Overview TIF History and Plans Reports and Stats Current Projects History Minutes, Agendas & Packets Downtown WiFi

 

Purpose and Governance

 

The Traverse City Downtown Development Authority was created in 1978 to halt property value deterioration and to increase property valuation where possible in the business district of the City; and to eliminate the causes of deterioration and to promote economic growth.  The DDA was created under Michigan Public Act 197 of 1975.

 

The DDA is governed by a 12-member Board appointed by the Mayor with concurrence by the City Commission. Click here for a list. The meetings take place at the Governmental Center, 400 Boardman, Traverse City, MI 49684. Click here for the 2014 meeting schedule.

 

Budgets

 

The DDA operates under three budgets: an operational budget and separate budgets for the two development districts. DDA operations are funded out of the DDA's general fund, whereas public capital improvements are funded out of the TIF 2 fund and TIF 97 fund. Learn more about the TIF Districts here.

 

Proposed Budgets for Fiscal Year 2014-15 can be viewed here.

 

Contact

 

Click here for contact information.