Summary Points on DMC

We are still waiting for a more detailed analysis of DMC, but here are some points to know.

  1. the City (and no one else) creates the DMCC nonprofit corporation.  (The previous “Authority” no longer exists.
  2. the City must approve the DMCC’s Development Plan.
  3. any approved Development Plan (along with any project that implements the Plan) must comply with all of the City’s ordinances, comprehensive plans, and zoning ordinances.  ( I envision the Development Plan will find its way into the City’s Comprehensive Plan.)
  4. the City issues the bonds.
  5. the City constructs any and all public infrastructure projects.

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