[Ord. No. 2006-02, 5-21-2006]
(1)
Determination of necessity. It is hereby determined that:
(a)
There are no findings or recommendations of a development area citizens
council, as there was no statutory requirement to form such a development
area citizens council;
(b)
The proposed development plan and tax increment financing plan meets
the requirements set forth in Act 197 of the Public Acts of 1975,
as amended;
(c)
The proposed method of financing the proposed development is feasible
and the downtown development authority of the Charter Township of
Meridian has the ability to arrange the financing;
(d)
The proposed development is reasonable and necessary to carry out
the purposes of Act 197 of the Public Acts of 1975, as amended;
(e)
Any land included within the proposed development area is reasonably
necessary to carry out the purposes of the proposed Development Plan
and Tax Increment Financing Plan and of Act 197 of the Public Acts
of 1975, as amended, in an efficient and economically satisfactory
manner;
(f)
The proposed development plan and tax increment financing plan is
in reasonable accord with the Master Plan of the Charter Township
of Meridian;
(g)
Public services, such as fire and police protection and utilities,
are or will be adequate to service the proposed project area;
(h)
Any changes in zoning, streets, street levels, intersections and
utilities are reasonably necessary for the proposed project and for
the Charter Township of Meridian; and
(i)
The proposed development plan and tax increment financing plan constitutes
a public purpose.
(2)
Approval of the plan. The proposed development plan and tax increment
financing plan is hereby approved.
