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Commission approves New Market Commons PILOT ordinance and sends letter of support to state agency; one commissioner abstains
Summary
The Bay City Commission voted March 16 to adopt an ordinance amendment creating a Payment in Lieu of Taxes (PILOT) for New Market Commons and approved a city-manager letter of support to the Michigan State Housing Development Authority; Commissioner Kubiak abstained on related votes.
The Bay City Commission on March 16 adopted an ordinance amendment to Chapter 46 of the municipal code establishing Division 6, New Market Commons, to allow a Payment in Lieu of Taxes (PILOT) for a Bay City Housing Commission affordable housing project at 501 Columbus Avenue.
Commissioner Duette moved to approve the ordinance amendment; Commissioner Cochley seconded. During discussion Commissioner Duette sought clarification about the pilot’s duration…
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