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SYRACUSE 20/20

SYRACUSE 20/20. Onvest Onondaga County Quality Community Investment Trust Fund December 2008. SYRACUSE 20/20. Onvest - public trust fund for: Protecting and creating community assets Replacing shrinking funding sources

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SYRACUSE 20/20

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  1. SYRACUSE 20/20 Onvest Onondaga County Quality Community Investment Trust Fund December 2008

  2. SYRACUSE 20/20 • Onvest - public trust fund for: • Protecting and creating community assets • Replacing shrinking funding sources • Establishing local funding to match other available incentives • Partnering with other governments, not-for-profit foundations and private investors • Promoting sustainable development

  3. SYRACUSE 20/20 • What is a Quality Community? Certain principles are important: • Invest in the center city • Create, preserve and redesign neighborhoods • Invest in historic villages • Protect farm land and beautiful natural environment • Ensure economic reuse of existing infrastructure

  4. SYRACUSE 20/20 • Example of Investing In Center City

  5. Hanover Square Downtown Syracuse

  6. SYRACUSE 20/20 • Examples of Creating, Preserving and Redesigning Neighborhoods

  7. Village of Manlius

  8. County CD work in Nedrow - Before

  9. County CD work in Nedrow - After

  10. Tipperary Hill Redesign of Neighborhood New Development on former derelict site in Tipperary Hill. Supplemented by Syracuse Neighborhood Initiative Funds no longer available.

  11. SYRACUSE 20/20 • Invest in Historic Neighborhoods

  12. Marcellus Village of Marcellus as example of investment in historic villages.

  13. Baldwinsville Village of Baldwinsville- Example of extent of work necessary to convert and renovate buildings to the standard of previous Marcellus slide.

  14. County CD - Baldwinsville Commercial Rehab – Before

  15. County CD Baldwinsville Commercial Rehab – After

  16. Village of Liverpool

  17. SYRACUSE 20/20 • Protect Farm Land and Beautiful Natural Environment and Ensure Economic Use of Existing Infrastructure

  18. Bussey Road, Town of Onondaga

  19. OnondagaLake

  20. SYRACUSE 20/20 • What is the role of local government? • Establish the rules of development • Zoning, land use planning • Invest in infrastructure • Provide direct investment often in partnership with other governments and private investors

  21. Plum Court, Onondaga Creekwalk & OM Edwards Building

  22. SYRACUSE 20/20 • Why is Onvest needed? • Reaching scale and sustainability difficult with existing funding streams • Fragmented government structure prevents unified vision • Planning efforts completed in isolation of a larger community vision • Limited county-wide compliance with 2010 Development Guide

  23. SYRACUSE 20/20 • What is the relevance of the County 2010 Development Guide? Priorities: • Invest in Existing Communities • Redevelop Obsolete and Vacant Sites • Protect and Maintain Existing Infrastructure • Create Urban and Suburban Development Patterns • Preserve Transportation Assets • Expand Infrastructure for Job Creation

  24. SYRACUSE 20/20 • How does Onvest meet the need? • Offers opportunity to reward compliance with 2010 Development Guide • Aligns projects throughout the County with a unified vision and plan • Provides a reliable local funding stream for responsible and strategic investment in the community • Builds upon successes of SNI at the county level

  25. SYRACUSE 20/20 • What types of projects would Onvest support? • Conversion of buildings • Strategic neighborhood housing investments • Elimination of outmoded buildings • Environmental remediation of property and land • Protection, creation and promotion of open space and environmentally sensitive areas • Protection of major architectural, historical and cultural institutions and assets

  26. SYRACUSE 20/20 • Conversion of Buildings

  27. Camillus Cutlery Building

  28. SYRACUSE 20/20 • Strategic Neighborhood Housing Investments

  29. Genesee Street

  30. SYRACUSE 20/20 • Elimination of Outmoded Buildings

  31. Camillus Cutlery Building One of the Camillus Cutlery buildings adjacent to creek showing obvious potential for redeveloment by the water.

  32. SYRACUSE 20/20 • Environmental Remediation of Property and Land

  33. Solvay – Former Gas Station

  34. SYRACUSE 20/20 • Protection, Creation and Promotion of Open Space and Environmentally Sensitive Areas

  35. Village of Fayetteville

  36. Village of Fayetteville Also in Fayetteville in the same area as previous two slides adjacent to the creek with obvious public open space potential matched to existing urban development.

  37. Village of Fayetteville Also in Fayetteville in the same area as previous slide that requires attention. Potential is obvious. Traditional funding mechanisms may prohibit investment of government funds

  38. SYRACUSE 20/20 • Protection of Major Architectural Landmarks

  39. Erie Canal Museum Erie Canal Museum Weigh Lock Building. Significant Historic Building of National Consequence. Major Cultural Asset.

  40. SYRACUSE 20/20 • Guiding principles of Onvest: • Create a diverse governing body • Implement ongoing planning processes with focused financial resources • Require leveraging of private, not-for-profit and other governmental resources • Obtain ongoing input from diverse view points and weigh project merits accordingly • Position the County to compete for business investment and to retain talented people

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