Downtown Development Authority
The Downtown Development Authority (DDA) was created in coordination with Ada Township, and has the authority and capability to develop, finance, own and operate a variety of public improvements and programs intended to improve and enhance the Village of Ada Township.
The DDA is governed by the DDA Board which is appointed by the Township Supervisor, with approval by the Township Board. A majority of the Board must be property owners or business owners in the DDA district. Learn more about your DDA Board Members.
For information about the Recodified Tax Increment Financing Act 57 of 2018, please click here.
(Act 197 of 1975, Repealed. 2018, Act 57, Eff. Jan. 1, 2019)
Development Plan and Tax Increment Financing Plan for the DDA District
In Spring 2009, the Downtown Development Authority Board and the Ada Township Board adopted a “Development Plan and Tax Increment Financing Plan” for the DDA District. This plan identifies the public improvement projects which the DDA proposes to undertake in the future, and the means by which those projects could be financed. The primary source of financing proposes for these projects is referred to as "tax increment financing," or "TIF."
Under a TIF Plan, increases in property tax revenue from the incremental increase in taxable value of property within the DDA District that is over and above the 2008 base year taxable value that normally would be collected by other Township funds, including the General Fund, Parks and Recreation Fund, Parks and Land Preservation Fund and Public Safety Fund, is instead collected by the DDA, for a specified number of years, as provided in the Plan. All of these Township funds continue to collect the property tax revenue based on the base year (2008) taxable value.
The TIF Plan anticipates that additional funding sources in addition to TIF revenue, including funding from other governmental agencies, grants and property owner donations, will be needed to complete all of the public improvements identified in the Plan.
Board Minutes
Downloads:
DDA Current Contracts
Jennie Mac Anaspie dba Opt In Marketing, 7500 Treeline Dr, Grand Rapids, MI - Farmer's Market Management Services
Seyferth PR, 40 Monroe Center St, Grand Rapids, MI - Media Relation Services
VanVossen Property Services, 7120 Driftwood Dr, Ada, MI - Snow Removal Services
RRR Lawn & Landscape, 6757 Cascade Rd SE Ste 121, Grand Rapids, MI - Streetscape Maintenance and Flower Planting Services
The Community Church, 7239 Thornapple River Dr SE, Ada, MI - Use of parking lot for Farmers Market
Holladay Photography, 2228 Thornapple River Dr. Grand Rapids, MI - Professional Photography Services