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County Administrator's Report 12. 1.

BCC Regular Meeting

Discussion

Meeting Date:	05/21/2015
Issue: Funding Community Redevelopment Plans for Newly Designated Community Redevelopment Areas
From:	Keith Wilkins
Department:	Community & Environment
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Funding Community Redevelopment Plans for Newly-Designated Community Redevelopment Areas - Keith T. Wilkins, Community & Environment Department Director

That the Board authorize a funding source to implement Community Redevelopment Plans for newly-designated Community Redevelopment Areas (CRA).

[Funding Source to be determined]

BACKGROUND:

Florida Statutes 163.362 require development of a Community Area Redevelopment Plan in order to designate a Tax Increment Area Trust Fund and collection. Therefore, the CRA has no funding to support these new CRA areas nor the development and implementation of a Community Redevelopment Plan. The resume page is attached which designated Ensley and Oakfield CRA areas. Tonight the recommendation to approve the Atwood Community Redevelopment Area is also on the agenda. It is estimated that each area can develop a basic redevelopment plan consistent with FS 163.362 for $60,000 each. Therefore, approximately $180,000 is needed to commence with the planning process and TIF development. Three new CRA Districts increase our CRA workload by 33%. A new Program Manager will be needed to manage these. The cost of an additional Program Manager is approximately $85,000.

BUDGETARY IMPACT:

Funding for three redevelopment plans is expected to require $180,000. Hiring of a new Program Manager will require approximately $85,000. A total of $265,000 will be needed to develop, implement and manage these redevelopment activities. [Funding Source to be determined]

LEGAL CONSIDERATIONS/SIGN-OFF:

Legal consideration and confirmation has been solicited.

PERSONNEL:

The addition of three new CRA Districts will require an additional Program Manager to be hired.

POLICY/REQUIREMENT FOR BOARD ACTION:

Board action is required to approve funding sources to implement CRA plans.

IMPLEMENTATION/COORDINATION:

Once the Board approves a funding source, the CRA staff will coordinate the process for the implementation of this program.

Attachments
Resume-Ensley&Oakfield-May2015