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preston redevelopment agency

PRESTON REDEVELOPMENT AGENCY. Norwich Hospital Site. CURRENT STATUS. Preston voted to purchase property at referendum Feb. 24, 2009.Preston and CT DPW closed on the property March 12, 2009.State of CT will maintain, insure, and secure property until March 11, 2010PILOT and Pequot monies from site good through 2011Phase I Environmental recertified, Phase III Environmental completedCompleted Property and Archaeological Surveys Development Agreement legal template completedFederal

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preston redevelopment agency

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    1. TOWN MEETING

    3. CURRENT STATUS Preston voted to purchase property at referendum Feb. 24, 2009. Preston and CT DPW closed on the property March 12, 2009. State of CT will maintain, insure, and secure property until March 11, 2010 PILOT and Pequot monies from site good through 2011 Phase I Environmental recertified, Phase III Environmental completed Completed Property and Archaeological Surveys Development Agreement legal template completed Federal & State grants, Stimulus Money, EPA grant applications have been submitted. Active collaboration with Norwich (NCDC) established. Establish Redevelopment Agency to move process forward. Stimulus Bill includes 1.65B in grants for CT which includes environmental cleanupStimulus Bill includes 1.65B in grants for CT which includes environmental cleanup

    4. PLAN OF ACTION Secure Preston control over site development. Establish a Redevelopment Agency to give Town of Preston maximum control of redevelopment process Create basic redevelopment budget to adequately fund producing the maximum short & long term economic and communal return to the Town of Preston Create Master Plan through outreach programs & professional sources Involve Preston community in planning process Incorporate learned lessons of past 5 years Coordinate with RAP (Remedial Action Plan) Allow and encourage Developer input Refine and begin completion of RAP Develop new revenue stream options to offset budget needs Potential land-leases, parcel by parcel development staged in over time Apply for all available Federal & State, Demolition, Opportunity, EPA grants (Brownfield’s, Cleanup), and Stimulus Money in conjunction with elected representatives , town officials , and staff personnel Explore reclamation, salvage, and excess fill opportunities Develop public communications plan S&G commitment is double the money we get from the site now.S&G commitment is double the money we get from the site now.

    5. GRANT STATUS EPA Targeted Brownfield’s Assessment, $150,000 - submitted Federal Appropriations Grant Program, $1,000,000 - submitted American Recovery and Reinvestment Act -     Segment 1, $15,500,000 - submitted Segment 2, $12,500,000 - submitted Connecticut Commission on Culture and Tourism Planning and Survey Grant, $20,000 - submitted Rural Business Opportunity Grant, Mkt’g $50,000 - submitted Connecticut Commission on Culture and Tourism Endangered Building Grant, $50,000 - submitted Rural Business Opportunity Grant, MP’g $50,000 - submitted

    6. PROSPECTIVE FUNDS Connecticut Development Authority, Brownfield’s Program Direct Loan Program, under study Tax Increment Financing, under study Connecticut DECD, meeting scheduled May 6, 2009 EPA - Brownfield’s Program, available soon EPA Stimulus Brownfield funds, establishing criteria DEPARTMENT OF ENERGY, $3.2B, awaiting allocations BOS, NHAC PRA, dedicated to aggressively,    proactively  pursue all grant and funding opportunities

    7. REDEVELOPMENT AGENCY CGS 7-136; Chapter 130, Part I Appointed by BOS, approved by Town Meeting Electors resident in Town eligible POWERS Same Bonding authority as Ch. 132 Development Agencies Prepare redevelopment plan Written approval required by PZC Public Hearing required Town Meeting approvals required: Issuance of bonds Land sales Redevelopment plan and any substantial changes to Statutory/Ordinance limited eminent domain Ch. 132 Dev. Agency requires regional approvalsCh. 132 Dev. Agency requires regional approvals

    8. ORDINANCE

    9. ORDINANCE CONTINUED SECTION 3 – POWERS AND DUTIES. Except as otherwise provided in this ordinance, the Agency shall have all of the powers and duties of a redevelopment agency granted in the General Statutes. (A) Preparation and Approval of Redevelopment Plan. (1) The Agency shall prepare, or cause to be prepared, a redevelopment plan for the Property and any redeveloper may submit a redevelopment plan to the Agency. (2) Before approving any redevelopment plan, the Agency shall (i) transmit such plan to the Preston Planning and Zoning Commission for its study and for its written opinion, including a determination on whether the plan is consistent with the Town’s plan of conservation and development, (ii) hold a public hearing on the plan, and (iii) after the public hearing, make the findings required by the General Statutes. After the Agency has approved the plan, it shall be approved at a town meeting. (3) The plan shall be effective for a period of ten years after town meeting approval and may be amended as provided in this Section and in accordance with the General Statutes. The town meeting shall review the plan at least once every ten years after the initial approval, and shall reapprove such plan or an amended plan at least once every ten years after the initial approval in order for the plan or amended plan to remain in effect. (B) Acceptance of Funds; Financing. (1) For the purpose of carrying out or administering a redevelopment plan or other functions authorized under this ordinance, the Town, acting by and through the Agency, may accept grants, advances, loans or other financial assistance from the federal government, the state or other source, and may do any and all things necessary or desirable to secure such financial aid. To assist the Agency, the Town may, upon such terms as it determines, furnish service or facilities, provide property, lend or contribute funds, and take any other action of a character which it is authorized to perform for other purposes.

    10. ORDINANCE CONTINUED (2) To obtain funds for the temporary and definitive financing of any redevelopment project, the Town may, in addition to other action authorized under this ordinance or other law, levy taxes and issue and sell its temporary loan notes, bonds or other obligations. Such temporary loan notes shall be issued for a period of not more than three years. Any such bonds or other obligations issued by the Town pursuant to this subsection shall be in accordance with such statutory and other legal requirements as govern the issuance of obligations generally by the Town. (C) Bonds; Authorization; Issuance by Connecticut Development Authority. (1) For the purpose of carrying out or administering a redevelopment plan or other functions authorized under this ordinance, the Town, acting by and through the Agency, is authorized to issue bonds of the Town, or to issue bonds through the Connecticut Development Authority for a specified project, which are payable solely from and secured by: (a) a pledge of and lien upon any or all of the income, proceeds, revenues and property of redevelopment projects; (b) taxes or payments in lieu of taxes, or both, allocated to and paid into a special fund of the Town for the payment of debt service, bond repurchases and other bonding costs pursuant to the provisions of the General Statutes; or (c) any combination of the methods in (a) and (b) of this subsection. (2) Any bonds payable and secured as provided in this Section shall be authorized by a resolution adopted by a town meeting. (D) Acquisition or Rental of Real Property; Limitation on Use of Eminent Domain. (1) Within a reasonable time after its approval of the redevelopment plan, the Agency may proceed with the acquisition or rental of real property by purchase, lease, exchange or gift. (2) The Agency may acquire real property, or interests therein, within the boundary lines of the Property by eminent domain with the approval of a town meeting, provided: (a) the acquisition shall comply with the procedures and requirements in the General Statutes; (b) the acquisition of any property, or interests therein, that would prohibit or restrict access to real property upon which there is an inhabited residential structure shall be prohibited: and (c) the acquisition of the properties labeled as “Privately Owned” on the attached map shall be prohibited.

    11. ORDINANCE CONTINUED (3) The Town ordinance entitled “An Ordinance Prohibiting Eminent Domain for Certain Purposes” as approved at the November 1, 2005 Town Meeting, shall not apply to the Agency’s eminent domain proceedings and acquisitions allowed under this ordinance. (E) Transfer, Sale or Lease of Real Property. (1) The Agency may sell, lease or otherwise transfer for such sums as are agreed upon the whole or any part of the real property within a redevelopment area to the redeveloper or, if the real property is to be used for public purposes, to an appropriate public agency. (2) Any contract for sale, lease or other transfer shall be approved by a town meeting before its final approval by the Agency. SECTION 4 – SUMMARY PUBLICATION OF ADOPTION. Upon the adoption of this ordinance, a summary of the ordinance shall be published in lieu of the complete text of the ordinance. This ordinance shall be effective fifteen (15) days after the date of publication.

    12. MAP

    13. BOS RECOMMENDATIONS Joseph Biber (D) Kerry Gentry (U) Term: Four (4) year Term: Five (5) year Kent Borner (U) Michael Clancy (U) Term: Three (3) year Term: Two (2) year Allyn Brown (R) Sean Nugent (D) Term: Four (4) year Term: One (1) year Sandy Ewing (D) Linda Riegel (R) Term: Five (5) year Term: Two (2) year Roy Beauregard (R) Term: One (1) year Merrill Gerber (R) Term: Three (3) year

    14. SITE RECAP Preston Hospital Property 390 acres, both sides of Route 12, delineated as western border of town. A thriving self sufficient ‘city’ within a farming town until fully shuttered in 1995. Identified when Hospital closed (POCD, P&Z, NHAC) as our economic engine, crown jewel, best site to promote commercial growth & offset taxes, means to preserve character of the other 98% of the town. Skilled labor force and proximity to intellectual capital Long river frontage, deep water access, active railroad line with siding. Public sewer & water sources, high voltage power, natural gas lines installed. Connector access to Interstate Highways. Adjacent to Mohegan Sun, minutes from Foxwoods, Mystic seaport, Mystic Aquarium, New London ferries, cruise ships, Amtrak, Pfizer, Electric Boat, US Naval Submarine Base, US Coast Guard Academy. Strategic central location between NYC, Boston, Providence, Hartford, airports. 2 1/2 hour drive radius of 27,000,000 people. One of the most highly visible prime properties on the eastern seaboard. This site has always carried a large portion of our tax revenue, while not contributing to our costs.This site has always carried a large portion of our tax revenue, while not contributing to our costs.

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