Next date: Monday, October 16, 2023 | 03:00 PM to 05:00 PM
This Downtown Development Authority (DDA) board is the governing body of a special purpose local authority established to halt deterioration and to foster development of the downtown business area. These activities are funded by revenue from a Tax Increment Financing (TIF) district and a 2 mill tax levy on property in the Downtown Development District.
The Downtown Economic Growth Authority (DEGA) was established by the Kalamazoo City Commission in October 2018 under the Corridor Improvement Authority (CIA) Act. Downtown authorities are designed to be catalysts in the development of a community’s downtown district and to assist with funding improvements along commercial corridors. Under the Act the DEGA has the authority to create a development plan, mapping out specific investments and improvements to be made within its boundaries, and to create a tax increment financing (TIF) plan identifying funding mechanisms.
A majority of the members must have an interest in property located in the downtown district, and the Mayor is an ex-officio member. At least one member must be a resident of the downtown district. Members serve four-year terms, limited to two consecutive terms with a four-year break.
The DDA & DEGA meet jointly on the third Monday of each month at 3 p.m. in the Community Room at City Hall.
Kalamazoo City Hall, 241 W South Street, Kalamazoo, 49007, View Map
241 W South Street , Kalamazoo 49007
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This event occurs on the Third Monday of every 1 month(s) for 4 times.
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