RESOLUTION NUMBER 96-48 FOR COMMISSION AMENDING COMMUNITY DEVELOPMENT PLAN (2)
.....
.~!
J
RESOLUTION NO. 96-48
I
A RESOLUTION OF THE CITY OF CLEARWATER CITY
COMMISSION AMENDING THE COMMUNIlY
REDEVELOPMENT PLAN FOR THE COMMUNIlY
REDEVELOPMENT AREA LOCATED IN THE DOWNTOWN
AREA OF THE CITY OF CLEARWATER; MAKING FINDINGS;
PROVIDING AN EFFECTIVE DATE.
WHEREAS, Resolution No. 95-65 adopted by the City Commission of the City
of Clearwater on August 17, 1995 established a community redevelopment plan for a
certain area in the downtown area of the City of Clearwater (the "Downtown
Redevelopment Plan") in full compliance with the requirements of Part III, Chapter 163,
Florida Statutes (the "Redevelopment Act") for such plans; and
WHEREAS, changing circumstances now require modification of said community
redevelopment plan as more fully described in Exhibit A attached to this resolution;
NOW, THEREFORE, BE IT RESOLVED BY THE CIlY OF
CLEARWATER CITY COMMISSION duly assembled this 18th day of July 1996,
Section 1. Findings. Based on information presented to it, the City of Clearwater
City Commission does hereby find:
(a) The proposed redevelopment of property generally located at the northeast
comer of Cleveland Street and North Myrtle Avenue with a grocery store and
associated commercial and/or office uses is consistent with the overall purpose
of the Downtown Redevelopment Plan and is necessary and appropriate to
facilitate the proper growth and development of the community in accordance
with sound planning standards and local community objectives.
(b) Acquisition of the proposed redevelopment property for this purpose requires
the exercise of governmental action, as provided in the Redevelopment Act,
because of deterioration of the site, economic disuse, and faulty lot layout.
(c) The Local Planning Agency and Community Redevelopment Agency have
recommended approval of the proposed amendment to the Downtown
Redevelopment Plan.
(d) The proposed amendment conforms to and complies with the requirements of
the Redevelopment Act. In particular, the amendment:
-Displaces no families or other residents;
-Conforms to the Comprehensive Plan of the City of Clearwater;
-Does not create the need for additional parks and recreational facilities; no
inadequacies for such parks and recreational facilities now exist or are anticipated
to exist in the future in the area; and
-Establishes an opportunity for private redevelopment of the area through
the provision of support services for the residential development anticipated in the
Downtown Redevelopment Plan as well as creating an opportunity for a
public/private partnership that will result in the largely private provision of an
urban grocery store and associated retail facilities.
/ l' r~ RESOLUTION NO. 96-48
PAGE 1
.~ I -C)7(o' - () I
~'I '
(l&j
.T
11 -I
Section 2, Extent of Plan Amendment. Only those sections and pages of the
Downtown Redevelopment Plan revised under Exhibit A are to be replaced, superseded,
and amended by this Resolution.
Section 3, Adoption of Plan Amendment. The proposed amendment to the
Downtown Redevelopment Plan more fully described in Exhibit A is hereby adopted by
the City Commission of the City of Clearwater, Florida.
Section 4. Effective date, This resolution shall become effective immediately
upon adoption.
PASSED AND ADOPTED this 18th
day of
July
, 1996.
~
Rita Garvey, Mayor
City of Clearwater
A~/j as to form and legal sufficiency:
Pamela K. Akin
City Attorney
Attest:
Cy hia E, Goudeau
City Clerk
RESOLUTION NO, 9648
PAGE 2
-
-
.VII-22
Clearwater eRA
Park Lake Projects Nos. 10, 11, 12A & 12B
Strate2:ies:
. Private developments
. Need CRA assistance in 1aod assemblage and
acquisition
. Use low and moderate income finance programs
. Dedicate funding sources to sidewalks" Ia..d_~.
streeI. lighting. ete. so that developer bas oquivaJcar.
ofready-~ subdivision Iou
Proiect Descriution: LAKE RESIDENTIAL mGH
LAKE RESIDENTIAL MEDIUM
DREW ANCHORIRESIDENTIAL
SUPPORT - GROCERY STORE
DREW RESIDENTIAL LOW
Residential neighborbooda creaed in area around Padc Lab. Replaces
area of blight with alUIe:tMl treo-linecS ItreetI.. EstabIisbcs ClOIDIDeI'Cial
anchor and ~ IUpport retIil grocery store.
DevelODment Goals:
. Reestablish in-town neighborhoods
. Brina populatiOD back to commercial town ~t.. .
. Continue raideatial powth in "'built-out- PineI1u County by \UmID& to
infill using exisQng ICMco iDfi'utNeture.
. ProvicSo support Ihoppina for new and existing in-town nei~
Issues:
. Lake residential to 0ClCW' after lake is cocnpIeted
. Displace some existing commercial uses
· Promote Ccveland Street continuity tJuousb
-outpan:cr development
Proiect Pro2:rammin2::
. CRA Master Plan to communicate oppor1UIiity to
deYdopmcnt community
. CRA implemenu in&uaudure dnpcOYemCIICI
. CRA to Ihate in srooery It.Ont Iud eoquiIdioe ClOIb
with CNHS CDC
DeveloDment ImDacts:
IlH&.. Residential; gtoe<<y Itot'C'IDCipborboocl
ClOmIDCfcial
1!JIbiI.;. 526,000,000 - 420 units @ S50,000 pIua SS
million srooery store
r'
~
.........
-
..
ClEARWATER PROJECT SUMMARY
Total
Residential 19ge to 2001 to 2006 to 2011 to Estimated
Zone oed. Pro'eel Name Ador Units 2000 2005 2010 2015 Value
A 1 Watedront Park City 45 S 1,440,000 S 2.160,000 S 3,600,000
A 2 Hatborview Expansion City 3 S 4,800,000 $ 4,800,000
B 3 Osceola Hotel PrtYate Developer 2 S 4,800,000 S 4,800,000
B 4 Bluff Mixed Use Block Private Developer 6 S 20,000,000 S 18,<400,000 S 38,<400,000
B 5 Core ResldentiaIln-f1ll Private Developer 3 100 S 2.500,000 S 2,500,000 S 5,000.000
C 6 City Public Quad City 8.5 S
C 7 County Complex City 5.2 S
0 8 Park lAke City 32 $
0 g Pari( lAke Center Private Developer 10 150,000 120 S 9,000.000 S 9,000,000 S 18,000,000
0 10 Lake Residential High Private Developer 5 200 S 5,000,000 $ 5.000,000 S 10,000,000 ~
- 7,500,000 I
0 11 Lake Residential Medium Private Developer 10.5 150 $ 3,750,000 $ 3,750,000 $
0 12A Drew Residential Low Private Developer 10.8 80 $ 2,000,000 $ 2,000,000 $ 4,000,000
0 12 B Grocery Store Anchor PubliclPrivate Partnership 5.6 48,000 S 4,800,000 $ 4,800,000
E 13 MissouriIGreenwoocs DOT/County 4.5 $ t
E 14 Entertainment East Private Developer 16.8 250,000 S 20,000,000 S 20,000,000 I
15 .... 200 S 5,000,000 S 5,000,000 S 10,000,000 ~
E East Residential South Low Private Developer -.20 J .~ f
E 16 East Residential North Low Private Developer 14 75 S 1,875,000 S 1,875,000 S 3,750,000
Additional Commercial Private Develo r 200,000 S 4 000 000 $ " 000 000 S 8000,000 S 16,000.000
TOTALS: 202 1,293,000 925 $ 11,040,000 S 67,460,000 S 51,525,000 S 20,625,000 S 150,650,000 !
'. \
~' Assumptions: Commercial Valuation C $80 per Square Foot: and, Raldenaal Valuation G $50,000 per unit i
I
t
I
-
.-
~
. .
,
.
CLEARWATER DOWNTOWN PROJECTS
PRUJcCJ NAME
1996 1997 1991 1'" 2000 1001 2007 20CXJ 200t 1005 2006 2007 2008 70CW 1010 1011 101' 1013 1014 1015
~~:~sion - 1 t -i-----J-j-i--,-l---1' ..---..j --t-l--LL_U-IJ--LL
Osceola Hotel rn;--~"----i --l----I--Lf-- t - -,~-L
.- --- t=f::::f=:t::t:t--l,...-+~ 1.__...1.._ .......j........... _.. .-..- ._l_
Bluff Mixed Use Block '. tt+__1__.....t.....--i-~ tl _J_ ----- -- --- -1-
~ Pu':~~ Lmll___ w--~ - --r-'----- ---* --- --4---1.-- -
:t1u.~L-_- __~_ _ ;~-l_, =t t--1~--I-... :1- J'tt~ i . ....i-I- . i I .1. . .., :_-
~~ _lo~~I!,__ --- _- LJ _.1 -1- -~ - . _ L_ ;_ i---l __ ~__ _ ~ --' _ L __I _. i I . __
~~=:::=-"-+---'---! -+-+ .... --~--.i --~--r !-:--:~L~---!. i,.! -/--
Otew~dentK.llDw -bl-L-- - -+-1 -Lr=-I i -+-'e-+-II.....~I,....-;. ..._~!
:~-.-i ~--i-r---~----l--!-e+=h---t-i..-I -It
~::::::~.~----t-+--I---+-f-i-- f -+-Z-:-+--i--+--i--;. ;-~-;-~
Grocery Store Ancho - .. ! , 1 ; I : I !! I I I I ! ! i
VII.21
CLEARWATER TAX INCREMENT PROJECTION
BASE
ADDITIONS TO TAX ROLlS 1"1 1915 1910 1995 2000 200S 2010 2015 TOTAL
WIlt8rfrontP.x 1,440,000 2,160,000 3,800,000
H~ Expen.lon 4,800,000 4,800,000
o.c.o&e Hot.! 4,800,000 4,800,000
8Iuf'f Mind Use Block 20,000,000 18,400,000 38,400,000
-"
Cc::;;.:'tesidentiallrHII 2,500,000 2,500,000 5,000,000
P.x lAke 9,000,000 9,000,000 18,000,000
lake Residential High 5,000,000 5,000,000 10,000,000
Lake Residential Medium 3,750,000 3,750,000 7,500,000
Drew Residential Low 2,000,000 2,000,000 4,000,000
Grocery Store Anchor 4,800,000 4,800,000
EnteftlIi.ment Eat 20,000,000 20,000,000
East Residential South Low 5,000,000 5,000,000 10,000,000
E8St R~ North Low 1,875,000 1,875,000 3,750,000
Addition8I Commercial 4,000,000 8,000,000 8,000,000 20,000,000
SUBTOTAL. ADDITIONS .110% 5,520,000 33,730,000 27,762,500 10,312,500 n,325,OOO
DELETION FROM TAX ROLLS (8,876,000) (1,000,000) (1,000,000)
BASE WITH GROWTH 31,349,000 26,616,000 62,760,000 92,064,000
TOTAL INCREMENT VALUATION 30,143,000 27,993,000 60,346,000 89,522,000 101,376,500 154,650,000
---
,.....-',..-
COUNTY INCREMENT REVENUE 48,000 160,000 146,045 320,318 475,188 538,110
CITY INCREMENT REVENUE 50,000 140,000 127,790 280,279 415,790 470,846
DOWNTOWN DEVELOPMEMENT BOARD 4,000 7,000 6,389 14,014 20.789 23,542
TOTAL TAX INCREMENT REVEMJE 102,000 726,000 307,000 280,224 614,611 911,767 1,032,498
ASSUMPTION: 110% OF NEW PROJECTs ARE ... T
vu.a
.
...
CLEARWATER TAX INCREMENT PROJECTION
BASE
AOOmoNS TO TAX ROLLS 1911 1911 1990 1995 2000 2005 2010 2015 TOTAL
WllterfrontPn 1,440,000 2,160,000 3,600,000
HarboMew Exp.-.ion 4,800,000 4,800,000
Osceola Hole! 4,800,000 4,800,000
B~ixed Use Block 20,000,000 18,400,000 38,400,000
core Residentialln-fiII 2,500,000 2,500,000 5,000,000
Pn Lake 9,000,000 9,000,000 18,000,000
lake Residenti8I High 5,000,000 5,000,000 10,000,000
lake R.-identi8I Medium 3,750,000 3,750,000 7,500,000
Drew Residential Low 2,000,000 2,000,000 4,000,000
Grocery Store Anchor 4,800,000 4,800,000
Entertainment Eat 20,000,000 20,000,000
Eat Residentl8I South Low 5,000,000 5,000,000 10,000,000
Eat ResIdenUI North Low 1,875,000 1,875,000 3,750,000
Addition8I Commerci81 4,000,000 4,000,000 8,000,000 16,000,000
SUBTOTAL - ADDITIONS. 71% 8,280,000 50,595,000 38,643,750 15,468,750 112,917,500
DELETION FROM TAX ROUS (8,878,000) (1,000,000) (1,000,000)
BASE WITH GROWTH 31,349,000 28,239,000 81,987,000 123,978,000
TQW.INCREMENT VALUATION 30,143,000 27,153,000 78,834,000 119,831,000 138,445,000 138,445,000
COUNTY INCREMENT REVENUe 480,000 160,000 144,000 418,000 643,000 744,000
CITY INCREMENT REVENUE 50,000 140,000 126,000 365,000 554,000 841,000
DOWNTOWN Dl!Vl!LOPMeMeNT BOARD 4,000 7,000 7,000 8,000 8,000 9,000
TOTAL TAX INCREMENT REVEMIE 102.000 728,000 307,000 2n,ooO 791,000 1,205,000 1,394,000 1,394,000.00
ASSUMPTION: 71% NEW PROJECT ARE BUR. T
VIh10
.
..
CLEARWATER TAX INCREMENT PROJECTION
BASE
AODmONS TO TAX ROllS 1111 1181 1990 1"' 2000 2005 2010 2015 TOTAL
Waterfront Perk 1,440,000 2,160,000 3,600,000
HarboMew Expansion 4,800,000 4,800,000
o=r Hotel 4,800,000 4,800,000
BIufr ..ix8d lJM 8Iock 20,000,000 18,400,000 38,400,000
Core ReMenti8IlMW 2,500,000 2,500,000 5,000,000
Perk LAke 9,000,000 9,000,000 18,000,000
Lake Residential High 5,000,000 5,000,000 10,000,000
Lake R~ Medium 3,750,000 3,750,000 7,500,000
Drew Residential Low 2,000,000 2,000,000 4,000,000
Grocety Store Anchor 4,800,000 4,800,000
EnterWwnent E_ 20,000,000 20,000,000
Eest R~ South Low 5,000,000 5,000,000 10,000,000
East Res1denti81 Nor1h Low 1,875,000 1,875,000 3,750,000
Addition8I Commen:::ial 4,000,000 4,000,000 8,000,000 16,000,000
SUBTOTAL -ADDITIONS .100% 11,040,000 67,480,000 51,525,000 20,825,000 150,850,000
DELETION FROM TAX ROLLS (8,876,000) (1,000,000) (1,000,000)
BASE wrTH GROWTH 31,349,000 29,861,000 101,214,000 157,889,000
T....INCREMENT VALUATION 30,143,000 28,713,000 97,321,000 151,739,000 178,514,000 178,514,000
COUNTY INCREMENT REVENUE 48,000 160,000 152,000 516,000 805,000 946,000
crn INCREMENT REVENUE 50,000 1,400,000 133,000 451,000 703,000 827,000
DOWNTOWN DEVELOPMEMENT BOARD 4,000 7,000 7,000 8,000 8,000 9,000
TOTAL TAX INCREMENT REVENUE 102,000 726,000 307,000 293,000 975,000 1,508,000 1,782,000 178,514,000
ASSUMPTION: 100% NEW PROJECTS ARE BULT
VlI~1
t:'.
! ,. ~
"
.. i ~ t a
\
t , ~
~ ~ ~ ~.
-.. ....
"8 J ~.~ -..
_' i ~
1
-~- .~.!...-
i
/~( ~
'",
I~l
m,
.....,.
..
.
II
H
1
1
._" I
~I
.
HANSON
TAYl.OIl
DBL.I.OMO
HBRI\8ltT
. . .
-
--
-=--=
-~-==-
--- -...-
CLEARWATER
DOWNTOWN
REJ)EYF.LOPM EN'(
"LAN
LANU liS": "l.AN
.. ...."II'IIJICSIl" .~,"""."""nAl
_ ......".....1"". nf:Je<IT\'
allSlPUrTlAI.
"
- CI.....Dt 1At. -/
- ..'....Dt'''UI........ ..:I
.1!SI1tt!Jf11AI.
- IIU '.V . ,......Ut '.'-1
- Itm",:
... itA...... VIOf ....1P.VISI...
- "..I.J(....:.'v~~fO'
I~l .1ItLIt;1tA""'....Trnln<......,
I..... OrDf V'A.."llJItIl("t~T1lI"
I'lUAtE II'fTERESTS. me.
A. NELESSEN ASSoc.. me.
L 1\ ....n ....., L _
T ....::T.... .........
n...r--1
I JIll 100 ~
~n
\)
\ G'l
~