PLACEMENT: Public Hearings
TITLE:
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ADOPTION OF AN ORDINANCE AND A RESOLUTION EXTENDING THE TERM OF EACH COMMUNITY REDEVELOPMENT AREA FOR AN ADDITIONAL TEN YEARS
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EXECUTIVE SUMMARY:
executive summary
The Community Redevelopment Plans (CRP) for each of the six (6) Community Redevelopment Areas (CRA areas) were adopted between 15-18 years ago. To build the visions as directed in the CRPs, the Community Redevelopment Agency is requesting the Board of County Commissioners to extend the term of each of the CRA areas for an additional ten (10) years.
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DEPARTMENT: Administration
PREPARED BY: Name: Susan Kores
Title: Manager, Office of Community Development
REQUESTED BY: Susan Kores
PRESET:
PROCEDURES: None
BACKGROUND/RELATED STRATEGIC GOAL:
Each CRA area was created based on a Finding of Necessity adopted by the Board of County Commissioners identifying slum and blighted conditions, as defined in Section 163.335, Florida Statutes. A CRP was adopted Countywide and for each CRA area in accordance with Sections 163.360 and 163.362, Florida Statutes, providing for a term of thirty (30) years from the date of adoption of the CRP for completing redevelopment financed by increment revenues.
Slum and blighted conditions, as defined in Section 163.335, Florida Statutes, and as addressed in each CRP, still exist in all of the six (6) CRA areas. However, new codes, enhanced roadways (i.e., Mapp and Bridge), infrastructure enhancements, property acquisition, comprehensive plan amendments and an opportunity zone designation are all happening now. When these projects, and others, are complete, additional collaborative opportunities with the private sector will be available, thus increasing the Agency's positive redevelopment outcomes. Thorough, thoughtful and considerate redevelopment does not happen quickly, which is why, at this critical juncture in the time of these CRA areas, it is so important to adopt the ten-year extension.
Each ...
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