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Downtown Development Authority seeks council direction on boundary, proposes 70/30 TIF gain‑share
Summary
Downtown Development Authority director presented a development plan and asked City Council for direction on possible boundary expansion and a proposed change to Ann Arbor's TIF model toward a 70/30 DDA/other taxing unit split.
The Downtown Development Authority (DDA) presented its long‑range development plan and asked City Council for direction at a work session next Thursday. The DDA’s executive director summarized the agency’s planning process, explained the boundary and finance tradeoffs under consideration, and previewed a proposed change to how tax increment financing (TIF) capture is shared among taxing units.
According to the presentation, the DDA’s existing…
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