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Township Downtown Development Authority

On May 12, 2009, the Pennfield Township Board adopted Pennfield Township Code of Ordinance No. 120-05-09 which created the Pennfield Charter Township Downtown Development Authority (PCTDDA). Among other things, the purpose of the authority is to make plans for the development of an area of the Township, including the acquisition of land or its improvement, restoration, maintenance and operation, including public facitilies. Its activities may be financed by donations, taxation (when authorized by the Township Board and the electors), revenues from the development, tax increment financing and other sources. Tax increment financing is pledging taxes of other authorized units upon the increasing value of the improvements made by the authority.

On December 30, 2010, the Pennfield Township Board purchased (53) acres of vacant land east of the Walmart property.  For more information about the property, please contact Township Supervisor Dave Morgan at dmorgan@pennfieldtwp.com.

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