
WHEREAS the TIE Review Committee will study a proposal from Novi and may determine later if it
should recommend that the County, through its Corporation Counsel, attempt to negotiate a contract with
Novi.
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 Novi CIA for the proposed TIF Plan.
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 Novi.
Chairperson, on behalf of the Finance Committee, I move the adoption of jbe-fpregoing resolution.
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C mmissioner Thomas Middleton, District #4
Chairperson, Finance Committee
FINANCE COMMITTEE VOTE:
Motion carried unanimously on a roll call vote with Quarles absent.
Resolution #18358 October 25, 2018
Moved by Kochenderfer supported by Woodward the resolutions (with fiscal notes attached) on the
amended Consent Agenda be adopted (with accompanying reports being accepted).
AYES: Crawford, Dwyer, Fleming, Gershenson, Hoffman, Jackson, Kochenderfer, KowaII, Long,
McGillivray, Middleton, Quarles, Spisz, Taub, Tietz, Weipert, Woodward, Zack, Berman,
Bowman. (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).
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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 October 25,
2018, 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 25th day of October, 2018.
Lisa Brown, Oakland County
