“The purpose of the City of Flint Downtown Development Authority (hereinafter referred to as City of Flint DDA or DDA) is to act in accordance with Act 197 of the Public Acts of 1975 (“Act 197”), as such statute may be amended from time to time, including: to correct and prevent deterioration in the downtown district; to encourage historical preservation, to create and implement development plans in the district, to promote economic growth and redevelopment of the district, and to encourage the expansion of commercial enterprises in the downtown district.”
Attached below are the full DDA Bylaws. Click below to learn more and access the full document.
“AN ACT to provide for the establishment of a downtown development authority; to prescribe its powers and duties; to correct and prevent deterioration in business districts; to encourage historic preservation; to authorize the acquisition and disposal of interests in real and personal property; to authorize the creation and implementation of development plans in the districts; to promote the economic growth of the districts; to create a board; to prescribe its powers and duties; to authorize the levy and collection of taxes; to authorize the issuance of bonds and other evidences of indebtedness; to authorize the use of tax increment financing; to reimburse downtown development authorities for certain losses of tax increment revenues; and to prescribe the powers and duties of certain state officials.”
Attached below is the full DDA Downtown Development Authority Act 197 of 1975. Click below to access the full document.