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MISCELLANEOUS RESOLUTION #06237 December 14, 2006
BY: FINANCE COMMITTEE, CHUCK MOSS, CHAIRPERSON
IN RE: BOARD OF COMMISSIONERS — NOTICE TO INDEPENDENCE TOWNSHIP
CORRIDOR IMPROVEMENT AUTHORITY REGARDING OAKLAND COUNTY'S
DETERMINATION TO EXEMPT ITS AD VALORUM PROPERTY TAXES FROM CAPTURE
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Chairperson, Ladies and Gentlemen:
WHEREAS the Oakland County Board of Commissioners supports the economic growth
of Oakland County; and
WHEREAS among the tools used to promote this economic growth is Tax Increment
Financing (TIF) in the form of Downtown Development Authorities (DDAs), Local Development
Finance Authorities (LDFAs), and Corridor Improvement Authorities (ClAs); and
WHEREAS to review requests from the cities, villages, and townships to establish
DDAs, LDFAs, and ClAs, the Board of Commissioners has, pursuant to Miscellaneous
Resolution #99010, established the Tax Increment Financing District Review Policy Ad Hoc
Committee (Review Committee) to evaluate and recommend to the Finance Committee on the
County's participation in these proposed Authorities; and
WHEREAS the Review Committee has promulgated protocols and performance
standards for County participation in these Authorities, and this Board of Commissioners has
adopted these policies as guidelines to assist the County in its review of a municipality's plan;
and
WHEREAS on May 16, 2006, Independence Township passed a Resolution of Intent to
establish a Corridor Improvement Authority for Sashabaw Road; and
WHEREAS on June 20, 2006, the Township held a public hearing regarding the intent to
establish a CIA for Sashabaw Road and the proposed boundaries of the development area; and
WHEREAS on November 16, 2006, representatives of the CIA presented its
development plan to the County's Review Committee; and
WHEREAS the public hearing on the TIF plan is scheduled to be held on December 5,
2006; and
WHEREAS due to the timing of the Township's public meeting on the TIF plan, the
County Board of Commissioners' meeting and holiday schedule, and the 60-day statutory
timeframe within which a taxing jurisdiction, in this case the County, must act, the County Board
has determined to exempt County ad valorum property taxes from capture by the CIA pending
the resolution of certain issues and the presumptive successful negotiation of a contract
between the Charter Township of Independence, the CIA, and the County.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of
Commissioners hereby exempts County ad valorum property taxes from capture by the CIA
pending the resolution of certain issues and the successful negotiation of a contract between
the parties.
Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing
Resolution.
FINANCE COMMITTEE
Cf7"7-X-K
FINANCE COMMITTEE
Motion carried on a roll call vote with Rogers, Melton, Palmer, Coulter and Woodward absent.
Ruth Johnson, County Clerk
Resolution #06237 December 14, 2006
Moved by Molnar supported by Gregory the resolutions (with fiscal notes attached) on the Consent
Agenda, be adopted (with accompanying reports being accepted).
AYES: Coulter, Crawford, Douglas, Gershenson, Gregory, Hatchett, Jacobsen, Jamian, KowaII,
Long, Melton, Middleton, Molnar, Moss, Nash, Palmer, Potter, Rogers, Scott, Suarez, Wilson,
Zack, Bullard. (23)
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).
I MY APPROVE THE FOREGON MUNI
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Ruth Johnson, 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
December 14, 2006, 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 14th day of December, 2006.