Pursuant to the provisions of Act No. 197 of the Public Acts of Michigan 1975 (MCLA
125.1651 et seq.), as amended, there is hereby adopted by reference the downtown development
plan and tax increment financing plan, as adopted by the downtown development authority
and approved by the city commission at their meeting of February 6, 1995, as amended
by commission action on May 17, 2004; and provided further, that the description of
the development area boundaries are as follows:
Lots 1, 2, 10, 11 and 12, the north 48.33 feet of Lot 3, the north 25 feet of Lot
9, the north 175 feet of the alley, Block 54, and Lots 11 and 12 and the west one-half of the vacated alley adjacent thereto,
Block 55, also the south 30 feet of Fifth Street from the west line of Lot 12, Block 54, to the center of the alley in Block 55, also Adams Street lying between Blocks 54 and 55, all being in the plat of Lower Saginaw, Bay City, Michigan.