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(A) Established; powers generally. Pursuant to Public Act 57 of 2018, being M.C.L.A. §§ 125.4201 to 152.4230, as amended, the city does hereby establish a Downtown Development Authority for the city. The Authority shall analyze the impact of economic changes and growth in the Downtown District and develop plans to promote orderly economic growth in the Downtown Development District. The Authority shall be a public body corporate and shall be known and exercise its powers under the title of “Charlevoix Downtown Development Authority”. The Authority may adopt a seal, may sue and be sued in any court in the state and shall possess all of the powers necessary to carry out the purpose of its establishment as provided by this subchapter and Public Act 57 of 2018, being M.C.L.A. §§ 125.4201 to 152.4230. The enumeration of a power in this subchapter or in Public Act 57 of 2018, being M.C.L.A. §§ 125.4201 to 152.4230, shall not be construed as a limitation upon the general powers of the authority. The Authority shall implement a development plan in the Downtown District as necessary to achieve the purposes of the Downtown Development Act, all in accordance with the powers granted by this subchapter and Public Act 57 of 2018, being M.C.L.A. §§ 125.4201 to 152.4230.
(Prior Code, § 1.275)
(B) Downtown Development Authority Board; membership; terms. The Authority shall be under the supervision and control of a board consisting of the Mayor and eight members as provided by Public Act 57 of 2018, being M.C.L.A. §§ 125.4201 to 152.4230. The members shall be appointed by the Mayor, subject to approval by the City Council. The Board members shall hold office for the terms provided in Public Act 197 of 1975, as amended, being M.C.L.A. §§ 125.4201 to 152.4230. All members shall hold office until the Board member’s successor is appointed. A Board member shall take office by swearing and subscribing to the constitutional oath of office.
(Prior Code, § 1.277)
(C) Powers of the Authority. Except as specifically otherwise provided in this subchapter, the authority shall have all powers provided by law subject to the limitations imposed by law and herein. The Authority, with the approval of the City Council, may levy an ad valorem tax on the real and tangible personal property not exempt by law and as finally equalized in the Downtown District. The tax shall not be more than two mills. The tax shall be collected by the city at the same time and in the same manner as the city collects its other ad valorem taxes. The tax shall be paid to the Treasurer of the Downtown Development Authority and credited to the General Fund of the Authority.
(Prior Code, § 1.278)
(D) Directors; bond and director. If a Director is employed as authorized by Public Act 57 of 2018, being M.C.L.A. § 125.4205, that director shall post bond in the penal sum of $5,000 as required by such section of such Public Act 57 of 2018, being M.C.L.A. § 125.4205, and by this subchapter.
(Prior Code, § 1.279)
(1) Within 30 days after the appointment of the Board of the Downtown Development Authority, the Chairperson of such Board shall call a meeting of the Board. The Chairperson shall open the meeting and call for an election of other Board officers which shall consist of the following officers:
(b) Treasurer; and
(2) The Board shall prepare bylaws to govern the procedure of meetings and powers of its officers.
(Prior Code, § 1.280)
(Ord. 397, passed 4-19-1982; Ord. 448, passed 4-15-1985)