Lake Orion – adoption of DDA TIF and Development plans

VILLAGE OF LAKE ORION

SYNOPSIS OF ORDINANCE ADOPTED

ORDINANCE AMENDMENT NO. 36.05

TO THE VILLAGE OF LAKE ORION

CODE OF ORDINANCES

TO APPROVE AND ADOPT

AMENDMENT NO. 4

TO THE TAX INCREMENT

FINANCING PLAN AND THE

DEVELOPMENT PLAN

FOR THE DOWNTOWN

DEVELOPMENT DISTRICT

At its Regular Meeting of January 13, 2020, the Lake Orion Village Council accepted for second reading and adopted Ordinance 36.05, an Ordinance to amend the Village of Lake Orion Code of Ordinances to Approve and Adopt Amendment No. 4 to the Tax Increment Financing Plan and the Development Plan for the Lake Orion Downtown Development District and Amend Ordinance No. 36.04

The effect of this ordinance is to serve as the DDA’s guiding policy and communicates the general vision and specific projects the DDA can undertake over the next several decades.

The Ordinance is effective upon the publication of this synopsis. The complete text of the Ordinance is on file in the office of the Village Clerk and available for public inspection during regular Village office hours located at 21 E. Church Street, Lake Orion, Michigan, Monday through Friday from 9:00 a.m. to 4:30 p.m.

For additional information, please contact the Village Clerk (693-8391 ext. 102).or galeczkas@lakeorion.org.

Susan C. Galeczka, CMC CCMC

Village Clerk

Publish: The Lake Orion Review: January 22, 2020

Posted: January 14, 2020

 

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