FLINT TWP. — Businesses on Marketplace Drive near Bishop International Airport are included in a zone to be marketed globally by the I- 69 International Trade Corridor Next Michigan Development Corporation (NMDC).
“They have accepted all our zones for the Next Michigan Renaissance Zone,” said Tracey Tucker, Flint Township economic enhancement director, in a report to the township board.
Tucker provided a confirmation letter dated Aug. 27 from Karla K. Campbell, fund manager for the Michigan Strategic Fund, Michigan Economic Development Corporation (MEDC).
The letter sates that on Aug. 7, the MSF Delegated Committee met to consider the I-69 NMDC submission of Marketing Zone boundaries and voted to approve the following 11:
Zone 1: Corunna Industrial Park
Zone 2: Durand Industrial Park, amended
Zone 3, Almont Industrial Park, amended
Zone 4: Imlay City Industrial Park,
Zone 5: CN Rail Corridor – City of Burton, amended
Zone 6: Bishop Airport
Zone 7: Grand Blanc Industrial
Zone 8: CSX Line – Buick City
Zone 9: CN Rail Corridor – City of Flint, amended
Zone 10: Davison Industrial
Zone 11: Liberty Park Industrial
The 11 zone cover a combined 1,563,747 acres and are approved for 10 years, beginning Jan. 1, 2014 and ending Dec. 31, 2023, the letter stated. MEDC allows a NMDC zone designation up to 1675 acres on 12 sites.
The I-69 NMDC is a partnership formed in 2012 made up of four counties: Genesee, Lapeer, Shiawassee and Oakland County. It is seeking a Renaissance Zone designation that could provide tax incentives to attract new businesses to the I-69 Trade Corridor anchored by Bishop Airport.
Marketing Zone 6 which covers about 63 acres of land near Bishop Airport includes an area southeast of the airport under Bishop’s jurisdiction, an area near the Fed Ex facility; parcels north of old Bristol Road and Koegel and other land north of Bristol road off Market Place Drive including undeveloped property owned by CN railroad, Tucker has previously said
She said that notices of the new marketing zone designation will be mailed to business owners in the targeted area.
The letter stated that the geographic area comprising a designated Next Michigan Renaissance Zone will be held to “a strict definition of contiguous” though a more relaxed standard applies to the Marketing Zone designation.