OWA-LDFA

Oscoda Wurtsmith Airport Authority - Local Development Finance Authority
3961 E. Airport Drive |  Oscoda, MI 48750  |  989-739-1111  


Tax Increment Finance Plan & Development Plan

Public Meeting Information

Oscoda-Wurtsmith Airport – Local Development Finance Authority
Notice of Public Information Meeting

Oscoda-Wurtsmith Airport – Local Development Finance Authority (OWA-LDFA) captures and utilizes portions of property taxes collected from businesses that are located within the boundaries of Oscoda
Wurtsmith Airport.   Therefore, Michigan PA 57 of 2018 requires OWA-LDFA to conduct a minimum of two public information meetings each year.   The next public information meeting is scheduled to start at 9:00 a.m. on Friday, December 9, 2022.  Preliminary information is posted on the website for Charter Township of Oscoda at  www.oscodatownshipmi.gov.   This meeting will be conducted at the Airport terminal building  which is located at 3961 E. Airport Drive, Oscoda, Michigan 48750  This meeting is scheduled to commence at 9:00 a.m.
For additional information, please contact Oscoda-Wurtsmith Airport by calling (989) 739-1111.

Represented
Agencies

Number of
Appointees

Appointees

Term Expires

Charter Township
of Oscoda

7

Mr. Greg Schulz 

8/27/2022

Mr. John Scanlon

12/31/2022

Ms. Jamie McGuire

12/31/2024

Mr. Don Nolan

12/31/2022

Ms. Christine Rogel

12/31/2023

Ms. Leisa Sutton

12/31/2025

VACANT

 

Mr. Josh Sutton    (Alternate)

12/31/2023

Iosco County

1

Mr. Rob Huebel 

12/31/ 2022


Alpena Com.
College

1

Mr. John Briggs

12/31/2022

Oscoda Area
Schools

2

Mr. Tony Ommani

12/31/2024

Mr. Seth Alda

12/31/2025


The OWAA-LDFA was created in 2013 to capture and plan for tax revenues generated from Oscoda-Wurtsmith Airport properties. Its eleven (11) member board represents the Charter Township of Oscoda, Iosco County Board of Commissioners, Alpena Community College, and Oscoda Area Schools. Oscoda Township is responsible for seven (7) of these seats.

2022 Meeting Dates

Meeting Date & Time

January 18, 2022 at 4:00 p.m.

February 15, 2022 at 4:00 p.m.

March 15, 2022 at 4:00 p.m.

April 19, 2022 at 4:00 p.m.

May 17, 2022 at 4:00 p.m.

June 21, 2022 at 4:00 p.m.

July 19, 2022 at 4:00 p.m.

August 16, 2022 at 4:00 p.m.

September 20, 2022 at 4:00 p.m.

October 18, 2022 at 4:00 p.m.

November 15, 2022 at 4:00 p.m.

December 20, 2022 at 4:00 p.m.



OWA-LDFA Quick Reference Information

1

Name of the Authority

Oscoda-Wurtsmith Airport –

Local Development Finance Authority

2

Date OWA-LDFA Was Formed

November 12, 2012

Date Tax Increment Finance and Development Plan Adopted

November 11, 2013

Date Tax Increment Finance and Development Plan is Set to Expire

December 31, 2027

3

Tax Year Utilized as the Baseline / Initial taxable Value

2013

4

Tax Year from Which Tax Increment Capture was First Utilized

2015

Scheduled Final Year for Tax Increment Capture

2027

5

The Unencumbered Fund Balance as of the Date of this Report

$349,461.01

6

The Encumbered Fund Balance for FY 2020

$0.00