Council Delays Vote on DDA Tax Capture
Several revisions to a city ordinance governing the Ann Arbor Downtown Development Authority (DDA) were postponed by the city council at its March 4, 2013 meeting. Some of the proposed revisions would have an impact of several million dollars over the next two decades, affecting several jurisdictions besides Ann Arbor. The postponement was until the council’s March 18 meeting.
Ann Arbor Downtown Development Authority tax increment finance district is shown in blue.
Among the revisions to Chapter 7 that are being considered by the council … [Full Story]