Local Development Finance Authority

Local Development Finance Authority


"The Local Development Financing Act (LDFA), Public Act 281 of 1986, as amended, allows eligible entities to establish area boundaries, create and implement a development plan, acquire and dispose of interests in real and personal property, issue bonds and use tax increment financing to fund public infrastructure improvements for eligible property. The tool is designed to promote economic growth and job creation. Communities across Michigan have used this tool to support companies in manufacturing, agricultural processing, and high technology operations."

-Excerpt from the Michigan Economic Development Corporation, Pure Michigan

For the full article, please click on the link above


Promotional Video provided by No Limit Images.


LDFA Chair

Phil Utter
Term Expires September 30, 2020

LDFA Vice Chair
Paul Harmon
Term Expires September 30, 2020

LDFA Secretary
Bill Call
Term Expires September 30, 2019

Members of the Board

GavelEd Alverson
Term Expires September 30, 2019
Carol Hill
Term Expires September 30, 2019
Ron Daly
Term Expires September 30, 2019
Doug Helzerman
Term Expires September 30, 2020

Administrative Contact
Michelle Lamb
mlamb@fowlerville.org
517-223-3771 x15


Fowlerville Local Development Finance Authority

 Specific Projects and Initiatives for 2018 were :

1. Created a Promotional Video showcasing the LDFA District . The Video included recent infrastructure improvements , new private investment within the District , Jobs created and other positive facts about the Fowlerville LDFA District .

 2. Completion of the Garden Lane Reconstruction Project .

 3. Completion of National Park Drive Phase I . 

4. Worked with the Livingston County Economic Development Council and Ann Arbor Spark to further promote the Fowlerville LDFA District .

 
Board Minutes

Annual Budget

2018-2019 Budget

Annual Audit

2018 Village of Fowlerville Audit
2017 Village of Fowlerville Audit
2016 Village of Fowlerville Audit

Annual Finance Report

2017-2018 LDFA Finance Report


Development Plan & Tax Increment Plan

Development Plan & Tax Increment Finance Plan-1993
Resolution-1993
Second Amended & Restated Tax Increment Financing and Development Plan-1998
Addendum I-1999
Addendum II-1999
Second Amended & Restated Tax Increment Financing and Development Plan-2004
Introduction-2014
Amendment to Tax Increment Financing and Development Plan-2014

LDFA Current Contracts

Economic Development Council of Livingston County