HomeMy WebLinkAboutResolutions - 2007.04.05 - 28351MISCELLANEOUS RESOLUTION 107068 April 5, 2007
By: Finance Committee, Mike Rogers, Chairperson
IN RE: BOARD OF COMMISSIONERS — NOTICE TO WHITE LAKE 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 (CIAs); and
WHEREAS to review requests from the cities, villages, and townships to establish DDAs,
LDFAs, and CIAs, 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 October 17, 2006, White Lake Township adopted Ordinance No. 127,
creating a Corridor Improvement Authority for Highland Road; and
WHEREAS on February 20, 2007, the White Lake Township Board of Trustees held a
public hearing on the Tax Increment Financing Plan and Development Plan for the White Lake
Township Corridor Improvement Authority; and
WHEREAS on March 15, 2007, representatives of the White Lake Township CIA
presented its development plan to the County's Review Committee; and
WHEREAS the Review Committee discussed several concerns and requested additional
information and further review by the White Lake Township CIA; and
WHEREAS due to the timing of the Township's public hearing on the TIF plan, and the
60-day statutory timeframe within which a taxing jurisdiction, in this case the County, must act,
the County Board of Commissioners 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 these issues in a contract between White Lake Township, 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 White
Lake Township 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
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FINANCE COMMITTEE
Motion carried unanimously on a roll call vote.
Resolution #07068 April 5, 2007
Moved by Rogers supported by Nash the resolutions (with fiscal notes attached) be adopted (with
accompanying reports being accepted).
AYES: Burns, Coulter, Crawford, Douglas, Gershenson, Gingell, Gosselin, Gregory, Greimel,
Hatchett, Jacobsen, Long, Middleton, Nash, Potter, Potts, Rogers, Scott, Spector, Suarez,
Woodward, Zack, Bullard. (23)
NAYS: KowaII. (1)
A sufficient majority having voted in favor, the resolutions (with fiscal notes attached) were adopted (with
accompanying reports being accepted).
IIBBY APPROVE MORMON WOW=
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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 April 5, 2007, 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 5th day of April, 2007.
Ruth giAtg, County Clerk