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Old Eyesore Building Torn Down
 You
may have recently noticed the old building next to the Post Office
was torn down. The DDA purchased the building From Gary and Diana
Jensen in 2004. The plan is to increase the amount of parking
available to customers and businesses, and also improve the
aesthetics in the downtown area. During 2005 the DDA has budgeted
for the removal of the building and possibly engineering, if funds
allow. With construction to be completed in 2006. Again to improve
the aesthetics of the area, the goal is not to just lay blacktop and
paint yellow lines, but to incorporate attractive landscaping in the
design.
What Is the
DDA?
The purpose of the Downtown
Development Authority (DDA) is to halt property value deterioration,
to increase property tax valuation in the business district, to
eliminate the causes of deterioration and to promote economic
growth. The DDA may acquire, own, lease, sell, construct,
rehabilitate, equip, improve, maintain, or operate any building on
land it may own.
The DDA is financed, from the capture of new revenues from
incremental increases in property assessments occurring within the
district.
DDA members are nominated by the Village President, and approved by
the Village Council. The Village Council must approve the DDA
improvement plan, its annual budget and its financing plan.
Village of Lakeview
DDA Members
4-Year Terms
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Member
Ed Winter
Edward Jonaitis (Chairman)
Ransom Leppink
Barb Huttinga
James Draper
Kevin Griffith
Gary Dolby
Vacnat
Jenny Bell
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Term
Continuous
3/1/2009
3/1/2009
3/1/2010
3/1/2010
3/1/2012
3/1/2012
3/1/2013
3/1/2013 |
ORDINANCE No 01-01
DDA Plan
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