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Council approves contract for Corridor Improvement Authority planning for Gardens At Alpena

City of Alpena City Council · September 23, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Alpena council approved a services agreement with Mac Consulting Service LLC and a budget amendment to establish a Corridor Improvement Authority and prepare a development and TIF plan for the Gardens At Alpena project; the project's estimated cost is $16,520 to be split 50/50 with the developer.

Planning staff reported that as a follow-up to the purchase agreement for the US‑23 North property, the city needs to establish a Corridor Improvement Authority (CIA) and prepare a development and tax‑increment financing (TIF) plan to support the Gardens At Alpena development.

"The estimated total cost of the project is $16,520, but will be billed as actual…

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