Ann Arbor logo
Share to Facebook Share to Twitter Bookmark and Share
Body Name:
select
Type: Component Unit
Meeting location: Larcom City Hall, 301 E Huron St, Second floor, City Council Chambers

previous daynext daytoday

Select date
Calendar
Title and navigation
Title and navigation
<<<December 2017><<
December 2017
SMTWTFS
     12
3456789
10111213141516
17181920212223
24252627282930
31      

Dec, 2017

Mon
Tue
Wed
Thu
Fri
Local Development Finance Authority (LDFA) 8:15 AM     Export to iCalendar
Special Meeting - held at Downtown Development Authority (DDA)
Local Development Finance Authority (LDFA) 8:15 AM     Export to iCalendar
Special Meeting - held at Downtown Development Authority (DDA)

How Established
Please see the LDFA Website for more information.
The LDFA was approved by a City Council resolution approved June 27, 2002, in conjunction with the City of Ypsilanti.

Purpose
A financing mechanism that allows the 'capture' of the incremental taxes for reinvestment within the boundaries of the authority. The funds will be used to support business services provided by the Ann Arbor IT Zone to emerging businesses, and to assist in providing high-speed data communications to the SmartZone area and businesses in that area. City Council affirmed the continuing public purpose of the Ann Arbor/Ypsilanti SmartZone LDFA and its role in facilitation of the commercialization of research products being developed at University of Michigan and Eastern Michigan University, and the development and support of new and existing technology-led economic development by Resolution R-14-175 on June 2, 2014.

Membership / Committee Composition
6 members from the City of Ann Arbor appointed by the Ann Arbor City Council.
3 members from the City of Ypsilanti appointed by Ypsilanti City Council.
2 ex-officio non-voting members consisting of a representative from the MEDC and a representative from the Accelerator.
In addition, the Board may appoint other ex-officio non-voting members for the Board.

Contact Info
Ann Arbor SPARK
201 S. Division, Suite 430
Ann Arbor, MI 48104
734-761-9317 / 888-SPARK-01