Corridor Improvement Authority
The City of Oak Park has been actively pursuing ways to create vibrant corridors. For years, the disinvestment in the commercial corridors in Oak Park has created a need for revitalization. The purpose of this plan is to maintain and upgrade the economic viability of the designated corridors for a period of twenty years. This plan will not be renewed.
The City Council, determining that it is necessary in the best interest of the public to halt property value deterioration and increase property tax valuation where possible in its business districts, to eliminate the causes of deterioration and to promote economic growth, hereby declares its intention to and hereby does create and provide for the operation of the City of Oak Park Corridor Improvement Authority, pursuant to Act No.280, 2005, MCL 125.2871 et seq. as amended, of the State of Michigan. In the adopted Resolution No. CM-09-356-15 approving the creation of the Corridor Improvement Authority (“CIA”), the Board was established and the TIF and Development Plans were created. The plans set forth guidelines for which the city will be able to undergo extensive streetscape projects consisting of a road diet, pocket parks, and bike lanes along the Nine Mile Corridor, Façade Grant Funding, Parking Lot creation/Improvements, Marketing, Events, Landscaping, and more. The cost of these projects will be financed through tax increment financing and grant funding and therefore requires a descriptive plan of attack.
The plan states that the duration of the development and tax increment financing plan shall be from 2016-2036. The Corridor Improvement Authority will make any existing final debt service payments during the 2034-2035 fiscal year. Therefore the development and tax increment financing plans will expire on July 1, 2036. The plan will serve as a catalyst for a number of improvements within the commercial districts and corridors.
If you have any questions or are interested in volunteering for the CIA please feel free to reach out to Kimberly Marrone (248)691-7404 or by email at kmarrone@oakparkmi.gov.
Oak Park Commercial District Naming Map
The CIA hosted two informational meetings to discuss the progress the CIA has made over the past year and answer any questions. Here is a link to the presentation. In addition, the financial report for 21-22 can be found here.
CIA Additional Details and Reports
Corridor Improvement Authority District Map
The plan states that the duration of the development and tax increment financing plan shall be from 2016-2036. The Corridor Improvement Authority will make any existing final debt service payments during the 2034-2035 fiscal year. Therefore the development and tax increment financing plans will expire on July 1, 2036. The plan will serve as a catalyst for a number of improvements within the commercial districts and corridors.
If you have any questions or are interested in volunteering for the CIA please feel free to reach out to Kimberly Marrone (248)691-7404 or by email at kmarrone@oakparkmi.gov.
Oak Park Commercial District Naming Map
The CIA hosted two informational meetings to discuss the progress the CIA has made over the past year and answer any questions. Here is a link to the presentation. In addition, the financial report for 21-22 can be found here.
CIA Additional Details and Reports
Corridor Improvement Authority District Map
Development and TIF Plan click here.
TIF Plan Amendment click here.
Audit/Financial Reports
Annual Report of Status of TIF Plan
2021-2022
2020-2021
2019-2020
2018-2019
TIF Plan Amendment click here.
Audit/Financial Reports
Annual Report of Status of TIF Plan
2021-2022
2020-2021
2019-2020
2018-2019
Corridor Improvement Authority Meetings
The Corridor Improvement Authority Board meets the third Thursday of every month at 12:00pm noon in the Executive Conference Room located at Oak Park City Hall, 14000 Oak Park Blvd, Oak Park, MI 48237. All meetings are open to the public.
Meeting Minutes
October 2015
November 2015
December 2015
January 2016
March 2016
June 2016
August 2016
October 2016
January 2017
March 2017
May 2017
August 2017
October 2017
December 2017
February 15, 2018
April 19, 2018
June 28, 2018
August 16, 2018
October 18, 2018
November 15, 2018
2019
2020
2021
2022
Annual Budget - see page 64
Annual Audit
Download Guidelines
Download Application
Download Program Description
Current Contracts - The CIA currently does not have any contracts in place.