1 / 17

Presentation Overview

City of Orlando Economic Development Department Strengthen Orlando Transportation Impact Fee Initiatives June 27, 2011. Presentation Overview. Strengthen Orlando Program Overview Transportation Impact Fee Incentives 2010 Strengthen Orlando Initiatives for 2011

hedia
Download Presentation

Presentation Overview

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. City of Orlando Economic Development DepartmentStrengthen Orlando Transportation Impact Fee Initiatives June 27, 2011

  2. Presentation Overview • Strengthen Orlando Program Overview • Transportation Impact Fee Incentives • 2010 • Strengthen Orlando Initiatives for 2011 • Proposed Transportation Impact Fee Incentives

  3. StrengthenOrlando Program • A comprehensive economic action plan to sustain our community and ensure Orlando remains in position for future growth and prosperity. • Three EDV “pillars” : • Orlando Builds • Orlando Works • Buy Local Orlando

  4. 2009/2010 Strengthen Orlando Initiatives • Expedited permit and review process • Projects creating ten or more jobs • Five day commercial plan review • Expedites construction • One day residential plan review • Extended all permit expirations for an additional year • Provided same day inspections

  5. 2009/2010 Strengthen Orlando Initiatives (cont.) • Offered home renovation reviews • Expanded UCF Business Incubator – Orlando and its services • Expanded Mayor’s Business Assistance Team • Recruited businesses to participate in Orlando Main Street Program • Launched Buy Local Orlando Program

  6. Strengthen Orlando Results • Created more than 600 jobs in 2010 as a result of expedited permit review process • Administered 10 Sewer Impact Fee payment plans • Provided 3,447 same day inspections out of 62,990 total inspections • Expedited plan review for projects such as: • Alinean, iGPS- projects in Downtown representing 85 new high wage jobs to our economy and almost $400,000 in capital investment

  7. Strengthen Orlando Results • Created Mayor’s BAT Team Customer Care Center in Permitting Services to increase access and visibility • Recruited approximately 300 business members to join the Orlando Main Street program in five districts • Registered 500+ businesses in Buy Local Orlando Program; distributed 120,000+ consumer cards • Created more than 900 jobs by expediting more than $180 million in planned capital projects.

  8. 2009 - 2010 Transportation Impact Fee Initiatives • Deferred impact fee indexing increases • Extended prior rate applications • Offered payment plans for transportation impact fees

  9. 2009 – 2010 Impacts • Transportation Impact Fee Payment Plan Recipients: • Piranha Cable (26 employees) • Jimmy John’s (25 employees) • Alfonso’s Pizza (25 employees) • Ramada Plaza Resort (45 employees) • Draft Orlando (46 employees) • St. Phillip’s Anglican Church • Xymogen (>100 employees) • Toyota of Orlando (relocation) • These projects represent a total capital investment of over $30 million and over 250 jobs

  10. 2011 Strengthen Orlando Initiatives • Continue to expedite permit and review process for projects creating more than ten jobs • Continue to offer payment plans for transportation and sewer impact fees • Continue five day commercial plan review to expedite construction • Continue one day residential plan review • Extend all permit expirations for an additional year • Continue same day inspections • Continue home renovation reviews

  11. 2011 Strengthen Orlando Initiatives (cont.) • Continue funding Economic Development partner organizations • Continue funding Small Business support programs • Reinstate the Business Assistance Program (Orlando Builds) • Extension of UCF Business Incubator-Orlando agreement (Orlando Works)

  12. 2011 Strengthen Orlando Initiatives (cont.) • Provide an additional five years of funding for the Orlando Main Street Program (Orlando Works) • Enhance Buy Local Orlando Program • Revise Transportation Impact Fee Ordinance (Orlando Builds) • Small Business Incentives • Rate Adjustment

  13. 2011 Transportation Impact Fee Initiatives • Impact Fee Waiver for building permits on Small Businesses within existing structures • Since April 11th, 2011: • Permits: 12 • Employees: 63 • Fee Impact: $123,975 • Construction Cost Estimate: $1,036,260

  14. Proposal • 25 % reduction in the City’s Transportation Impact Fee • All uses • Temporary reduction applied to new building permits • June 27, 2011 (First Reading) • July 11, 2012 • Consultant recommendation to follow • July 2012

  15. Purpose • Seeking Balance • Short Term Capital Goals • Long Term Ad Valorem Revenue Appreciation • Incentivizing Private Investment in Orlando • Reduce the Financial Barrier to Entering the Marketplace • Remaining Competitive • Regionally • Locally • Maintaining Capital Program • President Barack Obama Parkway • Debt Service

  16. Transportation Impact Fee Actions

  17. Thank You F. J. Flynn, AICP, Division Manager Economic Development Department Transportation Planning Division 407.246.2092 francis.flynn@cityoforlando.net

More Related