NOTICE OF PUBLIC HEARING
Ordinance No. 603 — Repeal Chapter 884 and establish Chapter 885 “Downtown Development Authority Development and Tax Increment Financing Plan” to formally approve and adopt a Development and Tax Increment Financing Plan
NOTICE IS HEREBY GIVEN that a Public Hearing will be held in the Council Chambers of Ionia City Hall, 114 N. Kidd Street, Ionia, Michigan, on Wednesday, April 1, 2026, at 6:30 PM at a meeting of the Ionia City Council, to receive comments on Ordinance No. 603 and the Downtown Development Authority (DDA) Development and Tax Increment Financing (TIF) Plan. If approved, this ordinance will approve and adopt the Development and TIF Plan. Following the public hearing the City Council will be asked to approve the ordinance on second reading. The ordinance will become effective immediately upon publication.
The City of Ionia complies with the "Americans with Disabilities Act." If auxiliary aids or services are required at a public meeting for individuals with disabilities, please contact Jonathan Bowman, City Clerk, at least three (3) business days prior to any such meeting. The following is a summary of the proposed ordinance.
AN ORDINANCE TO REPEAL PART EIGHT, TITLE FOUR, CHAPTER 884 ENTITLED “DEVELOPMENT AND TAX INCREMENT FINANCING PLAN FOR THE DOWNTOWN DEVELOPMENT AUTHORITY” AND ENACT A NEW CHAPTER 885 ENTITLED “DOWNTOWN DEVELOPMENT AUTHORITY DEVELOPMENT AND TAX INCREMENT FINANCING PLAN” OF THE CODIFIED ORDINANCES OF THE CITY OF IONIA TO APPROVE AND ADOPT THE DEVELOPMENT AND TAX INCREMENT FINANCING PLAN FOR THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF IONIA
Section 1 Repeal Chapter 884 “Development and Tax Increment Financing Plan for the Downtown Development Authority”
Section 2 Enact a new Chapter 885, entitled “Downtown Development Authority Development and Tax Increment Financing Plan”
Section 3 Repealer
Section 4 Severability
Section 5 Publication and Effective Date
The DDA Development and TIF Plan is proposed for a 30-year term with an initial assessed value for the Development Area of $12,070,390. The tax increment levy applicable within the Development Area consists of the combined millage rates levied by the eligible taxing jurisdictions. The participating taxing jurisdictions and the millage rates subject to capture total 16.9674 mills per $1,000 of taxable value. Over the 30-year term for the Plan, an estimated $3,606,032.75 of tax increment revenues will be captured for use within the Development Area on a variety of projects outlined in the Plan. No persons will be displaced in connection with this Plan. The following chart describes the Development Area.
Public Streets within the Development Area | ||
Street Name | From | To |
Adams | Main | Church |
Brown Boulevard | Dexter | Steele |
Nash Boulevard | Brown | Steele |
Steele | Dexter | Washington |
Dexter | Steele | Lincoln Avenue |
Well | Dexter | ~275 Ft. West of Dexter |
Hudson | Main | Adams |
Library Court | Washington | Main |
Kidd | Washington | Adams |
Depot | Washington | Adams |
Main | ~250 Ft. West of Adams | Church |
High | Dexter | ~280 Ft. East of Dexter |
Lincoln Avenue | Hall | ~160 Ft. East of Baldie |
A complete copy of Ordinance No. 603 and the proposed DDA Development and TIF Plan are available for public review at www.cityofionia.org or at Ionia City Hall. Questions or comments may be directed to Jonathan Bowman, Assistant City Manager and City Clerk at 616-523-0147, jbowman@ci.ionia.mi.us, or in writing to the address provided below.
By: Jonathan Bowman,
Ionia City Clerk
114 N. Kidd St.
P.O. Box 496
Ionia, MI 48846