Corridor Improvement Authority Board


Statute(s)

Public Act 280 of 2005. MCL 125. 2871 et seq. as amended – “Corridor Improvement Authority Act”
Resolution. CM-09-356-15.



Appointing Authority
Mayor



Composition
There are seven members on this Board and the Mayor (or designee). There is to be at least one resident of the development area or an area within one-half mile of any part of the Area majority. Members shall have ownership or business interest in property within the area.



Terms
The Board Members serve four year terms that expire on August 31.



Meeting Dates and Times
This Board meets on the third Thursday of the month at 12 noon.



Meeting Location
Executive Conference Room
City of Oak Park
14000 Oak Park Blvd.
Oak Park, MI 48237



Purpose
To develop and execute projects that will halt property value deterioration and increase property tax valuation; eliminate the causes of deterioration; and maintain and upgrade the economic viability of the designated business corridor using tax increment financing, or TIF, and grant funding for a 20-year period. The Corridor encompasses Nine Mile Road from Cloverlawn east to the City of Ferndale border, and Coolidge Highway for its entire span within the City of Oak Park. TIF is a governmental financing mechanism which contributes to economic growth and development by dedicating a portion of the tax base resulting from economic growth and development to certain public facilities and structures or improvements of the type designed and dedicated to public use.



Actively Serving Members

The following individuals are active members of this Board:
Zeana Attisha
Michael Berger
Jack Blumenkopf
Daveda J. Colbert, Ph.D.
Marian McClellan, Mayor
Ray Moulden
Patrick Peteet
vacancies - none

Staff Liaison: Kimberly Marrone, Manager of Community and Economic Development



Events and Activities



By-Laws
Yes



Rules of Procedure
Robert's Rules of Order



Agendas



Meeting Minutes
October 20, 2016
December 15, 2016
January 19, 2017

May 18, 2017