Section 26.32
Pursuant to section 19(1) of Act 197, the village council hereby finds and determines in accordance with section 19(1) of Act 197 as follows: The development plan and tax increment financing plan constitute and embody a public purpose of the village; The development plan and tax increment financing plan meet the requirements set forth in sections 14(2) and 17(2) of Act 197; The proposed method of financing the development activities described in the development plan and tax increment financing plan is feasible, and the downtown development authority has the ability to arrange the financing; The development activities described in the development plan and tax increment financing plan are reasonable and necessary to carry out the purpose of Act 197; The land to be acquired within the downtown development authority district is reasonably necessary to carry out the purposes of the development plan and tax increment financing plan and the purposes of Act 197; The development plan and tax increment financing plan are in reasonable accord with the approved master plan of the village; 7/27/26, 10:12 AM Mayville, MI Code of Ordinances about:blank 57/202 (8) (b) (c) (a) (b) Public services such as fire and police protection and utilities are or will be adequate to service the downtown development authority district; and Such changes in zoning, streets, street levels, intersections and utilities as are contemplated by the development plan and tax increment financing plan are reasonably necessary for the project and for the village. In accordance with the considerations listed in subsection (a) of this section, the downtown development authority development plan and tax increment financing plan are hereby approved. A copy of the development plan and tax increment financing plan, and all respective amendments thereto, shall be maintained on file in the village clerk's office and cross indexed to this article. (Ord. No. 118, § 2, 5-20-1997)