REDEVELOPMENT PLAN UPDATE COMMUNITY FORUM NO. 1 JULY 13, 2017

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1 REDEVELOPMENT PLAN UPDATE COMMUNITY FORUM NO. 1 JULY 13, 2017

2 REDEVELOPMENT PLAN UPDATE WELCOME & INTRODUCTIONS OPENING REMARKS PURPOSE OF THE PLAN UPDATE WHAT S A CRA? OPPORTUNITIES & CONSTRAINTS VISION FOR TOMORROW

3 Project Team 3

4 REDEVELOPMENT PLAN UPDATE WELCOME & INTRODUCTIONS OPENING REMARKS PURPOSE OF THE PLAN UPDATE WHAT S A CRA? OPPORTUNITIES & CONSTRAINTS VISION FOR TOMORROW

5 The Honorable Reginald L. Brown Jacksonville City Council, District 10 5

6 REDEVELOPMENT PLAN UPDATE WELCOME & INTRODUCTIONS OPENING REMARKS PURPOSE OF THE PLAN UPDATE WHAT S A CRA? OPPORTUNITIES & CONSTRAINTS VISION FOR TOMORROW

7 7

8 8 Inadequate street layout, roadways, or public transportation facilities Lack of sidewalks and adequate bus shelters Pritchard Road and Soutel Road offset alignment Roadways that fail to meet standards Old platted roads that have been bisected

9 Faulty lot layout combined with diversity of ownership Substandard lot/parcel size Inadequate properties in relation to current development codes and market dictates Diversity of parcel ownership 9

10 10 Deterioration of site or other improvements Deteriorated building conditions Deteriorated site conditions Age of structures Utilities

11 11 Lack of Growth in Tax Base Vacant buildings Undeveloped and underdeveloped properties Loss of market value

12 12 Deterrents to Sound Future Growth and Development Economic disuse Property assemblage problems Visual blight as deterrent to investment

13 REDEVELOPMENT PLAN UPDATE WELCOME & INTRODUCTIONS OPENING REMARKS PURPOSE OF THE PLAN UPDATE WHAT S A CRA? OPPORTUNITIES & CONSTRAINTS VISION FOR TOMORROW

14 14 What and How? Community Redevelopment Act Geographical boundary with haves and have nots Special district Not a tax A Plan that drives improvements and projects Agency Members make recommendations City Council makes final decision

15 15 Ten Reasons to Redevelop Remove Slum & Blight Create Clean and Safe Places Prevent Crime Encourage Economic Development Build or Enhance Affordable Housing Fund Streetscape and other Capital Improvements Preserve Historic Buildings/Resources Retain and Recruit Business Enhance Parks and Recreation Increase the Tax Base

16 16 Redevelopment Plan = Blueprint Even if a program or project is in the Plan, does not need to be done ultimately But if a program or project is NOT contained in the Plan it CANNOT be undertaken Kitchen sink include all that is allowable Be ready to point to page where activity is in the plan Strategic planning each year is key to details for carrying out the plan

17 17 Not Allowed by Statute/Other Any project or program a CRA wishes to undertake must be outlined in the CRA Plan and in the CRA district. IF IT IS NOT IN THE PLAN AND DISTRICT, YOU CAN T DO IT!!!!

18 18 Calculating Increment All taxable properties in the CRA (private) Difference in value between ad valorem revenues this year and year CRA was created year CRA Plan was adopted Collected for no longer than 40 years (60 years if created before July 1, 2002)

19 19 Tax Increment Revenues CRA District Assessed Value 2010 Base Year $100,000 value Tax $ Year 5 $150,000 value Tax $ City and County Receive $ in tax payments City and County Receives $ ($ $100.00) Remits Increase Redevelopment Trust Fund Receives $95.00 (95% of $100.00)

20 20 Use of Funds Ch. 163, Part III, F.S. Anything in plan and district, including but not limited to: Administrative and overhead expenses Redevelopment planning, surveys, & financial analysis Acquisition of real property in the CRA district Clearance/preparation & relocation of occupants Repayment of borrowed funds All expenses related to bonds/other indebtedness Development of affordable housing Community policing innovations

21 21 Things CRAs Can Pay For Capital expenditures Promotion, marketing & events Non Profit activities limited Incentives and grants Code enforcement Land Acquisition Cost sharing/allocation for services

22 22 What CRAs Cannot Pay For (s ) Construction / expansion administrative buildings for public bodies/police/fire facilities Publicly owned capital improvements if scheduled in city or county capital improvement plan until removed from schedule or plan and 3 years have elapsed. General government operating expenses unrelated to the planning & carrying out of a community redevelopment plan

23 23 Other Things CRAs Cannot Pay For Activities/projects not covered in plan Board Members/Commissioners payment for service as CRA Board member Project or program outside of the development area

24 24 Be Careful With Market/direct funding events Funding non-profits Substitution of CRA funding for city/county duties/projects done previously by them Maintenance and repair of CRA projects Community Policing details, details Reimbursement to city/county of expenses

25 25 Not Allowed by Statute/Other Any project or program a CRA wishes to undertake must be outlined in the CRA Plan and in the CRA district. IF IT IS NOT IN THE PLAN AND DISTRICT, YOU CAN T DO IT!!!!

26 REDEVELOPMENT PLAN UPDATE WELCOME & INTRODUCTIONS OPENING REMARKS PURPOSE OF THE PLAN UPDATE WHAT S A CRA? OPPORTUNITIES & CONSTRAINTS VISION FOR TOMORROW

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33 REDEVELOPMENT PLAN UPDATE WELCOME & INTRODUCTIONS OPENING REMARKS PURPOSE OF THE PLAN UPDATE WHAT S A CRA? OPPORTUNITIES & CONSTRAINTS VISION FOR TOMORROW

34 REDEVELOPMENT PLAN UPDATE COMMUNITY FORUM NO. 1 JULY 13, 2017

CHAPTER 11-9 TAX INCREMENTAL DISTRICTS

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