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HomeMy WebLinkAboutResolutions - 1994.12.08 - 24057MISCELLANEOUS RESOLUTION #94366 BY: LARRY P. CRAKE, COMMISSIONER DISTRICT #4 IN RE: EXEMPTING COMBINED COUNTY AD VALOREM TAXES FROM CAPTURE BY THE CITY OF SOUTH LYON DOWNTOWN DEVELOPMENT AUTHORITY (D.D.A.) TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS the City of South Lyon has taken the necessary steps to establish a Downtown Development Authority (D.D.A.) per MCLA 125.1651 through 125.1681 (Public Act 197 of 1975 as amended); and WHEREAS the statute now allows the County the option to exempt its taxes from capture by adopting a resolution to that effect and filing a copy with the Clerk of the municipality proposing to create the authority; and WHEREAS the exemption will remain in effect until this Board passes a subsequent resolution rescinding the exemption and files a copy with the Clerk of the City of South Lyon; and WHEREAS it is the desire of this Board to study the financial implications, related to County tax dollars lost to the D.D.A., before committing future tax revenue; NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners exempts its combined ad valorem taxes from capture by the City of South Lyon Downtown Development Authority. BE :T FURTHER RESOLVED that a copy of this resolution be filed with the Clerk of the City of South Lyon. Mr. Chairperson, I move the adoption of the foregoing resolution. LARRY P. CRAKE COMMISSIONER DISTRICT #4 a) N. Resolution 494366 December 8, 1994 Moved by McCulloch supported by Gosling the resolution be adopted. AYES: Gosling, Kingzett, Law, McCulloch, Oaks, Palmer, Pernick, Schmid, Taub, Crake ; Douglas. (11) NAYS: Kaczmar, Kramer ; Moffitt, Obrecht, Powers, Dingeldey, Garfield. (7) A sufficient majority not having voted therefor, the motion failed and the resolution was not adopted.