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DOWNTOWN DEVELOPMENT PLAN; 1ST AMENDMENT; ORD 7231-03~~~~ QQoc~, F~ t~ sr ~- 1 Clayton, Gina From: David Walker (dwalker@co.pinellas.fl.us] Sent: Thursday, September 09, 2004 11:24 AM To: Clayton, Gina Cc: g.beardslee@worldnet.att.net Subject: Dates of BCC Action on Clearwater CRA Hi Gina: I received a note from Gordon that you are needing the dates of the BCC actions upon the Clearwater CRA Plan. These actions were taken from the point that Clearwater proposed to expand their CRA boundaries: BCC Resolution 02-287 (October 29, 2002): delegated to City Commission aut ority to name itself as the CRA Board and to prepare a CRA Plan for the expansion area. BCC Resolution 03-248 (December 16, 2003): approved Clearwater Downtown Re eve opment Plan, as amended, and delegated additional redevelopment powers, per Ch. 163, including the creation of a redevelopment trust fund (Ch. 163.387). BCC Ordinance 04-10 (February 9, 2004): approved amendments to eve opment trust fund. I hope this is helpful. If you have any questions, please let me know. David 1 • ~ .~ ORDINANCE N0.7214-03 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING ORDINANCE 2779-82, WHICH ESTABLISHED A. REDEVELOPMENT TRUST FUND PURSUANT TO SECTION 163.387, FLORIDA STATUTES TO PROVIDE FOR THE DEPOSIT OF FUNDS INTO THE TRUST FUND FOR THE GATEWAY CRA EXPANSION AREA AS ESTABLISHED IN RESOLUTION 03-22; ESTABLISHING THE BASE YEAR FOR THE EXPANSION AREA; PROVIDING FOR THE FUNDING OF THE REDEVELOPMENT TRUST FUND FOR THE COMMUNITY REDEVELOPMENT EXPANSION AREA; PROVIDING FOR THE APPROPRIATION OF TAX INCREMENT REVENUES OF THE CITY AND THE COUNTY TO THE REDEVELOPMENT TRUST FUND; PROVIDING FOR THE USE OF SUCH FUNDS BY THE COMMUNITY REDEVELOPMENT AGENCY; PROVIDING FOR THE DURATION OF THE TAX INCREMENT FINANCING; PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEAL OF ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT THEREWITH; PROVIDING AN EFFECTIVE DATE. WHEREAS, the Legislature of Florida has enacted the Community Redevelopment Act of 1969, as amended, and codified as Part III, Chapter 163; Florida Statutes (the "Redevelopment Act"); and WHEREAS, all powers arising through the Redevelopment Act were conferred by that Act upon counties which have adopted home rule charters, which counties in turn are authorized to delegate such powers to municipalities within their boundaries when such municipalities desire to undertake redevelopment within their respective municipal boundaries; and WHEREAS, Pinellas County, Florida (the "County") and the City of Clearwater, Florida (the "City") mutually desire to increase the ad valorem tax base of the County and City; and WHEREAS, under circumstances where a delegation for redevelopment has already occurred and the City wishes to expand that delegation, the. County finds that delegation of certain redevelopment powers and authority to the City under the Redevelopment Act is an appropriate vehicle to accomplish the necessary planning for redevelopment within the proposed expanded area in the City; and WHEREAS, the Board of County Commissioners of Pinellas County. Florida, by its Resolution No. 81-466 dated June 30,1981, delegated to the City Commission of the City of Clearwater, Florida, the power and authority to conduct redevelopment activities as defined in the Redevelopment Act; and Ordinance No. 7214-03 Q d WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 81-67 dated August 6, 1981, declared a blighted area in downtown Clearwater and the need for a Community Redevelopment Agency to carry out redevelopment activities in this blighted area; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 81-68 dated August 6, 1981, declared the City Commission to be the Community Redevelopment Agency; and WHEREAS, the City Commission of the City of Clearwater, by its Ordinance No. 2576-81 dated December 17, 1981, adopted a Redevelopment Plan for the Downtown Redevelopment Area; and WHEREAS, the City Commission of the City of Clearwater, by its Ordinance No. 2779-82 dated August 19,1982, established a Redevelopment Trust Fund for redevelopment projects within the redevelopment area and set the duration of the Trust Fund; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Ordinance No. 82-34, dated October 26, 1982, approved a redevelopment project schedule within the Clearwater Downtown Redevelopment District and created a redevelopment trust fund and provided for the appropriation of tax increment revenues of the County to the redevelopment trust fund; and WHEREAS, the City Commission of the City of Clearwater, by its Ordinance No. 3021-83 dated February 28, 1983, amended the Redevelopment Plan to add the Community Redevelopment Project Schedule; and WHEREAS, by Ordinance No. 86-14, dated April 16, 1986, the Board of County Commissioners of Pinellas County, Florida, amending Ordinance No. 82-34 approving a redevelopment project schedule within the Clearwater Downtown Redevelopment District and creating a redevelopment trust fund and providing for the appropriation of tax increment revenues of the County to the redevelopment trust fund; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 99-26 dated April 7, 1994, adopted an official map clearly and precisely showing the boundaries of the community redevelopment area; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution No. 94-157, dated June 7. 1994, re-delegated redevelopment powers to the City Commission of the City of Clearwater, Florida, after a rectification between the Redevelopment District map and the Redevelopment District legal description; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 95-65, dated August 17, 1995, adopted an amended redevelopment plan for the Redevelopment Area; 2 Ordinance No. 7214-03 • • WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution No. 95-261,. dated September 19, 1995, approved the new Downtown Redevelopment Plan; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 96-48 dated July 18, 1996, amended the Downtown Redevelopment Plan; and WHEREAS, the Board of County Commissioners of Pinellas County. Florida, by its Resolution No. 98-42, dated February 24, 1998, approved the amendment to the Clearwater Downtown Redevelopment Plan; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 98-47 dated October 1, 1998, amended the Downtown Redevelopment Plan to change the land use designation for certain property located within the Redevelopment Area; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 99-35 dated September 2, 1999, amended the Downtown Redevelopment Plan to change the land use designation for certain property located within the Redevelopment Area; and WHEREAS, the City Commission of the City of Clearwater, Florida, by its Resolution No. 02-41, dated August 8, 2002, declared an area generally east of the Redevelopment District of the City described in said Resolution, hereinafter referred to as the "Gateway Expansion Area" to be a slum or blighted area; and WHEREAS, the Board of County Commissioners, by Resolution 02-287 dated October 29, 2002, delegated certain authority and power for the Gateway Expansion Area to the City. WHEREAS, the City. Commission of the City of Clearwater, by its Resolution 03- 22 dated May 1, 2003, expanded the boundaries of the Downtown Redevelopment Area; and WHEREAS, the City Commission of the City of .Clearwater on September 18, 2003, passed Ordinance 7153-03, as amended by Ordinance 7231-03 on December 4, 2003, adopted an amended Downtown Redevelopment Plan; and WHEREAS, the Board of County Commissioners, by Resolution 03-248 dated December 16, 2003, approved the amended Downtown Redevelopment Plan; now therefore: BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLORIDA: 3 Ordinance No. 7214-03 ~ • Section 1. Ordinance 2779-82, which was passed and adopted on August 19, 1982 is hereby amended and readopted to read as follows: Creation and Purpose There is hereby established and created, pursuant to Section 163.387, Florida Statutes, a Redevelopment Trust Fund, hereinafter referred to as the "Fund," to be used exclusively to finance or refinance community redevelopment projects by the City of Clearwater Community Redevelopment Agency, pursuant to Chapter 163, Florida Statutes, Part I II, Community Redevelopment Act. The funds allocated to, and deposited into, the Fund as provided in this Ordinance are hereby appropriated to the City of Clearwater Community Redevelopment Agency, hereinafter referred to as "Agency," to finance the City of Clearwater community redevelopment projects within the redevelopment area identified in Ordinance No. 7153-03 of the City of Clearwater, as it may be amended from time to time. The Agency shall utilize the funds and revenues paid into and earned by the Fund for those community redevelopment purposes delegated to it as contained in the plan for redevelopment and as provided by law, and such fund shall exist for the duration of the projects within the redevelopment area, and for so long thereafter as indebtedness continues to exist. 2. Monies Appropriated To and Comprising the Fund The Redevelopment Trust Fund shall consist of, and the City of Clearwater hereby appropriates, commits and sets over for payment into the Fund a sum equal to that increment from the income, proceeds, revenues and funds of the City derived from or earned in connection with the community redevelopment project area, and agencies undertaking and carrying out of the community redevelopment projects therein. Such tax increment shall be determined and appropriated annually, and shall be an amount equal to 95 percent of the difference between: (a) The amount of ad valorem taxes levied each year by the City and County1 exclusive of any amount from any debt service millage, on taxable real property contained within the geographic boundaries of the redevelopment area as defined in the adopted Redevelopment Plan for Downtown Clearwater (Ordinance No. 7153-03, as amended by Ordinance No. 7231-03); and (b) (1) For the original CRA area: the amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by the County and City, exclusive of any amount from any debt service millage, upon the total of the assessed value of the taxable property in the above-referenced redevelopment area as shown upon the assessment role used in connection with the taxation of such property by r 4 Ordinance No. 7214-03 .~ • • the County and the City prior to the effective date (December 17, 1981) of Ordinance No. 2576-81 of the City of Clearwater; or (2) For the Gateway Expansion Area: the amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by the County and City, exclusive of any amount from any debt service millage, upon the total of the assessed value of the taxable property in the above-referenced redevelopment area as shown upon the most recent assessment role used in connection with the taxation of such property by the County and the City prior to the effective date of the County ordinance providing for the funding of the trust fund. In calculating the increment, the amount of ad valorem taxes levied based on county-wide debt service on general obligation County bonds or city-wide debt service on general obligation City bonds shall be excluded from the calculation. All increments in this amount shall continue to be used for its voter-approved purpose and shall not be appropriated in any part to the Fund. In no year shall the County or City obligation to the Fund exceed the amount of that year's tax increment as defined by this ordinance. The Agency is directed to establish and set up the Fund and to develop and promulgate rules, regulations and criteria whereby the Fund may be promptly and effectively administered, including the establishment and maintenance of books and records and adoption of procedures whereby the Agency may, expeditiously and without undue delay, utilize such funds for their allocated statutory purpose. The Agency is faced with full responsibility for the receipt, custody, disbursement, accountability, management and proper application of all monies paid into the Fund. 3. Duration of the Fund Subject to approval by the County, the County and City shall annually appropriate to the Fund the tax increment due the Fund at the beginning of the County and City fiscal year. However, the Fund shall receive the tax increment only as, if and when such taxes are collected. The City's obligation to annually appropriate to the Fund shall commence immediately upon effective date of this ordinance and continue until all loans, advances, indebtedness and obligations incurred as a result of the community redevelopment project have been paid or for thirty years from the effective date of this ordinance, if there has not been at the end of that thirty year period a pledge of the tax increment funding granted by this ordinance through a formal commitment to expend funds or the issuance, sale or delivery of an instrument of indebtedness such as bonds or tax anticipation notes described in Section 163.385, Florida Statutes. Notwithstanding the above, in 2019, the County may review its tax increment contribution to determine whether given the totality of the circumstances, it continues to 5 Ordinance No. 7214-03 be appropriate to dedicate the County portion of tax increment at the existing level, beyond 15 years. Nothing herein precludes the County from considering dedication at a reduced commitment provided that option is legally available. Redevelopment Conditions for 15-near TIF review The success of the Plan relies on significant private investment in residential, employment and retail uses so that the Downtown is marketable. Absent realizing this investment, the Plan is not succeeding. 1. Performance of TIF revenues During the 15-year review period, how do the annual TIF revenues collected compare to the estimated revenues? Measures: Collected TIF revenues (per Property Appraiser and Tax Collector) 2. Implementation of Downtown Redevelopment Plan During the 15-year review period, how has the City performed in implementing the Downtown Redevelopment Plan with particular emphasis on use of TIF funds in implementation. Measures: Capital projects built or almost complete compared to the Capital Improvement Plan of the Downtown Redevelopment Plan; and CRA Programs and Initiatives implemented compared to those in the Downtown Redevelopment Plan implementation chapter. Changes in the employment opportunities in the Downtown/CRA comparing the year of Plan adoption to the 15~' year after adoption. 3. Effectiveness of Downtown Redevelopment Plan at Mitigating Blighting Influence During the 15-year review period, did the actions implementing the Downtown Redevelopment Plan have the desired effect of redeveloping the CRA? Measures: Changes in the Downtown/CRA assessed property value as compared to the City's assessed value between the years of Plan Adoption to the 15~' year after adoption. Demographic chan~es in the Downtown/CRA and in the City comparing the year of Plan adoption to the 15 year after adoption. Housing changes in the Downtown/CRA and in the City comparing the year of Plan adoption to the 15~' year after adoption. ~. 6 Ordinance No. 7214-03 ~i • ~ T Property ownership rates, code violation enforcement rates and crime rates in the Downtown/CRA and in the City comparing the year of Plan adoption to the 15~' year after adoption. The City shall submit the data and analysis to the County for the 15 year review no later than October 1, 2018. The Board of County Commissioners shall complete its review prior to March 1, 2019 and shall notify the Community Redevelopment Agency in writing by March 1, 2019, if it intends to eliminate or reduce the amount and/or duration of the County's tax increment contribution after the 15"' year of increment. In the absence of such notification, the contribution shall continue as provided herein. 4. Projects The assets of the Redevelopment Trust Fund shall be applied, allocated, expended and invested or reinvested in furtherance of the projects outlined in the Downtown Redevelopment Plan as adopted in Ordinance 7153-03, and amended by Ordinance 7231-03 or as that Plan is amended from time to time. Such application of the funds shall also be consistent with the provisions of Chapter 163, Florida Statutes, Part III, Community Redevelopment Act. There is hereby established and created, in accordance with the provisions of the Act, a Community Redevelopment Trust Fund ("Trust Fund") for the Community Redevelopment Area including the Gateway Expansion Area, which funds shall be utilized and expended for the purposes of and in accordance with the Plan, including any "community redevelopment," as that term is defined in Section 163.340(9), Florida Statutes, under the Plan. The funds deposited or allocated into the Trust Fund are appropriated to the City of Clearwater Community Redevelopment Agency to finance the Downtown Clearwater Community Redevelopment Plan. The Community Redevelopment Agency shall use the funds paid into or earned by the Trust Fund for any community redevelopment purpose delegated to it, as set forth in the modified Downtown Clearwater Community Redevelopment Plan Ordinance. Use of that portion of the tax increment attributable to the County shall be limited to capital improvements, land acquisition and environmental remediation as more specifically provided in Ordinance 7153-03, as amended by Ordinance 7231-03 and as it is amended from time to time. Section 2. Severability If any provision or portion of this Ordinance is declared by any court of competent jurisdiction to be void, unconstitutional or unenforceable, then all remaining provisions and portions of this Ordinance shall remain in full force and effect. Section 3. Repeal Conflicting Ordinance 7 Ordinance No. 7214-03 r All ordinances or parts of ordinances in conflict.herewith are to the extent of such conflict hereby repealed. Section 4. Effective Date This ordinance shall take effect upon adoption of the County ordinance establishing the Redevelopment Trust Fund as provided herein. PASSED ON FIRST READING December 18, 2003 PASSED ON SECOND AND FINAL :January; 15. 2004 READING AND ADOPTED AS AMENDED B ian . Aun s Mayor-Commissioner Approved as to form: Pamela K. Akin City Attorney Attest: ~~ Cy t is E. Goudeau- City Jerk 8 Ordinance No. 7214-03 0 • • ORDINANCE NO. 7214-03 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING ORDINANCE 2779-82, WHICH ESTABLISHED A REDEVELOPMENT TRUST FUND PURSUANT TO SECTION 163.387, FLORIDA STATUTES TO PROVIDE FOR THE DEPOSIT OF FUNDS INTO THE TRUST FUND FOR THE GATEWAY CRA EXPANSION AREA AS ESTABLISHED IN RESOLUTION 03-22; ESTABLISHING THE BASE YEAR FOR THE EXPANSION AREA; PROVIDING FOR THE FUNDING OF THE REDEVELOPMENT TRUST FUND FOR THE COMMUNITY REDEVELOPMENT EXPANSION AREA; PROVIDING FOR THE APPROPRIATION OF TAX INCREMENT REVENUES OF THE CITY AND THE COUNTY TO THE REDEVELOPMENT TRUST FUND; PROVIDING FOR THE USE OF SUCH FUNDS BY THE COMMUNITY REDEVELOPMENT AGENCY; PROVIDING FOR THE DURATION OF THE TAX INCREMENT FINANCING; PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEAL OF ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT THEREWITH; PROVIDING AN EFFECTIVE DATE. WHEREAS, the Legislature of Florida has enacted the Community Redevelopment Act of 1969, as amended, and codified as Part III, Chapter 163, Florida Statutes (the "Redevelopment Act"); and WHEREAS, all powers arising through the Redevelopment Act were conferred by that Act upon counties which have adopted home rule charters, which counties in turn are authorized to delegate such powers to municipalities within their boundaries when such municipalities desire to undertake redevelopment within their respective municipal boundaries; and WHEREAS, Pinellas County, Florida (the "County") and the City of Clearwater, Florida (the "City") mutually desire to increase the ad valorem tax base of the County and City; and WHEREAS, under circumstances where a delegation for redevelopment has already occurred and the City wishes to expand that delegation, the County finds that delegation of certain redevelopment powers and authority to the City under the Redevelopment Act is an appropriate vehicle to accomplish the necessary planning for redevelopment within the proposed expanded area in the City; and WHEREAS, the Board of County Commissioners of Pinellas County. Florida, by its Resolution No. 81-466 dated June 30,1981, delegated to the City Commission of the City of Clearwater, Florida, the power and authority to conduct redevelopment activities as defined in the Redevelopment Act; and Ordinance No. 7214-03 • • WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 81-67 dated August 6, 1981, declared a blighted area in downtown Clearwater and the need for a Community Redevelopment Agency to carry out redevelopment activities in this blighted area; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 81-68 dated August 6, 1981, declared the City Commission to be the Community Redevelopment Agency; and WHEREAS, the City Commission of the City of Clearwater, by its Ordinance No. 2576-81 dated December 17, 1981, adopted a Redevelopment Plan for the Downtown Redevelopment Area; and WHEREAS, the City Commission of the City of Clearwater, by its Ordinance No. 2779-82 dated August 19,1982, established a Redevelopment Trust Fund for redevelopment projects within the redevelopment area and set the duration of the Trust Fund; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Ordinance No. 82-34, dated October 26, 1982, approved a redevelopment project schedule within the Clearwater Downtown Redevelopment District and created a redevelopment trust fund and provided for the appropriation of tax increment revenues of the County to the redevelopment trust fund; and WHEREAS, the City Commission of the City of Clearwater, by its Ordinance No. 3021-83 dated February 28, 1983, amended the Redevelopment Plan to add the Community Redevelopment Project Schedule; and ' WHEREAS, by Ordinance No. 86-14, dated April 16, 1986, the Board of County Commissioners of Pinellas County, Florida, amending Ordinance No. 82-34 approving a redevelopment project schedule within the Clearwater Downtown Redevelopment District and creating a redevelopment trust fund and providing for the appropriation of tax increment revenues of the County to the redevelopment trust fund; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 99-26 dated April 7, 1994, adopted an official map clearly and precisely showing the boundaries of the community redevelopment area; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution No. 94-157, dated June 7. 1994, re-delegated redevelopment powers to the City Commission of the City of Clearwater, Florida, after a rectification between the Redevelopment District map and the Redevelopment District legal description; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 95-65, dated August 17, 1995, adopted an amended redevelopment plan for the Redevelopment Area; 2 Ordinance No. 7214-03 • • WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution No. 95-261, dated September 19, 1995, approved the new Downtown Redevelopment Plan; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 96-48 dated July 18, 1996, amended the Downtown Redevelopment Plan; and WHEREAS, the Board of County Commissioners of Pinellas County. Florida, by its Resolution No. 98-42, dated February 24, 1998, approved the amendment to the Clearwater Downtown Redevelopment Plan; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 98-47 dated October 1, 1998, amended the Downtown Redevelopment Plan to change the land use designation for certain property located within the Redevelopment Area; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 99-35 dated September 2, 1999, amended the Downtown Redevelopment Plan to change the land use designation for certain property located within the Redevelopment Area; and WHEREAS, the City Commission of the City of Clearwater, Florida, by its Resolution No. 02-41, dated August 8, 2002, declared an area generally east of the Redevelopment District of the City described in said Resolution, hereinafter referred to as the "Gateway Expansion Area" to be a slum or blighted area; and WHEREAS, the Board of County Commissioners, by Resolution 02-287 dated October 29, 2002, delegated certain authority and power for the Gateway Expansion Area to the City. WHEREAS, the City Commission of the City of Clearwater, by its Resolution 03- 22 dated May 1, 2003, expanded the boundaries of the Downtown Redevelopment Area; and WHEREAS, the City Commission of the City of Clearwater on September 18, 2003, passed Ordinance 7153-03, as amended by Ordinance 7231-03 on December 4, 2003, adopted an amended Downtown Redevelopment Plan; and WHEREAS, the Board of County Commissioners, by Resolution approved the amended Downtown Redevelopment Plan; now therefore: BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLORIDA: 3 Ordinance No. 7214-03 • • Section 1. Ordinance 2779-82, which was passed and adopted on August 19, 1982 is hereby amended and readopted to read as follows: Creation and Purpose There is hereby established and created, pursuant to Section 163.387, Florida Statutes, a Redevelopment Trust Fund, hereinafter referred to as the "Fund," to be used exclusively to finance or refinance community redevelopment projects by the City of Clearwater Community Redevelopment Agency, pursuant to Chapter 163, Florida Statutes, Part III, Community Redevelopment Act. The funds allocated to, and deposited into, the Fund as provided in this Ordinance are hereby appropriated to the City of Clearwater Community Redevelopment Agency, hereinafter referred to as "Agency," to finance the City of Clearwater community redevelopment projects within the redevelopment area identified in Ordinance No. 7153-03 of the City of Clearwater. The Agency shall utilize the funds and revenues paid into and earned by the Fund for those community redevelopment purposes delegated to it as contained in the plan for redevelopment and as provided by law, and such fund shall exist for the duration of the projects within the redevelopment area, and for so long thereafter as indebtedness continues to exist. 2. Monies Appropriated To and Comprising the Fund The Redevelopment Trust Fund shall consist of, and the City of Clearwater hereby appropriates, commits and sets over for payment into the Fund a sum equal to that increment from the income, proceeds, revenues and funds of the City derived from or earned in connection with the community redevelopment project area, and agencies undertaking and carrying out of the community redevelopment projects therein. Such tax increment shall be determined and appropriated annually, and shall be an amount equal to the difference between: (a) The amount of ad valorem taxes levied each year by the City and County on taxable real property contained within the geographic boundaries of the redevelopment area as defined in the adopted Redevelopment Plan for Downtown Clearwater (Ordinance No. 7153-03, as amended by Ordinance No. 7231-03; and (b) (1) For the original CRA area: the amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by the County and City upon the total of the assessed value of the taxable property in the above-referenced redevelopment area as shown upon the assessment role used in connection with the taxation of such property by the County and the City prior to the effective date (December 17, 1981) of Ordinance No. 2576-81 of the City of Clearwater; or 4 Ordinance No. 7214-03 • • (2) For the Gateway Expansion Area: the amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by the County and City upon the total of the assessed value of the taxable property in the above-referenced redevelopment area as shown upon the most recent assessment role used in connection with the taxation of such property by the County and the City prior to the effective date (December 4, 2003) of Ordinance No. 7231-03 of the City of Clearwater enacting the downtown redevelopment plan. In calculating the increment, the amount of ad valorem taxes levied based on county-wide debt service on general obligation County bonds or city-wide debt service on general obligation City bonds shall be excluded from the calculation. All increments in this amount shall continue to be used for its voter-approved purpose and shall not be appropriated in any part to the Fund. In no year shall the County or City obligation to the Fund exceed the amount of that year's tax increment as defined by this ordinance. Specifically excluded from the annual funding calculations are any increments in ad valorem taxes received by the Pinellas County Planning Council, the Juvenile Welfare Board, the West Coast Regional Water Supply Authority, the South West Florida Water Management District, the Pinellas Anclote River Basin Board, Emergency Medical Board, Environmentally Endangered Lands, the Central Pinellas Transit Authority, the Clearwater Downtown Development Board, and any other such boards, councils or authorities as may be duly established during the duration of the trust fund. The Agency is directed to establish and set up the Fund and to develop and promulgate rules, regulations .and criteria whereby the Fund may be promptly and effectively administered, including the establishment and maintenance of books and records and adoption of procedures whereby the Agency may, expeditiously and without undue delay, utilize such funds for their allocated statutory purpose. The Agency is faced with full responsibility for the receipt, custody, disbursement, accountability, management and proper application of all monies paid into the Fund. 2. Duration of the Fund The County and City shall annually appropriate to the Fund the tax increment due the Fund at the beginning of the County and City fiscal year. However, the Fund shall receive the tax increment only as, if and when such taxes are collected. The County and City's obligation to annually appropriate to the Fund shall commence immediately upon effective date of this ordinance and continue until all loans, advances, indebtedness and obligations incurred as a result of the community redevelopment project have been paid or for thirty years from the effective date of this ordinance, if there has not been at the end of that thirty year period a pledge of the tax increment funding granted by this ordinance through a formal commitment to expend 5 Ordinance No. 7214-03 • • funds or the issuance, sale or delivery of an instrument of indebtedness such as bonds or tax anticipation notes described in Section 163.385, Florida Statutes. Notwithstanding the above, in 2019, the County may review its tax increment contribution to determine whether given the totality of the circumstances there is a continued need for the dedication of the County portion of tax increment at the existing level. Conditions for 15-near TIF review The success of the Plan relies on significant private investment in residential, employment and retail uses so that the Downtown is marketable. Absent realizing this investment, the Plan is not succeeding. 1. Performance of TIF revenues During the 15-year review period, how do the annual TIF revenues collected compare to the estimated revenues? Measures: Collected TIF revenues (per Property Appraiser and Tax Collector) 2. Implementation of Downtown Redevelopment Plan During the 15-year review period, how has the City performed in implementing the Downtown Redevelopment Plan with particular emphasis on use of TIF funds in implementation. Measures: Capital projects built or almost complete compared to Capital Improvement Plan; and CRA Programs and Initiatives implemented compared to those in the Downtown Redevelopment Plan implementation chapter. 3. Effectiveness of Downtown Redevelopment Plan at Mitigating Blighting Influence During the 15-year review period, did the actions implementing the Downtown Redevelopment Plan have the desired effect of redeveloping the CRA? Measures: Changes in the Downtown/CRA assessed property value as compared to the City's assessed value between the years of Plan Adoption to the 15tH year after adoption. Demographic changes in the Downtown/CRA comparing the year of Plan adoption to the 15tH year after adoption. Housing changes in the Downtown/CRA comparing the year of Plan adoption to the 15tH year after adoption. 6 Ordinance No. 7214-03 • Property ownership rates, code enforcement rates and crime rates in the Downtown/CRA comparing the year of Plan adoption to the 15th year after adoption. The Board of County Commissioners shall complete its review prior to March 1, 2019 and shall notify the Community Redevelopment Agency in writing by March 1, 2019, if it intends to eliminate or reduce the County's tax increment contribution. In the absence of such notification, the contribution shall continue as provided herein. 4. Projects The assets of the Redevelopment Trust Fund shall be applied, allocated, expended and invested or reinvested in furtherance of the projects outlined in the Downtown Redevelopment Plan as adopted in Ordinance 7153-03, and amended by Ordinance 7231-03. Such application of the funds shall also be consistent with the provisions of Chapter 163, Florida Statutes, Part III, Community Redevelopment Act. There is hereby established and created, accordance with the provisions of the Act, a Community Redevelopment Trust Fund ("Trust Fund") for the Community Redevelopment Area including the Gateway Expansion Area, which funds shall be utilized and expended for the purposes of and in accordance with the Plan, including any "community redevelopment," as that term is defined in Section 163.340(9), Florida Statutes, under the Plan. The funds deposited or allocated into the Trust Fund are appropriated to the City of Clearwater Community Redevelopment Agency to finance the Downtown Clearwater Community Redevelopment Plan. The Community Redevelopment Agency shall use the funds paid into or earned by the Trust Fund for any community redevelopment purpose delegated to it, as set forth in the modified Downtown Clearwater Community Redevelopment Plan Ordinance. Use of that portion of the tax increment attributable to the County shall be limited to capital improvements, land acquisition and environmental remediation as more specifically provided in Ordinance 7231-03. Section 2. Severability If any provision or portion of this Ordinance is declared by any court of competent jurisdiction to be void, unconstitutional or unenforceable, then all remaining provisions and portions of this Ordinance shall remain in full force and effect. Section 3. Repeal Conflicting Ordinance All ordinances or parts of ordinances in conflict herewith are to the extent of such conflict hereby repealed. Section 4. Effective Date 7 Ordinance No. 7214-03 • • This ordinance shall take effect immediately upon adoption. PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED Approved as to form: Pamela K. Akin City Attorney Brian J. Aungst Mayor-Commissioner Attest: Cynthia E. Goudeau City Clerk 8 Ordinance No. 7214-03 • • Parry, Mark From: Clayton, Gina Sent: Thursday, September 30, 2004 10:50 AM To: Parry, Mark Subject: FW: Dates of BCC Action on Clearwater CRA I think I sent this to you to put in the file. You may also want to put this in that Downtown Notebook. Thanks. -----Original Message----- From: David Walker [mailto:dwalkerC~co.pinellas.fl.us] Sent: Thursday, September 09, 2004 11:24 AM To: Clayton, Gina Cc: g.beardslee@worldnet.att.net Subject: Dates of BCC Action on Clearwater CRA Hi Gina: I received a note from Gordon that you are needing the dates of the BCC actions upon the Clearwater CRA Plan. These actions were taken from the point that Clearwater proposed to expand their CRA boundaries: BCC Resolution 02-287 (October 29, 2002): delegated to City Commission authority to name itself as the CRA Board and to prepare a CRA Plan for the expansion area. . BCC Resolution 03-248 (December 16, 2003):- approved Clearwater Downtown Redevelopment Plan, as amended, and delegated additional redevelopment powers, per Ch. 163, including the creation of a redevelopment trust fund (Ch. 163.387). BCC Ordinance 04-10 (February 9, 2004): approved amendments to redevelopment trust fund. I hope this is helpful. If you have any questions, please let me know. David 1 • • Parry, Mark From: Clayton, Gina Sent: Thursday, September 30, 2004 10:51 AM To: Parry, Mark Subject: FW: Dates of BCC Action on Clearwater CRA This was follow-up to the previous e=mail. -----Original Message----- From: David Walker [mailto:dwalker@co.pinellas.fl.us] Sent: Thursday, September 09, 2004 3:41 PM To: Clayton, Gina Subject: RE: Dates of BCC Action on Clearwater CRA Oops, my mistake. The Clerk signed off on the Ordinance 04-10 on Feb. 9th. The ordinance was indeed adopted by the Board on February 3, 2004. At the same meeting, the Board, sitting as the CPA, approved the Plan. Sorry. David »> <Gina.Clayton@myClearwater.com> 9/9/2004 1:52:28 PM »> wasn't Ord. 04-10 passed on Feb. 3rd at the same meeting the CPA approved the Plan? -----Original Message----- From: David Walker [mailto:dwalker@co.pinellas.fl.us] Sent: Thursday, September 09, 2004 11:24 AM To: Clayton, Gina Cc: g.beardslee@worldnet.att.net Subject: Dates of BCC Action on Clearwater CRA Hi Gina: I received a note from Gordon that you are needing the dates of the BCC actions upon the Clearwater CRA Plan. These actions were taken from the point that Clearwater proposed to expand their CRA boundaries: BCC Resolution 02-287 (October 29, 2002): delegated to City Commission authority to name itself as the CRA Board and to prepare a CRA Plan for the expansion area. BCC Resolution 03-248 (December 16, 2003): approved Clearwater Downtown Redevelopment Plan, as amended, and delegated additional redevelopment powers, per Ch. 163, including the creation of a redevelopment trust fund (Ch. 163.387). BCC Ordinance 04-10 (February 9, 2004): approved amendments to redevelopment trust fund. I hope this is helpful. If you have any questions, please let me know. David 1 • • BOARD OF COUNTY COMMISSIONERS PINELLAS -COUNTY, FLORIDA 315 COURT STREET CLEARWATER, FLORIDA 33756 COMMISSIONERS: ~ ~ - .' KAREN WILLIAMS SEEL-CHAIRMAN ~ ~ ~ ~~~ ~ , SUSAN LATVALA • VICE CHAIRMAN ~ ~ ~ ~ ~ - CALVIN D. HARRIS • JOHNMORRONI OLt~ ~ ~ ~~~~ ROBERT B. STEWART - - BARBARA SHEEN TODD KENNETH T WELCH ' - ~ PLA~l~1lf~la i~~PARTMENT • CITY 0~ CL~A~VNATER. December 18, 2003 , Ms. Gina Clayton City ofClearwater -Planning - 100 S. Myrtle Ave. ~ " . - Clearwater, FL 33756 RE: County Resolution on Clearwater Downtown Redevelopment Plan G Dear Ms. Cl~~`y'!" ~ . For your records, I am enclosing a copy of Pinellas County Resolution 03-248, adopted at the Board of County Commissioners meeting'on December 16, 2003, regarding the approval ofthe Clearwater Downtown Redevelopment Plan _ If you have any questions, please call Gordon Beardslee. or me at 727/464-8200. /~r~ • , Sincerely, ~~~ - David L. alker Principal Planner Enc. coTres/CraResLtr _ PLEASE ADDRESS REPLY TO: 315 Court Street Clearwater, FL 33756 "PineNas County is an Equal Opportunity Employer" ~ Member-Pinellas Partnership for a Drug Free Workplace ~~ printed on recycled paper • No. ,3Ga BCC 12/16/03 3:10 P.M. Penhale/FICKLEY/Jones #36a RESOLUTION NO. 03-248 ADOPTED APPROVING THE CLEARWATER DOWNTOWN REDEVELOPMENT PLAN FOR THE CITY OF CLEARWATER PURSUANT TO THE COMMUNITY REDEVELOPMENT ACT OF 1969, CHAPTER 163, PART III, FLORIDA STATUTES; DELEGATING SPECIFIC REDEVELOPMENT POWERS TO THE CITY OF CLEARWATER; AND PROVIDING FOR AN EFFECTIVE DATE (PLANNING) County Administrator Stephen M. Spratt recommended adoption of a resolution approving the Downtown Clearwater Redevelopment Plan as amended: by the City Commission on December 4, 2003; and delegating additional redevelopment powers to the Clearwater City Commission, including the authority to establish a Redevelopment Trust Fund subject to Board approval. Director of Planning Brian K. Smith referred to a map of the Clearwater area and reviewed the plan .modifications requested by the Board; whereupon, City of Clearwater Planning Director Cynthia Tarapani provided an overview of the amendments to the plan which have been approved by the Clearwater City Commission; and indicated that an additional amendment has been added declaring the City's intent to attract a movie theater and entertainment complex to the downtown area. Following discussion, Commissioner Latvala moved, seconded by Commissioner Welch, that Resolution No. 03-248 be adopted as recommended. Upon roll call, the vote was: Ayes: Seel, Latvala,-Todd, Stewart, Harris, Morroni and Welch. Nays: None. - Absent and not voting: None. Upon request by the Chairman, William B. Horne II, Clearwater City Manager, discussed the opening and operation of the new reverse osmosis plant. * * ~: t, ~ • RESOLUTION NO. 03-248 RESOLUTION APPROVING THE CLEARWATER DOWNTOWN REDEVELOPMENT PLAN FOR THE CITY OF CLEARWATER PURSUANT TO THE COMMUNITY REDEVELOPMENT ACT OF 1969, CHAPTER 163, PART III, FLORIDA STATUTES; DELEGATING SPECIFIC REDEVELOPMENT POWERS TO THE CITY OF CLEARWATER; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution No. 81-466 dated June 30, 1981, delegated to the City Commission of the City of Clearwater, Florida, the power and authority to conduct redevelopment activities as defined in the Redevelopment Act; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Ordinance No. 82-34, dated October 26, 1982, approved a redevelopment project schedule within the Clearwater Downtown Redevelopment District and created a redevelopment trust fund and provided for the appropriation of tax increment revenues of the County to the redevelopment trust fund; and . WHEREAS, by Ordinance No. 86-14, dated April 16,,1986, the Board of County Commissioners of Pinellas County, Florida amended Ordinance No. 82-34 approving a redevelopment .project schedule within the Clearwater Downtown Redevelopment District and creating a redevelopment trust fund and providing for the appropriation of tax increment revenues of the County to the redevelopment trust fund; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida; by its Resolution No. 94-157; dated June 7, 1994, re-delegated redevelopment powers to the City Commission of the City of Clearwater, Florida, after a rectification between the map and the legal description for the "original Downtown Redevelopment District"; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution No. 95-261, dated :September 19, 1995, approved the Clearwater Downtown Redevelopment Plan that replaced the Plan approved in November 1981; and WHEREAS, the Board of County Commissioners of Pinellas County; Florida, by its Resolution No. 98-42, dated February 24, 1998, ,approved an amendment to the Clearwater Downtown Redevelopment Plan; and WHEREAS, the City Commission of the City of Clearwater, Florida, by its Resolution No. 02-41, dated August 8, .2002, declared an area generally east of the Redevelopment District of the City described in said Resolution, hereinafter referred to as the "East Expansion Area", to be a slum or blighted area; and '- • • WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by Resolution No. 02-287, dated October 29, 2002, delegated to the City Commission of the City of Clearwater, limited authority and powers to conduct redevelopment activities as defined in Chapter 163, Part III, Florida Statutes (the "Act") and defined Community Redevelopment District boundaries; and WHEREAS, the Community Redevelopment Agency for the City of Clearwater approved the Redevelopment Plan and forwarded its recommendation of approval to the City Commission of the City of Clearwater; and WHEREAS, the City Commission of the City of Clearwater, Florida approved the Clearwater Downtown Redevelopment Plan on .September 18, 2003 (Clearwater Ordinance No. 7153-03) and approved amendments to the Plan on December 4, 2003 (Clearwater Ordinance No. 7231-03). NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF PINELLAS COUNTY, FLORIDA: I. That the Clearwater Downtown Redevelopment Plan, as amended, is hereby approved. All redevelopment financed by increment revenues shall be completed within 30 years of the adoption of the amended plan approved by this Resolution. II. That, in the case of any amendments to the Clearwater Downtown Redevelopment Plan adopted by the City Commission of the City of Clearwater, Florida, the City shall submit said amendments to the Pinellas County Board of County Commissioners for consideration and approval. III. After the City. Commission of the City of Clearwater, Florida, takes final action on the Clearwater Downtown Redevelopment Plan, a copy of the - instrument of action shall be submitted to the Clerk of the Pinellas County Board of County Commissioners and made a part of the Public Records of Pinellas County, Florida. IV. .That, in addition to the powers specifically delegated in Pinellas County Resolution No. 02-287, the City of Clearwater is hereby delegated all Redevelopment power enumerated in Chapter 163, Part III, of the Florida Statutes within the Clearwater Downtown Redevelopment District including, but not limited to, the following: A. Powers enumerated in Section 163.358, Florida Statutes, including, but not limited to: I° . 1 :i' • • 1. The power to authorize the issuance of revenue bonds as set forth in Section 163.385, Florida Statutes. 2. The power to approve the acquisition, demolition, removal, or disposal of property and the power to assume the responsibility to bear loss, all pursuant to Section 163.370(3), Florida Statutes. 3. The power to approve the development of community policing innovations. B: Powers enumerated in Section 163.375, Florida Statutes, which include the power to acquire by Eminent Domain any interests in real property. C. All powers listed in Sections 163.350, 163.353, 163.370, 163.380, 163.387, 163.395 acid 163.400 of the Florida Statutes. V. That delegation of authority contained herein is subject to the Board of County Commissioners of Pinellas County retaining authority to: A. Review and approve annual progress reports to be prepared by'the City, with a due date coinciding with the monthly date of this resolution. The reports shall detail the relationship between accomplishments of the redevelopment program and those projects that are proposed in the redevelopment plan ultimately adopted by the City. B. Review and approve the creation, duration, operational basis and debt service structure of the redevelopment trust fund prior to its implementation including any related tax increment financing. The approval may require the City to seek additional funding sources for the redevelopment plans and projects that :will be in addition to any tax increment financing. . VI. This Resolution shall become effective immediately upon its adoption Commissioner Latyala offered the foregoing Resolution and moved its ~tlado~tion;~whicli ova's seoonded by.Commissioner welch and upon roll call the vote ~a. ;•ri+n~P~~+ .,! ih i'C;d f,.'.•'.Y; .. is .. a+'1'' E °r. i ,.~t,'.ti' „~,~.~1~~YES "Se""e1~zL`atvala;.;.'Todd, Stewart, Harris, Morroni and Welch. Y!inaJ9~3 ~:.,, ';: ~:.,. a ..:r„ .. .•~ .. .. ~,~.f.>; ~,;o~ ~, :~~~ ;NAPES , .None.: - . f : .: Y, .. . ~,,:: , ,C.~ ABSENT AND NOT VOTING: None. _ ~.._ _w..___ J t '1 • • ~, K.~RtEEP~ F. Ds i31AKER, Clerk of tFw Circuit Gourf anti Clerk Cx-Officio, BcarC of County o :~r i i r n ss onars, cb hereby cer4fy riet the above and k+r;egei;,g is a true and correct cony of tl~a original s s .t appears=i~,• the oificia! filas of tha Board of C•~un;y ~fstrf R ~aicir;aFb~or,F'irwiias G~tmr;, Florida APPROYED,4$'i~ F . y t ~,rsr~Rfiam)/4;ltr•'~"'~{a~~ f ~Cl~ t 58(~ ~Unty ~t.. ~ ~f ~". a.n.2o a. O'a K~ ~ OFFICE OF C~lTYAI"~~Id~Y ~ :,i i: ~' ~`'~~ ~~n:~ts,~ circuit court t-n•Qf+~cto;~ ~l~rh , ~f ~ tho' gdsril f C ' . o • ounty ~.m~wioners; pi~~las Courit r, ~r~la `~ ~ r -B~~~~~~~ ~ 3 ~ ~, _ r .1"l" Y yy ~,;^ ~ {y~~~ Clerk a ~~ • ~ • ' ! _ /. ~ ~ e~1 ~~~ ~'/llil, .1111 x.11 ~, • • Clayton, Gina From: David Walker [dwalker@co.pinellas.fl.us] Sent: Monday, January 26, 2004 11:04 AM To: Clayton, Gina Subject: Clearwater CRA -County Action on Trust Fund CRA BCC Agenda Clearwater Draft Clwtr TIF 03.do... County Ordina... Gina: Attached are the Board memo and BCC Ordinance regarding the Redevelopment Trust Fund for Clearwater Downtown CRA. The hearing is slated for February 3rd. y 9 1 • ~,,",~~ ,~~~pUnTy ~j. ~.: ~ ~ : ~, ,~,, ~ a iG _ ___ p a i °' ~ ~ ~ OOARD OF COUNTY COMM15510NER5 BOARD OF COUNTY COMMISSIONERS DATE: February 3, 2004 AGENDA ITEM NO. Consent Agenda ^ Regular Agenda ^ Public Hearing ^ County Administrator's Signature: Subiect: Request to receive public comment and adopt a proposed ordinance approving the creation of a redevelopment trust fund for the Clearwater Downtown Community Redevelopment District. Department: Planning Department Recommended Action: Staff Member Responsible: Brian Smith, Director I RECOMMEND THAT THE BOARD RECEIVE PUBLIC COMMENT AND ADOPT THE ATTACHED PROPOSED ORDINANCE APPROVING THE CREATION OF A REDEVELOPMENT TRUST FOR THE CLEARWATER DOWNTOWN COMMUNITY REDEVELOPMENT DISTRICT. Summary Explanation/Background: On October 29, 2002, the Board delegated to the Clearwater City Commission the authority and power to conduct redevelopment activities in an eastward-expanded area (hereafter referred to the Gateway Expansion Area) of the original Downtown Clearwater Redevelopment Area that was declared by the City Commission as slum and blighted. Pursuant to Chapter 163, Part III, F.S., and the Board's delegation, the Clearwater City Commission adopted the Clearwater Downtown Redevelopment Plan on September 18, 2003. The City Commission adopted amendments to the Redevelopment Plan on December 4, 2003 before the Board of County Commissioners took action to approve the Redevelopment Plan on December 16, 2003. The City took the next step to implement the Redevelopment Plan by amending a 1982 City ordinance, which expanded the existing redevelopment trust fund for Downtown Clearwater to include the Gateway Expansion Area. After conducting two public hearings, the Clearwater City Commission, on January 15, 2004, adopted Ordinance 7214-03, attached, to create this expanded redevelopment trust fund. In delegating redevelopment powers to the Clearwater City Commission, the Board retained authority to review and approve the creation, operational basis, and debt service structure of the redevelopment trust fund; therefore, the City requests that the Board approve the redevelopment trust fund for the Clearwater Downtown Redevelopment District and the appropriation of tax increment funds from the City's and the County's ad valorem tax revenues.. The Redevelopment Trust Fund for the original Downtown Redevelopment District was established in 1982. Since the inception of tax increment financing, the City has received a cumulative total of approximately $9.9 million in tax increment revenues. The proposed Ordinance would commit tax increment contributions from the City and the County for 30 years for the Gateway Expansion Area of the Downtown Redevelopment District. Tax increment contributions for the original part of the Downtown Redevelopment District would continue for another 30 years, for a total of 50 years from when the County originally established a Redevelopment Trust Fund for this District in 1982. County staff concurs with contributing County tax increment revenues to the Clearwater Redevelopment Revised 07-18-03 Page 1 of 2 Trust Fund, as long as the Cou ontribution is allocated only to capital ' ovements, land acquisition, and environmental remediation. Furtf~ore, the proposed Ordinance would allo County in 2019 to review its tax increment contribution to determine whether, given the totality of the circumstances, it intends to eliminate or reduce the amount and/or duration of the County's tax increment contribution after the 15~h year of the increment. The proposed Ordinance contains performance measures that will ~be used to evaluate the redevelopment conditions at the time of the 15-year tax increment financing review. Fiscal Impact/Cost/Revenue Summary: According to projections provided in the Redevelopment Plan, the City is seeking tax increment revenues from the original part of the Downtown Redevelopment District for the next 30 years through 2033. The County has been contributing tax increment revenues to the City for downtown redevelopment since 1983. The contribution commitment being sought for the Gateway Expansion Area to the Downtown Redevelopment District is also proposed to be 30 years. The projected County contribution for the next 30 years (from 2003 to 2033) for the original Downtown Redevelopment District is estimated at $30.8 million (95% of the tax increment). Total tax increment revenues from the original Downtown Redevelopment District with City, County, and Downtown Development Board contributions for the next 30 years are estimated at $64.7 million. The initial base year established for the original Redevelopment Trust Fund for Downtown Clearwater will continue to be used for calculating tax increments for this portion of the Downtown Redevelopment District. For the Gateway Expansion Area to the Downtown Redevelopment District, a 30-year contribution of tax increment revenues from the County is projected to be approximately $3.7 million (95% of the tax increment). The Plan projects that City and County tax increment contributions from the Gateway Expansion Area to the Redevelopment Trust Fund would total approximately $7.1 million over this 30-year period (from 2003 to 2033). Tax increments would be calculated using the base year established at Ordinance adoption. The combined tax increment revenues collected by the County and the City, over the next 30 years from the original Downtown Redevelopment District and the Gateway Expansion Area, and taxes from the Downtown Development Board, would total approximately $71.8 million. However, as previously noted, the County will be able to conduct a comprehensive evaluation of progress on implementing the Redevelopment Plan after 15 years to determine whether the County's tax increment contributions should be adjusted for the remaining 15 years. Exhibits/Attachments Attached: 1) Proposed Board Ordinance 2) Clearwater Ordinance #7214-03 Revised 07-18-03 Page 2 of 2 • • ORDINANCE NO. AN ORDINANCE AMENDING ORDINANCE NO. 82-34 APPROVING THE CREATION OF A REDEVELOPMENT TRUST FUND BY THE CITY OF CLEARWATER, FLORIDA; PROVIDING FOR THE APPROPRIATION OF TAX INCREMENT REVENUES OF THE COUNTY TO SAID REDEVELOPMENT TRUST FUND; ESTABLISHING THE BASE YEAR FOR THE EXPANSION AREA; PROVIDING FOR THE COUNTY FUNDING OF THE REDEVELOPMENT TRUST FUND FOR THE COMMUNITY REDEVELOPMENT EXPANSION AREA; PROVIDING FOR THE DURATION OF THE TAX INCREMENT FINANCING; PROVIDING FORA 1 S-YEAR REVIEW AFTER WHICH THE COUNTY WILL DECIDE ON CONTINUING FUNDING LEVELS; PROVIDING FOR CERTAIN OTHER MATTERS IN CONNECTION THEREWITH; PROVIDING AN EFFECTIVE DATE; PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEAL OF ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT WHEREAS, the Legislature of Florida has enacted the Community Redevelopment Act of 1969, as amended, and codified as Part III, Chapter 163, Florida Statutes (the "Redevelopment Act"); and WHEREAS, all powers arising through the Redevelopment Act were conferred by that Act upon counties which have adopted home rule charters, which counties in turn are authorized to delegate such powers to municipalities within their boundaries when such municipalities desire to undertake redevelopment within their respective municipal boundaries; and WHEREAS, Pinellas County, Florida (the "County") and the City of Clearwater, Florida (the "City") mutually desire to increase the ad valorem tax base of the County and City; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by Resolution No. 81-466 dated June 30, 1981, delegated to the City Commission of the City of Clearwater, Florida, the power and authority to conduct redevelopment activities as defined in Chapter 163, Part III, Florida Statutes (the "Act"); and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 81-67, dated August 6, 1981, declared a blighted area in downtown Clearwater and the need for a Community redevelopment Agency to carry out redevelopment activities in this blighted area; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 81-68, dated August 6, 1981, declared the City Commission to be the Community Redevelopment Agency; and WHEREAS, the City Commission of the City of Clearwater, by its Ordinance No. 2756-81, dated December 17, 1981; adopted a Redevelopment Plan for the Downtown Redevelopment Area; and 1 ~ • WHEREAS, the Board of County Commissioners of Pinellas County, by its Resolution 81- 795, dated November 17, 1981, approved Clearwater's Redevelopment Plan for the Downtown Redevelopment Area; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Ordinance No. 82-34, dated October 26, 1982, approved a redevelopment project schedule within the Clearwater Downtown Redevelopment District and created a redevelopment trust fund and provided for the appropriation of tax increment revenues of the County to the redevelopment trust fund; and WHEREAS, the City Commission of the City of Clearwater, by its Ordinance No. 3021-83, dated February 28, 1983, amended the Redevelopment Plan to add the Community Redevelopment Project Schedule; and WHEREAS, by Ordinance No. 86-14, dated April 16, 1986, the Board of County Commissioners of Pinellas County, Florida amending Ordinance No. 82-34 approving a redevelopment project schedule within the Clearwater Downtown Redevelopment District and creating a redevelopment trust fund and providing for the appropriation of tax increment revenues of the County to the redevelopment trust fund; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 99-26, dated April 7, 1994, adopted an official map clearly and precisely showing the boundaries of the community redevelopment area; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution No. 94-157, dated June 7, 1994, re-delegated redevelopment powers to the City Commission of the City of Clearwater, Florida, after a rectification between the Redevelopment District map and the Redevelopment District legal description; and WHEREAS, the City commission of the City of Clearwater, by its Resolution No. 95-65, dated August 17, 1995, adopted an amended redevelopment plan for the Redevelopment Area; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution No. 95-261, dated September 19, 1995, approved an amendment to the Clearwater Downtown Redevelopment Plan; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 96-48, dated July 18, 1996, amended the Downtown Redevelopment Plan; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution No. 98-42, dated February 24, 1998, approved the amendment to the Clearwater Downtown Redevelopment Plan; and 2 • WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 98-47, dated October 1, 1998, amended the Downtown Redevelopment Plan to change the land use designation for certain property located within the Redevelopment Area; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution 98-208, dated October 6, 1998, approved the amendment to the Downtown Redevelopment Plan to change the land designation for certain property located within the Redevelopment Area; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution No. 99-35, dated September 2, 1999, amended the Downtown Redevelopment Plan to change the land use designation for certain property located within the Redevelopment Area; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution 99-186, dated September 14, 1999, approved an amendment to the Downtown Redevelopment Plan to change the land use designation for certain properties located within the Redevelopment Area; and WHEREAS, under circumstances where a delegation for redevelopment has already occurred and the City wishes to expand that delegation, the County finds that delegation of certain redevelopment powers and authority to the City under the Redevelopment Act is an appropriate vehicle to accomplish the necessary planning for redevelopment within the proposed expanded area in the City; and WHEREAS, the City Commission of the City of Clearwater, Florida, by its Resolution No. 02-41, dated August 8, 2002, a copy of which has been submitted to the Clerk of this Board and made a part of the Public Records of Pinellas County, Florida, declared an area generally east of the Redevelopment District of the City described in said Resolution, hereinafter referred to as the "Gateway Expansion Area", to be a slum or blighted area; and WHEREAS, the Board of County Commissioners of Pinellas County, Florida, by its Resolution No. 02-287, dated October 29, 2002, delegated to the City Commission of the City of Clearwater, Florida, the certain power and authority to conduct redevelopment activities as defined in Chapter 163, Part III, Florida Statutes (the "Act") in the Gateway Expansion Area; and WHEREAS, the City Commission of the City of Clearwater, by its Resolution 03-22, dated May 1, 2003, expanded the boundaries of the Downtown Redevelopment Area to include the Gateway Expansion Area; and WHEREAS, the City Commission of the City of Clearwater, Florida, by its Ordinance 7153-03, dated September 18, 2003, adopted the Clearwater Downtown Redevelopment Plan, a copy of which has been submitted to the Clerk of this Board and made a part of the Public Records of Pinellas County, Florida; and i ~ WHEREAS, the City Commission of the City of Clearwater, Florida, by its Ordinance 7231-03 on December 4, 2003, amended the Clearwater Downtown Redevelopment Plan, a copy of which has been submitted to the Clerk of this Board and made a part of the Public Records of Pinellas County, Florida; and WHEREAS, the Clearwater Downtown Plan was approved by the Board of County Commissioners of Pinellas County, Florida, pursuant to Resolution No. 03-248, adopted on December 16, 2003; and WHEREAS, the City Commission of the City of Clearwater, Florida, on January 15, 2004 enacted Ordinance No. 7214-03 creating a redevelopment trust fund, pursuant to the Act, a copy of which has been submitted to the Clerk of this Board and made part of the Public Records of Pinellas County, Florida. NOW, THEREFORE BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF PINELLAS COUNTY, FLORIDA that Pinellas County Ordinance No. 82-34 is hereby amended to read as follows: SECTION 1. The creation of the redevelopment trust fund by the City of Clearwater, Florida, is hereby approved. SECTION 2. The County shall annually pay into the fund a sum equal to the increment in the income, process, revenues and funds of the County derived from or held in connection with community redevelopment project area, for the use of Clearwater's Community Redevelopment Agency in its undertaking and carrying out of the community redevelopment project plan. The increment shall be determined and appropriated annually and shall be that amount equal to ninety-five percent (95%) of the difference between: 2.1 The amount of ad valorem taxes levied each year by or for the County, exclusive of any amount from debt service millage, on taxable real property contained within the geographic boundaries of the redevelopment area as defined in the adopted Redevelopment Plan for Downtown Clearwater (Ordinance No. 7153-03, as amended by Ordinance No. 7231-03); and 2.1.1 For the original CRA area: the amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by or for the County, exclusive of any debt service millage, upon the total of the assessed value of the taxable real property in the above-referenced Redevelopment Area as shown upon the most recent assessment roll used in connection with the taxation of such property by the County prior to the effective date (December 17, 1981) of Ordinance No. 2576-81 of the City of Clearwater; or 2.1.2 For the Gateway Expansion Area: the amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by the County, exclusive of any amount from any debt service millage, upon the total 4 U of the assessed value of the taxable property in the above-referenced redevelopment area as shown upon the most recent assessment role used in connection with the taxation of such property by the County prior to the effective date of the County ordinance providing for the funding of the trust fund. 2.2 In calculating the increment, the amount of the ad valorem taxes levied based on the countywide debt service on County bonds shall be totally excluded from the calculation. All increments in this amount shall continue to be used for its voter-approved purpose and shall not be appropriated in any part to the fund. Any adjustments made in the appropriation will be based upon the final extended tax roll. In no year shall the County obligation to the Fund exceed the amount of that year's tax increment as defined by this ordinance. 2.3 No sale of bonds or indebtedness supported by the County's tax increment may occur nor may existing indebtedness so supported be refunded without approval of the Board of County Commissioners. The County's increment contributions are to be accounted for as separate revenue within the fund but may be combined with other revenue for the purpose of debt service. SECTION 3. Allocation and Restrictions on Use 3.1 The County shall annually pay to the fund the tax increment due the fund on January 1 of each taxable year. The County's obligation to annually appropriate to the fund on or before October 1 of each year shall commence immediately upon the effective date of this Ordinance. 3.2 Nothing in this Ordinance, however, shall require the City of Clearwater or the City of Clearwater's Community Redevelopment Agency to issue bonds or incur loans or other indebtedness as a condition precedent to the County depositing into the fund the amounts set forth in Section 2 hereof. 3.3 Use of that portion of the tax increment attributable to the County shall be limited to capital improvements, land acquisition and environmental remediation as more specifically provided in Ordinance 7153-03, as amended by Ordinance 7231-03 and as it is amended from time to time. SECTION 4. Duration of the Fund 4.1 County shall annually appropriate to the Fund the tax increment due the Fund at the beginning of the County fiscal year. However, the Fund shall receive the tax increment only as, if and when such taxes are collected. The County's obligation to annually appropriate to the Fund shall commence immediately upon effective date of this ordinance and continue for thirty years from the effective date of this ordinance. 5 • • 4.2 15-Year Review Notwithstanding the duration established in subsection 4.1, above, in 2019, the County may review its tax increment contribution to determine whether given the totality of the circumstances, it continues to be appropriate to dedicate the County portion of tax increment at the existing level, beyond 15 years. Nothing herein precludes the County from considering dedication at a reduced commitment provided that option is legally available. 4.2.1 Redevelopment Conditions for 15-year TIF review. The success of the Plan relies on significant private investment in residential, employment and retail uses so that the Downtown is marketable. Absent realizing this investment, the Plan is not succeeding. A. Performance of TIF revenues i. During the 15-year review period, how do the annual TIF revenues collected compare to the estimated revenues? ii. Measures: Collected TIF revenues (per Property Appraiser and Tax Collector) B. Implementation of Downtown Redevelopment Plan During the 15-year review period, how has the City performed in implementing the Downtown Redevelopment Plan with particular emphasis on use of TIF funds in implementation. ii. Measures a. Capital projects built or almost complete compared to the Capital Improvement Plan of the Downtown Redevelopment Plan; and CRA Programs and Initiatives implemented compared to those in the Downtown Redevelopment Plan implementation chapter. b. Changes in the employment opportunities in the Downtown/CRA comparing the year of Plan adoption to the 15`h year after adoption. C. Effectiveness of Downtown Redevelopment Plan at Mitigating Blighting Influence During the 15-year review period, did the actions implementing the Downtown Redevelopment Plan have the desired effect of redeveloping the CRA? ii. Measures 6 ~ • a. Changes in the Downtown/CRA assessed property value as compared to the City's assessed value between the years of Plan Adoption to the 15th year after adoption. b. Demographic changes in the Downtown/CRA and in the City comparing the year of Plan adoption to the 15th year after adoption. c. Housing changes in the Downtown/CRA and in the City comparing the year of Plan adoption to the 15th year after adoption. d. Property ownership rates, code violation enforcement rates and crime rates in the Downtown/CRA and in the City comparing the year of Plan adoption to the 15th year after adoption. 4.2.2 The City shall submit the data and analysis to the County for the 15 year review no later than October 1, 2018. 4.2.3 The Board of County Commissioners shall complete its review prior to March 1, 2019 and shall notify the Community Redevelopment Agency in writing by March 1, 2019, if it intends to eliminate or reduce the amount and/or duration_of the County's tax increment contribution after the 15th year of increment. In the absence of such notification, the contribution shall continue as provided herein. SECTION 5. Audits Copies of reports of audits required by Section 163.387(8), Florida Statutes, shall be provided to the Board of County Commissioners of Pinellas County each fiscal year. SECTION 6. Re ep aler All ordinances and resolutions or parts of same in conflict herewith be and the same are hereby repealed. SECTION 7. Construction This Ordinance being for the public purpose and for the welfare of the citizens of Pinellas County, Florida shall be liberally construed to effectuate the purposes thereof. SECTION 8. Severability If any section, subsection, sentence, clause or provision of this Ordinance is held invalid, the remainder of this Ordinance shall not be affected by such invalidity. Section 9. Incorporation in the Code It is the intention of the Board of County Commissioners and it is hereby ordained that the provisions of this Ordinance shall become and be made a part of the Pinellas County Code. The sections of this Ordinance be renumbered or 7 ~ • relettered to accomplish such intention, and the "Ordinance" may be changed to "section", "article" or other appropriate word. Section 10. Filing of Ordinance; Effective Date Pursuant to Section 125.66, Florida Statutes, a certified copy of this Ordinance shall be filed with the Department of State by the Clerk of the Board of County Commissioners. This Ordinance shall become effective when the acknowledgement is received from the Secretary of State that the Ordinance has been duly filed. C:\Documents and Settings~atykb23\L,ocal Settings\Temp\Clearwater Draft County Ordinance_l.doc 8 «• D~NTOWN PLAN PUBLIC HEA~NG Schedule of Public Hearings: Monday, November 17, 2003 before the Community Redevelopment Agency, at 9:00 a.m. Tuesday, November 18, 2003 before the Community Development Board, at 2:00 p.m. Thursday, November 20, 2003 before the City Commission (1st Reading), at 6:00 p.m. Thursday, December 4, 2003 before the City Commission (2nd Reading), at 6:00 p.m. All public hearings on the ordinance will be held in the City Commission Chambers, in City Hall, 3rd floor, 112 South Osceola Avenue, Clearwater, Florida. The City of Clearwater proposes to adopt the following ordinance: ORDINANCE NO.7231-03 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE CLEARWATER DOWNTOWN REDEVELOPMENT PLAN PREVIOUSLY ADOPTED AND AMENDED BY ORDINANCE NO. 7153-03 IN ORDER TO AMEND CHAPTER 3 LAND USE PLAN/REDEVELOPMENT PLAN REGARDING THE ATTRACTION AND DEVELOPMENT OF A RETAIL/ENTERTAINMENT COMPLEX; TO AMEND DOWNTOWN STRATEGIES, THE CAPITAL IMPROVEMENT PLAN AND THE TAX INCREMENT REVENUE PROJECTIONS SECTIONS OF CHAPTER 4 PLAN IMPLEMENTATION ASSOCIATED WITH THE PLAN; PROVIDING AN EFFECTIVE DATE. Interested parties may appear and be heard at the hearing or file written notice of approval or objection with the Planning Director or City Clerk prior to the hearing. Any person who decides to appeal any decision made by the Board or Commission, with respect to any matter considered at such hearings, will need a record of the proceedings and, for such purpose, may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based per Florida Statute 286.0105. Community Development Code Section 4- 206 states that party status shall be granted by the Board if person requesting such demonstrates that s/he is substantially affected. Party status entitles parties to: personally testify, present evidence, argument and witnesses, cross examine witnesses, appeal the decision and speak on reconsideration requests. An oath will be administered swearing in all participants in public hearing cases. If you wish to speak at the meeting, please wait to be recognized, then state and spell your name and provide your address. Persons speaking before the CDB shall be limited to three minutes unless an individual is representing a group in which case the Chairperson may authorize a reasonable amount of time up to 10 minutes. The Community Development Board will review the case and make a recommendation to the City Commission for final disposition. Five days prior to the meeting, staff reports and recommendations on the above requests will be available for review by interested parties between the hours of 8:30 a.m. and 4:30 p.m., weekdays, at the City of Clearwater, Planning Department, 100 S. Myrtle Ave., Clearwater, FL 33756. Please contact Gina Clayton, Long Range Planning Manager, at 562-4587 to discuss any questions or concerns about the project and/or to better understand the proposal. This notice was sent by the Official Records and Legislative Services Department, Cynthia E. Goudeau, CMC, City Clerk City of Clearwater, P.O. Box 4748, Clearwater, FL 33758-4748 A COPY OF THIS AD IN LARGE PRINT IS AVAILABLE IN OFFICIAL RECORDS & LEGISLATIVE SERVICES DEPT. ANY PERSON WITH A DISABILITY REQUIRING REASONABLE ACCOMMODATION IN ORDER TO PARTICIPATE IN THIS MEETING SHOULD CALL OFFICIAL RECORDS & LEGISLATIVE SERVICES DEPT. WITH THEIR REQUEST AT (727) 562-4093. Ad: 11/02/03 ..~ r ~ »o + ~ • CDB Meeting Date: November 18, 2003 Ordinance No.: 7231-03 Agenda Item: E-1 CITY OF CLEARWATER PLANNING DEPARTMENT CLEAR WATER DD WNTOWN REDEVELOPMENT PLAN AMENDMENTS REQUEST: INITIATED BY: Amendments to the Clearwater Downtown Redevelopment Plan City of Clearwater Planning Department BACKGROUND INFORMATION: The City Commission approved the Clearwater Downtown Redevelopment Plan on September 18, 2003. The draft Plan was initially submitted to Pinellas County staff for review in June 2003 and multiple meetings were held between City and County planning • 'staff to discuss the proposed Plan. As a result of these discussions, the City agreed to incorporate certain clarifications and additions requested by County staff into the Plan on first reading. After the City adopted the Plan, the County staff requested additional information regarding how tax increment revenues will be used to implement the Plan. The County staff asked for an accounting of the amount of Tax Increment Financing (TIF) funds to be used for each project as compared to other eligible sources of funding. The City prepared an estimate of this information and provided it to the County in early October. On October 21, 2003 the Board of County Commissioners (BCC) discussed the Plan as a part of the County Administrator's Reports. The Board indicated its general support for the Plan as a redevelopment plan and special area plan and did not identify any areas of concern regarding the major elements of the Plan with one exception: the use of Tax Increment Financing. The Board concurred with the County Administrator's concerns about the length of the term of the Tax Increment District as well as objecting to certain intended uses of the TIF funds. The County Administrator's report indicated that the Board should delay a decision on the Plan until the City made amendments to the Plan to address the County's concerns regarding the use of TIF funds. Based on the information contained in the County's October 21St agenda item and subsequent discussions with County staff, amendments have been prepared to address County concerns and they are the subject of this staff report. It should be noted, however, that the County has requested that the City include one document that is NOT a • part of these amendments. The item not included by the City as an amendment is the Staff Report -Community Development Board -November 18, 2003 -Downtown Plan Amendments Page 1 .~ • table attached to this report as an exhibit entitled Clearwater Downtown Redevelopment Plan Capital Projects-Table Identifying Funding Sources for all Capital Projects. The Table estimates the funding sources for each project, differentiating the amount of TIF funds versus other eligible funding sources. This chart is not included in these amendments because the City Administration believes this requested level of detail is not appropriate for inclusion in a 20- year plan, but more appropriately should be reflected in the City's five-year capital improvement bu_ diet adopted annually by the City Commission. All redevelopment capital projects conducted to implement the Downtown Plan must be consistent with the Capital Improvement Plan, but the City reserves the right to determine the exact amount and source of funding at the time that the project is formally initiated by its inclusion in the capital budget. The Community Development Board is reviewing the proposed amendments in its capacity as the Local Planning Agency (LPA) and is requested to make a recommendation regarding the amendments to the City Commission. The CRA is requested to make a recommendation to the City Commission regarding the amendments to the Redevelopment Plan. Once the City Commission approves these amendments, the Plan and amendments will be submitted to the BCC for approval as the Redevelopment Plan for the original and newly expanded CRA. The Plan and amendments will also be submitted to the Pinellas Planning Council and the Countywide Planning Authority for review and approval as the Special Area Plan governing Downtown. • ANALYSIS: A total of seven amendments are proposed to the Clearwater Downtown Redevelopment Plan. Two amendments revise the land use plan while five additional amendments relate to the capital improvement plan and the use of tax increment financing (TIF). Below is a summary of each amendment. 1. Amendment 1 -Insert New Policy 23 in the Goals, Objectives and Policies Section of Chapter 3 Land Use Plan/Redevelopment Plan (Page 1 of Exhibit A of proposed ordinance and page 53 of Plan). This proposed amendment adds a new policy to the overall Goals, Objectives and Policies Section of the Plan that will apply to the entire Downtown area. The proposed policy specifies the City should evaluate the need for a parking facility to support the development of entertainment, retail and/or restaurant uses. These uses generate a high level of parking demand and in a downtown environment will more than likely require structured parking. Due to the high cost of constructing this type of parking, the City may need to contribute in some manner to facilitate the development of these uses in Downtown. • Staff Report -Community Development Board -November 18, 2003 -Downtown Plan Amendments Page 2 ,` r • 2. Amendment 2 -Amend District Vision of the Town Lake Business District found in Chapter 3 Land Use Plan/Redevelopment Plan (Page 1 of Exhibit A of proposed ordinance and page 72 of Plan). Upon review of the permitted uses in the Town Lake Business District, it was determined a movie theater is not allowed. The current Plari allows residential development only if located along major streets and if a minimum of four acres is assembled. Due to this district's location and the amount of underutilized land within it, certain areas along major streets may be appropriate for entertainment uses. The proposed amendment revises the District Vision Use section by allowing residential development or entertainment with supporting retail/restaurant uses along major streets if an entire block is consolidated. 3. Amendments 3 and 4 -Insert new Strategy 20 in Downtown Strategies of Chapter 4 Plan Implementation (Pages 1 and 2 of Exhibit A of proposed ordinance and pages 146 and 150 of Plan). Amendments three and four add a new strategy to market Downtown as a location for a movie theater and to assist with the development of a theater through land acquisition assembly for the theater or for its parking and/or for the development of parking facilities for the theater. Because a movie theater can be a major catalyst for downtown revitalization, the City desires to be proactive in the pursuit of attracting • this use Downtown. Amendment three adds the actual proposed strategy; amendment four adds the same strategy to the Summary of Public Strategies, Table 7. 4. Amendments 5 and 6 -Amend Capital Improvement Plan (CIP) section of Chapter 4 Plan Implementation including Tables 8 and 9 and the Capital Project Descriptions Subsection (Pages 2 - 8 of Exhibit A of proposed ordinance and pages 152 - 156 and 162 of Plan). Pinellas County asked for more specific information relating to the CIP to clearly demonstrate how the expected tax increment revenues would be allocated to each of the tax-increment funded capital projects. In an attempt to provide the information requested, as well as provide clarifications desired by the City, proposed amendment five makes the following revisions: • Specifies the guiding assumptions used when developing the CIP; • Adds cost estimates for three capital projects that did not originally include cost estimates (Commercial Streets "A" and "B" and Court Chestnut Beach Corridors streetscape projects and the City share of a new PSTA multi-modal transportation center); • Staff Report -Community Development Board -November 18, 2003 -Downtown Plan Amendments Page 3 • • • • Adds Myrtle Avenue Streetscape project at a cost of $1 million of TIF funding to coincide with the Myrtle Avenue Reconstruction project. This increases the total project cost from $12 million to $13 million ; • Adds TIF as a potential funding source for selected projects that originally did not include TIF as a source (Osceola Avenue Garage, Coachman Park and garage, Osceola Avenue Streetscape, New PSTA Multi-Modal Transportation Center); • Adds a second garage project entitled "Redevelopment Garage" that can accommodate approximately 375 - 500 spaces for an entertainment and/or retail/restaurant project. The revision was made to allow the construction of two garages: one on Osceola Avenue to support the new Main Library, Coachman Park and Harborview Center; the new second garage is specifically to support entertainment redevelopment activity. The total number of garage spaces remains the same at 750 to 1,000 spaces and the total cost remains the same at $11 million to $15 million; and • Revises Table 9, Redevelopment Projects/ CIP arranged by Type of Project to reflect the above changes (except the assumptions). Proposed amendment six adds a project description for the Redevelopment Garage, which may be necessary to support the development of a major entertainment and • restaurant mixed-use project. In order to provide long-term flexibility in the siting of this garage, no location is specified. 5. Amendment 7 -Amend Tax Increment Revenue Projections Section of Chapter 4 Plan Implementation (Pages 8 - 12 of Exhibit A of proposed ordinance and Page 183 of Plan). In response to concerns raised by Pinellas County Administration regarding their perceived lack of information included in the Plan regarding programs and initiatives to be funded by TIF, amendment seven incorporates a summary table and description of each program/initiative and the timing and estimated cost of each. The total cost of these programs is estimated to be $48,000,000. Upon review of this information, Pinellas County Administration indicated it would not support the use of County tax increment revenues for all of the identified programs/initiatives; specifically the County would likely not support use of TIF for redevelopment incentives such as payment of impact fees. At the County's suggestion, the City conducted a survey of Florida CRAs regarding their use of TIF for various programs. The survey indicated that Florida CRAB have in the past and are currently using TIF for all of the proposed programs that Clearwater intends to pursue. ~ The survey is attached to this report as an exhibit entitled Comparison of Florida CRAB-TIF Expenditures and Activities. • Staff Report -Community Development Board -November 18, 2003 -Downtown Plan Amendments Page 4 • • Alternatively, the County Administration indicated their support for use of TIF for any project in the Capital Improvement Plan as well as the capital portion of listed CRA programs and initiatives. Therefore, the amendment limits the use of the County's share of TIF to the Capital Improvement Plan and the following programs that have capital components: • CRA Area Brownfields Environmental Cleanup; • CRA Building Facade Improvement Program; • Downtown Land Acquisition; and • CRA Affordable and Transitional Housing Projects Under this alternative, County tax increment revenues will not be available to support redevelopment incentives, a revolving loan program, or retail lease/relocation incentives. However, the City's share of TIF may be used for these programs. CONSISTENCY WITH COMPREHENSIVE PLAN Please find below a selected list of goals, objectives and policies from the Clearwater Comprehensive Plan that is furthered by the amendments to the Clearwater Downtown Redevelopment Plan. • Goal 2 -The City of Clearwater shall utilize innovative and flexible planning and engineering practices, and urban design standards in order to protect historic resources, ensure neighborhood preservation, redevelop blighted areas, and encourage infill development. • Objective 2.1 -The redevelopment of blighted areas shall be a high priority and promoted through the implementation of redevelopment plans and projects and continued emphasis on property maintenance standards. • Policy 2.1.6 -Land use decisions in Clearwater shall support the expansion of economic opportunity, the creation of jobs, and maintenance of existing industries through the establishment of enterprise zones, activity centers and redevelopment areas and by coordination with the Chamber of Commerce and Tourist Development Council. • Policy 2.1.10 -Clearwater will continue to support the tax increment financing program and redevelopment efforts of the downtown area through activities of the economic development office and actions of the City Commission as the Community Redevelopment Agency. • Objective 2.3. -The City shall encourage the implementation of historic overlay districts, the maintenance of existing historic properties, and the preservation of . existing neighborhoods through the use of design guidelines and the implementation of then City's Community Development Code. Staff Report -Community Development Board -November 18, 2003 -Downtown Plan Amendments Page 5 L ~ i . • Goal 16 - An affordable variety of standard housing units in decent and safe neighborhoods to meet the needs of current and future residents regardless of race, nationality, age, martial status, handicap, or religion. • Objective 16.1 -Objective for Adequate Housing -Assure an adequate supply of housing in Clearwater by providing for additional new dwelling units in a variety of types, costs, and locations to meet the needs of the residents of the City of Clearwater. • Objective 16.2 -Objective for Affordable Housing -The City of Clearwater shall continue to provide assistance and incentives for the development of housing that is affordable to Very Low, Low, and Moderate Income households, including those with special needs, consistent with the level of growth in these income categories. • Objective 16.3 -Objective for Housing Conditions -The City of Clearwater shall encourage the elimination of substandard housing units through demolition, upgrades, renovation and preservation efforts. The amendments proposed to the Clearwater Downtown Redevelopment Plan are consistent with the Clearwater Comprehensive Plan as evidenced by the numerous goals, objectives and policies identified above. The amendments support the attraction of entertainment uses to the Downtown area and the use of TIF dollars to assist in implementing this strategy. The amendments also recognize TIF as a possible funding • source for many capital projects, as well as programs and initiatives which will provide funding for economic development incentives, a facade improvement program, parking facilities, Brownfield cleanup, affordable housing and more. Based on the identified projects and programs, the use of TIF will assist in eliminating slum and blighting conditions, maintaining historic properties, providing affordable housing and economic development incentives to achieve a revitalized downtown. SUMMARY AND RECOMMENDATION: The proposed amendments to the Clearwater Downtown Redevelopment Plan are consistent with the Comprehensive Plan. They clarify the City's intent to attract entertainment uses, including a movie theater, and the need for the City to participate in the development of a parking garage(s) to attract this type of development. Proposed Ordinance No. 7231-03 also adds cost estimates for some capital projects that did not originally include estimates and adds TIF as a potential funding source for several more capital projects contained in the CIP. The amendments also add descriptions, time frames and estimated program/initiative costs to be funded by TIF and restricts the use of County tax increment revenues to certain "capital" programs/initiatives. The Planning Department recommends APPROVAL of Ordinance No. 7231-03 which amends the Clearwater Downtown Redevelopment Plan. • Staff Report -Community Development Board -November 18, 2003 -Downtown Plan Amendments Page 6 • • Prepared by Planning Department Staff: Gina L. Cla on, Long ange Plarming Manager ATTACHMENTS: Clearwater Downtown Redevelopment Plan Capital Projects-Table Identifying Funding Sources for all Capital Projects Excerpts from the Approved Clearwater Downtown Redevelopment Plan Comparison of Florida CRAB-TIF Expenditures and Activities Proposed Ordinance No. 7231-03 n U Staff Report -Community Development Board -November 18, 2003 -Downtown Plan Amendments Page 7 • • • • • CLEARWATER DOWNTOWN REDEVELOPMENT PLAN CAPITAL PROJECTS CAPITAL PROJECTS Wayfinding Sign Package Myrtle Ave Reconstruction Cleveland St. Streetscape Station Square Park Redev. Gulf-To-Bay Blvd/Highland Gateway Intersection Fort Harrison Ave Streetscape Osceola Ave Garage Redevelopment Garage Reuse of Existing Main Fire Station Coachman Park Redev. & 450- Space Garage Downtown Marina Osceola Ave. Streetscape Commercial Streets A/B Court/Chestnut Beach Corridor Streetscape PSTA Transportation Center SUBTOTAL- CAPITAL PROJECTS Updated 11/13/2003 YEARS 2003-2018 YEARS 2019 - 2033 TIF OTHER TOTAL TIF OTHER TOTAL Shown in Millions o f Dollars 0 .75M .75M 0 1 M 12M 13M 0 0 3.7M 3.7M 0 1M 0 1M 0 0 1.5M 1.5M 0 3.2M .5M 3.7M 0 4M 3.5M 7.5M 0 4M 3.5M 7.5M 0 4M 0 4M 0 12.5M 2M 14.5M 0 4M 1M 5M 0 2.5M .5M 3M 0 $36.2M $28.95M $65.1 5M 0 5M 5M 0 5M 3M 3M $13M $0 $13M s\Planning Dept\Downtown Redev. Plan Capital Projects.xls 1 of 2 • C~ • Updated 11/13/2003 CLEARWATER DOWNTOWN REDEVELOPMENT PLAN CAPITAL PROJECTS continued ' r1 LJ • YEARS 2003-2018 YEARS 2019 - 2033 TIF OTHER TOTAL TIF OTHER TOTAL PROGRAMS & INITIATIVES Brownsfield Cleanup 2.5M 0 2.5M 2.5M 0 2.5M Building Facade Improvements .5M 0 .5M .5M 0 .5M Downtown Land 16M 0 16M 5M 0 5M Affordable Housing Project 3M 0 3M 2M 0 2M SUBTOTAL - $22M $0 $22M $10M $0 $10M PROGRAMS 8< INITIATIVES GRAND TOTAL $58.2M $28.95M $87.15M $23M 0 $23M s\Planning Dept\Downtown Redev. Plan Capital Projects.xls 2 of 2 • • EXCERPTS FROM APPROVED CLEAR WATER DOWNTOWN REDEVELOPMENT PLAN CHAPTER 3 LAND USE PLAN/REDEVELOPMENT PLAN Goals, Objectives, and Policies Section Policies Subsection -page 53 of Plan Downtown Character Districts Section Town Lake Business Park District Subsection -page 72 of Plan • • Policy 15: The City shall make use of Community Development Block Grant (CDBG) funds for Downtown infrastructure and increasing affordable housing options. Policy 16: Prior to the disposition of City and/or CRA-owned properties, the City shall determine the most appropriate use consistent with the Plan in consultation with the applicable neighborhood associations and/or business groups. Policy 17: Property owners/developers are encouraged to meet with area neighborhood associations business groups prior to submitting a major redevelopment project for City review. Policy 18: The City shall assist neighborhoods in the formation and development of neighborhood associations that empower residents to improve their neighborhood and strengthen ties between residents and government. Policy 19: Residential development shall provide appropriate on-site recreation facilities based on the scale of the project. Policy 20: Shared parking for commercial, office and mixed uses should be accomplished wherever possible. Policy 21: The City shall pursue all funding options to accelerate the implementation of • the Master Streetscape and Wayfinding Plan and Coachman Park Master Plan. Policy 22: The City shall monitor and evaluate traffic operation changes as a result of the new bridge alignment and make any necessary capital or operational improvements to the Downtown traffic network. Policy 23: The City prefers and shall encourage alternative stormwater management solutions rather than installation of on-site stormwater retention ponds. These alternatives may include neighborhood or regional stormwater programs that make significant improvements to the overall stormwater system and environment. Policy 24: The City shall give priority to sidewalk construction within Downtown that enhances pedestrian linkages and/or completes a continuous sidewalk system on all streets. Policy 25: The CRA will evaluate participating with the private sector in land assembly to facilitate projects consistent with this Plan. Policy 26: The CRA will consider abatement of impact fees and permit fees as an incentive for redevelopment projects that are consistent with this Plan. • 53 • • • Town Lake Business Park District The Town Lake Business District is bounded by Cleveland Street on the north, Missouri Avenue on the east, Martin Luther King, Jr. Avenue on the west and Court Street on the south and is depicted on Map 8, page 57. This District is 43.6 acres in area and is comprised of 120 parcels, which represents 8 percent of the land area of the Downtown Plan area. Existing Character A portion of the area previously known as the Southeast Expansion Area of the Periphery Plan is included in the Town Lake Business Park District. The area is now part of the expanded CRA. At the District's entry point at the southwest corner of Cleveland Street and Missouri Avenue, anew corporate headquarters, suburban in character was constructed within the last three years. A mix of uses including retail, office, utility/infrastructure, residential and nonconforming industrial uses characterizes the remainder of the District. Even though this major office redevelopment has occurred, there are numerous vacant and underutilized parcels found throughout the District. In particular, single-family dwellings are scattered throughout the area west of Madison Avenue. • District Vision Use The Town Lake Business Park District is envisioned to be a Downtown location for office park development. The District should be redeveloped with corporate and professional offices, as well as those conducting research and/or light assembly. Incidental support commercial uses are anticipated to serve the offices in the District. Residential redevelopment may be considered in limited locations along major streets or if a minimum of four acres of land is assembled. Function The primary function of the Town Lake Business District is to provide employment opportunities and a location for office uses that prefer a business park setting but enjoy the benefits of being in close proximity to the Downtown Core. Excellent access and opportunities for significant lot consolidation enhance the District's redevelopment opportunities. Development Patterns Office development within the Town Lake Business Park District shall be campus-like in nature. Traditional setbacks, significant landscaping and adequate parking should characterize redevelopment in this area. Commercial uses are encouraged to locate within the office park and/or office building to provide easy access to their customers and reduce the need for external vehicle trips. • 72 • • EXCERPTS FROM APPROVED DOWNTOWN CLEAR WA TER REDEVELOPMENT PLAN CHAPTER 4 PLAN IMPLEMENTATION Downtown Strategies Section - pages 146 and 150 n u Capital Improvement Plan (CIP) Section - pages 152 -156, 162 Tax Increment Revenue Projections Section - page 183 n u •'. • • • Strategy 12: Prepare a traffic analysis to evaluate traffic operations and make intersection improvements subject to that evaluation, after the new bridge opens. Strategy 13: Prepare a traffic analysis to evaluate the ability to designate all or parts of Downtown as a No-Fee Transportation Zone after the new bridge opens. Strategy 14: Evaluate whether or not there are any active septic tanks within the Downtown. If active septic tanks exist, develop program to eliminate the tank and connect the property to City sewer system. The City shall prioritize the use of CDBG and any other available funds to accomplish eliminating the septic tanks. Strategy 15: Identify needed improvements to the sidewalk system within Downtown and incorporate those improvements into the Capital Improvement Budget beginning in Fiscal Year 2004/2005. Strategy 16: Continue to market redevelopment sites and develop targeted markets or sites within each character district to encourage their redevelopment. Strategy 17: Evaluate and develop a flexible Building Code that addresses the special challenges of redeveloping/retrofitting old structures while maintaining the goals of health, safety and welfare. • Strategy 18: Evaluate implementation of the State legislation establishing a Nuisance Abatement Board to address serious and recurring Code violations and criminal activity. Strategy 19: Continue to implement the Downtown-Gateway Strategic Action program and update on a yearly basis. Downtown Core Character District Strategies Strategy 20: Continue to implement the agreement with the Florida Department of Transportation (FDOT) to redesignate Alternate U.S. Highway 19 from Fort Harrison Avenue to Myrtle Avenue. The City shall also continue to implement the agreement with the FDOT to redesignate State Road 60 from the existing Cleveland Street to the Court/Chestnut Streets pair. Strategy 21: Amend the Community Development Code to revise the payment in-lieu of parking provision. The amendment shall define the applicable geographic area, establish the fee amount by type of use, establish uses that shall not be eligible for the payment in-lieu of fee and establish the allowable uses of the collected fees. • 146 • • • • Table 7, contd. Cnmmarv of Puhlic Strategies • 15 Sidewalk Improvements Public Works/ FY 03/04 Study Study Engineering FY 04/05 Begin Incorporation into Capital Improvement Budget 16 Market Redevelopment Sites Economic Development Ongoing Strategy 17 Evaluate Flexible Building Development Services/ FY 03/04 Code for Old Buildings Planning/ Economic Development 18 Evaluate Establishment of Development Services/ FY 03/04 Nuisance Abatement Board Police/Legal 19 Downtown-Gateway Strategic Economic Development Ongoing Strategy Action Program 20 Redesignation of Alternate Public Works/ By Mid-2004 U.S. Highway 19 (Downtown Engineering Core) 21 Code Amendment on Planning Within one year of Payment in lieu of Parking Plan adoption (Downtown Core) 22 Coordinate with Salvation Planning/ Economic Ongoing Army (Old Bay) Development 23 Stormwater Pond Evaluation Public Works/ FY 03/04 (Town Lake Residential) Engineering 24 Amortization of Problematic Economic Development/ FY 03/04 Uses Study Legal (East Gateway) 25 Gateway/Public Use Site Economic Development/ FY 04/05 Study Planning (East Gateway) 26 Playground Evaluation Parks FY 03/04 (East Gateway) 27 Assist CHIl' Economic Development Ongoing Strategy (East Gateway) 28 Merchants Association Neighborhood Services/ Monitor and assist Creation Economic Development upon critical mass of (East Gateway) business activity 150 • • . CAPITAL IMPROVEMENT PLAN (CIP) To implement the Downtown Plan, the City is committed to investing in the Downtown. Below are a variety of significant Capital Improvement Projects, short- to long-term in nature, addressing streetscape, road improvements, public uses, utilities and parks (Map 12, page 157). The costs of projects identified range between $144 million to $148 million. Table 8 Redevelo ment Pro'ects/CIP C] • Project Name FY Location Existing/Potential Cost Fundin Source Wayfinding Sign 2003/2004 S.R. 60 & Highland CDBG*, TIF**, $750,000 Package Avenue intersection General Fund directing traffic to Downtown; Court & Chestnut Streets at their intersections with Missouri, Myrtle, Osceola & Fort Harrison Avenues; Drew Street at its intersection with Missouri, Fort Harrison, Osceola & Myrtle Avenues Fort Harrison 2003/2004 The entire length of Fort FDOT*** $8.6M Avenue/Alternate Harrison Avenue within U.S. Highway 19 Clearwater Resurfacing Pump Station 2003/2004 South side of the west Water and Sewer $698,500 #16 end of Pierce Street Bond Pump station #12 2003/2004 900 North Osceola Water and Sewer $186,000 Avenue (in front of Bond Clearwater Bay Marina). Cleveland Street 2004 - Between Osceola and Penny for Pinellas, $3.7M Streetscape 2006 Myrtle Avenues TIF and Private Intersection 2004/2005 Based on traffic study Gas Tax and $1M Improvements after bridge opens Transportation Impact Fees Myrtle Avenue 2004/2005 Myrtle Avenue between Stormwater Utility $12M Reconstruction North Fort Harrison Avenue & Lakeview Road (including stormwater outfall from. Town Lake to Clearwater Harbor) 152 • • • • Table 8, cont'd Redevelopment Proiects/CIP Station Square 2005/2006 The north side of Private and TIF $1M Park Cleveland Street between Redevelopment East & Garden Avenues Clearwater 2004/2005 Turner Street to Oak Pinellas County, $1.2M Beach Connector Avenue to beach (2,000 Penny for Pinellas, (includes Spur (Pinellas feet within Downtown) CMAQ**** entire Trail) project) Gulf to Bay 2004 - Gulf to Bay Boulevard & FDOT (for paving $1.SM Boulevard and 2006 Highland Avenue only), TIF and Highland Avenue Intersection CDBG, Penny for Gateway Pinellas Intersection Improvement Fort Harrison 2004 - Drew Street to Private, Pinellas $3.7M Avenue 2006 Court/Chestnut Streets County, Grants and Streetsca e TIF Glen Oaks Park 2004/2005 Immediately south of the Stormwater Utility, $4.3M Stormwater Downtown area at the SWFWMD Retention intersection of Court Facility Street & Betty Lane Memorial 2004 - Chestnut Street to the FDOT, Grant and $500,000 Causeway Bridge 2006 east end of the Memorial Special Landscaping Causeway Bridge Develo ment Fund Cleveland Street 2005 Between Fredrica & FDOT $870,000 and Gulf to Bay Highland Avenues Boulevard Repaving Cleveland Street 2005 Between Island Way & FDOT $960,000 & Memorial Fort Harrison Avenue Causeway Repaving Main Fire Station 2005/2006 Originally planned to Penny for Pinellas $4.6M rebuild on existing site. Currently reviewing available property on the S. Fort Harrison Avenue corridor between Court Street & Lakeview Road 153 • • • Table 8, cont'd Redevelopment Proiects/CIP Osceola Avenue 2005 - East side of North Parking fund and $11 - Parking Garage 2007 Osceola Avenue between Private 15M (750 - 1,000 Drew & Laura Streets (in spaces) the area of the AM South building) Reuse of 2006/2007 Current site of Penny for Pinellas, TBD Existing Main Downtown Main Fire TIF and Grant Fire Station Station Coachman Park 2005 - Coachman Park - Park portion: $14.SM Redevelopment 2008 expanded to include the General Fund, ($7.SM) and 450 existing park site and the Private and Penny space Garage area on the south side of for Pinellas ($7M) Cleveland Street Garage portion: Private and Parking System Downtown 2006/2007 Coachman Park on the Revenue Bond and $SM Marina north and south sides of Private the bridge Pinellas Trail 2006/2007 East Avenue between Grants and Penny $3M and East Avenue Drew Street & Druid for Pinellas widening Road New City Hall 2006/2007 Vacant site to the south Sale revenue from $13.SM and associated of the MSB along Pierce existing site and parking Street between South Bonds Myrtle & East Avenues Osceola Avenue 2005 - Osceola between Drew & Private and Pinellas $3M Streetscape 2010 Court County Cleveland Street 2007 - Between Highland & TIF, Private and $8.6M and Gulf to Bay 2015 Myrtle Avenues CDBG Boulevard Streetscape Commercial 2010+ Per Master Streetscape TIF, Bond, Private TBD Streets "A" and Plan and Penny for "B" Pinellas Court/Chestnut 2010+ Per Master Streetscape TIF, Private Bond TBD Beach Corridors Plan (from bridge to SR and Penny for Streetscape 60 & Highland Avenue Pinellas intersection 154 • Table 8, cont'd Redevelopment Proiects/CIP Beach to Bluff 2010+ Along the Memorial Federal Grant, $40M Guideway Bridge between the Private, FDOT, Downtown and the Federal Transit Marina area of the Beach Authority New PSTA 2010+ Existing PSTA Site at the PSTA, Penny for TBD Multi-modal SW corner of Pierce Pinellas, Pinellas transportation Street and Garden County, Parking center Avenue Fund * Community Development Block Grant; ** Tax Increment Financing; *** Florida Department of Transportation; ****Congestion Mitigation and Air Quality Improvement. • • 155 • r Table 9 Redevelopment Proiects/CIP Arranged by Type of Project Project Name FY Cost Street Re avin /Resurfacin (total $23.43 M) ' Fort Harrison Avenue/Alt. U.S. Highway 19 Resurfacing (FDOT) * 2003/2004 $8.6M Myrtle Avenue Reconstruction * 2005 $12M Cleveland Street and Gulf to Bay Boulevard Repaving (FDOT) * 2005 $870,000 Cleveland Street & Memorial Causeway Repaving (FDOT) * 2005 $960,000 Intersection Improvements* 2004/2005 $1M Utilities and Infrastructure (total $16.184M- $20.184 M) Osceola Avenue Parking Garage (750 - 1,000 spaces) 2005 - 2007 $11 - 15M Pump Station #16* 2003/2004 $698,500 Pump Station #12* 2003/2004 $186,000 Glen Oalcs Park Stormwater Retention Facility* 2004/2005 $4.3M Streetsca a Im rovements/Landsca in (total $21.75 M *~) Wayfinding Sign Package 2003/2004 $750,000 Gulf to Bay Boulevard and Highland Avenue Gateway Intersection Improvement 2004 - 2006 $1.SM Fort Harrison Avenue Streetscape 2004 - 2006 $3.7M Memorial Causeway Bridge Landscaping 2004 - 2006 $500,000 Cleveland Street Streetscape Funding available upon approval of revised Penny or Pinellas list during FY 03/04 Budget approval process 2004 - 2006 $3.7M Osceola Avenue Streetscape 2005 - 2010 $3M Cleveland Street and Gulf to Bay Boulevard Streetscape 2007 - 2015 $8.6M Commercial Streets "A" and "B"* 2010+ TBD** Court/Chestnut Streets Beach Corridors Streetsca e* 2010+ TBD** Parks and Recreation Facilities (total $24.7M) Clearwater Beach Connector Spur (Pinellas Trail)* 2004/2005 $1.2M (includes entire roj ect) Coachman Park Redevelopment ($7.SM) and 450 space Garage ($7M) 2005 -2008 $14.SM Downtown Marina 2006/2007 $SM Station Square Park Redevelopment 2005/2006 $1M Pinellas Trail and East Avenue widening 2006/2007 $3M Public Uses (total $58.1 M**) New City Hall and Associated Parking 2006/2007 $13.SM Main Fire Station* 2005/2006 $4.6M Reuse of Existing Main Fire Station 2006/2007 TBD** Beach to Bluff Guideway 2010+ $40M New PSTA Multi-modal transportation center 2010+ TBD** * Funding approved in adopted CIP or awarded grant ** Total does not include those projects the costs of which are to be determined at a future date n 156 I, • • Osceola Avenue Parking Garage (750 - 1,000 spaces): Due to the strategic location of this prime redevelopment site "Superblock", a public/private partnership may enable the construction of a major Downtown parking garage to service the block's redevelopment potential, and the redevelopment activities which might occur on the parcels lying west of Osceola Avenue. This parking garage will also provide additional parking for the new Main Library, currently under construction. Reuse of Existing Main Fire Station: Should the existing Fire Station facility be relocated to an alternative site, the existing Fire Station may be reused to store a variety of Police Department or Parks and Recreation Department equipment and vehicles. Coachman Park Redevelopment and Garage: As part of the future redevelopment of the prime Downtown parcels lying adjacent to Osceola Avenue, the City is planning to construct a park which will act as a significant Downtown waterfront destination. The Coachman Park Amphitheater will be enlarged and relocated on site and Drew Street will terminate at the water providing for a pedestrian promenade along the waters edge and waterfront restaurant which could be leased to a private operator. A unique interactive fountain would be built as a major focal point. Cleveland Street, west of Osceola Avenue, would be closed and converted into a meandering pedestrian pathway between Downtown and the water. As part of this • project, the City may construct or enter into apublic-private partnership to construct a garage in the less appealing southern portion of this 18-acre site near the start of the new budge. In addition, the current surface parking would be removed m favor of a large "great lawn." Downtown Marina: The City has awarded a consulting contract for the purpose of analyzing the regulatory process for permitting the future construction of a 150 - 200 slip waterfront marina. The marina would be publicly-owned and operated accommodating both power and sail crafts with a mix of permanent and transient slips. A limited number of tourist related ferries and pleasure crafts would be allowed, however, commercial fishing operations would be prohibited. Pinellas Trail and East Avenue Widening: The portion of the Fred E. Marquis Pinellas Trail along East Avenue constitutes the last remaining unimproved segment of the trail. The project provides for the addition of a multi-use trail facility and roadway improvements for approximately 0.7 miles within the East Avenue right-of--way between Drew Street and Druid Road. This includes the replacement of the southbound lane of East Avenue and the sidewalk on the west side of East Avenue with a landscaped, asphalt surface consistent with the Pinellas Trail standards in 2006/2007. Between Turner and Drew Streets the southbound traffic lane of East Avenue and the sidewalk on the west side of East Avenue will be removed. The Pinellas Trail will be reconstructed in the center of this area with landscaping on either • side. 162 i ~ • Tax Increment Revenue Projections Based on this overview, it is evident that the CRA has the potential for developing several million square feet of development over the next two decades, including the attraction of up to 1,000 new urban housing units in the next five to ten years in the downtown core which will act as a catalyst for a substantial amount of new office use, retail and entertainment establishments. If all of these projects described above are realized, the increase in the tax roll could be upwards of $390 million. However, while opportunities are outstanding, it is the intent of the CRA to proceed forward cautiously with our TIF projections. The TIF projections are calculated separately for the original CRA and the expanded CRA because the base years for the property values are different. The CRA envisions continuing to use Tax Increment Financing dollars for capital projects in the original and expanded CRA. TIF is identified as one of the funding sources for several capital and infrastructure improvement projects outlined in the Capital Improvement Projects (CIP) section of this plan. These projects include the Cleveland Street, Fort Harrison, and Gulf to Bay Streetscapes and the Gulf to Bay Boulevard and Highland Avenue Gateway Intersection. In addition, TIF will be used for paying impact fees, "buying in" of public parking in private projects, assembling redevelopment sites, purchasing land and/or buildings, and facade improvement grants. • Tax Increment Revenue Projections for the Original CRA District The tax increment projections for the original CRA district are based on a yearly variable percentage increase of the tax roll valuation over a 30-year period. Increases in annual percentages reflect estimates of when major projects, described above, come on line. For the purposes of these projections, the city and county millage rates remain constant. The base year for calculating this increment is 1982. An estimate from 2004 through 2033 projects that property values will rise and that new projects will come on line resulting in $195 million in property value added to the tax roll. This corresponds to a cumulative tax increment of over $64 million over 30 years. Again, millage increases, additional new development, and increases in assessed property values may result in greater returns. A summary table of the tax increment financing projections follows detailing the city and county portions of the revenues. Tax Increment Revenue Projections for the Expanded CRA District Similar to the original CRA district, the expanded CRA district TIF estimate is based on a yearly variable percentage increase of the tax roll valuation over a 30-year period. Given that this area is predominantly residential, it is not expected that the values in the area will rise significantly. In fact, the estimated annual average increase of the tax roll is 1.42 percent. Property values are expected to rise and new projects will come on line • 183 Exhihit'A' Comparison of F lorida CRA's • TIF Expenditures & Act ivities CRArS Contact Telephdne# Debt Service on Bongs Land Acquisi0on8 Assembly Public Parking Garages8Lo6 Stree6capes Fagade Improvements Relocation Casts Affordable Housing bnpael Fee Abatement Development IncenBves (Define) Cash Grants Admin. Coss PlanningSurveying Consultants Demolition Environmental Testing- Cleanup Dlklity InfrasWctures Community Palidng Omer 1 lwbumdale Andy Stewart (863) 9655530 No Yes Yes Yes Yes No No Yes Yes No No Yes Yes Yes Yes No Nane 2 Avon Park C.B. Shlrey (863) 4524403 No No No No Yes No No No No No No Yes Ne No No No None 3 Bartow Bob Weeker (663) 534-0100 Yes Yes No Yes No No Yes No No No Yes Yes Yes No Yes No Yes 4 Bayfronl Palm Bay Lee Feldman (321) 9523413 No Yes No Yes Yes No No No Yes No Yes Yes No Yes Yes No Nane Blountstown Jimmy Hand (850) 6745488 No Ne No No No No No No No No No No No No No No Nane Boca Raton Jorge Camejo (561) 367.7070 Yes Yes Yes Yes No Yes ~ No Yes No No No No Yes No Yes No None 7 Cape Coral Chet Hunt (239) 5495615 Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes No No Yes Yes Nane 8 Carrabelle James Brown (850) 697.2727 No No No Yes No No No No No No No No No No No No Nane 9 Casselberry Richard Weils (407) 262.7700 No Yes No Yes Yes Yes No No Yes No No Yes Yes Yes Yes No None 10 Cedar Key Frances Hodges (353)5435132 Yes Yes Yes Yes No No No No No No Yes Yes No No No Yes Yes 11 Dunedin Kevin Campbell (727) 2983199 Na No No Yes No No No No No No No Yes Ne No Yes No Yes 72 Holly Hill Joseph Forte (386) 2485425 No No No Yes Yes No No No Yes Ne No No No No No Yes None 13 Palmetto Tanya Lukowiak (941) 7234570 No Yes No Yes Yes No Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes 74 Pensacola Donna Prevatt (850) 435-1695 No Yes Yes Yes Yes Yes Yes No No No No Yes Yes Yes Yes Yes Yes 75 PlanWllon Rochelle BachlM. Berkley (954)797.2622 Yes No Yes Yes No No No Nc No No Yes Yes No No No No None 16 Punta Gorda Willard Beck (941) 5753302 Yes Yes No Yes Yes Yes No Yes Yes Yes Nc Yes Yes No No No None 77 Sarasota Billy Robinson (941) 9544169 Yes Yes Yes Yes Yes No No Yes Yes No No Yes Yes Yes Yes No None 78 Tallahassee Michael Parker (850) 889.2067 Ne Na No Yes No No Yes No No No Yes Yes Yes No Yes No None 79 Tampa Sam Hamilton (813) 2743795 Yes No No Yes No No No No No No Yes Yes No No Yes No None 20 Winter harm Michael McMahan (863) 2915600 Yes Yes No Yes Yes Na No No No No Yes Yes Yes No Yes No None 21 Boynton Beach Doug Hutchinson (561) 7373256 No No Yes Yes Yes No Yes No Yes No Yes Yes Yes Yes Yes Yes Yes 22 St. Johns Count' Tom CfaWfOrd (904) 823.2501 Yes Yes Yes No Yes No Yes No Yes No Yes Yes Yes Yes Yes Yes None 23 Escambia Jddle Mdndle (850) 5953216 No Yes No Yes No No No No No No Yes Yes No Yes Yes Yes Yes ~.`4 Englewocd Chris Davis (941) 4733795 No Yes Yes No Yes No No No No No Yes Yes Na Yes No No None 25 Gulfport Mike Konefal (721) 893.1000 No No No No Yes No Ne No No No No No No No Ne No None 26 Largo Michael Staffopoulos (727) 586.7490 No Yes No No Ne Nc No No No No No Yes Yes Yes Yes Nc None 27 Miami Beach Alexandra Rolandelli (305) 673.7193 No Yes Yes Yes No No No Yes Yes No Yes Yes No Yes Yes Na None 28 Oldsmar Creg SCOYIIIe (813) 749.1103 No No No Yes No No No No Ne No No Yes No No Yes Na None 29 Omni, Miami Alejandro Vilarello (305) 416.1800 Yes Yes Yes No No No Yes No Na No Yes Yes Yes Yes Yes No None 30 Plant Qty David SDllenberger (813) 6594200 Yes Yes Yes Yes Yes No No No No No No Yes Yes No Yes No None 37 Safely Harbor Wayne Logan (727) 724.1555 No No No Yes Yes No No No No No No Yes No No Yes No Yes 32 SE OvertownlPark West Alejandro Vilarello (305) 416.1600 Yes Yes Yes No No No Yes No No No Yes Yes Yes Yes Yes No None 33 SI. Petersburg Robert Jeffrey (727) 5513254 Yes Yes Yes Yes No Yes No No Yes No No No Yes No No No None 34 Tarpon Springs Charlie Attardo (727) 9425638 Yes No No No No No No No No No No Yes No No No No None 35 Jacksonville Beach Steve Lindort (904) 2475231 Yes Yes Yes Yes No No No No Yes Yes Yes Nc Yes Yes Yes Yes Yes 36 Pinellas Park Thomas SheVlin (727) 541-0751 No Yes No No No No No No No No No Yes No No No Nc Yes 37 Brooksrille Bill Geiger (352) 5445430 No No No Yes No No No No No No Yes No No No Yes No No Total•Yes 16 23 76 27 17 6 B 6 73 4 78 29 78 15 25 9 10 Percent of Total 46% 64% 46% 73K 49'/. 1T/. 23ti 174 3TU NN 49R 81% 57R 43`/. 68! 26Y. 28'/. • , CRA ActiviBes Slatewide.>ds 1r J~ u Dale: November 3, 2003 Depa of Econamlc Development and Housing l r r~ • Exhibit "B" Other Activities: • COMPARISON OF FLORIDA CRA's TIF Expenditures and Activities BARTOW: Cultural Heritage Facility & Annual Heritage Summit Grant Writing CEDAR KEY: Rehabilitation of Public Facilities First Station, City Hall and Library PALMETTO: Code Enforcement Property Maintenance Promotion and Marketing BOYNTON BCH: Trolley Underwrite Bonds for Museum SAFETY HARBOR: Special Events Public Art Utility Payments Chamber Sponsorship Downtown Brochure JACKSONVILLE BCH: Duval County adopted ordinance allowing for construction of a new fire station ESCAMBIA COUNTY: Utility cost for outdoor lighting and sprinkler system Development Incentives: CAPE CORAL: CASSELBERRY HOLLY HILL: PALMETTO: PUNTA GORDA: BOYNTON BEACH: Impact Fee Rebate (max $15,000) Fast Track Development Review Property Improvement Grants Property Improvement Grants Rebate of Impact and Permit Fees (case-by-case) Property Improvement Grants 50% Refund of Increment (over 10 years) ORDINANCE NO. 7231-03 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE CLEARWATER DOWNTOWN REDEVELOPMENT PLAN PREVIOUSLY ADOPTED AND AMENDED BY ORDINANCE NO. 7153-03 IN ORDER TO AMEND CHAPTER 3 LAND USE PLAN/REDEVELOPMENT PLAN REGARDING THE ATTRACTION AND DEVELOPMENT OF A RETAIL/ENTERTAINMENT COMPLEX; TO AMEND DOWNTOWN STRATEGIES, THE CAPITAL IMPROVEMENT PLAN AND THE TAX INCREMENT REVENUE PROJECTIONS SECTIONS OF CHAPTER 4 PLAN IMPLEMENTATION ASSOCIATED WITH THE PLAN; PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Clearwater has the authority pursuant to Rules Governing the Administration of the Countywide Future Land Use Plan, as amended, Section 2.3.3.8.5, to adopt and enforce a specific plan for redevelopment in an urban center in accordance with the Central Business District plan category, and said Section requires that a special area plan therefore be approved by the local government; and WHEREAS, the City Commission approved the 1995 Clearwater Downtown Redevelopment Plan on August 17, 1995 and the Downtown Periphery Plan update on April 19, 2001; and WHEREAS, the City Commission approved the updated 2003 Clearwater Downtown • Redevelopment Plan on September 18, 2003 by adopting Ordinance No. 7153-03; and WHEREAS, the requirements of Florida Statutes Section 163.360 regarding the adoption of community redevelopment plans have been met regarding that portion of the amendments proposed hereby which affect the Downtown Community Redevelopment Area, and the requirements of Florida Statutes Section 163.346 regarding notice to taxing authorities and other required notice, as well as all other requirements of Florida Statutes Chapter 163, have been met; and - WHEREAS, the Pinellas County Board of County Commissioners reviewed the Plan adopted by Ordinance No. 7153-03 on October 21, 2003 and recommended that certain amendments to the Ordinance be made regarding the use of tax increment financing by the City of Clearwater); and WHEREAS, it is advisable to add certain provisions to the Plan regarding attraction and development of a retail/entertainment complex, and to amend downtown strategies; and WHEREAS, the Community Redevelopment Agency has reviewed the proposed amendments and recommends them to the City Commission, and the amended Plan shall serve as the Community Redevelopment Plan for the downtown Community Redevelopment Area of the City of Clearwater; and WHEREAS, the proposed amendments Board, which is the land planning agency for • Government Comprehensive Planning and Land were reviewed by the Community Development the City of Clearwater for purposes of the Local Development Regulation Act, and the Community Ordinance iVo. 7231-03 A 3i • • Development Board found the proposed amendments to be consistent with the Comprehensive Plan of the City of Clearwater; and WHEREAS, Resolution No. 95-65 was adopted on August 8, 2002 which declared the area generally east of the Redevelopment District as containing slum and blighted conditions and detrimental to the sound growth of the area; and WHEREAS, the proposed amendments conforms to the general plan of the City of Clearwater as a whole; and WHEREAS, the proposed amendments will afford maximum opportunity, consistent with the sound needs of the City as a whole, for the rehabilitation or redevelopment of the Plan area by private enterprise; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The amendments to the Clearwater Downtown Redevelopment Plan attached hereto as Exhibit "A" are hereby adopted. Section 2. The City Manager or designee shall forward said amendments to any agency required by law or rule to review or approve same. Section 3. This ordinance shall take effect immediately upon adoption, subject to the • approval by the Pinellas County Board of County Commissioners and the Countywide Planning Authority. PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED Brian J. Aungst Mayor-Commissioner Approved as to form: Leslie K. Dougall-Sides Assistant City Attorney Attest: Cynthia E. Goudeau City Clerk • S:\Planning Department\DOWNTOWN PLAN UPDATE\1stAmendment to Downtown Plan\1st Downtown Plan Amendment- Ord 7231-03.doc Ordinance No. 7153-03 2 ~ . • • EXHIBIT A Ordinance No. 7231-03 AMENDMENT 1 -CHAPTER 3 LAND USE/REDEVELOPMENT PLAN GOALS, OBJECTIVES AND POLICIES SECTION Lzsert new Policy 23 on Page 53 of the Plan and re~zumber the remaining Policies. Policv 23: The City shall evaluate the need size and location for a parking~~arage(s) to support entertainment retail and/or restaurant uses. The City may support the development of these uses through the construction of a ara e, participation in a public/private partnersh~ to build a garage or contributions to assist in the construction of a ag rage. AMENDMENT 2 -CHAPTER 3 LAND USE/REDEVELOPMENT PLAN . DOWNTOWN CHARACTER DISTRICTS SECTION - TOWN LAKE BUSINESS PARK DISTRICT Amend District Visio~z -Use Sacbsectio~z on Page 72 of the Plan as follows: Use • The Town Lake Business Park District is envisioned to be a Downtown location for office park development. The District should be redeveloped with corporate and professional offices, as well as those conducting research and/or light assembly. Incidental support commercial uses are anticipated to serve the offices in the District. rn' ^~ r^,,,. n ~..s cf lw::d i.. ~.,...,^:'c'.ea. Residential development or entertainment with supporting retail/restaurant uses may be considered in limited locations along maior streets and if an entire block is assembled for the redevelopment proiect. **** AMENDMENT 3 -CHAPTER 4 PLAN IMPLEMENTATION DOWNTOWN STRATEGIES SECTION Iizsert new Strategy 20 o~z page 146 as follows and renumber the remaining strategies: (this strategy is to be located as a new item within the Downtown Strategies and before the beginning of Downtown Core Character District Strategies) :~*~:~ Strategy 20• Market the Downtown as a location for a movie theater and assist the developer as needed in the acquisition and assembly of land for either the theater and/or parking .facilities and/or development of parking facilities to • support the use. **=r:~ Exhibit A -Ordinance No. 7231-03 • • AMENDMENT 4 -CHAPTER 4 PLAN IMPLEMENTATION DOWNTOWN STRATEGIES SECTION Insert new Strategy 20 in Table 7 Summary of Public Strategies on page 149 and renumber the remai~zing strategies as follows: (This strategy is to be located before the beginni~zg of Downtown Core Character District Strategies) Table 7 Summary of Public Strategies # Strate Lead De artment Timin 20 Movie Theater Marketing Economic Development Ongoing Strate~y AMENDMENT 5 -CHAPTER 4 PLAN IMPLEMENTATION CAPTIAL IMPROVEMENT PLAN (CIP) SECTION Amend Capital Improvement Plan (CIP) Section (including Tables 8 and 9) starting on page l52 of the Plan as follows: CAPITAL IMPROVEMENT PLAN (CIP) To implement the Downtown Plan, the City is committed to investing in the Downtown. Below are a variety of significant Capital Improvement Projects, short- to long-term in nature, addressing streetscape, road improvements, public uses, utilities and parks (Map 12, page 157). The costs of projects identified range between Q' ^^ r,~"~^r +^ Q' ^4 m~-llien $157 million to $161 million. This Capital Improvement Plan was based on several assumptions: the cost for each capital project is based on the best estimate available duringLdevelopment of this plan; all costs are shown in 2003 dollars• project scope and funding sources may vary as determined duringspecific project budget and planning phase• Penny for Pinellas funding is assumed to be extended and will be based on the City's priorities as determined at time of extension Revisions to the Downtown Capital Improvement Plan maybe made by the City Commission during their annual budget process and all changes shall be reflected in the City's adopted Annual Operating and Capital Improvement Budget. All changes shall be consistent with the goals objectives and policies of this Plan. • 2 Exhibit A -Ordinance No. 7231-03 • • • • Table 8 Redevelonment Proiects/CIP Project Name FY Location Existing/Potential Cost Fundin Source Wayfinding Sign 2003/2004 S.R. 60 & Highland CDBG*, TIF**, $750,000 Package Avenue intersection General Fund directing traffic to Downtown; Court & Chestnut Streets at their intersections with Missouri, Myrtle, Osceola & Fort Harrison Avenues; Drew Street at its intersection with Missouri, Fort Harrison, Osceola & Myrtle Avenues Fort Harrison 2003/2004 The entire length of Fort FDOT*** $8.6M Avenue/Alternate Harrison Avenue within ' U.S. Highway 19 Clearwater Resurfacing Pump Station 2003/2004 South side of the west Water and Sewer $698,500 #16 end of Pierce Street Bond Pump station #12 2003/2004 900 North Osceola Water and Sewer $186,000 Avenue (in front of Bond Clearwater Bay Marina). Cleveland Street 2004 - Between Osceola and Penny for Pinellas, $3.7M Streetscape 2006 Myrtle Avenues TIF and Private Intersection 2004/2005 Based on traffic study Gas Tax and $1M Improvements after bridge opens Transportation Irri act Fees Myrtle Avenue 2004/2005 Myrtle Avenue between Stormwater Utility $12M Reconstruction North Fort Harrison TIF $1M and Avenue & Lakeview Streetscape Road (including stormwater outfall from Town Lake to Clearwater Harbor) Station Square 2005/2006 The north side of Private and TIF $1M Park Cleveland Street between Redevelopment East & Garden Avenues Clearwater 2004/2005 Turner Street to Oak Pinellas County, $1.2M Beach Connector Avenue to beach (2,000 Penny for Pinellas, (includes Spur (Pinellas feet within Downtown) CMAQ**** entire Trail) project) Exhibit A -Ordinance No. 7231-03 • • n U • Table 8, cont'd Redevelopment Proiects/CIP Gulf to Bay 2004 - Gulf to Bay Boulevard & FDOT (for paving $1.SM Boulevard and 2006 Highland Avenue only), TIF and Highland Avenue Intersection CDBG, Penny for Gateway Pinellas Intersection Improvement Fort Harrison 2004 - Drew Street to Private, Pinellas $3.7M Avenue 2006 Court/Chestnut Streets County, Grants and Streetscape TIF Glen Oaks Park 2004/2005 Immediately south of the Stormwater Utility, $4.3M Stormwater Downtown area at the SWFWMD Retention intersection of Court Facility Street & Betty Lane Memorial 2004 - Chestnut Street to the FDOT, Grant and $500,000 Causeway Bridge 2006 east end of the Memorial Special Landscaping Causeway Bridge Development Fund Cleveland Street .2005 Between Fredrica & FDOT $870,000 and Gulf to Bay Highland Avenues Boulevard Repaving Cleveland Street 2005 Between Island Way & FDOT $960,000 & Memorial Fort Harrison Avenue Causeway Repaving Main Fire Station 2005/2006 Originally planned to Penny for Pinellas $4.6M rebuild on existing site. Currently reviewing available property on the S. Fort Harrison Avenue corridor between Court Street & Lakeview Road Osceola Avenue 2005 - East side of North Parking fund,, $~-I- Gara~e (~59- 2007 Osceola Avenue between Private, TIF and X5_5 -1 ~8a8- app• 375 - Drew &~ Cleveland Bonds - 7.SM 500 spaces) Streets ~~~^ +',° ^ ^~+ha Redevelopment 2005 - To be determined based Parkin fg und, $5.5 - Garage (app. 2010 on location of major Private, TIF and 7.SM 375 - 500 entertainment and/or Bonds spaces) (*****) restaurant/retail ro'ect s Exhibit A -Ordinance No. 7231-03 • • • • Table 8, cont'd Redevelopment Proiects/CIP Reuse of 2006/2007 Current site of Penny for Pinellas, TBD Existing Main Downtown Main Fire TIF and Grant Fire Station Station Coachman Park 2005 - Coachman Park - Park portion: $14.SM Redevelopment 2008 expanded to include the General Fund, ($7.SM) and 450 existing park site and the Private, Penny for space Garage area on the south side of Pinellas and TIF ($7M) Cleveland Street Garage portion: Private, Parking System and TIF Downtown 2006/2007 Coachman Park on the Revenue Bond, $SM Marina north and south sides of Private and TIF the bridge Pinellas Trail 2006/2007 East Avenue between Grants and Penny $3M and East Avenue Drew Street & Druid for Pinellas widening Road New City Hall 2006/2007 Vacant site to the south Sale revenue from $13.SM and associated of the MSB along Pierce existing site and parking Street between South Bonds Myrtle & East Avenues Osceola Avenue 2005 - Osceola between Drew & Private, Pinellas $3M Streetscape 2010 Court County and TIF Cleveland Street 2007 - Between Highland & TIF, Private and $8.6M and Gulf to Bay 2015 Myrtle Avenues CDBG Boulevard Streetscape Commercial 2010+ Per Master Streetscape TIF, Bond, Private ~B Streets "A" and Plan and Penny for $SM "g" Pinellas Court/Chestnut 2010+ Per Master Streetscape TIF, Private, Bond ~B Beach Corridors Plan (from bridge to SR and Penny for $SM Streetscape 60 & Highland Avenue Pinellas intersection Beach to Bluff 2010+ Along the Memorial Federal Grant, $40M Guideway Bridge between the Private, FDOT, Downtown and the Federal Transit Marina area of the Beach Authority Exhibit A -Ordinance No. 7231-03 • • • • .~ New PSTA 2010+ Existing PSTA Site at the PSTA, Penny for ~B Multi-modal SW corner of Pierce Pinellas, Pinellas $3M, transportation Street and Garden County, Parking City center Avenue Fund, TIF Share Table 8, cont'd Redevelo ment Pro'ects/CIP * Community Development Block Grant; * * Tax Increment Financing; *** Florida Department of Transportation; ****Congestion Mitigation and Air Quality Improvement= ***** The specific size of the two garages will be determined at the time of proiect plamlin~ based on redevelopment activity and intensities• the sizes of the two gara ems may vary from the sizes stated to accommodate the parking demand un to a maximum of $15 million. combined cost for the two garages. 6 Exhibit A -Ordinance No. 7231-03 ~ . • Table 9 Redevelo ment Pro'ects/CIP Arran ed b T e of Pro'ect Pro'ect Name FY Cost Street Re avin /Resurfacin (total $234.43 M) Fort Harrison Avenue/Alt. U.S. Highway 19 Resurfacing (FDOT) * 2003/2004 $8.6M Myrtle Avenue Reconstruction * and Streetscape 2005 ~ 13M Cleveland Street and Gulf to Bay Boulevard Repaving (FDOT) * 2005 $870,000 Cleveland Street & Memorial Causeway Repaving (FDOT) * 2005 $960,000 Intersection Improvements* 2004/2005 $1M Utilities and Infrastructure (total $16.184M - $20.184 M) Osceola Avenue (7~8--898 375 - 500 spaces) 2005 - 2007 $~---~~ 5_5 - 7.SM Redevelopment Garage (375 - 500 spaces) 2005 - 2010 $5.5 - 7.SM Pump Station #16* 2003/2004 $698,500 Pump Station #12* 2003/2004 $186,000 Glen Oaks Park Stormwater Retention Facility* 2004/2005 $4.3M Streetsca a Im rovements/Landsca in (total $~1~3 31.75M **) Wayfinding Sign Package 2003/2004 $750,000 Gulf to Bay Boulevard and Highland Avenue Gateway Intersection Improvement 2004 - 2006 $1.SM Fort Harrison Avenue Streetscape 2004 - 2006 $3.7M Memorial Causeway Bridge Landsca ing 2004 - 2006 $500,000 Cleveland Street Streetscape Funding available upon approval of revised Penny or Pinellas list during FY 03/04 Budget approval process 2004 - 2006 $3.7M Osceola Avenue Streetscape 2005 - 2010 $3M Cleveland Street and Gulf to Bay Boulevard Streetsca e 2007 - 2015 $8.6M Commercial Streets "A" and "B"* 2010+ ~t~'- $SM Court/Chestnut Streets Beach Corridors Streetscape* 2010+ ~87~'-~-`-$SM Parks and Recreation Facilities (total $24.7M) Clearwater Beach Connector Spur (Pinellas Trail)* 2004/2005 $1.2M (includes entire roj ect Coachman Park Redevelopment ($7.SM) and 450 space Garage ($7M) 2005 -2008 $14.SM Downtown Marina 2006/2007 $SM Station Square Park Redevelopment 2005/2006 $1M Pinellas Trail and East Avenue widening 2006/2007 $3M Public Uses (total $3-~~61.1 M**) New City Hall and Associated Parking 2006/2007 $13.SM Main Fire Station* 2005/2006 $4.6M Reuse of Existing Main Fire Station 2006/2007 TBD** Beach to Bluff Guideway 2010+ $40M New PSTA Multi-modal transportation center 2010+ ~l~$3M * Funding approved in adopted CIP or awarded grant •** Total does not include those projects the costs of which are to be determined at a future date 7 Exhibit A -Ordinance No. 7231-03 i • AMENDMENT 6 -CHAPTER 4 PLAN IMPLEMENTATION CAPTIAI: IMPROVEMENT PLAN (CIP) SECTION Amend Capital Improvement Plan (CIP) Section, Capital Project Descriptions subsection on Page 162 by revising the Osceola Avenue Parking Garage description and by inserting a project description for Redevelopment Garage following the Osceola Ave~aue Parking garage as follows: ***** Osceola Avenue Parking Garage ('-,~0--000 375 - 500 spaces): Due to the strategic location of this prime redevelopment site "Superblock", a public/private partnership may enable the construction of a major Downtown parking garage to service the block's redevelopment potential, and the redevelopment activities which might occur on the parcels lying west of Osceola Avenue. This parking garage will also provide additional parking for the new Main Library, currently under construction Redevelopment Garage (375 - 500 spaces): As major redevelopment occurs it is anticipated that one or more major entertainment and restaurant mixed use proiect(s) will be developed Downtown. Due to the high parking demand of these types of uses this ~ara~e would be sited and constructed to support the entertainment activity The specific location of the ~ara~e will be determined based on the location of the entertainment pro~ect s) and will provide parking for it and • other~lanned/approved downtown redevelopment projects. :~~*~: AMENDMENT 7 -CHAPTER 4 PLAN IMPLEMENTATION TAX INCREMENT REVENUE PROJECTIONS SECTION Amend Tax Increment Reve~zate Section of Plan on page 183. The amendments are located prior to the "Tax Increment Revenue Projections for the Original CRA District" subsection of the Plan and are as follows: Tax Increment Revenue Projections Based on this overview, it is evident that the CRA has the potential for developing several million square feet of development over the next two decades, including the attraction of up to 1,000 new urban housing units in the next five to ten years in the downtown core which will act as a catalyst for a substantial amount of new office use, retail and entertainment establishments. If all of the projects described above are realized, the increase in the tax roll could be upwards of $390 million. • 8 Exhibit A -Ordinance No. 7231-03 • However, while opportunities are outstanding, it is the intent of the CRA to proceed forward cautiously with our TIF projections. The TIF projections are calculated separately for the original CRA and the expanded CRA because the base years for the property values are different. The CRA envisions continuing to use both the City's and the County's share of Tax Increment Financing dollars for capital projects in the original and expanded CRA. TIF is identified as one of the funding sources for several capital and infrastructure improvement projects outlined in the Capital Improvement Projects (CIP) section of this plan. These projects include the Cleveland Street, Fort Harrison, and Gulf to Bay Streetscapes and the Gulf to Bay Boulevard and Highland Avenue Gateway Intersection. In addition, TIF will be used for paying impact fees, "buying in" of public parking in private projects, assembling redevelopment sites, purchasing land and/or buildings, affordable and transitional housing_projects, and facade improvement grants. Below is a summary of the programs and initiatives that will use TIF as well as the estimated costs associated with each. The County's share of TIF shall only be used for the capital projects included in the table below. The City's share of TIF may be used for any initiative listed in the table. Summary Table of C .A Pra CRA I'ro~rams and Initiatives • Area Brownfields Enviro Building Facade Improve itown Land Acquisition nltlatlves. Timm Timing up * Ongoing * On og ink Ongoing On og ink Ongoing otects* Ongoing ve • CRA Revolving Loan Fund Ongou Total _ *Capital projects and initiatives -County TIF shall only be used for these pro rg ams CRA Area Brownfields Environmental Cleanup Projects Estimated (cost $5,000,000 $1,000,000 $21,000,000 $10,000,000 $5,000,000 $5,000,000 $1,000,000 Due to the limited availability of state and federal environmental cleanup funds, TIF dollars will be required for environmental remediation for :multiple projects, particularly those that have a history of petroleum contamination. A case in point is the Clearwater Auto SalvaQa Yard that is being acquired by the City, as well as a number of sites lyin~ adiacent to the CGI (formerly IMRalobal) Campus west of Missouri. Project Cost: $5.0 million Time Frame: Ongoing 9 Exhibit A -Ordinance No. 7231-03 • CRA Building Facade Improvement Program This is an ong_oingprogram funded by the CRA in concert with our Main Street Program. The Facade Improvement Program provides grants and loans to eligible business propert owners and tenants who wish to upgrade their exterior building facades. Protect Cost: $1.0 million Time Frame: Ongoing Downtown :Land Acquisition A critical function of the CRA is to assemble~roperty for resale and redevelopment by the private sector The principal purpose of property assembl~is to assist in eliminating the slum and blight conditions that exist within the CRA by facilitating private redevelopment of these under-performing sites. This program enables the CRA to assemble, purchase and option property- and structures within the CRA for redevelopment urposes consistent with this Plan. Examples of propertyacquisitions anticipated by this program include but are not limited to• acquiringproperty in the Town Lake Business Park Character District to facilitate the development of a suburban office campus• acquiring_property in the East Gateway Character District to eliminate the problematic uses and/or contaminated sites, to improve the substandard housing conditions and to consolidate obsolescent and/or sites undersized • as compared to current zoning requirements to allow commercial. redevelopment; acquiring property within the Downtown to assist in the development of a maior entertainment attraction including a movie theater entertainment, retail and/or restaurant uses Other propertyacquisitions that implement the oag ls, obi ectives and policies of this Plan maybe achieved through. the use of this CRA program. Total Cost: $21.0 million Time Fraine: Ongoing CRA Redevelopment Incentive Funding Historically, the CRA has utilized TIF revenues to assist redevelopment efforts in a variety of ways such as• landscape and streetscape improvements~property acquisition construction of public parkin garages payment of project permit and impact fees payment of project utility connection and stoimwater fees, parking incentives to retain downtown businesses, subsidy to the__Jolley Trolley operations and the facade improvement program. Downtown redevelopment is enerally considered to be more expensive and risky in an unproven market than development in other areas of a city and especially when compared to development in greenfields This situation currently exists in Downtown Clearwater as • demonstrated by the lack of substantial new private redevelopment with few exceptions. 10 Exhibit A -Ordinance No. 7231-03 1 • • • The lack of investment in Downtown has resulted in the poor economic health of Downtown to which the Cit i~ resp_ondin with this Plan. This program will brovide financial incentives to developers to offset the high land development and construction costs within the Downtown and to encourage investment in Downtown that will revitalize the center citywith people employees businesses and. activities. The types of incentives contemplated by this program include but are not limited to: payment of project permit and impact fees;~ayment of project utility connection and stormwater fees; parking and other financial incentives to retain and attract downtown businesses; and contributions for parking facilities. Total Cost: $10.0 million Time Frame: Ongoing ; Retail Lease/Location Incentives In order to achieve the concentration and/or location of the desired retail market in the Downtown it may be necessar t~ o negotiate with existing tenants in regard to existing leases or terms for relocation This consideration may require significant cost to achieve a desired mix and physical orientation/location for these businesses. Total Cost: $5.0 million Time Frame: Ongoing • CRA Affordable and Transitional Housing Proiects The development of one or more mixed-income housing_projects within the CRA has been identified as a necessary strategy due to the need to retain affordable housing options in this environment Typically the CRA would leverage its position in a public- nrivate partnership by contributing funds to effectuate the lower income criteria in a new rp oLect• U A maior component of the rehabilitation of the CRA Expansion Area and the need for affordable housing is the redevelopment of the Clearwater Homeless Intervention Project (CHIP) site into a "transitional" and "permanent" housing campus The campus concept for CHIP would entail assembling property between Park Street the Stevenson Creek channel Evergreen Avenue and Cleveland Street into aself-contained and secure campus. TIF funding would be used to assist in the purchase of properties while other state and federal funds would be used for housing construction and operations. Total Cost: $5.0 million Time FrameTime Frame: Ongoing 11 Exhibit A -Ordinance No. 7231-03 `1 1 ~ • • • CRA Revolving Loan Fund A lcey component of our future re implementation of a public-private institutions. Modeled after successful established and loans provided for relocation costs, etc. The CRA would capital. from the banks. development strategy for the downtown is the revolving loan program with local financial programs in other cities a joint pool would be expanding businesses building improvements, provide seed caRital to thepool along with private Total Cost: $1.0 million Time Frame: Ongoing n U **~* 12 Exhibit A -Ordinance No. 7231-03 Clearwater U MEMORANDUM To: Bill Horne, City Manager From: Cyndi H. Tarapani, AICP, Planning Director Date: November 7, 2003 RE: Amendments to the Clearwater Downtown Redevelopment Plan SUB.IECT/RECOMMENDATION: APPROVE amendments to the Clearwater Downtown Redevelopment-Plan and PASS Ordinance No. 7231-03 on first reading. SUMMARY: The City Commission approved the Clearwater Downtown Redevelopment Plan on September 18, 2003. The draft Plan was initially submitted to Pinellas County staff for review in June 2003 and multiple meetings were held between City and County planning staff to discuss the proposed Plan. As a result of these discussions, the City agreed to incorporate certain clarifications and additions requested by County staff into the Plan on first reading. After the City adopted the Plan, the County staff requested additional information regarding how tax increment revenues will be used to implement the Plan. The County staff asked for an account of the amount of tax increment financing (TIF) funds to be used for each project as compared to other eligible sources of funding. The City prepared an estimate of this information and provided it to the County in early October. On October 21, 2003 the Board of County Commissioners (BCC) discussed the Plan under the County Administrator's Reports. The Board indicated its general support for the Plan as the Redevelopment Plan and Special Area Plan for Downtown but had concerns with the Plan's use of TIF. In particular, the Board appeared to concur with the County Administrator's concerns about the length of the term of the Tax Increment District as well as objecting to certain intended uses of TIF funds. The County Administrator's report indicated that the Board should delay a decision on the Plan until the City made amendments to the Plan to address the County's concerns regarding the use of TIF fund. Senior City and County staffs have held several meetings to resolve as many of the outstanding issues associated with the Plan as possible. Of the 4 major areas of concern, City and County staffs have reached agreement on two. These issues and their resolution are described below and are included in the proposed amendments. S: (Planning DepartmentlDOWNTO WNPLAN UPDATEVst Amendment to Downtown PIanlMemo for the Summary Section of the City Commission Doivntotivn Plan Amendments Cover Memo.doc • 1. Use of County TIF Only for Capital Projects and Capital Pro;Qrams. The Downtown Plan supported the use of TIF funds for a variety of capital projects, as well as redevelopment programs and initiatives. The County requested more specific information on the types of programs to be funded, the amount of funding and the timeframe for expenditures. The City submitted the requested information. Upon the review of this information the County Administrator indicated the County would not support the County portion of TIF for redevelopment incentives and other non-capital programs such as a revolving loan program -and retail lease/relocation incentives. It should be noted that the Board of County Commissioners requested the City to compile information detailing how other CRAB throughout the State use their TIF revenues. Based on the survey conducted, it was determined that other Florida CRAB use TIF to fund the type of programs the County does not want to fund. The proposed amendments to the Downtown Plan clarify that County TIF will only be used for capital projects and programs (see Amendment 7 -pages 8-12 of Exhibit A of Ordinance). City TIF will be available to be used for non-capital programs and initiatives. 2. Cost Estimates for Several Identified Capital Projects. Three capital projects did not include cost estimates because the project timeframe for construction is years away. The County staff wanted estimates included for all projects. The City's best possible estimates have been developed and are proposed to be included in the Capital Improvement Plan. These revisions are reflected in Amendment 5, pages 5 - 7 of the ordinance. Two remaining issues require specific policy direction from the City Commission and are discussed below. 1. Length of TIF. The length of the TIF has not been resolved. Originally, the City Administration desired TIF to be in effect for 30 years from the date of the approval of the updated Plan which is as established by the Florida Statutes. In addition, a longer period of time is more useful to affect redevelopment through the capital projects and programs whose purpose is to eliminate slum and blighting conditions in an under performing downtown. The County Administration desires TIF to be approved for ashort- term period of 15 years due to concerns about the uncertain future of the County budget. Several solutions have been explored between County and City staff. One solution discussed was that the County would approve the use of TIF fora 30-year term with a review after 15 years. However, when the County reviews the Downtown progress in 15 years, the County would be limited by the Florida Statute provision that restricts the decision to a continuation of TIF funds at the 95% level or complete elimination of both County and City TIF. This option clearly carries enormous risk for the City since elimination of a major source of funding could be done prior to completion of substantial improvements within the Downtown. A second alternative explored was a TIF term for 15 years if no bonds are issued by the City OR a 20 year term if bonds are issued within the first year after final Plan approval. The City Administration prefers this alternative since it allows the City more flexibility in funding options. In addition, three current or pending projects have obligated substantially all of the TIF project funding for the next three years. These projects include the loan payment for the Dimmitt property, incentives to be provided for the Beck project and payment for the Cleveland Streetscape and Station Square Park capital projects. At this point, it is not clear if the County administration will support this option. 2. Inclusion of Table Identi ing Funding Sources for all Capital Projects in Plan. The County Administrator requested that the City include an amendment that adds a table entitled Clearwater Downtown Redevelopment Plan Capital Projects -Table Identifying Funding Sources for all Capital Projects (copy attached as an exhibit). The Table estimates the funding sources for each S.•IPlanning DepartmentlDOWNTOWN PLAN UPDATEIIst Amendment to Downtown PIanlMemo for the Summary Section of the Ciry Commission Downtown Plan Amendments Cover Memo.doc • project, differentiating the amount of TIF funds versus other eligible funding sources. This chart is not included in these amendments because the City Administration believes this requested level of detail is not appropriate for inclusion in a 20-year plan, but more appropriately should be reflected in the City's five-year capital improvement budget adopted annually by the City Commission. All redevelopment capital improvement projects conducted to implement the Downtown Plan must be consistent with the Capital Improvement Plan, but the City reserves the right to determine the exact amount and source of funding at the time that the project is formally initiated by its inclusion in the capital budget. The City Administration recommends that this table not be included in the Clearwater Downtown Redevelopment Plan. The Community Development Board will review the proposed amendments to the Clearwater Downtown Redevelopment Plan in its capacity as the Local Planning Agency (LPA) at its regularly scheduled meeting on November 18, 2003 and the Planning Department will report its recommendation at the November 20"' Commission meeting. S: IPlnnning DepartmentlDOWNTOWN PLAN UPDATEI1st Amendment to Downtown PIanlMemo for the Summary Section of the City Commission Downtown Plan Amendments Cover Memo.doc • • Clearwater MEMORANDUM To: Bill Horne, City Manager From: Cyndi H. Tarapani, AICP, Planning Director Date: November 7, 2003 RE: Amendments to the Clearwater Downtown Redevelopment Plan SUBJECT/RECOMMENDATION: RECOMMEND APPROVAL of amendments to the Clearwater Downtown Redevelopment Plan and PASS Ordinance No. 7231-03 on first reading SUMMARY: This is a Community Redevelopment Agency item. The City Commission approved the Clearwater Downtown Redevelopment Plan on September 18, 2003. The draft Plan was initially submitted to Pinellas County staff for review in June 2003 and multiple meetings were held between City and County planning staff to discuss the proposed Plan. As a result of these discussions, the City agreed to incorporate certain clarifications and additions requested by County staff into the Plan on first reading. After the City adopted the Plan, the County staff requested additional information regarding how tax increment revenues will be used to implement the Plan. The County staff asked for an account of the amount of tax increment financing (TIF) funds to be used for each project as compared to other eligible sources of funding. The City prepared an estimate of this information and provided it to the County in early October. On October 21, 2003 the Board of County Commissioners (BCC) discussed the Plan under the County Administrator's Reports. The Board indicated its general support for the Plan as the Redevelopment Plan and Special Area Plan for Downtown but had concerns with the Plan's use of TIF. In particular, the Board appeared to concur with the County Administrator's concerns about the length of the term of the Tax Increment District as well as objecting to certain intended uses of TIF funds. The County Administrator's report indicated that the Board should delay a decision on the Plan until the City made amendments to the Plan to address the County's concerns regarding the use of TIF fund. Senior City and County staffs have held several meetings to resolve as many of the outstanding issues associated with the Plan as possible. Of the 4 major areas of concern, City and County staffs have reached agreement on two. These issues and their resolution are described below and are included in the proposed amendments. S: IPlnnning DepartmentlDOWNTOWN PLAN UPDATEIIst Amendment to Downtown PIanlMemo for the Summery Section of fhe Community Redevelopment Agency Downtown Plan Amendments Cover Memo.doc • 1. Use of County TIF Only for Capital Projects and Capital Pro rg ams. The Downtown Plan supported the use of TIF funds for a variety of capital projects, as well as redevelopment programs and initiatives. The County requested more specific information on the types of programs to be funded, the amount of funding and the timeframe for expenditures. The City submitted the requested information. Upon the review of this information the County Administrator indicated the County would not support the County portion of TIF for redevelopment incentives and other non-capital programs such as a revolving loan program and retail lease/relocation incentives. It should be noted that the Board of County Commissioners requested the City to compile information detailing how other CRAB throughout the State use their TIF revenues. Based on the survey conducted, it was determined that other Florida CRAs use TIF to fund the type of programs the County does not want to fund. The proposed amendments to the Downtown Plan clarify that County TIF will only be used for capital projects and programs (see Amendment 7 -pages 8-12 of Exhibit A of Ordinance). City TIF will be available to be used for non-capital programs and initiatives. 2. Cost Estimates for Several Identified Capital Projects. Three capital projects did not include cost estimates because the project timeframe for construction is years away. The County staff wanted estimates included for all projects. The City's best possible estimates have been developed and are proposed to be included in the Capital Improvement Plan. These revisions are reflected in Amendment 5, pages 5 - 7 of the ordinance. Two remaining issues require specific policy direction from the City Commission and are discussed below. 1. Length of TIF. The length of the TIF has not been resolved. Originally, the City Administration desired TIF to be in effect for 30 years from the date of the approval of the updated Plan which is as established by the Florida Statutes. In addition, a longer period of time is more useful to affect redevelopment through the capital projects and programs whose purpose is to eliminate slum and blighting conditions in an under performing downtown. The County Administration desires TIF to be approved for ashort- term period of 15 years due to concerns about the uncertain future of the County budget. Several solutions have been explored between County and City staff. One solution discussed was that the County would approve the use of TIF fora 30-year term with a review after 15 years. However, when the County reviews the Downtown progress in 15 years, the County would be limited by the Florida Statute provision that restricts the decision to a continuation of TIF funds at the 95% level or complete elimination of both County and City TIF. This option clearly carries enormous risk for the City since elimination of a major source of funding could be done prior to completion of substantial improvements within the Downtown. A second alternative explored was a TIF term for 15 years if no bonds are issued by the City OR a 20 year term if bonds are issued within the first year after final Plan approval. The City Administration prefers this alternative since it allows the City more flexibility in funding options. In addition, three current or pending projects have obligated substantially all of the TIF project funding for the next three years. These projects include the loan payment for the Dimmitt property, incentives to be provided for the Beck project and payment for the Cleveland Streetscape and Station Square Park capital projects. At this point, it is not clear if the County administration will support this option. 2. Inclusion of Table Identifying Funding Sources for all Capital Projects in Plan. The County Administrator requested that the City include an amendment that adds a table entitled Clearwater Downtown Redevelopment Plan Capital Projects -Table Identifying Funding Sources for S: (Planning DepartmentlDOWNTOWN PLAN UPDATEIIst Amendment to Downtown P1anlMemo for the Summary Section of the Community Redevelopment Agency Downtown Plan Amendments Cover Memo.doc • all Capital Projects (copy attached as an exhibit). The Table estimates the funding sources for each project, differentiating the amount of TIF funds versus other eligible funding sources. This chart is not included in these amendments because the City Administration believes this requested level of detail is not appropriate for inclusion in a 20-year plan, but more appropriately should be reflected in the City's five-year capital improvement budget adopted annually by the City Commission. All redevelopment capital improvement projects conducted to implement the Downtown Plan must be consistent with the Capital Improvement Plan, but the City reserves the right to determine the exact amount and source of funding at the time that the project is formally initiated by its inclusion in the capital budget. The City Administration recommends that this table not be included in the Clearwater Downtown Redevelopment Plan. The Community Development Board will review the proposed amendments to the Clearwater Downtown Redevelopment Plan in its capacity as the Local Planning Agency (LPA) at its regularly scheduled meeting on November 18, 2003 and the Planning Department will report its recommendation at the November 20"' Commission meeting. S: (Planning DepartmentlDOWNTOWN PLAN UPDATEIIst Amendment to Downtown PIanlMemo for the Summary Section of the Community Redevelopment Agency Downtown Plan Amendments Cover Memo.doc ~ • • -~ P~,~_.C.I~P_~ ('C+~1vvlfSS~m1 ~,(pe'~~- -- N ;:_ . _ ~._~ ~ . _ . ~S .11,~(;~~9V~_( `~C7_CJi~v-~_U~-~,~'0~ ~'l___a~GCJ'h~S ~- I~Q-~~' c~(f-- ~V ~ ~e ~~_ _e~~t .-- -- _ _ -- Yzueui y~ ~e~rev~ - ~_~man~e_s~wnda~~S-- ~ ap~ iw CAA Yepmmarnd/.chal ~aYl_dvn_Q,~tvr~a..l~S _. ~~~~~~,eo~~ ~ ~~~~ ~ic~ TIF Bonding Issues 1. Currently expecting about $939,891 in TI revenue (including DDB of $73K which is returned to them) leaving available $867K. 2. Out of that -there is still a loan payable annual Dimmitt Loan) of $166,339 annually which has approximately $481K outstanding. 3+ years of payments remaining. 3. Administrative expenses of $200K annually plus other operational of $100K. ~~-' ~~ 4. Prospect of moving to Cleveland which will most likely increase expenses. 5. $867k less $166k loan less $300 admin/operational = $4~01_k available for projects and/or debt service ~" 6. Projected CRA increases of 7-11% in the first 9 years I fear is too optimistic - 7. Debt (level) for 15, 20, 30 years for a. $401,000/year b. $867,000/year ' 8. Increasing Debt Service for 15, 20, 30 years for projected TI 9. Problem with increasing - 30 year (and 20 year) debt upside down and City will have to contribute in early years -probably will have to for life of bond (for 15 year also) -amount unknown. 10. Results: Years _ 15 20 30 $401 K Level Debt Service 4,340,000 5,060,000 5,985,000 $867K Level Debt Service 9,375,000 10,945,000 12,940,000 Projected Tax Increment Debt Service 15,400,000 19,600,000 26,260,000 " Projected less admin/operational (est.) 10,365,000 13,715,000 19,305,000 '' '` debt upside down (too much interest in early years) f 1~b~'ru~l~i~ 'GL~i1'~td~v~'-~ ~l'L ~o ~~~ Tax Increment Projections Expanded CRA Area (Original and Gateway) 30-year Projections Original CRA Total 95% f (without DDB Expanded/ axes without Year Taxes) Gateway CRA DDB) 2AA3 $~92-9 $8 2004 $823,657 $8,165 $831,822 2005 $885,818 $16,411 $902,229 2006 $959,344 $33,069 $992,413 2007 $1,045,370 $50,060 $1,095,430 2008 $1,145,256 $76,056 $1,221,312 2009 $1,260,625 $102,832 $1,363,457 2010 $1,393,403 $121,218 $1,514,621 2011 $1,510,691 $139,972 $1,650,663 2012 $1,609,212 $154,318 $1,763,531 201 S $1,686,059 $168,880 $1,854,940 2014 $1,738,827 $183,661 $1,922,488 2015 $1,792,651 $198,663 $1,991,314 2016 $1,847,551 $213,890 $2,061,441 201 $1,903,549 $229,345 $2,132,894 ~y'~~/~/g. 2018 $1,960,667 $245,033 $2,205,699 2019 $2,018,927 $260,955 $2,279,882 2020 $2,078,353 $277,117 $2,355,469 2021 $2,138,967 $288,053 $2,427,019 2022 $2,200,793 $299,098 $2,499,891 ILQIAys. 2023 $2,263,856 $310,254 $2,574,109 __1I 2024 $2,328,180 $321,521 $2,649,701 2025 $2,393,790 $332,901 $2,726,691 2026 $2,460,713 $344,395 $2,805,108 2027 $2,528,974 $356,003 $2,884,978 2028 $2,598,601 $367,728 $2,966,329 2029 $2,669,620 $379,570 $3,049,190 2030 $2,742,059 $391,531 $3,133,590 2031 $2,815,947 $403,611 $3,219,558 2032 $2,891,313 $415,812 $3,307,125 2033 $2,968,187 $428,134 $3,396,321 Cumulative Total $58,660,962 $7,118,254 $65,779,2U1/5~, 1y N • ~~ . ,n, _ ~~~~ G ~~~ icy ~~ ~i~. i~~~~~, G~d~~ioi~~~' ummulative $831,822 $1,734,051 $2,726,464 $3,821,894 $5,043,207 $6,406,663 $7,921,284 $9, 571, 947 $11,335,478 $13,190,417 $15,112,905 $17,104,219 $19,165,660 $21.298.554 $25,784,135 $28,139,605 $30,566,624 $33,066,515 $41,017,016 $43, 822,124 $46,707,102 $49,673,431 $52,722,621 $55,856,211 $59,075,769 $62,382,894 ~~~ ~-~ ~~ ~~~ % Inc. 1 2 8% 3 10% 4 10% 5 11% 6 12% 7 11% 8 9% 9 7% 10 5% 11 4% 12 4% 13 4% 14 3% 15 3% 16 3% 17 3% 18 3% 19 3% 20 3% 21 3% 22 3% 23 3% 24 3% 25 3% 26 3% 27 3% 28 3% 29 3% 30 3% TI e rs 15 Interest Rate 0.044 y Interest Principal Balance 4,340,000 1 190,960 210,040 4,129,960 2 181,718 219,282 3,910,678 3 172,070 228,930 3,681,748 4 161,997 239,003 3,442,745 5 151,481 249,519 3,193,226 6 140,502 260,498 2,932,728 7 129,040 271,960 2,660,768 8 117,074 283,926 2,376,842 9 104,581 296,419 2,080,423 10 91,539 309,461 1,770,961 11 77,922 323,078 1,447,883 12 63,707 337,293 1,110,590 13 48,866 352,134 758,456 14 33,372 367,628 390,828 15 17,196 383,804 7,025 16 1,682,025 4,332,975 25,000,000 4,336,073 2,312,000 401,000 401,000 TIF Interest Rate .0485 0 yea s Interest Principal Balance 5,060,000 1 245,410 155,590 4,904,410 2 237,864 163,136 4,741,274 3 229,952 171,048 4,570,226 4 221,656 .179,344 4,390,882 5 212,958 188,042 4,202,839 6 203,838 197,162 4,005,677 7 194,275 206,725 3,798,952 8 184,249 216,751 3,582,202 9 173,737 227,263 3,354,938 10 162,715 238,285 3,116,653 11 151,158 249,842 2,866,811 12 139,040 261,960 2,604,851 13 126,335 274,665 2,330,186 14 113,014 287,986 2,042,200 15 99,047 301,953 1,740,247 16 84,402 316,598 1,423,649 17 69,047 331,953 1,091,696 18 52,947 348,053 743,643 19 36,067 364,933 378,710 20 18,367 382,633 (3,923) 2,956,077 5,063,923 38,000,000 5,062,458 3,010,000 401,000 401,000 TIF TIF t Interest Rate 0;0526 30 yea s Interest Principal Balance 5,985,000 1 314,811 86,189 5,898,811 2 310,277 90,723 5,808,088 3 305,505 95,495 5,712,594 4 300,482 100,518 5,612,076 5 295,195 105,805 5,506,272 6 289,630 111,370 5,394,901 7 283,772 117,228 5,277,673 8 277,606 123,394 5,154,279 9 271,115 129,885 5,024,394 10 264,283 136,717 4,887,677 11 257,092 143,908 4,743,769 12 249,522 151,478 4,592,291 13 241,555 159,445 4,432,846 14 233,168 167,832 4,265,013 15 224,340 176,660 4,088,353 16 215,047 185,953 3,902,400 17 205,266 195,734 3,706,667 18 194,971 206,029 3,500,637 19 184,134 216,866 3,283,771 20 172,726 228,274 3,055,497 21 160,719 240,281 2,815,216 22 148,080 252,920 2,562,297 23 134,777 266,223 2,296,074 24 120,773 280,227 2,015,847 25 106,034 294,966 1,720,881 26 90,518 310,482 1,410,399 27 74,187 326,813 1,083,586 28 56,997 344,003 739,582 29 38,902 362,098 377,485 30 19,856 381,144 (3,660) 6,041,340 5,988,660 401,000 70,000,000 5,985,075 4,690,000 401,000 i TIF Debt Interest Rate 0.044 15 years Interest Principal Balance 9,375,000 1 412,500 454,500 8,920,500 2 392,502 474,498 8,446,002 3 371,624 495,376 7,950,626 4 349,828 517,172 7,433,454 5 327,072 539,928 6,893,526 6 303,315 563,685 6,329,841 7 278,513 588,487 5,741,354 8 252,620 614,380 5,126,973 9 225,587 641,413 4,485,560 10 197,365 669,635 3,815,925 11 167,901 699,099 3,116,825 12 137,140 729,860 2,386,966 , 13 105,026 761,974 1,624,992 14 71,500 795,500 829,492 15 36,498 830,502 (1,010) 16 3,628,990 9,376,010 25,000,000 9,375,000 2,312,000 867,000 • 867,000 • TIF Debt Interest Rate 0.0485 20 years Interest Principal Balance 10,945,000 1 530,833 336,168 10,608,833 2 514,528 352,472 10,256,361 3 497,434 369,566 9,886,794 4 479,510 387,490 9,499,304 5 460,716 406,284 9,093,020 6 441,011 425,989 8,667,032 7 420,351 446,649 8,220,383 8 398,689 468,311 7,752,071 9 375,975 491,025 7,261,047 10 352,161 514,839 6,746,207 11 327,191 539,809 6,206,398 12 301,010 565,990 5,640,409 13 273,560 593,440 5,046,969 14 244,778 622,222 4,424,747 15 214,600 652,400 3,772,347 16 182,959 684,041 3,088,306 17 149,783 717,217 2,371,088 18 114,998 752,002 1,619,086 19 78,526 788,474 830,612 20 40,285 826,715 3,897 6,398,897 10,941,103 38, 000, 000 10, 945, 515 3,010,000 867,000 • 867,000 TIF • TIF Debt Interest Rate 0.0526 30 years Interest Principal Balance 12,940,000 1 680, 644 186, 356 12, 753, 644 2 670,842 196,158 12,557,486 3 660,524 206,476 12,351,009 4 649,663 217,337 12,133,673 5 638,231 228,769 11,904,904 6 626,198 240,802 11,664,102 7 613,532 253,468 11,410,633 8 600,199 266,801 11,143,833 9 586,166 280,834 10,862,998 10 571,394 295,606 10,567,392 11 555,845 311,155 10,256,237 12 539,478 327,522 9,928,715 13 522,250 344,750 9,583,965 14 504,117 362,883 9,221,082 15 485,029 381,971 8,839,111 16 464,937 402,063 8,437,048 17 443,789 423,211 8,013,837 18 421,528 445,472 7,568,365 19 398,096 468,904 7,099,460 20 373,432 493,568 6,605,892 21 347,470 519,530 6,086,362 22 320,143 546,857 5,539,505 23 291,378 575,622 4,963,883 24 261,100 605,900 4,357,983 25 229,230 637,770 3,720,213 26 195,683 671,317 3,048,896 27 160,372 706,628 2,342,268 28 123,203 743,797 1,598,471 29 84,080 782,920 815,551 30 42,898 824,102 (8,551) 13,061,449 12,948,551 70, 000,000 12, 940,299 4,690,000 867,000 • 867,000 • i TIF Debt Interest Rate 0.049 15 years Interest Principal Balance TIF 15,400,000 1 754,600 77,222 15,322,778 831,822 2 750,816 151,413 15,171,365 902,229 3 743,397 249,016 14,922,349 992,413 4 731,195 364,235 14,558,114 1,095,430 5 713,348 507,964 14,050,150 1,221,312 6 688,457 675,000 13,375,150 1,363,457 7 655,382 859,239 12,515,911 1,514,621 8 613,280 1,037,383 11,478,528 1,650,663 9 562,448 1,201,083 10,277,445 1,763,531 10 503,595 1,351,345 8,926,100 1,854,940 11 437,379 1,485,109 7,440,991 1,922,488 12 364,609 1,626,705 5,814,285 1,991,314 13 284,900 1,776,541 4,037,744 2,061,441 14 197,849 1,935,045 2,102,700 2,132,894 15 103,032 2,102,667 33 2,205,699 16 8,104,287 15,399,967 23,504,254 • TIF Debt 20 years Interest Rate 0.0535 • Interest Principal Balance TIF 19,600,000 1 1,048,600 (216,778) 19,816,778 831,822 2 1,060,198 (157,969) 19,974,747 902,229 3 1,068,649 (76,236) 20,050,983 992,413 4 1,072,728 22,702 20,028,280 1,095,430 5 1,071,513 149,799 19,878,481 1,221,312 6 1,063,499 299,958 19,578,523 1,363,457 7 1,047,451 467,170 19,111,353 1,514, 621 8 1,022,457 628,206 18,483,147 1,650,663 9 988,848 774,683 17,708,465 1,763,531 10 947,403 907,537 16,800,927 1,854,940 11 898,850 1,023,638 15,777,289 1,922,488 12 844,085 1,147,229 14,630,060 1,991,314 13 782,708 1,278,733 13,351,327 2,061,441 14 714,296 1,418,598 11,932,729 2,132,894 15 638,401 1,567,298 10,365,431 2,205,699 16 554,551 1,725,331 8,640,100 2,279,882 17 462,245 1,893,224 6,746,876 2,355,469 18 360,958 2,066,061 4,680,815 2,427,019 19 250,424 2,249,467 2,431,348 2,499,891 20 130,077 2,444,032 (12,684) 2,574,109 16,027,940 19,612,684 35,640,624 ,~ • TIF Debt 30 years Interest Rate 0.057 • Interest Principal Balance TIF % inc. 26,260,000 1 1,496,820 (664,998) 26,924,998 831,822 2 1,534,725 (632,496) 27,557,494 902,229 0.08 3 1,570,777 (578,364) 28,135,858 992,413 0.10 4 1,603,744 (508,314) 28,644,172 1,095,430 0.10 5 1,632,718 (411,406) 29,055,578 1,221,312 0.11 6 1,656,168 (292,711) 29,348,289 1,363,457 0.12 7 1,672,852 (158,231) 29,506,520 1,514,621 0.11 8 1,681,872 (31,209) 29,537,729 1,650,663 0.09 9 1,683,651 79,880 29,457,848 1,763,531 0.07 10 1,679,097 175,843 29,282,006 1,854,940 0.05 11 1,669,074 253,414 29,028,592 1,922,488 0.04 12 1,654,630 336,684 28,691,908 1,991,314 0.04 13 1,635,439 426,002 28,265,905 2,061,441 0.04 14 1,611,157 521,737 27,744,168 2,132,894 0.03 15 1,581,418 624,281 27,119,887 2,205,699 0.03 16 1,545,834 734,048 26,385,838 2,279,882 0.03 17 1,503,993 851,476 25,534,362 2,355,469 0.03 18 1,455,459. 971,560 24,562,802 2,427,019 0.03 19 1,400,080 1,099,811 23,462,990 2,499,891 0.03 20 1,337,390 1,236,719 22,226,272 2,574,109 0.03 21 1,266,897 1,382,804 20,843,468 2,649,701 0.03 22 1,188,078 1,538,613 19,304,855 2,726,691 0.03 23 1,100,377 1,704,731 17,600,124 2,805,108 0.03 24 1,003,207 1,881,771 15,718,353 2,884,978 0.03 25 .895,946 2,070,383 13,647,970 2,966,329 0.03 26 777,934 2,271,256 11,376,714 3,049,190 0.03 27 648,473 2,485,117 8,891,597 3,133,590 0.03 28 506,821 2,712,737 6,178,860 3,219,558 0.03 29 352,195 2,954,930 3,223,930 3,307,125 0.03 30 183,764 3,212,557 11,373 3,396,321 0.03 39,530,588 26,248,627 65,779,215 11,373 • • ~~ Clearwater MEMORANDUM TO: Ralph Stone Assistant City Manager FROM: Reginald Owens Director, Economic Development & Housing Department DATE: November 5, 2003 RE: Comparison of Florida CRA's - TIF The attached spreadsheet is a compilation of a survey conducted by the Economic Development and Housing Department this week, on how Florida Community Redevelopment Agencies are using their T1F. Staff telephoned all 140 Community Redevelopment Agencies, and was able to personally discuss TIF expenditures and activities with 35 directors or their senior staff. All of the Community Redevelopment Agencies within Pinellas County were surveyed, with the exception of Pinellas Park, which has yet to respond. Each CRA was given 17 TIE activities that had been previously identified by researching permitted TIF usage under the Florida Statutes Title XI Chapter 163. Each CRA contact was specifically asked if "they are currently, have in the past, or propose" to utilize TIF funding for thesel7 activities. The results clearly document that all of the redevelopment projects identified by the CRA of the City of Clearwater, are eligible TIF expenditures under the statute, and are routinely funded by tax increment financing throughout Florida. It should be noted, that the activity category "debt service on bonds" reflects bonds that were issued with TIF pledged as part of the repayment, and these bonds were then used for a variety of activities identified on the spreadsheet. Exhibit "A" CRA's ~ Contact ~ Telephoned Auburndale Andy StewaR (863) 965.5630 Avon Park C.B. Shlrey (863) 462.4403 Bartow Bob Weeker (863)534-0100 Bayrrorrt Palm Bay Lee Feldman (321) 952.3413 BlouMslown Jimmy Hand (850) 6745488 Boca Raton cape Coral Jorge Camejo Chet Hunt (561 { 367.7070 (239)5495615 carrabelle James Brown (660)697.2727 Casselbarry Richard Wells (407) 262-7100 Cedar Key Frances Hodges (353)6435132 Dunedin Kevin Campbell (727) 2983199 Holly H111 Joseph Forte (386)2485426 Palmeno Pensacola TonyaLukowlak Donna Prevatt (941)7234670 (850) 435.1695 Plantation Rochelle BachlM. Berkley (954) 797.26T2 Punta Gorda Sarasota Willard Beck Billy Robinson (941 { 6753302 (941) 9544169 Tallahassee Michael Parker (850 689.2067 Tampa Sam Hamilton (813)274-8796 I Winter haven Michael McMahon (663) 2915600 Boynton Beacb Doug Hutchinson 1561) 7373256 ! St. Johns County V Escambla Tom Crawford Jodie Manale (904)623.2501 (850) 6953216 t Englewood i Guirport Chris Devis Mike Konefal (941) 473-9795 (127) 893-1000 Largo Michael Stattopoulos (727)686.7490 r Mlaml Beach Alexandra Rolandelli (306) 673.7193 s Oldsmar Creg Scoville (813) 749.1103 9 Omnl, Mlaml 6 PIaM Clly t safety Harbor Alejandro Vllarello David Sollenberger Wayne Logan (306) 416-1600 (819) 6594200 (727) 724-1655 2 sE overtownlParkwesl Alejandro Vllarello (306{ 416.1800 s st. Petereburg Robert Jeflrey (727) 6513254 d Tarpon springs .5 Jacksonville Beaeh Charlie Attardo Steve LlndoA 1727)9425638 (904)247.6231 Compari son of Fl orida C RA's - TIF Exp enditure s & Act ivities Debt Service on Bonds Land Acquisition & Assembly Public Parking Garages 8 Lots Streetscapes Fagade Improvements Relocation Costs Affordable Housing Impact Fee Abatement Development Incentives (DeflneJ Cash Grants Admin. Costs PlanningSurveying Consultants Demolition Environmental Testing • Cleanup Utility InfrastruMures Community Policing Other Y N No Yes Yes Yes Yes No Nane N Yes Yes Yes Yes No No Yes es o o N No Yes No No No No None No No No No Yes No No No No o N Yes Yes Yes No Yes No Yes Yes Yes No Yes No No Yes No No o Y N Yes Yes No Yes Yes No None No Yes No Yes Yes No No No es o N No No No No No No None No No No No No No No Na No o N No No Yes No Yes No None Yes Yes Yss Yes No Yes No Yes No o Yes No Yes No Yes No Yes Yes Yes No Yes No No No Yes No Yes No Yes No Yes No Yes No No No No No Yes No Yes No None None Y N No Yes Yes Yes Yes Na None No Yes No Yes Yes Yes No No es o N Yes Yes Na No No Yes Yes Yes Yes Yes Yes No No No No No o N No Yes No No Yes No Yes No No No Yes No No No No No o N No No No No No Yes None No No No Yes Yes No No No Yes o s Y Yes Yes Yes Yes Yes Yes Yes No N Yes Yes No Yes Yes Yes Yes Yes No Yes Yes Yes No No Yes Na e No No Yes Yes Yes Yes Yes Yes o N Yes Yes No No Ne No None Yes No Yes Yes No No No No No o Y Yes No Yes Yes No No No None Yes Yes Na Yes Yes Yes Na Yes es Yes Yes Yes Yes Yes No No Yes Yes No No Yes Yes Yes Yes No None N Yes Yes Yes No Yss No None No No qo Yes No No Yes No No o N Yes Yes No No Yss No Nene Yes No No Yes No No No No No o N Yes Yes Yes No Yes No None Yes Yes No Yes Yes No No No No o Y s Yes Yes Yes Yes Yes N No Yes Yes Yes No Yes No Yes No Yes e o Y N Yes No Yes Yes Yes Yes Yes Yes None Yes No Yes Yes Yes No No Yes Yes No No No es No o No No No Yas Yes No Yes Yes Yes Yes Yes Yes No Yes No No None No No Yes No Yes No No No Yes Yes No No No No No No No No No No No No No No No No None N No Yes Yes Yes Yes No None No Yes No No No No No No No o Y N Yes Yes No Yes Yes No Nona N Yes Yes Yes No No No Yes es o o N No Yes No No Yes No None No No No Yes Na No No No No o N Yes Yes Yes Yes Yes No None Yes Yes Yes No No No Yes No No o Yes No Yes Yes No Yes Yes No Yes Yes Yes No Yes Yes No No No No No No Yes No No No No No No No No No No No Yes Yes Yes Yes Yes No Yes Na No Yes Yea Yes Yes Na No No None Yas None Y N No No Yes No No No None Yes Yes Yes Yes No Yes No N No No es No o No No Yes No No No No None Yes Yes No Yes No Yes No Yes No No No No o No No Yes Yes Yes No Yes Yes Yes Yes Yes 16 d6% 22 63% 18 46% 28 74% 17 69% 6 17% 8 29% 6 17% 13 37% 4 11% 1T 48% 28 80% 18 51% 15 43% 24 68% 9 26Ya 9 26% CRA AMNNes Statewlde.xls Date: November 3, 2003 Department of Economic Development and Housing • • J Exhibit "B" COMPARISON OF FLORIDA CRA's TIF Expenditures and Activities Other Activities: BARTOW: CEDAR KEY: PALMETTO: BOYNTON BCH: SAFETY HARBOR: Cultural Heritage Facility & Annual Heritage Summit Grant Writing Rehabilitation of Public Facilities First Station, City Hall and Library Code Enforcement Property Maintenance Promotion and Marketing Trolley Underwrite Bonds for Museum Special Events Public Art Utility Payments Chamber Sponsorship Downtown Brochure JACKSONVILLE BCH: Duval County adopted ordinance allowing for construction of a new fire station ESCAMBIA COUNTY: Utility cost for outdoor lighting and sprinkler system Development Incentives: CAPE CORAL: CASSELBERRY HOLLY HILL: PALMETTO: PUNTA GORDA: BOYNTON BEACH: Impact Fee Rebate (max $15,000) Fast Track Development Review Property Improvement Grants Property Improvement Grants Rebate of Impact and Permit Fees (case-by-case) Property Improvement Grants 50% Refund of Increment (over 10 years) o Planning Depar~ rwater Clearwater,MMFlonda 33756 Tetephone:727-562-4567 /,'~,~3-" ~ Fax:727-562-4865 ~~-Gc~iu ~3~~G~j~,~ . ~~l~o~~ -~ ~~-~/~ 1z~ G~~~G ~l.~~nia~l~Gr~r,~~ ~i,~' ~~~ ~- *Make Us Your Favorite! Planning Department www.Clearwater-fl.com/city_departments/planning cRA~s contact 7elepnDne# Comparison of Florida CRA's - TIF Expend itures & Activities DebtServieeon Bonds n Acquisition& Asseunbly Public Perking Gareges&lots Streetseepes Facade knprovements Relocation Costa ARordable Housing rensrtiona Hausing- Homeless knpactFee Abatement eve opment Incentives (Define) CashGrents AdminCosts Planning3urveying Consultants Demolition nwronmenta Testing• Cleanup Utiligr bfrestrudures Community Policing Other Auburndale Richard Reads (863)9654530 No Yes Yes Yes Yes No No No Ves Yes No No Yes Yes Yes Yes No None Avon Park C.B. Shirey (863) 452-0403 No No No No Yes No No No No No No No Yes No No No No None Bartow BDb Weaker (863) 534-0100 Yes Yes No Yes No No Yes No No No No Yes Yes Yes No Yea No Yea Bayfront Palm Bay Lee Feldman (321) 9523413 No Yes No Yes Yes No No No No Yes No Yes Yes No Yes Yea No None 81oun1stown Jimmy Hand (860) 6744488 No No No No No No No No No No No No No No No Na No None Boca Raton Jorge CamejO (561) 367.7070 Yes Yes Yes Yes Na Yes No No Yes No No No No Yes No Yes No None .Coral Chet Hunt (239) 5494615 Yes Yea Yes Yes Yes Yes No No Yes Yes Yea Yes Yes No No Yes Yes None abelle James Brown (850) 697.2727 No No No Yes No No No No No No No No No No No No No None Casselberry Richard WEIIs (407)262.7700 No Yes No Yes Yes Yes No No No Yes No No Yea Yes Yes Yes No None Cedar Key Frances Hodges (363)5434132 Yes Yes Yes Yes No No No No No No No Yes Yes No Na No Yea Yea Holly Hill Joseph Forte (386) 2469425 No No No Yes Yes No No No No Yes No No No No No No Yea None Palmetto Larry BUStle (941) 7234570 No Yes No Yes Yea No Yes No No Yes Yea Yes Yes Yes Yes Yea Yes Yes Pensacola Jennifer Fleming (850)435.1695 No Yea Yes Yes Yea Yes Yes No No No No No Yes Yes Yes Yes Yes Yea Plantation Marcia Berkley (954) 797.2622 Yea No Yes Yea No No No No No No No Yss ~ Yea No N No No None PuntaGorda Willard Beck (941)6753302 Yea Yes No Yes Yea Yes No No Yes Yes Yes No Yes Yes No No No None Saresota Bllly Robinson (941) 9544169 Yes Yes Yes Yee Yea No No No Yes Yes No No Yes Yes Yes Yee No None Tallahassee Michael Parker (850)8891.2067 No No No Yea No No Yes No No No No Yea Yea Yes No Yes No None Tampa Sam Himilton (813) 2748795 Yes No No Yea No No No No No No No Yea Yes No No Yea No None Winterheven Michael McMahon (863)2914600 Yes Yes No Yea Yes No No No No No No Yes Yea Yes na Yea No None Boynton Beach . Doug HUtthINSOn (561) 7373256 No No Yes Yea Yea No Yes No . No Yes No Yes Yea Yes Yes Yee Yea Yes St Johns County Tam Crawford (904) 823.2501 Yes Yes Yes No Yee Ne Yes No No Yes No Yes Yea Yes Yes Yee Yes None Escambia Jodie Manale (850)5953216 No Yes No Yes No No No No No No No Yes Yes No Yes Yea Yes Yes Englewood Chr15 DaVk (941) 4739795 No Yes Yes No Yes No No No No No No Yea Yes No Yes Ne No None Gulfport Robert Lee (727)893.1000 No No No No Yea No No No No No No No No No No Ns Na None Michael StaffopoUlos (727)586.7490 No Yes No No No Na No No No No No No Yes Yes Yes Yee No None iBeach Alexandra Rolandelli (305)673.7193 No Yes Yes Yes No No No No Yes Yes No Yea Yes No Yes Yea No None Oldsmar Bruce Haddock (813)749.1103 No No No Yes No No No No No ~ No No No Yes No No Yea No None Omni, Niami Alejandro Vilarello (305) 416.1800 Yes Yes Yea No No No Yes No No No No Yes Yes Yes Yes Yea No None PIanlCiry D3Vid SOllenbergef (813)6594200 Yes Yes Yes Yes Yes No No No No No No No Yea Yes No Yea No None Safety Harbor Wayne Logan (727) 7241555 No No No Yes Yes No Na No No No No No Yes No No Yea No Yes SE OvertowNPark West Alejandro Vilarello (305)416.1600 Yes Yes Yea No No No Yes No No No No Yes Yes Yes Yes Yee No None St Petersburg Robert Jeffrey (727) 5513254 Yes Yes No No No Yes No No No Na No No No No No No No None Date: November 3.2003 DeparMerd of Economc Development Hausing CRA artivifies stateside.us COMPARISON OF FLORIDA CRA's TIF Expenditures and Activities Other Activities: BARTOW: Cultural Heritage Facility & Annual Heritage Summit Grant Writing CEDAR KEY: Rehabilitation of Public Facilities First Station, City Hall and Library PALMETTO: Code Enforcement Property Maintenance Promotion and Marketing BOYNTON BCH: Trolley Underwrite Bonds for Museum SAFETY HARBOR: Special Events Public Art Utility Payments Chamber Sponsorship Downtown Brochure Development Incentives: CAPE CORAL: Impact Fee Rebate (max $15,000) CASSELBERRY Fast Track Development Review Property Improvement Grants HOLLY HILL: Property Improvement Grants PALMETTO: Rebate of Impact and Permit Fees (case-by-case) PUNTA GORDA: Property Improvement Grants BOYNTON BEACH: 50% Refund of Increment (over 10 years) • • ~ ~; Clayton, Gina From: Campos, Geraldine Sent: Wednesday, November 05, 2003 9:19 AM To: Tarapani, Cyndi Cc: Clayton, Gina; Owens, Reginald W. Subject: RE: Downtown Plan Amendments Hi Cyndi: t ~~ Reg and I have reviewed the amendments and have the following minor comments: • Page 10 under Downtown Land Acquisition, line 4, delete space between under-performing _ n • Page 10 under Downtown Land Acquisition, 2nd pars, line 3 replace an with "a" suburban office campus ~ /yj~ • Page 11 under Stein Mart Lease Buyout, 2nd pars, line 1 replace will with :fit-' ~--(( Thanks, Geri ~~ v - -----Original Message----- ` From: Owens, Reginald W. Sent: Wednesday, November 05, 2003 8:36 AM To: Campos, Geraldine Subject: FW: Downtown Plan Amendments Importance: High Geri -please review this morning (early) and send back to Cyndi -Ralph has reviewed it and is o.k. with it -----Original Message----- From: Tarapani, Cyndi Sent: Tuesday, November 04, 2003 2:10 PM To: Horne, Bill; Brumback, Garry; Stone, Ralph; Akin, Pam; Simmons, Margie; Wilson, Tina; Arasteh, Mahshid; Owens, Reginald W.; Matthews, Douglas E. Cc: Clayton, Gina Subject: Downtown Plan Amendments Importance: High Please find attached the draft of the Downtown Plan Amendments to be submitted to the County. As I mentioned in the Strategy meeting today, we have made some changes in the TIF program areas to provide flexibility for use of these funds. In addition, we broadened the movie theater location to be within the Downtown area as a whole-as allowed bythe appropriate character district and therefore, have made a change in the Town Lake Business District to allow a theater. Please respond immediately but no later than Thursday, November 6 at noon to Gina and me with your comments or revisions. Even if you don't have any corrections, please respond that the draft is ok to you. If you have a major problem, please call one of us ASAP so we can work out any concerns. Upon finalization of the amendments, we will send all a copy and prepare the staff report. I appreciate your quick turnaround due to the abbreviated schedule to which we have committed. Reg-I still need your responses to the 2 questions from yesterdays e-mail. Thanks in advance for your quick review. «File: Exhibit A of Downtown Amendment Ordinance.doc » Cyndi Tarapani Planning Director (727562-4547 ctarapan@ Clearwater-fl.com