Item Coversheet

City of Marquette, MI
300 West Baraga Avenue
Marquette, MI 49855


Agenda Date: 3/25/2024

Consent Agenda
Ordinance 729 - Downtown Development Authority TIF

BACKGROUND: 

At the March 11, 2024 meeting, the City Commission held a public hearing and approved the Marquette Downtown Development Authority's Development and Tax Increment Financing (TIF) Plan #4. In order to codify this TIF plan, an ordinance is required.

 

Per City Charter, an ordinance cannot be adopted at the meeting in which it is introduced. This item should be moved to the next regular meeting agenda for the second read.


FISCAL EFFECT: 
None.

RECOMMENDATION: 
Move Ordinance 729 to the next regular meeting agenda for consideration. 

ALTERNATIVES: 
As determined by the Commission.

ATTACHMENTS:
Description
Ord 729