Market Tax Capture Sharing Agreement Sample Contracts

Chairperson Gilchrist and Members of the DDA Board:
Market Tax Capture Sharing Agreement • February 17th, 2023 • Michigan

In 2009, the city approved a Brownfield Plan for the Station 65 Redevelopment Project, located at 65 Market Street. In connection with the Brownfield Plan, the Brownfield Authority entered into a Reimbursement Agreement with Station 65, pursuant to which it will reimburse Station 65 for certain costs incurred in accordance with the redevelopment.

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