Staff Report CRA CITY OF ATLANTIC BEACH
CITY COMMISSION MEETING
STAFF REPORT
AGENDA ITEM : Mayport Road Community Redevelopment Plan Presentation
SUBMITTED BY: Derek W. Reeves, Planner v,,
DATE : September 14, 2016
STRATEGIC PLAN LINK: None
BACKGROUND : This is a presentation of the Mayport Road Community Redevelopment Plan from staff
and the consulting team hired to create the plan. Funding for this project was approved on July 27`x' of 2015
by Commission . Additional funding includes a $25 ,000 grant from the Florida Department of Economic
Opportunity in the form of a Technical Assistance Grant. The project team consists of City staff, VHB,
Northeast Florida Regional Council, and Community Redevelopment and Planning. The project team
worked closely with a Technical Advisory Committee (TAC) that was comprised of key stakeholders from
the community that were appointed by Commission and staff.
The project team held three meetings with the TAC and two meetings with the general public to gather
information that would direct the progression of the plan. This presentation is the culmination of those
meetings where the project team will present their findings and outline the plan created. The plan itself was
created in such a way that it meets the statutory requirements for Community Redevelopment Area (CRA)
or so that it can be used as a redevelopment plan for the City to execute without a formal CRA.
The presentation will include a brief history of how the plan came to be, followed by a breakdown of the
redevelopment plan and its proposed projects and programs . The presentation will then cover the two ...
possible funding options for the redevelopment plan including the General Fund and the creation of a CRA
utilizing Tax Increment Financing (TIF) . As a refresher, the basics of a CRA will be presented and then a
comparison of the two funding mechanisms will be shown.
This presentation is the final step of the consulting team 's contract and we have a limited amount of time
for this meeting. We have planned time for questions, but please understand that minor changes can be
made by staff later and that this is a good time for technical questions to the experts of the consulting team.
After a motion made by former Mayor Borno and a second from Ms . Wanda Martin, the TAC voted
unanimously on August 1. 7f' of 2016 in a recommendation to City Commission that the City move forward
with the creation of a CRA.
BUDGET : No additional budget expense for presentation.
RECOMMENDATION: To get Commission consensus to move forward with creation of the CRA.
ATTACHMENTS : Copy of the Mayport Road Community Redevelopment Plan.
REVIEWED BY CITY MANAGER: ". ,1 L ig.4 .,ti