HomeMy WebLinkAboutResolutions - 2006.06.15 - 28178MISCELLANEOUS RESOLUTION #06115 June 25, 2006
BY: FINANCE COMMITTEE, CHUCK MOSS, CHAIRPERSON
IN RE: BOARD OF COMMISSIONERS - VILLAGE OF HOLLY DOWNTOWN
DEVELOPMENT AUTHORITY - "OPT OUT"
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 this economic growth is tax
increment financing in the form of Downtown Development Authorities (DDAs), Tax
Increment Finance Authorities (TIFAs) and Local Development Finance Authorities
(LDFAs); and
WHEREAS to review requests from the County's cities, villages and
townships to establish DDAs, TIFAs and LDFAs, the Board of Commissioners,
pursuant to Miscellaneous Resolution #99010, established the Tax Increment
Financing (TIF) District Review Policy Ad Hoc Committee (Ad Hoc Committee) to
evaluate and recommend to the Finance Committee on the County's participation in
these proposed authorities; and
WHEREAS pursuant to Miscellaneous Resolution 401-067, this Board of
Commissioners determined to participate in the Village of Holly DDA; and
WHEREAS the County, the Village of Holly, and the Village of Holly DDA
entered into an agreement dated May 24, 2001, which provided for the County's
participation in the then proposed DDA development district, limiting County
participation to an amount not to exceed 540,000.00 and/or five (5) years
beginning with the base year of 2000; and
WHEREAS the DDA is currently in the process of amending its boundaries to
reduce the percentage of single family residential and to include the parcel
more commonly known as Crap° Park and, concomitantly seeks an expanded role for
County participation in the tax increment process; and
WHEREAS the Village and DDA held a public hearing on April 25, 2006
concerning the amended boundaries of the plan; and
WHEREAS the DDA and the Village appeared before the Ad Hoc Committee on
May 11, 2006, to present the proposed plan and to seek a revised contract and
the expansion in County tax capture by way of renewed County participation; and
WHEREAS faced with the legal mandate that the County act on the issue of
tax capture exemption within 60 days of the April 25, 2006 public hearing, the
Ad Hoc Committee recommends to the Finance Committee that the County exempt its
taxes from capture by the proposed revised DDA; and
WHEREAS the Ad Hoc Committee further recommends that the County, through
its Corporation Counsel, attempt to negotiate a contract renewal consistent with
the DDA's presentation to the Ad Hoc Committee on May 11, 2006.
NOW THEREFORE BE IT RESOLVED that, pursuant to Section Three (3) of 1975
Public Act 197, as amended, MCLA 125.1653(3), the Oakland County Board of
Commissioners hereby exempts its taxes from capture by the Proposed
Modifications to the TIE and Village of Holly Downtown Development Plan.
BE IT FURTHER RESOLVED that the County, through its Corporation Counsel,
will negotiate a contract with the Village and the DDA consistent with the
concepts presented to the Ad Hoc Committee on May 11, 2006.
BE IT FURTHER RESOLVED that when a contract is successfully negotiated,
the County may revise its decision to exempt its taxes from capture by the DDA.
Chairperson, : move the adoption of the foregoing resolution.
FINANCE COMMITTEE
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FINANCE COMMITTEE
Motion carried unanimously on a roll call vote with Palmer and Woodward absent.
Resolution #06115 June 15, 2006
Moved by Molnar supported by Coulter the resolutions (with fiscal notes attached) on the Consent
Agenda, as amended, be adopted (with accompanying reports being accepted).
AYES: Coleman, Coulter, Crawford, Douglas, Gershenson, Gregory, Hatchett, Jamian, KowaII,
Long, Melton, Middleton, Molnar, Moss, Nash, Palmer, Patterson, Potter, Rogers, Scott, Suarez,
Wilson, Woodward, Zack, Bullard. (25)
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 MEV APFIEVE TIE FOREGOING IESOWTPJN
C
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 June 15, 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 15th day of June, 2006.
Ruth Johnson, County Clerk
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