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Council adopts resolution urging governor to designate two Marquette County census tracts as Opportunity Zones
Summary
The council adopted Resolution 19‑2026 expressing support for the governor to designate Census Tracts 19 and 20 in Marquette County as federal opportunity zones to encourage private investment and redevelopment.
Council reviewed and adopted a resolution (Resolution 19‑2026) expressing support for designation of Census Tracts 19 and 20 in Marquette County as federal opportunity zones. The resolution lists the city's investments in infrastructure, its recent strategic planning, and redevelopment readiness as reasons the governor should include the tracts for opportunity zone designation.
Councilors discussed how opportunity zones can encourage private capital investment through capital‑gains tax deferral mechanisms and noted the designation would complement local efforts to revitalize downtown, expand housing and increase taxable value. The council moved to adopt the resolution and carried the motion by voice vote.
