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The overall management and control of the MEDC rests with an Executive Committee consisting of twenty members, appointed by the Governor of the State of Michigan. The Executive Committee appoints the Chief Executive Officer, who administers all programs, funds, personnel, and all other administrative transactions of the MEDC. In addition to the Executive Committee, the MEDC has a Corporation Board of participants.
Executive Committee meetings are open to the public and are held at the MEDC’s Lansing Office, virtually, or at other Michigan sites. As a public body, the MEDC Executive Committee is subject to the Freedom of Information Act (FOIA), as well as the Open Meetings Act (OMA).
The goal of the MEDC Executive Committee is to ensure MEDC performs and is recognized as one of the top ten state economic development organizations in the nation. The MEDC Executive Committee will support the MEDC through governance, support to enable results-based action, and advocacy for the organization and economic development in Michigan.
MEDC Corporation Board meets annually to evaluate the MEDC’s performance via standards set by the Executive Committee, and may review Executive Committee acts if necessary. Representatives are appointed by the 59 MEDC interlocal partners and by the governor and include the MEDC Executive Committee. Members serve at the pleasure of the governor.
All meetings are held at the MEDC Lansing office unless otherwise noted.
NOTICE OF PUBLIC HEARING
A public hearing is scheduled for 9:00 AM on Tuesday, September 14, 2021, at a regular meeting of the board of directors of the Michigan Economic Development Corporation (“MEDC”) to be held at the Westin Book Cadillac, 1114 Washington Blvd. Detroit, MI 48226 or virtually through Microsoft Teams at https://bit.ly/3sKMIdL or 248-340-3787, 146 626 296# for the purpose of discussing adoption of the annual operating budget for the MEDC for the 2022 fiscal year. The meeting will be held in compliance with the Open Meetings Act, 1976 PA 267, MCL 15.261 to 15.275. A copy of the proposed budget is available for public inspection at www.MichiganBusiness.org.
THE PROPERTY TAX MILLAGE RATE PROPOSED TO BE LEVIED TO SUPPORT THE PROPOSED BUDGET WILL BE A SUBJECT OF THIS HEARING. *
*Note: This notice is printed in compliance with 1963 (2nd Ex Sess) PA 43, MCL 141.411 to 141.415. The MEDC is not authorized to levy taxes.
The public will be given the opportunity for public comment at the beginning of each meeting. All comments should be kept to three minutes or less.
Please submit all FOIA requests to medcfoia@michigan.org. For more information including MEDC's FOIA policy and procedure, as well as information regarding the itemization of fees, visit the MEDC Media Room.
