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Amended Item 3B- CRA Update Amended Item 3B January 9, 2017 City of Atlantic Beach Mayport Road Community Redevelopment Area Background The City of Atlantic Beach has a history of redevelopment efforts along the Mayport Road corridor. Beginning in the early 2000s with a joint study with the City of Jacksonville for a Community Redevelopment Area (CRA) across both jurisdictions. While the CRA never materialized, the plan resulted in several code changes in Atlantic Beach and the Mayport Road Overlay in Jacksonville. As part of the plan a corridor study was done in 2001 that later led to the construction of landscaped medians on Mayport Road in both cities. In later years Atlantic Beach hired a grant funded community policing officer that transformed into a city funded full time staff person to promote redevelopment. Jacksonville has also continued its efforts this year by commissioning a CRA study for portion of Mayport Road and the surrounding area within its jurisdiction. Current Efforts Atlantic Beach recently completed its own CRA plan for its portion of Mayport Road and the surrounding area within its jurisdiction. This plan is the culmination of a years’ worth of work started by the City Commission with the help of a Technical Advisory Committee that met 3 times and assisted with 2 public workshops. The plan was created under the direction of the City’s Planning Department with help from consultants; VHB, Northeast Florida Regional Council, and Community Redevelopment and Planning. Additionally, an online survey was created with multiple choice and write-in areas that had over 150 responses and the team interviewed 10 stakeholders including the Chamber of Commerce, local leaders, and Navy representatives. The map above identifies the proposed CRA area that includes all commercial along Mayport Road, the City’s light industrial area the surrounding residential neighborhoods. This study includes the Finding of Necessity as required under the Community Redevelopment Act as defined in Chapter 163, Part III of the Florida Statutes and includes a list of eligible activities outlined on the next page to occur as part of the CRA. Amended Item 3B January 9, 2017 Potential Projects and Programs The Mayport Road Redevelopment Plan outlines 5 Capital Improvement Projects and another 8 Community Development Programs that are designed to improve the quality of life for existing residents while creating a positive environment for new residents and businesses. Capital Improvement Projects TRANSFORM MAYPORT ROAD INTO A COMPLETE STREET Many survey respondents’ primary concerns were about pedestrian and bicycle safety on Mayport Road. We hope to work with FDOT’s upcoming policy changes to make improvements similar to those being taken on by JTA throughout Jacksonville. This will also help to connect residents on both sides of Mayport Road that currently feel separated to businesses and recreation areas like the beach and marsh. IMPROVEMENTS TO NEIGHBORHOOD ROADS Many roads in the CRA are inadequate due to narrow right-of-ways, need for maintenance or a lack of pavement in general. The goal of this project is to again improve roads with the Complete Streets model so that the roads are safer for all users and access in the City is improved. IMPROVEMENTS TO PARKS The CRA contains multiple parks and 2 community centers and is bordered by the Intracoastal. Parks can provide a major boost to the quality of life, which will spur redevelopment. GATEWAY SIGNAGE AND MURALS Another common comment about the Mayport Road area is the negative perception it has. Branding the area with signage and murals similar to what is desired in the Arlington CRA and recently completed in downtown Jacksonville will make the area more welcoming while beautifying the area and providing a sense of place. SEWER AND SEPTIC INFRASTRUCTURE IMPROVEMENTS Several portions of the CRA remain undeveloped or underdeveloped due to a lack of public utilities. Improvements can direct develop away from environmentally sensitive lands while removing potentially hazardous septic systems in those sensitive areas like COJ’s new Septic Tank Phase Out Program. Community Development Programs COMMERCIAL NODE ALONG MAYPORT ROAD This program would be to work with property owners to create a center of commercial activity on Mayport Road that could also host small events similar Hemming Park and Unity Plaza. MARKETING, EVENTS AND PROGRAMMING COORDINATOR This program is a staff person that administers the CRA including the marketing of local businesses. REVITALIZE THE INDUSTRIAL DISTRICT Road improvements with new landscaping and signage that would direct industrial traffic away from residential neighborhoods and attract new businesses. HOMEOWNER AND BUSINESS IMPROVEMENT GRANTS Grant programs for façade improvements to both residential and commercial properties benefiting low income residents and small businesses. MASTER STORMWATER STUDY Recent flood events and hurricanes have caused the City to recognize a need for significant improvement to the stormwater system. COMMUNITY CODE ENFORCEMENT AND POLICING PROGRAM Often times the biggest issues in an area warranting a CRA are code violations and crime. This program provides additional code enforcement and police officers to the CRA area. PROPERTY ACQUISITION This can be utilized for improvements to roads, parks or to combine properties for redevelopment. UPDATE COMPREHENSIVE PLAN AND LAND DEVELOPMENT REGULATIONS A cause of a lack of investment in an area can stem from problems with the City’s Comprehensive Plan and codes that need updates.                                                                                       Amended Item 3B January 9, 2017 Financial Projections 2010 Taxable Values as a One of the requirements of the Finding of Necessity as defined by Percentage of 2015 Values §163.340(8)(b) of the Florida Statues is to show no appreciable CRA 91.35% increase in taxable value over 5 years. As seen in the chart to the COJ 96.87% right, Atlantic Beach is still below the taxable values of 2010 and 2015 Taxable ValuesJacksonville is considerably closer to those taxable values CRA $168.6 Msuggesting Jacksonville is economically healthier than Atlantic COAB $1.4 BBeach. It is important to note that the CRA comprises a third of CRA % of COAB 12.3%Atlantic Beach’s land area, but only accounts for about 12 percent COJ $52.6 Bof the total taxable value of the City. This also demonstrates CRA % of COJ 0.003%Atlantic Beach’s commitment to redeveloping the area as this area could approach a third of the City’s property tax revenue if begins Land Area to equal taxable values in the rest of the City. By comparison this Acres in the CRA 827 area is only represents 3 one thousandths of a percent of Acres in the COAB 2,480 Jacksonville’s total taxable value. CRA’s % of COAB 33.4% The vital part of a CRA is the ability to capture increases in taxable value over the base year. As part of the CRA study the team constructed 3 projections that are included in the plan. Those include a conservative 1% growth, a moderate 3% growth (the industry standard) and an aggressive 5% growth. CRA Revenue $14.2 M Total CRA Revenue $10 M COJ’s Share $4.2 M COAB’s Share COJ Revenue During CRA $1.4 M Annual Revenue $29.4 M Total Revenue COJ Revenue After CRA $1.1 M Annual Increase 9 Years Time to Recoup Share These projections assume the State Statute defined maximum of 95% of each jurisdictions’ full millage rate. Long Term Impacts The goal of the CRA is to provide long term, dedicated funding for projects and programs that will nurture existing businesses and improve the quality of life for current residents while making the area more attractive for new development. Both Atlantic Beach and Jacksonville stand to benefit from an increased tax base, but that is not the only benefit Jacksonville can expect to receive. About 1.75 miles of the City of Jacksonville borders the CRA including a third of Jacksonville’s portion of Mayport Road. The improvements made in the CRA will undoubtedly spill over into Jacksonville providing immediate increases in property tax revenue along with likely reductions in demand for police and code enforcement services. Additionally, the CRA hopes to benefit the Navy by not only providing a better place for them the live and work, but also to provide an improved home for military related contracting businesses. 16 33 50 67 85 104 123 142 163 183 205 227 250 273 298 323 348 375 402 430 39 80 121 164 208 253 300 348 398 449 502 556 612 669 729 790 853 917 984 1,053  ‐ 200 400 600 800 1,000 1,200 1,400 1,600 1 2 3 4 5 6 7 8 9 10 1112 1314 151617 1819 20 DO L L A R S (I N TH O U S A N D S ) YEAR 20 YEAR CRA REVENUE PROJECTIONS City of Atlantic Beach City of Jacksonville