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Orange County CRA and Orange Blossom Trail Development Board. May 8, 2007. Presentation Outline. Background CRA/OBTDB Agreement OBT Development Board Walgreens Proposal Requested Action. Presentation Outline. Background CRA/OBTDB Agreement OBT Development Board Walgreens Proposal
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Orange County CRA and Orange Blossom Trail Development Board May 8, 2007
Presentation Outline • Background • CRA/OBTDB Agreement • OBT Development Board • Walgreens Proposal • Requested Action
Presentation Outline • Background • CRA/OBTDB Agreement • OBT Development Board • Walgreens Proposal • Requested Action
Background • Orange County CRA created in 1990 • Commonly called “Orange Blossom Trail CRA” • Recommendation of OBT Development Board • Finding of Slum • and/or Blight
Background • Redevelopment Plan Adopted • CRA Trust Fund Created • BCC Declared CRA Governing Board
Background CRA Boundaries: • Orange Blossom Trail Corridor • Colonial Drive • Interstate 4 • Rio Grande Ave • Westmoreland Ave
Background • CRA contracted with OBT Development Board • 1991 Agreement • Implements Redevelopment Programs • Consistent with Redevelopment Plan
Presentation Outline • Background • CRA/OBTDB Agreement • OBT Development Board • Walgreens Proposal • Requested Action
CRA/OBTDB Agreement • Replaces 1991 Agreement • Reaffirms Role of OBTDB • Enhances Coordination • Provides for Consistency with County Processes and Procedures • Strengthens Role of BCC acting as the CRA
Presentation Outline • Background • CRA/OBTDB Agreement • OBT Development Board • Walgreens Proposal • Requested Action
Then Now OBT Development Board May 8, 2007
Creation 1 1 2 3 2 3 4 6 5 County City • Created OBTDB in 1984 by Inter-local Agreement • 501 C-3 Non-Profit Corporation • Mission: Plan & implement improvements to OBT 2/3 Funding • Original Funding Provision: • 2/3 Funding from County • 1/3 Funding from City 1/3 Funding • 9 Member Board of Directors: • Volunteers • County: 6 Board Members • City: 3 Board Members
Board of Directors Jason Rosenthal, President Allison Yurko, Vice-President Sybil Adkins Roy Bordes Laura Guitar Christie Hill Commissioner Tiffany Moore Jorg Rivera Ivette Sanchez
Foundation for Success c r a community redevelopment Enterprise Zone agency municipal servicestaxing unit MSTU Brownfields The OBT Development Board asked Orange County to create these programs:
c r a community redevelopment agency municipal servicestaxing unit MSTU OBTDB Programs
OBT Program Boundaries c r a community redevelopment agency municipal servicestaxing unit MSTU
Grants $169,000 $300,000 $50,000 Division of Forestry Toolkit for Economic Dev. Juvenile Justice $125,000 $45,000 $70,000 $575,000 Keep Florida Beautiful ReNEW Grants FL Highway Beautification
OBT Roadway Enhancement municipal servicestaxing unit MSTU Before After $78 Million Project County$8 m Prop Owners $6 m OTHERS $6 m FDOT $50 Million OUC $8 m
OBT Roadway Enhancement municipal servicestaxing unit MSTU Before After
OBT Roadway Maintenance municipal servicestaxing unit MSTU
Safe Neighborhood Program • OBTDB drafted crime prevention legislation • Became law in 1996 • Makes CRIMINALS PAY Misdemeanor$20 Felony$50
c r a community redevelopment agency Kaley Square Park Habitat for Humanity
c r a community redevelopment agency
Economic Development c r a community redevelopment agency • Incentives are needed to bring new commercial development to the area
c r a community redevelopment agency Proposed Development
c r a community redevelopment agency OBT CRA Boundaries Colonial Drive Rio Grande Ave. Westmoreland Ave. In the heart of the CRA area Gore Street & OBT I-4
c r a community redevelopment agency
c r a community redevelopment agency
c r a community redevelopment agency Proposal : • $50,000 incentive to developer for Walgreen’s (Agree Realty Corp.)
c r a community redevelopment agency Inducement to: • Locate on a smaller site • Design and build a non-prototypical building • Fewer parking spaces than Walgreen’s normally provides
c r a community redevelopment agency Benefits: • Eliminate slum and blight • Provide neighborhood jobs • Pharmacy will serve low income and minority neighborhoods • Increase property values in CRA
c r a community redevelopment agency
Presentation Outline • Background • CRA/OBTDB Agreement • OBT Development Board • Walgreens Proposal • Requested Action
Requested Action • Approval of an agreement between the Orange County CRA and the OBT Development Board regarding redevelopment activities on behalf of the CRA.
Requested Action • Authorization for a $50,000 incentive payment to Agree Realty Corporation or its designee for development of a Walgreens Pharmacy to be located at 900 S. Orange Blossom Trail subject to the terms of an incentive agreement to be brought back to the CRA in the future.