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Learn about the Orange County CRA and OBT Development Board's agreement for the Walgreens proposal. See how this initiative aims to eliminate blight, create jobs, and uplift the neighborhood. Take action today!
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Orange County CRA and Orange Blossom Trail Development Board May 8, 2007
Presentation Outline • Background • CRA/OBTDB Agreement • OBT Development Board • Walgreens Proposal • Requested Action
Presentation Outline • Background • CRA/OBTDB Agreement • OBT Development Board • Walgreens Proposal • Requested Action
Background • Orange County CRA created in 1990 • Commonly called “Orange Blossom Trail CRA” • Recommendation of OBT Development Board • Finding of Slum • and/or Blight
Background • Redevelopment Plan Adopted • CRA Trust Fund Created • BCC Declared CRA Governing Board
Background CRA Boundaries: • Orange Blossom Trail Corridor • Colonial Drive • Interstate 4 • Rio Grande Ave • Westmoreland Ave
Background • CRA contracted with OBT Development Board • 1991 Agreement • Implements Redevelopment Programs • Consistent with Redevelopment Plan
Presentation Outline • Background • CRA/OBTDB Agreement • OBT Development Board • Walgreens Proposal • Requested Action
CRA/OBTDB Agreement • Replaces 1991 Agreement • Reaffirms Role of OBTDB • Enhances Coordination • Provides for Consistency with County Processes and Procedures • Strengthens Role of BCC acting as the CRA
Presentation Outline • Background • CRA/OBTDB Agreement • OBT Development Board • Walgreens Proposal • Requested Action
Then Now OBT Development Board May 8, 2007
Creation 1 1 2 3 2 3 4 6 5 County City • Created OBTDB in 1984 by Inter-local Agreement • 501 C-3 Non-Profit Corporation • Mission: Plan & implement improvements to OBT 2/3 Funding • Original Funding Provision: • 2/3 Funding from County • 1/3 Funding from City 1/3 Funding • 9 Member Board of Directors: • Volunteers • County: 6 Board Members • City: 3 Board Members
Board of Directors Jason Rosenthal, President Allison Yurko, Vice-President Sybil Adkins Roy Bordes Laura Guitar Christie Hill Commissioner Tiffany Moore Jorg Rivera Ivette Sanchez
Foundation for Success c r a community redevelopment Enterprise Zone agency municipal servicestaxing unit MSTU Brownfields The OBT Development Board asked Orange County to create these programs:
c r a community redevelopment agency municipal servicestaxing unit MSTU OBTDB Programs
OBT Program Boundaries c r a community redevelopment agency municipal servicestaxing unit MSTU
Grants $169,000 $300,000 $50,000 Division of Forestry Toolkit for Economic Dev. Juvenile Justice $125,000 $45,000 $70,000 $575,000 Keep Florida Beautiful ReNEW Grants FL Highway Beautification
OBT Roadway Enhancement municipal servicestaxing unit MSTU Before After $78 Million Project County$8 m Prop Owners $6 m OTHERS $6 m FDOT $50 Million OUC $8 m
OBT Roadway Enhancement municipal servicestaxing unit MSTU Before After
OBT Roadway Maintenance municipal servicestaxing unit MSTU
Safe Neighborhood Program • OBTDB drafted crime prevention legislation • Became law in 1996 • Makes CRIMINALS PAY Misdemeanor$20 Felony$50
c r a community redevelopment agency Kaley Square Park Habitat for Humanity
c r a community redevelopment agency
Economic Development c r a community redevelopment agency • Incentives are needed to bring new commercial development to the area
c r a community redevelopment agency Proposed Development
c r a community redevelopment agency OBT CRA Boundaries Colonial Drive Rio Grande Ave. Westmoreland Ave. In the heart of the CRA area Gore Street & OBT I-4
c r a community redevelopment agency
c r a community redevelopment agency
c r a community redevelopment agency Proposal : • $50,000 incentive to developer for Walgreen’s (Agree Realty Corp.)
c r a community redevelopment agency Inducement to: • Locate on a smaller site • Design and build a non-prototypical building • Fewer parking spaces than Walgreen’s normally provides
c r a community redevelopment agency Benefits: • Eliminate slum and blight • Provide neighborhood jobs • Pharmacy will serve low income and minority neighborhoods • Increase property values in CRA
c r a community redevelopment agency
Presentation Outline • Background • CRA/OBTDB Agreement • OBT Development Board • Walgreens Proposal • Requested Action
Requested Action • Approval of an agreement between the Orange County CRA and the OBT Development Board regarding redevelopment activities on behalf of the CRA.
Requested Action • Authorization for a $50,000 incentive payment to Agree Realty Corporation or its designee for development of a Walgreens Pharmacy to be located at 900 S. Orange Blossom Trail subject to the terms of an incentive agreement to be brought back to the CRA in the future.