Approved Agreements and Contracts 2024/08/13 Commercial Rehabilitation District 349 W. Western

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                          Agenda Item Review Form
                         Muskegon City Commission

Commission Meeting Date: August 13, 2024             Title: Request for the Establishment of a
                                                     Commercial Rehabilitation District, 349 W.
                                                     Webster, LLC, 349 W. Webster Ave.


Submitted by: Contessa Alexander, Development | Department: Economic Development
Analyst


Brief Summary:
Pursuant to Public Act 210 of 2005, as amended, 349 W. Webster, LLC is requesting the establishment
of a Commercial Rehabilitation District (PA 210) at 349 W. Webster Ave: to support further
development at 349 W. Webster Ave.


Detailed Summary & Background:
The developer is requesting the establishment of   a Commercial Rehabilitation District (PA 210) at 349
W. Webster Ave. The creation of the district will allow the building owner to apply for   a Commercial
Rehabilitation Certificate, which will freeze the taxable value of the building and exempt the new
real property investment from local taxes.


The project involves renovating the former Muskegon Public Schools administrative offices to
accommodate mixed uses, short term rentals, lodging, retail, and office spaces. The renovation will
preserve key historic componenis while repairing the exterior facade. The total capital investment is
over $11 million, and the project is expected to create 5 new jobs and 100 construction jobs during
rehabilitation.


Goal/Focus Area/Action Item Addressed:


Key Focus Areas:
Create an environment that effectively attracts new residents and retains existing residents by filling
existing employment gaps, attracting new and diverse businesses to the city, and expanding access
to a variety of high-quality housing options in Muskegon.


Goal/Action Item:
2027 Goal 2: Economic Development Housing and Business


Amount Requested:                                     Budgeted Item:

N/A                                                   Yes            No           N/A       X

Fund(s) or Account(s):                                Budget Amendment Needed:

N/A                                                   Yes            No           N/A       |X

Recommended Motion:
| move to close the public hearing and approve the attached resolution establishing       a Commercial
Rehabilitation District at 349 W. Webster Ave. and authorize the City Clerk and Mayor fo sign.
                                        Resolution No. 2024-75 (B)

                                      MUSKEGON CITY COMMISSION

         RESOLUTION APPROVING THE CREATION OF A COMMERCIAL REHABILITATION DISTRICT

                                          349 West Webster Ave.

WHEREAS, City staff has requested to establish a Commercial Rehabilitation District at 349 West
Webster Ave.; and


WHEREAS, the creation of this district is calculated to and will have the reasonable likelihood to retain,
      create, or prevent the loss of employment in Muskegon, Michigan; and

WHEREAS, the building at this location is at least 15 years old and is located in a downtown district; and

WHEREAS, a Public Hearing was held on August 13, 2024 at which the applicant, the assessor and
representatives of the affected taxing units were given written notice and were afforded an opportunity
to be heard;


NOW, THEREFORE, BE IT RESOLVED, the City Commission of Muskegon does hereby establish a
"Commercial Rehabilitation District" for the property at 349 West Webster Ave. on the following
described parcel of real property



                 CITY OF MUSKEGON REVISED PLAT OF 1903 ENTIRE BLOCK 335



Adopted this 13th Day of August 2024.



Ayes: Keener, German, Gorman, Kochin, St.Clair, Johnson, and Kilgo


Nays: None



Absent: None



                                              BY: Ol             LeAnne
                                                        Ken Johnson
                                                         Mayor




                                         ames You         Ann Meisch

                                                              Clerk
                                               CERTIFICATION


| hereby certify that the foregoing constitutes a true and complete copy of a resolution adopted by the Muskegon
City Commission, County of Muskegon, Michigan, at a regular meeting held on August 13, 2024.



                                                        Qa deaed>
                                                            Ann Meisch
                                                            Clerk

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