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Finance Committee advances JED amendment to add roughly 53 commercial acres to council with emergency
Summary
The Finance Committee voted 5'1 to send ordinance 26-24 to council with emergency, approving an amendment to the JED to add about 53 acres (including a McDonald's and an assisted-living facility) for income-tax sharing with Amherst Township.
The Finance Committee approved sending ordinance 26-24 to council with an emergency designation, authorizing the mayor to amend the city's existing Joint Economic Development (JED) agreement with Amherst Township to add approximately 53 commercial acres. The mayor described the parcel as the area of new construction in the township and identified likely commercial uses, including a McDonald's and an assisted-living facility; the addition would allow the city and township to share income-tax revenue from those commercial entities.
Committee members asked whether the assisted-living facility would be treated as commercial or residential for tax purposes; the mayor said the township had amended zoning and that the facility would be included in income-tax collections. Council discussed annexation restrictions in JED agreements, utility responsibilities, and the modest administrative fee the city would receive for tax collection. After discussion the committee voted 5'1 to advance the amendment to council with emergency.
