Title
Resolution Urging the Washtenaw County Commission to Renew Act 88 Economic Development Millage
Body
Whereas, Washtenaw County currently levies a property tax millage of 0.043 mills pursuant to MCL 46.161 ("Act 88") to support economic development activities in Washtenaw County, at a cost of approximately $5.38/year for a home with a market value of approximately $250,000;
Whereas, The Act 88 Economic Development Millage in Washtenaw County generates funds that have been leveraged by the City of Ann Arbor, Washtenaw County, and other local governments to support various economic development programs, including SPARK;
Whereas, The monies raised by the Act 88 Economic Development Millage are vital to efforts by the City of Ann Arbor and Washtenaw County to promote local economic development; and
Whereas, The Washtenaw County Commission will soon consider whether to renew the Act 88 Economic Development Millage;
RESOLVED, That the Ann Arbor City Council urges the Washtenaw County Commission to vote to renew the Act 88 Economic Development Millage; and
RESOLVED, That the City Administrator shall send a certified copy of this resolution to the Chair of the Washtenaw County Commission.
Sponsor: Taylor, Hohnke, Smith, Teall