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DRB96010
DRB 96010 33 Garden Ave N Downtown Clearwater Tower L TD BAY 1 \ . , I Park Lake Projects Nos. 10, 11, 12A & 12B Proiect Description: LAKE RESIDENTIAL HIGH LAKE RESIDENTIAL MEDIUM DREW ANCHOR/RESIDENTIAL SUPPORT-GROCERY STORE DREW RESIDENTIAL LOW Residential neighborhoods created m area around Park Lake Replaces area of blight with attractIVe tree-lmed streets Estabhshes commercial anchor and reSidential support retail grocery store Development Goals: . Reestabhsh tn-town neighborhoods . Bnng populatIOn back to commercial town center . Contmue reSidential growth in "built-out" Pmellas County by turnmg to mfill usmg eXlstmg service mfrastructure . ProVIde support shoppmg for new and eXlstmg m-town neighborhoods Stratee:ies: . Private developments . Need CRA assistance m land assemblage and acqUIsitIOn . Use low and moderate mcome finance programs · Dedicate fundmg sources to Sidewalks, landscape, street hghtmg, etc so that developer has eqUIvalent of ready-to-bUlld subdiVISion lots Issues: . Lake resldenttal to occur after lake IS completed . Displace some eXlstmg commercial uses . Promote Cleveland Street contlnmty through "outparcel" development <:. Proiect Proe:rammine:: · CRA Master Plan to communicate opportunity to development commumty . eRA Implements Infrastructure Improvements . CRA to share In grocery store land acqmsltIon costs With CNHS CDe Development Impacts: Uses ReSidential, grocery store/neighborhood commercial Value $26,000,000 - 420 units @ $50,000 plus $5 rmllion grocery store " .' ,I, /' " Il'; ~ " ~ ~ - , , ' I" 'l-~ '" ',' ) ~ ""t ~ ,j - " :;. / " " , c ;1 '\ , , - , , ' / " J' " , ' 3 n (,fl 0. 3 PJ ~ Vl ('J :3 ;:0;-'0 o - ~ (tl PJ 0. Vl ;:T-3 (lJ ::; ,....., Vl '85 n Vl ""l 0. (tl 0 v (tl 0 0 .....0 'J ;:T g '" 8.. 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Best COpy P1aeAvailab'e ' (c) (d) Any not..for~profit corporation, institution, organization. or other entity, Cenified Local Governments or any local government which has submitted an application to this office by January 3 1, 1996 which meets all of the criteria for certificatIon set forth in the Florida Certified Local Government Guidelines Churches and church-related organizations are eligible to apply for grant-tn-aid assi5tance However, ehgible development activities involving religiOus structures are limited to ex.terior activities and only those interior activities wruch are essential to the preservation of the structural integnty of the structures, The want funds will be avwlable to support both Acquisition and Development and Survey and platuiing activities These grant categories are' AequilitioD and Development projects include acquiaition, preservation, protection, restorationl rehabilitation and stabilization of historical W1d archaeological sites, also the investlgation of archaeological sites, and the taking of photographs, and the preparation of measured draWings and such other records as are necessary to record historical and archaeological sites and properties threatened with damage or destruction; and planning for eh8ible AcqUISItion and Development activities, such as the preparation of plans and ~itications Survey and Planning activities include survey and evaluation of histoncal and archaeological sites, preparation of data for and the actual listing or registering of historical and archaeological sites in the Florida Site File or the National Register of Historic Places; preparation of long- range Iustonc preservation and management plans for historical and archaeological sites, development of automated information systems to facilitate the recording of site data or to facilitate the management of informatiOn on other subjects pertwning to hIstone preservation, community education and commuruty relations project$ promotin, the preservation of historical and archaeological sites In general~ research to study the effectiveness and results of historic preservation programs, methods and techniques; research of historical documents for the purpose of documenting and evaluating the significance of histoncal and archaeological sites; and use of staff or a private consultant hired through appropriate procurement standards to organize a Certified Local Government program or its components Other activitIes may also be eligible for grant assistance If you have a question about the eligibility of 8 project or work element) please call the Bureau ~NER~i PRIORITIES Special Consideration for Development of an Electronic Mail System, The DiVISion of HistoncaJ Resources IS requestin~ applications from not-for-profit organizations whose pnlJUlry purpose IS the protectIon of Flonda's historic structures and archaeological sites for the development of a network connectmg these organizations and the Division thtough an electronic mail system Funding wtlJ be provided in the fonn of matching grants for the purchase of both hardware and software for the interconnecting system The Division reserves the right to ~~i~ COd l7'J: V 0 V 6 0 '3 6 '0 ']: '0 ']: Pile 4 Best Copy Available , ~ 11 '{ 'I 4, 5 General pubbcations about preservation, Self..guidcd tours ofhi_torie areas, E. AcquisitIon and Development Priorities 1 Assistance for stabilization or other appropriate preservation treatments for properties which are in imminent danger of being lost due to physical deterioration or planned development. Assistance in the development of plans for the restoration or rchabilitation of properties, particularfy those whieh will be placed in pUblic use Assistance in the restoration and rehabilitation of properties for whieh appropriate preservation p1anninS is complete or we[ underway, particularly those which will be placed in pubUc use Assistance for restoration or rehabilitation projects which will yield technical iMovatioDl which will have application in other projects. ApplicatIons for all types of eligible projects are earnestly solicited and encour~ed and will be given equal consideration and judged on their merits acc:ording to the criteria In Section lA- 35.008(4), Florida Admini..trative Codc. 2 3, 4 ~ In the case of the special project ateas listed below, the Historic Preservation Advisory Council may w.e,ive matching requirements. The Council also tetel'\'es the right to decline to fund any applications in these areas if, in the judgement of the Bureau and the Council, the goals of these ... would not be met. Maba Street M This funding would conslst of non..matchins granta to national and statewide organizations whose primary missions are the promotion of downtown redevelopment to assist the administration and provision oftechnica1 aSSistance within the Florida Main Street Program, Funding would also include 510.000 ~ants for local technical assistance and projects for newly~ H1ected Florida Main Street communIties I The above special projects are the only potential non~matching grants anticipated AU other funding will be awarded in the fonn of 50/50 matehin~ grants, That is. funds will be given to support up to 50% of the cost of an eligible project, Wlth the other 50% to be provided by the grant recipIent (grantee) in the form of cash or allowable inMkind ,and donated services with a lJPIdfied Cash value In computing grant match, please note that. while direct administrative costs for conducting grant activities will be considered allowable expenditures. indrrect administrative charg~ or overhead, will not. In valuing in..kind and donated services, please be sure to use . value that reflects a typical fair market value you would pay if you were purchasin~ such services, Also, please be aware that you may not use expenditures of any kind made pnor to the grant period as part of your match. r vOd l'~V 0 v 60 96 0 1: 0 1:' - i {' -. ~ l .' Best Copy c , F " '/ ~ I Available ~' '- f "f f, , ^' i. Strate~ic Program #4: Concentrate on holiday lighting of build1ngs and window decoration, prov1ding consultation and mat.erials to all J.nterested property owners/bu61n@s6 owners' Extend tree plantings up Cl~veland Street. These are the only two of the thJ.rteen points wh~ch aren't really covered in the above three programs. These are both seasonal and it may already be too late for the f1rst one to be ~ucces8ful, as we are well into the holiday season already. The second one can be done at the appropriate t1me of year, (sprlog I would guess), but 1t seems l~ke something the eRA or the City 1tself should be dOl-fig. -------------------~--------------------~-----~--------~------------- An ldeal scene for this committee WQuld be that we are creating or helping to ceate a more beautiful and aest.het~c downtown area. J.n which businesses can flou~~sh and people are attr3cted to do bU5~n@S5 here. (There could be more than one ideal scene as well.) Statistics: Th~s would include something we can count that measureS our achievements and our products. It may be separate statistics for each program, but t:.he overall st<ltistics should measure the number of bulld1ngs actually renovated or 1wproved by the end of the year. Valuable F~nal Products: These are bU11dines Wh1Ch are enhanced or 1mproved in appearance, as well as the number of property owners who are actively t.;l.king part in ~mproV1ng the appearance of their buildings. It would also ~nclude a des~gn COW81ttee wh1ch 15 act~vely contributing to the enhancement of the aesthetics of downtown by ~ts act1ons, and the goal achiev@d of 10 o~ 10% of the downtown redevelopment area buildings actually being 1mproved. " , ,,'" <- , ~ 4 ~- ~ , L ~ ~~ ,,' I, 'r 1 , '~l il I., , ! ~r , ~1. I ~~ ; < ~' , I, , 'f/ ~. , , I " , ~ , , P,' , if I ",/1- [ '~ ,~ " " ;j< , 'f ,~'" ~ j, )., o' '\ . t l' , 1 ~ r i, " .../ (- J " -~ Strate~~c PrORram #2: Conduc~ a aurvey to research why people don't renvoate. This could be comb1ned with a few other items such as: personal contact with owners of Pl':'operties "Most 1n Need" to see what incent1ves would cause them to renovate thel.r propert1es. and evaluat3.ng the effeci tveness of the presen t DesIgn Gran t program, compar J.ng it wi th other cities. l.dent i fy sources of fund1ng, making recoDlmendations for Chang1ug or cont:I.nU1ng. ete. Included ln this proeram can be deterul1oation l.f seed money for a design resoU~ce 1S needed; If matchlng grants for a sign program would be needed to e~t owners to lm~roVe their aisnase; Or if a des1gn contest for banners, bU1ldlns fronts, w~ndows, etc. would be an effectjve incentive to get some action on the part of store owne~s!tenants, etc. Also, publicat10n and promot~on of whatever design incent~ves are found should be a part of the program. A. Program Purpose: to deterrnUne effective incent~ve5 and resources for renovat- ing downtown redevelopment area buildings, so that more property owners/tenants are encourag@d to Lmprove the way thelr storefronts look, and to make sure they can obtain, and then make them aware that they can get sufficlent lncentives/ resources to h@lp them do so. B. Pro~r~ Ste~s: 1) Name one person to coordinate the program. (nu,s can be the committee Cha1rperson, or a deputy whom she appoints to rUn the program.) 2) Cet .a s1.lrvey desl.gned which addresses the owners/tenants reasons for l.mprovlng or not improvlng the way their storefront looks I and resources they feel they r need to encourage them to do so. " , " , , i i. ,; t j- j -' r , i I ~ 3) Get a team of volunteer surveyors, and call the property owners/tenants and get them to answer the questionnaire, or go see them, if they are here and ask them the qllestJ.ons in person. Concentrate on reaching owners of the "most in need" bu~ldlngS so that we ean determine what would get these owners mot~vated to do something about the appearance of their buildings. 4) Get the Surveys tabulated and enaly~ed, and present the results at next committee m@et~n8 after they are completed. 5) As, th1s survey is be4ng conducted, also research into other clties to see what effective incentives they have used to improve their downtown appearance and See if similar resources, Sources of funds, ete. are available to our , property Owners. 6) Decide as a committee which would be tp@ best incentives to get the property owners motivated, based on the survey results, and pursue types of funding or other resources WhlCh would faeil~tate getting their bu~ldings renovated, or the appearance upgraded, at least, as identl.fied in steps 3, 4 and 5, above. 7) ObtaLn or help the property owners to know how to obta~n appropriate sources of funding, and get media cove~age of them, also featuring those property owners who are taking actIon to improve the appearance of the~r buildings. , 8) Once the appropr~ate fundLng Sources Bre truly avsl1able to prope~ty owners, make them knon~ via Press Releases, articles, fliers, etc. 1""\ .. ~ , ,\ ~ t I ~" C~ \ ~' 1 ,"- ~ j~~ '" ~- r j ,l '1, .1 " +813441328.2 En 1 1'3 IIHRI<ET RE'3ERPC 829 P02 DEC 1.2 '95 18 43 '" ) 5 Design Committee Program for 1996 ~: The Commlttee's goal is to aid in the enhancement of the aesthetics of downtown Clea~ater. Speclfically. th1S committee has the goal to improve the looks of 10 (or 10%) of the buildings in the redevelopment district th1S year. Purpose: The purpos~ of th1S program is to make this commlttee1s impact as cost- effect'lve as. 1t can be, wh11e achieving the goal. Also, a secondary purpose 1$ to draw the necessary resources into the group as needed to achieve its purposes. Policy: The pol1cy of the committee is governed by the laws of the St~te of Florida, the C~ty of Clearwater, and the policies of the member groups lncluding the DDB, DCA, eRA, etc. Pro~ram5: Our programs for 1996 are intended to achieve our goals and purposes by the most economical and sffJ.cJ.ent use of our resources and in a priorJ.tr that wlll achieve the goal. F~rstj the priority of the 13 1tems given to the Design Committee as suggestlons should be set Many of the items were desired by the committee at its last meeting, and several members felt that all the 1tems were neces&ary functions of th1s group. However, a pr1or1ti~ing of the items needs to be achieved, and 10 a sequence that wdl IIlBke sense, and also give the COllllJu.ttee reahstic targets that can be accomplished so the committee mambers reali~e their success. Here are several strateg1c programs which can be implemented and combine various pOints from the original 13 listed by Ms. Hackett. 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'" 0 " <;:l , ;; >CL._ '0 .:-ng ~ 0; n, = '" :E o 2't::l ::: ~ c 9 5 , 23::r ~ a2;n~ !"" ~ n J: '" g o 0 ' I<l a. ~~[~ ~ S~~s a ~ ~5o;t ~~~~ ~-()s p;::l ::r C" -2~~ ~ g. 3 ~J~~ o !::5 ~ 8 gJ 8 ~~@~8~~0' &-g,[ ~ J ~ ~ I ~ ~ ;:t C ~ ;S ~ ~ ~ ~ IV a "Q fll ~ ~ ~ ~ 2: e f$J t'Il (6) i ~~ Ji ~ ~ I "- i .Ii' -)- 111.40' 1"=:;80' I" _ 100 I 1"-120' Approximat 1! feet wide 6 feet wide 5 feet ,,ride 4 feet wide e Buc Size by 27 feet by 13 [et!L b} 11 feet by 9 ft:'et long of Model of long long: long Entire Downtown Plan A 1600' long 40" 20" 16" 13" Downtown Block would I be: 430' 10-3/4" 5.318 I 4-218 " 3-1/2" proposed Rome Tower would be: 153' Barnett 3.7/8" 1-7/8' 1-1/1" 1-1/4" Tower W QuId Be: Estimated S54,408 $10,8S2 55,804 54,030 I Labor Cost Estimated $8,281 51,656 $795 S-~? "... Material Cost , .10% USF $6,289 51,254 $660 $458 DSR required overht:.w Total Cost 568.958 $13,792 S7.258 $',041 Estimate 26 18 12 8 Time in Wcelu JUNE 26, 1996 .. - , I 1/ / / . ..,) r1J 'f r,;"..o=. c.;':7.J I ~1o..I1' .a..... .....,..... .I.. ,JJ' ~ I FLORIDA CENTER rOR COMMUNITY DESIGN + RESEARCH Monday, July OS. 1996 Judi Hackett Downtown Development Boud 128 North Osceola. Cle"rwater, FL 24615 re: Startin5 Wark Dear Jud.1, I trust you found OUf meetmg of July 3rd as helpful a~ I did I now have a better understanding of your needs to create toools that wIll help illustrate and educate offu::la1s and the public about the unfoldmg plaIt for Downtown Clearwater. I think the (ollowing proposal is along-:he lines of what we disc\lssed Our product will COnsIst of twO parts a smaller model that will give a broad feel for the plan thus far and a correspondmg set of drawings to help lllusrrate the potential character of possible redevelopmen~ We feel that this combmatlOn offers the best opportunity, wlthin the restraints of your hudget, to achIeve the goal or helping the decison making process. The first part w111 he either a keyed map or modell. We will, wIthm the first few weeks of m,rtinsJpresent to you several dJ.fferent approaches to ~elect from, 1 suggl::rt that you should Uiclude one non-design person to get feedb;;,ck from The four .uternatives will be; Alternative 1. A foam model at a !>cale ot 1 mch=200 feet ThiS would allow uS to model the entire redevelopment dmnct in a mod~l 3 feer WIde by 6 feet long As we discussed the model must be modifiable and most blocks would be removable-especially the mann:.!. and proposed lake. Each of the 1M study areas WIll h;1ve a predt!vdopm.ent module and a pu:>l redevelopment module Each redevelopment area wL11 be keyed to correspondmg sketches The model would be built in sections capable of bemg transported 1fi a city van. It most likely WIll made out of high densIty foam or chipboard pamlcd ,I maxunum of three to five colors The price does not include a plastiC maud cover. Alternative 2. This will be similar to above but built upon a base of a color aerial photograph. Alternative 3. ThiS wIll be a color phOtograph with a. post development overlay. Alterna.tive 4. This wlll be two color photogra.ph~ With before and after overlays, The next pan: of the project will COnsist of chara.cter sketches of the 18 redevelopment project areas. Each area wlll get a mImmum of two persp~l.live sketches (one "before" and one "after") drawn to suggest the possible character of the redevelopment. If the budget penn1ts we 3702 SPECTRUM: B01;LEVARD · TAMPA, FLORIDA · 33612 PHONE' (813) 974-4042 . FAX' (813) 974-6023.E-MAIL' MARSH@ARCH USF.EDU -\ I / .J HI "I-I::::);:::: .- I:::.J~ I ~UI "1 J..J j -''-' A 1.1 -2- JULY 8,1996 will driw some schematic before and af~er pl.l.1lS We wLll also ensure that height issues and marina development will be addressed, If the model is to be bUIlt this year we muSt move quickly ta secure the needed model makers and space this summer. All I will really need from you is (1) a letter of commitment detailing the size,lic.ue, agreed upon datel:1nd fixed pnce of the contr;tct; and (2) :a letter Statlng that It is your organizations policy that you will not pay more than 10% ovt!rhead m;l.Xll11Um Alex Ratensky of the School of Architectule is subsidizing part of the cost in the form of additional paid student help, my time, and space to a~semble the model. The cost of his contribution is over $6,000 (S2,000+ for my tlmel S,j,OOO+ for the paid stUdent, and $400 for space and incidentals). As I wrote In the previous letter the cost is 57,258 and will take 120 days fromthe start date of the contract. ThiS price aSsumes that the Center 1S provided us free pnnts, engineering files, and calor aerials. I believe that the Florida. Center \\-lIt create a presentation that will excite, educate, and stunulate the pubUc about the Downtown Plan I look forward to our future collaboration, Lv John W M;trsh Interim Director ~ COMMUNITY REDEVELOPMENT AGENCY WALK-THRU SURVEY HOMES Dunng the Infonnal walk-thru, businesses and homes were Judged to be rn Good (Well Malntamed), Average (Good) and Poor (Needs Work) condItions Extenor Condition of Structure Good 24 Average 20 Poor 10 Exterior Conditions Poor 19% a Goad 8iIIl ~~ I!I Average Average [J Poor 37% Extenor Paint Good 24 Average 23 Poor 7 Exterior Paint Poor 13% ClGood ..Good Ii! Average 44% Average DPoor 43% Landscaping Good 24 Average 23 Poor 7 Landscaping Poor 13% a Good .,. ~~ II A vera ge Average [J Poor 43% Parking Areas Good 27 Average 20 Poor 7 Parking Area Poor 13% [] Good Average ~ Good II Average 37% 50% o POOf Code Violations 4 Ex Overgrowth and Abandoned Vechlcle Page 2 COMMUNITY REDEVELOPMENT AGENCY WALK~THRU SURVEY BUSINESSES Dunng the Informal walk-thru, businesses and homes were Judged to be In Good (Well Malntamed), Average (Good) and Poor (Needs Work) condItions Extenor Condition of Structure Good 127 Average 141 Poor 48 Total 316 Exterior Conditions Poor 15% Good ~40% Average 45% Exteqor Pamt Good 117 Average 126 Poor 73 Total 316 Exterior Paint Poor 23% Good 37% Average 40% Landscaping Poor Good 15% 28% Landscapmg. Good 67 Average 139 Poor 36 Total 242 Average 57% c:lGood III Average o Poor CGood mAverage o Poor o Good I!IIAverage o Poor - ~ - ---.....----.. --- ~ - -~- Parking Area. Good 70 Average 119 Poor 53 Total 242 Parking Area Poor Good 22% 29% a Good .. o Average o Poor Average 49% ~Seventy-four busmesses m the downtown area did not have landscaping or a parking area for our survey reviewer evaluation Code VIolatIOns 7 Ex Banners, Portable Signs, Overgrowth, No Address Numbenng and Debns Page 1 MEMORANDUM COPIES TO COMMISSION JUN 07 1996 TO: Mayor and CIty Commissioners -- FROM: Kathy S. Rice, Deputy City Manager COPIES: Downtown Development Board Betty Deptula, CIty Manager Alan Ferri, Economic Development Director Lt. Jeff Kronschnabl, Community Response SUBJECT: CRA Walk- Thru Survey DA TE: June 7, 1996 We were asked to have Community Response do a walk-thru survey of busmesses and homes 1Il the CRA area Attached IS a brief summary of that information. Attachment Eh~ K. Wmters O>anp....."" DaVId Stone ~ Ronald M RIcardo r..4SV'I">" RIchard R. "Buu- Dand DWlght Mau,.,ny Glenn T Warren Roger W Woodruff Jud1 Hackett c......u1l.:.nl , d)~ (}~ DOWNTOWN DEVELOPMENT BOARD June 20, 1996 TO: Government Liaison Committee Members FR: Judi Hackett RE: REMINDER: Friday, June 28, 1996 8:00 AM Florida Power Meeting Room AGENDA L Review plans for IILet's Talk About It Meetingsll Task Force Members: Margaret Hyde, sandy Glatthorn, Vlckie Crouch, Glenn Warren 2. Bllght ln downtown Clearwater - How big a problem is this? - What can be done about it? - Pros & cons of property maintenance standards Thanks to Sandy Glatthorn, we have knowledgeable representatives from the city's Communlty Response Team and Central Permltting staff Joining us for this dlSCUSSlon. Please take a look around the downtown area before our meetlng, jotting down the addresses of any properties you consider to be below acceptable standards, and the reason(s) why. 3 . other business 4. AdJourn o ~@~D\1'7~ POBox 1225 D Clearwater, FL 34617 D (813) 461-0011 exl 231 ~ .........,.---- I .,' /" t "j , , . ,~/ ' 'v" .r ~'ll/ ,/' ,-\' f . ~ f 1 J t !' r l, I t } I I , ~ '1-1 - I , I I ~ ,i'" .\1 I I I I I II I I I I ~ I -A \ I I I I I I I I I I I ;1~ .~ ,.>>.' l'- I II 1 .. J ", 't"'~ -- . ~ ..!II , I ... ; '. I I II JII " I l I: jl I , I I I I ,.r' I I I I I' I : \ I - II ~ i ,hr ~fl~.i (LR~ ,If?' t Robert J. Banks Chairman El ~==- ---- =- The onicers and employees of the Midland Companies have endeavored over the years to create a group of inten-elated companies providing both debt and equity financing for real estate developers, while also providing the maximum return with a minimum of risk for our many investors. We strive to maintain the highest professional and ethical standards while operating as concerned business people in an industry that has historically heen dominated by large financial institutions that operate in a bureaucratic and impersonal fashion. We are service oriented, privately held and operate as a family wilh lhe main objective being customer satisfaction for both clienls and inveslors. - - - - Midland's history is a record of anlicipaling and responding lO the ever changing needs of a growing and diverse group of clients and investors. We have consistently been very profitable for over 15 years, and are pleased with the facl that we have melhodically grown to provide wider- ranging financial services for cI ients and inveslors. Our goals are all long term in nalure and we consider ourselves lo be in the "relationship business." This brochure was designed to give lhe reader a general idea of who the Midland Companies are and what we do. We are very proud of our organization and think that it shows in lhe quality of work and service that we provide. Thank you. PIIgt' 1 <.:::; - ~ ~ :::l ::. '"'" ..., '" '"' ~. ~:..:: -.. "'~ rr'<l '" N :=:, ~ ~ ~ .... ;::.. .... "'l I :=:, C I:::- ~ :4. ~ ~ ~ ... ;; "'l I ~ -. So ~ C"l ~ ~ ~ - ~ ~ V:l V:l V:l ~. ~ \::l ~. ;:.;: ~ ;:.;: 00 ~. ~ ~ ~ ~ '< ~ ~ ;:.;: ~ '-. ~ ~ ~ ~ ~ ~ ~ ~ '-. ~ ~ ~ C) ~ ;:.;: ~ V:l ~ ~ ~. ~ ~ 00 ~ V:l ~ ~ ~~ ~ ~ V:l ~ ~ ~ ~ ~ '-. ~ ~ ~~ ~ ~ V:l ~ V:l ~. ~ ~ ~ ~ ~ ~ V:l ~ ;:.;: \J'"" ~ '"\::s V:l 00 ~~ ~ ~. ~ s. V:l ~ ~~ ~ ~ ~ ;:.;: s. ~. '"" ~ ~ \::l ~ ;:.;: ~ ~ ~ ~ ~ ~ ~ 00 '" ~ ~ ~. ~ ~ -.. ~ ~ V:l v, ~ ~ ~ ~ ~ ~ 00 ~ ~. """: ~ ~ ~. ~ ~ ;:.;: ~ ~~~ ~ ~~ ~ ~ ~ \::l ~ \::l ;:.;: ~ ~ ~ V:l o \::l ~ ~ \::l ;:.;: ;:.;: V:l ~ ~ ~ \::l ~ o ~ ~ ~. 00 ~ tr;:, o -... ~ ~ ~ ~ ~ ~ 00 00 C3 ~ ~ -.. ~. ;:.;: ~ ~~~ \::l ~ s. ~. ~ '-. -... 00 V:l ~ ~ ~ -.. ~ ~ ~ ~. ~ ~ ~ ~. ;:.;: , ie" = :' (") ... ~ ..... ~ ~' : -. ';;:: ~ '" ~ ~ r: , i 1,'7r,;rrn 'L jL;~ ,1,{, fpital Corporation 'ffir~t~ . ...~.~ "-<; ~ I~' .. ./:;. Midland Capital Corporation (MCC) provides equity loans for real estate developers operating within select government programs. MCC assists developers in meeting their equity requirements for specific projects. In addition to handling these equity needs, MCC provides capital for real estate limited partnerships through the hypothecation of the investor promissory notes generated by these partnerships. This note financing enables the partnerships to operate more efficiently and economically. Page 3 .. .... I ::.0 '" ~. 0'0 -. -. it ~ :::;- "> .... - '" rr.: .... ~ ~ ~ .... ~ ::::.. ~ ':-; ;:;:. 0<; "' ~ =:tl 0;; " .... u, ~ .. .. __....~.Ji ~. - I ..---\. .,. n3: o _. 3 0- '0 - ~ ~ ::l = (S . 0- [Jl 3: ""0 ::l""1 - Vlae (") ~ oae :::l l'l> ~:tl-o _ p.:: ~ ~ :: n :::l ,~ ~ :r. (") --. l'l> :::l ?' ~ 3:0Q ::;; 3 3:0'~ l'l> ~ ....." _. :s 03. - :::l (j =:. 0 (l) "1 0."0 5' ~ (1) ~ ><: - (") _. (1) 0 [Jl = [Jl o ~, ...,.,3: g 3: "'-= 0" ....., ~ );> 25'T!"" :::l 5 @ 0 "" (") g: (") 5 '" (5' ~ g.~3:~ ..., C Po:: ::3 ::l"~~~ '" ...,. 'T! 'T! '< ~. . ~' :::l ~_' ~ -.J :r.' ...... ..., -, ::;:: :::l ~ ~ CD (C'-5 Vi8~3:-g ::c3[Jl~~ 0'O~"-'(1) 35n~0. 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(ll Vl :::l -c-<3"1:::l(r.< ,"",<(1) (l)~ o~, 3~(1)(Jq ....., <: Vl ::l 0.. (1) (l) ~ p:l (ll r.r. ;:l ........ _::l ;:l 0" n ::.l 1i ...... '< (C. ~ ~ ;-1 :=: '0 ;n (1) :::l -I ..., (1) (ll.3: ~ 0 ~ 3: :::l $. g _(')0.'7 a ~ 5' S' ,;;", :E :::l (Jq (Jq );> ::l'" 0. ..... 0" ::c n' ::r ::l sa 0 ::r(1)~::l"-3 ::r"'1 (1) (1) '""l 0 (1),< O"n '< - (1) 0.. -< (l) '""l '" ...... ::l'" (1) [Jl (1) {;' ~ .... t: @ :3 Vl ::l n ~ @ ...... e :::l (1)(JQ ""'0 ::l""1 (1) 0 $. 0. (l) :;j o -<::l _, (l) :::l,< (Jq 3 0" (l)'< I " I I I ~, ~' ;: ~ ~ i ~ ~ ~ ~ ~ ~ ~ ~. ....... , :;:", ' ,.~.., i Lending Program for "Stand Alone" Tax Credit Projects As a privately held company, MMI can make a financing decision quickly, without the bureaucratic red tape and tiers of loan committees that may be experienced at a commercial banking institution. Simply put, MMI understands the LIHTC Program and the complex issues related to necessary debt financing. As a result MMI helps developers bring affordable multifamily housing to fmition within the time constraints imposed by the tax credit allocating agencies. With the advent of Low Income Housing Tax Credits (LIHTC), MMI has been a leader in providing construction and, more recently, permanent financing for affordable multifamily developments. With MMI's ability to provide conventional construction and permanent financing, developers can qualify their projects for the conventional LIHTC, which, in many cases, will make an otherwise unfeasible project economically sound. MMI is the nation's leading lender in affordable multifamily housing. MMI has the ability to provide a developer with construction, or construction and permanent financing quickly, efficiently and effectively thereby fulfilling the need for "socially conscious" housing. MMI offers this financing program for LIHTC projects on a national basis, and has the ability to provide this financing in an expeditious manner. The shaded areas of the map denote the 45 stlltes ill which Midland hilS provided either equity or debt.finallcing. " :-~ ~,-..... -.~' .. ..- .~ . CllqlHral(' Ut'lJd<luarte('!l <:ll'Olrwater, Florida Page 5 ~ I ~. r:; <II - c ::;. ... .. "" t;." .. 5 "" ~ !: ~ :::: cr.: ~. ;p ~ C\ ,---,--- I ,. ~ r t I ~ ~ II ;p ~ ...... ...... I::l ~:i:i ~ S ;:: :::! e ... ..... ..., I::l.. e' "'l ;:: _. ::::- .., (ll I::l ~ (ll ~ N....... :::: ..... ... ~'::::-I::l..[.; "r] ;:: "'" I::l (ll '0 (ll e (ll ;:: ~ I::l ~ 5..""''''';::''''''''l .... ::t. Q" ~ I::l.. I::l "'" :i:i ;::: I::l.. (ll .... ~~~~~~ (ll "'" I::l.. "'" ;:: ;::: <':l ~ ..... {; I::l.. "'" ~ :; e "l:S ':::--, S. 1::l......~~eC1Q .... ..... "'<; '" e::::-\Q~I::l~ ~~:i:i~~~ ;::;. (ll -. ..... e "'" :::::'''r'l ::;- ~. ~. 0\ ~ ~ ~.::::::;:: :i:i ~ I::l.. ""'~;::: E::~:=... ::::: ~ -- ..... ~ I::l ::::. ~ ::::- ~ "l:S 1;;'... e '" ~ "'" . .... ;::: e "'<;::::- ... "'" Ii'Q ~ e I:I::I~ _. 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G =: ~ ~ ~ 8, ~ ('l> ~, en ::l ~ G tIl2;.:><~ ..... - ..... ~::...G::lpj< ~ - 0. ::l (=i' ::::;: ~ ::: 0. G 0;;; ~ ..... G ~ ~ tIl ::l :3 ::l ..... (') _ 0. tIl _ "" (') ::r ~ -. r.n G 0 a (') ::: 0 =. c: c (') ...., ::l ::l (JQ o 5'- (JQ - ::r c: G ~ "0 :;. _. ~~-~~1ii .....otll..-::r ::: G ::l 0 G _. (JQ ~ ~ ::l (JQ (JQ tIl..-::lpj::l" ~ 0 ~__-< tIl ...., '< . ~ ..... <0 <0 O'l - CD l/) rt' - N o o o - CD l/) ~ "" I I _. ::: ~ ~ ::l"~ _. 0 (') ..... ::l"tIl \) o = ~ ~ .... o =-- = ('tl ~~ = ~ =:'0 ~ =- ~ r.t:l a ~ =:rtI ~ ~ Q.. ~ ... = = Q..(JQ (100 o 0 a ~ a ~ ('tl 00 ::5 ~ S. "1 -(1 ~o d ~ ~ .... ~ "1 "1 = ~~ ~ :t. 00 0 = ~ o ~ = r.t:l I I HUD-Insured Multifamily Loan Department In fulfilling its role as a nationwide, full service mortgage banker, MMT provides mortgage services in the area of U.S. Department of Housing & Urban Development (HUD) authorized and Federal Housing Administration (FHA) insured multifamily loans. As a HUD-approved lender, MMI offers the complete range of real estate due diligence, underwriting, processing and secondary market investor services that are associated with the numerous FHA multifamily full insurance programs. Consequently, MMI provides both construction and permanent loans for the financing of multifamily rental and cooperative housing, retirement housing and health care facilities. As a compliment to its FHA-insured lending services, MMI is also a Government National Mortgage Association (Ginnie Mae) approved mortgage backed securities issuer, as well as a HUD approved Delegated Processor. MMT's involvement in these activities permits the company to provide clients with valuable and timely information concerning such matters as lowest available market interest rates, as well as processing, underwriting and current market data information in all areas of the United States. ........ ~~-<o: ~ . - ~- Page 7 -. -. ... ~~ ~ ~ g ~ C/o ::. ?" ~ ,." ~ ... -. ~ 0; ~ ~ ~ ::- 8'0 .., 9 a :::j o :3 ::l n .., c 0 ~:.: ;:r~ 5 g o ::rn 'Jj 'J) n ::; @ (i C/l ::; 0. C ~ .., <: e:> ~ g 0 C/l"O So~ .., ::l o ..... c C/l rg.n& o 0 c c _. :~Q e:> ~ r;; ~ 8.. s., Q ~r l/""'/ ~ ~~ ~~' ~~ "- -. :::: "~ '" ~ ..., ~ ~ '" ::? ,- ""i 00 ,..., 0 ~ a 0 :>< 0';;; =. ::l :::; ::l 2.CfJQ v::? e:> _. 0 ~. 0 g ~ ::l C/l ..... o 2 3: 5 ::? 3: "0 0 """1 ~ :z: C n. (J~ n N .-~ :::s ro 0.0. :::j ::l C 0' (J~ -g .., 5' ::l ......,~So ~ ~. (1l ::l ~ 0 o .., "0 ::rc"O 'Jj ~ 0 ~ C .., .., @ c ~ ::l C/l e:> ..... ,..... ~ '-< ~ 0. .., e:> ;::. ..... 'Jl e:> _. ..... 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FLORIDA (813) 562-4567 SIGN PERMIT APPLICATION \ "'t: PlANS AND SPECIFICATIONS FOR Am PROPOSED SIGN SHAU BE SUBMITTED IN DUPUCATE, DRAWN TO SCALE AND INCLUDE THE ~ FOllOWING, ~ (a) Site Plan. (b) Dimensions and elevations (IncludIng the message) of the sign. (c) Lot frontage on all street r1ghts-of.way Cd) MaxImum and minImum height of the sign. as measued from f1rished grade, (e) location of the sign In relation to property Ones, plbnc rlghtKlf.way. easements, buildIngs. and other signs on the property. (Pole signs must be a mInimum of 5 feet from property line.) (f) DImensions of the sIgn's supporting members. (g) For IDumlnated signs, the type. placement. Intensity and holJS of D1umlnatlon. (Not more than five (5) footcandles of light Intenslty for commercial signs ) (h) Constructlon and electrfcal specifications. for the purpose of enabling determlnatlon that the sign meets an applicable structural and electrical requIrements of the Bulldlng and Natlonal E1ectrfc Codes, (Indicate If Ul rated,) (I) Inventory of all e~no slGlns on the same property and~r buIlding on which the sign Is to be located, Indlcatlng the number. type, use e?g property Identlflcatlon. business ldenflflcOtlon. etc.) location and surface area (If "none." so indicate) · An appllcatlons for signs shan Include detail ~rawl~ showtrfg how the sign Is to be constructed and secured All slgns greater ... than 32 sqoore feet In size shall have structural drawing signed and sealed by Bcensed Florida engineer or architect. AI.SQ. please note that wind load requirements should conform to the 1991 edition of the Southern Standard Buldlng Code )> "0 "0 r PROJECT ADDRESS 33 N G-/I1!-1)aJ 4vG lOT BlOCK/TRACT SUBDIVISION z o PARCEL NUMBER / I / OWNER Do W AJ TO cv r..J C. /...UJ t2.. TO u..>e:r2., L- T/) . / / TELEPHONE ADDRESS CITY STATE ZIP LESSEE (OF PROPERTY OR BUILDING) BUSINESS NAME rn /'DL-Iff.JD !nO rLTG-1+U-G IAJUES7m&J7 CoP-f. ADDRESS 3:3 AJ. G-e4P-7J rE7V A-tJ (% ~ (Z-a 0 CITY/STATE/ZIP CODE 3 LIra I s: TELEPHONE '-/& f - LIfo I DESIGN REaUIRED DISTRICT' URBAN CENTER STATUS DATE' REVIEW NOT-APPLICABLE 0 CLRINTR. BEACH 0 APPROVED 0 BOARD N GREENWOOD 0 DENIED 0 CONTRACTOR B I~ , F fH3 ~ c..;:rTD tZ-S , IJV t2.. TELEPHONE 5'7 C) -1../0 33 ADDRESS I ~ X 8 S- - 44 *=:1 .s -; AJ CITY (!.L- u...J t2.... STATE H- ZIP 3 <-/ c..--. Z z.. STATE NO. G 100000 3y ClEARVVATER LICENSE NO. TYPE OF SIGN WEST. Gl-/aJ IJ-TI 0 tU SURFACE AREA IN SQ FT. _ POLE - PROJECTING V WAll _ GROUND /32 - \IVINDOW - CANOPY. 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