Title
Resolution Establishing Ann Arbor Commercial Rehabilitation District No. 2018-001 - Kensington Hotel
Memorandum
Attached please find for Council action the necessary resolution to establish a Commercial Rehabilitation District upon the request by Barbara Herzig, on behalf of Graham Hotel Systems, the parent company of The Kensington Hotel and the Holiday Inn Express, located at 3500 S State Street on August 16, 2018.
Public Act 210 of 2005, The Commercial Rehabilitation Act, encourages the rehabilitation of commercial property by abating the property taxes generated from new investment for a period up to 10 years.
State law requires that a Commercial Rehabilitation District may be established after a public hearing by the local governing body. Establishment of a Commercial Rehabilitation District is required prior to receipt of any applications for a Commercial Rehabilitation Exemption Certificate within the Commercial Rehabilitation District.
Staff
Prepared by: Michael Gonzales, Interim Assessor
Reviewed by: Tom Crawford, Financial Services Area Administrator and CFO
Approved by: Howard S. Lazarus, City Administrator
Body
Whereas, Pursuant to Public Act 210 of 2005, as amended, the City Council has the authority to establish "Commercial Rehabilitation Districts" within the City of Ann Arbor;
Whereas, Barbara Herzig, on behalf of Graham Hotel Systems, Inc. ("Applicant") filed a written request with the City Clerk requesting the establishment of a Commercial Rehabilitation District on the Applicant's property and located in the City, which is described below (referred to herein as "the Proposed District");
Whereas, After receiving the Applicant's request, the City Council set a public hearing to be held on September 17, 2018, for the Council to consider to whether the Proposed District should be created;
Whereas, Written notice of such hearing was given by certified mail to Washtenaw County and all owners of real property located within the Proposed...
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