About the Downtown Development Authority
The Downtown Development Authority (DDA) was established by the Village Council on September 15, 1980 in an effort to “halt property deterioration and increase property tax valuation where possible in the Village of Spring Lake’s downtown business district, to eliminate the causes of that deterioration and to promote economic growth of the Village of Spring Lake’s downtown business district.”
While the Downtown Development Authority Act of 1975 gives the Authority broad powers with regard to planning for economic development of the downtown district, the Village’s DDA has been charged primarily with the mission of constructing public improvements required to attract private investment and promote retail, commercial and industrial business activity in the Village of Spring Lake Central Business District development area.
The DDA is responsible for the maintenance of the Village of Spring Lake Development Plan and Tax Increment Financing Plan and the use of tax increment financing revenues on projects identified in the Development Plan. Projects completed under the guidance of the DDA include the construction of Lakeside Trail Linear Park (1991), the Savidge Street Corridor Beautification and Improvement Project (1995) and the West End Community Boardwalk Project (2000).