HomeMy WebLinkAboutResolutions - 2003.03.06 - 27221MISCELLANEOUS RESOLUTION #03 044
BY: FINANCE COMMITTEE, CHUCK MOSS, CHAIRPERSON
IN RE: BOARD OF COMMISSIONERS — PROPOSED CITY OF PLEASANT RIDGE
DOWNTOWN DEVELOPMENT AUTHORITY EXPANSION
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 some of the tools used to promote this economic growth are
Downtown Development Authorities (DDAs), Tax Increment Finance Authorities (TIFAs)
and Local Development Finance Authorities (LDFAs); and
WHEREAS in order to review requests from the County's cities, villages and
townships to establish and amend DDAs, TIFAs and LDFAs, the Board of
Commissioners, pursuant to Miscellaneous Resolution #01002, established the Tax
Increment Financing (TIF) District Review Policy Ad Hoc Committee; this Committee
evaluates and makes recommendations to the Finance Committee regarding the
County's participation in proposed authorities and amendments; and
WHEREAS the City of Pleasant Ridge (City) submitted a proposal to expand an
existing DDA; and
WHEREAS the City represents that all properties proposed for inclusion in the
DDA expansion are exempt and owned by the City; therefore, the expansion will have no
effect on potential tax revenues and no financial impact regarding loss of tax revenues to
Oakland County; and
WHEREAS the City's plan was reviewed by the TIF District Review Policy Ad
Hoc Committee on February 21, 2003; and
WHEREAS the Ad Hoc Committee recommends support of the City's DDA
expansion, provided that the subject properties remain tax exempt.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of
Commissioners supports the City of Pleasant Ridge in its DDA expansion as set forth
above and in the attached agreement.
BE IT FURTHER RESOLVED that if the tax exempt status of the affected parcels
should change in the future, the City must appear before the TIF District Review Policy
Ad Hoc Committee (or its successor) to allow the County the opportunity to "opt out" of
any tax capture as provided by law.
Chairperson, on behalf of the Finance Committee, I move adoption of the
foregoing resolution.
FINANCE COMMITTEE
12003-0109\ Resolution-Pleasant Ridge DDA Exp.doc
ir.
AGREEMENT
This Agreement is between the City of Pleasant Ridge, Oakland County, Michigan (a
Michigan municipal corporation) (City), and the County of Oakland, Michigan (a Michigan
municipal corporation) (County), as it relates to the expansion and amendment of the
City of Pleasant Ridge's Downtown Development Authority District.
WITNESSTH:
Pursuant to Act 197 of the Public Acts of 1975, the City of Pleasant Ridge established a
Downtown Development Authority.
The City has determined that the original Downtown Development Authority district
needs to be enlarged to incorporate both sides of Woodward Avenue in order to
enhance the entire business district.
The City has designated the following parcels, all owned by the City of Pleasant Ridge,
to be incorporated into the district: 25-27-152-004, 25-27-152-012, 25-27-151-002,
25-28-229-025, 25-28-227-020, 25-28-227-021, and 25-28-226-019.
All parcels to be incorporated into the district are tax-exempt properties.
The parties agree as follows:
The County agrees to support the amendments to and expansion of the City's DDA as
set forth in the City's letter dated February 4, 2003, attached, and incorporated herewith.
In addition, the County agrees to provide planning and other appropriate development
assistance to the City's DDA.
Zs ity Manager
By:
Castelli,c-Ji.., Mayor
Attest:
Amy Allison-Martin, City Clerk
App ved as to Su staxe:
Ap
Charles Y. Cooper, City Attorney
The City of Pleasant Ridge agrees not to include parcels 25-27-152-004, 25-27-152-012,
25-27-151-002, 25-28-229-025, 25-28-227-020, 25-28-227-021, and 25-28-226-019 in
the capture of any tax increment financing established, amended, or restated by the
Pleasant Ridge Downtown Development Authority. The City asserts that all of the
above-listed parcels are tax-exempt and that there will be no financial impact regarding
loss of tax revenues to the County of Oakland.
The City further agrees that if the tax exempt status of the affected parcels should
change in the future, the City shall appear before the County's appropriate review
committee(s) to allow the County to "opt out" of any tax capture as provided by law.
Dated:
Dated: (-5141D)
Dated: LIILB
CITY: City of Pleasant Ridge
Oakland County, Michigan, "a
Michigan MuniejA Corporation"
Dated:
COUNTY OF OAKLAND
Dated: By:
Thomas A. Law, Chairperson
Board of Commissioners
2
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. , • . . 23925 Woodward Avenue • Pleasant Ridge,:Michigan 4809 „ .1 248-541-2900 Fax 246-54-1.4564:
PLEASANT RIDGE
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February 4, 2003
To Whom It May Concern:
_This letter shall serve as.,y6iir-,<A6Cial notice that,the.;.'dity .9413104.1.pnt Ridge will be considering
the expansion of it Downtown Development A:tithciiity .(DPA,)"plOcket:'Currently, the DDA
district includes the Corniiiercial proPerties1.16iiithe' east: and west Side,pf Woôdward Avenue,
beginning at the South citY;,.4fmitS to t 696 on the 'The ptrOpoS.0 exiiansión,includes the
remaining poftkiii..-6t SrOb*.t.-Y,-.:thi the west Sidd.'of WOddWard AVOtik.:-.,TT,tisl'ared:cOnsists of
parkland and the Pleasant ltrige City Hall balking. All Properties ProePse'd for inclusion in the
DbA district are ilk ekni:Pt and owned by the City Of Pleasant4tidge );Iand therefore, the
expansion:will-have no effect on potential tai i.exerines. ;'"
' 4
AS one of taxing iiithori'dès r the fleaiant Ridge'DDADisintyati).'haVe78-(24 (69) days ; from the date orilie'tiOtice to respond to the ,4-parisidn propesal. Y .pu may coutactirne by
telephone at (240.54 ernail at sballpr@aol.corn, Or in writing '.anck..,I will share your 1.!
•
Resolution #03044 March 6, 2003
Moved by Moss supported by Zack the resolution be adopted.
AYES: Douglas, Gregory, Hatchett, Jamian, Knollenberg, KowaII, Law, Long, McMillin,
Middleton, Moffitt, Moss, Palmer, Patterson, Potter, Rogers, Scott, Suarez, Webster, Zack,
Bullard, Coleman, Coulter, Crawford. (24)
NAYS: None. (0)
A sufficient majority having voted therefore, the resolution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, G. William Caddell, 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 6, 2003,
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 6th day of March, 2003.
G. William Caddell, County Clerk
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