ePacket (Downtown Development Authority)
Event Date: 2025-05-14
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This document summarizes the agenda and minutes of the Suttons Bay Downtown Development Authority (DDA) meetings, along with an informational guide about the DDA’s purpose and operations. The agenda for the May 14, 2025, meeting includes items such as a consultant report and bathroom updates. The April 9, 2025, meeting minutes reflect approvals of the agenda and previous minutes. Key discussion points included soil testing for the marina/bathroom project and a report on Tax Increment Financing (TIF) net steps, with the Leelanau County Board of Commissioners opting out of DDA participation.
The document includes details about the DDA’s role in revitalizing the downtown district. It highlights the use of TIF to fund public infrastructure improvements, support small businesses, and attract visitors and residents. The guide also answers frequently asked questions about TIF, clarifying that it does not raise taxes but captures new revenue from rising property values, benefiting various entities within the county.
The DDA’s current projects are highlighted, including year-round restrooms at Marina Park, a marina pedestrian bridge (seeking funding/grants), and a pavilion at Marina Park. The total investment in these projects is $851,616. The document emphasizes the economic impact of the downtown area, including its high tax revenue generation per acre compared to the county and township.
The informational guide concludes by reiterating the benefits of the DDA and how TIF allows Suttons Bay to reinvest in its downtown to make it stronger and more valuable. It also mentions the presumed timeline for the TIF plan. The DDA is seeking support for regionally beneficial projects.