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The City Council voted unanimously to request that the Oakland County Brownfield Redevelopment Authority review a brownfield plan for 28 North Saginaw, a prominent downtown property proposed for conversion to residential lofts, and adopted language conditioning the city's final approval on a community benefits agreement.
Economic development manager Deborah Younger described 28 North Saginaw as "one of the signature buildings for our downtown" and said the redevelopment would create roughly 114 residential units with rents aimed at 80%–120% of area median income. She said the city had already approved a first package of tax incentives and that a brownfield plan would help close the remaining funding gap.
Pro Tem Carrington successfully offered an amendment that added a final "whereas" stating that city approval would be expressly conditioned on implementing a community benefits agreement addressing priorities and protections for the community. Council discussed enforcement and remedies; Younger and the administration explained the community-benefits ordinance allows council discretion on remedies and that penalties could include suspension of incentives or a one-time payment scaled to project value. Younger gave an example calculation saying a 0.5% one-time payment on a roughly $6 million project would be approximately $300,000, but she said the actual terms will be set when the plan returns to council after the county review.
Administration said the county plans to review the brownfield plan on Dec. 9; council adopted the request to forward the plan for county review and to expect a concurrent community-benefits agreement to be developed for ratification when the project returns to city council.
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