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With the properties that the DDA owns, isn’t the DDA becoming too involved in business issues?

April 26, 2017Business DDA involved isn’t owns properties

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With the properties that the DDA owns, isn’t the DDA becoming too involved in business issues?

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The purpose of a DDA is to become involved in economic issues. In 1975, the Michigan Legislature created Act 197, which allows communities to establish a Downtown Development Authority. According to the Act, the purpose of a DDA includes: correcting and preventing deterioration in business districts; encouraging historic preservation: authorizing the creation and implementation of development plans in the districts; and promoting the economic growth of the districts. Both the El Dorado and Links at Pinewood golf courses were on the public market for sale when the DDA purchased them in 2004. The purchase presented a valuable opportunity for the DDA to more effectively fulfill the purposes mentioned above. All business is conducted for the growth and betterment of the community.